RWAX (TAP Real Estate Technologies) Return-on-Tangible-Equity: 0.00% (As of Mar. 2026)


What is TAP Real Estate Technologies Return-on-Tangible-Equity?

TAP Real Estate Technologies RWAX Return-on-Tangible-Equity is 0.00% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,718 Real Estate companies, TAP Real Estate Technologies ranks worse than 99.59% 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. TAP Real Estate Technologies's annualized net income for the quarter that ended in Mar. 2026 was $-11.85 Mil. TAP Real Estate Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-3.23 Mil. Therefore, TAP Real Estate Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.

The historical rank and industry rank for TAP Real Estate Technologies's Return-on-Tangible-Equity or its related term are showing as below:

RWAX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -422.74   Med: -168.76   Max: -140.44
Current: -422.74

During the past 11 years, TAP Real Estate Technologies's highest Return-on-Tangible-Equity was -140.44%. The lowest was -422.74%. And the median was -168.76%.

RWAX's Return-on-Tangible-Equity is ranked worse than
99.59% of 1718 companies
in the Real Estate industry
Industry Median: 4.195 vs RWAX: -422.74

TAP Real Estate Technologies  (OTCPK:RWAX) 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.


TAP Real Estate Technologies Return-on-Tangible-Equity Related Terms


TAP Real Estate Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for TAP Real Estate Technologies'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.

TAP Real Estate Technologies Return-on-Tangible-Equity Chart

TAP Real Estate Technologies Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TAP Real Estate Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,032.88 -90.82 -457.75 -443.66 0.00

RWAX vs AIRE, LHAI, AWCA: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, TAP Real Estate Technologies'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.


TAP Real Estate Technologies Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, TAP Real Estate Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TAP Real Estate Technologies's Return-on-Tangible-Equity falls into.



TAP Real Estate Technologies Return-on-Tangible-Equity Calculation

TAP Real Estate Technologies'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 )
=-15.973/( (-3.463+-2.87 )/ 2 )
=-15.973/-3.1665
=N/A %

TAP Real Estate Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-11.852/( (-2.87+-3.592)/ 2 )
=-11.852/-3.231
=N/A %

* 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 0.00% mean?
TAP Real Estate Technologies (RWAX) has a Return-on-Tangible-Equity of 0.00% 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 TAP Real Estate Technologies and its competitors. According to the industry distribution chart, TAP Real Estate Technologies ranks #1711 out of 1718 companies in the Real Estate industry, placing it in the top 99.6%.
Is TAP Real Estate Technologies' Return-on-Tangible-Equity too high?
TAP Real Estate Technologies' current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, TAP Real Estate Technologies ranks #1711 out of 1718 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does TAP Real Estate Technologies' Return-on-Tangible-Equity compare to AIRE and LHAI?
According to the Real Estate industry distribution chart, TAP Real Estate Technologies ranks #1711 out of 1718 companies for Return-on-Tangible-Equity. This places TAP Real Estate Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.20. 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. 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 TAP Real Estate Technologies 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. TAP Real Estate Technologies's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAP Real Estate Technologies stock overvalued right now?
TAP Real Estate Technologies (RWAX) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 TAP Real Estate Technologies (RWAX), the current Return-on-Tangible-Equity is 0.00% 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.

TAP Real Estate Technologies Business Description

Address 101 W. Broadway, Suite 1450, San Diego, CA, USA, 92101
TAP Real Estate Technologies Inc is focused on the acquisition, management, and tokenization of real estate. The company seeks to combine established real estate fundamentals with emerging digital and blockchain tokenization technologies in order to enhance transparency, operational efficiency, and investor access in the real estate industry. The TAP Technology Platform products consists of TAP AI Analyzer, TAURUS AI-Agent, TAP Wallet, TAP Token Engine, TAP Smart Contracts, TAP Invest, and TAP Registry. The company operates in single segment.