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GremsGRMZF +63.19%98 Return-on-Tangible-Asset is 13.45% as of Mar. 2026, which is 17% below its 10-year median of 16.23. GuruFocus rates GRMZF with a GF Score™ of 98/100 and a GF Value™ of $18.74. The stock has 2 warning signs investors should review. Among 510 Utilities - Regulated companies, Grems ranks better than 96.86% 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. Grems's annualizedNet Income for the quarter that ended in Mar. 2026 was $23.9 Mil. Grems's average total tangible assets for the quarter that ended in Mar. 2026 was $177.9 Mil. Therefore, Grems's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 13.45%.
The historical rank and industry rank for Grems's Return-on-Tangible-Asset or its related term are showing as below:
GRMZF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.96 Med: 16.23 Max: 19.29
Current: 18.42
During the past 13 years, Grems's highest Return-on-Tangible-Asset was 19.29%. The lowest was 9.96%. And the median was 16.23%.
GRMZF's Return-on-Tangible-Asset is ranked better than 96.86% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.305
vs GRMZF: 18.42
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.
Grems Return-on-Tangible-Asset Related Terms
Grems Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Grems'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.
GRMZF vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Grems'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.
Grems Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Grems's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Grems'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 13.45% mean?
Grems (GRMZF) has a Return-on-Tangible-Asset of 13.45% 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 Grems and its competitors. This is 17% below median its historical median of 16.23. Over the past decade, Grems' Return-on-Tangible-Asset has ranged from 9.96 to 19.29. According to the industry distribution chart, Grems ranks #16 out of 510 companies in the Utilities - Regulated industry, placing it in the top 3.1%.
Is Grems' Return-on-Tangible-Asset too high?
Grems' current Return-on-Tangible-Asset of 13.45% is 17% below median its 10-year median of 16.23. Over the past 10 years, this metric has ranged from a low of 9.96 to a high of 19.29. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. Grems' value of 13.45% is 307% above this industry median. Based on the distribution chart, Grems ranks #16 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Grems has a GF Score™ of 98/100, reflecting its overall financial health beyond just this single metric.
How does Grems' Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Grems ranks #16 out of 510 companies for Return-on-Tangible-Asset. This places Grems in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Grems' value of 13.45% is 307% above this benchmark. Historically, Grems' own Return-on-Tangible-Asset has ranged from 9.96 to 19.29 over the past decade. While the company's 10-year median is 16.23 vs. the industry median of 3.31, Grems has consistently been above the industry average. 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 510 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. Grems's current Return-on-Tangible-Asset of 13.45% is 307% above the industry median. 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 Grems and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grems's current Return-on-Tangible-Asset is 13.45%, which is 17% below median its own 10-year median of 16.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grems stock overvalued right now?
Grems (GRMZF) has a current Return-on-Tangible-Asset of 13.45%. The stock's GF Value™ is $18.74, compared to a current price of $18.44 — trading 1.6% below its estimated fair value. The current Return-on-Tangible-Asset is 13.45%, which is 17% below median its 10-year median of 16.23 and 307% above the Utilities - Regulated industry median of 3.31. Grems' overall GF Score™ is 98/100 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 Grems (GRMZF), the current Return-on-Tangible-Asset is 13.45% 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 Grems (GRMZF) Overvalued in 2026?
Based on GuruFocus' analysis, Grems stock appears to be undervalued.
The current stock price of $18.44 is trading 1.6% below its estimated GF Value™ of $18.74.
Key valuation signals for GRMZF:
Return-on-Tangible-Asset: 13.45% (17% below median its 10-year median of 16.23)
GF Value™: $18.74 vs. price of $18.44 (1.6% below fair value)
Industry Position: 307% above the Utilities - Regulated median (#16 of 510)
No single metric tells the full story. See the GRMZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grems Inc is engaged in providing consulting services to help businesses reduce their electric power consumption through its subsidiary. Its segments are Energy Cost Solutions Business; Smart House Project Business; and Retail Electricity Business, which derives maximum revenue.
98GF Score
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