Avino Silver & Gold MinesASM +3.30%77 Return-on-Tangible-Asset is 21.29% as of Mar. 2026, which is 939% above its 10-year median of 2.05. GuruFocus rates ASM with a GF Scoreâ„¢ of 77/100 and a GF Valueâ„¢ of $2.12 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,662 Metals & Mining companies, Avino Silver & Gold Mines ranks better than 92.64% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Avino Silver & Gold Mines's annualizedNet Income for the quarter that ended in Mar. 2026 was $63.7 Mil. Avino Silver & Gold Mines's average total tangible assets for the quarter that ended in Mar. 2026 was $298.9 Mil. Therefore, Avino Silver & Gold Mines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.29%.
The historical rank and industry rank for Avino Silver & Gold Mines's Return-on-Tangible-Asset or its related term are showing as below:
ASM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -34.32 Med: 2.05 Max: 15.94
Current: 15.94
During the past 13 years, Avino Silver & Gold Mines's highest Return-on-Tangible-Asset was 15.94%. The lowest was -34.32%. And the median was 2.05%.
ASM's Return-on-Tangible-Asset is ranked better than 92.64% of 2662
companies
in the Metals & Mining industry
Industry Median: -17.275
vs ASM: 15.94
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companyÂ’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companyÂ’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Avino Silver & Gold Mines Return-on-Tangible-Asset Related Terms
Avino Silver & Gold Mines Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Avino Silver & Gold Mines's Return-on-Tangible-Asset 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.
For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Avino Silver & Gold Mines Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Avino Silver & Gold Mines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Avino Silver & Gold Mines's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 21.29% mean?
Avino Silver & Gold Mines (ASM) has a Return-on-Tangible-Asset of 21.29% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Avino Silver & Gold Mines and its competitors. This is 939% above median its historical median of 2.05. According to the industry distribution chart, Avino Silver & Gold Mines ranks #196 out of 2662 companies in the Metals & Mining industry, placing it in the top 7.4%.
Is Avino Silver & Gold Mines' Return-on-Tangible-Asset too high?
Avino Silver & Gold Mines' current Return-on-Tangible-Asset of 21.29% is 939% above median its 10-year median of 2.05. Based on the distribution chart, Avino Silver & Gold Mines ranks #196 out of 2662 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Avino Silver & Gold Mines has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avino Silver & Gold Mines' Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Avino Silver & Gold Mines ranks #196 out of 2662 companies for Return-on-Tangible-Asset. This places Avino Silver & Gold Mines in the top 7% of its industry — outperforming the majority of peers. 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-Asset for a Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. However, Return-on-Tangible-Asset 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Avino Silver & Gold Mines and its competitors. Avino Silver & Gold Mines's current Return-on-Tangible-Asset is 21.29%, which is 939% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avino Silver & Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Avino Silver & Gold Mines (ASM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.12, compared to a current price of $6.57 — trading 209.9% above its estimated fair value. The current Return-on-Tangible-Asset is 21.29%, which is 939% above median its 10-year median of 2.05. Avino Silver & Gold Mines' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Avino Silver & Gold Mines (ASM), the current Return-on-Tangible-Asset is 21.29% 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 Avino Silver & Gold Mines (ASM) Overvalued in 2026?
Based on GuruFocus' analysis, Avino Silver & Gold Mines stock appears to be overvalued.
The current stock price of $6.57 is trading 209.9% above its estimated GF Value™ of $2.12.
GuruFocus considers Avino Silver & Gold Mines to be Significantly Overvalued.
Key valuation signals for ASM:
Return-on-Tangible-Asset: 21.29% (939% above median its 10-year median of 2.05)
GF Value™: $2.12 vs. price of $6.57 (209.9% above fair value)
No single metric tells the full story. See the ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.
77GF Score
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