Immobiliere DassaultXPAR:IMDA 65 Return-on-Tangible-Equity is 2.87% as of Dec. 2025, which is 66% below its 10-year median of 8.40. GuruFocus rates XPAR:IMDA with a GF Score™ of 65/100 and a GF Value™ of €63.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 931 REITs companies, Immobiliere Dassault ranks worse than 61.98% 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. Immobiliere Dassault's annualized net income for the quarter that ended in Dec. 2025 was €17.78 Mil. Immobiliere Dassault's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €619.10 Mil. Therefore, Immobiliere Dassault's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 2.87%.
The historical rank and industry rank for Immobiliere Dassault's Return-on-Tangible-Equity or its related term are showing as below:
XPAR:IMDA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.33 Med: 8.4 Max: 23.59
Current: 4.62
During the past 13 years, Immobiliere Dassault's highest Return-on-Tangible-Equity was 23.59%. The lowest was -4.33%. And the median was 8.40%.
XPAR:IMDA's Return-on-Tangible-Equity is ranked worse than 61.98% of 931
companies
in the REITs industry
Industry Median: 6.23
vs XPAR:IMDA: 4.62
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.
Immobiliere Dassault Return-on-Tangible-Equity Related Terms
Immobiliere Dassault Return-on-Tangible-Equity Historical Data
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The historical data trend for Immobiliere Dassault'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.
XPAR:IMDA vs VICI, WPC, BNL: Return-on-Tangible-Equity Comparison
For the REIT - Diversified subindustry, Immobiliere Dassault'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.
Immobiliere Dassault Return-on-Tangible-Equity vs REITs Industry
For the REITs industry and Real Estate sector, Immobiliere Dassault's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Immobiliere Dassault'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 2.87% mean?
Immobiliere Dassault (XPAR:IMDA) has a Return-on-Tangible-Equity of 2.87% 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 Immobiliere Dassault and its competitors. This is 66% below median its historical median of 8.40. According to the industry distribution chart, Immobiliere Dassault ranks #577 out of 931 companies in the REITs industry, placing it in the top 62%.
Is Immobiliere Dassault's Return-on-Tangible-Equity too high?
Immobiliere Dassault's current Return-on-Tangible-Equity of 2.87% is 66% below median its 10-year median of 8.40. The REITs industry median Return-on-Tangible-Equity is 6.23. Immobiliere Dassault's value of 2.87% is 53.9% below this industry median. Based on the distribution chart, Immobiliere Dassault ranks #577 out of 931 companies in the REITs industry, which is below the industry midpoint. Overall, Immobiliere Dassault has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Immobiliere Dassault's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Immobiliere Dassault ranks #577 out of 931 companies for Return-on-Tangible-Equity. This places Immobiliere Dassault in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.23. Immobiliere Dassault's value of 2.87% is 53.9% below this benchmark. While the company's 10-year median is 8.40 vs. the industry median of 6.23, Immobiliere Dassault 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 6.23, based on 931 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. Immobiliere Dassault's current Return-on-Tangible-Equity of 2.87% is 53.9% 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 Immobiliere Dassault and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Immobiliere Dassault's current Return-on-Tangible-Equity is 2.87%, which is 66% below median its own 10-year median of 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immobiliere Dassault stock overvalued right now?
Based on GuruFocus' analysis, Immobiliere Dassault (XPAR:IMDA) is currently considered Modestly Undervalued. The stock's GF Value™ is €63.13, compared to a current price of €47.90 — trading 24.1% below its estimated fair value. The current Return-on-Tangible-Equity is 2.87%, which is 66% below median its 10-year median of 8.40 and 53.9% below the REITs industry median of 6.23. Immobiliere Dassault's overall GF Score™ is 65/100 with 3 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 Immobiliere Dassault (XPAR:IMDA), the current Return-on-Tangible-Equity is 2.87% 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 Immobiliere Dassault (XPAR:IMDA) Overvalued in 2026?
Based on GuruFocus' analysis, Immobiliere Dassault stock appears to be undervalued.
The current stock price of €47.90 is trading 24.1% below its estimated GF Value™ of €63.13.
GuruFocus considers Immobiliere Dassault to be Modestly Undervalued.
Key valuation signals for XPAR:IMDA:
Return-on-Tangible-Equity: 2.87% (66% below median its 10-year median of 8.40)
GF Value™: €63.13 vs. price of €47.90 (24.1% below fair value)
Industry Position: 53.9% below the REITs median (#577 of 931)
No single metric tells the full story. See the XPAR:IMDA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Immobiliere Dassault SA is a France-based real estate company. It owns and manages the office and residential real estate properties. The company's objective is to progressively grow its real estate portfolio in the prime sector of Paris, with a medium and long-term heritage focus, focusing mainly on high-quality office and retail properties.
65GF Score
Get the complete analysis for XPAR:IMDA
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