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.
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.
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. Trematon Capital Investments's annualized net income for the quarter that ended in Feb. 2026 was R-74.1 Mil. Trematon Capital Investments's average shareholder tangible equity for the quarter that ended in Feb. 2026 was R280.0 Mil. Therefore, Trematon Capital Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -26.47%.
The historical rank and industry rank for Trematon Capital Investments's Return-on-Tangible-Equity or its related term are showing as below:
JSE:TMT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.92 Med: 2.34 Max: 41.49
Current: -25.92
During the past 13 years, Trematon Capital Investments's highest Return-on-Tangible-Equity was 41.49%. The lowest was -25.92%. And the median was 2.34%.
JSE:TMT's Return-on-Tangible-Equity is ranked worse than 92.15% of 1719
companies
in the Real Estate industry
Industry Median: 4.44
vs JSE:TMT: -25.92
Trematon Capital Investments (JSE:TMT) 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.
Trematon Capital Investments Return-on-Tangible-Equity Related Terms
Trematon Capital Investments Return-on-Tangible-Equity Historical Data
* 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.
Trematon Capital Investments Return-on-Tangible-Equity Chart
JSE:TMT vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Trematon Capital Investments'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.
Trematon Capital Investments Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Trematon Capital Investments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Trematon Capital Investments'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -26.47% mean?
Trematon Capital Investments (JSE:TMT) has a Return-on-Tangible-Equity of -26.47% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Trematon Capital Investments and its competitors. According to the industry distribution chart, Trematon Capital Investments ranks #1584 out of 1719 companies in the Real Estate industry, placing it in the top 92.1%.
Is Trematon Capital Investments' Return-on-Tangible-Equity too high?
Trematon Capital Investments' current Return-on-Tangible-Equity is -26.47%. Based on the distribution chart, Trematon Capital Investments ranks #1584 out of 1719 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Trematon Capital Investments has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Trematon Capital Investments' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Trematon Capital Investments ranks #1584 out of 1719 companies for Return-on-Tangible-Equity. This places Trematon Capital Investments in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.44. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.44, based on 1,719 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. 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 Trematon Capital Investments and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trematon Capital Investments's current Return-on-Tangible-Equity is -26.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trematon Capital Investments stock overvalued right now?
Based on GuruFocus' analysis, Trematon Capital Investments (JSE:TMT) is currently considered Possible Value Trap. The stock's GF Value™ is R11.73, compared to a current price of R1.16 — trading 90.1% below its estimated fair value. The current Return-on-Tangible-Equity is -26.47%. Trematon Capital Investments' overall GF Score™ is 60/100 with 6 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 Trematon Capital Investments (JSE:TMT), the current Return-on-Tangible-Equity is -26.47% as of Feb. 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 Trematon Capital Investments (JSE:TMT) Overvalued in 2026?
Based on GuruFocus' analysis, Trematon Capital Investments stock appears to be undervalued.
The current stock price of R1.16 is trading 90.1% below its estimated GF Value™ of R11.73.
GuruFocus considers Trematon Capital Investments to be Possible Value Trap.
Key valuation signals for JSE:TMT:
Return-on-Tangible-Equity: -26.47%
GF Value™: R11.73 vs. price of R1.16 (90.1% below fair value)
No single metric tells the full story. See the JSE:TMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trematon Capital Investments Ltd operates as an investment holding company that invests in assets and businesses that its management believes are undervalued and have the potential to achieve its targeted internal rate of return. The company's reportable segments are Property investments, Education, Edutech, UK property investments, Corporate and other. Maximum revenue for the company is generated from its Property investments segment which generates income from the sale of investment property and inventory, rental income on investment property, fair value gains on property investments, and dividend income from reporting entities within the segment. Geographically, the company has a business presence in South Africa and the United Kingdom.
60GF Score
Get the complete analysis for JSE:TMT
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:TMT has been successfully added to your 
