Aluminum of China (FRA:AOC) Return-on-Tangible-Equity: 37.00% (As of Mar. 2026) — 391% Above Median


FRA:AOC Aluminum Corp of China Ltd FRA:AOC
70 GF Score
Price €0.85
GF Value €0.83
Valuation Fairly Valued
! 2 Warning Signs
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What is Aluminum of China Return-on-Tangible-Equity?

Aluminum of China FRA:AOC +2.66% 70 Return-on-Tangible-Equity is 37.00% as of Mar. 2026, which is 391% above its 10-year median of 7.54. GuruFocus rates FRA:AOC with a GF Score™ of 70/100 and a GF Value™ of €0.83 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,376 Metals & Mining companies, Aluminum of China ranks better than 90.15% 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. Aluminum of China's annualized net income for the quarter that ended in Mar. 2026 was €2,775 Mil. Aluminum of China's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €7,500 Mil. Therefore, Aluminum of China's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 37.00%.

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

FRA:AOC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.47   Med: 7.54   Max: 25.62
Current: 25.62

During the past 13 years, Aluminum of China's highest Return-on-Tangible-Equity was 25.62%. The lowest was 1.47%. And the median was 7.54%.

FRA:AOC's Return-on-Tangible-Equity is ranked better than
90.15% of 2376 companies
in the Metals & Mining industry
Industry Median: -16.445 vs FRA:AOC: 25.62

Aluminum of China  (FRA:AOC) 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.


Aluminum of China Return-on-Tangible-Equity Related Terms


Aluminum of China Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Aluminum of China'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.

Aluminum of China Return-on-Tangible-Equity Chart

Aluminum of China 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 13.31 9.24 14.54 24.09 20.70

Aluminum of China 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 25.65 24.56 27.00 12.70 37.00

FRA:AOC vs AA, CENX, CSTM: Return-on-Tangible-Equity Comparison

For the Aluminum subindustry, Aluminum of China'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.


Aluminum of China Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Aluminum of China's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Aluminum of China's Return-on-Tangible-Equity falls into.


FRA:AOC
70GF Score
Aluminum Corp of China Ltd FRA:AOC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aluminum of China Return-on-Tangible-Equity Calculation

Aluminum of China'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 )
=1536.734/( (7365.381+7484.455 )/ 2 )
=1536.734/7424.918
=20.70 %

Aluminum of China'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 )
=2774.808/( (7484.455+7515.882)/ 2 )
=2774.808/7500.1685
=37.00 %

* 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 37.00% mean?
Aluminum of China (FRA:AOC) has a Return-on-Tangible-Equity of 37.00% 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 Aluminum of China and its competitors. This is 391% above median its historical median of 7.54. Over the past decade, Aluminum of China's Return-on-Tangible-Equity has ranged from 1.47 to 25.62. According to the industry distribution chart, Aluminum of China ranks #234 out of 2376 companies in the Metals & Mining industry, placing it in the top 9.8%.
Is Aluminum of China's Return-on-Tangible-Equity too high?
Aluminum of China's current Return-on-Tangible-Equity of 37.00% is 391% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 25.62. Based on the distribution chart, Aluminum of China ranks #234 out of 2376 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Aluminum of China has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aluminum of China's Return-on-Tangible-Equity compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Aluminum of China ranks #234 out of 2376 companies for Return-on-Tangible-Equity. This places Aluminum of China in the top 10% of its industry — outperforming the majority of peers. Historically, Aluminum of China's own Return-on-Tangible-Equity has ranged from 1.47 to 25.62 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Aluminum of China and its competitors. Aluminum of China's current Return-on-Tangible-Equity is 37.00%, which is 391% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aluminum of China stock overvalued right now?
Based on GuruFocus' analysis, Aluminum of China (FRA:AOC) is currently considered Fairly Valued. The stock's GF Value™ is €0.83, compared to a current price of €0.85 — trading 2.2% above its estimated fair value. The current Return-on-Tangible-Equity is 37.00%, which is 391% above median its 10-year median of 7.54. Aluminum of China's overall GF Score™ is 70/100 with 2 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 Aluminum of China (FRA:AOC), the current Return-on-Tangible-Equity is 37.00% 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 Aluminum of China (FRA:AOC) Overvalued in 2026?

Based on GuruFocus' analysis, Aluminum of China stock appears to be overvalued. The current stock price of €0.85 is trading 2.2% above its estimated GF Value™ of €0.83. GuruFocus considers Aluminum of China to be Fairly Valued.

Key valuation signals for FRA:AOC:

  • Return-on-Tangible-Equity: 37.00% (391% above median its 10-year median of 7.54)
  • GF Value™: €0.83 vs. price of €0.85 (2.2% above fair value)
  • GF Score™: 70/100 with 2 warning signs

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


Aluminum of China Business Description

Address No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082
Aluminum Corp of China Ltd is an aluminum producer. Its main business includes exploration and mining of resources such as bauxite and coal, production, sales, technology research and development of alumina, primary aluminum, aluminum alloys, and carbon products, international trade, logistics industry, thermal and new energy power generation, etc. The company's reportable operating segments are: the alumina segment, the primary aluminum segment, the energy segment, the marketing segment, and the corporate and other segment. The majority of its revenue is generated from the primary aluminum segment, which consists of procuring alumina and other raw materials, supplemental materials, and electricity power, and smelting alumina to produce primary aluminum.
70GF Score

Get the complete analysis for FRA:AOC

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

€0.85
Price
€0.83
GF Value