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.
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.
Firm Capital Mortgage InvestmentTSX:FC 63 Return-on-Tangible-Asset is 5.97% as of Mar. 2026, which is 18% above its 10-year median of 5.05. GuruFocus rates TSX:FC with a GF Score™ of 63/100 and a GF Value™ of C$12.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,532 Banks companies, Firm Capital Mortgage Investment ranks better than 98.63% on this metric.
The historical rank and industry rank for Firm Capital Mortgage Investment's Return-on-Tangible-Asset or its related term are showing as below:
TSX:FC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.76 Med: 5.05 Max: 6.11
Current: 6.11
During the past 13 years, Firm Capital Mortgage Investment's highest Return-on-Tangible-Asset was 6.11%. The lowest was 4.76%. And the median was 5.05%.
TSX:FC's Return-on-Tangible-Asset is ranked better than 98.63% of 1532
companies
in the Banks industry
Industry Median: 0.99
vs TSX:FC: 6.11
Firm Capital Mortgage Investment (TSX:FC) 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.
Firm Capital Mortgage Investment Return-on-Tangible-Asset Related Terms
Firm Capital Mortgage Investment Return-on-Tangible-Asset Historical Data
* 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.
Firm Capital Mortgage Investment Return-on-Tangible-Asset Chart
TSX:FC vs RKT, FNMA, PFSI: Return-on-Tangible-Asset Comparison
For the Mortgage Finance subindustry, Firm Capital Mortgage Investment'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.
Firm Capital Mortgage Investment Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Firm Capital Mortgage Investment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Firm Capital Mortgage Investment'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 5.97% mean?
Firm Capital Mortgage Investment (TSX:FC) has a Return-on-Tangible-Asset of 5.97% 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 Firm Capital Mortgage Investment and its competitors. This is 18% above median its historical median of 5.05. Over the past decade, Firm Capital Mortgage Investment's Return-on-Tangible-Asset has ranged from 4.76 to 6.11. According to the industry distribution chart, Firm Capital Mortgage Investment ranks #21 out of 1532 companies in the Banks industry, placing it in the top 1.4%.
Is Firm Capital Mortgage Investment's Return-on-Tangible-Asset too high?
Firm Capital Mortgage Investment's current Return-on-Tangible-Asset of 5.97% is 18% above median its 10-year median of 5.05. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 6.11. The Banks industry median Return-on-Tangible-Asset is 0.99. Firm Capital Mortgage Investment's value of 5.97% is 503% above this industry median. Based on the distribution chart, Firm Capital Mortgage Investment ranks #21 out of 1532 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Firm Capital Mortgage Investment has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Firm Capital Mortgage Investment's Return-on-Tangible-Asset compare to RKT and FNMA?
According to the Banks industry distribution chart, Firm Capital Mortgage Investment ranks #21 out of 1532 companies for Return-on-Tangible-Asset. This places Firm Capital Mortgage Investment in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.99. Firm Capital Mortgage Investment's value of 5.97% is 503% above this benchmark. Historically, Firm Capital Mortgage Investment's own Return-on-Tangible-Asset has ranged from 4.76 to 6.11 over the past decade. While the company's 10-year median is 5.05 vs. the industry median of 0.99, Firm Capital Mortgage Investment 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,532 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. Firm Capital Mortgage Investment's current Return-on-Tangible-Asset of 5.97% is 503% 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 Firm Capital Mortgage Investment and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firm Capital Mortgage Investment's current Return-on-Tangible-Asset is 5.97%, which is 18% above median its own 10-year median of 5.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firm Capital Mortgage Investment stock overvalued right now?
Based on GuruFocus' analysis, Firm Capital Mortgage Investment (TSX:FC) is currently considered Fairly Valued. The stock's GF Value™ is C$12.50, compared to a current price of C$12.16 — trading 2.7% below its estimated fair value. The current Return-on-Tangible-Asset is 5.97%, which is 18% above median its 10-year median of 5.05 and 503% above the Banks industry median of 0.99. Firm Capital Mortgage Investment's overall GF Score™ is 63/100 with 4 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 Firm Capital Mortgage Investment (TSX:FC), the current Return-on-Tangible-Asset is 5.97% 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 Firm Capital Mortgage Investment (TSX:FC) Overvalued in 2026?
Based on GuruFocus' analysis, Firm Capital Mortgage Investment stock appears to be undervalued.
The current stock price of C$12.16 is trading 2.7% below its estimated GF Value™ of C$12.50.
GuruFocus considers Firm Capital Mortgage Investment to be Fairly Valued.
Key valuation signals for TSX:FC:
Return-on-Tangible-Asset: 5.97% (18% above median its 10-year median of 5.05)
GF Value™: C$12.50 vs. price of C$12.16 (2.7% below fair value)
Industry Position: 503% above the Banks median (#21 of 1532)
No single metric tells the full story. See the TSX:FC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firm Capital Mortgage Investment Business Description
Firm Capital Mortgage Investment Corp is a Canadian financial provider. It acts as a non-bank lender providing residential and commercial short-term bridge and conventional real estate financing, including construction, mezzanine, and equity investments. The company provides construction, equity, and conventional real estate finance for residential houses, small multi-family residential properties, mixed-use residential, and others to the builder, developer, and real estate owner marketplace, along with a high level of personal service to real estate investors. Also, it provides loan servicing, asset management, and related investment services. The company's revenue comprises Interest and fee income and commission fees arising from Canada and the United States.
63GF Score
Get the complete analysis for TSX:FC
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
TSX:FC has been successfully added to your 
