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Castleview Property FundJSE:CVW 58 Return-on-Tangible-Equity is 5.91% as of Mar. 2026, which is 49% below its 10-year median of 11.64. GuruFocus rates JSE:CVW with a GF Score™ of 58/100 and a GF Value™ of R7.31 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 917 REITs companies, Castleview Property Fund ranks better than 87.79% 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. Castleview Property Fund's annualized net income for the quarter that ended in Mar. 2026 was R618 Mil. Castleview Property Fund's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R10,456 Mil. Therefore, Castleview Property Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.91%.
The historical rank and industry rank for Castleview Property Fund's Return-on-Tangible-Equity or its related term are showing as below:
JSE:CVW'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.49 Med: 11.64 Max: 45.06
Current: 15.28
During the past 9 years, Castleview Property Fund's highest Return-on-Tangible-Equity was 45.06%. The lowest was -13.49%. And the median was 11.64%.
JSE:CVW's Return-on-Tangible-Equity is ranked better than 87.79% of 917
companies
in the REITs industry
Industry Median: 6.26
vs JSE:CVW: 15.28
Castleview Property Fund (JSE:CVW) 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.
Castleview Property Fund Return-on-Tangible-Equity Related Terms
Castleview Property Fund Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Castleview Property Fund'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.
Castleview Property Fund Return-on-Tangible-Equity Chart
JSE:CVW vs SPG, O, KIM: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, Castleview Property Fund'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.
Castleview Property Fund Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Castleview Property Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Castleview Property Fund's Return-on-Tangible-Equity falls into.
* 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 5.91% mean?
Castleview Property Fund (JSE:CVW) has a Return-on-Tangible-Equity of 5.91% 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 Castleview Property Fund and its competitors. This is 49% below median its historical median of 11.64. According to the industry distribution chart, Castleview Property Fund ranks #112 out of 917 companies in the REITs industry, placing it in the top 12.2%.
Is Castleview Property Fund's Return-on-Tangible-Equity too high?
Castleview Property Fund's current Return-on-Tangible-Equity of 5.91% is 49% below median its 10-year median of 11.64. The REITs industry median Return-on-Tangible-Equity is 6.26. Castleview Property Fund's value of 5.91% is 5.6% below this industry median. Based on the distribution chart, Castleview Property Fund ranks #112 out of 917 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Castleview Property Fund has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castleview Property Fund's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, Castleview Property Fund ranks #112 out of 917 companies for Return-on-Tangible-Equity. This places Castleview Property Fund in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.26. Castleview Property Fund's value of 5.91% is 5.6% below this benchmark. While the company's 10-year median is 11.64 vs. the industry median of 6.26, Castleview Property Fund has consistently been below the industry average. 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 6.26, based on 917 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. Castleview Property Fund's current Return-on-Tangible-Equity of 5.91% is 5.6% 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 Castleview Property Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castleview Property Fund's current Return-on-Tangible-Equity is 5.91%, which is 49% below median its own 10-year median of 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castleview Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Castleview Property Fund (JSE:CVW) is currently considered Significantly Overvalued. The stock's GF Value™ is R7.31, compared to a current price of R10.40 — trading 42.3% above its estimated fair value. The current Return-on-Tangible-Equity is 5.91%, which is 49% below median its 10-year median of 11.64 and 5.6% below the REITs industry median of 6.26. Castleview Property Fund's overall GF Score™ is 58/100 with 11 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 Castleview Property Fund (JSE:CVW), the current Return-on-Tangible-Equity is 5.91% 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.
Is Castleview Property Fund (JSE:CVW) Overvalued in 2026?
Based on GuruFocus' analysis, Castleview Property Fund stock appears to be overvalued.
The current stock price of R10.40 is trading 42.3% above its estimated GF Value™ of R7.31.
GuruFocus considers Castleview Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:CVW:
Return-on-Tangible-Equity: 5.91% (49% below median its 10-year median of 11.64)
GF Value™: R7.31 vs. price of R10.40 (42.3% above fair value)
Industry Position: 5.6% below the REITs median (#112 of 917)
No single metric tells the full story. See the JSE:CVW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Castleview Property Fund Ltd is a property holding and investment company in South Africa. Principally, it invests in a diversified portfolio of retail properties situated in South Africa. The company also invests in regional shopping centers like Pier 14 Shopping Centre located in the Eastern Cape.
58GF Score
Get the complete analysis for JSE:CVW
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