Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aluminum of ChinaALMMF +0.14%79 Return-on-Tangible-Asset is 10.48% as of Mar. 2026, which is 643% above its 10-year median of 1.41. GuruFocus rates ALMMF with a GF Score™ of 79/100 and a GF Value™ of $1.11 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,667 Metals & Mining companies, Aluminum of China ranks better than 85.6% 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. Aluminum of China's annualizedNet Income for the quarter that ended in Mar. 2026 was $3,208 Mil. Aluminum of China's average total tangible assets for the quarter that ended in Mar. 2026 was $30,599 Mil. Therefore, Aluminum of China's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.48%.
The historical rank and industry rank for Aluminum of China's Return-on-Tangible-Asset or its related term are showing as below:
ALMMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.21 Med: 1.41 Max: 6.95
Current: 6.95
During the past 13 years, Aluminum of China's highest Return-on-Tangible-Asset was 6.95%. The lowest was 0.21%. And the median was 1.41%.
ALMMF's Return-on-Tangible-Asset is ranked better than 85.6% of 2667
companies
in the Metals & Mining industry
Industry Median: -17.27
vs ALMMF: 6.95
Aluminum of China (OTCPK:ALMMF) 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.
Aluminum of China Return-on-Tangible-Asset Related Terms
Aluminum of China Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aluminum of China'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.
ALMMF vs AA, CENX, CSTM: Return-on-Tangible-Asset Comparison
For the Aluminum subindustry, Aluminum of China'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.
Aluminum of China Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Aluminum of China's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aluminum of China'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 10.48% mean?
Aluminum of China (ALMMF) has a Return-on-Tangible-Asset of 10.48% 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 Aluminum of China and its competitors. This is 643% above median its historical median of 1.41. Over the past decade, Aluminum of China's Return-on-Tangible-Asset has ranged from 0.21 to 6.95. According to the industry distribution chart, Aluminum of China ranks #384 out of 2667 companies in the Metals & Mining industry, placing it in the top 14.4%.
Is Aluminum of China's Return-on-Tangible-Asset too high?
Aluminum of China's current Return-on-Tangible-Asset of 10.48% is 643% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 6.95. Based on the distribution chart, Aluminum of China ranks #384 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Aluminum of China has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aluminum of China's Return-on-Tangible-Asset compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Aluminum of China ranks #384 out of 2667 companies for Return-on-Tangible-Asset. This places Aluminum of China in the top 14% of its industry — outperforming the majority of peers. Historically, Aluminum of China's own Return-on-Tangible-Asset has ranged from 0.21 to 6.95 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Aluminum of China and its competitors. Aluminum of China's current Return-on-Tangible-Asset is 10.48%, which is 643% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminum of China stock overvalued right now?
Based on GuruFocus' analysis, Aluminum of China (ALMMF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.11, compared to a current price of $0.97 — trading 12.6% below its estimated fair value. The current Return-on-Tangible-Asset is 10.48%, which is 643% above median its 10-year median of 1.41. Aluminum of China's overall GF Score™ is 79/100 with 2 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 Aluminum of China (ALMMF), the current Return-on-Tangible-Asset is 10.48% 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 Aluminum of China (ALMMF) Overvalued in 2026?
Based on GuruFocus' analysis, Aluminum of China stock appears to be undervalued.
The current stock price of $0.97 is trading 12.6% below its estimated GF Value™ of $1.11.
GuruFocus considers Aluminum of China to be Modestly Undervalued.
Key valuation signals for ALMMF:
Return-on-Tangible-Asset: 10.48% (643% above median its 10-year median of 1.41)
GF Value™: $1.11 vs. price of $0.97 (12.6% below fair value)
No single metric tells the full story. See the ALMMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are: the alumina segment, the primary aluminum segment, the energy segment, the marketing segment, and the corporate and other segment. The majority of its revenue is generated from the primary aluminum segment, which consists of procuring alumina and other raw materials, supplemental materials, and electricity power, and smelting alumina to produce primary aluminum.
79GF Score
Get the complete analysis for ALMMF
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
ALMMF has been successfully added to your 
