BTBD (BT Brands) Return-on-Tangible-Equity: -60.60% (As of Mar. 2026)


BTBD BT Brands Inc BTBD
60 GF Score
Price $1.09
GF Value $1.52
Valuation Modestly Undervalued
! 5 Warning Signs
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What is BT Brands Return-on-Tangible-Equity?

BT Brands BTBD +0.93% 60 Return-on-Tangible-Equity is -60.60% as of Mar. 2026. GuruFocus rates BTBD with a GF Score™ of 60/100 and a GF Value™ of $1.52 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 332 Restaurants companies, BT Brands ranks worse than 84.64% 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. BT Brands's annualized net income for the quarter that ended in Mar. 2026 was $-3.00 Mil. BT Brands's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $4.96 Mil. Therefore, BT Brands's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -60.60%.

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

BTBD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -33.19   Med: -10.34   Max: 12.25
Current: -20.02

During the past 8 years, BT Brands's highest Return-on-Tangible-Equity was 12.25%. The lowest was -33.19%. And the median was -10.34%.

BTBD's Return-on-Tangible-Equity is ranked worse than
84.64% of 332 companies
in the Restaurants industry
Industry Median: 8.715 vs BTBD: -20.02

BT Brands  (NAS:BTBD) 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.


BT Brands Return-on-Tangible-Equity Related Terms


BT Brands Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for BT Brands'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.

BT Brands Return-on-Tangible-Equity Chart

BT Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 12.25 -5.72 -10.34 -33.19 -12.38

BT Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -23.32 3.94 59.69 -89.09 -60.60

BTBD vs VSTD, TWNPQ, CHSN: Return-on-Tangible-Equity Comparison

For the Restaurants subindustry, BT Brands'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.


BT Brands Return-on-Tangible-Equity vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, BT Brands's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where BT Brands's Return-on-Tangible-Equity falls into.


BTBD
60GF Score
BT Brands Inc BTBD
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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BT Brands Return-on-Tangible-Equity Calculation

BT Brands's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-0.688/( (5.801+5.317 )/ 2 )
=-0.688/5.559
=-12.38 %

BT Brands's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-3.004/( (5.317+4.597)/ 2 )
=-3.004/4.957
=-60.60 %

* 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 -60.60% mean?
BT Brands (BTBD) has a Return-on-Tangible-Equity of -60.60% 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 BT Brands and its competitors. According to the industry distribution chart, BT Brands ranks #281 out of 332 companies in the Restaurants industry, placing it in the top 84.6%.
Is BT Brands' Return-on-Tangible-Equity too high?
BT Brands' current Return-on-Tangible-Equity is -60.60%. Based on the distribution chart, BT Brands ranks #281 out of 332 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, BT Brands has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BT Brands' Return-on-Tangible-Equity compare to VSTD and TWNPQ?
According to the Restaurants industry distribution chart, BT Brands ranks #281 out of 332 companies for Return-on-Tangible-Equity. This places BT Brands in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.72. 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 Restaurants company?
The median Return-on-Tangible-Equity among Restaurants companies is 8.72, based on 332 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 BT Brands and its competitors. For the Restaurants industry, the median Return-on-Tangible-Equity is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BT Brands's current Return-on-Tangible-Equity is -60.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BT Brands stock overvalued right now?
Based on GuruFocus' analysis, BT Brands (BTBD) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.52, compared to a current price of $1.09 — trading 28.3% below its estimated fair value. The current Return-on-Tangible-Equity is -60.60%. BT Brands' overall GF Score™ is 60/100 with 5 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 BT Brands (BTBD), the current Return-on-Tangible-Equity is -60.60% 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 BT Brands (BTBD) Overvalued in 2026?

Based on GuruFocus' analysis, BT Brands stock appears to be undervalued. The current stock price of $1.09 is trading 28.3% below its estimated GF Value™ of $1.52. GuruFocus considers BT Brands to be Modestly Undervalued.

Key valuation signals for BTBD:

  • Return-on-Tangible-Equity: -60.60%
  • GF Value™: $1.52 vs. price of $1.09 (28.3% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the BTBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BT Brands Business Description

Address 10701 Wayzata Boulevard S, Suite 102, Minnetonka, MN, USA, 55305
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. Its offerings include a variety of burgers and other affordable items, including sides and soft drinks. The company owns and operates Keegan's Seafood Grille (Keegan's), a dine-in restaurant located in Florida; Pie In The Sky Coffee and Bakery (PIE), located in Massachusetts; and Schnitzel Haus, a German-themed restaurant located in Florida. The company's revenues are derived from the sale of food and beverages at its restaurants.
60GF Score

Get the complete analysis for BTBD

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.09
Price
$1.52
GF Value