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Galaxy Cosmos MezzATH:GCMEZZ -1.12%38 Return-on-Tangible-Equity is 41.53% as of Dec. 2025, which is 96% above its 10-year median of 21.17. GuruFocus rates ATH:GCMEZZ with a GF Score™ of 38/100 and a GF Value™ of €0.24 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,589 Asset Management companies, Galaxy Cosmos Mezz ranks better than 79.61% 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. Galaxy Cosmos Mezz's annualized net income for the quarter that ended in Dec. 2025 was €4.32 Mil. Galaxy Cosmos Mezz's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €10.41 Mil. Therefore, Galaxy Cosmos Mezz's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 41.53%.
The historical rank and industry rank for Galaxy Cosmos Mezz's Return-on-Tangible-Equity or its related term are showing as below:
ATH:GCMEZZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.75 Med: 21.17 Max: 22.68
Current: 21.86
During the past 4 years, Galaxy Cosmos Mezz's highest Return-on-Tangible-Equity was 22.68%. The lowest was -25.75%. And the median was 21.17%.
ATH:GCMEZZ's Return-on-Tangible-Equity is ranked better than 79.61% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs ATH:GCMEZZ: 21.86
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.
Galaxy Cosmos Mezz Return-on-Tangible-Equity Related Terms
Galaxy Cosmos Mezz Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Galaxy Cosmos Mezz'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.
ATH:GCMEZZ vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Galaxy Cosmos Mezz'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.
Galaxy Cosmos Mezz Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Galaxy Cosmos Mezz's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Galaxy Cosmos Mezz'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 41.53% mean?
Galaxy Cosmos Mezz (ATH:GCMEZZ) has a Return-on-Tangible-Equity of 41.53% 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 Galaxy Cosmos Mezz and its competitors. This is 96% above median its historical median of 21.17. According to the industry distribution chart, Galaxy Cosmos Mezz ranks #324 out of 1589 companies in the Asset Management industry, placing it in the top 20.4%.
Is Galaxy Cosmos Mezz's Return-on-Tangible-Equity too high?
Galaxy Cosmos Mezz's current Return-on-Tangible-Equity of 41.53% is 96% above median its 10-year median of 21.17. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Galaxy Cosmos Mezz's value of 41.53% is 476% above this industry median. Based on the distribution chart, Galaxy Cosmos Mezz ranks #324 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Galaxy Cosmos Mezz has a GF Score™ of 38/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Galaxy Cosmos Mezz's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Galaxy Cosmos Mezz ranks #324 out of 1589 companies for Return-on-Tangible-Equity. This places Galaxy Cosmos Mezz in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Galaxy Cosmos Mezz's value of 41.53% is 476% above this benchmark. While the company's 10-year median is 21.17 vs. the industry median of 7.21, Galaxy Cosmos Mezz 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 an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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. Galaxy Cosmos Mezz's current Return-on-Tangible-Equity of 41.53% is 476% 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 Galaxy Cosmos Mezz and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Cosmos Mezz's current Return-on-Tangible-Equity is 41.53%, which is 96% above median its own 10-year median of 21.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Cosmos Mezz stock overvalued right now?
Based on GuruFocus' analysis, Galaxy Cosmos Mezz (ATH:GCMEZZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.24, compared to a current price of €0.27 — trading 10.8% above its estimated fair value. The current Return-on-Tangible-Equity is 41.53%, which is 96% above median its 10-year median of 21.17 and 476% above the Asset Management industry median of 7.21. Galaxy Cosmos Mezz's overall GF Score™ is 38/100 with 1 warning sign 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 Galaxy Cosmos Mezz (ATH:GCMEZZ), the current Return-on-Tangible-Equity is 41.53% 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 Galaxy Cosmos Mezz (ATH:GCMEZZ) Overvalued in 2026?
Based on GuruFocus' analysis, Galaxy Cosmos Mezz stock appears to be overvalued.
The current stock price of €0.27 is trading 10.8% above its estimated GF Value™ of €0.24.
GuruFocus considers Galaxy Cosmos Mezz to be Modestly Overvalued.
Key valuation signals for ATH:GCMEZZ:
Return-on-Tangible-Equity: 41.53% (96% above median its 10-year median of 21.17)
GF Value™: €0.24 vs. price of €0.27 (10.8% above fair value)
Industry Position: 476% above the Asset Management median (#324 of 1589)
No single metric tells the full story. See the ATH:GCMEZZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Galaxy Cosmos Mezz PLC is holding and managing part of the Mezzanine and Junior Notes issued in the context of Galaxy and Cosmos securitization of loans originated by Alpha Bank SA. The Company's objectives in managing capital are to safeguard the Company's ability to continue as a going concern in order to provide returns for shareholders and to maintain an optimal capital structure to reduce the cost of capital.
38GF Score
Get the complete analysis for ATH:GCMEZZ
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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