Alkane ResourcesASX:ALK +0.69%99 Return-on-Tangible-Asset is 13.78% as of Dec. 2025, which is 69% above its 10-year median of 8.13. GuruFocus rates ASX:ALK with a GF Score™ of 99/100 and a GF Value™ of A$1.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,657 Metals & Mining companies, Alkane Resources ranks better than 89.35% 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. Alkane Resources's annualizedNet Income for the quarter that ended in Dec. 2025 was A$129.8 Mil. Alkane Resources's average total tangible assets for the quarter that ended in Dec. 2025 was A$942.2 Mil. Therefore, Alkane Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.78%.
The historical rank and industry rank for Alkane Resources's Return-on-Tangible-Asset or its related term are showing as below:
ASX:ALK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.65 Med: 8.13 Max: 23.74
Current: 10.72
During the past 13 years, Alkane Resources's highest Return-on-Tangible-Asset was 23.74%. The lowest was -13.65%. And the median was 8.13%.
ASX:ALK's Return-on-Tangible-Asset is ranked better than 89.35% of 2657
companies
in the Metals & Mining industry
Industry Median: -17.41
vs ASX:ALK: 10.72
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 companys 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 companys 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.
Alkane Resources Return-on-Tangible-Asset Related Terms
Alkane Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Alkane Resources'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.
ASX:ALK vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Alkane Resources'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.
Alkane Resources Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alkane Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alkane Resources'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 13.78% mean?
Alkane Resources (ASX:ALK) has a Return-on-Tangible-Asset of 13.78% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alkane Resources and its competitors. This is 69% above median its historical median of 8.13. According to the industry distribution chart, Alkane Resources ranks #283 out of 2657 companies in the Metals & Mining industry, placing it in the top 10.7%.
Is Alkane Resources' Return-on-Tangible-Asset too high?
Alkane Resources' current Return-on-Tangible-Asset of 13.78% is 69% above median its 10-year median of 8.13. Based on the distribution chart, Alkane Resources ranks #283 out of 2657 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Alkane Resources has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkane Resources' Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Alkane Resources ranks #283 out of 2657 companies for Return-on-Tangible-Asset. This places Alkane Resources in the top 11% 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 Alkane Resources and its competitors. Alkane Resources's current Return-on-Tangible-Asset is 13.78%, which is 69% above median its own 10-year median of 8.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkane Resources stock overvalued right now?
Based on GuruFocus' analysis, Alkane Resources (ASX:ALK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.62, compared to a current price of A$1.45 — trading 10.5% below its estimated fair value. The current Return-on-Tangible-Asset is 13.78%, which is 69% above median its 10-year median of 8.13. Alkane Resources' overall GF Score™ is 99/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Alkane Resources (ASX:ALK), the current Return-on-Tangible-Asset is 13.78% as of Dec. 2025. 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 Alkane Resources (ASX:ALK) Overvalued in 2026?
Based on GuruFocus' analysis, Alkane Resources stock appears to be undervalued.
The current stock price of A$1.45 is trading 10.5% below its estimated GF Value™ of A$1.62.
GuruFocus considers Alkane Resources to be Modestly Undervalued.
Key valuation signals for ASX:ALK:
Return-on-Tangible-Asset: 13.78% (69% above median its 10-year median of 8.13)
GF Value™: A$1.62 vs. price of A$1.45 (10.5% below fair value)
No single metric tells the full story. See the ASX:ALK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alkane Resources Ltd is an Australia-based gold and antimony producer. The company has three wholly owned producing mines across Australia and Sweden. Its portfolio includes the Tomingley Gold Project located in Central West NSW, Costerfield in Victoria and Bjorkdal in Northern Sweden. Alkane also owns the gold-copper porphyry Boda-Kaiser Project in NSW.
99GF Score
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