FresnilloFNLPF +4.87%72 Return-on-Tangible-Asset is 30.09% as of Dec. 2025, which is 317% above its 10-year median of 7.22. GuruFocus rates FNLPF with a GF Score™ of 72/100 and a GF Value™ of $17.27 (Significantly Overvalued). Among 2,662 Metals & Mining companies, Fresnillo ranks better than 94.67% 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. Fresnillo's annualizedNet Income for the quarter that ended in Dec. 2025 was $1,980 Mil. Fresnillo's average total tangible assets for the quarter that ended in Dec. 2025 was $6,581 Mil. Therefore, Fresnillo's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 30.09%.
The historical rank and industry rank for Fresnillo's Return-on-Tangible-Asset or its related term are showing as below:
FNLPF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.43 Med: 7.22 Max: 21.42
Current: 21.42
During the past 13 years, Fresnillo's highest Return-on-Tangible-Asset was 21.42%. The lowest was 2.43%. And the median was 7.22%.
FNLPF's Return-on-Tangible-Asset is ranked better than 94.67% of 2662
companies
in the Metals & Mining industry
Industry Median: -17.275
vs FNLPF: 21.42
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.
Fresnillo Return-on-Tangible-Asset Related Terms
Fresnillo Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Fresnillo'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, Fresnillo'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.
Fresnillo Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fresnillo's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Fresnillo'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 30.09% mean?
Fresnillo (FNLPF) has a Return-on-Tangible-Asset of 30.09% 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 Fresnillo and its competitors. This is 317% above median its historical median of 7.22. Over the past decade, Fresnillo's Return-on-Tangible-Asset has ranged from 2.43 to 21.42. According to the industry distribution chart, Fresnillo ranks #142 out of 2662 companies in the Metals & Mining industry, placing it in the top 5.3%.
Is Fresnillo's Return-on-Tangible-Asset too high?
Fresnillo's current Return-on-Tangible-Asset of 30.09% is 317% above median its 10-year median of 7.22. Over the past 10 years, this metric has ranged from a low of 2.43 to a high of 21.42. Based on the distribution chart, Fresnillo ranks #142 out of 2662 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Fresnillo has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fresnillo's Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Fresnillo ranks #142 out of 2662 companies for Return-on-Tangible-Asset. This places Fresnillo in the top 5% of its industry — outperforming the majority of peers. Historically, Fresnillo's own Return-on-Tangible-Asset has ranged from 2.43 to 21.42 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 Fresnillo and its competitors. Fresnillo's current Return-on-Tangible-Asset is 30.09%, which is 317% above median its own 10-year median of 7.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresnillo stock overvalued right now?
Based on GuruFocus' analysis, Fresnillo (FNLPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.27, compared to a current price of $39.19 — trading 126.9% above its estimated fair value. The current Return-on-Tangible-Asset is 30.09%, which is 317% above median its 10-year median of 7.22. Fresnillo's overall GF Score™ is 72/100. 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 Fresnillo (FNLPF), the current Return-on-Tangible-Asset is 30.09% 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.
Is Fresnillo (FNLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Fresnillo stock appears to be overvalued.
The current stock price of $39.19 is trading 126.9% above its estimated GF Value™ of $17.27.
GuruFocus considers Fresnillo to be Significantly Overvalued.
Key valuation signals for FNLPF:
Return-on-Tangible-Asset: 30.09% (317% above median its 10-year median of 7.22)
GF Value™: $17.27 vs. price of $39.19 (126.9% above fair value)
No single metric tells the full story. See the FNLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fresnillo PLC explores, develops, and produces silver and gold resources mainly in Mexico. The company's reportable segments comprise seven producing mines: the Fresnillo, Saucito, and Juanicipio underground silver mines located in Zacatecas; the Cienega underground silver-gold mine in Durango; the Herradura and Noche Buena surface gold mines in Sonora; and the San Julian underground silver-gold mine situated on the border of Chihuahua and Durango. Its mining operations involve both underground and open-pit mining methods, depending on the characteristics of each deposit.
72GF Score
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