AJ Lucas GroupAJLGF Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 614 Steel companies, AJ Lucas Group ranks better than 99.84% 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. AJ Lucas Group's annualized net income for the quarter that ended in Dec. 2025 was $51.31 Mil. AJ Lucas Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $-35.44 Mil. Therefore, AJ Lucas Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for AJ Lucas Group's Return-on-Tangible-Equity or its related term are showing as below:
AJLGF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1631.97 Med: -18.42 Max: 3.73
Current: Negative Tangible Equity
During the past 13 years, AJ Lucas Group's highest Return-on-Tangible-Equity was 3.73%. The lowest was -1,631.97%. And the median was -18.42%.
AJLGF's Return-on-Tangible-Equity is ranked better than 99.84% of 614
companies
in the Steel industry
Industry Median: 4.01
vs AJLGF: Negative Tangible Equity
AJ Lucas Group (OTCPK:AJLGF) 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.
AJ Lucas Group Return-on-Tangible-Equity Related Terms
AJ Lucas Group Return-on-Tangible-Equity Historical Data
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The historical data trend for AJ Lucas 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.
AJLGF vs HCC, AMR, METC: Return-on-Tangible-Equity Comparison
For the Coking Coal subindustry, AJ Lucas 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.
AJ Lucas Group Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, AJ Lucas Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AJ Lucas 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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
AJ Lucas Group (AJLGF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AJ Lucas Group and its competitors. According to the industry distribution chart, AJ Lucas Group ranks #1 out of 614 companies in the Steel industry, placing it in the top 0.2%.
Is AJ Lucas Group's Return-on-Tangible-Equity too high?
AJ Lucas Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, AJ Lucas Group ranks #1 out of 614 companies in the Steel industry, which is in the top quartile — a strong position relative to peers.
How does AJ Lucas Group's Return-on-Tangible-Equity compare to HCC and AMR?
According to the Steel industry distribution chart, AJ Lucas Group ranks #1 out of 614 companies for Return-on-Tangible-Equity. This places AJ Lucas Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.01. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.01, based on 614 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 AJ Lucas Group and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Lucas Group's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Lucas Group stock overvalued right now?
AJ Lucas Group (AJLGF) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 12% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 AJ Lucas Group (AJLGF), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 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.
AJ Lucas Group Ltd is a provider of drilling services to the Australian coal industry, and an operator, through its subsidiary Cuadrilla Resources Holdings Limited, of exploration and appraisal of conventional and unconventional oil and gas prospects in the United Kingdom (UK). The Group is structured with two principal operating segments: Drilling (Australian operations) provides drilling services to the energy and resources sectors, but focuses on delivering a suite of degasification and exploration drilling and related services to Australian metallurgical coal mines; Oil & Gas Operations (UK investments operations) include the Exploration of unconventional and conventional hydrocarbons in the UK. It generates the majority of revenue from the Australian Operations segment.
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