NTT DC REIT (FRA:X3E) Return-on-Tangible-Equity: 0.62% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:X3E NTT DC REIT FRA:X3E
20 GF Score
Price €0.79
! 7 Warning Signs
View Full Analysis

What is NTT DC REIT Return-on-Tangible-Equity?

NTT DC REIT FRA:X3E +1.33% 20 Return-on-Tangible-Equity is 0.62% as of Mar. 2026. GuruFocus rates FRA:X3E with a GF Score™ of 20/100. The stock has 7 warning signs investors should review. Among 919 REITs companies, NTT DC REIT ranks worse than 79.87% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. NTT DC REIT's annualized net income for the quarter that ended in Mar. 2026 was €5.8 Mil. NTT DC REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €937.9 Mil. Therefore, NTT DC REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.62%.

The historical rank and industry rank for NTT DC REIT's Return-on-Tangible-Equity or its related term are showing as below:

FRA:X3E' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.16   Med: -1.44   Max: 0.29
Current: 0.29

During the past 4 years, NTT DC REIT's highest Return-on-Tangible-Equity was 0.29%. The lowest was -3.16%. And the median was -1.44%.

FRA:X3E's Return-on-Tangible-Equity is ranked worse than
79.87% of 919 companies
in the REITs industry
Industry Median: 6.33 vs FRA:X3E: 0.29

NTT DC REIT  (FRA:X3E) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


NTT DC REIT Return-on-Tangible-Equity Related Terms


NTT DC REIT Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for NTT DC REIT's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NTT DC REIT Return-on-Tangible-Equity Chart

NTT DC REIT Annual Data
Trend Mar22 Mar23 Mar24 Mar26
Return-on-Tangible-Equity
0.00 0.00 -3.16 0.28

NTT DC REIT Semi-Annual Data
Mar24 Sep25 Mar26
Return-on-Tangible-Equity 0.00 -0.05 0.62

FRA:X3E vs VICI, WPC, BNL: Return-on-Tangible-Equity Comparison

For the REIT - Diversified subindustry, NTT DC REIT's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NTT DC REIT Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, NTT DC REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where NTT DC REIT's Return-on-Tangible-Equity falls into.


FRA:X3E
20GF Score
NTT DC REIT FRA:X3E
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTT DC REIT Return-on-Tangible-Equity Calculation

NTT DC REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2024 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2024 )(A: Mar. 2026 )
=2.711/( (899.196+1021.926 )/ 2 )
=2.711/960.561
=0.28 %

NTT DC REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=5.844/( (853.842+1021.926)/ 2 )
=5.844/937.884
=0.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.62% mean?
NTT DC REIT (FRA:X3E) has a Return-on-Tangible-Equity of 0.62% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NTT DC REIT and its competitors. According to the industry distribution chart, NTT DC REIT ranks #734 out of 919 companies in the REITs industry, placing it in the top 79.9%.
Is NTT DC REIT's Return-on-Tangible-Equity too high?
NTT DC REIT's current Return-on-Tangible-Equity is 0.62%. The REITs industry median Return-on-Tangible-Equity is 6.33. NTT DC REIT's value of 0.62% is 90.2% below this industry median. Based on the distribution chart, NTT DC REIT ranks #734 out of 919 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, NTT DC REIT has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does NTT DC REIT's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, NTT DC REIT ranks #734 out of 919 companies for Return-on-Tangible-Equity. This places NTT DC REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.33. NTT DC REIT's value of 0.62% is 90.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.33, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NTT DC REIT's current Return-on-Tangible-Equity of 0.62% is 90.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NTT DC REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTT DC REIT's current Return-on-Tangible-Equity is 0.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTT DC REIT stock overvalued right now?
NTT DC REIT (FRA:X3E) has a current Return-on-Tangible-Equity of 0.62%. The current Return-on-Tangible-Equity is 0.62% and 90.2% below the REITs industry median of 6.33. NTT DC REIT's overall GF Score™ is 20/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For NTT DC REIT (FRA:X3E), the current Return-on-Tangible-Equity is 0.62% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NTT DC REIT Business Description

Industry Real EstateREITs
Other Exchanges NTDU:Singapore
Address 8 Kallang Avenue, No.14-01/02, Aperia Tower 1, Singapore, SGP, 339509
NTT DC REIT is a Singapore real estate investment trust (S-REIT) established with the principal of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used for data center purposes, as well as assets necessary to support the digital economy. Its key objectives are to provide Unitholders with regular and stable distributions and to achieve long-term growth in DPU and net asset value (NAV) per Unit, while maintaining an appropriate capital structure.
20GF Score

Get the complete analysis for FRA:X3E

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.79
Price