Resolute Mining (ASX:RSG) Return-on-Tangible-Asset: 12.35% (As of Dec. 2025) — 213% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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:RSG Resolute Mining Ltd ASX:RSG
57 GF Score
Price A$1.00
GF Value A$0.64
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

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

Resolute Mining ASX:RSG +1.53% 57 Return-on-Tangible-Asset is 12.35% as of Dec. 2025, which is 213% above its 10-year median of 3.95. GuruFocus rates ASX:RSG with a GF Score™ of 57/100 and a GF Value™ of A$0.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,666 Metals & Mining companies, Resolute Mining ranks better than 90.59% 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. Resolute Mining's annualized Net Income for the quarter that ended in Dec. 2025 was A$211 Mil. Resolute Mining's average total tangible assets for the quarter that ended in Dec. 2025 was A$1,707 Mil. Therefore, Resolute Mining's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.35%.

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

ASX:RSG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -36.01   Med: 3.95   Max: 45.67
Current: 12.47

During the past 13 years, Resolute Mining's highest Return-on-Tangible-Asset was 45.67%. The lowest was -36.01%. And the median was 3.95%.

ASX:RSG's Return-on-Tangible-Asset is ranked better than
90.59% of 2666 companies
in the Metals & Mining industry
Industry Median: -17.365 vs ASX:RSG: 12.47

Resolute Mining  (ASX:RSG) 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.


Resolute Mining Return-on-Tangible-Asset Related Terms


Resolute Mining Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Resolute 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.

Resolute Mining Return-on-Tangible-Asset Chart

Resolute Mining Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.01 -4.62 13.18 -2.70 12.64

Resolute 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 13.21 3.75 -11.79 12.30 12.35

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

For the Gold subindustry, Resolute 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.


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

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

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


ASX:RSG
57GF Score
Resolute Mining Ltd ASX:RSG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Resolute Mining Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=193.844/( (1294.079+1773.793)/ 2 )
=193.844/1533.936
=12.64 %

Resolute 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 )
=210.808/( (1640.517+1773.793)/ 2 )
=210.808/1707.155
=12.35 %

* 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 12.35% mean?
Resolute Mining (ASX:RSG) has a Return-on-Tangible-Asset of 12.35% 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 Resolute Mining and its competitors. This is 213% above median its historical median of 3.95. According to the industry distribution chart, Resolute Mining ranks #251 out of 2666 companies in the Metals & Mining industry, placing it in the top 9.4%.
Is Resolute Mining's Return-on-Tangible-Asset too high?
Resolute Mining's current Return-on-Tangible-Asset of 12.35% is 213% above median its 10-year median of 3.95. Based on the distribution chart, Resolute Mining ranks #251 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Resolute Mining has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resolute Mining's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Resolute Mining ranks #251 out of 2666 companies for Return-on-Tangible-Asset. This places Resolute Mining in the top 9% 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 Resolute Mining and its competitors. Resolute Mining's current Return-on-Tangible-Asset is 12.35%, which is 213% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resolute Mining stock overvalued right now?
Based on GuruFocus' analysis, Resolute Mining (ASX:RSG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.64, compared to a current price of A$1.00 — trading 55.5% above its estimated fair value. The current Return-on-Tangible-Asset is 12.35%, which is 213% above median its 10-year median of 3.95. Resolute Mining's overall GF Score™ is 57/100 with 3 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 Resolute Mining (ASX:RSG), the current Return-on-Tangible-Asset is 12.35% 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.

Is Resolute Mining (ASX:RSG) Overvalued in 2026?

Based on GuruFocus' analysis, Resolute Mining stock appears to be overvalued. The current stock price of A$1.00 is trading 55.5% above its estimated GF Value™ of A$0.64. GuruFocus considers Resolute Mining to be Significantly Overvalued.

Key valuation signals for ASX:RSG:

  • Return-on-Tangible-Asset: 12.35% (213% above median its 10-year median of 3.95)
  • GF Value™: A$0.64 vs. price of A$1.00 (55.5% above fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Resolute Mining Business Description

Other Exchanges RMGGF:USARSG:UKRSM:Germany
Address No. 2 The Esplanade, Level 17, Perth, WA, AUS, 6000
Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into business divisions, namely Mako (Senegal), and Syama (Mali). It generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulfide processing circuit, along with satellite open pit operations that provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine. Its projects include: Doropo - Cote d' Ivoire, and ABC Project - Cote d' Ivoire.
57GF Score

Get the complete analysis for ASX:RSG

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

A$1.00
Price
A$0.64
GF Value