Agricultural Development BankXGHA:ADB 24 Return-on-Tangible-Equity is 16.09% as of Mar. 2026, which is 290% above its 10-year median of 4.13. GuruFocus rates XGHA:ADB with a GF Score™ of 24/100 and a GF Value™ of GHS3.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,521 Banks companies, Agricultural Development Bank ranks better than 91.39% 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. Agricultural Development Bank's annualized net income for the quarter that ended in Mar. 2026 was GHS406 Mil. Agricultural Development Bank's average shareholder tangible equity for the quarter that ended in Mar. 2026 was GHS2,523 Mil. Therefore, Agricultural Development Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.09%.
The historical rank and industry rank for Agricultural Development Bank's Return-on-Tangible-Equity or its related term are showing as below:
XGHA:ADB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -320.77 Med: 4.13 Max: 21.2
Current: 21.2
During the past 11 years, Agricultural Development Bank's highest Return-on-Tangible-Equity was 21.20%. The lowest was -320.77%. And the median was 4.13%.
XGHA:ADB's Return-on-Tangible-Equity is ranked better than 91.39% of 1521
companies
in the Banks industry
Industry Median: 11.19
vs XGHA:ADB: 21.20
Agricultural Development Bank (XGHA:ADB) 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.
Agricultural Development Bank Return-on-Tangible-Equity Related Terms
Agricultural Development Bank 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.
Agricultural Development Bank Return-on-Tangible-Equity Chart
XGHA:ADB vs PNC: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Agricultural Development Bank'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.
Agricultural Development Bank Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Agricultural Development Bank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Agricultural Development Bank'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 16.09% mean?
Agricultural Development Bank (XGHA:ADB) has a Return-on-Tangible-Equity of 16.09% 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 Agricultural Development Bank and its competitors. This is 290% above median its historical median of 4.13. According to the industry distribution chart, Agricultural Development Bank ranks #131 out of 1521 companies in the Banks industry, placing it in the top 8.6%.
Is Agricultural Development Bank's Return-on-Tangible-Equity too high?
Agricultural Development Bank's current Return-on-Tangible-Equity of 16.09% is 290% above median its 10-year median of 4.13. The Banks industry median Return-on-Tangible-Equity is 11.19. Agricultural Development Bank's value of 16.09% is 43.8% above this industry median. Based on the distribution chart, Agricultural Development Bank ranks #131 out of 1521 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Agricultural Development Bank has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Agricultural Development Bank's Return-on-Tangible-Equity compare to PNC?
According to the Banks industry distribution chart, Agricultural Development Bank ranks #131 out of 1521 companies for Return-on-Tangible-Equity. This places Agricultural Development Bank in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.19. Agricultural Development Bank's value of 16.09% is 43.8% above this benchmark. While the company's 10-year median is 4.13 vs. the industry median of 11.19, Agricultural Development Bank has consistently been above the industry average. 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,521 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. Agricultural Development Bank's current Return-on-Tangible-Equity of 16.09% is 43.8% above the industry median. 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 Agricultural Development Bank and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agricultural Development Bank's current Return-on-Tangible-Equity is 16.09%, which is 290% above median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agricultural Development Bank stock overvalued right now?
Based on GuruFocus' analysis, Agricultural Development Bank (XGHA:ADB) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS3.99, compared to a current price of GHS5.30 — trading 32.8% above its estimated fair value. The current Return-on-Tangible-Equity is 16.09%, which is 290% above median its 10-year median of 4.13 and 43.8% above the Banks industry median of 11.19. Agricultural Development Bank's overall GF Score™ is 24/100 with 5 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 Agricultural Development Bank (XGHA:ADB), the current Return-on-Tangible-Equity is 16.09% 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 Agricultural Development Bank (XGHA:ADB) Overvalued in 2026?
Based on GuruFocus' analysis, Agricultural Development Bank stock appears to be overvalued.
The current stock price of GHS5.30 is trading 32.8% above its estimated GF Value™ of GHS3.99.
GuruFocus considers Agricultural Development Bank to be Significantly Overvalued.
Key valuation signals for XGHA:ADB:
Return-on-Tangible-Equity: 16.09% (290% above median its 10-year median of 4.13)
GF Value™: GHS3.99 vs. price of GHS5.30 (32.8% above fair value)
Industry Position: 43.8% above the Banks median (#131 of 1521)
No single metric tells the full story. See the XGHA:ADB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agricultural Development Bank Business Description
Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services in Consumer, Corporate, Parastatals/Public Sector, SME, Agribusiness, Trade and E-Banking services. Its business focus is universal banking with a developmental focus on Agriculture and more. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasury. The majority of revenue is derived from the Retail Banking segment, which focuses on high-volume, standardized financial products and services such as loans and advances, deposits and other transactions with retail customers. Geographically, all revenues are generated in Ghana.
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