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. Trans Canada Gold's annualized net income for the quarter that ended in Mar. 2026 was $-0.60 Mil. Trans Canada Gold's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $0.41 Mil. Therefore, Trans Canada Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -148.40%.
The historical rank and industry rank for Trans Canada Gold's Return-on-Tangible-Equity or its related term are showing as below:
TTGXF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -586.67 Med: -97.77 Max: -29.36
Current: -135.39
During the past 13 years, Trans Canada Gold's highest Return-on-Tangible-Equity was -29.36%. The lowest was -586.67%. And the median was -97.77%.
TTGXF's Return-on-Tangible-Equity is ranked worse than 95.23% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs TTGXF: -135.39
Trans Canada Gold (OTCPK:TTGXF) 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.
Trans Canada Gold Return-on-Tangible-Equity Related Terms
Trans Canada Gold Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Trans Canada Gold'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.
TTGXF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Trans Canada Gold'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.
Trans Canada Gold Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trans Canada Gold's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Trans Canada Gold'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 -148.40% mean?
Trans Canada Gold (TTGXF) has a Return-on-Tangible-Equity of -148.40% 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 Trans Canada Gold and its competitors. According to the industry distribution chart, Trans Canada Gold ranks #899 out of 944 companies in the Oil & Gas industry, placing it in the top 95.2%.
Is Trans Canada Gold's Return-on-Tangible-Equity too high?
Trans Canada Gold's current Return-on-Tangible-Equity is -148.40%. Based on the distribution chart, Trans Canada Gold ranks #899 out of 944 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Trans Canada Gold has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trans Canada Gold's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Trans Canada Gold ranks #899 out of 944 companies for Return-on-Tangible-Equity. This places Trans Canada Gold in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 944 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 Trans Canada Gold and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trans Canada Gold's current Return-on-Tangible-Equity is -148.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans Canada Gold stock overvalued right now?
Based on GuruFocus' analysis, Trans Canada Gold (TTGXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.10 — trading 142.5% above its estimated fair value. The current Return-on-Tangible-Equity is -148.40%. Trans Canada Gold's overall GF Score™ is 40/100 with 2 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 Trans Canada Gold (TTGXF), the current Return-on-Tangible-Equity is -148.40% 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.
Is Trans Canada Gold (TTGXF) Overvalued in 2026?
Based on GuruFocus' analysis, Trans Canada Gold stock appears to be overvalued.
The current stock price of $0.10 is trading 142.5% above its estimated GF Value™ of $0.04.
GuruFocus considers Trans Canada Gold to be Significantly Overvalued.
Key valuation signals for TTGXF:
Return-on-Tangible-Equity: -148.40%
GF Value™: $0.04 vs. price of $0.10 (142.5% above fair value)
No single metric tells the full story. See the TTGXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trans Canada Gold Corp is a gold and mineral exploration and Oil & Gas Resource Development Company. It is focused on developing its District Scale Gold exploration project in Ontario. The company identifies, acquires and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets. The company operates in two reportable segments, being exploration of mineral assets and petroleum production. All operations are located in Canada, in the provinces of Saskatchewan, Ontario and Alberta.
40GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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