Richmond Hill Resources (FRA:V39) Return-on-Tangible-Asset: -274.22% (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.

What is Richmond Hill Resources Return-on-Tangible-Asset?

Richmond Hill Resources FRA:V39 Return-on-Tangible-Asset is -274.22% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 211 Beverages - Alcoholic companies, Richmond Hill Resources ranks worse than 99.53% 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. Richmond Hill Resources's annualized Net Income for the quarter that ended in Mar. 2026 was €-1.36 Mil. Richmond Hill Resources's average total tangible assets for the quarter that ended in Mar. 2026 was €0.49 Mil. Therefore, Richmond Hill Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -274.22%.

The historical rank and industry rank for Richmond Hill Resources's Return-on-Tangible-Asset or its related term are showing as below:

FRA:V39' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -549.27   Med: -323.66   Max: -76.76
Current: -319.35

During the past 3 years, Richmond Hill Resources's highest Return-on-Tangible-Asset was -76.76%. The lowest was -549.27%. And the median was -323.66%.

FRA:V39's Return-on-Tangible-Asset is ranked worse than
99.53% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 3.11 vs FRA:V39: -319.35

Richmond Hill Resources  (FRA:V39) 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.


Richmond Hill Resources Return-on-Tangible-Asset Related Terms


Richmond Hill Resources Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Richmond Hill Resources'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.

Richmond Hill Resources Return-on-Tangible-Asset Chart

Richmond Hill Resources Annual Data
Trend Sep23 Sep24 Sep25
Return-on-Tangible-Asset
-76.78 -558.20 -314.58

Richmond Hill Resources Semi-Annual Data
Sep23 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset 0.00 0.00 -64.80 -1,565.22 -274.22

FRA:V39 vs BF.B: Return-on-Tangible-Asset Comparison

For the Beverages - Wineries & Distilleries subindustry, Richmond Hill Resources'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.


Richmond Hill Resources Return-on-Tangible-Asset vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Richmond Hill Resources's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Richmond Hill Resources's Return-on-Tangible-Asset falls into.



Richmond Hill Resources Return-on-Tangible-Asset Calculation

Richmond Hill Resources'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 )
=-1.079/( (0.571+0.115)/ 2 )
=-1.079/0.343
=-314.58 %

Richmond Hill Resources'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: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-1.356/( (0.115+0.874)/ 2 )
=-1.356/0.4945
=-274.22 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -274.22% mean?
Richmond Hill Resources (FRA:V39) has a Return-on-Tangible-Asset of -274.22% 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 Richmond Hill Resources and its competitors. According to the industry distribution chart, Richmond Hill Resources ranks #210 out of 211 companies in the Beverages - Alcoholic industry, placing it in the top 99.5%.
Is Richmond Hill Resources' Return-on-Tangible-Asset too high?
Richmond Hill Resources' current Return-on-Tangible-Asset is -274.22%. Based on the distribution chart, Richmond Hill Resources ranks #210 out of 211 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers.
How does Richmond Hill Resources' Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Richmond Hill Resources ranks #210 out of 211 companies for Return-on-Tangible-Asset. This places Richmond Hill Resources in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.11. 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.11, based on 211 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 Richmond Hill Resources and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Richmond Hill Resources's current Return-on-Tangible-Asset is -274.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Richmond Hill Resources stock overvalued right now?
Richmond Hill Resources (FRA:V39) has a current Return-on-Tangible-Asset of -274.22%. The current Return-on-Tangible-Asset is -274.22%. 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 Richmond Hill Resources (FRA:V39), the current Return-on-Tangible-Asset is -274.22% 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.

Richmond Hill Resources Business Description

Other Exchanges RHR:UK
Address 6 Heddon Street, London, GBR, W1B 4BT
Richmond Hill Resources PLC was a diversified group operating in the premium spirit, wine, and beer sector, with a primary focus on distribution, brand development, and strategic acquisitions in North America and the U.K./Western Europe, and has subsequently decided to invest in the natural resource sector. The company's brands included Shinju Japanese Whisky, Copa Imperial, and Mazeray.