Western Pacific Trust Co (TSXV:WP) Return-on-Tangible-Asset: 15.39% (As of Mar. 2026) — 85% Above Median

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.

TSXV:WP Western Pacific Trust Co TSXV:WP
58 GF Score
Price C$0.15
GF Value C$0.18
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Western Pacific Trust Co Return-on-Tangible-Asset?

Western Pacific Trust Co TSXV:WP 58 Return-on-Tangible-Asset is 15.39% as of Mar. 2026, which is 85% above its 10-year median of 8.34. GuruFocus rates TSXV:WP with a GF Score™ of 58/100 and a GF Value™ of C$0.18 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,638 Asset Management companies, Western Pacific Trust Co ranks better than 60.93% 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. Western Pacific Trust Co's annualized Net Income for the quarter that ended in Mar. 2026 was C$0.60 Mil. Western Pacific Trust Co's average total tangible assets for the quarter that ended in Mar. 2026 was C$3.92 Mil. Therefore, Western Pacific Trust Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.39%.

The historical rank and industry rank for Western Pacific Trust Co's Return-on-Tangible-Asset or its related term are showing as below:

TSXV:WP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.02   Med: 8.34   Max: 41.17
Current: 6.71

During the past 13 years, Western Pacific Trust Co's highest Return-on-Tangible-Asset was 41.17%. The lowest was -12.02%. And the median was 8.34%.

TSXV:WP's Return-on-Tangible-Asset is ranked better than
60.93% of 1638 companies
in the Asset Management industry
Industry Median: 4.3 vs TSXV:WP: 6.71

Western Pacific Trust Co  (TSXV:WP) 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.


Western Pacific Trust Co Return-on-Tangible-Asset Related Terms


Western Pacific Trust Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Western Pacific Trust Co'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.

Western Pacific Trust Co Return-on-Tangible-Asset Chart

Western Pacific Trust Co 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 41.17 20.13 11.11 10.57 6.11

Western Pacific Trust Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.61 3.67 3.76 4.08 15.39

TSXV:WP vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Western Pacific Trust Co'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.


Western Pacific Trust Co Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Pacific Trust Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Western Pacific Trust Co's Return-on-Tangible-Asset falls into.


TSXV:WP
58GF Score
Western Pacific Trust Co TSXV:WP
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Pacific Trust Co Return-on-Tangible-Asset Calculation

Western Pacific Trust Co'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 )
=0.236/( (3.861+3.864)/ 2 )
=0.236/3.8625
=6.11 %

Western Pacific Trust Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=0.604/( (3.864+3.983)/ 2 )
=0.604/3.9235
=15.39 %

* 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 15.39% mean?
Western Pacific Trust Co (TSXV:WP) has a Return-on-Tangible-Asset of 15.39% 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 Western Pacific Trust Co and its competitors. This is 85% above median its historical median of 8.34. According to the industry distribution chart, Western Pacific Trust Co ranks #640 out of 1638 companies in the Asset Management industry, placing it in the top 39.1%.
Is Western Pacific Trust Co's Return-on-Tangible-Asset too high?
Western Pacific Trust Co's current Return-on-Tangible-Asset of 15.39% is 85% above median its 10-year median of 8.34. The Asset Management industry median Return-on-Tangible-Asset is 4.30. Western Pacific Trust Co's value of 15.39% is 257.9% above this industry median. Based on the distribution chart, Western Pacific Trust Co ranks #640 out of 1638 companies in the Asset Management industry, which is above the industry midpoint. Overall, Western Pacific Trust Co has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Pacific Trust Co's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Western Pacific Trust Co ranks #640 out of 1638 companies for Return-on-Tangible-Asset. This puts Western Pacific Trust Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.30. Western Pacific Trust Co's value of 15.39% is 257.9% above this benchmark. While the company's 10-year median is 8.34 vs. the industry median of 4.30, Western Pacific Trust Co 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.30, based on 1,638 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. Western Pacific Trust Co's current Return-on-Tangible-Asset of 15.39% is 257.9% 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 Western Pacific Trust Co and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Pacific Trust Co's current Return-on-Tangible-Asset is 15.39%, which is 85% above median its own 10-year median of 8.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Pacific Trust Co stock overvalued right now?
Based on GuruFocus' analysis, Western Pacific Trust Co (TSXV:WP) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.18, compared to a current price of C$0.15 — trading 19.4% below its estimated fair value. The current Return-on-Tangible-Asset is 15.39%, which is 85% above median its 10-year median of 8.34 and 257.9% above the Asset Management industry median of 4.30. Western Pacific Trust Co's overall GF Score™ is 58/100 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 Western Pacific Trust Co (TSXV:WP), the current Return-on-Tangible-Asset is 15.39% 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 Western Pacific Trust Co (TSXV:WP) Overvalued in 2026?

Based on GuruFocus' analysis, Western Pacific Trust Co stock appears to be undervalued. The current stock price of C$0.15 is trading 19.4% below its estimated GF Value™ of C$0.18. GuruFocus considers Western Pacific Trust Co to be Modestly Undervalued.

Key valuation signals for TSXV:WP:

  • Return-on-Tangible-Asset: 15.39% (85% above median its 10-year median of 8.34)
  • GF Value™: C$0.18 vs. price of C$0.15 (19.4% below fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 257.9% above the Asset Management median (#640 of 1638)

No single metric tells the full story. See the TSXV:WP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Pacific Trust Co Business Description

Address 789 West Pender Street, Suite 920, Vancouver, BC, CAN, V6C 1H2
Western Pacific Trust Co is a non-deposit-taking independent trust company. The company acts as a Trustee for Self-Administered Registered Retirement Savings Plans (RRSP), which permit investors the tax-deferred benefits of a registered plan while maintaining control over their investment choices. It also offers self-administered Tax-Free Savings Accounts (TFSA), within which clients can earn tax-free investment income during their lifetime. The company operates in the financial services industry segment, and all operations are situated in Canada.
58GF Score

Get the complete analysis for TSXV:WP

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

C$0.15
Price
C$0.18
GF Value