BTC HealthASX:BTC +5.45% Return-on-Tangible-Equity is -1.72% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 1,199 Biotechnology companies, BTC Health ranks better than 69.97% 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. BTC Health's annualized net income for the quarter that ended in Dec. 2025 was A$-0.17 Mil. BTC Health's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$10.11 Mil. Therefore, BTC Health's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -1.72%.
The historical rank and industry rank for BTC Health's Return-on-Tangible-Equity or its related term are showing as below:
ASX:BTC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -130.01 Med: -7.27 Max: 56.46
Current: -10.37
During the past 13 years, BTC Health's highest Return-on-Tangible-Equity was 56.46%. The lowest was -130.01%. And the median was -7.27%.
ASX:BTC's Return-on-Tangible-Equity is ranked better than 69.97% of 1199
companies
in the Biotechnology industry
Industry Median: -42.4
vs ASX:BTC: -10.37
BTC Health (ASX:BTC) 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.
BTC Health Return-on-Tangible-Equity Related Terms
BTC Health Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for BTC Health'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.
ASX:BTC vs VRTX, REGN, ALNY: Return-on-Tangible-Equity Comparison
For the Biotechnology subindustry, BTC Health'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.
BTC Health Return-on-Tangible-Equity vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, BTC Health's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BTC Health'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 -1.72% mean?
BTC Health (ASX:BTC) has a Return-on-Tangible-Equity of -1.72% 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 BTC Health and its competitors. According to the industry distribution chart, BTC Health ranks #360 out of 1199 companies in the Biotechnology industry, placing it in the top 30%.
Is BTC Health's Return-on-Tangible-Equity too high?
BTC Health's current Return-on-Tangible-Equity is -1.72%. Based on the distribution chart, BTC Health ranks #360 out of 1199 companies in the Biotechnology industry, which is above the industry midpoint.
How does BTC Health's Return-on-Tangible-Equity compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, BTC Health ranks #360 out of 1199 companies for Return-on-Tangible-Equity. This puts BTC Health in the upper half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology industry context. 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 BTC Health and its competitors. BTC Health's current Return-on-Tangible-Equity is -1.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Health stock overvalued right now?
BTC Health (ASX:BTC) has a current Return-on-Tangible-Equity of -1.72%. The current Return-on-Tangible-Equity is -1.72%. 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 BTC Health (ASX:BTC), the current Return-on-Tangible-Equity is -1.72% 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.
BTC Health Ltd is a pooled development fund focused on seeking new investment opportunities in entities operating in the biotechnology and life sciences sectors. Its sole operating segment involves making and managing healthcare ventures. The company's products include Elasto-Q, Rythmic Infusion Pumps, Tiva, Infusion and Nerve Catheter Kits, Biopsy Needles, Radiological Markers, Rebellion Bone Removal System, Bonopty Coaxial Bone Biopsy, ECLS (Extracorporeal Life Support) Oxygenators, Pears, Valves, NEOLA, and LPS Adsorber. Geographically, it operates in Australia.
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