Plaza Retail REITPAZRF 69 Return-on-Tangible-Equity is 8.99% as of Mar. 2026, which is 42% above its 10-year median of 6.34. GuruFocus rates PAZRF with a GF Score™ of 69/100 and a GF Value™ of $2.87 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 933 REITs companies, Plaza Retail REIT ranks better than 74.17% 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. Plaza Retail REIT's annualized net income for the quarter that ended in Mar. 2026 was $37.10 Mil. Plaza Retail REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $412.74 Mil. Therefore, Plaza Retail REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.99%.
The historical rank and industry rank for Plaza Retail REIT's Return-on-Tangible-Equity or its related term are showing as below:
PAZRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.35 Med: 6.34 Max: 21.75
Current: 10.58
During the past 13 years, Plaza Retail REIT's highest Return-on-Tangible-Equity was 21.75%. The lowest was -3.35%. And the median was 6.34%.
PAZRF's Return-on-Tangible-Equity is ranked better than 74.17% of 933
companies
in the REITs industry
Industry Median: 6.26
vs PAZRF: 10.58
Plaza Retail REIT (OTCPK:PAZRF) 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.
Plaza Retail REIT Return-on-Tangible-Equity Related Terms
Plaza Retail REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Plaza Retail 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.
PAZRF vs SPG, O, KIM: Return-on-Tangible-Equity Comparison
For the REIT - Retail subindustry, Plaza Retail 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.
Plaza Retail REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Plaza Retail REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Plaza Retail 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 8.99% mean?
Plaza Retail REIT (PAZRF) has a Return-on-Tangible-Equity of 8.99% 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 Plaza Retail REIT and its competitors. This is 42% above median its historical median of 6.34. According to the industry distribution chart, Plaza Retail REIT ranks #241 out of 933 companies in the REITs industry, placing it in the top 25.8%.
Is Plaza Retail REIT's Return-on-Tangible-Equity too high?
Plaza Retail REIT's current Return-on-Tangible-Equity of 8.99% is 42% above median its 10-year median of 6.34. The REITs industry median Return-on-Tangible-Equity is 6.26. Plaza Retail REIT's value of 8.99% is 43.6% above this industry median. Based on the distribution chart, Plaza Retail REIT ranks #241 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Plaza Retail REIT has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plaza Retail REIT's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, Plaza Retail REIT ranks #241 out of 933 companies for Return-on-Tangible-Equity. This puts Plaza Retail REIT in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.26. Plaza Retail REIT's value of 8.99% is 43.6% above this benchmark. While the company's 10-year median is 6.34 vs. the industry median of 6.26, Plaza Retail REIT 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 REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.26, based on 933 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. Plaza Retail REIT's current Return-on-Tangible-Equity of 8.99% is 43.6% 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 Plaza Retail REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plaza Retail REIT's current Return-on-Tangible-Equity is 8.99%, which is 42% above median its own 10-year median of 6.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plaza Retail REIT stock overvalued right now?
Based on GuruFocus' analysis, Plaza Retail REIT (PAZRF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.87, compared to a current price of $3.30 — trading 15% above its estimated fair value. The current Return-on-Tangible-Equity is 8.99%, which is 42% above median its 10-year median of 6.34 and 43.6% above the REITs industry median of 6.26. Plaza Retail REIT's overall GF Score™ is 69/100 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 Plaza Retail REIT (PAZRF), the current Return-on-Tangible-Equity is 8.99% 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 Plaza Retail REIT (PAZRF) Overvalued in 2026?
Based on GuruFocus' analysis, Plaza Retail REIT stock appears to be overvalued.
The current stock price of $3.30 is trading 15% above its estimated GF Value™ of $2.87.
GuruFocus considers Plaza Retail REIT to be Modestly Overvalued.
Key valuation signals for PAZRF:
Return-on-Tangible-Equity: 8.99% (42% above median its 10-year median of 6.34)
GF Value™: $2.87 vs. price of $3.30 (15% above fair value)
Industry Position: 43.6% above the REITs median (#241 of 933)
No single metric tells the full story. See the PAZRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plaza Retail REIT is an unincorporated, open-ended real estate investment trust. It operates as a developer, owner, and manager of retail real estate located mainly in Ontario, Quebec, and Atlantic Canada. Plaza's portfolio largely consists of open-air centres and stand-alone small box retail outlets, and is predominantly occupied by national tenants. Additionally, it also holds land for development.
69GF Score
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