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. Associated Capital Group's annualized net income for the quarter that ended in Mar. 2026 was $-3.30 Mil. Associated Capital Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $918.58 Mil. Therefore, Associated Capital Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.36%.
The historical rank and industry rank for Associated Capital Group's Return-on-Tangible-Equity or its related term are showing as below:
ACGP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.54 Med: 3.14 Max: 6.47
Current: 1.95
During the past 13 years, Associated Capital Group's highest Return-on-Tangible-Equity was 6.47%. The lowest was -6.54%. And the median was 3.14%.
ACGP's Return-on-Tangible-Equity is ranked worse than 69.08% of 1588
companies
in the Asset Management industry
Industry Median: 7.165
vs ACGP: 1.95
Associated Capital Group (OTCPK:ACGP) 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.
Associated Capital Group Return-on-Tangible-Equity Related Terms
Associated Capital Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Associated Capital Group'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.
Associated Capital Group Return-on-Tangible-Equity Chart
ACGP vs GCMG, MYI, CGBD: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Associated Capital Group'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.
Associated Capital Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Associated Capital Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Associated Capital Group'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -0.36% mean?
Associated Capital Group (ACGP) has a Return-on-Tangible-Equity of -0.36% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Associated Capital Group and its competitors. According to the industry distribution chart, Associated Capital Group ranks #1097 out of 1588 companies in the Asset Management industry, placing it in the top 69.1%.
Is Associated Capital Group's Return-on-Tangible-Equity too high?
Associated Capital Group's current Return-on-Tangible-Equity is -0.36%. Based on the distribution chart, Associated Capital Group ranks #1097 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Associated Capital Group has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Associated Capital Group's Return-on-Tangible-Equity compare to GCMG and MYI?
According to the Asset Management industry distribution chart, Associated Capital Group ranks #1097 out of 1588 companies for Return-on-Tangible-Equity. This places Associated Capital Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.17. 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.17, based on 1,588 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 Associated Capital Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Capital Group's current Return-on-Tangible-Equity is -0.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Capital Group stock overvalued right now?
Based on GuruFocus' analysis, Associated Capital Group (ACGP) is currently considered Possible Value Trap. The stock's GF Value™ is $78.38, compared to a current price of $35.99 — trading 54.1% below its estimated fair value. The current Return-on-Tangible-Equity is -0.36%. Associated Capital Group's overall GF Score™ is 48/100 with 4 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 Associated Capital Group (ACGP), the current Return-on-Tangible-Equity is -0.36% 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 Associated Capital Group (ACGP) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Capital Group stock appears to be undervalued.
The current stock price of $35.99 is trading 54.1% below its estimated GF Value™ of $78.38.
GuruFocus considers Associated Capital Group to be Possible Value Trap.
Key valuation signals for ACGP:
Return-on-Tangible-Equity: -0.36%
GF Value™: $78.38 vs. price of $35.99 (54.1% below fair value)
No single metric tells the full story. See the ACGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Capital Group Inc is a diversified financial services company. It operates in the business of alternative investment management, institutional research services, and cash and other assets through subsidiaries. The company principally manages assets across a range of risk and event arbitrage portfolios and in equity event-driven value strategies. The business earns management and incentive fees from its advisory activities. It manages assets on a discretionary basis and invests in a variety of U.S. and foreign securities, mainly in the developed global markets. The firm serves a wide variety of investors globally, including private wealth management clients, corporations, corporate pension and profit-sharing plans, foundations and endowments.
48GF Score
Get the complete analysis for ACGP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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