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. Tilray Brands's annualized net income for the quarter that ended in Feb. 2026 was C$-145 Mil. Tilray Brands's average shareholder tangible equity for the quarter that ended in Feb. 2026 was C$1,099 Mil. Therefore, Tilray Brands's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -13.20%.
The historical rank and industry rank for Tilray Brands's Return-on-Tangible-Equity or its related term are showing as below:
TSX:TLRY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -357.49 Med: -38.9 Max: 8.74
Current: -183.21
During the past 13 years, Tilray Brands's highest Return-on-Tangible-Equity was 8.74%. The lowest was -357.49%. And the median was -38.90%.
TSX:TLRY's Return-on-Tangible-Equity is ranked worse than 97.22% of 898
companies
in the Drug Manufacturers industry
Industry Median: 7.88
vs TSX:TLRY: -183.21
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.
Tilray Brands Return-on-Tangible-Equity Related Terms
Tilray Brands Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tilray Brands'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.
TSX:TLRY vs AQST, EOLS, NIKA: Return-on-Tangible-Equity Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands'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.
Tilray Brands Return-on-Tangible-Equity vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Tilray Brands's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tilray Brands'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -13.20% mean?
Tilray Brands (TSX:TLRY) has a Return-on-Tangible-Equity of -13.20% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tilray Brands and its competitors. According to the industry distribution chart, Tilray Brands ranks #873 out of 898 companies in the Drug Manufacturers industry, placing it in the top 97.2%.
Is Tilray Brands' Return-on-Tangible-Equity too high?
Tilray Brands' current Return-on-Tangible-Equity is -13.20%. Based on the distribution chart, Tilray Brands ranks #873 out of 898 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Tilray Brands has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tilray Brands' Return-on-Tangible-Equity compare to AQST and EOLS?
According to the Drug Manufacturers industry distribution chart, Tilray Brands ranks #873 out of 898 companies for Return-on-Tangible-Equity. This places Tilray Brands in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.88. 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 7.88, based on 898 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 Tilray Brands and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tilray Brands's current Return-on-Tangible-Equity is -13.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tilray Brands stock overvalued right now?
Based on GuruFocus' analysis, Tilray Brands (TSX:TLRY) is currently considered Possible Value Trap. The stock's GF Value™ is C$17.43, compared to a current price of C$6.52 — trading 62.6% below its estimated fair value. The current Return-on-Tangible-Equity is -13.20%. Tilray Brands' overall GF Score™ is 61/100 with 5 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 Tilray Brands (TSX:TLRY), the current Return-on-Tangible-Equity is -13.20% as of Feb. 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 Tilray Brands (TSX:TLRY) Overvalued in 2026?
Based on GuruFocus' analysis, Tilray Brands stock appears to be undervalued.
The current stock price of C$6.52 is trading 62.6% below its estimated GF Value™ of C$17.43.
GuruFocus considers Tilray Brands to be Possible Value Trap.
Key valuation signals for TSX:TLRY:
Return-on-Tangible-Equity: -13.20%
GF Value™: C$17.43 vs. price of C$6.52 (62.6% below fair value)
No single metric tells the full story. See the TSX:TLRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. US exposure comes mainly from alcohol.
61GF Score
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