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North Stawell MineralsASX:NSM Return-on-Tangible-Asset is -9.22% as of Dec. 2025. The stock has 1 warning sign investors should review. Among 2,664 Metals & Mining companies, North Stawell Minerals ranks better than 63.33% 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. North Stawell Minerals's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-1.38 Mil. North Stawell Minerals's average total tangible assets for the quarter that ended in Dec. 2025 was A$14.92 Mil. Therefore, North Stawell Minerals's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -9.22%.
The historical rank and industry rank for North Stawell Minerals's Return-on-Tangible-Asset or its related term are showing as below:
ASX:NSM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.02 Med: -12.19 Max: -5.14
Current: -6.98
During the past 5 years, North Stawell Minerals's highest Return-on-Tangible-Asset was -5.14%. The lowest was -14.02%. And the median was -12.19%.
ASX:NSM's Return-on-Tangible-Asset is ranked better than 63.33% of 2664
companies
in the Metals & Mining industry
Industry Median: -17.41
vs ASX:NSM: -6.98
North Stawell Minerals (ASX:NSM) 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.
North Stawell Minerals Return-on-Tangible-Asset Related Terms
North Stawell Minerals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for North Stawell Minerals'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.
North Stawell Minerals Return-on-Tangible-Asset Chart
ASX:NSM vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, North Stawell Minerals'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.
North Stawell Minerals Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, North Stawell Minerals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where North Stawell Minerals'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 -9.22% mean?
North Stawell Minerals (ASX:NSM) has a Return-on-Tangible-Asset of -9.22% 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 North Stawell Minerals and its competitors. According to the industry distribution chart, North Stawell Minerals ranks #977 out of 2664 companies in the Metals & Mining industry, placing it in the top 36.7%.
Is North Stawell Minerals' Return-on-Tangible-Asset too high?
North Stawell Minerals' current Return-on-Tangible-Asset is -9.22%. Based on the distribution chart, North Stawell Minerals ranks #977 out of 2664 companies in the Metals & Mining industry, which is above the industry midpoint.
How does North Stawell Minerals' Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, North Stawell Minerals ranks #977 out of 2664 companies for Return-on-Tangible-Asset. This puts North Stawell Minerals in the upper 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 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 North Stawell Minerals and its competitors. North Stawell Minerals's current Return-on-Tangible-Asset is -9.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Stawell Minerals stock overvalued right now?
North Stawell Minerals (ASX:NSM) has a current Return-on-Tangible-Asset of -9.22%. The current Return-on-Tangible-Asset is -9.22%. 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 North Stawell Minerals (ASX:NSM), the current Return-on-Tangible-Asset is -9.22% 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.
North Stawell Minerals Ltd is engaged in the exploration and development of gold deposits. The company holds interests in prospective tenements to the North of the 5 Moz Stawell Gold Mine in Victoria, Australia. The projects of the company include Wildwood, Barrabool, Glenorchy, Germania, West Barrabool, Wimmera Park Granite, Deep Lead, and others.
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