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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.
West Wits MiningASX:WWI -3.80%28 Return-on-Tangible-Asset is -11.23% as of Dec. 2025. GuruFocus rates ASX:WWI with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 2,670 Metals & Mining companies, West Wits Mining ranks better than 58.09% 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. West Wits Mining's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-6.62 Mil. West Wits Mining's average total tangible assets for the quarter that ended in Dec. 2025 was A$59.00 Mil. Therefore, West Wits Mining's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -11.23%.
The historical rank and industry rank for West Wits Mining's Return-on-Tangible-Asset or its related term are showing as below:
ASX:WWI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -44.85 Med: -7.68 Max: -2.47
Current: -10.21
During the past 13 years, West Wits Mining's highest Return-on-Tangible-Asset was -2.47%. The lowest was -44.85%. And the median was -7.68%.
ASX:WWI's Return-on-Tangible-Asset is ranked better than 58.09% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.365
vs ASX:WWI: -10.21
West Wits Mining (ASX:WWI) 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.
West Wits Mining Return-on-Tangible-Asset Related Terms
West Wits Mining Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for West Wits 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.
ASX:WWI vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, West Wits 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.
West Wits Mining Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West Wits Mining's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where West Wits Mining'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 -11.23% mean?
West Wits Mining (ASX:WWI) has a Return-on-Tangible-Asset of -11.23% 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 West Wits Mining and its competitors. According to the industry distribution chart, West Wits Mining ranks #1119 out of 2670 companies in the Metals & Mining industry, placing it in the top 41.9%.
Is West Wits Mining's Return-on-Tangible-Asset too high?
West Wits Mining's current Return-on-Tangible-Asset is -11.23%. Based on the distribution chart, West Wits Mining ranks #1119 out of 2670 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, West Wits Mining has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does West Wits Mining's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West Wits Mining ranks #1119 out of 2670 companies for Return-on-Tangible-Asset. This puts West Wits Mining 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 West Wits Mining and its competitors. West Wits Mining's current Return-on-Tangible-Asset is -11.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Wits Mining stock overvalued right now?
West Wits Mining (ASX:WWI) has a current Return-on-Tangible-Asset of -11.23%. The current Return-on-Tangible-Asset is -11.23%. West Wits Mining's overall GF Score™ is 28/100 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 West Wits Mining (ASX:WWI), the current Return-on-Tangible-Asset is -11.23% 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.
West Wits Mining Ltd is an exploration and development company. It focuses on conglomerate gold in two regions, the Pilbara and the Witwatersrand. The reportable segments of the company are based on geographic locations in South Africa and Australia. Mining and exploration activities are carried out in South African segments, whereas the Australian segment reflects only the administrative arm of the business that supports the mining and exploration activities in the other two geographical locations. The projects operated by the company are Mt Cecelia, Witwatersrand Basin, and the Derewo River Gold project. The company operates in one operating segment, which is mining & exploration.
28GF Score
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