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. Ascent Solar Technologies's annualized net income for the quarter that ended in Mar. 2026 was $-8.71 Mil. Ascent Solar Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $10.04 Mil. Therefore, Ascent Solar Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -86.76%.
The historical rank and industry rank for Ascent Solar Technologies's Return-on-Tangible-Equity or its related term are showing as below:
ASTI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2492.74 Med: -1099.12 Max: -145.36
Current: -145.36
During the past 13 years, Ascent Solar Technologies's highest Return-on-Tangible-Equity was -145.36%. The lowest was -2,492.74%. And the median was -1,099.12%.
ASTI's Return-on-Tangible-Equity is ranked worse than 98.78% of 985
companies
in the Semiconductors industry
Industry Median: 5.19
vs ASTI: -145.36
Ascent Solar Technologies (NAS:ASTI) 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.
Ascent Solar Technologies Return-on-Tangible-Equity Related Terms
Ascent Solar Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ascent Solar Technologies'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.
Ascent Solar Technologies Return-on-Tangible-Equity Chart
ASTI vs SPRU, PN, BEEM: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Ascent Solar Technologies'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.
Ascent Solar Technologies Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ascent Solar Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ascent Solar Technologies'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 -86.76% mean?
Ascent Solar Technologies (ASTI) has a Return-on-Tangible-Equity of -86.76% 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 Ascent Solar Technologies and its competitors. According to the industry distribution chart, Ascent Solar Technologies ranks #973 out of 985 companies in the Semiconductors industry, placing it in the top 98.8%.
Is Ascent Solar Technologies' Return-on-Tangible-Equity too high?
Ascent Solar Technologies' current Return-on-Tangible-Equity is -86.76%. Based on the distribution chart, Ascent Solar Technologies ranks #973 out of 985 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Ascent Solar Technologies has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ascent Solar Technologies' Return-on-Tangible-Equity compare to SPRU and PN?
According to the Semiconductors industry distribution chart, Ascent Solar Technologies ranks #973 out of 985 companies for Return-on-Tangible-Equity. This places Ascent Solar Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.19. 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.19, based on 985 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 Ascent Solar Technologies and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Solar Technologies's current Return-on-Tangible-Equity is -86.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Solar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ascent Solar Technologies (ASTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.25, compared to a current price of $4.64 — trading 1756% above its estimated fair value. The current Return-on-Tangible-Equity is -86.76%. Ascent Solar Technologies' overall GF Score™ is 30/100 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 Ascent Solar Technologies (ASTI), the current Return-on-Tangible-Equity is -86.76% 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 Ascent Solar Technologies (ASTI) Overvalued in 2026?
Based on GuruFocus' analysis, Ascent Solar Technologies stock appears to be overvalued.
The current stock price of $4.64 is trading 1756% above its estimated GF Value™ of $0.25.
GuruFocus considers Ascent Solar Technologies to be Significantly Overvalued.
Key valuation signals for ASTI:
Return-on-Tangible-Equity: -86.76%
GF Value™: $0.25 vs. price of $4.64 (1756% above fair value)
No single metric tells the full story. See the ASTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascent Solar Technologies Inc is a solar technology company that manufactures and sells photovoltaic (PV) solar modules that are flexible, durable, and possess attractive power to weight and power to area performance. Its technology provides renewable power solutions to high-value production and specialty solar markets where traditional rigid solar panels are not suitable, including space power beaming, aerospace, satellites, near earth orbiting vehicles, fixed wing unmanned aerial vehicles (UAV), aquatic, terrestrial, and other weight-sensitive markets with transformational high quality, value added product applications. It operates in single PV segment that sells PV products and engineering services and currently, is selling it in North America.
30GF Score
Get the complete analysis for ASTI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASTI has been successfully added to your 
