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Next Phase VenturesTSXV:NPV Return-on-Tangible-Equity is 0.00% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, Next Phase Ventures ranks worse than 53134.91% 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. Next Phase Ventures's annualized net income for the quarter that ended in Mar. 2026 was C$-0.40 Mil. Next Phase Ventures's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$-1.32 Mil. Therefore, Next Phase Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Next Phase Ventures's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:NPV's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.05 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Next Phase Ventures (TSXV:NPV) 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.
Next Phase Ventures Return-on-Tangible-Equity Related Terms
Next Phase Ventures Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Next Phase Ventures'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.
Next Phase Ventures Return-on-Tangible-Equity Chart
TSXV:NPV vs ADM, BG, TSN: Return-on-Tangible-Equity Comparison
For the Farm Products subindustry, Next Phase Ventures'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.
Next Phase Ventures Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Next Phase Ventures's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Next Phase Ventures'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 0.00% mean?
Next Phase Ventures (TSXV:NPV) has a Return-on-Tangible-Equity of 0.00% 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 Next Phase Ventures and its competitors. According to the industry distribution chart, Next Phase Ventures ranks #999999 out of 1882 companies in the Consumer Packaged Goods industry.
Is Next Phase Ventures' Return-on-Tangible-Equity too high?
Next Phase Ventures' current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Next Phase Ventures ranks #999999 out of 1882 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers.
How does Next Phase Ventures' Return-on-Tangible-Equity compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Next Phase Ventures ranks #999999 out of 1882 companies for Return-on-Tangible-Equity. This places Next Phase Ventures in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.05. 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 8.05, based on 1,882 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 Next Phase Ventures and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Phase Ventures's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Phase Ventures stock overvalued right now?
Next Phase Ventures (TSXV:NPV) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Next Phase Ventures (TSXV:NPV), the current Return-on-Tangible-Equity is 0.00% 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.
Next Phase Ventures Ltd is focused on evaluating, developing, and operating businesses across emerging and evolving markets. The Company is focused on identifying strategic opportunities that leverage public markets access, operational experience, and scalable business platforms to support long-term shareholder value creation. The group continues to maintain interests in its existing operating subsidiaries that engage in a nature-based carbon solutions platform supporting the development of high-integrity carbon credit programs utilizing industrial hemp and digital measurement, reporting, and verification frameworks aligned with ISO 14064-2 standards.
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