Vision Marine TechnologiesVMAR -4.55%16 Return-on-Tangible-Equity is -118.60% as of Feb. 2026. GuruFocus rates VMAR with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,285 Vehicles & Parts companies, Vision Marine Technologies ranks worse than 98.6% 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. Vision Marine Technologies's annualized net income for the quarter that ended in Feb. 2026 was $-7.46 Mil. Vision Marine Technologies's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $6.29 Mil. Therefore, Vision Marine Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -118.60%.
The historical rank and industry rank for Vision Marine Technologies's Return-on-Tangible-Equity or its related term are showing as below:
VMAR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -893.09 Med: -330.9 Max: -69.52
Current: -197.72
During the past 8 years, Vision Marine Technologies's highest Return-on-Tangible-Equity was -69.52%. The lowest was -893.09%. And the median was -330.90%.
VMAR's Return-on-Tangible-Equity is ranked worse than 98.6% of 1285
companies
in the Vehicles & Parts industry
Industry Median: 7.49
vs VMAR: -197.72
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.
Vision Marine Technologies Return-on-Tangible-Equity Related Terms
Vision Marine Technologies Return-on-Tangible-Equity Historical Data
* 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.
VMAR vs MCOM, VEEE, EZGO: Return-on-Tangible-Equity Comparison
For the Recreational Vehicles subindustry, Vision Marine Technologies'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.
Vision Marine Technologies Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Vision Marine Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vision Marine Technologies'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 -118.60% mean?
Vision Marine Technologies (VMAR) has a Return-on-Tangible-Equity of -118.60% 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 Vision Marine Technologies and its competitors. According to the industry distribution chart, Vision Marine Technologies ranks #1267 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 98.6%.
Is Vision Marine Technologies' Return-on-Tangible-Equity too high?
Vision Marine Technologies' current Return-on-Tangible-Equity is -118.60%. Based on the distribution chart, Vision Marine Technologies ranks #1267 out of 1285 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Vision Marine Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vision Marine Technologies' Return-on-Tangible-Equity compare to MCOM and VEEE?
According to the Vehicles & Parts industry distribution chart, Vision Marine Technologies ranks #1267 out of 1285 companies for Return-on-Tangible-Equity. This places Vision Marine Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.49. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.49, based on 1,285 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 Vision Marine Technologies and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vision Marine Technologies's current Return-on-Tangible-Equity is -118.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vision Marine Technologies stock overvalued right now?
Vision Marine Technologies (VMAR) has a current Return-on-Tangible-Equity of -118.60%. The current Return-on-Tangible-Equity is -118.60%. Vision Marine Technologies' overall GF Score™ is 16/100 with 3 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 Vision Marine Technologies (VMAR), the current Return-on-Tangible-Equity is -118.60% 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.
Vision Marine Technologies Inc designs and manufactures electric outboard powertrain systems, power boats, related technology, and rents electric boats. Its models include Bruce 22, Fantail 217, VX Electric Pontoon, Volt 180, Phantom, and others. The company provides goods and services for the recreational boating market and focuses on electric outboard powertrain systems, electric power boats, and the renting of electric boats through its subsidiary. It sells boats, parts, and accessories and offers services related to recreational boating, including boats with internal combustion engines and electric propulsion. The company operates in two reportable segments, the sale of electric boats and the rental of electric boats, and generates a substantial portion of its revenue from the USA.
16GF Score
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