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AF3 CapitalTSXV:AFC.P 15 Return-on-Tangible-Equity is -5.78% as of Dec. 2025. GuruFocus rates TSXV:AFC.P with a GF Score™ of 15/100. Among 481 Diversified Financial Services companies, AF3 Capital ranks worse than 76.51% 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. AF3 Capital's annualized net income for the quarter that ended in Dec. 2025 was C$-0.01 Mil. AF3 Capital's average shareholder tangible equity for the quarter that ended in Dec. 2025 was C$0.09 Mil. Therefore, AF3 Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -5.78%.
The historical rank and industry rank for AF3 Capital's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:AFC.P'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.78 Med: -5.78 Max: -5.78
Current: -5.78
During the past 2 years, AF3 Capital's highest Return-on-Tangible-Equity was -5.78%. The lowest was -5.78%. And the median was -5.78%.
TSXV:AFC.P's Return-on-Tangible-Equity is ranked worse than 76.51% of 481
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs TSXV:AFC.P: -5.78
AF3 Capital (TSXV:AFC.P) 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.
AF3 Capital Return-on-Tangible-Equity Related Terms
AF3 Capital Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AF3 Capital'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.
AF3 Capital Return-on-Tangible-Equity Chart
AF3 Capital Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Equity
0.00
-5.78
AF3 Capital Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Equity
0.00
-5.78
TSXV:AFC.P vs XXI, CCXI, DMII: Return-on-Tangible-Equity Comparison
For the Shell Companies subindustry, AF3 Capital'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.
AF3 Capital Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, AF3 Capital's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AF3 Capital'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 one times the annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -5.78% mean?
AF3 Capital (TSXV:AFC.P) has a Return-on-Tangible-Equity of -5.78% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on AF3 Capital and its competitors. According to the industry distribution chart, AF3 Capital ranks #368 out of 481 companies in the Diversified Financial Services industry, placing it in the top 76.5%.
Is AF3 Capital's Return-on-Tangible-Equity too high?
AF3 Capital's current Return-on-Tangible-Equity is -5.78%. Based on the distribution chart, AF3 Capital ranks #368 out of 481 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, AF3 Capital has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does AF3 Capital's Return-on-Tangible-Equity compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, AF3 Capital ranks #368 out of 481 companies for Return-on-Tangible-Equity. This places AF3 Capital in the lower half of its industry. The industry median Return-on-Tangible-Equity is 1.65. 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 Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.65, based on 481 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 AF3 Capital and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AF3 Capital's current Return-on-Tangible-Equity is -5.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF3 Capital stock overvalued right now?
AF3 Capital (TSXV:AFC.P) has a current Return-on-Tangible-Equity of -5.78%. The current Return-on-Tangible-Equity is -5.78%. AF3 Capital's overall GF Score™ is 15/100. 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 AF3 Capital (TSXV:AFC.P), the current Return-on-Tangible-Equity is -5.78% as of Dec. 2025. 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.
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