Primary Health PropertiesPHPRF 62 Return-on-Tangible-Equity is 6.03% as of Dec. 2025, which is 17% below its 10-year median of 7.28. GuruFocus rates PHPRF with a GF Scoreâ„¢ of 62/100 and a GF Valueâ„¢ of $3.33 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 937 REITs companies, Primary Health Properties ranks better than 53.26% 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. Primary Health Properties's annualized net income for the quarter that ended in Dec. 2025 was $159.6 Mil. Primary Health Properties's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $2,646.6 Mil. Therefore, Primary Health Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 6.03%.
The historical rank and industry rank for Primary Health Properties's Return-on-Tangible-Equity or its related term are showing as below:
PHPRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.07 Med: 7.28 Max: 16.92
Current: 6.73
During the past 13 years, Primary Health Properties's highest Return-on-Tangible-Equity was 16.92%. The lowest was -7.07%. And the median was 7.28%.
PHPRF's Return-on-Tangible-Equity is ranked better than 53.26% of 937
companies
in the REITs industry
Industry Median: 6.27
vs PHPRF: 6.73
Primary Health Properties (OTCPK:PHPRF) 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.
Primary Health Properties Return-on-Tangible-Equity Related Terms
Primary Health Properties Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Primary Health Properties'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.
Primary Health Properties Return-on-Tangible-Equity Chart
PHPRF vs WELL, VTR, DOC: Return-on-Tangible-Equity Comparison
For the REIT - Healthcare Facilities subindustry, Primary Health Properties'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.
Primary Health Properties Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Primary Health Properties's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Primary Health Properties'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 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 6.03% mean?
Primary Health Properties (PHPRF) has a Return-on-Tangible-Equity of 6.03% 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 Primary Health Properties and its competitors. This is 17% below median its historical median of 7.28. According to the industry distribution chart, Primary Health Properties ranks #438 out of 937 companies in the REITs industry, placing it in the top 46.7%.
Is Primary Health Properties' Return-on-Tangible-Equity too high?
Primary Health Properties' current Return-on-Tangible-Equity of 6.03% is 17% below median its 10-year median of 7.28. The REITs industry median Return-on-Tangible-Equity is 6.27. Primary Health Properties' value of 6.03% is 3.8% below this industry median. Based on the distribution chart, Primary Health Properties ranks #438 out of 937 companies in the REITs industry, which is above the industry midpoint. Overall, Primary Health Properties has a GF Scoreâ„¢ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Primary Health Properties' Return-on-Tangible-Equity compare to WELL and VTR?
According to the REITs industry distribution chart, Primary Health Properties ranks #438 out of 937 companies for Return-on-Tangible-Equity. This puts Primary Health Properties in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.27. Primary Health Properties' value of 6.03% is 3.8% below this benchmark. While the company's 10-year median is 7.28 vs. the industry median of 6.27, Primary Health Properties has consistently been below 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 6.27, based on 937 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. Primary Health Properties's current Return-on-Tangible-Equity of 6.03% is 3.8% below 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 Primary Health Properties and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Primary Health Properties's current Return-on-Tangible-Equity is 6.03%, which is 17% below median its own 10-year median of 7.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primary Health Properties stock overvalued right now?
Based on GuruFocus' analysis, Primary Health Properties (PHPRF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.33, compared to a current price of $1.27 — trading 61.9% below its estimated fair value. The current Return-on-Tangible-Equity is 6.03%, which is 17% below median its 10-year median of 7.28 and 3.8% below the REITs industry median of 6.27. Primary Health Properties' overall GF Score™ is 62/100 with 5 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 Primary Health Properties (PHPRF), the current Return-on-Tangible-Equity is 6.03% 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.
Is Primary Health Properties (PHPRF) Overvalued in 2026?
Based on GuruFocus' analysis, Primary Health Properties stock appears to be undervalued.
The current stock price of $1.27 is trading 61.9% below its estimated GF Value™ of $3.33.
GuruFocus considers Primary Health Properties to be Possible Value Trap.
Key valuation signals for PHPRF:
Return-on-Tangible-Equity: 6.03% (17% below median its 10-year median of 7.28)
GF Value™: $3.33 vs. price of $1.27 (61.9% below fair value)
Industry Position: 3.8% below the REITs median (#438 of 937)
No single metric tells the full story. See the PHPRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Primary Health Properties PLC is a UK-based real estate investment trust. The company is engaged in making investments in integrated healthcare properties. Its services include Acquisition and development, Property management, Landlord and tenant, Asset management, and Finance. It seeks the generation of rental income and capital growth through investment in primary healthcare property in the United Kingdom and Ireland. It receives rental income on property investments.
62GF Score
Get the complete analysis for PHPRF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PHPRF has been successfully added to your 
