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. Minto Apartment REIT's annualized net income for the quarter that ended in Mar. 2026 was $-296.2 Mil. Minto Apartment REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $551.4 Mil. Therefore, Minto Apartment REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -53.71%.
The historical rank and industry rank for Minto Apartment REIT's Return-on-Tangible-Equity or its related term are showing as below:
MIAPF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.99 Med: 7.95 Max: 23.38
Current: -37.99
During the past 11 years, Minto Apartment REIT's highest Return-on-Tangible-Equity was 23.38%. The lowest was -37.99%. And the median was 7.95%.
MIAPF's Return-on-Tangible-Equity is ranked worse than 98.82% of 932
companies
in the REITs industry
Industry Median: 6.29
vs MIAPF: -37.99
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.
Minto Apartment REIT Return-on-Tangible-Equity Related Terms
Minto Apartment REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Minto Apartment REIT'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.
MIAPF vs AVB, EQR, ESS: Return-on-Tangible-Equity Comparison
For the REIT - Residential subindustry, Minto Apartment REIT'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.
Minto Apartment REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Minto Apartment REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Minto Apartment REIT'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 -53.71% mean?
Minto Apartment REIT (MIAPF) has a Return-on-Tangible-Equity of -53.71% 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 Minto Apartment REIT and its competitors. According to the industry distribution chart, Minto Apartment REIT ranks #921 out of 932 companies in the REITs industry, placing it in the top 98.8%.
Is Minto Apartment REIT's Return-on-Tangible-Equity too high?
Minto Apartment REIT's current Return-on-Tangible-Equity is -53.71%. Based on the distribution chart, Minto Apartment REIT ranks #921 out of 932 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Minto Apartment REIT has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minto Apartment REIT's Return-on-Tangible-Equity compare to AVB and EQR?
According to the REITs industry distribution chart, Minto Apartment REIT ranks #921 out of 932 companies for Return-on-Tangible-Equity. This places Minto Apartment REIT in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.29. 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 6.29, based on 932 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 Minto Apartment REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minto Apartment REIT's current Return-on-Tangible-Equity is -53.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minto Apartment REIT stock overvalued right now?
Based on GuruFocus' analysis, Minto Apartment REIT (MIAPF) is currently considered Fairly Valued. The stock's GF Value™ is $11.64, compared to a current price of $12.55 — trading 7.8% above its estimated fair value. The current Return-on-Tangible-Equity is -53.71%. Minto Apartment REIT's overall GF Score™ is 48/100 with 9 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 Minto Apartment REIT (MIAPF), the current Return-on-Tangible-Equity is -53.71% 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 Minto Apartment REIT (MIAPF) Overvalued in 2026?
Based on GuruFocus' analysis, Minto Apartment REIT stock appears to be overvalued.
The current stock price of $12.55 is trading 7.8% above its estimated GF Value™ of $11.64.
GuruFocus considers Minto Apartment REIT to be Fairly Valued.
Key valuation signals for MIAPF:
Return-on-Tangible-Equity: -53.71%
GF Value™: $11.64 vs. price of $12.55 (7.8% above fair value)
No single metric tells the full story. See the MIAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minto Apartment REIT is an unincorporated, open-ended real estate investment trust. It owns, develops, and operates a portfolio of income-producing multi-residential rental properties located in Canada. Its portfolio consists of interests in multi-residential rental properties, including four mixed-use residential apartments and commercial buildings. The Reit's primary source of revenue is rental revenue.
48GF Score
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