RWAX (TAP Real Estate Technologies) ROE %: 0.00% (As of Mar. 2026)


What is TAP Real Estate Technologies ROE %?

TAP Real Estate Technologies RWAX ROE % is 0.00% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,735 Real Estate companies, TAP Real Estate Technologies ranks worse than 99.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 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 Total Stockholders Equity over the quarter that ended in Mar. 2026 was $-2.88 Mil. Therefore, TAP Real Estate Technologies's annualized ROE % for the quarter that ended in Mar. 2026 was N/A%.

The historical rank and industry rank for TAP Real Estate Technologies's ROE % or its related term are showing as below:

RWAX' s ROE % Range Over the Past 10 Years
Min: -414.9   Med: -168.76   Max: -140.44
Current: -414.9

During the past 11 years, TAP Real Estate Technologies's highest ROE % was -140.44%. The lowest was -414.90%. And the median was -168.76%.

RWAX's ROE % is ranked worse than
99.54% of 1735 companies
in the Real Estate industry
Industry Median: 3.96 vs RWAX: -414.90

TAP Real Estate Technologies  (OTCPK:RWAX) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-11.852/-2.8835
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-11.852 / 0)*(0 / 1.772)*(1.772 / -2.8835)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*N/A
=ROA %*Equity Multiplier
=N/A %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-11.852/-2.8835
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-11.852 / -11.852) * (-11.852 / -7.008) * (-7.008 / 0) * (0 / 1.772) * (1.772 / -2.8835)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.6912 * N/A % * 0 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.

Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.

TAP Real Estate Technologies ROE % Related Terms

TAP Real Estate Technologies ROE % Historical Data

* Premium members only.

The historical data trend for TAP Real Estate Technologies's ROE % 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 ROE % Chart

TAP Real Estate Technologies Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
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
ROE % 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: ROE % Comparison

For the Real Estate Services subindustry, TAP Real Estate Technologies's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, TAP Real Estate Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where TAP Real Estate Technologies's ROE % falls into.


TAP Real Estate Technologies ROE % Calculation

TAP Real Estate Technologies's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-15.973/( (-3.463+-2.87)/ 2 )
=-15.973/-3.1665
=N/A %

TAP Real Estate Technologies's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-11.852/( (-2.87+-2.897)/ 2 )
=-11.852/-2.8835
=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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
TAP Real Estate Technologies (RWAX) has a ROE % of 0.00% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TAP Real Estate Technologies and its competitors. According to the industry distribution chart, TAP Real Estate Technologies ranks #1727 out of 1735 companies in the Real Estate industry, placing it in the top 99.5%.
Is TAP Real Estate Technologies' ROE % too high?
TAP Real Estate Technologies' current ROE % is 0.00%. Based on the distribution chart, TAP Real Estate Technologies ranks #1727 out of 1735 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does TAP Real Estate Technologies' ROE % compare to AIRE and LHAI?
According to the Real Estate industry distribution chart, TAP Real Estate Technologies ranks #1727 out of 1735 companies for ROE %. This places TAP Real Estate Technologies in the lower half of its industry. The industry median ROE % is 3.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.96, based on 1,735 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TAP Real Estate Technologies and its competitors. For the Real Estate industry, the median ROE % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAP Real Estate Technologies's current ROE % 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 ROE % of 0.00%. The current ROE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For TAP Real Estate Technologies (RWAX), the current ROE % 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.