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SIR Royaltyome FundSIRZF 51 Return-on-Tangible-Asset is 6.00% as of Mar. 2026, which is 41% below its 10-year median of 10.17. GuruFocus rates SIRZF with a GF Score™ of 51/100 and a GF Value™ of $7.55 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 362 Restaurants companies, SIR Royaltyome Fund ranks better than 82.32% 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. SIR Royaltyome Fund's annualizedNet Income for the quarter that ended in Mar. 2026 was $3.97 Mil. SIR Royaltyome Fund's average total tangible assets for the quarter that ended in Mar. 2026 was $66.16 Mil. Therefore, SIR Royaltyome Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.00%.
The historical rank and industry rank for SIR Royaltyome Fund's Return-on-Tangible-Asset or its related term are showing as below:
SIRZF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -61.62 Med: 10.17 Max: 66.93
Current: 9.54
During the past 13 years, SIR Royaltyome Fund's highest Return-on-Tangible-Asset was 66.93%. The lowest was -61.62%. And the median was 10.17%.
SIRZF's Return-on-Tangible-Asset is ranked better than 82.32% of 362
companies
in the Restaurants industry
Industry Median: 2.36
vs SIRZF: 9.54
SIR Royaltyome Fund (OTCPK:SIRZF) 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.
SIR Royaltyome Fund Return-on-Tangible-Asset Related Terms
SIR Royaltyome Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SIR Royaltyome Fund'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.
SIR Royaltyome Fund Return-on-Tangible-Asset Chart
SIRZF vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, SIR Royaltyome Fund'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.
SIR Royaltyome Fund Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, SIR Royaltyome Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SIR Royaltyome Fund'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 6.00% mean?
SIR Royaltyome Fund (SIRZF) has a Return-on-Tangible-Asset of 6.00% 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 SIR Royaltyome Fund and its competitors. This is 41% below median its historical median of 10.17. According to the industry distribution chart, SIR Royaltyome Fund ranks #64 out of 362 companies in the Restaurants industry, placing it in the top 17.7%.
Is SIR Royaltyome Fund's Return-on-Tangible-Asset too high?
SIR Royaltyome Fund's current Return-on-Tangible-Asset of 6.00% is 41% below median its 10-year median of 10.17. The Restaurants industry median Return-on-Tangible-Asset is 2.36. SIR Royaltyome Fund's value of 6.00% is 154.2% above this industry median. Based on the distribution chart, SIR Royaltyome Fund ranks #64 out of 362 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, SIR Royaltyome Fund has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SIR Royaltyome Fund's Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, SIR Royaltyome Fund ranks #64 out of 362 companies for Return-on-Tangible-Asset. This places SIR Royaltyome Fund in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.36. SIR Royaltyome Fund's value of 6.00% is 154.2% above this benchmark. While the company's 10-year median is 10.17 vs. the industry median of 2.36, SIR Royaltyome Fund 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 a Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.36, based on 362 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. SIR Royaltyome Fund's current Return-on-Tangible-Asset of 6.00% is 154.2% 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 SIR Royaltyome Fund and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SIR Royaltyome Fund's current Return-on-Tangible-Asset is 6.00%, which is 41% below median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIR Royaltyome Fund stock overvalued right now?
Based on GuruFocus' analysis, SIR Royaltyome Fund (SIRZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.55, compared to a current price of $10.89 — trading 44.2% above its estimated fair value. The current Return-on-Tangible-Asset is 6.00%, which is 41% below median its 10-year median of 10.17 and 154.2% above the Restaurants industry median of 2.36. SIR Royaltyome Fund's overall GF Score™ is 51/100 with 6 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 SIR Royaltyome Fund (SIRZF), the current Return-on-Tangible-Asset is 6.00% 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 SIR Royaltyome Fund (SIRZF) Overvalued in 2026?
Based on GuruFocus' analysis, SIR Royaltyome Fund stock appears to be overvalued.
The current stock price of $10.89 is trading 44.2% above its estimated GF Value™ of $7.55.
GuruFocus considers SIR Royaltyome Fund to be Significantly Overvalued.
Key valuation signals for SIRZF:
Return-on-Tangible-Asset: 6.00% (41% below median its 10-year median of 10.17)
GF Value™: $7.55 vs. price of $10.89 (44.2% above fair value)
Industry Position: 154.2% above the Restaurants median (#64 of 362)
No single metric tells the full story. See the SIRZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SIR Royalty Income Fund holds an investment in SIR (Service Inspired Restaurant) Corp, which is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar, and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnerships.
51GF Score
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