Jupiter MinesASX:JMS -1.82%43 Return-on-Tangible-Asset is 5.35% as of Dec. 2025, which is 58% below its 10-year median of 12.63. GuruFocus rates ASX:JMS with a GF Score™ of 43/100. The stock has 2 warning signs investors should review. Among 2,659 Metals & Mining companies, Jupiter Mines ranks better than 85.82% 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. Jupiter Mines's annualizedNet Income for the quarter that ended in Dec. 2025 was A$32.38 Mil. Jupiter Mines's average total tangible assets for the quarter that ended in Dec. 2025 was A$605.75 Mil. Therefore, Jupiter Mines's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.35%.
The historical rank and industry rank for Jupiter Mines's Return-on-Tangible-Asset or its related term are showing as below:
ASX:JMS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.55 Med: 12.63 Max: 29.18
Current: 7.04
During the past 8 years, Jupiter Mines's highest Return-on-Tangible-Asset was 29.18%. The lowest was 6.55%. And the median was 12.63%.
ASX:JMS's Return-on-Tangible-Asset is ranked better than 85.82% of 2659
companies
in the Metals & Mining industry
Industry Median: -17.32
vs ASX:JMS: 7.04
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.
Jupiter Mines Return-on-Tangible-Asset Related Terms
Jupiter Mines Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jupiter Mines'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, Jupiter Mines'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.
Jupiter Mines Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Jupiter Mines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jupiter Mines'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 5.35% mean?
Jupiter Mines (ASX:JMS) has a Return-on-Tangible-Asset of 5.35% 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 Jupiter Mines and its competitors. This is 58% below median its historical median of 12.63. Over the past decade, Jupiter Mines' Return-on-Tangible-Asset has ranged from 6.55 to 29.18. According to the industry distribution chart, Jupiter Mines ranks #377 out of 2659 companies in the Metals & Mining industry, placing it in the top 14.2%.
Is Jupiter Mines' Return-on-Tangible-Asset too high?
Jupiter Mines' current Return-on-Tangible-Asset of 5.35% is 58% below median its 10-year median of 12.63. Over the past 10 years, this metric has ranged from a low of 6.55 to a high of 29.18. Based on the distribution chart, Jupiter Mines ranks #377 out of 2659 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Jupiter Mines has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Jupiter Mines' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Jupiter Mines ranks #377 out of 2659 companies for Return-on-Tangible-Asset. This places Jupiter Mines in the top 14% of its industry — outperforming the majority of peers. Historically, Jupiter Mines' own Return-on-Tangible-Asset has ranged from 6.55 to 29.18 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 Jupiter Mines and its competitors. Jupiter Mines's current Return-on-Tangible-Asset is 5.35%, which is 58% below median its own 10-year median of 12.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Mines stock overvalued right now?
Jupiter Mines (ASX:JMS) has a current Return-on-Tangible-Asset of 5.35%. The current Return-on-Tangible-Asset is 5.35%, which is 58% below median its 10-year median of 12.63. Jupiter Mines' overall GF Score™ is 43/100 with 2 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 Jupiter Mines (ASX:JMS), the current Return-on-Tangible-Asset is 5.35% 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.
Jupiter Mines Ltd is an independent mining company based in Perth, Western Australia, focused on the investment, production, and sale of manganese ore through its flagship Tshipi manganese mine in South Africa. Situated in the resource-rich Kalahari Manganese Field.
43GF Score
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