TRZBF (Transat AT) Return-on-Tangible-Equity: 0.00% (As of Apr. 2026)

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TRZBF Transat AT Inc TRZBF
75 GF Score
Price $1.67
GF Value $1.94
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Transat AT Return-on-Tangible-Equity?

Transat AT TRZBF 75 Return-on-Tangible-Equity is 0.00% as of Apr. 2026. GuruFocus rates TRZBF with a GF Score™ of 75/100 and a GF Value™ of $1.94 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 796 Travel & Leisure companies, Transat AT ranks better than 99.87% 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. Transat AT's annualized net income for the quarter that ended in Apr. 2026 was $-230 Mil. Transat AT's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $-534 Mil. Therefore, Transat AT's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was N/A%.

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

TRZBF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -176.9   Med: -6.04   Max: 28.51
Current: Negative Tangible Equity

During the past 13 years, Transat AT's highest Return-on-Tangible-Equity was 28.51%. The lowest was -176.90%. And the median was -6.04%.

TRZBF's Return-on-Tangible-Equity is ranked better than
99.87% of 796 companies
in the Travel & Leisure industry
Industry Median: 7.615 vs TRZBF: Negative Tangible Equity

Transat AT  (OTCPK:TRZBF) 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.


Transat AT Return-on-Tangible-Equity Related Terms


Transat AT Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Transat AT'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.

Transat AT Return-on-Tangible-Equity Chart

Transat AT Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 Negative Tangible Equity

Transat AT Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 Negative Tangible Equity 0.00 0.00 0.00

TRZBF vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison

For the Travel Services subindustry, Transat AT'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.


Transat AT Return-on-Tangible-Equity vs Travel & Leisure Industry

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

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


TRZBF
75GF Score
Transat AT Inc TRZBF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transat AT Return-on-Tangible-Equity Calculation

Transat AT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=172.945/( (-655.764+-476.183 )/ 2 )
=172.945/-565.9735
=Negative Tangible Equity %

Transat AT's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=-229.732/( (-504.73+-562.305)/ 2 )
=-229.732/-533.5175
=N/A %

* 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 (Apr. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Transat AT (TRZBF) has a Return-on-Tangible-Equity of 0.00% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Transat AT and its competitors. According to the industry distribution chart, Transat AT ranks #1 out of 796 companies in the Travel & Leisure industry, placing it in the top 0.099999999999994%.
Is Transat AT's Return-on-Tangible-Equity too high?
Transat AT's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Transat AT ranks #1 out of 796 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Transat AT has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transat AT's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Transat AT ranks #1 out of 796 companies for Return-on-Tangible-Equity. This places Transat AT in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.62. 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. 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 Transat AT 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. Transat AT's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transat AT stock overvalued right now?
Based on GuruFocus' analysis, Transat AT (TRZBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.94, compared to a current price of $1.67 — trading 13.9% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Transat AT's overall GF Score™ is 75/100 with 4 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 Transat AT (TRZBF), the current Return-on-Tangible-Equity is 0.00% as of Apr. 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 Transat AT (TRZBF) Overvalued in 2026?

Based on GuruFocus' analysis, Transat AT stock appears to be undervalued. The current stock price of $1.67 is trading 13.9% below its estimated GF Value™ of $1.94. GuruFocus considers Transat AT to be Modestly Undervalued.

Key valuation signals for TRZBF:

  • Return-on-Tangible-Equity: 0.00%
  • GF Value™: $1.94 vs. price of $1.67 (13.9% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Transat AT Business Description

Other Exchanges TRZ:Canada
Address 300, Leo-Pariseau, Bureau 600, Montreal, QC, CAN, H2X 4C2
Transat AT Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.
75GF Score

Get the complete analysis for TRZBF

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

$1.67
Price
$1.94
GF Value