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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.
Big Digital EnergyBGDE +0.48%38 Return-on-Tangible-Asset is -54.57% as of Jun. 2026. GuruFocus rates BGDE with a GF Score™ of 38/100 and a GF Value™ of $3.56 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 811 Capital Markets companies, Big Digital Energy ranks worse than 92.23% 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. Big Digital Energy's annualizedNet Income for the quarter that ended in Jun. 2026 was $-29.50 Mil. Big Digital Energy's average total tangible assets for the quarter that ended in Jun. 2026 was $54.07 Mil. Therefore, Big Digital Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -54.57%.
The historical rank and industry rank for Big Digital Energy's Return-on-Tangible-Asset or its related term are showing as below:
BGDE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -893.37 Med: -77.5 Max: -37.87
Current: -40.86
During the past 13 years, Big Digital Energy's highest Return-on-Tangible-Asset was -37.87%. The lowest was -893.37%. And the median was -77.50%.
BGDE's Return-on-Tangible-Asset is ranked worse than 92.23% of 811
companies
in the Capital Markets industry
Industry Median: 1.61
vs BGDE: -40.86
Big Digital Energy (NAS:BGDE) 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.
Big Digital Energy Return-on-Tangible-Asset Related Terms
Big Digital Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Big Digital Energy'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.
BGDE vs COHN, GRAN, PLUT: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Big Digital Energy'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.
Big Digital Energy Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Big Digital Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Big Digital Energy'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -54.57% mean?
Big Digital Energy (BGDE) has a Return-on-Tangible-Asset of -54.57% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Big Digital Energy and its competitors. According to the industry distribution chart, Big Digital Energy ranks #748 out of 811 companies in the Capital Markets industry, placing it in the top 92.2%.
Is Big Digital Energy's Return-on-Tangible-Asset too high?
Big Digital Energy's current Return-on-Tangible-Asset is -54.57%. Based on the distribution chart, Big Digital Energy ranks #748 out of 811 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Big Digital Energy has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Big Digital Energy's Return-on-Tangible-Asset compare to COHN and GRAN?
According to the Capital Markets industry distribution chart, Big Digital Energy ranks #748 out of 811 companies for Return-on-Tangible-Asset. This places Big Digital Energy in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.61. 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 1.61, based on 811 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 Big Digital Energy and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Digital Energy's current Return-on-Tangible-Asset is -54.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Digital Energy stock overvalued right now?
Based on GuruFocus' analysis, Big Digital Energy (BGDE) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.56, compared to a current price of $6.42 — trading 80.3% above its estimated fair value. The current Return-on-Tangible-Asset is -54.57%. Big Digital Energy's overall GF Score™ is 38/100 with 7 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 Big Digital Energy (BGDE), the current Return-on-Tangible-Asset is -54.57% as of Jun. 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 Big Digital Energy (BGDE) Overvalued in 2026?
Based on GuruFocus' analysis, Big Digital Energy stock appears to be overvalued.
The current stock price of $6.42 is trading 80.3% above its estimated GF Value™ of $3.56.
GuruFocus considers Big Digital Energy to be Significantly Overvalued.
Key valuation signals for BGDE:
Return-on-Tangible-Asset: -54.57%
GF Value™: $3.56 vs. price of $6.42 (80.3% above fair value)
No single metric tells the full story. See the BGDE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Big Digital Energy Inc, formerly Mawson Infrastructure Group Inc is focused on digital infrastructure platforms. It designs, builds and operates next-generation digital infrastructure platforms for enterprise customers and for its own purposes. The company provides services spanning AI, HPC, digital assets including Bitcoin mining, and other intensive compute applications. The company delivers both self-mining operations and colocation services to enterprise customers with a vertically integrated infrastructure model built for scalability and efficiency. The company also has an energy management business, which utilizes software and analysis, to generate revenue by participating in energy management programs. It operates as one energy management and digital asset mining segment.
38GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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