Melcor DevelopmentsMODVF 79 Return-on-Tangible-Equity is 7.30% as of Mar. 2026, which is 72% above its 10-year median of 4.24. GuruFocus rates MODVF with a GF Score™ of 79/100 and a GF Value™ of $11.20 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,718 Real Estate companies, Melcor Developments ranks better than 57.92% 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. Melcor Developments's annualized net income for the quarter that ended in Mar. 2026 was $67.6 Mil. Melcor Developments's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $925.6 Mil. Therefore, Melcor Developments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.30%.
The historical rank and industry rank for Melcor Developments's Return-on-Tangible-Equity or its related term are showing as below:
MODVF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.06 Med: 4.24 Max: 7.79
Current: 6.07
During the past 13 years, Melcor Developments's highest Return-on-Tangible-Equity was 7.79%. The lowest was 1.06%. And the median was 4.24%.
MODVF's Return-on-Tangible-Equity is ranked better than 57.92% of 1718
companies
in the Real Estate industry
Industry Median: 4.195
vs MODVF: 6.07
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.
Melcor Developments Return-on-Tangible-Equity Related Terms
Melcor Developments Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Melcor Developments'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.
For the Real Estate - Development subindustry, Melcor Developments'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.
Melcor Developments Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Melcor Developments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Melcor Developments'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 7.30% mean?
Melcor Developments (MODVF) has a Return-on-Tangible-Equity of 7.30% 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 Melcor Developments and its competitors. This is 72% above median its historical median of 4.24. Over the past decade, Melcor Developments' Return-on-Tangible-Equity has ranged from 1.06 to 7.79. According to the industry distribution chart, Melcor Developments ranks #723 out of 1718 companies in the Real Estate industry, placing it in the top 42.1%.
Is Melcor Developments' Return-on-Tangible-Equity too high?
Melcor Developments' current Return-on-Tangible-Equity of 7.30% is 72% above median its 10-year median of 4.24. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 7.79. The Real Estate industry median Return-on-Tangible-Equity is 4.20. Melcor Developments' value of 7.30% is 74% above this industry median. Based on the distribution chart, Melcor Developments ranks #723 out of 1718 companies in the Real Estate industry, which is above the industry midpoint. Overall, Melcor Developments has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Melcor Developments ranks #723 out of 1718 companies for Return-on-Tangible-Equity. This puts Melcor Developments in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.20. Melcor Developments' value of 7.30% is 74% above this benchmark. Historically, Melcor Developments' own Return-on-Tangible-Equity has ranged from 1.06 to 7.79 over the past decade. While the company's 10-year median is 4.24 vs. the industry median of 4.20, Melcor Developments 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,718 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. Melcor Developments's current Return-on-Tangible-Equity of 7.30% is 74% 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 Melcor Developments and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melcor Developments's current Return-on-Tangible-Equity is 7.30%, which is 72% above median its own 10-year median of 4.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (MODVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.20, compared to a current price of $12.90 — trading 15.2% above its estimated fair value. The current Return-on-Tangible-Equity is 7.30%, which is 72% above median its 10-year median of 4.24 and 74% above the Real Estate industry median of 4.20. Melcor Developments' overall GF Score™ is 79/100 with 4 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 Melcor Developments (MODVF), the current Return-on-Tangible-Equity is 7.30% 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 Melcor Developments (MODVF) Overvalued in 2026?
Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued.
The current stock price of $12.90 is trading 15.2% above its estimated GF Value™ of $11.20.
GuruFocus considers Melcor Developments to be Modestly Overvalued.
Key valuation signals for MODVF:
Return-on-Tangible-Equity: 7.30% (72% above median its 10-year median of 4.24)
GF Value™: $11.20 vs. price of $12.90 (15.2% above fair value)
Industry Position: 74% above the Real Estate median (#723 of 1718)
No single metric tells the full story. See the MODVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
79GF Score
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