Yellow Cake (CHIX:YCAL) Return-on-Tangible-Asset: 4.57% (As of Mar. 2026) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.

CHIX:YCAL Yellow Cake PLC CHIX:YCAL
27 GF Score
Price £5.42
! 3 Warning Signs
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What is Yellow Cake Return-on-Tangible-Asset?

Yellow Cake CHIX:YCAL -1.32% 27 Return-on-Tangible-Asset is 4.57% as of Mar. 2026, which is 44% below its 10-year median of 8.18. GuruFocus rates CHIX:YCAL with a GF Score™ of 27/100. The stock has 3 warning signs investors should review. Among 186 Other Energy Sources companies, Yellow Cake ranks better than 95.7% 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. Yellow Cake's annualized Net Income for the quarter that ended in Mar. 2026 was £69.4 Mil. Yellow Cake's average total tangible assets for the quarter that ended in Mar. 2026 was £1,519.2 Mil. Therefore, Yellow Cake's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.57%.

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

CHIX:YCAl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -28.13   Med: 8.18   Max: 56.51
Current: 22.55

During the past 8 years, Yellow Cake's highest Return-on-Tangible-Asset was 56.51%. The lowest was -28.13%. And the median was 8.18%.

CHIX:YCAl's Return-on-Tangible-Asset is ranked better than
95.7% of 186 companies
in the Other Energy Sources industry
Industry Median: -0.39 vs CHIX:YCAl: 22.55

Yellow Cake  (CHIX:YCAl) 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.


Yellow Cake Return-on-Tangible-Asset Related Terms


Yellow Cake Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Yellow Cake'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.

Yellow Cake Return-on-Tangible-Asset Chart

Yellow Cake Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial 56.51 -10.18 48.90 -28.13 23.45

Yellow Cake Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 30.70 -9.31 -48.07 43.34 4.57

CHIX:YCAL vs UEC, LEU: Return-on-Tangible-Asset Comparison

For the Uranium subindustry, Yellow Cake'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.


Yellow Cake Return-on-Tangible-Asset vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Yellow Cake's Return-on-Tangible-Asset distribution charts can be found below:

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


CHIX:YCAL
27GF Score
Yellow Cake PLC CHIX:YCAL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Yellow Cake Return-on-Tangible-Asset Calculation

Yellow Cake's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=314.639/( (1097.397+1586.18)/ 2 )
=314.639/1341.7885
=23.45 %

Yellow Cake's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=69.376/( (1452.16+1586.18)/ 2 )
=69.376/1519.17
=4.57 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 4.57% mean?
Yellow Cake (CHIX:YCAL) has a Return-on-Tangible-Asset of 4.57% 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 Yellow Cake and its competitors. This is 44% below median its historical median of 8.18. According to the industry distribution chart, Yellow Cake ranks #8 out of 186 companies in the Other Energy Sources industry, placing it in the top 4.3%.
Is Yellow Cake's Return-on-Tangible-Asset too high?
Yellow Cake's current Return-on-Tangible-Asset of 4.57% is 44% below median its 10-year median of 8.18. Based on the distribution chart, Yellow Cake ranks #8 out of 186 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Yellow Cake has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Yellow Cake's Return-on-Tangible-Asset compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Yellow Cake ranks #8 out of 186 companies for Return-on-Tangible-Asset. This places Yellow Cake in the top 4% 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 an Other Energy Sources company?
A good Return-on-Tangible-Asset depends on the Other Energy Sources 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 Yellow Cake and its competitors. Yellow Cake's current Return-on-Tangible-Asset is 4.57%, which is 44% below median its own 10-year median of 8.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yellow Cake stock overvalued right now?
Yellow Cake (CHIX:YCAL) has a current Return-on-Tangible-Asset of 4.57%. The current Return-on-Tangible-Asset is 4.57%, which is 44% below median its 10-year median of 8.18. Yellow Cake's overall GF Score™ is 27/100 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 Yellow Cake (CHIX:YCAL), the current Return-on-Tangible-Asset is 4.57% 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.

Yellow Cake Business Description

Other Exchanges YLLXF:USAYCA:UK0LZ:Germany
Address 66-72 Esplanade, 3rd Floor, Gaspe House, Channel Islands, JEY, JE1 2LH
Yellow Cake PLC is a specialist company operating in the uranium sector. The principal activity of the company is to invest in uranium projects. It invests in quoted or unquoted companies producing, developing, or exploring for uranium in Canada, the United States, Australia, and South Africa. The company's only segment being the holding of uranium oxide concentrate (U3O8) for long-term capital appreciation.
27GF Score

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

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