Tron (TRON) Return-on-Tangible-Equity: 37.59% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TRON Tron Inc TRON
12 GF Score
Price $1.47
GF Value $0.04
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tron Return-on-Tangible-Equity?

Tron TRON +5.76% 12 Return-on-Tangible-Equity is 37.59% as of Mar. 2026. GuruFocus rates TRON with a GF Score™ of 12/100 and a GF Value™ of $0.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 796 Travel & Leisure companies, Tron ranks worse than 61.93% 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. Tron's annualized net income for the quarter that ended in Mar. 2026 was $86.51 Mil. Tron's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $230.13 Mil. Therefore, Tron's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 37.59%.

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

TRON' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -131.13   Med: -99.68   Max: 3.38
Current: 3.38

During the past 4 years, Tron's highest Return-on-Tangible-Equity was 3.38%. The lowest was -131.13%. And the median was -99.68%.

TRON's Return-on-Tangible-Equity is ranked worse than
61.93% of 796 companies
in the Travel & Leisure industry
Industry Median: 7.615 vs TRON: 3.38

Tron  (NAS:TRON) 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.


Tron Return-on-Tangible-Equity Related Terms


Tron Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Tron'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.

Tron Return-on-Tangible-Equity Chart

Tron Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Negative Tangible Equity -99.68 -131.13 -15.80

Tron Quarterly Data
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 -108.90 10.58 28.15 -53.28 37.59

TRON vs JOUT, LUCK, FNKO: Return-on-Tangible-Equity Comparison

For the Leisure subindustry, Tron'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.


Tron Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tron's Return-on-Tangible-Equity distribution charts can be found below:

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


TRON
12GF Score
Tron Inc TRON
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tron Return-on-Tangible-Equity Calculation

Tron'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 )
=-16.811/( (2.494+210.316 )/ 2 )
=-16.811/106.405
=-15.80 %

Tron'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 )
=86.512/( (210.316+249.945)/ 2 )
=86.512/230.1305
=37.59 %

* 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 37.59% mean?
Tron (TRON) has a Return-on-Tangible-Equity of 37.59% 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 Tron and its competitors. According to the industry distribution chart, Tron ranks #493 out of 796 companies in the Travel & Leisure industry, placing it in the top 61.9%.
Is Tron's Return-on-Tangible-Equity too high?
Tron's current Return-on-Tangible-Equity is 37.59%. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.62. Tron's value of 37.59% is 393.6% above this industry median. Based on the distribution chart, Tron ranks #493 out of 796 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Tron has a GF Score™ of 12/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tron's Return-on-Tangible-Equity compare to JOUT and LUCK?
According to the Travel & Leisure industry distribution chart, Tron ranks #493 out of 796 companies for Return-on-Tangible-Equity. This places Tron in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.62. Tron's value of 37.59% is 393.6% above this benchmark. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.62, based on 796 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. Tron's current Return-on-Tangible-Equity of 37.59% is 393.6% above the industry median. 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 Tron and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tron's current Return-on-Tangible-Equity is 37.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tron stock overvalued right now?
Based on GuruFocus' analysis, Tron (TRON) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $1.47 — trading 3575% above its estimated fair value. The current Return-on-Tangible-Equity is 37.59% and 393.6% above the Travel & Leisure industry median of 7.62. Tron's overall GF Score™ is 12/100 with 2 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 Tron (TRON), the current Return-on-Tangible-Equity is 37.59% 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 Tron (TRON) Overvalued in 2026?

Based on GuruFocus' analysis, Tron stock appears to be overvalued. The current stock price of $1.47 is trading 3575% above its estimated GF Value™ of $0.04. GuruFocus considers Tron to be Significantly Overvalued.

Key valuation signals for TRON:

  • Return-on-Tangible-Equity: 37.59%
  • GF Value™: $0.04 vs. price of $1.47 (3575% above fair value)
  • GF Score™: 12/100 with 2 warning signs
  • Industry Position: 393.6% above the Travel & Leisure median (#493 of 796)

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


Tron Business Description

Address 941 W Morse Boulevard, Suite 100, Winter Park, FL, USA, 32789
Tron Inc is a publicly traded company pioneering blockchain-integrated treasury strategies. The company is committed to transparency, long-term value creation, and the adoption of decentralized financial tools. The company designs, develops, and manufactures custom merchandise, which includes toys and souvenirs for the world theme parks and other entertainment venues. The products are distributed world-wide at Walt Disney Parks and Resorts, Universal Parks and Destinations, United Parks and Resorts - SeaWorld, Six Flags, and other attractions.
12GF Score

Get the complete analysis for TRON

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

$1.47
Price
$0.04
GF Value