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CBL & Associates PropertiesLTS:0HQK -1.45%43 Return-on-Tangible-Equity is 153.49% as of Mar. 2026, which is 1156% above its 10-year median of 12.22. GuruFocus rates LTS:0HQK with a GF Score™ of 43/100 and a GF Value™ of $28.52 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 921 REITs companies, CBL & Associates Properties ranks better than 98.48% 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. CBL & Associates Properties's annualized net income for the quarter that ended in Mar. 2026 was $185.9 Mil. CBL & Associates Properties's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $121.2 Mil. Therefore, CBL & Associates Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 153.49%.
The historical rank and industry rank for CBL & Associates Properties's Return-on-Tangible-Equity or its related term are showing as below:
LTS:0HQK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -74.9 Med: 12.22 Max: 347.83
Current: 333.87
During the past 7 years, CBL & Associates Properties's highest Return-on-Tangible-Equity was 347.83%. The lowest was -74.90%. And the median was 12.22%.
LTS:0HQK's Return-on-Tangible-Equity is ranked better than 98.48% of 921
companies
in the REITs industry
Industry Median: 6.3
vs LTS:0HQK: 333.87
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.
CBL & Associates Properties Return-on-Tangible-Equity Related Terms
CBL & Associates Properties 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.
LTS:0HQK vs GTY, NTST, ALX: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, CBL & Associates Properties'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.
CBL & Associates Properties Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, CBL & Associates Properties's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CBL & Associates Properties'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 four times the quarterly (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 153.49% mean?
CBL & Associates Properties (LTS:0HQK) has a Return-on-Tangible-Equity of 153.49% 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 CBL & Associates Properties and its competitors. This is 1156% above median its historical median of 12.22. According to the industry distribution chart, CBL & Associates Properties ranks #14 out of 921 companies in the REITs industry, placing it in the top 1.5%.
Is CBL & Associates Properties' Return-on-Tangible-Equity too high?
CBL & Associates Properties' current Return-on-Tangible-Equity of 153.49% is 1156% above median its 10-year median of 12.22. The REITs industry median Return-on-Tangible-Equity is 6.30. CBL & Associates Properties' value of 153.49% is 2336.3% above this industry median. Based on the distribution chart, CBL & Associates Properties ranks #14 out of 921 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, CBL & Associates Properties has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CBL & Associates Properties' Return-on-Tangible-Equity compare to GTY and NTST?
According to the REITs industry distribution chart, CBL & Associates Properties ranks #14 out of 921 companies for Return-on-Tangible-Equity. This places CBL & Associates Properties in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.30. CBL & Associates Properties' value of 153.49% is 2336.3% above this benchmark. While the company's 10-year median is 12.22 vs. the industry median of 6.30, CBL & Associates Properties has consistently been above 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 6.30, based on 921 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. CBL & Associates Properties's current Return-on-Tangible-Equity of 153.49% is 2336.3% above 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 CBL & Associates Properties and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CBL & Associates Properties's current Return-on-Tangible-Equity is 153.49%, which is 1156% above median its own 10-year median of 12.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBL & Associates Properties stock overvalued right now?
Based on GuruFocus' analysis, CBL & Associates Properties (LTS:0HQK) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.52, compared to a current price of $58.46 — trading 105% above its estimated fair value. The current Return-on-Tangible-Equity is 153.49%, which is 1156% above median its 10-year median of 12.22 and 2336.3% above the REITs industry median of 6.30. CBL & Associates Properties' overall GF Score™ is 43/100 with 10 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 CBL & Associates Properties (LTS:0HQK), the current Return-on-Tangible-Equity is 153.49% 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 CBL & Associates Properties (LTS:0HQK) Overvalued in 2026?
Based on GuruFocus' analysis, CBL & Associates Properties stock appears to be overvalued.
The current stock price of $58.46 is trading 105% above its estimated GF Value™ of $28.52.
GuruFocus considers CBL & Associates Properties to be Significantly Overvalued.
Key valuation signals for LTS:0HQK:
Return-on-Tangible-Equity: 153.49% (1156% above median its 10-year median of 12.22)
GF Value™: $28.52 vs. price of $58.46 (105% above fair value)
Industry Position: 2336.3% above the REITs median (#14 of 921)
No single metric tells the full story. See the LTS:0HQK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CBL & Associates Properties Inc is a real estate investment trust. The company engages in the ownership, development, acquisition, leasing, management and operation of regional shopping malls, outlet centers, lifestyle centers, open-air centers and other properties. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.
43GF Score
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