American ResourcesAREC -1.75%28 Return-on-Tangible-Equity is 39,079.67% as of Dec. 2025, which is 5338% above its 10-year median of 718.61. GuruFocus rates AREC with a GF Score™ of 28/100. The stock has 6 warning signs investors should review. Among 614 Steel companies, American Resources 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. American Resources's annualized net income for the quarter that ended in Dec. 2025 was $262.42 Mil. American Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $0.67 Mil. Therefore, American Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 39,079.67%.
The historical rank and industry rank for American Resources's Return-on-Tangible-Equity or its related term are showing as below:
AREC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 718.61 Med: 718.61 Max: 718.61
Current: Negative Tangible Equity
During the past 12 years, American Resources's highest Return-on-Tangible-Equity was 718.61%. The lowest was 718.61%. And the median was 718.61%.
AREC's Return-on-Tangible-Equity is ranked better than 99.84% of 614
companies
in the Steel industry
Industry Median: 3.95
vs AREC: Negative Tangible Equity
American Resources (NAS:AREC) 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.
American Resources Return-on-Tangible-Equity Related Terms
American Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for American Resources'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.
American Resources Return-on-Tangible-Equity Chart
AREC vs SXC, METC, HCC: Return-on-Tangible-Equity Comparison
For the Coking Coal subindustry, American Resources'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.
American Resources Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, American Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where American Resources'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 (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 39,079.67% mean?
American Resources (AREC) has a Return-on-Tangible-Equity of 39,079.67% 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 American Resources and its competitors. This is 5338% above median its historical median of 718.61. Over the past decade, American Resources' Return-on-Tangible-Equity has ranged from 718.61 to 718.61. According to the industry distribution chart, American Resources ranks #1 out of 614 companies in the Steel industry, placing it in the top 0.2%.
Is American Resources' Return-on-Tangible-Equity too high?
American Resources' current Return-on-Tangible-Equity of 39,079.67% is 5338% above median its 10-year median of 718.61. Over the past 10 years, this metric has ranged from a low of 718.61 to a high of 718.61. The Steel industry median Return-on-Tangible-Equity is 3.95. American Resources' value of 39,079.67% is 989258.7% above this industry median. Based on the distribution chart, American Resources ranks #1 out of 614 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, American Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does American Resources' Return-on-Tangible-Equity compare to SXC and METC?
According to the Steel industry distribution chart, American Resources ranks #1 out of 614 companies for Return-on-Tangible-Equity. This places American Resources in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.95. American Resources' value of 39,079.67% is 989258.7% above this benchmark. Historically, American Resources' own Return-on-Tangible-Equity has ranged from 718.61 to 718.61 over the past decade. While the company's 10-year median is 718.61 vs. the industry median of 3.95, American Resources has consistently been above the industry average. 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 3.95, 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. American Resources's current Return-on-Tangible-Equity of 39,079.67% is 989258.7% above the industry median. 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 American Resources and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Resources's current Return-on-Tangible-Equity is 39,079.67%, which is 5338% above median its own 10-year median of 718.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Resources stock overvalued right now?
American Resources (AREC) has a current Return-on-Tangible-Equity of 39,079.67%. The current Return-on-Tangible-Equity is 39,079.67%, which is 5338% above median its 10-year median of 718.61 and 989258.7% above the Steel industry median of 3.95. American Resources' overall GF Score™ is 28/100 with 6 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 American Resources (AREC), the current Return-on-Tangible-Equity is 39,079.67% 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.
American Resources Corp is engaged in the aggregation, recovery, recycling, and sale of recovered metal and steel materials. The company operates through two segments: Corporate and Electrified Materials. The Electrified Materials segment focuses on processing and recycling recovered metal and steel products.
28GF Score
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