Riot PlatformsMEX:RIOT 68 Return-on-Tangible-Equity is -86.58% as of Mar. 2026. GuruFocus rates MEX:RIOT with a GF Score™ of 68/100 and a GF Value™ of MXN238.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 782 Capital Markets companies, Riot Platforms ranks worse than 90.03% 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. Riot Platforms's annualized net income for the quarter that ended in Mar. 2026 was MXN-36,100 Mil. Riot Platforms's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN41,693 Mil. Therefore, Riot Platforms's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -86.58%.
The historical rank and industry rank for Riot Platforms's Return-on-Tangible-Equity or its related term are showing as below:
MEX:RIOT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -227.49 Med: -26.99 Max: 4.52
Current: -31.38
During the past 13 years, Riot Platforms's highest Return-on-Tangible-Equity was 4.52%. The lowest was -227.49%. And the median was -26.99%.
MEX:RIOT's Return-on-Tangible-Equity is ranked worse than 90.03% of 782
companies
in the Capital Markets industry
Industry Median: 6.485
vs MEX:RIOT: -31.38
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.
Riot Platforms Return-on-Tangible-Equity Related Terms
Riot Platforms Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Riot Platforms'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.
MEX:RIOT vs SNEX, SF, JEF: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Riot Platforms'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.
Riot Platforms Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Riot Platforms's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Riot Platforms'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 -86.58% mean?
Riot Platforms (MEX:RIOT) has a Return-on-Tangible-Equity of -86.58% 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 Riot Platforms and its competitors. According to the industry distribution chart, Riot Platforms ranks #704 out of 782 companies in the Capital Markets industry, placing it in the top 90%.
Is Riot Platforms' Return-on-Tangible-Equity too high?
Riot Platforms' current Return-on-Tangible-Equity is -86.58%. Based on the distribution chart, Riot Platforms ranks #704 out of 782 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Riot Platforms has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riot Platforms' Return-on-Tangible-Equity compare to SNEX and SF?
According to the Capital Markets industry distribution chart, Riot Platforms ranks #704 out of 782 companies for Return-on-Tangible-Equity. This places Riot Platforms in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.49. 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.49, based on 782 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 Riot Platforms and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riot Platforms's current Return-on-Tangible-Equity is -86.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riot Platforms stock overvalued right now?
Based on GuruFocus' analysis, Riot Platforms (MEX:RIOT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN238.56, compared to a current price of MXN386.01 — trading 61.8% above its estimated fair value. The current Return-on-Tangible-Equity is -86.58%. Riot Platforms' overall GF Score™ is 68/100 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 Riot Platforms (MEX:RIOT), the current Return-on-Tangible-Equity is -86.58% 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 Riot Platforms (MEX:RIOT) Overvalued in 2026?
Based on GuruFocus' analysis, Riot Platforms stock appears to be overvalued.
The current stock price of MXN386.01 is trading 61.8% above its estimated GF Value™ of MXN238.56.
GuruFocus considers Riot Platforms to be Significantly Overvalued.
Key valuation signals for MEX:RIOT:
Return-on-Tangible-Equity: -86.58%
GF Value™: MXN238.56 vs. price of MXN386.01 (61.8% above fair value)
No single metric tells the full story. See the MEX:RIOT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Riot Platforms Inc is a vertically integrated digital infrastructure company principally engaged in developing and optimizing its large-scale power assets. The Company's business centers on enhancing its electrical infrastructure and deploying it across two complementary platforms: (i) Bitcoin Mining and (ii) scalable data center solutions designed to support non-mining workloads. The company's segments include Bitcoin Mining and Engineering. The Bitcoin Mining segment generates revenue from the Bitcoin the Company earns through its Bitcoin Mining activities. The Engineering segment generates revenue through customer contracts for custom engineered electrical products. It generates the majority of its revenue from the Bitcoin Mining segment.
68GF Score
Get the complete analysis for MEX:RIOT
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:RIOT has been successfully added to your 
