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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. Mapletree Industrial Trust's annualized net income for the quarter that ended in Mar. 2026 was $-195.0 Mil. Mapletree Industrial Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $4,029.7 Mil. Therefore, Mapletree Industrial Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -4.84%.
The historical rank and industry rank for Mapletree Industrial Trust's Return-on-Tangible-Equity or its related term are showing as below:
MAPIF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.26 Med: 7.95 Max: 11.31
Current: 4.3
During the past 13 years, Mapletree Industrial Trust's highest Return-on-Tangible-Equity was 11.31%. The lowest was 2.26%. And the median was 7.95%.
MAPIF's Return-on-Tangible-Equity is ranked worse than 63.92% of 934
companies
in the REITs industry
Industry Median: 6.275
vs MAPIF: 4.30
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.
Mapletree Industrial Trust Return-on-Tangible-Equity Related Terms
Mapletree Industrial Trust 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.
MAPIF vs PLD, PSA, EXR: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Mapletree Industrial Trust'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.
Mapletree Industrial Trust Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Mapletree Industrial Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mapletree Industrial Trust'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 -4.84% mean?
Mapletree Industrial Trust (MAPIF) has a Return-on-Tangible-Equity of -4.84% 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 Mapletree Industrial Trust and its competitors. Over the past decade, Mapletree Industrial Trust's Return-on-Tangible-Equity has ranged from 2.26 to 11.31. According to the industry distribution chart, Mapletree Industrial Trust ranks #597 out of 934 companies in the REITs industry, placing it in the top 63.9%.
Is Mapletree Industrial Trust's Return-on-Tangible-Equity too high?
Mapletree Industrial Trust's current Return-on-Tangible-Equity is -4.84%. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 11.31. Based on the distribution chart, Mapletree Industrial Trust ranks #597 out of 934 companies in the REITs industry, which is below the industry midpoint. Overall, Mapletree Industrial Trust has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mapletree Industrial Trust's Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Mapletree Industrial Trust ranks #597 out of 934 companies for Return-on-Tangible-Equity. This places Mapletree Industrial Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.28. Historically, Mapletree Industrial Trust's own Return-on-Tangible-Equity has ranged from 2.26 to 11.31 over the past decade. 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 6.28, based on 934 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 Mapletree Industrial Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mapletree Industrial Trust's current Return-on-Tangible-Equity is -4.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mapletree Industrial Trust stock overvalued right now?
Based on GuruFocus' analysis, Mapletree Industrial Trust (MAPIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.73, compared to a current price of $1.49 — trading 13.9% below its estimated fair value. The current Return-on-Tangible-Equity is -4.84%. Mapletree Industrial Trust's overall GF Score™ is 62/100 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 Mapletree Industrial Trust (MAPIF), the current Return-on-Tangible-Equity is -4.84% 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 Mapletree Industrial Trust (MAPIF) Overvalued in 2026?
Based on GuruFocus' analysis, Mapletree Industrial Trust stock appears to be undervalued.
The current stock price of $1.49 is trading 13.9% below its estimated GF Value™ of $1.73.
GuruFocus considers Mapletree Industrial Trust to be Modestly Undervalued.
Key valuation signals for MAPIF:
Return-on-Tangible-Equity: -4.84%
GF Value™: $1.73 vs. price of $1.49 (13.9% below fair value)
No single metric tells the full story. See the MAPIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mapletree Industrial Trust is a real estate investment trust focused on industrial properties and data centers. Its property portfolio consists of 136 properties in Singapore, North America, and Japan. Types of property owned include data centers, high-tech buildings, business parks, and general industrial. The trust is externally managed by Mapletree Industrial Trust Management Limited, a subsidiary of its sponsor, which owns around 31% stake in the trust.
62GF Score
Get the complete analysis for MAPIF
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