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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. Good Times Restaurants's annualizedNet Income for the quarter that ended in Mar. 2026 was $0.6 Mil. Good Times Restaurants's average total tangible assets for the quarter that ended in Mar. 2026 was $72.2 Mil. Therefore, Good Times Restaurants's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.83%.
The historical rank and industry rank for Good Times Restaurants's Return-on-Tangible-Asset or its related term are showing as below:
GTIM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -21.18 Med: -2.96 Max: 19.16
Current: 2.44
During the past 13 years, Good Times Restaurants's highest Return-on-Tangible-Asset was 19.16%. The lowest was -21.18%. And the median was -2.96%.
GTIM's Return-on-Tangible-Asset is ranked better than 50.14% of 363
companies
in the Restaurants industry
Industry Median: 2.41
vs GTIM: 2.44
Good Times Restaurants (NAS:GTIM) 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.
Good Times Restaurants Return-on-Tangible-Asset Related Terms
Good Times Restaurants Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Good Times Restaurants'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.
Good Times Restaurants Return-on-Tangible-Asset Chart
GTIM vs NROM, PETZ, CCHH: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, Good Times Restaurants'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.
Good Times Restaurants Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Good Times Restaurants's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Good Times Restaurants'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 0.83% mean?
Good Times Restaurants (GTIM) has a Return-on-Tangible-Asset of 0.83% 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 Good Times Restaurants and its competitors. According to the industry distribution chart, Good Times Restaurants ranks #181 out of 363 companies in the Restaurants industry, placing it in the top 49.9%.
Is Good Times Restaurants' Return-on-Tangible-Asset too high?
Good Times Restaurants' current Return-on-Tangible-Asset is 0.83%. The Restaurants industry median Return-on-Tangible-Asset is 2.41. Good Times Restaurants' value of 0.83% is 65.6% below this industry median. Based on the distribution chart, Good Times Restaurants ranks #181 out of 363 companies in the Restaurants industry, which is above the industry midpoint. Overall, Good Times Restaurants has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Good Times Restaurants' Return-on-Tangible-Asset compare to NROM and PETZ?
According to the Restaurants industry distribution chart, Good Times Restaurants ranks #181 out of 363 companies for Return-on-Tangible-Asset. This puts Good Times Restaurants in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Good Times Restaurants' value of 0.83% is 65.6% below this benchmark. 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.41, based on 363 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. Good Times Restaurants's current Return-on-Tangible-Asset of 0.83% is 65.6% below 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 Good Times Restaurants and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Times Restaurants's current Return-on-Tangible-Asset is 0.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Times Restaurants stock overvalued right now?
Based on GuruFocus' analysis, Good Times Restaurants (GTIM) is currently considered Possible Value Trap. The stock's GF Value™ is $2.66, compared to a current price of $1.41 — trading 47% below its estimated fair value. The current Return-on-Tangible-Asset is 0.83% and 65.6% below the Restaurants industry median of 2.41. Good Times Restaurants' overall GF Score™ is 50/100 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 Good Times Restaurants (GTIM), the current Return-on-Tangible-Asset is 0.83% 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 Good Times Restaurants (GTIM) Overvalued in 2026?
Based on GuruFocus' analysis, Good Times Restaurants stock appears to be undervalued.
The current stock price of $1.41 is trading 47% below its estimated GF Value™ of $2.66.
GuruFocus considers Good Times Restaurants to be Possible Value Trap.
Key valuation signals for GTIM:
Return-on-Tangible-Asset: 0.83%
GF Value™: $2.66 vs. price of $1.41 (47% below fair value)
Industry Position: 65.6% below the Restaurants median (#181 of 363)
No single metric tells the full story. See the GTIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants, which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants, which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers, chicken, frozen custard; slides and drinks.
50GF Score
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