Air Astana JSCLSE:AIRA +0.36%46 Return-on-Tangible-Equity is -23.87% as of Mar. 2026. GuruFocus rates LSE:AIRA with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 974 Transportation companies, Air Astana JSC ranks worse than 81.11% 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. Air Astana JSC's annualized net income for the quarter that ended in Mar. 2026 was $-84 Mil. Air Astana JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $353 Mil. Therefore, Air Astana JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -23.87%.
The historical rank and industry rank for Air Astana JSC's Return-on-Tangible-Equity or its related term are showing as below:
LSE:AIRA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -560.43 Med: 28.06 Max: 91.77
Current: 0.85
During the past 6 years, Air Astana JSC's highest Return-on-Tangible-Equity was 91.77%. The lowest was -560.43%. And the median was 28.06%.
LSE:AIRA's Return-on-Tangible-Equity is ranked worse than 81.11% of 974
companies
in the Transportation industry
Industry Median: 8.985
vs LSE:AIRA: 0.85
Air Astana JSC (LSE:AIRA) 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.
Air Astana JSC Return-on-Tangible-Equity Related Terms
Air Astana JSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Air Astana JSC'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.
LSE:AIRA vs DAL, UAL, LUV: Return-on-Tangible-Equity Comparison
For the Airlines subindustry, Air Astana JSC'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.
Air Astana JSC Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Air Astana JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Air Astana JSC'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 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 -23.87% mean?
Air Astana JSC (LSE:AIRA) has a Return-on-Tangible-Equity of -23.87% 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 Air Astana JSC and its competitors. According to the industry distribution chart, Air Astana JSC ranks #790 out of 974 companies in the Transportation industry, placing it in the top 81.1%.
Is Air Astana JSC's Return-on-Tangible-Equity too high?
Air Astana JSC's current Return-on-Tangible-Equity is -23.87%. Based on the distribution chart, Air Astana JSC ranks #790 out of 974 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air Astana JSC has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Air Astana JSC's Return-on-Tangible-Equity compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Astana JSC ranks #790 out of 974 companies for Return-on-Tangible-Equity. This places Air Astana JSC in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.99. 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 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 Air Astana JSC and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Astana JSC's current Return-on-Tangible-Equity is -23.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Astana JSC stock overvalued right now?
Air Astana JSC (LSE:AIRA) has a current Return-on-Tangible-Equity of -23.87%. The current Return-on-Tangible-Equity is -23.87%. Air Astana JSC's overall GF Score™ is 46/100 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 Air Astana JSC (LSE:AIRA), the current Return-on-Tangible-Equity is -23.87% 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.
Air Astana JSC is an airline company engaged in providing scheduled and charter, point-to-point and transit, short-haul and long-haul passenger air transportation and cargo services on domestic, regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East, and Asia (including India and China). The group has two reportable segments. The Air Astana segment operates as a full-service airline brand providing domestic and international passenger and cargo transportation services. The FlyArystan segment operates as a low-cost airline brand providing scheduled short-haul and medium-haul passenger air transportation services across Kazakhstan and neighboring regions, including the Caucasus, Central Asia, Turkey, and the Middle East.
46GF Score
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