Atha EnergySASKF +2.48%14 Return-on-Tangible-Equity is -9.99% as of Mar. 2026. GuruFocus rates SASKF with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 177 Other Energy Sources companies, Atha Energy ranks worse than 62.15% 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. Atha Energy's annualized net income for the quarter that ended in Mar. 2026 was $-16.61 Mil. Atha Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $166.31 Mil. Therefore, Atha Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -9.99%.
The historical rank and industry rank for Atha Energy's Return-on-Tangible-Equity or its related term are showing as below:
SASKF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.2 Med: -16.94 Max: -3.93
Current: -5.61
During the past 5 years, Atha Energy's highest Return-on-Tangible-Equity was -3.93%. The lowest was -29.20%. And the median was -16.94%.
SASKF's Return-on-Tangible-Equity is ranked worse than 62.15% of 177
companies
in the Other Energy Sources industry
Industry Median: 0.88
vs SASKF: -5.61
Atha Energy (OTCPK:SASKF) 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.
Atha Energy Return-on-Tangible-Equity Related Terms
Atha Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Atha Energy'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.
SASKF vs UEC, LEU: Return-on-Tangible-Equity Comparison
For the Uranium subindustry, Atha Energy'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.
Atha Energy Return-on-Tangible-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Atha Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Atha Energy'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 -9.99% mean?
Atha Energy (SASKF) has a Return-on-Tangible-Equity of -9.99% 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 Atha Energy and its competitors. According to the industry distribution chart, Atha Energy ranks #110 out of 177 companies in the Other Energy Sources industry, placing it in the top 62.1%.
Is Atha Energy's Return-on-Tangible-Equity too high?
Atha Energy's current Return-on-Tangible-Equity is -9.99%. Based on the distribution chart, Atha Energy ranks #110 out of 177 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Atha Energy has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Atha Energy's Return-on-Tangible-Equity compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Atha Energy ranks #110 out of 177 companies for Return-on-Tangible-Equity. This places Atha Energy in the lower half of its industry. The industry median Return-on-Tangible-Equity is 0.88. 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 an Other Energy Sources company?
The median Return-on-Tangible-Equity among Other Energy Sources companies is 0.88, based on 177 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 Atha Energy and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Equity is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atha Energy's current Return-on-Tangible-Equity is -9.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atha Energy stock overvalued right now?
Atha Energy (SASKF) has a current Return-on-Tangible-Equity of -9.99%. The current Return-on-Tangible-Equity is -9.99%. Atha Energy's overall GF Score™ is 14/100 with 1 warning sign 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 Atha Energy (SASKF), the current Return-on-Tangible-Equity is -9.99% 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.
Atha Energy Corp is a mineral company engaged in the acquisition, exploration, and development of uranium assets in Canada. The company owns uranium projects in the Angikuni and Thelon Basins located in Nunavut, the Athabasca Basin located in Saskatchewan and the Central Mineral Belt located in Newfoundland and Labrador. In addition, the Company holds the cumulative prospective exploration land package in two basins for uranium discoveries. The group also holds an interest in key Athabasca Basin exploration projects operated by NexGen Energy Ltd. and IsoEnergy Ltd.
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