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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.
Origin MaterialsORGN 35 Return-on-Tangible-Asset is -48.24% as of Mar. 2026. GuruFocus rates ORGN with a GF Score™ of 35/100 and a GF Value™ of $10.56 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,612 Chemicals companies, Origin Materials ranks worse than 98.76% 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. Origin Materials's annualizedNet Income for the quarter that ended in Mar. 2026 was $-70.60 Mil. Origin Materials's average total tangible assets for the quarter that ended in Mar. 2026 was $146.34 Mil. Therefore, Origin Materials's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -48.24%.
The historical rank and industry rank for Origin Materials's Return-on-Tangible-Asset or its related term are showing as below:
ORGN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -93.24 Med: -7.48 Max: 15.66
Current: -91.45
During the past 6 years, Origin Materials's highest Return-on-Tangible-Asset was 15.66%. The lowest was -93.24%. And the median was -7.48%.
ORGN's Return-on-Tangible-Asset is ranked worse than 98.76% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs ORGN: -91.45
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.
Origin Materials Return-on-Tangible-Asset Related Terms
Origin Materials Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Origin Materials'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.
ORGN vs GURE, DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Origin Materials'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.
Origin Materials Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Origin Materials's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Origin Materials'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 -48.24% mean?
Origin Materials (ORGN) has a Return-on-Tangible-Asset of -48.24% 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 Origin Materials and its competitors. According to the industry distribution chart, Origin Materials ranks #1592 out of 1612 companies in the Chemicals industry, placing it in the top 98.8%.
Is Origin Materials' Return-on-Tangible-Asset too high?
Origin Materials' current Return-on-Tangible-Asset is -48.24%. Based on the distribution chart, Origin Materials ranks #1592 out of 1612 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Origin Materials has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Origin Materials' Return-on-Tangible-Asset compare to GURE and DOW?
According to the Chemicals industry distribution chart, Origin Materials ranks #1592 out of 1612 companies for Return-on-Tangible-Asset. This places Origin Materials in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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 Origin Materials and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Origin Materials's current Return-on-Tangible-Asset is -48.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Origin Materials stock overvalued right now?
Based on GuruFocus' analysis, Origin Materials (ORGN) is currently considered Possible Value Trap. The stock's GF Value™ is $10.56, compared to a current price of $0.95 — trading 91% below its estimated fair value. The current Return-on-Tangible-Asset is -48.24%. Origin Materials' overall GF Score™ is 35/100 with 5 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 Origin Materials (ORGN), the current Return-on-Tangible-Asset is -48.24% 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 Origin Materials (ORGN) Overvalued in 2026?
Based on GuruFocus' analysis, Origin Materials stock appears to be undervalued.
The current stock price of $0.95 is trading 91% below its estimated GF Value™ of $10.56.
GuruFocus considers Origin Materials to be Possible Value Trap.
Key valuation signals for ORGN:
Return-on-Tangible-Asset: -48.24%
GF Value™: $10.56 vs. price of $0.95 (91% below fair value)
No single metric tells the full story. See the ORGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Origin Materials Inc is a technology company with a mission to enable the world's transition to sustainable materials. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process. Its products include PET circular caps and closures, Para-xylene, carbon black, Levulinic acid, among others, by using materials like food and beverage packaging, clothing, textiles, plastics, car parts, carpeting, tires, adhesives, soil amendments, and fuels.
35GF Score
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