FRMM (Forum Markets) Return-on-Tangible-Asset: -118.72% (As of Mar. 2026)


FRMM Forum Markets Inc FRMM
26 GF Score
Price $6.02
! 2 Warning Signs
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What is Forum Markets Return-on-Tangible-Asset?

Forum Markets FRMM +6.55% 26 Return-on-Tangible-Asset is -118.72% as of Mar. 2026. GuruFocus rates FRMM with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 2,883 Software companies, Forum Markets ranks worse than 94.07% 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. Forum Markets's annualized Net Income for the quarter that ended in Mar. 2026 was $-305.06 Mil. Forum Markets's average total tangible assets for the quarter that ended in Mar. 2026 was $256.95 Mil. Therefore, Forum Markets's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -118.72%.

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

FRMM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3166.33   Med: -317.26   Max: -75.21
Current: -171.34

During the past 7 years, Forum Markets's highest Return-on-Tangible-Asset was -75.21%. The lowest was -3166.33%. And the median was -317.26%.

FRMM's Return-on-Tangible-Asset is ranked worse than
94.07% of 2883 companies
in the Software industry
Industry Median: 2.02 vs FRMM: -171.34

Forum Markets  (NAS:FRMM) 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.


Forum Markets Return-on-Tangible-Asset Related Terms


Forum Markets Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Forum Markets'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.

Forum Markets Return-on-Tangible-Asset Chart

Forum Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial -267.15 -384.78 -317.26 -75.21 -282.40

Forum Markets Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -112.86 -194.02 -171.27 -139.67 -118.72

FRMM vs ILLR, RSSS, IDN: Return-on-Tangible-Asset Comparison

For the Software - Application subindustry, Forum Markets'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.


Forum Markets Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Forum Markets's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Forum Markets's Return-on-Tangible-Asset falls into.


FRMM
26GF Score
Forum Markets Inc FRMM
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Forum Markets Return-on-Tangible-Asset Calculation

Forum Markets's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-450.521/( (12.764+306.297)/ 2 )
=-450.521/159.5305
=-282.40 %

Forum Markets'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-305.056/( (306.297+207.611)/ 2 )
=-305.056/256.954
=-118.72 %

* 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 -118.72% mean?
Forum Markets (FRMM) has a Return-on-Tangible-Asset of -118.72% 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 Forum Markets and its competitors. According to the industry distribution chart, Forum Markets ranks #2712 out of 2883 companies in the Software industry, placing it in the top 94.1%.
Is Forum Markets' Return-on-Tangible-Asset too high?
Forum Markets' current Return-on-Tangible-Asset is -118.72%. Based on the distribution chart, Forum Markets ranks #2712 out of 2883 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Forum Markets has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Forum Markets' Return-on-Tangible-Asset compare to ILLR and RSSS?
According to the Software industry distribution chart, Forum Markets ranks #2712 out of 2883 companies for Return-on-Tangible-Asset. This places Forum Markets in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.02. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.02, based on 2,883 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 Forum Markets and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Markets's current Return-on-Tangible-Asset is -118.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Markets stock overvalued right now?
Forum Markets (FRMM) has a current Return-on-Tangible-Asset of -118.72%. The current Return-on-Tangible-Asset is -118.72%. Forum Markets' overall GF Score™ is 26/100 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 Forum Markets (FRMM), the current Return-on-Tangible-Asset is -118.72% 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.

Forum Markets Business Description

Address 2875 South Ocean Boulevard, Suite 200, Palm Beach, FL, USA, 33480
Forum Markets Inc is a financial technology company focused on developing infrastructure that supports the origination, financing, and distribution of RWAs through blockchain-enabled capital markets. The company's business approach is centered on integrating traditional financial asset markets with blockchain-based infrastructure to enable the tokenization of income-generating real-world assets such as consumer credit, equipment finance assets, and other contractual cash-flow streams. It utilizes blockchain infrastructure, including Ethereum and related Layer-2 scaling protocols, to support the issuance, management, and potential secondary trading of tokenized financial instruments.
26GF 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.

$6.02
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