Birchtech (TSX:BCHT) Return-on-Tangible-Equity: -156.11% (As of Mar. 2026)


TSX:BCHT Birchtech Corp TSX:BCHT
52 GF Score
Price C$2.77
GF Value C$4.76
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Birchtech Return-on-Tangible-Equity?

Birchtech TSX:BCHT -3.48% 52 Return-on-Tangible-Equity is -156.11% as of Mar. 2026. GuruFocus rates TSX:BCHT with a GF Score™ of 52/100 and a GF Value™ of C$4.76 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,977 Industrial Products companies, Birchtech ranks worse than 33590.83% 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. Birchtech's annualized net income for the quarter that ended in Mar. 2026 was C$-7.39 Mil. Birchtech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$4.73 Mil. Therefore, Birchtech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -156.11%.

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

TSX:BCHT's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.77
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Birchtech  (TSX:BCHT) 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.


Birchtech Return-on-Tangible-Equity Related Terms


Birchtech Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Birchtech'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.

Birchtech Return-on-Tangible-Equity Chart

Birchtech 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 0.00 0.00 Negative Tangible Equity 0.00 0.00

Birchtech 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 Negative Tangible Equity 0.00 -156.11

TSX:BCHT vs FTEK, SCWO, CLIR: Return-on-Tangible-Equity Comparison

For the Pollution & Treatment Controls subindustry, Birchtech'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.


Birchtech Return-on-Tangible-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Birchtech's Return-on-Tangible-Equity distribution charts can be found below:

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


TSX:BCHT
52GF Score
Birchtech Corp TSX:BCHT
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Birchtech Return-on-Tangible-Equity Calculation

Birchtech'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 )
=-4.174/( (-0.438+-4.152 )/ 2 )
=-4.174/-2.295
=N/A %

Birchtech'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 )
=-7.388/( (-4.152+13.617)/ 2 )
=-7.388/4.7325
=-156.11 %

* 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 -156.11% mean?
Birchtech (TSX:BCHT) has a Return-on-Tangible-Equity of -156.11% 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 Birchtech and its competitors. According to the industry distribution chart, Birchtech ranks #999999 out of 2977 companies in the Industrial Products industry.
Is Birchtech's Return-on-Tangible-Equity too high?
Birchtech's current Return-on-Tangible-Equity is -156.11%. Based on the distribution chart, Birchtech ranks #999999 out of 2977 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Birchtech has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Birchtech's Return-on-Tangible-Equity compare to FTEK and SCWO?
According to the Industrial Products industry distribution chart, Birchtech ranks #999999 out of 2977 companies for Return-on-Tangible-Equity. This places Birchtech in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.77. 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.77, based on 2,977 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 Birchtech and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Birchtech's current Return-on-Tangible-Equity is -156.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birchtech stock overvalued right now?
Based on GuruFocus' analysis, Birchtech (TSX:BCHT) is currently considered Possible Value Trap. The stock's GF Value™ is C$4.76, compared to a current price of C$2.77 — trading 41.8% below its estimated fair value. The current Return-on-Tangible-Equity is -156.11%. Birchtech's overall GF Score™ is 52/100 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 Birchtech (TSX:BCHT), the current Return-on-Tangible-Equity is -156.11% 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 Birchtech (TSX:BCHT) Overvalued in 2026?

Based on GuruFocus' analysis, Birchtech stock appears to be undervalued. The current stock price of C$2.77 is trading 41.8% below its estimated GF Value™ of C$4.76. GuruFocus considers Birchtech to be Possible Value Trap.

Key valuation signals for TSX:BCHT:

  • Return-on-Tangible-Equity: -156.11%
  • GF Value™: C$4.76 vs. price of C$2.77 (41.8% below fair value)
  • GF Score™: 52/100 with 2 warning signs

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


Birchtech Business Description

Other Exchanges BCHT:USA
Address 1810 Jester Drive, Corsicana, TX, USA, 75109
Birchtech Corp is a provider of specialty activated carbon technologies, delivering solutions for air and water purification. It provides patented and proprietary Sorbent Enhancement Additive (SEA) technologies for mercury emissions capture to the coal-fired utility sector, and is developing water purification technologies with a specialization on forever chemicals such as PFAS and PFOS. Geographically, the company derives all of its revenue from the United States.
52GF Score

Get the complete analysis for TSX:BCHT

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

C$2.77
Price
C$4.76
GF Value