Perseus Mining (ASX:PRU) Return-on-Tangible-Asset: 12.46% (As of Dec. 2025) — 48% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:PRU Perseus Mining Ltd ASX:PRU
92 GF Score
Price A$4.85
GF Value A$3.77
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Perseus Mining Return-on-Tangible-Asset?

Perseus Mining ASX:PRU +0.21% 92 Return-on-Tangible-Asset is 12.46% as of Dec. 2025, which is 48% above its 10-year median of 8.42. GuruFocus rates ASX:PRU with a GF Score™ of 92/100 and a GF Value™ of A$3.77 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,667 Metals & Mining companies, Perseus Mining ranks better than 91.83% 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. Perseus Mining's annualized Net Income for the quarter that ended in Dec. 2025 was A$492 Mil. Perseus Mining's average total tangible assets for the quarter that ended in Dec. 2025 was A$3,950 Mil. Therefore, Perseus Mining's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.46%.

The historical rank and industry rank for Perseus Mining's Return-on-Tangible-Asset or its related term are showing as below:

ASX:PRU' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.44   Med: 8.42   Max: 19.45
Current: 14.52

During the past 13 years, Perseus Mining's highest Return-on-Tangible-Asset was 19.45%. The lowest was -8.44%. And the median was 8.42%.

ASX:PRU's Return-on-Tangible-Asset is ranked better than
91.83% of 2667 companies
in the Metals & Mining industry
Industry Median: -17.27 vs ASX:PRU: 14.52

Perseus Mining  (ASX:PRU) 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 company’s 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 company’s 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.


Perseus Mining Return-on-Tangible-Asset Related Terms


Perseus Mining Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Perseus Mining'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.

Perseus Mining Return-on-Tangible-Asset Chart

Perseus Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.54 13.73 19.45 18.16 16.75

Perseus Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.31 19.14 17.91 16.64 12.46

ASX:PRU vs NEM, AU: Return-on-Tangible-Asset Comparison

For the Gold subindustry, Perseus Mining'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.


Perseus Mining Return-on-Tangible-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Perseus Mining's Return-on-Tangible-Asset falls into.


ASX:PRU
92GF Score
Perseus Mining Ltd ASX:PRU
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perseus Mining Return-on-Tangible-Asset Calculation

Perseus Mining's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=569.652/( (2990.594+3810.065)/ 2 )
=569.652/3400.3295
=16.75 %

Perseus Mining's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=492.256/( (3810.065+4090.656)/ 2 )
=492.256/3950.3605
=12.46 %

* 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 12.46% mean?
Perseus Mining (ASX:PRU) has a Return-on-Tangible-Asset of 12.46% 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 Perseus Mining and its competitors. This is 48% above median its historical median of 8.42. According to the industry distribution chart, Perseus Mining ranks #218 out of 2667 companies in the Metals & Mining industry, placing it in the top 8.2%.
Is Perseus Mining's Return-on-Tangible-Asset too high?
Perseus Mining's current Return-on-Tangible-Asset of 12.46% is 48% above median its 10-year median of 8.42. Based on the distribution chart, Perseus Mining ranks #218 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Perseus Mining has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perseus Mining's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Perseus Mining ranks #218 out of 2667 companies for Return-on-Tangible-Asset. This places Perseus Mining 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 Perseus Mining and its competitors. Perseus Mining's current Return-on-Tangible-Asset is 12.46%, which is 48% above median its own 10-year median of 8.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseus Mining stock overvalued right now?
Based on GuruFocus' analysis, Perseus Mining (ASX:PRU) is currently considered Modestly Overvalued. The stock's GF Value™ is A$3.77, compared to a current price of A$4.85 — trading 28.6% above its estimated fair value. The current Return-on-Tangible-Asset is 12.46%, which is 48% above median its 10-year median of 8.42. Perseus Mining's overall GF Score™ is 92/100 with 1 warning sign 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 Perseus Mining (ASX:PRU), the current Return-on-Tangible-Asset is 12.46% 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 Perseus Mining (ASX:PRU) Overvalued in 2026?

Based on GuruFocus' analysis, Perseus Mining stock appears to be overvalued. The current stock price of A$4.85 is trading 28.6% above its estimated GF Value™ of A$3.77. GuruFocus considers Perseus Mining to be Modestly Overvalued.

Key valuation signals for ASX:PRU:

  • Return-on-Tangible-Asset: 12.46% (48% above median its 10-year median of 8.42)
  • GF Value™: A$3.77 vs. price of A$4.85 (28.6% above fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the ASX:PRU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perseus Mining Business Description

Address 437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus is an Australia-based gold miner. It sold around 490,000 ounces of gold in fiscal 2025 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 80%-owned Nyanzaga gold development in Tanzania in fiscal 2024. It had about a decade of reserves at end fiscal 2025. We forecast it sells about 500,000 ounces of gold in fiscal 2030.
92GF Score

Get the complete analysis for ASX:PRU

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.85
Price
A$3.77
GF Value