Serabi GoldFRA:B9O2 -11.88%84 Return-on-Tangible-Asset is 39.55% as of Mar. 2026, which is 521% above its 10-year median of 6.37. GuruFocus rates FRA:B9O2 with a GF Score™ of 84/100 and a GF Value™ of €2.23 (Modestly Overvalued). Among 2,665 Metals & Mining companies, Serabi Gold ranks better than 97.11% 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. Serabi Gold's annualizedNet Income for the quarter that ended in Mar. 2026 was €72.6 Mil. Serabi Gold's average total tangible assets for the quarter that ended in Mar. 2026 was €183.7 Mil. Therefore, Serabi Gold's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 39.55%.
The historical rank and industry rank for Serabi Gold's Return-on-Tangible-Asset or its related term are showing as below:
FRA:B9O2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.39 Med: 6.37 Max: 35.96
Current: 35.96
During the past 13 years, Serabi Gold's highest Return-on-Tangible-Asset was 35.96%. The lowest was -6.39%. And the median was 6.37%.
FRA:B9O2's Return-on-Tangible-Asset is ranked better than 97.11% of 2665
companies
in the Metals & Mining industry
Industry Median: -17.25
vs FRA:B9O2: 35.96
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.
Serabi Gold Return-on-Tangible-Asset Related Terms
Serabi Gold Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Serabi Gold'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.
FRA:B9O2 vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Serabi Gold'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.
Serabi Gold Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Serabi Gold's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Serabi Gold'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 39.55% mean?
Serabi Gold (FRA:B9O2) has a Return-on-Tangible-Asset of 39.55% 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 Serabi Gold and its competitors. This is 521% above median its historical median of 6.37. According to the industry distribution chart, Serabi Gold ranks #77 out of 2665 companies in the Metals & Mining industry, placing it in the top 2.9%.
Is Serabi Gold's Return-on-Tangible-Asset too high?
Serabi Gold's current Return-on-Tangible-Asset of 39.55% is 521% above median its 10-year median of 6.37. Based on the distribution chart, Serabi Gold ranks #77 out of 2665 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Serabi Gold has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serabi Gold's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Serabi Gold ranks #77 out of 2665 companies for Return-on-Tangible-Asset. This places Serabi Gold in the top 3% 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 Serabi Gold and its competitors. Serabi Gold's current Return-on-Tangible-Asset is 39.55%, which is 521% above median its own 10-year median of 6.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serabi Gold stock overvalued right now?
Based on GuruFocus' analysis, Serabi Gold (FRA:B9O2) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.23, compared to a current price of €2.82 — trading 26.5% above its estimated fair value. The current Return-on-Tangible-Asset is 39.55%, which is 521% above median its 10-year median of 6.37. Serabi Gold's overall GF Score™ is 84/100. 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 Serabi Gold (FRA:B9O2), the current Return-on-Tangible-Asset is 39.55% 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 Serabi Gold (FRA:B9O2) Overvalued in 2026?
Based on GuruFocus' analysis, Serabi Gold stock appears to be overvalued.
The current stock price of €2.82 is trading 26.5% above its estimated GF Value™ of €2.23.
GuruFocus considers Serabi Gold to be Modestly Overvalued.
Key valuation signals for FRA:B9O2:
Return-on-Tangible-Asset: 39.55% (521% above median its 10-year median of 6.37)
GF Value™: €2.23 vs. price of €2.82 (26.5% above fair value)
No single metric tells the full story. See the FRA:B9O2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Serabi Gold PLC is a holding and gold sales company and a provider of support and management services to its operating subsidiaries. Together with its subsidiaries it is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. The company has only one primary business activity namely the conduct of gold mining and exploration in Brazil. It has two separate segments, Brazil and UK. Copper/ gold concentrate is produced in Brazil and sales routed through the UK, whilst sales of gold bullion are conducted directly from Brazil.
84GF 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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