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FairPlay Properties REITXBUL:FPP 72 Return-on-Tangible-Equity is 4.01% as of Mar. 2026, which is 110% above its 10-year median of 1.91. GuruFocus rates XBUL:FPP with a GF Score™ of 72/100 and a GF Value™ of €4.45 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 929 REITs companies, FairPlay Properties REIT ranks better than 87.84% 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. FairPlay Properties REIT's annualized net income for the quarter that ended in Mar. 2026 was €2.72 Mil. FairPlay Properties REIT's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €67.68 Mil. Therefore, FairPlay Properties REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.01%.
The historical rank and industry rank for FairPlay Properties REIT's Return-on-Tangible-Equity or its related term are showing as below:
XBUL:FPP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.41 Med: 1.91 Max: 15.75
Current: 15.19
During the past 10 years, FairPlay Properties REIT's highest Return-on-Tangible-Equity was 15.75%. The lowest was -3.41%. And the median was 1.91%.
XBUL:FPP's Return-on-Tangible-Equity is ranked better than 87.84% of 929
companies
in the REITs industry
Industry Median: 6.25
vs XBUL:FPP: 15.19
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.
FairPlay Properties REIT Return-on-Tangible-Equity Related Terms
FairPlay Properties REIT Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FairPlay Properties 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.
XBUL:FPP vs VICI, WPC: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, FairPlay Properties 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.
FairPlay Properties REIT Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, FairPlay Properties REIT's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FairPlay Properties 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 4.01% mean?
FairPlay Properties REIT (XBUL:FPP) has a Return-on-Tangible-Equity of 4.01% 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 FairPlay Properties REIT and its competitors. This is 110% above median its historical median of 1.91. According to the industry distribution chart, FairPlay Properties REIT ranks #113 out of 929 companies in the REITs industry, placing it in the top 12.2%.
Is FairPlay Properties REIT's Return-on-Tangible-Equity too high?
FairPlay Properties REIT's current Return-on-Tangible-Equity of 4.01% is 110% above median its 10-year median of 1.91. The REITs industry median Return-on-Tangible-Equity is 6.25. FairPlay Properties REIT's value of 4.01% is 35.8% below this industry median. Based on the distribution chart, FairPlay Properties REIT ranks #113 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, FairPlay Properties REIT has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FairPlay Properties REIT's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, FairPlay Properties REIT ranks #113 out of 929 companies for Return-on-Tangible-Equity. This places FairPlay Properties REIT in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.25. FairPlay Properties REIT's value of 4.01% is 35.8% below this benchmark. While the company's 10-year median is 1.91 vs. the industry median of 6.25, FairPlay Properties REIT 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 6.25, based on 929 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. FairPlay Properties REIT's current Return-on-Tangible-Equity of 4.01% is 35.8% 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 FairPlay Properties REIT and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FairPlay Properties REIT's current Return-on-Tangible-Equity is 4.01%, which is 110% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FairPlay Properties REIT stock overvalued right now?
Based on GuruFocus' analysis, FairPlay Properties REIT (XBUL:FPP) is currently considered Possible Value Trap. The stock's GF Value™ is €4.45, compared to a current price of €0.59 — trading 86.9% below its estimated fair value. The current Return-on-Tangible-Equity is 4.01%, which is 110% above median its 10-year median of 1.91 and 35.8% below the REITs industry median of 6.25. FairPlay Properties REIT's overall GF Score™ is 72/100 with 2 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 FairPlay Properties REIT (XBUL:FPP), the current Return-on-Tangible-Equity is 4.01% 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 FairPlay Properties REIT (XBUL:FPP) Overvalued in 2026?
Based on GuruFocus' analysis, FairPlay Properties REIT stock appears to be undervalued.
The current stock price of €0.59 is trading 86.9% below its estimated GF Value™ of €4.45.
GuruFocus considers FairPlay Properties REIT to be Possible Value Trap.
Key valuation signals for XBUL:FPP:
Return-on-Tangible-Equity: 4.01% (110% above median its 10-year median of 1.91)
GF Value™: €4.45 vs. price of €0.59 (86.9% below fair value)
Industry Position: 35.8% below the REITs median (#113 of 929)
No single metric tells the full story. See the XBUL:FPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FairPlay Properties REIT is a real estate investment trust. The company's portfolio consists of apartment complexes, hotels, commercial buildings, residential buildings, and offices among others. Some of its projects are Fodder Kitchen, Fodder Plant, Moderato Restaurant, Greenville Hotel and Apartment Houses, and others.
72GF Score
Get the complete analysis for XBUL:FPP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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