Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. AK Altynalmas JSC's annualized net income for the quarter that ended in Mar. 2026 was ₸570,417 Mil. AK Altynalmas JSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₸544,411 Mil. Therefore, AK Altynalmas JSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 104.78%.
The historical rank and industry rank for AK Altynalmas JSC's Return-on-Tangible-Equity or its related term are showing as below:
XKAZ:ALMS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 37.01 Med: 97.92 Max: 239.68
Current: 84.66
During the past 6 years, AK Altynalmas JSC's highest Return-on-Tangible-Equity was 239.68%. The lowest was 37.01%. And the median was 97.92%.
XKAZ:ALMS's Return-on-Tangible-Equity is not ranked
in the Metals & Mining industry.
Industry Median: -16.34
vs XKAZ:ALMS: 84.66
AK Altynalmas JSC (XKAZ:ALMS) 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.
AK Altynalmas JSC Return-on-Tangible-Equity Related Terms
AK Altynalmas JSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for AK Altynalmas JSC'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.
XKAZ:ALMS vs : Return-on-Tangible-Equity Comparison
For the Gold subindustry, AK Altynalmas JSC'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.
AK Altynalmas JSC Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, AK Altynalmas JSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where AK Altynalmas JSC'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 104.78% mean?
AK Altynalmas JSC (XKAZ:ALMS) has a Return-on-Tangible-Equity of 104.78% 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 AK Altynalmas JSC and its competitors. This is near median its historical median of 97.92. Over the past decade, AK Altynalmas JSC's Return-on-Tangible-Equity has ranged from 37.01 to 239.68.
Is AK Altynalmas JSC's Return-on-Tangible-Equity too high?
AK Altynalmas JSC's current Return-on-Tangible-Equity of 104.78% is near median its 10-year median of 97.92. Over the past 10 years, this metric has ranged from a low of 37.01 to a high of 239.68. Overall, AK Altynalmas JSC has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does AK Altynalmas JSC's Return-on-Tangible-Equity compare to ?
AK Altynalmas JSC's Return-on-Tangible-Equity of 104.78% can be compared against companies in the Metals & Mining industry. Historically, AK Altynalmas JSC's own Return-on-Tangible-Equity has ranged from 37.01 to 239.68 over the past decade. 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 AK Altynalmas JSC and its competitors. AK Altynalmas JSC's current Return-on-Tangible-Equity is 104.78%, which is near median its own 10-year median of 97.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AK Altynalmas JSC stock overvalued right now?
AK Altynalmas JSC (XKAZ:ALMS) has a current Return-on-Tangible-Equity of 104.78%. The current Return-on-Tangible-Equity is 104.78%, which is near median its 10-year median of 97.92. AK Altynalmas JSC's overall GF Score™ is 16/100 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 AK Altynalmas JSC (XKAZ:ALMS), the current Return-on-Tangible-Equity is 104.78% 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.
AK Altynalmas JSC is a gold producer based in the Republic of Kazakhstan. It is mainly engaged in the production, extraction, and processing of precious metals and other minerals. The company performs operations on subsoil use in a variety of gold ore objects. Its project holdings include deposits of the Akbakai region in the Zhambyl area and the Pustynnoye deposits in the Karaganda area.
16GF Score
Get the complete analysis for XKAZ:ALMS
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XKAZ:ALMS has been successfully added to your 
