Real Asset Acquisition (HAM:FL3) Return-on-Tangible-Equity: 2.85% (As of Mar. 2026) — 43% Below Median


HAM:FL3 Real Asset Acquisition Corp HAM:FL3
22 GF Score
Price €9.35
! 2 Warning Signs
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What is Real Asset Acquisition Return-on-Tangible-Equity?

Real Asset Acquisition HAM:FL3 -2.20% 22 Return-on-Tangible-Equity is 2.85% as of Mar. 2026, which is 43% below its 10-year median of 4.96. GuruFocus rates HAM:FL3 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 482 Diversified Financial Services companies, Real Asset Acquisition ranks better than 82.16% 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. Real Asset Acquisition's annualized net income for the quarter that ended in Mar. 2026 was €4.22 Mil. Real Asset Acquisition's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €147.75 Mil. Therefore, Real Asset Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.85%.

The historical rank and industry rank for Real Asset Acquisition's Return-on-Tangible-Equity or its related term are showing as below:

HAM:FL3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.05   Med: 4.96   Max: 4.96
Current: 4.05

During the past 2 years, Real Asset Acquisition's highest Return-on-Tangible-Equity was 4.96%. The lowest was 4.05%. And the median was 4.96%.

HAM:FL3's Return-on-Tangible-Equity is ranked better than
82.16% of 482 companies
in the Diversified Financial Services industry
Industry Median: 1.65 vs HAM:FL3: 4.05

Real Asset Acquisition  (HAM:FL3) 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.


Real Asset Acquisition Return-on-Tangible-Equity Related Terms


Real Asset Acquisition Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Real Asset Acquisition'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.

Real Asset Acquisition Return-on-Tangible-Equity Chart

Real Asset Acquisition Annual Data
Trend Dec24 Dec25
Return-on-Tangible-Equity
0.00 4.96

Real Asset Acquisition Quarterly Data
Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 2.50 3.96 3.68 2.85

HAM:FL3 vs GTERA, COPL, MKLY: Return-on-Tangible-Equity Comparison

For the Shell Companies subindustry, Real Asset Acquisition'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.


Real Asset Acquisition Return-on-Tangible-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Real Asset Acquisition's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Real Asset Acquisition's Return-on-Tangible-Equity falls into.


HAM:FL3
22GF Score
Real Asset Acquisition Corp HAM:FL3
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Real Asset Acquisition Return-on-Tangible-Equity Calculation

Real Asset Acquisition'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 )
=3.629/( (0.023+146.283 )/ 2 )
=3.629/73.153
=4.96 %

Real Asset Acquisition'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 )
=4.216/( (146.283+149.222)/ 2 )
=4.216/147.7525
=2.85 %

* 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 2.85% mean?
Real Asset Acquisition (HAM:FL3) has a Return-on-Tangible-Equity of 2.85% 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 Real Asset Acquisition and its competitors. This is 43% below median its historical median of 4.96. Over the past decade, Real Asset Acquisition's Return-on-Tangible-Equity has ranged from 4.05 to 4.96. According to the industry distribution chart, Real Asset Acquisition ranks #86 out of 482 companies in the Diversified Financial Services industry, placing it in the top 17.8%.
Is Real Asset Acquisition's Return-on-Tangible-Equity too high?
Real Asset Acquisition's current Return-on-Tangible-Equity of 2.85% is 43% below median its 10-year median of 4.96. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 4.96. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.65. Real Asset Acquisition's value of 2.85% is 72.7% above this industry median. Based on the distribution chart, Real Asset Acquisition ranks #86 out of 482 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Real Asset Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Real Asset Acquisition's Return-on-Tangible-Equity compare to GTERA and COPL?
According to the Diversified Financial Services industry distribution chart, Real Asset Acquisition ranks #86 out of 482 companies for Return-on-Tangible-Equity. This places Real Asset Acquisition in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 1.65. Real Asset Acquisition's value of 2.85% is 72.7% above this benchmark. Historically, Real Asset Acquisition's own Return-on-Tangible-Equity has ranged from 4.05 to 4.96 over the past decade. While the company's 10-year median is 4.96 vs. the industry median of 1.65, Real Asset Acquisition has consistently been above the industry average. 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 1.65, based on 482 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. Real Asset Acquisition's current Return-on-Tangible-Equity of 2.85% is 72.7% above the industry median. 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 Real Asset Acquisition and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Real Asset Acquisition's current Return-on-Tangible-Equity is 2.85%, which is 43% below median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Real Asset Acquisition stock overvalued right now?
Real Asset Acquisition (HAM:FL3) has a current Return-on-Tangible-Equity of 2.85%. The current Return-on-Tangible-Equity is 2.85%, which is 43% below median its 10-year median of 4.96 and 72.7% above the Diversified Financial Services industry median of 1.65. Real Asset Acquisition's overall GF Score™ is 22/100 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 Real Asset Acquisition (HAM:FL3), the current Return-on-Tangible-Equity is 2.85% 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.

Real Asset Acquisition Business Description

Other Exchanges RAAQ:USA
Address 174 Nassau Street, Suite 2100, Princeton, NJ, USA, 08542
Real Asset Acquisition Corp is a blank check company.
22GF 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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