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Persistence Gold GroupFRA:JY2 +1.17%47 Return-on-Tangible-Asset is 8.34% as of Mar. 2026, which is 0% above its 10-year median of 8.32. GuruFocus rates FRA:JY2 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 2,666 Metals & Mining companies, Persistence Gold Group ranks better than 85.93% 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. Persistence Gold Group's annualizedNet Income for the quarter that ended in Mar. 2026 was €157.38 Mil. Persistence Gold Group's average total tangible assets for the quarter that ended in Mar. 2026 was €1,886.90 Mil. Therefore, Persistence Gold Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.34%.
The historical rank and industry rank for Persistence Gold Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:JY2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.47 Med: 8.32 Max: 12.41
Current: 7.53
During the past 6 years, Persistence Gold Group's highest Return-on-Tangible-Asset was 12.41%. The lowest was 6.47%. And the median was 8.32%.
FRA:JY2's Return-on-Tangible-Asset is ranked better than 85.93% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.3
vs FRA:JY2: 7.53
Persistence Gold Group (FRA:JY2) 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 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.
Persistence Gold Group Return-on-Tangible-Asset Related Terms
Persistence Gold Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Persistence Gold Group'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.
Persistence Gold Group Return-on-Tangible-Asset Chart
For the Gold subindustry, Persistence Gold Group'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.
Persistence Gold Group Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Persistence Gold Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Persistence Gold Group'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 8.34% mean?
Persistence Gold Group (FRA:JY2) has a Return-on-Tangible-Asset of 8.34% 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 Persistence Gold Group and its competitors. This is near median its historical median of 8.32. Over the past decade, Persistence Gold Group's Return-on-Tangible-Asset has ranged from 6.47 to 12.41. According to the industry distribution chart, Persistence Gold Group ranks #375 out of 2666 companies in the Metals & Mining industry, placing it in the top 14.1%.
Is Persistence Gold Group's Return-on-Tangible-Asset too high?
Persistence Gold Group's current Return-on-Tangible-Asset of 8.34% is near median its 10-year median of 8.32. Over the past 10 years, this metric has ranged from a low of 6.47 to a high of 12.41. Based on the distribution chart, Persistence Gold Group ranks #375 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Persistence Gold Group has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's Return-on-Tangible-Asset compare to ?
According to the Metals & Mining industry distribution chart, Persistence Gold Group ranks #375 out of 2666 companies for Return-on-Tangible-Asset. This places Persistence Gold Group in the top 14% of its industry — outperforming the majority of peers. Historically, Persistence Gold Group's own Return-on-Tangible-Asset has ranged from 6.47 to 12.41 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 Persistence Gold Group and its competitors. Persistence Gold Group's current Return-on-Tangible-Asset is 8.34%, which is near median its own 10-year median of 8.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (FRA:JY2) has a current Return-on-Tangible-Asset of 8.34%. The current Return-on-Tangible-Asset is 8.34%, which is near median its 10-year median of 8.32. Persistence Gold Group's overall GF Score™ is 47/100 with 4 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 Persistence Gold Group (FRA:JY2), the current Return-on-Tangible-Asset is 8.34% 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.
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
47GF Score
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