Ready CapitalRC -7.26%26 Return-on-Tangible-Asset is -11.81% as of Mar. 2026. GuruFocus rates RC with a GF Score™ of 26/100 and a GF Value™ of $0.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 940 REITs companies, Ready Capital ranks worse than 93.4% 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. Ready Capital's annualizedNet Income for the quarter that ended in Mar. 2026 was $-806.92 Mil. Ready Capital's average total tangible assets for the quarter that ended in Mar. 2026 was $6,829.76 Mil. Therefore, Ready Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -11.81%.
The historical rank and industry rank for Ready Capital's Return-on-Tangible-Asset or its related term are showing as below:
RC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.28 Med: 1.88 Max: 2.86
Current: -6.28
During the past 13 years, Ready Capital's highest Return-on-Tangible-Asset was 2.86%. The lowest was -6.28%. And the median was 1.88%.
RC's Return-on-Tangible-Asset is ranked worse than 93.4% of 940
companies
in the REITs industry
Industry Median: 3.235
vs RC: -6.28
Ready Capital (NYSE:RC) 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.
Ready Capital Return-on-Tangible-Asset Related Terms
Ready Capital Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ready Capital'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.
RC vs NREF, MITT, CMTG: Return-on-Tangible-Asset Comparison
For the REIT - Mortgage subindustry, Ready Capital'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.
Ready Capital Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Ready Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ready Capital'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 -11.81% mean?
Ready Capital (RC) has a Return-on-Tangible-Asset of -11.81% 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 Ready Capital and its competitors. According to the industry distribution chart, Ready Capital ranks #878 out of 940 companies in the REITs industry, placing it in the top 93.4%.
Is Ready Capital's Return-on-Tangible-Asset too high?
Ready Capital's current Return-on-Tangible-Asset is -11.81%. Based on the distribution chart, Ready Capital ranks #878 out of 940 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ready Capital has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ready Capital's Return-on-Tangible-Asset compare to NREF and MITT?
According to the REITs industry distribution chart, Ready Capital ranks #878 out of 940 companies for Return-on-Tangible-Asset. This places Ready Capital in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.24, based on 940 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 Ready Capital and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ready Capital's current Return-on-Tangible-Asset is -11.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ready Capital stock overvalued right now?
Based on GuruFocus' analysis, Ready Capital (RC) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.65, compared to a current price of $1.66 — trading 155.4% above its estimated fair value. The current Return-on-Tangible-Asset is -11.81%. Ready Capital's 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 Ready Capital (RC), the current Return-on-Tangible-Asset is -11.81% 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 Ready Capital (RC) Overvalued in 2026?
Based on GuruFocus' analysis, Ready Capital stock appears to be overvalued.
The current stock price of $1.66 is trading 155.4% above its estimated GF Value™ of $0.65.
GuruFocus considers Ready Capital to be Significantly Overvalued.
Key valuation signals for RC:
Return-on-Tangible-Asset: -11.81%
GF Value™: $0.65 vs. price of $1.66 (155.4% above fair value)
No single metric tells the full story. See the RC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ready Capital Corp is a real estate finance company that originates, acquires, finances, and services LMM loans, SBA loans, construction loans, USDA loans and, to a lesser extent, MBS collateralized mainly by LMM loans or other real estate-related investments. Its loans are used by businesses to purchase real estate used in their operations or by investors seeking to acquire multi-family, office, retail, mixed use or warehouse properties. It operates through two segments: LMM Commercial Real Estate, which originates LMM loans across the life-cycle of an LMM property including construction, bridge, stabilized and agency loan channels, and Small Business Lending, which acquires, originates and services owner-occupied loans guaranteed by the SBA and also originates and services USDA loans.
26GF Score
Get the complete analysis for RC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RC has been successfully added to your 
