The WestaimWEDXF 43 Return-on-Tangible-Equity is -23.72% as of Mar. 2026. GuruFocus rates WEDXF with a GF Score™ of 43/100 and a GF Value™ of $12.59 (Modestly Overvalued). Among 1,590 Asset Management companies, The Westaim ranks worse than 87.36% 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. The Westaim's annualized net income for the quarter that ended in Mar. 2026 was $-133.40 Mil. The Westaim's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $562.31 Mil. Therefore, The Westaim's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -23.72%.
The historical rank and industry rank for The Westaim's Return-on-Tangible-Equity or its related term are showing as below:
WEDXF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.21 Med: 2.05 Max: 41.53
Current: -11.21
During the past 13 years, The Westaim's highest Return-on-Tangible-Equity was 41.53%. The lowest was -11.21%. And the median was 2.05%.
WEDXF's Return-on-Tangible-Equity is ranked worse than 87.36% of 1590
companies
in the Asset Management industry
Industry Median: 7.12
vs WEDXF: -11.21
The Westaim (OTCPK:WEDXF) 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.
The Westaim Return-on-Tangible-Equity Related Terms
The Westaim Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for The Westaim'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.
WEDXF vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, The Westaim'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.
The Westaim Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The Westaim's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Westaim'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 -23.72% mean?
The Westaim (WEDXF) has a Return-on-Tangible-Equity of -23.72% 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 The Westaim and its competitors. According to the industry distribution chart, The Westaim ranks #1389 out of 1590 companies in the Asset Management industry, placing it in the top 87.4%.
Is The Westaim's Return-on-Tangible-Equity too high?
The Westaim's current Return-on-Tangible-Equity is -23.72%. Based on the distribution chart, The Westaim ranks #1389 out of 1590 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, The Westaim has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Westaim's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, The Westaim ranks #1389 out of 1590 companies for Return-on-Tangible-Equity. This places The Westaim in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.12. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.12, based on 1,590 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 The Westaim and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Westaim's current Return-on-Tangible-Equity is -23.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Westaim stock overvalued right now?
Based on GuruFocus' analysis, The Westaim (WEDXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.59, compared to a current price of $15.95 — trading 26.7% above its estimated fair value. The current Return-on-Tangible-Equity is -23.72%. The Westaim's overall GF Score™ is 43/100. 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 The Westaim (WEDXF), the current Return-on-Tangible-Equity is -23.72% 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 The Westaim (WEDXF) Overvalued in 2026?
Based on GuruFocus' analysis, The Westaim stock appears to be overvalued.
The current stock price of $15.95 is trading 26.7% above its estimated GF Value™ of $12.59.
GuruFocus considers The Westaim to be Modestly Overvalued.
Key valuation signals for WEDXF:
Return-on-Tangible-Equity: -23.72%
GF Value™: $12.59 vs. price of $15.95 (26.7% above fair value)
No single metric tells the full story. See the WEDXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Ceres Life and Arena.
43GF 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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