VSA Capital Group (AQSE:VSA) Return-on-Tangible-Asset: -50.59% (As of Mar. 2026)

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What is VSA Capital Group Return-on-Tangible-Asset?

VSA Capital Group AQSE:VSA Return-on-Tangible-Asset is -50.59% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 818 Capital Markets companies, VSA Capital Group ranks worse than 89.49% 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. VSA Capital Group's annualized Net Income for the quarter that ended in Mar. 2026 was £-1.57 Mil. VSA Capital Group's average total tangible assets for the quarter that ended in Mar. 2026 was £3.10 Mil. Therefore, VSA Capital Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -50.59%.

The historical rank and industry rank for VSA Capital Group's Return-on-Tangible-Asset or its related term are showing as below:

AQSE:VSA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -90.56   Med: 1.02   Max: 10.57
Current: -23.85

During the past 7 years, VSA Capital Group's highest Return-on-Tangible-Asset was 10.57%. The lowest was -90.56%. And the median was 1.02%.

AQSE:VSA's Return-on-Tangible-Asset is ranked worse than
89.49% of 818 companies
in the Capital Markets industry
Industry Median: 1.55 vs AQSE:VSA: -23.85

VSA Capital Group  (AQSE:VSA) 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 company’s 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 company’s 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.


VSA Capital Group Return-on-Tangible-Asset Related Terms


VSA Capital Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for VSA 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.

VSA Capital Group Return-on-Tangible-Asset Chart

VSA Capital Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 1.11 5.95 -90.56 -0.97 -27.00

VSA Capital Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -94.33 30.17 -29.71 9.74 -50.59

AQSE:VSA vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison

For the Capital Markets subindustry, VSA 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.


VSA Capital Group Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VSA Capital Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where VSA Capital Group's Return-on-Tangible-Asset falls into.



VSA Capital Group Return-on-Tangible-Asset Calculation

VSA Capital Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-0.652/( (2.009+2.821)/ 2 )
=-0.652/2.415
=-27.00 %

VSA Capital Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-1.566/( (3.37+2.821)/ 2 )
=-1.566/3.0955
=-50.59 %

* 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 two times the semi-annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -50.59% mean?
VSA Capital Group (AQSE:VSA) has a Return-on-Tangible-Asset of -50.59% 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 VSA Capital Group and its competitors. According to the industry distribution chart, VSA Capital Group ranks #732 out of 818 companies in the Capital Markets industry, placing it in the top 89.5%.
Is VSA Capital Group's Return-on-Tangible-Asset too high?
VSA Capital Group's current Return-on-Tangible-Asset is -50.59%. Based on the distribution chart, VSA Capital Group ranks #732 out of 818 companies in the Capital Markets industry, which is in the bottom quartile relative to peers.
How does VSA Capital Group's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, VSA Capital Group ranks #732 out of 818 companies for Return-on-Tangible-Asset. This places VSA Capital Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.55. 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 1.55, 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. 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 VSA Capital Group and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VSA Capital Group's current Return-on-Tangible-Asset is -50.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VSA Capital Group stock overvalued right now?
Based on GuruFocus' analysis, VSA Capital Group (AQSE:VSA) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.05, compared to a current price of £0.05 — trading 10% below its estimated fair value. The current Return-on-Tangible-Asset is -50.59%. 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 VSA Capital Group (AQSE:VSA), the current Return-on-Tangible-Asset is -50.59% 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.

VSA Capital Group Business Description

Address 99 Bishopsgate, London, GBR, EC2M 3XD
VSA Capital Group PLC is an international investment banking and broking firm. The company provides corporate finance, advisory, and capital markets services to private and public growth companies. Its focus is on providing an independent, solutions-driven service to clients across multiple sectors with a particular focus on natural resources, transitional energy, alternative energy and TMT. The company's segment includes Corporate Finance fees, Broking fees, Bond trading, Research fees, and Other income. The company generates the majority of its revenue from the Corporate Finance fees.