FSTJ (First America Resources) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Sep. 2025)


FSTJ First America Resources Corp FSTJ
26 GF Score
Price $0.49
! 2 Warning Signs
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What is First America Resources Return-on-Tangible-Equity?

First America Resources FSTJ 26 Return-on-Tangible-Equity is Negative Tangible Equity% as of Sep. 2025. GuruFocus rates FSTJ with a GF Score™ of 26/100. The stock has 2 warning signs investors should review. Among 488 Diversified Financial Services companies, First America Resources ranks better than 99.8% 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. First America Resources's annualized net income for the quarter that ended in Sep. 2025 was $0.86 Mil. First America Resources's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $-1.73 Mil. Therefore, First America Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was Negative Tangible Equity%.

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

FSTJ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

FSTJ's Return-on-Tangible-Equity is ranked better than
99.8% of 488 companies
in the Diversified Financial Services industry
Industry Median: 1.705 vs FSTJ: Negative Tangible Equity

First America Resources  (OTCPK:FSTJ) 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.


First America Resources Return-on-Tangible-Equity Related Terms


First America Resources Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for First America Resources'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.

First America Resources Return-on-Tangible-Equity Chart

First America Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

First America Resources Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.00 0.00 0.00 Negative Tangible Equity Negative Tangible Equity

FSTJ vs QETA, ESHA, DTSQ: Return-on-Tangible-Equity Comparison

For the Shell Companies subindustry, First America Resources'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.


First America Resources Return-on-Tangible-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, First America Resources's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where First America Resources's Return-on-Tangible-Equity falls into.


FSTJ
26GF Score
First America Resources Corp FSTJ
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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First America Resources Return-on-Tangible-Equity Calculation

First America Resources's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-0.041/( (-0.132+-0.173 )/ 2 )
=-0.041/-0.1525
=N/A %

First America Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Jun. 2025 )(Q: Sep. 2025 )
=0.856/( (-1.832+-1.618)/ 2 )
=0.856/-1.725
=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 (Sep. 2025) 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?
First America Resources (FSTJ) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on First America Resources and its competitors. According to the industry distribution chart, First America Resources ranks #1 out of 488 companies in the Diversified Financial Services industry, placing it in the top 0.2%.
Is First America Resources' Return-on-Tangible-Equity too high?
First America Resources' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, First America Resources ranks #1 out of 488 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, First America Resources has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does First America Resources' Return-on-Tangible-Equity compare to QETA and ESHA?
According to the Diversified Financial Services industry distribution chart, First America Resources ranks #1 out of 488 companies for Return-on-Tangible-Equity. This places First America Resources in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 1.71. 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.71, based on 488 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 First America Resources and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First America Resources'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 First America Resources stock overvalued right now?
First America Resources (FSTJ) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. First America Resources' overall GF Score™ is 26/100 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 First America Resources (FSTJ), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Sep. 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.

First America Resources Business Description

Address 1000 East Armstrong Street, Morris, IL, USA, 60450
First America Resources Corp operates in the IT asset disposition (ITAD) and electronics recycling industry. It provides ITAD services including equipment collection, logistics, asset tracking, testing, data destruction, refurbishment, resale, and recycling. It also offers data security through secure data sanitization and destruction. Its AI Infrastructure Lifecycle Services cover removal, transportation, processing, and recycling of servers, storage, and networking equipment. Additional services include data center decommissioning, electronics recycling with material recovery, and recycling of renewable energy and emerging technologies such as solar panels, electric vehicle batteries, and high-performance computing systems.
26GF Score

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

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