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AltynEX Co JSCXKAZ:ATEC Return-on-Tangible-Asset is 42.06% as of Mar. 2026, which is 28% above its 10-year median of 32.86. The stock has 5 warning signs investors should review.
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. AltynEX Co JSC's annualizedNet Income for the quarter that ended in Mar. 2026 was ₸24,337 Mil. AltynEX Co JSC's average total tangible assets for the quarter that ended in Mar. 2026 was ₸57,859 Mil. Therefore, AltynEX Co JSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 42.06%.
The historical rank and industry rank for AltynEX Co JSC's Return-on-Tangible-Asset or its related term are showing as below:
XKAZ:ATEC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.55 Med: 32.86 Max: 41.53
Current: 38.89
During the past 11 years, AltynEX Co JSC's highest Return-on-Tangible-Asset was 41.53%. The lowest was 6.55%. And the median was 32.86%.
XKAZ:ATEC's Return-on-Tangible-Asset is not ranked
in the Metals & Mining industry.
Industry Median: -17.28
vs XKAZ:ATEC: 38.89
AltynEX Co JSC (XKAZ:ATEC) 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.
AltynEX Co JSC Return-on-Tangible-Asset Related Terms
AltynEX Co JSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AltynEX Co JSC'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.
XKAZ:ATEC vs RAEWF, GRMXD: Return-on-Tangible-Asset Comparison
For the Other Industrial Metals & Mining subindustry, AltynEX Co JSC'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.
AltynEX Co JSC Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, AltynEX Co JSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AltynEX Co JSC'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 42.06% mean?
AltynEX Co JSC (XKAZ:ATEC) has a Return-on-Tangible-Asset of 42.06% 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 AltynEX Co JSC and its competitors. This is 28% above median its historical median of 32.86. Over the past decade, AltynEX Co JSC's Return-on-Tangible-Asset has ranged from 6.55 to 41.53.
Is AltynEX Co JSC's Return-on-Tangible-Asset too high?
AltynEX Co JSC's current Return-on-Tangible-Asset of 42.06% is 28% above median its 10-year median of 32.86. Over the past 10 years, this metric has ranged from a low of 6.55 to a high of 41.53.
How does AltynEX Co JSC's Return-on-Tangible-Asset compare to RAEWF and GRMXD?
AltynEX Co JSC's Return-on-Tangible-Asset of 42.06% can be compared against companies in the Metals & Mining industry. Historically, AltynEX Co JSC's own Return-on-Tangible-Asset has ranged from 6.55 to 41.53 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 AltynEX Co JSC and its competitors. AltynEX Co JSC's current Return-on-Tangible-Asset is 42.06%, which is 28% above median its own 10-year median of 32.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltynEX Co JSC stock overvalued right now?
AltynEX Co JSC (XKAZ:ATEC) has a current Return-on-Tangible-Asset of 42.06%. The stock's GF Value™ is ₸376,474.01, compared to a current price of ₸338,871.70 — trading 10% below its estimated fair value. The current Return-on-Tangible-Asset is 42.06%, which is 28% above median its 10-year median of 32.86. 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 AltynEX Co JSC (XKAZ:ATEC), the current Return-on-Tangible-Asset is 42.06% 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.
AltynEX Co JSC is a Kazakhstan-based gold mining company. The company plans to commission a mining and metallurgical plant at the Yubileynoye deposit in the Aktobe region. The facility is expected to extract and process gold-bearing ore and produce gold-silver alloy.
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