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Metal HawkASX:MHK Return-on-Tangible-Asset is 44.83% as of Dec. 2025. The stock has 2 warning signs investors should review. Among 2,667 Metals & Mining companies, Metal Hawk ranks better than 91.98% 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. Metal Hawk's annualizedNet Income for the quarter that ended in Dec. 2025 was A$3.50 Mil. Metal Hawk's average total tangible assets for the quarter that ended in Dec. 2025 was A$7.80 Mil. Therefore, Metal Hawk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 44.83%.
The historical rank and industry rank for Metal Hawk's Return-on-Tangible-Asset or its related term are showing as below:
ASX:MHK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -119.92 Med: -24.04 Max: 14.83
Current: 14.83
During the past 6 years, Metal Hawk's highest Return-on-Tangible-Asset was 14.83%. The lowest was -119.92%. And the median was -24.04%.
ASX:MHK's Return-on-Tangible-Asset is ranked better than 91.98% of 2667
companies
in the Metals & Mining industry
Industry Median: -17.27
vs ASX:MHK: 14.83
Metal Hawk (ASX:MHK) 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.
Metal Hawk Return-on-Tangible-Asset Related Terms
Metal Hawk Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Metal Hawk'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.
Metal Hawk Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Metal Hawk'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.
Metal Hawk Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Metal Hawk's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Metal Hawk'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 44.83% mean?
Metal Hawk (ASX:MHK) has a Return-on-Tangible-Asset of 44.83% 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 Metal Hawk and its competitors. According to the industry distribution chart, Metal Hawk ranks #214 out of 2667 companies in the Metals & Mining industry, placing it in the top 8%.
Is Metal Hawk's Return-on-Tangible-Asset too high?
Metal Hawk's current Return-on-Tangible-Asset is 44.83%. Based on the distribution chart, Metal Hawk ranks #214 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Metal Hawk's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Metal Hawk ranks #214 out of 2667 companies for Return-on-Tangible-Asset. This places Metal Hawk in the top 8% of its industry — outperforming the majority of peers. 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 Metal Hawk and its competitors. Metal Hawk's current Return-on-Tangible-Asset is 44.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metal Hawk stock overvalued right now?
Metal Hawk (ASX:MHK) has a current Return-on-Tangible-Asset of 44.83%. The current Return-on-Tangible-Asset is 44.83%. 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 Metal Hawk (ASX:MHK), the current Return-on-Tangible-Asset is 44.83% 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.
Metal Hawk Ltd is a West Australian mineral exploration company. It is focused on the early-stage discovery of gold and nickel sulphides. The company's projects include Eastern Goldfields and Albany Fraser orogen.
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