Deterra RoyaltiesASX:DRR +2.09%66 Return-on-Tangible-Asset is 120.11% as of Dec. 2025, which is 2% below its 10-year median of 122.52. GuruFocus rates ASX:DRR with a GF Score™ of 66/100 and a GF Value™ of A$4.05 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,659 Metals & Mining companies, Deterra Royalties ranks better than 99.21% 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. Deterra Royalties's annualizedNet Income for the quarter that ended in Dec. 2025 was A$174.3 Mil. Deterra Royalties's average total tangible assets for the quarter that ended in Dec. 2025 was A$145.1 Mil. Therefore, Deterra Royalties's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 120.11%.
The historical rank and industry rank for Deterra Royalties's Return-on-Tangible-Asset or its related term are showing as below:
ASX:DRR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 107.16 Med: 122.52 Max: 159.43
Current: 116.18
During the past 5 years, Deterra Royalties's highest Return-on-Tangible-Asset was 159.43%. The lowest was 107.16%. And the median was 122.52%.
ASX:DRR's Return-on-Tangible-Asset is ranked better than 99.21% of 2659
companies
in the Metals & Mining industry
Industry Median: -17.32
vs ASX:DRR: 116.18
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.
Deterra Royalties Return-on-Tangible-Asset Related Terms
Deterra Royalties Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Deterra Royalties'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, Deterra Royalties'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.
Deterra Royalties Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Deterra Royalties's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Deterra Royalties'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 120.11% mean?
Deterra Royalties (ASX:DRR) has a Return-on-Tangible-Asset of 120.11% 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 Deterra Royalties and its competitors. This is near median its historical median of 122.52. Over the past decade, Deterra Royalties' Return-on-Tangible-Asset has ranged from 107.16 to 159.43. According to the industry distribution chart, Deterra Royalties ranks #21 out of 2659 companies in the Metals & Mining industry, placing it in the top 0.8%.
Is Deterra Royalties' Return-on-Tangible-Asset too high?
Deterra Royalties' current Return-on-Tangible-Asset of 120.11% is near median its 10-year median of 122.52. Over the past 10 years, this metric has ranged from a low of 107.16 to a high of 159.43. Based on the distribution chart, Deterra Royalties ranks #21 out of 2659 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Deterra Royalties has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deterra Royalties' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Deterra Royalties ranks #21 out of 2659 companies for Return-on-Tangible-Asset. This places Deterra Royalties in the top 1% of its industry — outperforming the majority of peers. Historically, Deterra Royalties' own Return-on-Tangible-Asset has ranged from 107.16 to 159.43 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-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 Deterra Royalties and its competitors. Deterra Royalties's current Return-on-Tangible-Asset is 120.11%, which is near median its own 10-year median of 122.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deterra Royalties stock overvalued right now?
Based on GuruFocus' analysis, Deterra Royalties (ASX:DRR) is currently considered Fairly Valued. The stock's GF Value™ is A$4.05, compared to a current price of A$4.39 — trading 8.4% above its estimated fair value. The current Return-on-Tangible-Asset is 120.11%, which is near median its 10-year median of 122.52. Deterra Royalties' overall GF Score™ is 66/100 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 Deterra Royalties (ASX:DRR), the current Return-on-Tangible-Asset is 120.11% 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 Deterra Royalties (ASX:DRR) Overvalued in 2026?
Based on GuruFocus' analysis, Deterra Royalties stock appears to be overvalued.
The current stock price of A$4.39 is trading 8.4% above its estimated GF Value™ of A$4.05.
GuruFocus considers Deterra Royalties to be Fairly Valued.
Key valuation signals for ASX:DRR:
Return-on-Tangible-Asset: 120.11% (near median its 10-year median of 122.52)
GF Value™: A$4.05 vs. price of A$4.39 (8.4% above fair value)
No single metric tells the full story. See the ASX:DRR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deterra Royalties was spun out from Iluka Resources in October 2020, with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area in Western Australia. This includes the North Flank mine, producing around 60 million metric tons of iron ore a year, and the South Flank mine, which produces around 80 million metric tons. It also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Consistent with its strategy to grow into a diversified royalty firm, its Trident Royalties purchase is likely to provide modest diversification from iron ore.
66GF Score
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