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K92 MiningKNTNF -4.52%97 Return-on-Tangible-Asset is 46.50% as of Mar. 2026, which is 180% above its 10-year median of 16.59. GuruFocus rates KNTNF with a GF Score™ of 97/100 and a GF Value™ of $19.44 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,670 Metals & Mining companies, K92 Mining ranks better than 97% 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. K92 Mining's annualizedNet Income for the quarter that ended in Mar. 2026 was $466.5 Mil. K92 Mining's average total tangible assets for the quarter that ended in Mar. 2026 was $1,003.2 Mil. Therefore, K92 Mining's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 46.50%.
The historical rank and industry rank for K92 Mining's Return-on-Tangible-Asset or its related term are showing as below:
KNTNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -133.3 Med: 16.59 Max: 61.16
Current: 36.15
During the past 13 years, K92 Mining's highest Return-on-Tangible-Asset was 61.16%. The lowest was -133.30%. And the median was 16.59%.
KNTNF's Return-on-Tangible-Asset is ranked better than 97% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.365
vs KNTNF: 36.15
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.
K92 Mining Return-on-Tangible-Asset Related Terms
K92 Mining Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for K92 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.
KNTNF vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, K92 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.
K92 Mining Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, K92 Mining's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where K92 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 46.50% mean?
K92 Mining (KNTNF) has a Return-on-Tangible-Asset of 46.50% 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 K92 Mining and its competitors. This is 180% above median its historical median of 16.59. According to the industry distribution chart, K92 Mining ranks #80 out of 2670 companies in the Metals & Mining industry, placing it in the top 3%.
Is K92 Mining's Return-on-Tangible-Asset too high?
K92 Mining's current Return-on-Tangible-Asset of 46.50% is 180% above median its 10-year median of 16.59. Based on the distribution chart, K92 Mining ranks #80 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, K92 Mining has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does K92 Mining's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, K92 Mining ranks #80 out of 2670 companies for Return-on-Tangible-Asset. This places K92 Mining 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 K92 Mining and its competitors. K92 Mining's current Return-on-Tangible-Asset is 46.50%, which is 180% above median its own 10-year median of 16.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is K92 Mining stock overvalued right now?
Based on GuruFocus' analysis, K92 Mining (KNTNF) is currently considered Modestly Undervalued. The stock's GF Value™ is $19.44, compared to a current price of $14.48 — trading 25.5% below its estimated fair value. The current Return-on-Tangible-Asset is 46.50%, which is 180% above median its 10-year median of 16.59. K92 Mining's overall GF Score™ is 97/100 with 2 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 K92 Mining (KNTNF), the current Return-on-Tangible-Asset is 46.50% 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 K92 Mining (KNTNF) Overvalued in 2026?
Based on GuruFocus' analysis, K92 Mining stock appears to be undervalued.
The current stock price of $14.48 is trading 25.5% below its estimated GF Value™ of $19.44.
GuruFocus considers K92 Mining to be Modestly Undervalued.
Key valuation signals for KNTNF:
Return-on-Tangible-Asset: 46.50% (180% above median its 10-year median of 16.59)
GF Value™: $19.44 vs. price of $14.48 (25.5% below fair value)
No single metric tells the full story. See the KNTNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
K92 Mining Inc engaged in the production of gold, copper, and silver at the Kainantu Gold Mine in Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake and Arakompa.
97GF Score
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