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African Media EntertainmentJSE:AME 84 Return-on-Tangible-Equity is 19.64% as of Mar. 2026, which is 18% above its 10-year median of 16.71. GuruFocus rates JSE:AME with a GF Score™ of 84/100 and a GF Value™ of R48.75 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 864 Media - Diversified companies, African Media Entertainment ranks better than 71.76% 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. African Media Entertainment's annualized net income for the quarter that ended in Mar. 2026 was R61.3 Mil. African Media Entertainment's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R311.8 Mil. Therefore, African Media Entertainment's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.64%.
The historical rank and industry rank for African Media Entertainment's Return-on-Tangible-Equity or its related term are showing as below:
JSE:AME'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.14 Med: 16.71 Max: 26.7
Current: 16.42
During the past 13 years, African Media Entertainment's highest Return-on-Tangible-Equity was 26.70%. The lowest was 0.14%. And the median was 16.71%.
JSE:AME's Return-on-Tangible-Equity is ranked better than 71.76% of 864
companies
in the Media - Diversified industry
Industry Median: 5.44
vs JSE:AME: 16.42
African Media Entertainment (JSE:AME) 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.
African Media Entertainment Return-on-Tangible-Equity Related Terms
African Media Entertainment 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.
African Media Entertainment Return-on-Tangible-Equity Chart
JSE:AME vs NXST: Return-on-Tangible-Equity Comparison
For the Broadcasting subindustry, African Media Entertainment'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.
African Media Entertainment Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, African Media Entertainment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where African Media Entertainment'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 (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 19.64% mean?
African Media Entertainment (JSE:AME) has a Return-on-Tangible-Equity of 19.64% 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 African Media Entertainment and its competitors. This is 18% above median its historical median of 16.71. Over the past decade, African Media Entertainment's Return-on-Tangible-Equity has ranged from 0.14 to 26.70. According to the industry distribution chart, African Media Entertainment ranks #244 out of 864 companies in the Media - Diversified industry, placing it in the top 28.2%.
Is African Media Entertainment's Return-on-Tangible-Equity too high?
African Media Entertainment's current Return-on-Tangible-Equity of 19.64% is 18% above median its 10-year median of 16.71. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 26.70. The Media - Diversified industry median Return-on-Tangible-Equity is 5.44. African Media Entertainment's value of 19.64% is 261% above this industry median. Based on the distribution chart, African Media Entertainment ranks #244 out of 864 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, African Media Entertainment has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does African Media Entertainment's Return-on-Tangible-Equity compare to NXST?
According to the Media - Diversified industry distribution chart, African Media Entertainment ranks #244 out of 864 companies for Return-on-Tangible-Equity. This puts African Media Entertainment in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.44. African Media Entertainment's value of 19.64% is 261% above this benchmark. Historically, African Media Entertainment's own Return-on-Tangible-Equity has ranged from 0.14 to 26.70 over the past decade. While the company's 10-year median is 16.71 vs. the industry median of 5.44, African Media Entertainment 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.44, based on 864 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. African Media Entertainment's current Return-on-Tangible-Equity of 19.64% is 261% 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 African Media Entertainment and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. African Media Entertainment's current Return-on-Tangible-Equity is 19.64%, which is 18% above median its own 10-year median of 16.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Media Entertainment stock overvalued right now?
Based on GuruFocus' analysis, African Media Entertainment (JSE:AME) is currently considered Modestly Overvalued. The stock's GF Value™ is R48.75, compared to a current price of R55.00 — trading 12.8% above its estimated fair value. The current Return-on-Tangible-Equity is 19.64%, which is 18% above median its 10-year median of 16.71 and 261% above the Media - Diversified industry median of 5.44. African Media Entertainment's overall GF Score™ is 84/100 with 5 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 African Media Entertainment (JSE:AME), the current Return-on-Tangible-Equity is 19.64% 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 African Media Entertainment (JSE:AME) Overvalued in 2026?
Based on GuruFocus' analysis, African Media Entertainment stock appears to be overvalued.
The current stock price of R55.00 is trading 12.8% above its estimated GF Value™ of R48.75.
GuruFocus considers African Media Entertainment to be Modestly Overvalued.
Key valuation signals for JSE:AME:
Return-on-Tangible-Equity: 19.64% (18% above median its 10-year median of 16.71)
GF Value™: R48.75 vs. price of R55.00 (12.8% above fair value)
Industry Position: 261% above the Media - Diversified median (#244 of 864)
No single metric tells the full story. See the JSE:AME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.
84GF Score
Get the complete analysis for JSE:AME
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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