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. Altus Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $-33.0 Mil. Altus Group's average total tangible assets for the quarter that ended in Mar. 2026 was $430.9 Mil. Therefore, Altus Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -7.65%.
The historical rank and industry rank for Altus Group's Return-on-Tangible-Asset or its related term are showing as below:
ASGTF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.95 Med: 5.52 Max: 56.94
Current: -2.33
During the past 13 years, Altus Group's highest Return-on-Tangible-Asset was 56.94%. The lowest was -5.95%. And the median was 5.52%.
ASGTF's Return-on-Tangible-Asset is ranked worse than 79.04% of 1799
companies
in the Real Estate industry
Industry Median: 1.76
vs ASGTF: -2.33
Altus Group (OTCPK:ASGTF) 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.
Altus Group Return-on-Tangible-Asset Related Terms
Altus Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Altus 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.
ASGTF vs CBRE, BEKE, JLL: Return-on-Tangible-Asset Comparison
For the Real Estate Services subindustry, Altus 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.
Altus Group Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Altus Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Altus 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 -7.65% mean?
Altus Group (ASGTF) has a Return-on-Tangible-Asset of -7.65% 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 Altus Group and its competitors. According to the industry distribution chart, Altus Group ranks #1422 out of 1799 companies in the Real Estate industry, placing it in the top 79%.
Is Altus Group's Return-on-Tangible-Asset too high?
Altus Group's current Return-on-Tangible-Asset is -7.65%. Based on the distribution chart, Altus Group ranks #1422 out of 1799 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Altus Group has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Altus Group's Return-on-Tangible-Asset compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Altus Group ranks #1422 out of 1799 companies for Return-on-Tangible-Asset. This places Altus Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.76. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, based on 1,799 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 Altus Group and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altus Group's current Return-on-Tangible-Asset is -7.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Group stock overvalued right now?
Based on GuruFocus' analysis, Altus Group (ASGTF) is currently considered Fairly Valued. The stock's GF Value™ is $35.85, compared to a current price of $32.69 — trading 8.8% below its estimated fair value. The current Return-on-Tangible-Asset is -7.65%. Altus Group's overall GF Score™ is 54/100 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 Altus Group (ASGTF), the current Return-on-Tangible-Asset is -7.65% 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 Altus Group (ASGTF) Overvalued in 2026?
Based on GuruFocus' analysis, Altus Group stock appears to be undervalued.
The current stock price of $32.69 is trading 8.8% below its estimated GF Value™ of $35.85.
GuruFocus considers Altus Group to be Fairly Valued.
Key valuation signals for ASGTF:
Return-on-Tangible-Asset: -7.65%
GF Value™: $35.85 vs. price of $32.69 (8.8% below fair value)
No single metric tells the full story. See the ASGTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altus Group Ltd is a provider of asset and fund intelligence for commercial real estate. The company delivers intelligence as a service to its clients through a connected platform of technology, analytics, and advisory services. The various services provided by the company include valuation advisory, property appraisals, development advisory, quantity surveying, and others, and the different software products offered include Forbury, ARGUS Intelligence, Reonomy, and Altus Data Studio, among others. The company's reportable segments are Analytics and Appraisals, and Development Advisory. Maximum revenue is generated from its Analytics segment, whose portfolio includes software, data analytics, market data, Valuation Management Solutions (VMS), and technology consulting services.
54GF Score
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