Australian Agricultural Projects (ASX:AAP) Return-on-Tangible-Equity: -10.66% (As of Dec. 2025)


What is Australian Agricultural Projects Return-on-Tangible-Equity?

Australian Agricultural Projects ASX:AAP Return-on-Tangible-Equity is -10.66% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 1,873 Consumer Packaged Goods companies, Australian Agricultural Projects ranks worse than 61.83% 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. Australian Agricultural Projects's annualized net income for the quarter that ended in Dec. 2025 was A$-1.59 Mil. Australian Agricultural Projects's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$14.95 Mil. Therefore, Australian Agricultural Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -10.66%.

The historical rank and industry rank for Australian Agricultural Projects's Return-on-Tangible-Equity or its related term are showing as below:

ASX:AAP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.63   Med: 6.42   Max: 13.87
Current: 4.64

During the past 13 years, Australian Agricultural Projects's highest Return-on-Tangible-Equity was 13.87%. The lowest was -27.63%. And the median was 6.42%.

ASX:AAP's Return-on-Tangible-Equity is ranked worse than
61.83% of 1873 companies
in the Consumer Packaged Goods industry
Industry Median: 7.72 vs ASX:AAP: 4.64

Australian Agricultural Projects  (ASX:AAP) 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.


Australian Agricultural Projects Return-on-Tangible-Equity Related Terms


Australian Agricultural Projects Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Australian Agricultural Projects'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.

Australian Agricultural Projects Return-on-Tangible-Equity Chart

Australian Agricultural Projects Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.98 -2.72 5.91 11.02 13.87

Australian Agricultural Projects Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.31 23.96 7.35 20.27 -10.66

ASX:AAP vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison

For the Farm Products subindustry, Australian Agricultural Projects'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.


Australian Agricultural Projects Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Agricultural Projects's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Australian Agricultural Projects's Return-on-Tangible-Equity falls into.



Australian Agricultural Projects Return-on-Tangible-Equity Calculation

Australian Agricultural Projects's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=1.96/( (12.921+15.345 )/ 2 )
=1.96/14.133
=13.87 %

Australian Agricultural Projects's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-1.594/( (15.345+14.548)/ 2 )
=-1.594/14.9465
=-10.66 %

* 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 -10.66% mean?
Australian Agricultural Projects (ASX:AAP) has a Return-on-Tangible-Equity of -10.66% 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 Australian Agricultural Projects and its competitors. According to the industry distribution chart, Australian Agricultural Projects ranks #1158 out of 1873 companies in the Consumer Packaged Goods industry, placing it in the top 61.8%.
Is Australian Agricultural Projects' Return-on-Tangible-Equity too high?
Australian Agricultural Projects' current Return-on-Tangible-Equity is -10.66%. Based on the distribution chart, Australian Agricultural Projects ranks #1158 out of 1873 companies in the Consumer Packaged Goods industry, which is below the industry midpoint.
How does Australian Agricultural Projects' Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Australian Agricultural Projects ranks #1158 out of 1873 companies for Return-on-Tangible-Equity. This places Australian Agricultural Projects in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.72. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.72, based on 1,873 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 Australian Agricultural Projects and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Australian Agricultural Projects's current Return-on-Tangible-Equity is -10.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Agricultural Projects stock overvalued right now?
Based on GuruFocus' analysis, Australian Agricultural Projects (ASX:AAP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.03, compared to a current price of A$0.07 — trading 146.7% above its estimated fair value. The current Return-on-Tangible-Equity is -10.66%. 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 Australian Agricultural Projects (ASX:AAP), the current Return-on-Tangible-Equity is -10.66% 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.

Australian Agricultural Projects Business Description

Address 456 St Kilda Road, Suite 19, Melbourne, VIC, AUS, 3004
Australian Agricultural Projects Ltd is an Australian company specializing in managing olive groves and investment schemes in Boort, Victoria. The company oversees projects including the Victorian Olive Oil Project, Victorian Olive Oil Project II, and a corporate project operated by Peppercorn Estate Limited. The orchards, situated near Boort in the Mallee region, benefit from a Mediterranean-like climate ideal for olive cultivation. Established during a period of expansion in Australian olive plantings, the company applies modern horticultural practices to produce high-quality olives. The company has also developed brands and a supply agreement with Boundary Bend Limited, linking product value to farm gate prices based on retail sales.