ACAN (Americann) Return-on-Tangible-Equity: -136.61% (As of Dec. 2024)


What is Americann Return-on-Tangible-Equity?

Americann ACAN Return-on-Tangible-Equity is -136.61% as of Dec. 2024.

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. Americann's annualized net income for the quarter that ended in Dec. 2024 was $-5.20 Mil. Americann's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $3.80 Mil. Therefore, Americann's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -136.61%.

The historical rank and industry rank for Americann's Return-on-Tangible-Equity or its related term are showing as below:

ACAN's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 4.215
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Americann  (OTCPK:ACAN) 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.


Americann Return-on-Tangible-Equity Related Terms


Americann Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Americann'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.

Americann Return-on-Tangible-Equity Chart

Americann Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.22 -15.16 -3.06 -1.65 -24.69

Americann Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Return-on-Tangible-Equity 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 -12.24 -12.18 -35.64 -39.13 -136.61

ACAN vs CBRE, CSGP, BEKE: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, Americann'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.


Americann Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Americann's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Americann's Return-on-Tangible-Equity falls into.



Americann Return-on-Tangible-Equity Calculation

Americann's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=-1.254/( (5.707+4.453 )/ 2 )
=-1.254/5.08
=-24.69 %

Americann's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-5.196/( (4.453+3.154)/ 2 )
=-5.196/3.8035
=-136.61 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -136.61% mean?
Americann (ACAN) has a Return-on-Tangible-Equity of -136.61% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Americann and its competitors.
Is Americann's Return-on-Tangible-Equity too high?
Americann's current Return-on-Tangible-Equity is -136.61%.
How does Americann's Return-on-Tangible-Equity compare to CBRE and CSGP?
Americann's Return-on-Tangible-Equity of -136.61% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.22. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.22, based on 1,714 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 Americann and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Americann's current Return-on-Tangible-Equity is -136.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Americann stock overvalued right now?
Americann (ACAN) has a current Return-on-Tangible-Equity of -136.61%. The current Return-on-Tangible-Equity is -136.61%. 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 Americann (ACAN), the current Return-on-Tangible-Equity is -136.61% as of Dec. 2024. 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.

Americann Business Description

Address 1555 Blake Street, Unit 502, Denver, CO, USA, 80202
Americann Inc is a specialized cannabis company that is developing product manufacturing and greenhouse cultivation facilities. Its business plan is based on the continued growth of the regulated marijuana market in the United States. Its flagship project is the Massachusetts Cannabis Center (MCC). It generates revenue through lease arrangements that include base rents and revenue participation fees generated from products produced at the MCC.