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Fredonia MiningFREDF 28 Return-on-Tangible-Asset is -161.88% as of Mar. 2026. GuruFocus rates FREDF with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 2,670 Metals & Mining companies, Fredonia Mining ranks worse than 88.99% 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. Fredonia Mining's annualizedNet Income for the quarter that ended in Mar. 2026 was $-3.72 Mil. Fredonia Mining's average total tangible assets for the quarter that ended in Mar. 2026 was $2.30 Mil. Therefore, Fredonia Mining's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -161.88%.
The historical rank and industry rank for Fredonia Mining's Return-on-Tangible-Asset or its related term are showing as below:
FREDF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -169.19 Med: -131.31 Max: -8.37
Current: -166.5
During the past 6 years, Fredonia Mining's highest Return-on-Tangible-Asset was -8.37%. The lowest was -169.19%. And the median was -131.31%.
FREDF's Return-on-Tangible-Asset is ranked worse than 88.99% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.365
vs FREDF: -166.50
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.
Fredonia Mining Return-on-Tangible-Asset Related Terms
Fredonia Mining Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Fredonia Mining'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, Fredonia Mining'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.
Fredonia Mining Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fredonia Mining's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Fredonia Mining'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 -161.88% mean?
Fredonia Mining (FREDF) has a Return-on-Tangible-Asset of -161.88% 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 Fredonia Mining and its competitors. According to the industry distribution chart, Fredonia Mining ranks #2376 out of 2670 companies in the Metals & Mining industry, placing it in the top 89%.
Is Fredonia Mining's Return-on-Tangible-Asset too high?
Fredonia Mining's current Return-on-Tangible-Asset is -161.88%. Based on the distribution chart, Fredonia Mining ranks #2376 out of 2670 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fredonia Mining has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Fredonia Mining's Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Fredonia Mining ranks #2376 out of 2670 companies for Return-on-Tangible-Asset. This places Fredonia Mining in the lower half of its industry. 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 Fredonia Mining and its competitors. Fredonia Mining's current Return-on-Tangible-Asset is -161.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fredonia Mining stock overvalued right now?
Fredonia Mining (FREDF) has a current Return-on-Tangible-Asset of -161.88%. The current Return-on-Tangible-Asset is -161.88%. Fredonia Mining's overall GF Score™ is 28/100 with 1 warning sign 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 Fredonia Mining (FREDF), the current Return-on-Tangible-Asset is -161.88% 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.
Fredonia Mining Inc is engaged in the exploration of precious metals in Argentina. Fredonia holds licenses over three areas in the Deseado including the flagship El Dorado Monserrat Project, EDM, as well as El Aguila, and Hornia. Fredonia has undertaken exploration drill programs on EDM and El Aguila with encouraging results. Hornia is an underexplored area but historic drilling indicates the realistic potential for further discoveries. El Aguila is interpreted as a failed caldera with gold mineralization encountered in radial as well as ring structures.
28GF Score
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