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. Patriot Resources's annualizedNet Income for the quarter that ended in Mar. 2026 was $-1.04 Mil. Patriot Resources's average total tangible assets for the quarter that ended in Mar. 2026 was $3.02 Mil. Therefore, Patriot Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -34.26%.
The historical rank and industry rank for Patriot Resources's Return-on-Tangible-Asset or its related term are showing as below:
FDOGF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -25.64 Med: -8.62 Max: 20.21
Current: -16.57
During the past 5 years, Patriot Resources's highest Return-on-Tangible-Asset was 20.21%. The lowest was -25.64%. And the median was -8.62%.
FDOGF's Return-on-Tangible-Asset is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 3.39
vs FDOGF: -16.57
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.
Patriot Resources Return-on-Tangible-Asset Related Terms
Patriot Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Patriot Resources'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.
FDOGF vs PG, CL, KVUE: Return-on-Tangible-Asset Comparison
For the Household & Personal Products subindustry, Patriot Resources'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.
Patriot Resources Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Patriot Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Patriot Resources'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 -34.26% mean?
Patriot Resources (FDOGF) has a Return-on-Tangible-Asset of -34.26% 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 Patriot Resources and its competitors.
Is Patriot Resources' Return-on-Tangible-Asset too high?
Patriot Resources' current Return-on-Tangible-Asset is -34.26%. Overall, Patriot Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Patriot Resources' Return-on-Tangible-Asset compare to PG and CL?
Patriot Resources' Return-on-Tangible-Asset of -34.26% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Asset is 3.39. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.39, based on 1,987 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 Patriot Resources and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patriot Resources's current Return-on-Tangible-Asset is -34.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patriot Resources stock overvalued right now?
Patriot Resources (FDOGF) has a current Return-on-Tangible-Asset of -34.26%. The current Return-on-Tangible-Asset is -34.26%. Patriot Resources' overall GF Score™ is 32/100 with 3 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 Patriot Resources (FDOGF), the current Return-on-Tangible-Asset is -34.26% 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.
Patriot Resources Corp is engaged in creating premium pet care products that are formulated with natural, ethically sourced ingredients; and are non-GMO and sulfate, paraben, and cruelty free for direct business to consumer sales. The company had one operating segment, being the manufacture of hair care and pet care products.
32GF Score
Get the complete analysis for FDOGF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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