Champion IronASX:CIA +3.13%72 Return-on-Tangible-Asset is 2.62% as of Mar. 2026, which is 72% below its 10-year median of 9.49. GuruFocus rates ASX:CIA with a GF Score™ of 72/100 and a GF Value™ of A$6.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 633 Steel companies, Champion Iron ranks better than 74.88% 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. Champion Iron's annualizedNet Income for the quarter that ended in Mar. 2026 was A$96 Mil. Champion Iron's average total tangible assets for the quarter that ended in Mar. 2026 was A$3,682 Mil. Therefore, Champion Iron's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.62%.
The historical rank and industry rank for Champion Iron's Return-on-Tangible-Asset or its related term are showing as below:
ASX:CIA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -26.04 Med: 9.49 Max: 37.62
Current: 5.14
During the past 13 years, Champion Iron's highest Return-on-Tangible-Asset was 37.62%. The lowest was -26.04%. And the median was 9.49%.
ASX:CIA's Return-on-Tangible-Asset is ranked better than 74.88% of 633
companies
in the Steel industry
Industry Median: 2
vs ASX:CIA: 5.14
Champion Iron (ASX:CIA) Return-on-Tangible-Asset Explanation
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.
Champion Iron Return-on-Tangible-Asset Related Terms
Champion Iron Return-on-Tangible-Asset Historical Data
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The historical data trend for Champion Iron'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:CIA vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Champion Iron'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.
Champion Iron Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Champion Iron's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Champion Iron'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 2.62% mean?
Champion Iron (ASX:CIA) has a Return-on-Tangible-Asset of 2.62% 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 Champion Iron and its competitors. This is 72% below median its historical median of 9.49. According to the industry distribution chart, Champion Iron ranks #159 out of 633 companies in the Steel industry, placing it in the top 25.1%.
Is Champion Iron's Return-on-Tangible-Asset too high?
Champion Iron's current Return-on-Tangible-Asset of 2.62% is 72% below median its 10-year median of 9.49. The Steel industry median Return-on-Tangible-Asset is 2.00. Champion Iron's value of 2.62% is 31% above this industry median. Based on the distribution chart, Champion Iron ranks #159 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, Champion Iron has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Champion Iron's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Champion Iron ranks #159 out of 633 companies for Return-on-Tangible-Asset. This puts Champion Iron in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.00. Champion Iron's value of 2.62% is 31% above this benchmark. While the company's 10-year median is 9.49 vs. the industry median of 2.00, Champion Iron 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-Asset for a Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.00, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Champion Iron's current Return-on-Tangible-Asset of 2.62% is 31% 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-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 Champion Iron and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Champion Iron's current Return-on-Tangible-Asset is 2.62%, which is 72% below median its own 10-year median of 9.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Iron stock overvalued right now?
Based on GuruFocus' analysis, Champion Iron (ASX:CIA) is currently considered Significantly Undervalued. The stock's GF Value™ is A$6.15, compared to a current price of A$3.95 — trading 35.8% below its estimated fair value. The current Return-on-Tangible-Asset is 2.62%, which is 72% below median its 10-year median of 9.49 and 31% above the Steel industry median of 2.00. Champion Iron's overall GF Score™ is 72/100 with 6 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 Champion Iron (ASX:CIA), the current Return-on-Tangible-Asset is 2.62% 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 Champion Iron (ASX:CIA) Overvalued in 2026?
Based on GuruFocus' analysis, Champion Iron stock appears to be undervalued.
The current stock price of A$3.95 is trading 35.8% below its estimated GF Value™ of A$6.15.
GuruFocus considers Champion Iron to be Significantly Undervalued.
Key valuation signals for ASX:CIA:
Return-on-Tangible-Asset: 2.62% (72% below median its 10-year median of 9.49)
GF Value™: A$6.15 vs. price of A$3.95 (35.8% below fair value)
Industry Position: 31% above the Steel median (#159 of 633)
No single metric tells the full story. See the ASX:CIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate, Exploration and Evaluation, and Corporate. The company generates the maximum of its revenue from the Iron Ore Concentrate segment.
72GF Score
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