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.
The historical rank and industry rank for Agricultural Development Bank's Return-on-Tangible-Asset or its related term are showing as below:
XGHA:ADB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.93 Med: 0.33 Max: 2.4
Current: 2.4
During the past 11 years, Agricultural Development Bank's highest Return-on-Tangible-Asset was 2.40%. The lowest was -9.93%. And the median was 0.33%.
XGHA:ADB's Return-on-Tangible-Asset is ranked better than 92.08% of 1527
companies
in the Banks industry
Industry Median: 0.99
vs XGHA:ADB: 2.40
Agricultural Development Bank (XGHA:ADB) 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.
Agricultural Development Bank Return-on-Tangible-Asset Related Terms
Agricultural Development Bank 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.
Agricultural Development Bank Return-on-Tangible-Asset Chart
XGHA:ADB vs PNC: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Agricultural Development Bank'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.
Agricultural Development Bank Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Agricultural Development Bank's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Agricultural Development Bank'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 2.18% mean?
Agricultural Development Bank (XGHA:ADB) has a Return-on-Tangible-Asset of 2.18% 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 Agricultural Development Bank and its competitors. This is 561% above median its historical median of 0.33. According to the industry distribution chart, Agricultural Development Bank ranks #121 out of 1527 companies in the Banks industry, placing it in the top 7.9%.
Is Agricultural Development Bank's Return-on-Tangible-Asset too high?
Agricultural Development Bank's current Return-on-Tangible-Asset of 2.18% is 561% above median its 10-year median of 0.33. The Banks industry median Return-on-Tangible-Asset is 0.99. Agricultural Development Bank's value of 2.18% is 120.2% above this industry median. Based on the distribution chart, Agricultural Development Bank ranks #121 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Agricultural Development Bank has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Agricultural Development Bank's Return-on-Tangible-Asset compare to PNC?
According to the Banks industry distribution chart, Agricultural Development Bank ranks #121 out of 1527 companies for Return-on-Tangible-Asset. This places Agricultural Development Bank in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.99. Agricultural Development Bank's value of 2.18% is 120.2% above this benchmark. While the company's 10-year median is 0.33 vs. the industry median of 0.99, Agricultural Development Bank 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 1,527 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. Agricultural Development Bank's current Return-on-Tangible-Asset of 2.18% is 120.2% 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 Agricultural Development Bank 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. Agricultural Development Bank's current Return-on-Tangible-Asset is 2.18%, which is 561% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agricultural Development Bank stock overvalued right now?
Agricultural Development Bank (XGHA:ADB) has a current Return-on-Tangible-Asset of 2.18%. The stock's GF Value™ is GHS4.01, compared to a current price of GHS5.30 — trading 32.2% above its estimated fair value. The current Return-on-Tangible-Asset is 2.18%, which is 561% above median its 10-year median of 0.33 and 120.2% above the Banks industry median of 0.99. Agricultural Development Bank's overall GF Score™ is 24/100 with 5 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 Agricultural Development Bank (XGHA:ADB), the current Return-on-Tangible-Asset is 2.18% 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 Agricultural Development Bank (XGHA:ADB) Overvalued in 2026?
Based on GuruFocus' analysis, Agricultural Development Bank stock appears to be overvalued.
The current stock price of GHS5.30 is trading 32.2% above its estimated GF Value™ of GHS4.01.
Key valuation signals for XGHA:ADB:
Return-on-Tangible-Asset: 2.18% (561% above median its 10-year median of 0.33)
GF Value™: GHS4.01 vs. price of GHS5.30 (32.2% above fair value)
Industry Position: 120.2% above the Banks median (#121 of 1527)
No single metric tells the full story. See the XGHA:ADB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agricultural Development Bank Business Description
Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services in Consumer, Corporate, Parastatals/Public Sector, SME, Agribusiness, Trade and E-Banking services. Its business focus is universal banking with a developmental focus on Agriculture and more. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasury. The majority of revenue is derived from the Retail Banking segment, which focuses on high-volume, standardized financial products and services such as loans and advances, deposits and other transactions with retail customers. Geographically, all revenues are generated in Ghana.
24GF Score
Get the complete analysis for XGHA:ADB
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
XGHA:ADB has been successfully added to your 
