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Modiv IndustrialMDV 49 Return-on-Tangible-Equity is 13.51% as of Jun. 2026. GuruFocus rates MDV with a GF Score™ of 49/100 and a GF Value™ of $13.09 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 915 REITs companies, Modiv Industrial ranks worse than 60.87% 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. Modiv Industrial's annualized net income for the quarter that ended in Jun. 2026 was $21.50 Mil. Modiv Industrial's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $159.13 Mil. Therefore, Modiv Industrial's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 13.51%.
The historical rank and industry rank for Modiv Industrial's Return-on-Tangible-Equity or its related term are showing as below:
MDV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.73 Med: -2.11 Max: 4.66
Current: 4.66
During the past 7 years, Modiv Industrial's highest Return-on-Tangible-Equity was 4.66%. The lowest was -37.73%. And the median was -2.11%.
MDV's Return-on-Tangible-Equity is ranked worse than 60.87% of 915
companies
in the REITs industry
Industry Median: 6.25
vs MDV: 4.66
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.
Modiv Industrial Return-on-Tangible-Equity Related Terms
Modiv Industrial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Modiv Industrial'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.
MDV vs ILPT, PLD, PSA: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Modiv Industrial'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.
Modiv Industrial Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Modiv Industrial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Modiv Industrial'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 13.51% mean?
Modiv Industrial (MDV) has a Return-on-Tangible-Equity of 13.51% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Modiv Industrial and its competitors. According to the industry distribution chart, Modiv Industrial ranks #557 out of 915 companies in the REITs industry, placing it in the top 60.9%.
Is Modiv Industrial's Return-on-Tangible-Equity too high?
Modiv Industrial's current Return-on-Tangible-Equity is 13.51%. The REITs industry median Return-on-Tangible-Equity is 6.25. Modiv Industrial's value of 13.51% is 116.2% above this industry median. Based on the distribution chart, Modiv Industrial ranks #557 out of 915 companies in the REITs industry, which is below the industry midpoint. Overall, Modiv Industrial has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modiv Industrial's Return-on-Tangible-Equity compare to ILPT and PLD?
According to the REITs industry distribution chart, Modiv Industrial ranks #557 out of 915 companies for Return-on-Tangible-Equity. This places Modiv Industrial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.25. Modiv Industrial's value of 13.51% is 116.2% above this benchmark. 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 6.25, based on 915 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. Modiv Industrial's current Return-on-Tangible-Equity of 13.51% is 116.2% 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 Modiv Industrial and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modiv Industrial's current Return-on-Tangible-Equity is 13.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modiv Industrial stock overvalued right now?
Based on GuruFocus' analysis, Modiv Industrial (MDV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.09, compared to a current price of $18.05 — trading 37.9% above its estimated fair value. The current Return-on-Tangible-Equity is 13.51% and 116.2% above the REITs industry median of 6.25. Modiv Industrial's overall GF Score™ is 49/100 with 12 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 Modiv Industrial (MDV), the current Return-on-Tangible-Equity is 13.51% as of Jun. 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 Modiv Industrial (MDV) Overvalued in 2026?
Based on GuruFocus' analysis, Modiv Industrial stock appears to be overvalued.
The current stock price of $18.05 is trading 37.9% above its estimated GF Value™ of $13.09.
GuruFocus considers Modiv Industrial to be Significantly Overvalued.
Key valuation signals for MDV:
Return-on-Tangible-Equity: 13.51%
GF Value™: $13.09 vs. price of $18.05 (37.9% above fair value)
Industry Position: 116.2% above the REITs median (#557 of 915)
No single metric tells the full story. See the MDV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modiv Industrial Inc is a pioneer in the direct-to-consumer commercial real estate product industry. It provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth. The company has invested in single-tenant income-producing properties. Its current business consists of owning, managing, operating, leasing, acquiring, investing in, and disposing of commercial real estate assets utilized for industrial manufacturing, as well as a few non-core assets. All of the company's consolidated revenues are derived from the company's consolidated real estate properties.
49GF Score
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