Pineapple FinancialPAPL -2.94%10 Return-on-Tangible-Equity is -942.86% as of Feb. 2026. GuruFocus rates PAPL with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 1,525 Banks companies, Pineapple Financial ranks worse than 100% 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. Pineapple Financial's annualized net income for the quarter that ended in Feb. 2026 was $-77.98 Mil. Pineapple Financial's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $8.27 Mil. Therefore, Pineapple Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -942.86%.
The historical rank and industry rank for Pineapple Financial's Return-on-Tangible-Equity or its related term are showing as below:
PAPL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1214.42 Med: -51.84 Max: -3.4
Current: -1214.42
During the past 5 years, Pineapple Financial's highest Return-on-Tangible-Equity was -3.40%. The lowest was -1,214.42%. And the median was -51.84%.
PAPL's Return-on-Tangible-Equity is ranked worse than 100% of 1525
companies
in the Banks industry
Industry Median: 11.2
vs PAPL: -1214.42
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.
Pineapple Financial Return-on-Tangible-Equity Related Terms
Pineapple Financial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Pineapple Financial'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.
PAPL vs MMCP, BLNE, LFLS: Return-on-Tangible-Equity Comparison
For the Mortgage Finance subindustry, Pineapple Financial'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.
Pineapple Financial Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Pineapple Financial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Pineapple Financial'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -942.86% mean?
Pineapple Financial (PAPL) has a Return-on-Tangible-Equity of -942.86% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Pineapple Financial and its competitors. According to the industry distribution chart, Pineapple Financial ranks #1525 out of 1525 companies in the Banks industry.
Is Pineapple Financial's Return-on-Tangible-Equity too high?
Pineapple Financial's current Return-on-Tangible-Equity is -942.86%. Based on the distribution chart, Pineapple Financial ranks #1525 out of 1525 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Pineapple Financial has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Pineapple Financial's Return-on-Tangible-Equity compare to MMCP and BLNE?
According to the Banks industry distribution chart, Pineapple Financial ranks #1525 out of 1525 companies for Return-on-Tangible-Equity. This places Pineapple Financial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.20. 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,525 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 Pineapple Financial and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pineapple Financial's current Return-on-Tangible-Equity is -942.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pineapple Financial stock overvalued right now?
Pineapple Financial (PAPL) has a current Return-on-Tangible-Equity of -942.86%. The current Return-on-Tangible-Equity is -942.86%. Pineapple Financial's overall GF Score™ is 10/100 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 Pineapple Financial (PAPL), the current Return-on-Tangible-Equity is -942.86% as of Feb. 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.
Pineapple Financial Inc is a Canada-based mortgage technology and brokerage company that provides mortgage brokerage services and technology solutions to Canadian mortgage agents, brokers, sub-brokers, brokerages, and consumers. Through its data-driven systems together with cloud-based tools, it offers advantages in the Canadian mortgage industry relative to alternative mortgage broker arrangements and also provides back office services.
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