Adamas TrustADAMM.PFD +0.18%51 Return-on-Tangible-Asset is 1.54% as of Mar. 2026, which is 103% above its 10-year median of 0.76. GuruFocus rates ADAMM.PFD with a GF Score™ of 51/100. The stock has 6 warning signs investors should review. Among 938 REITs companies, Adamas Trust ranks worse than 68.34% 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. Adamas Trust's annualizedNet Income for the quarter that ended in Mar. 2026 was $194.40 Mil. Adamas Trust's average total tangible assets for the quarter that ended in Mar. 2026 was $12,654.73 Mil. Therefore, Adamas Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.54%.
The historical rank and industry rank for Adamas Trust's Return-on-Tangible-Asset or its related term are showing as below:
ADAMM.PFD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.04 Med: 0.76 Max: 3.76
Current: 1.34
During the past 13 years, Adamas Trust's highest Return-on-Tangible-Asset was 3.76%. The lowest was -5.04%. And the median was 0.76%.
ADAMM.PFD's Return-on-Tangible-Asset is ranked worse than 68.34% of 938
companies
in the REITs industry
Industry Median: 3.275
vs ADAMM.PFD: 1.34
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.
Adamas Trust Return-on-Tangible-Asset Related Terms
Adamas Trust Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Adamas Trust'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.
ADAMM.PFD vs BRSP, PMT, IVR: Return-on-Tangible-Asset Comparison
For the REIT - Mortgage subindustry, Adamas Trust'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.
Adamas Trust Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Adamas Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Adamas Trust'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 1.54% mean?
Adamas Trust (ADAMM.PFD) has a Return-on-Tangible-Asset of 1.54% 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 Adamas Trust and its competitors. This is 103% above median its historical median of 0.76. According to the industry distribution chart, Adamas Trust ranks #641 out of 938 companies in the REITs industry, placing it in the top 68.3%.
Is Adamas Trust's Return-on-Tangible-Asset too high?
Adamas Trust's current Return-on-Tangible-Asset of 1.54% is 103% above median its 10-year median of 0.76. The REITs industry median Return-on-Tangible-Asset is 3.28. Adamas Trust's value of 1.54% is 53% below this industry median. Based on the distribution chart, Adamas Trust ranks #641 out of 938 companies in the REITs industry, which is below the industry midpoint. Overall, Adamas Trust has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Adamas Trust's Return-on-Tangible-Asset compare to BRSP and PMT?
According to the REITs industry distribution chart, Adamas Trust ranks #641 out of 938 companies for Return-on-Tangible-Asset. This places Adamas Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Adamas Trust's value of 1.54% is 53% below this benchmark. While the company's 10-year median is 0.76 vs. the industry median of 3.28, Adamas Trust 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-Asset for a REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.28, based on 938 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. Adamas Trust's current Return-on-Tangible-Asset of 1.54% is 53% 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-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 Adamas Trust and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adamas Trust's current Return-on-Tangible-Asset is 1.54%, which is 103% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adamas Trust stock overvalued right now?
Adamas Trust (ADAMM.PFD) has a current Return-on-Tangible-Asset of 1.54%. The current Return-on-Tangible-Asset is 1.54%, which is 103% above median its 10-year median of 0.76 and 53% below the REITs industry median of 3.28. Adamas Trust's overall GF Score™ is 51/100 with 6 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 Adamas Trust (ADAMM.PFD), the current Return-on-Tangible-Asset is 1.54% 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.
Adamas Trust Inc is an internally-managed REIT for U.S. federal income tax purposes, in the business of acquiring, investing in, financing, and managing mainly mortgage-related single-family and multi-family residential assets. Its objective is to deliver long-term stable distributions to its stockholders over changing economic conditions through a combination of net interest spread and capital gains from a diversified investment portfolio. The company's investment portfolio includes credit-sensitive single-family and multi-family assets.
51GF Score
Get the complete analysis for ADAMM.PFD
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ADAMM.PFD has been successfully added to your 
