DMEHF (Desert Mountain Energy) Return-on-Tangible-Asset: -2.26% (As of Mar. 2026)

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.
Reviewed by: Charlie Tian Charlie Tian
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.

DMEHF Desert Mountain Energy Corp DMEHF
29 GF Score
Price $0.14
GF Value $0.08
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Desert Mountain Energy Return-on-Tangible-Asset?

Desert Mountain Energy DMEHF -1.76% 29 Return-on-Tangible-Asset is -2.26% as of Mar. 2026. GuruFocus rates DMEHF with a GF Score™ of 29/100 and a GF Value™ of $0.08 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,024 Oil & Gas companies, Desert Mountain Energy ranks worse than 68.55% 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. Desert Mountain Energy's annualized Net Income for the quarter that ended in Mar. 2026 was $-0.82 Mil. Desert Mountain Energy's average total tangible assets for the quarter that ended in Mar. 2026 was $36.50 Mil. Therefore, Desert Mountain Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.26%.

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

DMEHF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -62.23   Med: -21.76   Max: -2.83
Current: -2.83

During the past 13 years, Desert Mountain Energy's highest Return-on-Tangible-Asset was -2.83%. The lowest was -62.23%. And the median was -21.76%.

DMEHF's Return-on-Tangible-Asset is ranked worse than
68.55% of 1024 companies
in the Oil & Gas industry
Industry Median: 2.08 vs DMEHF: -2.83

Desert Mountain Energy  (OTCPK:DMEHF) 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.


Desert Mountain Energy Return-on-Tangible-Asset Related Terms


Desert Mountain Energy Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Desert Mountain Energy'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.

Desert Mountain Energy Return-on-Tangible-Asset Chart

Desert Mountain Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.26 -19.72 -23.17 -8.32 -4.50

Desert Mountain Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.96 -3.61 -4.31 -1.24 -2.26

DMEHF vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison

For the Oil & Gas E&P subindustry, Desert Mountain Energy'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.


Desert Mountain Energy Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Desert Mountain Energy's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Desert Mountain Energy's Return-on-Tangible-Asset falls into.


DMEHF
29GF Score
Desert Mountain Energy Corp DMEHF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Desert Mountain Energy Return-on-Tangible-Asset Calculation

Desert Mountain Energy's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=-1.662/( (37.3+36.552)/ 2 )
=-1.662/36.926
=-4.50 %

Desert Mountain Energy'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-0.824/( (35.953+37.044)/ 2 )
=-0.824/36.4985
=-2.26 %

* 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 -2.26% mean?
Desert Mountain Energy (DMEHF) has a Return-on-Tangible-Asset of -2.26% 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 Desert Mountain Energy and its competitors. According to the industry distribution chart, Desert Mountain Energy ranks #702 out of 1024 companies in the Oil & Gas industry, placing it in the top 68.6%.
Is Desert Mountain Energy's Return-on-Tangible-Asset too high?
Desert Mountain Energy's current Return-on-Tangible-Asset is -2.26%. Based on the distribution chart, Desert Mountain Energy ranks #702 out of 1024 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Desert Mountain Energy has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desert Mountain Energy's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Desert Mountain Energy ranks #702 out of 1024 companies for Return-on-Tangible-Asset. This places Desert Mountain Energy in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.08. 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 Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.08, based on 1,024 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. 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 Desert Mountain Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desert Mountain Energy's current Return-on-Tangible-Asset is -2.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desert Mountain Energy stock overvalued right now?
Based on GuruFocus' analysis, Desert Mountain Energy (DMEHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.08, compared to a current price of $0.14 — trading 81% above its estimated fair value. The current Return-on-Tangible-Asset is -2.26%. Desert Mountain Energy's overall GF Score™ is 29/100 with 2 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 Desert Mountain Energy (DMEHF), the current Return-on-Tangible-Asset is -2.26% 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 Desert Mountain Energy (DMEHF) Overvalued in 2026?

Based on GuruFocus' analysis, Desert Mountain Energy stock appears to be overvalued. The current stock price of $0.14 is trading 81% above its estimated GF Value™ of $0.08. GuruFocus considers Desert Mountain Energy to be Significantly Overvalued.

Key valuation signals for DMEHF:

  • Return-on-Tangible-Asset: -2.26%
  • GF Value™: $0.08 vs. price of $0.14 (81% above fair value)
  • GF Score™: 29/100 with 2 warning signs

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


Desert Mountain Energy Business Description

Industry EnergyOil & Gas
Other Exchanges QM01:GermanyDME:Canada
Address 14155 West Mountain View Boulevard, Suite 1023, Surprise, AZ, USA, 85374
Desert Mountain Energy Corp is a forward-looking resource company actively engaged in the exploration, development and production of Helium and Rare Earth Gas properties in the U.S. Southwest. Its West Pecos Slope Abo Gas field boasts 188 wells and more than 50 miles of surface collection lines across approximately 120 square miles of continuous mineral claims. In addition, the group owns its mineral leases in Arizona.
29GF Score

Get the complete analysis for DMEHF

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

$0.14
Price
$0.08
GF Value