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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. Queen's Road Capital Investment's annualized net income for the quarter that ended in May. 2026 was C$-334.65 Mil. Queen's Road Capital Investment's average shareholder tangible equity for the quarter that ended in May. 2026 was C$771.43 Mil. Therefore, Queen's Road Capital Investment's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2026 was -43.38%.
The historical rank and industry rank for Queen's Road Capital Investment's Return-on-Tangible-Equity or its related term are showing as below:
TSX:QRC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -60.19 Med: 7.47 Max: 341.02
Current: 51.43
During the past 13 years, Queen's Road Capital Investment's highest Return-on-Tangible-Equity was 341.02%. The lowest was -60.19%. And the median was 7.47%.
TSX:QRC's Return-on-Tangible-Equity is ranked better than 93.83% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs TSX:QRC: 51.43
Queen's Road Capital Investment (TSX:QRC) 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.
Queen's Road Capital Investment Return-on-Tangible-Equity Related Terms
Queen's Road Capital Investment Return-on-Tangible-Equity Historical Data
* 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.
Queen's Road Capital Investment Return-on-Tangible-Equity Chart
TSX:QRC vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Queen's Road Capital Investment'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.
Queen's Road Capital Investment Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Queen's Road Capital Investment's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Queen's Road Capital Investment'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 (May. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -43.38% mean?
Queen's Road Capital Investment (TSX:QRC) has a Return-on-Tangible-Equity of -43.38% as of May. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Queen's Road Capital Investment and its competitors. According to the industry distribution chart, Queen's Road Capital Investment ranks #98 out of 1589 companies in the Asset Management industry, placing it in the top 6.2%.
Is Queen's Road Capital Investment's Return-on-Tangible-Equity too high?
Queen's Road Capital Investment's current Return-on-Tangible-Equity is -43.38%. Based on the distribution chart, Queen's Road Capital Investment ranks #98 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Queen's Road Capital Investment has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Queen's Road Capital Investment's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Queen's Road Capital Investment ranks #98 out of 1589 companies for Return-on-Tangible-Equity. This places Queen's Road Capital Investment in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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 Queen's Road Capital Investment and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Queen's Road Capital Investment's current Return-on-Tangible-Equity is -43.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Queen's Road Capital Investment stock overvalued right now?
Based on GuruFocus' analysis, Queen's Road Capital Investment (TSX:QRC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.12, compared to a current price of C$13.40 — trading 10.6% above its estimated fair value. The current Return-on-Tangible-Equity is -43.38%. Queen's Road Capital Investment's overall GF Score™ is 72/100 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 Queen's Road Capital Investment (TSX:QRC), the current Return-on-Tangible-Equity is -43.38% as of May. 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 Queen's Road Capital Investment (TSX:QRC) Overvalued in 2026?
Based on GuruFocus' analysis, Queen's Road Capital Investment stock appears to be overvalued.
The current stock price of C$13.40 is trading 10.6% above its estimated GF Value™ of C$12.12.
GuruFocus considers Queen's Road Capital Investment to be Modestly Overvalued.
Key valuation signals for TSX:QRC:
Return-on-Tangible-Equity: -43.38%
GF Value™: C$12.12 vs. price of C$13.40 (10.6% above fair value)
No single metric tells the full story. See the TSX:QRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Queen's Road Capital Investment Business Description
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.
72GF Score
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