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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.
Empress RoyaltyEMPYF +2.95%44 Return-on-Tangible-Asset is 34.49% as of Mar. 2026. GuruFocus rates EMPYF with a GF Score™ of 44/100 and a GF Value™ of $1.58 (Significantly Undervalued). Among 2,666 Metals & Mining companies, Empress Royalty ranks better than 96.51% 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. Empress Royalty's annualizedNet Income for the quarter that ended in Mar. 2026 was $13.18 Mil. Empress Royalty's average total tangible assets for the quarter that ended in Mar. 2026 was $38.21 Mil. Therefore, Empress Royalty's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 34.49%.
The historical rank and industry rank for Empress Royalty's Return-on-Tangible-Asset or its related term are showing as below:
EMPYF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.82 Med: -5.04 Max: 32.46
Current: 32.46
During the past 5 years, Empress Royalty's highest Return-on-Tangible-Asset was 32.46%. The lowest was -31.82%. And the median was -5.04%.
EMPYF's Return-on-Tangible-Asset is ranked better than 96.51% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.365
vs EMPYF: 32.46
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.
Empress Royalty Return-on-Tangible-Asset Related Terms
Empress Royalty Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Empress Royalty'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 Precious Metals & Mining subindustry, Empress Royalty'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.
Empress Royalty Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Empress Royalty's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Empress Royalty'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 34.49% mean?
Empress Royalty (EMPYF) has a Return-on-Tangible-Asset of 34.49% 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 Empress Royalty and its competitors. According to the industry distribution chart, Empress Royalty ranks #93 out of 2666 companies in the Metals & Mining industry, placing it in the top 3.5%.
Is Empress Royalty's Return-on-Tangible-Asset too high?
Empress Royalty's current Return-on-Tangible-Asset is 34.49%. Based on the distribution chart, Empress Royalty ranks #93 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Empress Royalty has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Empress Royalty's Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Empress Royalty ranks #93 out of 2666 companies for Return-on-Tangible-Asset. This places Empress Royalty 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 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 Empress Royalty and its competitors. Empress Royalty's current Return-on-Tangible-Asset is 34.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empress Royalty stock overvalued right now?
Based on GuruFocus' analysis, Empress Royalty (EMPYF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.58, compared to a current price of $0.61 — trading 61.2% below its estimated fair value. The current Return-on-Tangible-Asset is 34.49%. Empress Royalty's overall GF Score™ is 44/100. 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 Empress Royalty (EMPYF), the current Return-on-Tangible-Asset is 34.49% 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 Empress Royalty (EMPYF) Overvalued in 2026?
Based on GuruFocus' analysis, Empress Royalty stock appears to be undervalued.
The current stock price of $0.61 is trading 61.2% below its estimated GF Value™ of $1.58.
GuruFocus considers Empress Royalty to be Significantly Undervalued.
Key valuation signals for EMPYF:
Return-on-Tangible-Asset: 34.49%
GF Value™: $1.58 vs. price of $0.61 (61.2% below fair value)
No single metric tells the full story. See the EMPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Empress Royalty Corp is a royalty and streaming creation company. It is engaged in the business of structuring and creating proprietary precious metal royalty and streaming agreements for its portfolio and may acquire certain interests from time to time. The company is focused on small to mid-tier producing or development stage mining companies, where immediate or near-term revenue can be generated, but may also consider earlier stage opportunities. Its revenue is derived from the Tahuehueto and Pinos stream in Mexico, the Sierra Antapite stream in Peru, the Galaxy stream in South Africa, and royalties on gold sales from the Manica gold project in Mozambique. The Company operates in a single segment, the creation and acquisition of royalty and stream interests.
44GF Score
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