SDEV (Stablecoin Development) Return-on-Tangible-Asset: -1,176.41% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SDEV Stablecoin Development Corp SDEV
28 GF Score
Price $1.15
! 1 Warning Sign
View Full Analysis

What is Stablecoin Development Return-on-Tangible-Asset?

Stablecoin Development SDEV -2.54% 28 Return-on-Tangible-Asset is -1,176.41% as of Jun. 2026. GuruFocus rates SDEV with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 1,637 Asset Management companies, Stablecoin Development ranks worse than 100% 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. Stablecoin Development's annualized Net Income for the quarter that ended in Jun. 2026 was $-164.28 Mil. Stablecoin Development's average total tangible assets for the quarter that ended in Jun. 2026 was $13.96 Mil. Therefore, Stablecoin Development's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -1,176.41%.

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

SDEV' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10126.51   Med: -84   Max: -39.5
Current: -1321.68

During the past 13 years, Stablecoin Development's highest Return-on-Tangible-Asset was -39.50%. The lowest was -10126.51%. And the median was -84.00%.

SDEV's Return-on-Tangible-Asset is ranked worse than
100% of 1637 companies
in the Asset Management industry
Industry Median: 4.33 vs SDEV: -1321.68

Stablecoin Development  (AMEX:SDEV) 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.


Stablecoin Development Return-on-Tangible-Asset Related Terms


Stablecoin Development Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Stablecoin Development'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.

Stablecoin Development Return-on-Tangible-Asset Chart

Stablecoin Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.50 -75.71 -84.54 -115.97 -10,126.51

Stablecoin Development Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -91.62 -99.48 -40,583.61 15,402.29 -1,176.41

SDEV vs RAND, TRLC, HERZ: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Stablecoin Development'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.


Stablecoin Development Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Stablecoin Development's Return-on-Tangible-Asset distribution charts can be found below:

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


SDEV
28GF Score
Stablecoin Development Corp SDEV
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stablecoin Development Return-on-Tangible-Asset Calculation

Stablecoin Development'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 )
=-630.78/( (3.423+9.035)/ 2 )
=-630.78/6.229
=-10,126.51 %

Stablecoin Development's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=-164.28/( (19.657+8.272)/ 2 )
=-164.28/13.9645
=-1,176.41 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of -1,176.41% mean?
Stablecoin Development (SDEV) has a Return-on-Tangible-Asset of -1,176.41% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Stablecoin Development and its competitors. According to the industry distribution chart, Stablecoin Development ranks #1637 out of 1637 companies in the Asset Management industry.
Is Stablecoin Development's Return-on-Tangible-Asset too high?
Stablecoin Development's current Return-on-Tangible-Asset is -1,176.41%. Based on the distribution chart, Stablecoin Development ranks #1637 out of 1637 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Stablecoin Development has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Stablecoin Development's Return-on-Tangible-Asset compare to RAND and TRLC?
According to the Asset Management industry distribution chart, Stablecoin Development ranks #1637 out of 1637 companies for Return-on-Tangible-Asset. This places Stablecoin Development in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.33. 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.33, based on 1,637 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 Stablecoin Development and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stablecoin Development's current Return-on-Tangible-Asset is -1,176.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stablecoin Development stock overvalued right now?
Stablecoin Development (SDEV) has a current Return-on-Tangible-Asset of -1,176.41%. The current Return-on-Tangible-Asset is -1,176.41%. Stablecoin Development's overall GF Score™ is 28/100 with 1 warning sign 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 Stablecoin Development (SDEV), the current Return-on-Tangible-Asset is -1,176.41% as of Jun. 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.

Stablecoin Development Business Description

Address 2000 Powell Street, Suite 1150, Emeryville, CA, USA, 94608
Stablecoin Development Corp is an on-chain holding company focused on long-duration participation in protocol-aligned digital asset ecosystems. The Company's initial digital asset focus is the Sky protocol ecosystem, with SKY as its core holding. Through staking and other on-chain activities, the Company seeks to generate protocol-level economic returns while maintaining rigorous governance and risk management oversight.
28GF Score

Get the complete analysis for SDEV

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.15
Price