Link Prop Investment AB (NGM:LINKAB) Return-on-Tangible-Equity: 8.59% (As of Dec. 2025) — 11% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:LINKAB Link Prop Investment AB NGM:LINKAB
31 GF Score
Price kr138.00
! 11 Warning Signs
View Full Analysis

What is Link Prop Investment AB Return-on-Tangible-Equity?

Link Prop Investment AB NGM:LINKAB +2.99% 31 Return-on-Tangible-Equity is 8.59% as of Dec. 2025, which is 11% above its 10-year median of 7.77. GuruFocus rates NGM:LINKAB with a GF Score™ of 31/100. The stock has 11 warning signs investors should review. Among 1,714 Real Estate companies, Link Prop Investment AB ranks better than 59.45% 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. Link Prop Investment AB's annualized net income for the quarter that ended in Dec. 2025 was kr9.78 Mil. Link Prop Investment AB's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr113.82 Mil. Therefore, Link Prop Investment AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.59%.

The historical rank and industry rank for Link Prop Investment AB's Return-on-Tangible-Equity or its related term are showing as below:

NGM:LINKAB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.63   Med: 7.77   Max: 12.87
Current: 6.54

During the past 11 years, Link Prop Investment AB's highest Return-on-Tangible-Equity was 12.87%. The lowest was 2.63%. And the median was 7.77%.

NGM:LINKAB's Return-on-Tangible-Equity is ranked better than
59.45% of 1714 companies
in the Real Estate industry
Industry Median: 4.27 vs NGM:LINKAB: 6.54

Link Prop Investment AB  (NGM:LINKAB) 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.


Link Prop Investment AB Return-on-Tangible-Equity Related Terms


Link Prop Investment AB Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Link Prop Investment AB'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.

Link Prop Investment AB Return-on-Tangible-Equity Chart

Link Prop Investment AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.31 8.11 12.87 2.63 6.43

Link Prop Investment AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.48 1.46 3.99 4.66 8.59

NGM:LINKAB vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, Link Prop Investment AB'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.


Link Prop Investment AB Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Link Prop Investment AB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Link Prop Investment AB's Return-on-Tangible-Equity falls into.


NGM:LINKAB
31GF Score
Link Prop Investment AB NGM:LINKAB
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Link Prop Investment AB Return-on-Tangible-Equity Calculation

Link Prop Investment AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=7.604/( (120.39+116.234 )/ 2 )
=7.604/118.312
=6.43 %

Link Prop Investment AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=9.782/( (111.4+116.234)/ 2 )
=9.782/113.817
=8.59 %

* 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 8.59% mean?
Link Prop Investment AB (NGM:LINKAB) has a Return-on-Tangible-Equity of 8.59% 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 Link Prop Investment AB and its competitors. This is 11% above median its historical median of 7.77. Over the past decade, Link Prop Investment AB's Return-on-Tangible-Equity has ranged from 2.63 to 12.87. According to the industry distribution chart, Link Prop Investment AB ranks #695 out of 1714 companies in the Real Estate industry, placing it in the top 40.5%.
Is Link Prop Investment AB's Return-on-Tangible-Equity too high?
Link Prop Investment AB's current Return-on-Tangible-Equity of 8.59% is 11% above median its 10-year median of 7.77. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 12.87. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Link Prop Investment AB's value of 8.59% is 101.2% above this industry median. Based on the distribution chart, Link Prop Investment AB ranks #695 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Link Prop Investment AB has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Link Prop Investment AB's Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Link Prop Investment AB ranks #695 out of 1714 companies for Return-on-Tangible-Equity. This puts Link Prop Investment AB in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Link Prop Investment AB's value of 8.59% is 101.2% above this benchmark. Historically, Link Prop Investment AB's own Return-on-Tangible-Equity has ranged from 2.63 to 12.87 over the past decade. While the company's 10-year median is 7.77 vs. the industry median of 4.27, Link Prop Investment AB 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 4.27, based on 1,714 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. Link Prop Investment AB's current Return-on-Tangible-Equity of 8.59% is 101.2% 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 Link Prop Investment AB 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. Link Prop Investment AB's current Return-on-Tangible-Equity is 8.59%, which is 11% above median its own 10-year median of 7.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Prop Investment AB stock overvalued right now?
Link Prop Investment AB (NGM:LINKAB) has a current Return-on-Tangible-Equity of 8.59%. The current Return-on-Tangible-Equity is 8.59%, which is 11% above median its 10-year median of 7.77 and 101.2% above the Real Estate industry median of 4.27. Link Prop Investment AB's overall GF Score™ is 31/100 with 11 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 Link Prop Investment AB (NGM:LINKAB), the current Return-on-Tangible-Equity is 8.59% 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.

Link Prop Investment AB Business Description

Address Stora Badhusgatan 18, C / o Wilfast Forvaltning AB, Gothenburg, SWE, 411 21
Link Prop Investment AB is a real estate company based in Sweden. The company indirectly owns, manages and leases the property Linkoping Idedebatten 3 in Mjardevi Science Park in Linkoping, Sweden.
31GF Score

Get the complete analysis for NGM:LINKAB

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr138.00
Price