Breakthrough MineralsASX:BTM +6.25%38 Return-on-Tangible-Asset is -175.43% as of Dec. 2025. GuruFocus rates ASX:BTM with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 2,657 Metals & Mining companies, Breakthrough Minerals ranks worse than 85.28% 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. Breakthrough Minerals's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-7.72 Mil. Breakthrough Minerals's average total tangible assets for the quarter that ended in Dec. 2025 was A$4.40 Mil. Therefore, Breakthrough Minerals's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -175.43%.
The historical rank and industry rank for Breakthrough Minerals's Return-on-Tangible-Asset or its related term are showing as below:
ASX:BTM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -204.98 Med: -32.13 Max: 1052.63
Current: -123.1
During the past 13 years, Breakthrough Minerals's highest Return-on-Tangible-Asset was 1052.63%. The lowest was -204.98%. And the median was -32.13%.
ASX:BTM's Return-on-Tangible-Asset is ranked worse than 85.28% of 2657
companies
in the Metals & Mining industry
Industry Median: -17.43
vs ASX:BTM: -123.10
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.
Breakthrough Minerals Return-on-Tangible-Asset Related Terms
Breakthrough Minerals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Breakthrough Minerals'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 Industrial Metals & Mining subindustry, Breakthrough Minerals'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.
Breakthrough Minerals Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Breakthrough Minerals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Breakthrough Minerals'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 -175.43% mean?
Breakthrough Minerals (ASX:BTM) has a Return-on-Tangible-Asset of -175.43% 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 Breakthrough Minerals and its competitors. According to the industry distribution chart, Breakthrough Minerals ranks #2266 out of 2657 companies in the Metals & Mining industry, placing it in the top 85.3%.
Is Breakthrough Minerals' Return-on-Tangible-Asset too high?
Breakthrough Minerals' current Return-on-Tangible-Asset is -175.43%. Based on the distribution chart, Breakthrough Minerals ranks #2266 out of 2657 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Breakthrough Minerals has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Breakthrough Minerals' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Breakthrough Minerals ranks #2266 out of 2657 companies for Return-on-Tangible-Asset. This places Breakthrough Minerals in the lower half of its industry. 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 Breakthrough Minerals and its competitors. Breakthrough Minerals's current Return-on-Tangible-Asset is -175.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Breakthrough Minerals stock overvalued right now?
Breakthrough Minerals (ASX:BTM) has a current Return-on-Tangible-Asset of -175.43%. The current Return-on-Tangible-Asset is -175.43%. Breakthrough Minerals' overall GF Score™ is 38/100 with 4 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 Breakthrough Minerals (ASX:BTM), the current Return-on-Tangible-Asset is -175.43% 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.
Breakthrough Minerals Ltd is an environmentally responsible, diversified mining and energy group with a core focus on battery, base, and precious metals exploration. Its goal is to support decarbonization and electrification for a clean energy future. The group currently focuses on the development of prospective and underexplored projects in Australia: the Llama Lithium Project and the Yalgarra Project.
38GF Score
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