MinerosBOG:MINEROS -0.86%89 Return-on-Tangible-Asset is 44.18% as of Mar. 2026, which is 257% above its 10-year median of 12.38. GuruFocus rates BOG:MINEROS with a GF Score™ of 89/100 and a GF Value™ of COP6,867.66 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,657 Metals & Mining companies, Mineros ranks better than 96.09% 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. Mineros's annualizedNet Income for the quarter that ended in Mar. 2026 was COP1,289,068 Mil. Mineros's average total tangible assets for the quarter that ended in Mar. 2026 was COP2,917,684 Mil. Therefore, Mineros's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 44.18%.
The historical rank and industry rank for Mineros's Return-on-Tangible-Asset or its related term are showing as below:
BOG:MINEROS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.88 Med: 12.38 Max: 27.09
Current: 27.09
During the past 13 years, Mineros's highest Return-on-Tangible-Asset was 27.09%. The lowest was 0.88%. And the median was 12.38%.
BOG:MINEROS's Return-on-Tangible-Asset is ranked better than 96.09% of 2657
companies
in the Metals & Mining industry
Industry Median: -17.41
vs BOG:MINEROS: 27.09
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.
Mineros Return-on-Tangible-Asset Related Terms
Mineros Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mineros'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.
BOG:MINEROS vs NEM, AU, RGLD: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Mineros'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.
Mineros Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineros's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mineros'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 44.18% mean?
Mineros (BOG:MINEROS) has a Return-on-Tangible-Asset of 44.18% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mineros and its competitors. This is 257% above median its historical median of 12.38. Over the past decade, Mineros' Return-on-Tangible-Asset has ranged from 0.88 to 27.09. According to the industry distribution chart, Mineros ranks #104 out of 2657 companies in the Metals & Mining industry, placing it in the top 3.9%.
Is Mineros' Return-on-Tangible-Asset too high?
Mineros' current Return-on-Tangible-Asset of 44.18% is 257% above median its 10-year median of 12.38. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 27.09. Based on the distribution chart, Mineros ranks #104 out of 2657 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mineros has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mineros' Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mineros ranks #104 out of 2657 companies for Return-on-Tangible-Asset. This places Mineros in the top 4% of its industry — outperforming the majority of peers. Historically, Mineros' own Return-on-Tangible-Asset has ranged from 0.88 to 27.09 over the past decade. 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 Mineros and its competitors. Mineros's current Return-on-Tangible-Asset is 44.18%, which is 257% above median its own 10-year median of 12.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineros stock overvalued right now?
Based on GuruFocus' analysis, Mineros (BOG:MINEROS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP6,867.66, compared to a current price of COP16,140.00 — trading 135% above its estimated fair value. The current Return-on-Tangible-Asset is 44.18%, which is 257% above median its 10-year median of 12.38. Mineros' overall GF Score™ is 89/100 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 Mineros (BOG:MINEROS), the current Return-on-Tangible-Asset is 44.18% as of Mar. 2026. 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 Mineros (BOG:MINEROS) Overvalued in 2026?
Based on GuruFocus' analysis, Mineros stock appears to be overvalued.
The current stock price of COP16,140.00 is trading 135% above its estimated GF Value™ of COP6,867.66.
GuruFocus considers Mineros to be Significantly Overvalued.
Key valuation signals for BOG:MINEROS:
Return-on-Tangible-Asset: 44.18% (257% above median its 10-year median of 12.38)
GF Value™: COP6,867.66 vs. price of COP16,140.00 (135% above fair value)
No single metric tells the full story. See the BOG:MINEROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
89GF Score
Get the complete analysis for BOG:MINEROS
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOG:MINEROS has been successfully added to your 
