General De Galerias Comerciales Socimi (XMAD:GGC) Return-on-Tangible-Equity: 19.87% (As of Dec. 2025) — 17% Above Median

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XMAD:GGC General De Galerias Comerciales Socimi SA XMAD:GGC
91 GF Score
Price €161.00
GF Value €155.85
Valuation Fairly Valued
! 1 Warning Sign
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What is General De Galerias Comerciales Socimi Return-on-Tangible-Equity?

General De Galerias Comerciales Socimi XMAD:GGC 91 Return-on-Tangible-Equity is 19.87% as of Dec. 2025, which is 17% above its 10-year median of 16.98. GuruFocus rates XMAD:GGC with a GF Score™ of 91/100 and a GF Value™ of €155.85 (Fairly Valued). The stock has 1 warning sign investors should review. Among 934 REITs companies, General De Galerias Comerciales Socimi ranks better than 91.01% 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. General De Galerias Comerciales Socimi's annualized net income for the quarter that ended in Dec. 2025 was €198.5 Mil. General De Galerias Comerciales Socimi's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €999.0 Mil. Therefore, General De Galerias Comerciales Socimi's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 19.87%.

The historical rank and industry rank for General De Galerias Comerciales Socimi's Return-on-Tangible-Equity or its related term are showing as below:

XMAD:GGC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.98   Med: 16.98   Max: 42.2
Current: 17.78

During the past 13 years, General De Galerias Comerciales Socimi's highest Return-on-Tangible-Equity was 42.20%. The lowest was 12.98%. And the median was 16.98%.

XMAD:GGC's Return-on-Tangible-Equity is ranked better than
91.01% of 934 companies
in the REITs industry
Industry Median: 6.275 vs XMAD:GGC: 17.78

General De Galerias Comerciales Socimi  (XMAD:GGC) 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.


General De Galerias Comerciales Socimi Return-on-Tangible-Equity Related Terms


General De Galerias Comerciales Socimi Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for General De Galerias Comerciales Socimi'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.

General De Galerias Comerciales Socimi Return-on-Tangible-Equity Chart

General De Galerias Comerciales Socimi 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 17.24 14.57 16.71 15.60 17.69

General De Galerias Comerciales Socimi Semi-Annual Data
Dec15 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 17.94 14.94 16.30 15.58 19.87

XMAD:GGC vs SPG, O, KIM: Return-on-Tangible-Equity Comparison

For the REIT - Retail subindustry, General De Galerias Comerciales Socimi'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.


General De Galerias Comerciales Socimi Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, General De Galerias Comerciales Socimi's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where General De Galerias Comerciales Socimi's Return-on-Tangible-Equity falls into.


XMAD:GGC
91GF Score
General De Galerias Comerciales Socimi SA XMAD:GGC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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General De Galerias Comerciales Socimi Return-on-Tangible-Equity Calculation

General De Galerias Comerciales Socimi'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 )
=170.389/( (877.471+1049.308 )/ 2 )
=170.389/963.3895
=17.69 %

General De Galerias Comerciales Socimi'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 )
=198.536/( (948.592+1049.308)/ 2 )
=198.536/998.95
=19.87 %

* 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 19.87% mean?
General De Galerias Comerciales Socimi (XMAD:GGC) has a Return-on-Tangible-Equity of 19.87% 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 General De Galerias Comerciales Socimi and its competitors. This is 17% above median its historical median of 16.98. Over the past decade, General De Galerias Comerciales Socimi's Return-on-Tangible-Equity has ranged from 12.98 to 42.20. According to the industry distribution chart, General De Galerias Comerciales Socimi ranks #84 out of 934 companies in the REITs industry, placing it in the top 9%.
Is General De Galerias Comerciales Socimi's Return-on-Tangible-Equity too high?
General De Galerias Comerciales Socimi's current Return-on-Tangible-Equity of 19.87% is 17% above median its 10-year median of 16.98. Over the past 10 years, this metric has ranged from a low of 12.98 to a high of 42.20. The REITs industry median Return-on-Tangible-Equity is 6.28. General De Galerias Comerciales Socimi's value of 19.87% is 216.7% above this industry median. Based on the distribution chart, General De Galerias Comerciales Socimi ranks #84 out of 934 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, General De Galerias Comerciales Socimi has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does General De Galerias Comerciales Socimi's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, General De Galerias Comerciales Socimi ranks #84 out of 934 companies for Return-on-Tangible-Equity. This places General De Galerias Comerciales Socimi in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.28. General De Galerias Comerciales Socimi's value of 19.87% is 216.7% above this benchmark. Historically, General De Galerias Comerciales Socimi's own Return-on-Tangible-Equity has ranged from 12.98 to 42.20 over the past decade. While the company's 10-year median is 16.98 vs. the industry median of 6.28, General De Galerias Comerciales Socimi 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 6.28, based on 934 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. General De Galerias Comerciales Socimi's current Return-on-Tangible-Equity of 19.87% is 216.7% 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 General De Galerias Comerciales Socimi and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General De Galerias Comerciales Socimi's current Return-on-Tangible-Equity is 19.87%, which is 17% above median its own 10-year median of 16.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General De Galerias Comerciales Socimi stock overvalued right now?
Based on GuruFocus' analysis, General De Galerias Comerciales Socimi (XMAD:GGC) is currently considered Fairly Valued. The stock's GF Value™ is €155.85, compared to a current price of €161.00 — trading 3.3% above its estimated fair value. The current Return-on-Tangible-Equity is 19.87%, which is 17% above median its 10-year median of 16.98 and 216.7% above the REITs industry median of 6.28. General De Galerias Comerciales Socimi's overall GF Score™ is 91/100 with 1 warning sign 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 General De Galerias Comerciales Socimi (XMAD:GGC), the current Return-on-Tangible-Equity is 19.87% 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 General De Galerias Comerciales Socimi (XMAD:GGC) Overvalued in 2026?

Based on GuruFocus' analysis, General De Galerias Comerciales Socimi stock appears to be overvalued. The current stock price of €161.00 is trading 3.3% above its estimated GF Value™ of €155.85. GuruFocus considers General De Galerias Comerciales Socimi to be Fairly Valued.

Key valuation signals for XMAD:GGC:

  • Return-on-Tangible-Equity: 19.87% (17% above median its 10-year median of 16.98)
  • GF Value™: €155.85 vs. price of €161.00 (3.3% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 216.7% above the REITs median (#84 of 934)

No single metric tells the full story. See the XMAD:GGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


General De Galerias Comerciales Socimi Business Description

Industry Real EstateREITs
Address Ctra. Ojen S/N. P. C. La Canada, Marbella, ESP, 29603
General De Galerías Comerciales Socimi SA is a Spanish investment real estate company. The company is specialized in developing, acquiring and managing quality tertiary real estate assets in the Spanish market. It manages six shopping centres, being five of them located in Andalucía and the other one in Cataluna.
91GF Score

Get the complete analysis for XMAD:GGC

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

€161.00
Price
€155.85
GF Value