BTRCF (Better Collective AS) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


BTRCF Better Collective AS BTRCF
96 GF Score
Price $15.39
GF Value $19.17
! 5 Warning Signs
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What is Better Collective AS Return-on-Tangible-Equity?

Better Collective AS BTRCF 96 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates BTRCF with a GF Score™ of 96/100 and a GF Value™ of $19.17. The stock has 5 warning signs investors should review. Among 2,470 Software companies, Better Collective AS ranks better than 99.92% 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. Better Collective AS's annualized net income for the quarter that ended in Mar. 2026 was $33.9 Mil. Better Collective AS's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-373.2 Mil. Therefore, Better Collective AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

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

BTRCF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 105.49   Med: 105.49   Max: 105.49
Current: Negative Tangible Equity

During the past 12 years, Better Collective AS's highest Return-on-Tangible-Equity was 105.49%. The lowest was 105.49%. And the median was 105.49%.

BTRCF's Return-on-Tangible-Equity is ranked better than
99.92% of 2470 companies
in the Software industry
Industry Median: 8.77 vs BTRCF: Negative Tangible Equity

Better Collective AS  (OTCPK:BTRCF) 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.


Better Collective AS Return-on-Tangible-Equity Related Terms


Better Collective AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Better Collective AS'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.

Better Collective AS Return-on-Tangible-Equity Chart

Better Collective AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Better Collective AS 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

BTRCF vs UBER, SHOP, CRM: Return-on-Tangible-Equity Comparison

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Better Collective AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Better Collective AS's Return-on-Tangible-Equity falls into.


BTRCF
96GF Score
Better Collective AS BTRCF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Better Collective AS Return-on-Tangible-Equity Calculation

Better Collective AS'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 )
=27.624/( (-362.904+-376.077 )/ 2 )
=27.624/-369.4905
=Negative Tangible Equity %

Better Collective AS'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 )
=33.86/( (-376.077+-370.372)/ 2 )
=33.86/-373.2245
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Better Collective AS (BTRCF) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Better Collective AS and its competitors. Over the past decade, Better Collective AS's Return-on-Tangible-Equity has ranged from 105.49 to 105.49. According to the industry distribution chart, Better Collective AS ranks #2 out of 2470 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Better Collective AS's Return-on-Tangible-Equity too high?
Better Collective AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 105.49 to a high of 105.49. Based on the distribution chart, Better Collective AS ranks #2 out of 2470 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Better Collective AS has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Better Collective AS's Return-on-Tangible-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Better Collective AS ranks #2 out of 2470 companies for Return-on-Tangible-Equity. This places Better Collective AS in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.77. Historically, Better Collective AS's own Return-on-Tangible-Equity has ranged from 105.49 to 105.49 over the past decade. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.77, based on 2,470 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 Better Collective AS and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Better Collective AS's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better Collective AS stock overvalued right now?
Better Collective AS (BTRCF) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The stock's GF Value™ is $19.17, compared to a current price of $15.39 — trading 19.7% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Better Collective AS's overall GF Score™ is 96/100 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 Better Collective AS (BTRCF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Better Collective AS (BTRCF) Overvalued in 2026?

Based on GuruFocus' analysis, Better Collective AS stock appears to be undervalued. The current stock price of $15.39 is trading 19.7% below its estimated GF Value™ of $19.17.

Key valuation signals for BTRCF:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $19.17 vs. price of $15.39 (19.7% below fair value)
  • GF Score™: 96/100 with 5 warning signs

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


Better Collective AS Business Description

Address Sankt Annae Plads 26-28, Copenhagen K, DNK, 1250
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing, Paid Media and Esports. It generates maximum revenue from the Publishing segment. The publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships, where online traffic comes either directly or through organic search results.
96GF Score

Get the complete analysis for BTRCF

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

$15.39
Price
$19.17
GF Value