Armada MercantileAAMTF 31 Return-on-Tangible-Equity is -1.75% as of Nov. 2025. GuruFocus rates AAMTF with a GF Score™ of 31/100 and a GF Value™ of $0.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 783 Capital Markets companies, Armada Mercantile ranks worse than 98.34% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Armada Mercantile's annualized net income for the quarter that ended in Nov. 2025 was $-0.02 Mil. Armada Mercantile's average shareholder tangible equity for the quarter that ended in Nov. 2025 was $1.14 Mil. Therefore, Armada Mercantile's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was -1.75%.
The historical rank and industry rank for Armada Mercantile's Return-on-Tangible-Equity or its related term are showing as below:
AAMTF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -412.31 Med: -5.02 Max: 205.04
Current: -200.94
During the past 13 years, Armada Mercantile's highest Return-on-Tangible-Equity was 205.04%. The lowest was -412.31%. And the median was -5.02%.
AAMTF's Return-on-Tangible-Equity is ranked worse than 98.34% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs AAMTF: -200.94
Armada Mercantile (OTCPK:AAMTF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Armada Mercantile Return-on-Tangible-Equity Related Terms
Armada Mercantile Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Armada Mercantile's Return-on-Tangible-Equity 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.
AAMTF vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Armada Mercantile's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Armada Mercantile Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Armada Mercantile's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Armada Mercantile's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -1.75% mean?
Armada Mercantile (AAMTF) has a Return-on-Tangible-Equity of -1.75% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Armada Mercantile and its competitors. According to the industry distribution chart, Armada Mercantile ranks #770 out of 783 companies in the Capital Markets industry, placing it in the top 98.3%.
Is Armada Mercantile's Return-on-Tangible-Equity too high?
Armada Mercantile's current Return-on-Tangible-Equity is -1.75%. Based on the distribution chart, Armada Mercantile ranks #770 out of 783 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Armada Mercantile has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armada Mercantile's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Armada Mercantile ranks #770 out of 783 companies for Return-on-Tangible-Equity. This places Armada Mercantile in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.45. 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-Equity for a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Armada Mercantile and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armada Mercantile's current Return-on-Tangible-Equity is -1.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armada Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Armada Mercantile (AAMTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.23, compared to a current price of $0.25 — trading 8.7% above its estimated fair value. The current Return-on-Tangible-Equity is -1.75%. Armada Mercantile's overall GF Score™ is 31/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Armada Mercantile (AAMTF), the current Return-on-Tangible-Equity is -1.75% as of Nov. 2025. 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 Armada Mercantile (AAMTF) Overvalued in 2026?
Based on GuruFocus' analysis, Armada Mercantile stock appears to be overvalued.
The current stock price of $0.25 is trading 8.7% above its estimated GF Value™ of $0.23.
GuruFocus considers Armada Mercantile to be Significantly Overvalued.
Key valuation signals for AAMTF:
Return-on-Tangible-Equity: -1.75%
GF Value™: $0.23 vs. price of $0.25 (8.7% above fair value)
No single metric tells the full story. See the AAMTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order, and other types of specialized finance.
31GF Score
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