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Heavy Rare EarthsASX:HRE Return-on-Tangible-Asset is -97.89% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 185 Other Energy Sources companies, Heavy Rare Earths ranks worse than 94.59% 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. Heavy Rare Earths's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-1.70 Mil. Heavy Rare Earths's average total tangible assets for the quarter that ended in Dec. 2025 was A$1.73 Mil. Therefore, Heavy Rare Earths's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -97.89%.
The historical rank and industry rank for Heavy Rare Earths's Return-on-Tangible-Asset or its related term are showing as below:
ASX:HRE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -213.69 Med: -39.73 Max: -32.24
Current: -155.33
During the past 3 years, Heavy Rare Earths's highest Return-on-Tangible-Asset was -32.24%. The lowest was -213.69%. And the median was -39.73%.
ASX:HRE's Return-on-Tangible-Asset is ranked worse than 94.59% of 185
companies
in the Other Energy Sources industry
Industry Median: -0.51
vs ASX:HRE: -155.33
Heavy Rare Earths (ASX:HRE) 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.
Heavy Rare Earths Return-on-Tangible-Asset Related Terms
Heavy Rare Earths Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Heavy Rare Earths'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:HRE vs UEC, LEU: Return-on-Tangible-Asset Comparison
For the Uranium subindustry, Heavy Rare Earths'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.
Heavy Rare Earths Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Heavy Rare Earths's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Heavy Rare Earths'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 -97.89% mean?
Heavy Rare Earths (ASX:HRE) has a Return-on-Tangible-Asset of -97.89% 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 Heavy Rare Earths and its competitors. According to the industry distribution chart, Heavy Rare Earths ranks #175 out of 185 companies in the Other Energy Sources industry, placing it in the top 94.6%.
Is Heavy Rare Earths' Return-on-Tangible-Asset too high?
Heavy Rare Earths' current Return-on-Tangible-Asset is -97.89%. Based on the distribution chart, Heavy Rare Earths ranks #175 out of 185 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers.
How does Heavy Rare Earths' Return-on-Tangible-Asset compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Heavy Rare Earths ranks #175 out of 185 companies for Return-on-Tangible-Asset. This places Heavy Rare Earths 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 an Other Energy Sources company?
A good Return-on-Tangible-Asset depends on the Other Energy Sources 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 Heavy Rare Earths and its competitors. Heavy Rare Earths's current Return-on-Tangible-Asset is -97.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Rare Earths stock overvalued right now?
Heavy Rare Earths (ASX:HRE) has a current Return-on-Tangible-Asset of -97.89%. The current Return-on-Tangible-Asset is -97.89%. 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 Heavy Rare Earths (ASX:HRE), the current Return-on-Tangible-Asset is -97.89% 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.
Heavy Rare Earths Ltd is engaged in the evaluation and exploration of heavy rare earths and other resources at its areas of interest located in Western and Southern Australia. Its project portfolio includes: Radium Hill uranium critical minerals project, Prospect Hill uranium critical minerals project, Lake Namba Billeroo uranium project, Perenjori uranium project, Cowalinya rare earth project, and Duke project.
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