Trulieve Cannabis (STU:T0A) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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STU:T0A Trulieve Cannabis Corp STU:T0A
68 GF Score
Price €7.27
GF Value €5.23
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Trulieve Cannabis Return-on-Tangible-Equity?

Trulieve Cannabis STU:T0A -2.42% 68 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates STU:T0A with a GF Score™ of 68/100 and a GF Value™ of €5.23 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 899 Drug Manufacturers companies, Trulieve Cannabis ranks worse than 111234.59% 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. Trulieve Cannabis's annualized net income for the quarter that ended in Mar. 2026 was €8 Mil. Trulieve Cannabis's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €-94 Mil. Therefore, Trulieve Cannabis's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Trulieve Cannabis's Return-on-Tangible-Equity or its related term are showing as below:

During the past 10 years, Trulieve Cannabis's highest Return-on-Tangible-Equity was 54.73%. The lowest was -626.22%. And the median was 14.80%.

STU:T0A's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.95
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Trulieve Cannabis  (STU:T0A) 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.


Trulieve Cannabis Return-on-Tangible-Equity Related Terms


Trulieve Cannabis Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Trulieve Cannabis'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.

Trulieve Cannabis Return-on-Tangible-Equity Chart

Trulieve Cannabis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 -122.74 -609.70 0.00 0.00

Trulieve Cannabis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 Negative Tangible Equity

STU:T0A vs HROW, ANIP, AMLX: Return-on-Tangible-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Trulieve Cannabis'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.


Trulieve Cannabis Return-on-Tangible-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Trulieve Cannabis's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Trulieve Cannabis's Return-on-Tangible-Equity falls into.


STU:T0A
68GF Score
Trulieve Cannabis Corp STU:T0A
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trulieve Cannabis Return-on-Tangible-Equity Calculation

Trulieve Cannabis's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-99.389/( (-78.406+-103.366 )/ 2 )
=-99.389/-90.886
=N/A %

Trulieve Cannabis's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=8.324/( (-103.366+-83.801)/ 2 )
=8.324/-93.5835
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Trulieve Cannabis (STU:T0A) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Trulieve Cannabis and its competitors. According to the industry distribution chart, Trulieve Cannabis ranks #999999 out of 899 companies in the Drug Manufacturers industry.
Is Trulieve Cannabis' Return-on-Tangible-Equity too high?
Trulieve Cannabis' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Trulieve Cannabis ranks #999999 out of 899 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Trulieve Cannabis has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trulieve Cannabis' Return-on-Tangible-Equity compare to HROW and ANIP?
According to the Drug Manufacturers industry distribution chart, Trulieve Cannabis ranks #999999 out of 899 companies for Return-on-Tangible-Equity. This places Trulieve Cannabis in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.95. 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 Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.95, based on 899 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 Trulieve Cannabis and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trulieve Cannabis's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trulieve Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Trulieve Cannabis (STU:T0A) is currently considered Significantly Overvalued. The stock's GF Value™ is €5.23, compared to a current price of €7.27 — trading 39% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Trulieve Cannabis' overall GF Score™ is 68/100 with 6 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 Trulieve Cannabis (STU:T0A), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Trulieve Cannabis (STU:T0A) Overvalued in 2026?

Based on GuruFocus' analysis, Trulieve Cannabis stock appears to be overvalued. The current stock price of €7.27 is trading 39% above its estimated GF Value™ of €5.23. GuruFocus considers Trulieve Cannabis to be Significantly Overvalued.

Key valuation signals for STU:T0A:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: €5.23 vs. price of €7.27 (39% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the STU:T0A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trulieve Cannabis Business Description

Other Exchanges TRLV:USATRUL:Canada
Address 3494 Martin Hurst Road, Tallahassee, FL, USA, 32312
Trulieve Cannabis Corp is a vertically integrated cannabis company that grows, produces, and sells cannabis products. It has licenses to operate in Arizona, Colorado, Connecticut, Florida, Georgia, Maryland, Ohio, Pennsylvania, and West Virginia, where it sells medical cannabis products. In addition, the company sells cannabis products for adult use in Arizona, Colorado, Connecticut, Maryland, and Ohio. The firm's operations are substantially located in Florida and, to a lesser extent, in Arizona and Pennsylvania.
68GF Score

Get the complete analysis for STU:T0A

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.27
Price
€5.23
GF Value