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. Alliance Aviation Services's annualized net income for the quarter that ended in Dec. 2025 was $-140.6 Mil. Alliance Aviation Services's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $271.4 Mil. Therefore, Alliance Aviation Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -51.81%.
The historical rank and industry rank for Alliance Aviation Services's Return-on-Tangible-Equity or its related term are showing as below:
ALAVF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.32 Med: 13.5 Max: 75.52
Current: -18.32
During the past 13 years, Alliance Aviation Services's highest Return-on-Tangible-Equity was 75.52%. The lowest was -18.32%. And the median was 13.50%.
ALAVF's Return-on-Tangible-Equity is ranked worse than 93.13% of 975
companies
in the Transportation industry
Industry Median: 9
vs ALAVF: -18.32
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.
Alliance Aviation Services Return-on-Tangible-Equity Related Terms
Alliance Aviation Services Return-on-Tangible-Equity Historical Data
* 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.
ALAVF vs JOBY: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Alliance Aviation Services'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.
Alliance Aviation Services Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Alliance Aviation Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Alliance Aviation Services'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 -51.81% mean?
Alliance Aviation Services (ALAVF) has a Return-on-Tangible-Equity of -51.81% 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 Alliance Aviation Services and its competitors. According to the industry distribution chart, Alliance Aviation Services ranks #908 out of 975 companies in the Transportation industry, placing it in the top 93.1%.
Is Alliance Aviation Services' Return-on-Tangible-Equity too high?
Alliance Aviation Services' current Return-on-Tangible-Equity is -51.81%. Based on the distribution chart, Alliance Aviation Services ranks #908 out of 975 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Alliance Aviation Services has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alliance Aviation Services' Return-on-Tangible-Equity compare to JOBY?
According to the Transportation industry distribution chart, Alliance Aviation Services ranks #908 out of 975 companies for Return-on-Tangible-Equity. This places Alliance Aviation Services in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.00. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 975 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 Alliance Aviation Services and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliance Aviation Services's current Return-on-Tangible-Equity is -51.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliance Aviation Services stock overvalued right now?
Based on GuruFocus' analysis, Alliance Aviation Services (ALAVF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.23, compared to a current price of $0.37 — trading 83.3% below its estimated fair value. The current Return-on-Tangible-Equity is -51.81%. Alliance Aviation Services' overall GF Score™ is 52/100 with 7 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 Alliance Aviation Services (ALAVF), the current Return-on-Tangible-Equity is -51.81% 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.
Is Alliance Aviation Services (ALAVF) Overvalued in 2026?
Based on GuruFocus' analysis, Alliance Aviation Services stock appears to be undervalued.
The current stock price of $0.37 is trading 83.3% below its estimated GF Value™ of $2.23.
GuruFocus considers Alliance Aviation Services to be Possible Value Trap.
Key valuation signals for ALAVF:
Return-on-Tangible-Equity: -51.81%
GF Value™: $2.23 vs. price of $0.37 (83.3% below fair value)
No single metric tells the full story. See the ALAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alliance Aviation Services Ltd is an aviation services provider. The company is engaged in the provision of contract, charter, and allied aviation services to both the resource industry and airlines, both domestically and internationally. The group also provides specialised aviation services to airlines and clients, including aircraft dry leasing, airport management, aircraft trading, part sales, engine leasing, and engineering services.
52GF Score
Get the complete analysis for ALAVF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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