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. Astron Connect's annualized net income for the quarter that ended in Mar. 2026 was C$-0.44 Mil. Astron Connect's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$1.19 Mil. Therefore, Astron Connect's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -36.55%.
The historical rank and industry rank for Astron Connect's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:AST'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -285.71 Med: -150.46 Max: -52.66
Current: -52.66
During the past 9 years, Astron Connect's highest Return-on-Tangible-Equity was -52.66%. The lowest was -285.71%. And the median was -150.46%.
TSXV:AST's Return-on-Tangible-Equity is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 7.715
vs TSXV:AST: -52.66
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.
Astron Connect Return-on-Tangible-Equity Related Terms
Astron Connect Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Astron Connect'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.
TSXV:AST vs KHC, K, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Astron Connect'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.
Astron Connect Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Astron Connect's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Astron Connect'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 (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 -36.55% mean?
Astron Connect (TSXV:AST) has a Return-on-Tangible-Equity of -36.55% 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 Astron Connect and its competitors.
Is Astron Connect's Return-on-Tangible-Equity too high?
Astron Connect's current Return-on-Tangible-Equity is -36.55%.
How does Astron Connect's Return-on-Tangible-Equity compare to KHC and K?
Astron Connect's Return-on-Tangible-Equity of -36.55% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Equity is 7.72. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.72, based on 1,872 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 Astron Connect and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astron Connect's current Return-on-Tangible-Equity is -36.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Connect stock overvalued right now?
Astron Connect (TSXV:AST) has a current Return-on-Tangible-Equity of -36.55%. The stock's GF Value™ is C$0.02, compared to a current price of C$0.03 — trading 50% above its estimated fair value. The current Return-on-Tangible-Equity is -36.55%. 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 Astron Connect (TSXV:AST), the current Return-on-Tangible-Equity is -36.55% 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.
Astron Connect Inc is engaged in the business of distribution and sale of beverage and food products in Canada, China and other markets. It supports Canadian food and beverage companies in exporting products to China and other emerging markets through its distribution network and logistics services. The company's brands, Manna Water and Sachiel Water, supply China and other emerging markets with pure Canadian bottled spring water.
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