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Plaza CentresMAL:PZC 59 Return-on-Tangible-Equity is 3.00% as of Dec. 2025, which is 26% below its 10-year median of 4.05. GuruFocus rates MAL:PZC with a GF Score™ of 59/100 and a GF Value™ of €0.66 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,719 Real Estate companies, Plaza Centres ranks worse than 51.13% 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. Plaza Centres's annualized net income for the quarter that ended in Dec. 2025 was €0.84 Mil. Plaza Centres's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €28.13 Mil. Therefore, Plaza Centres's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 3.00%.
The historical rank and industry rank for Plaza Centres's Return-on-Tangible-Equity or its related term are showing as below:
MAL:PZC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.61 Med: 4.05 Max: 4.98
Current: 3.98
During the past 13 years, Plaza Centres's highest Return-on-Tangible-Equity was 4.98%. The lowest was 1.61%. And the median was 4.05%.
MAL:PZC's Return-on-Tangible-Equity is ranked worse than 51.13% of 1719
companies
in the Real Estate industry
Industry Median: 4.27
vs MAL:PZC: 3.98
Plaza Centres (MAL:PZC) 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.
Plaza Centres Return-on-Tangible-Equity Related Terms
Plaza Centres Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Plaza Centres'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.
MAL:PZC vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Plaza Centres'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.
Plaza Centres Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Plaza Centres's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Plaza Centres'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 3.00% mean?
Plaza Centres (MAL:PZC) has a Return-on-Tangible-Equity of 3.00% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Plaza Centres and its competitors. This is 26% below median its historical median of 4.05. Over the past decade, Plaza Centres' Return-on-Tangible-Equity has ranged from 1.61 to 4.98. According to the industry distribution chart, Plaza Centres ranks #879 out of 1719 companies in the Real Estate industry, placing it in the top 51.1%.
Is Plaza Centres' Return-on-Tangible-Equity too high?
Plaza Centres' current Return-on-Tangible-Equity of 3.00% is 26% below median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 4.98. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Plaza Centres' value of 3.00% is 29.7% below this industry median. Based on the distribution chart, Plaza Centres ranks #879 out of 1719 companies in the Real Estate industry, which is below the industry midpoint. Overall, Plaza Centres has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Centres' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Plaza Centres ranks #879 out of 1719 companies for Return-on-Tangible-Equity. This places Plaza Centres in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Plaza Centres' value of 3.00% is 29.7% below this benchmark. Historically, Plaza Centres' own Return-on-Tangible-Equity has ranged from 1.61 to 4.98 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 4.27, Plaza Centres 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, 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. Plaza Centres's current Return-on-Tangible-Equity of 3.00% is 29.7% 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 Plaza Centres and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plaza Centres's current Return-on-Tangible-Equity is 3.00%, which is 26% below median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Centres stock overvalued right now?
Based on GuruFocus' analysis, Plaza Centres (MAL:PZC) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.66, compared to a current price of €0.86 — trading 30.3% above its estimated fair value. The current Return-on-Tangible-Equity is 3.00%, which is 26% below median its 10-year median of 4.05 and 29.7% below the Real Estate industry median of 4.27. Plaza Centres' overall GF Score™ is 59/100 with 8 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 Plaza Centres (MAL:PZC), the current Return-on-Tangible-Equity is 3.00% as of Dec. 2025. 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 Plaza Centres (MAL:PZC) Overvalued in 2026?
Based on GuruFocus' analysis, Plaza Centres stock appears to be overvalued.
The current stock price of €0.86 is trading 30.3% above its estimated GF Value™ of €0.66.
GuruFocus considers Plaza Centres to be Modestly Overvalued.
Key valuation signals for MAL:PZC:
Return-on-Tangible-Equity: 3.00% (26% below median its 10-year median of 4.05)
GF Value™: €0.66 vs. price of €0.86 (30.3% above fair value)
Industry Position: 29.7% below the Real Estate median (#879 of 1719)
No single metric tells the full story. See the MAL:PZC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plaza Centres PLC is engaged in the business of leasing and managing the plaza shopping and commercial centers. The company is carrying on the business activities of establishing, operating, and selling shopping and entertainment centers. The firm generates its revenue from the rental income that comes from retail outlets and office space on its commercial property.
59GF Score
Get the complete analysis for MAL:PZC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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