Tasman ResourcesASX:TAS Return-on-Tangible-Asset is 239.37% as of Dec. 2025. The stock has 8 warning signs investors should review. Among 2,658 Metals & Mining companies, Tasman Resources ranks better than 98.91% 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. Tasman Resources's annualizedNet Income for the quarter that ended in Dec. 2025 was A$36.98 Mil. Tasman Resources's average total tangible assets for the quarter that ended in Dec. 2025 was A$15.45 Mil. Therefore, Tasman Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 239.37%.
The historical rank and industry rank for Tasman Resources's Return-on-Tangible-Asset or its related term are showing as below:
ASX:TAS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -47.55 Med: -13.32 Max: 94.11
Current: 94.11
During the past 13 years, Tasman Resources's highest Return-on-Tangible-Asset was 94.11%. The lowest was -47.55%. And the median was -13.32%.
ASX:TAS's Return-on-Tangible-Asset is ranked better than 98.91% of 2658
companies
in the Metals & Mining industry
Industry Median: -17.365
vs ASX:TAS: 94.11
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.
Tasman Resources Return-on-Tangible-Asset Related Terms
Tasman Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tasman Resources'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, Tasman Resources'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.
Tasman Resources Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tasman Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tasman Resources'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 239.37% mean?
Tasman Resources (ASX:TAS) has a Return-on-Tangible-Asset of 239.37% 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 Tasman Resources and its competitors. According to the industry distribution chart, Tasman Resources ranks #29 out of 2658 companies in the Metals & Mining industry, placing it in the top 1.1%.
Is Tasman Resources' Return-on-Tangible-Asset too high?
Tasman Resources' current Return-on-Tangible-Asset is 239.37%. Based on the distribution chart, Tasman Resources ranks #29 out of 2658 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Tasman Resources' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Tasman Resources ranks #29 out of 2658 companies for Return-on-Tangible-Asset. This places Tasman Resources in the top 1% 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 Tasman Resources and its competitors. Tasman Resources's current Return-on-Tangible-Asset is 239.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tasman Resources stock overvalued right now?
Based on GuruFocus' analysis, Tasman Resources (ASX:TAS) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.05 — trading 420% above its estimated fair value. The current Return-on-Tangible-Asset is 239.37%. 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 Tasman Resources (ASX:TAS), the current Return-on-Tangible-Asset is 239.37% 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.
Tasman Resources Ltd is engaged in the mineral exploration and through Eden Innovations Ltd (Eden), the sale of high-performance concrete admixture, EdenCrete and retrofit dual fuel technology, OptiBlend, developed for diesel generator sets. It operates in two segments namely, Tasman Resources Ltd engaged in mineral exploration in South Australia; and Eden Innovations Ltd engaged in EdenCrete production and sales in the USA and OptiBlend sales and manufacturing in India and the USA. It derives majority of the revenue from Eden Innovations Ltd segment.
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