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. Altech Advanced Materials AG's annualized net income for the quarter that ended in Dec. 2025 was €-8.08 Mil. Altech Advanced Materials AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €6.48 Mil. Therefore, Altech Advanced Materials AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -124.72%.
The historical rank and industry rank for Altech Advanced Materials AG's Return-on-Tangible-Equity or its related term are showing as below:
FRA:AMA0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -84.77 Med: -49.26 Max: -12.15
Current: -59.77
During the past 13 years, Altech Advanced Materials AG's highest Return-on-Tangible-Equity was -12.15%. The lowest was -84.77%. And the median was -49.26%.
FRA:AMA0's Return-on-Tangible-Equity is ranked worse than 96.28% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs FRA:AMA0: -59.77
Altech Advanced Materials AG (FRA:AMA0) 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.
Altech Advanced Materials AG Return-on-Tangible-Equity Related Terms
Altech Advanced Materials AG Return-on-Tangible-Equity Historical Data
* 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.
Altech Advanced Materials AG Return-on-Tangible-Equity Chart
FRA:AMA0 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Altech Advanced Materials AG'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.
Altech Advanced Materials AG Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Altech Advanced Materials AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Altech Advanced Materials AG'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 -124.72% mean?
Altech Advanced Materials AG (FRA:AMA0) has a Return-on-Tangible-Equity of -124.72% 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 Altech Advanced Materials AG and its competitors. According to the industry distribution chart, Altech Advanced Materials AG ranks #1529 out of 1588 companies in the Asset Management industry, placing it in the top 96.3%.
Is Altech Advanced Materials AG's Return-on-Tangible-Equity too high?
Altech Advanced Materials AG's current Return-on-Tangible-Equity is -124.72%. Based on the distribution chart, Altech Advanced Materials AG ranks #1529 out of 1588 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Altech Advanced Materials AG has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Altech Advanced Materials AG's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Altech Advanced Materials AG ranks #1529 out of 1588 companies for Return-on-Tangible-Equity. This places Altech Advanced Materials AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. 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 7.19, based on 1,588 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 Altech Advanced Materials AG and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech Advanced Materials AG's current Return-on-Tangible-Equity is -124.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech Advanced Materials AG stock overvalued right now?
Based on GuruFocus' analysis, Altech Advanced Materials AG (FRA:AMA0) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.78, compared to a current price of €1.37 — trading 23% below its estimated fair value. The current Return-on-Tangible-Equity is -124.72%. Altech Advanced Materials AG's overall GF Score™ is 38/100 with 7 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 Altech Advanced Materials AG (FRA:AMA0), the current Return-on-Tangible-Equity is -124.72% 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.
Is Altech Advanced Materials AG (FRA:AMA0) Overvalued in 2026?
Based on GuruFocus' analysis, Altech Advanced Materials AG stock appears to be undervalued.
The current stock price of €1.37 is trading 23% below its estimated GF Value™ of €1.78.
GuruFocus considers Altech Advanced Materials AG to be Modestly Undervalued.
Key valuation signals for FRA:AMA0:
Return-on-Tangible-Equity: -124.72%
GF Value™: €1.78 vs. price of €1.37 (23% below fair value)
No single metric tells the full story. See the FRA:AMA0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altech Advanced Materials AG is an investment company that makes investments in corporations and partnerships that represent a good opportunity/risk ratio, particularly in the business areas of raw material extraction and processing, chemistry, manufacture of all types of packaging and paper products, as well as their distribution. The aim of the company, together with its cooperation partner Altech Batteries Limited, is to enter the market for lithium-ion batteries for electromobility with innovative and high-performance anode material based on high-purity aluminum oxide ("HPA) - Silumina Anodes - as well as in the area of solid-state batteries for stationary battery use with - CERENERGY - to participate.
38GF Score
Get the complete analysis for FRA:AMA0
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:AMA0 has been successfully added to your 
