TGIFF (1933 Industries) Return-on-Tangible-Asset: 9.80% (As of Apr. 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.

What is 1933 Industries Return-on-Tangible-Asset?

1933 Industries TGIFF -10.87% Return-on-Tangible-Asset is 9.80% as of Apr. 2026. The stock has 2 warning signs investors should review. Among 1,007 Drug Manufacturers companies, 1933 Industries ranks worse than 51.34% 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. 1933 Industries's annualized Net Income for the quarter that ended in Apr. 2026 was $1.10 Mil. 1933 Industries's average total tangible assets for the quarter that ended in Apr. 2026 was $11.27 Mil. Therefore, 1933 Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 9.80%.

The historical rank and industry rank for 1933 Industries's Return-on-Tangible-Asset or its related term are showing as below:

TGIFF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27222.22   Med: -57.41   Max: 2.91
Current: 2.91

During the past 13 years, 1933 Industries's highest Return-on-Tangible-Asset was 2.91%. The lowest was -27222.22%. And the median was -57.41%.

TGIFF's Return-on-Tangible-Asset is ranked worse than
51.34% of 1007 companies
in the Drug Manufacturers industry
Industry Median: 3.16 vs TGIFF: 2.91

1933 Industries  (OTCPK:TGIFF) 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.


1933 Industries Return-on-Tangible-Asset Related Terms


1933 Industries Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for 1933 Industries'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.

1933 Industries Return-on-Tangible-Asset Chart

1933 Industries Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.47 -64.39 -62.07 -6.42 -1.29

1933 Industries Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 9.29 7.66 3.32 -9.32 9.80

TGIFF vs ZTS, UTHR: Return-on-Tangible-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, 1933 Industries'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.


1933 Industries Return-on-Tangible-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, 1933 Industries's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where 1933 Industries's Return-on-Tangible-Asset falls into.



1933 Industries Return-on-Tangible-Asset Calculation

1933 Industries's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=-0.158/( (12.3+12.27)/ 2 )
=-0.158/12.285
=-1.29 %

1933 Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=1.104/( (11.242+11.293)/ 2 )
=1.104/11.2675
=9.80 %

* 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 (Apr. 2026) net income data.

What does a Return-on-Tangible-Asset of 9.80% mean?
1933 Industries (TGIFF) has a Return-on-Tangible-Asset of 9.80% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on 1933 Industries and its competitors. According to the industry distribution chart, 1933 Industries ranks #517 out of 1007 companies in the Drug Manufacturers industry, placing it in the top 51.3%.
Is 1933 Industries' Return-on-Tangible-Asset too high?
1933 Industries' current Return-on-Tangible-Asset is 9.80%. The Drug Manufacturers industry median Return-on-Tangible-Asset is 3.16. 1933 Industries' value of 9.80% is 210.1% above this industry median. Based on the distribution chart, 1933 Industries ranks #517 out of 1007 companies in the Drug Manufacturers industry, which is below the industry midpoint.
How does 1933 Industries' Return-on-Tangible-Asset compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, 1933 Industries ranks #517 out of 1007 companies for Return-on-Tangible-Asset. This places 1933 Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.16. 1933 Industries' value of 9.80% is 210.1% above 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.16, based on 1,007 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. 1933 Industries's current Return-on-Tangible-Asset of 9.80% is 210.1% 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 1933 Industries and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 1933 Industries's current Return-on-Tangible-Asset is 9.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 1933 Industries stock overvalued right now?
Based on GuruFocus' analysis, 1933 Industries (TGIFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.00 — trading 59% below its estimated fair value. The current Return-on-Tangible-Asset is 9.80% and 210.1% above the Drug Manufacturers industry median of 3.16. 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 1933 Industries (TGIFF), the current Return-on-Tangible-Asset is 9.80% as of Apr. 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.

1933 Industries Business Description

Other Exchanges TGIF:Canada
Address 1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
1933 Industries Inc is a vertically integrated cannabis company. The company is focused on the cultivation and manufacturing of cannabis consumer-branded goods. The Company operates in three segments, referred to as AMA, Infused MFG, and Corporate. AMA is focused on the cultivation and sale of medical and adult-use cannabis products, and Infused MFG is focused on the manufacturing of hemp-derived CBD products. The majority of revenue is generated from the AMA segment. The operations of AMA and Infused MFG are located in the United States. All revenues are earned in the United States.