Armada MercantileAAMTF 42 Return-on-Tangible-Asset is 6.88% as of Feb. 2026, which is 4814% above its 10-year median of 0.14. GuruFocus rates AAMTF with a GF Score™ of 42/100 and a GF Value™ of $0.25 (Fairly Valued). The stock has 1 warning sign investors should review. Among 818 Capital Markets companies, Armada Mercantile ranks worse than 64.55% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Armada Mercantile's annualizedNet Income for the quarter that ended in Feb. 2026 was $0.08 Mil. Armada Mercantile's average total tangible assets for the quarter that ended in Feb. 2026 was $1.22 Mil. Therefore, Armada Mercantile's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 6.88%.
The historical rank and industry rank for Armada Mercantile's Return-on-Tangible-Asset or its related term are showing as below:
AAMTF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -174.59 Med: 0.14 Max: 197.99
Current: 0.48
During the past 13 years, Armada Mercantile's highest Return-on-Tangible-Asset was 197.99%. The lowest was -174.59%. And the median was 0.14%.
AAMTF's Return-on-Tangible-Asset is ranked worse than 64.55% of 818
companies
in the Capital Markets industry
Industry Median: 1.53
vs AAMTF: 0.48
Armada Mercantile (OTCPK:AAMTF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Armada Mercantile Return-on-Tangible-Asset Related Terms
Armada Mercantile Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Armada Mercantile's Return-on-Tangible-Asset 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.
AAMTF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Armada Mercantile's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Armada Mercantile Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Armada Mercantile's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Armada Mercantile's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.88% mean?
Armada Mercantile (AAMTF) has a Return-on-Tangible-Asset of 6.88% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Armada Mercantile and its competitors. This is 4814% above median its historical median of 0.14. According to the industry distribution chart, Armada Mercantile ranks #528 out of 818 companies in the Capital Markets industry, placing it in the top 64.5%.
Is Armada Mercantile's Return-on-Tangible-Asset too high?
Armada Mercantile's current Return-on-Tangible-Asset of 6.88% is 4814% above median its 10-year median of 0.14. The Capital Markets industry median Return-on-Tangible-Asset is 1.53. Armada Mercantile's value of 6.88% is 349.7% above this industry median. Based on the distribution chart, Armada Mercantile ranks #528 out of 818 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Armada Mercantile has a GF Score™ of 42/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Armada Mercantile's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Armada Mercantile ranks #528 out of 818 companies for Return-on-Tangible-Asset. This places Armada Mercantile in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.53. Armada Mercantile's value of 6.88% is 349.7% above this benchmark. While the company's 10-year median is 0.14 vs. the industry median of 1.53, Armada Mercantile 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-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.53, based on 818 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Armada Mercantile's current Return-on-Tangible-Asset of 6.88% is 349.7% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Armada Mercantile and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armada Mercantile's current Return-on-Tangible-Asset is 6.88%, which is 4814% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armada Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Armada Mercantile (AAMTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.25, compared to a current price of $0.25 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is 6.88%, which is 4814% above median its 10-year median of 0.14 and 349.7% above the Capital Markets industry median of 1.53. Armada Mercantile's overall GF Score™ is 42/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Armada Mercantile (AAMTF), the current Return-on-Tangible-Asset is 6.88% as of Feb. 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 Armada Mercantile (AAMTF) Overvalued in 2026?
Based on GuruFocus' analysis, Armada Mercantile stock appears to be undervalued.
The current stock price of $0.25 is trading 0% below its estimated GF Value™ of $0.25.
GuruFocus considers Armada Mercantile to be Fairly Valued.
Key valuation signals for AAMTF:
Return-on-Tangible-Asset: 6.88% (4814% above median its 10-year median of 0.14)
GF Value™: $0.25 vs. price of $0.25 (0% below fair value)
Industry Position: 349.7% above the Capital Markets median (#528 of 818)
No single metric tells the full story. See the AAMTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order, and other types of specialized finance.
42GF Score
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