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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. A3 Mercados's annualized net income for the quarter that ended in Mar. 2026 was ARS-35,876 Mil. A3 Mercados's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ARS213,587 Mil. Therefore, A3 Mercados's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -16.80%.
The historical rank and industry rank for A3 Mercados's Return-on-Tangible-Equity or its related term are showing as below:
BUE:A3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.4 Med: 28.88 Max: 59.28
Current: 37.11
During the past 13 years, A3 Mercados's highest Return-on-Tangible-Equity was 59.28%. The lowest was 9.40%. And the median was 28.88%.
BUE:A3's Return-on-Tangible-Equity is not ranked
in the Capital Markets industry.
Industry Median: 6.485
vs BUE:A3: 37.11
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.
A3 Mercados Return-on-Tangible-Equity Related Terms
A3 Mercados Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for A3 Mercados'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.
BUE:A3 vs SPGI, CME, ICE: Return-on-Tangible-Equity Comparison
For the Financial Data & Stock Exchanges subindustry, A3 Mercados'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.
A3 Mercados Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, A3 Mercados's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where A3 Mercados'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 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 -16.80% mean?
A3 Mercados (BUE:A3) has a Return-on-Tangible-Equity of -16.80% 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 A3 Mercados and its competitors. Over the past decade, A3 Mercados' Return-on-Tangible-Equity has ranged from 9.40 to 59.28.
Is A3 Mercados' Return-on-Tangible-Equity too high?
A3 Mercados' current Return-on-Tangible-Equity is -16.80%. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 59.28.
How does A3 Mercados' Return-on-Tangible-Equity compare to SPGI and CME?
A3 Mercados' Return-on-Tangible-Equity of -16.80% can be compared against companies in the Capital Markets industry. The industry median Return-on-Tangible-Equity is 6.49. Historically, A3 Mercados' own Return-on-Tangible-Equity has ranged from 9.40 to 59.28 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.49, based on 784 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 A3 Mercados and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A3 Mercados's current Return-on-Tangible-Equity is -16.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A3 Mercados stock overvalued right now?
A3 Mercados (BUE:A3) has a current Return-on-Tangible-Equity of -16.80%. The stock's GF Value™ is ARS759.93, compared to a current price of ARS2,215.00 — trading 191.5% above its estimated fair value. The current Return-on-Tangible-Equity is -16.80%. 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 A3 Mercados (BUE:A3), the current Return-on-Tangible-Equity is -16.80% 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.
Matba Rofex Sociedad Anonima is an agricultural futures and options Exchange in Latin America. Approximately, more than 75 members trade futures and options contracts on agricultural commodities using the open outcry system or company's electronic platform. The company registers, guarantees, clears and settles every contract traded at the Exchange. It also offers through Fundación MATba a large number of educational and training programs. These programs cover a range of topics involving derivatives, strategies and back office administration, among others.
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