Associated Capital GroupACGP 55 Return-on-Tangible-Asset is -0.34% as of Mar. 2026. GuruFocus rates ACGP with a GF Score™ of 55/100 and a GF Value™ of $77.07 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,634 Asset Management companies, Associated Capital Group ranks better than 51.9% 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. Associated Capital Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $-3.30 Mil. Associated Capital Group's average total tangible assets for the quarter that ended in Mar. 2026 was $964.02 Mil. Therefore, Associated Capital Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.34%.
The historical rank and industry rank for Associated Capital Group's Return-on-Tangible-Asset or its related term are showing as below:
ACGP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.95 Med: 2.87 Max: 5.48
Current: 4.59
During the past 13 years, Associated Capital Group's highest Return-on-Tangible-Asset was 5.48%. The lowest was -5.95%. And the median was 2.87%.
ACGP's Return-on-Tangible-Asset is ranked better than 51.9% of 1634
companies
in the Asset Management industry
Industry Median: 4.12
vs ACGP: 4.59
Associated Capital Group (OTCPK:ACGP) 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.
Associated Capital Group Return-on-Tangible-Asset Related Terms
Associated Capital Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Associated Capital Group'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.
Associated Capital Group Return-on-Tangible-Asset Chart
ACGP vs GCMG, MYI, CGBD: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Associated Capital Group'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.
Associated Capital Group Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Associated Capital Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Associated Capital Group'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.34% mean?
Associated Capital Group (ACGP) has a Return-on-Tangible-Asset of -0.34% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Associated Capital Group and its competitors. According to the industry distribution chart, Associated Capital Group ranks #786 out of 1634 companies in the Asset Management industry, placing it in the top 48.1%.
Is Associated Capital Group's Return-on-Tangible-Asset too high?
Associated Capital Group's current Return-on-Tangible-Asset is -0.34%. Based on the distribution chart, Associated Capital Group ranks #786 out of 1634 companies in the Asset Management industry, which is above the industry midpoint. Overall, Associated Capital Group has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Associated Capital Group's Return-on-Tangible-Asset compare to GCMG and MYI?
According to the Asset Management industry distribution chart, Associated Capital Group ranks #786 out of 1634 companies for Return-on-Tangible-Asset. This puts Associated Capital Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.12. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.12, based on 1,634 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. 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 Associated Capital Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Capital Group's current Return-on-Tangible-Asset is -0.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Capital Group stock overvalued right now?
Based on GuruFocus' analysis, Associated Capital Group (ACGP) is currently considered Possible Value Trap. The stock's GF Value™ is $77.07, compared to a current price of $35.90 — trading 53.4% below its estimated fair value. The current Return-on-Tangible-Asset is -0.34%. Associated Capital Group's overall GF Score™ is 55/100 with 4 warning signs 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 Associated Capital Group (ACGP), the current Return-on-Tangible-Asset is -0.34% 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 Associated Capital Group (ACGP) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Capital Group stock appears to be undervalued.
The current stock price of $35.90 is trading 53.4% below its estimated GF Value™ of $77.07.
GuruFocus considers Associated Capital Group to be Possible Value Trap.
Key valuation signals for ACGP:
Return-on-Tangible-Asset: -0.34%
GF Value™: $77.07 vs. price of $35.90 (53.4% below fair value)
No single metric tells the full story. See the ACGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Capital Group Inc is a diversified financial services company. It operates in the business of alternative investment management, institutional research services, and cash and other assets through subsidiaries. The company principally manages assets across a range of risk and event arbitrage portfolios and in equity event-driven value strategies. The business earns management and incentive fees from its advisory activities. It manages assets on a discretionary basis and invests in a variety of U.S. and foreign securities, mainly in the developed global markets. The firm serves a wide variety of investors globally, including private wealth management clients, corporations, corporate pension and profit-sharing plans, foundations and endowments.
55GF Score
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