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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. Labrador Iron Ore Royalty's annualizedNet Income for the quarter that ended in Mar. 2026 was $38.5 Mil. Labrador Iron Ore Royalty's average total tangible assets for the quarter that ended in Mar. 2026 was $584.0 Mil. Therefore, Labrador Iron Ore Royalty's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.59%.
The historical rank and industry rank for Labrador Iron Ore Royalty's Return-on-Tangible-Asset or its related term are showing as below:
LIFZF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.77 Med: 21.78 Max: 47.1
Current: 11.47
During the past 13 years, Labrador Iron Ore Royalty's highest Return-on-Tangible-Asset was 47.10%. The lowest was 10.77%. And the median was 21.78%.
LIFZF's Return-on-Tangible-Asset is ranked better than 93.22% of 634
companies
in the Steel industry
Industry Median: 2.015
vs LIFZF: 11.47
Labrador Iron Ore Royalty (OTCPK:LIFZF) 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 companyÂ’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 companyÂ’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.
Labrador Iron Ore Royalty Return-on-Tangible-Asset Related Terms
Labrador Iron Ore Royalty Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Labrador Iron Ore Royalty'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.
Labrador Iron Ore Royalty Return-on-Tangible-Asset Chart
LIFZF vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Labrador Iron Ore Royalty'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.
Labrador Iron Ore Royalty Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Labrador Iron Ore Royalty'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 6.59% mean?
Labrador Iron Ore Royalty (LIFZF) has a Return-on-Tangible-Asset of 6.59% 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 Labrador Iron Ore Royalty and its competitors. This is 70% below median its historical median of 21.78. Over the past decade, Labrador Iron Ore Royalty's Return-on-Tangible-Asset has ranged from 10.77 to 47.10. According to the industry distribution chart, Labrador Iron Ore Royalty ranks #43 out of 634 companies in the Steel industry, placing it in the top 6.8%.
Is Labrador Iron Ore Royalty's Return-on-Tangible-Asset too high?
Labrador Iron Ore Royalty's current Return-on-Tangible-Asset of 6.59% is 70% below median its 10-year median of 21.78. Over the past 10 years, this metric has ranged from a low of 10.77 to a high of 47.10. The Steel industry median Return-on-Tangible-Asset is 2.02. Labrador Iron Ore Royalty's value of 6.59% is 227% above this industry median. Based on the distribution chart, Labrador Iron Ore Royalty ranks #43 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Labrador Iron Ore Royalty has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Labrador Iron Ore Royalty's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Labrador Iron Ore Royalty ranks #43 out of 634 companies for Return-on-Tangible-Asset. This places Labrador Iron Ore Royalty in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.02. Labrador Iron Ore Royalty's value of 6.59% is 227% above this benchmark. Historically, Labrador Iron Ore Royalty's own Return-on-Tangible-Asset has ranged from 10.77 to 47.10 over the past decade. While the company's 10-year median is 21.78 vs. the industry median of 2.02, Labrador Iron Ore Royalty has consistently been above the industry average. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.02, based on 634 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. Labrador Iron Ore Royalty's current Return-on-Tangible-Asset of 6.59% is 227% above the industry median. 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 Labrador Iron Ore Royalty and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labrador Iron Ore Royalty's current Return-on-Tangible-Asset is 6.59%, which is 70% below median its own 10-year median of 21.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Iron Ore Royalty stock overvalued right now?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty (LIFZF) is currently considered Fairly Valued. The stock's GF Value™ is $18.07, compared to a current price of $18.25 — trading 1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.59%, which is 70% below median its 10-year median of 21.78 and 227% above the Steel industry median of 2.02. Labrador Iron Ore Royalty's overall GF Score™ is 75/100 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 Labrador Iron Ore Royalty (LIFZF), the current Return-on-Tangible-Asset is 6.59% 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 Labrador Iron Ore Royalty (LIFZF) Overvalued in 2026?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty stock appears to be overvalued.
The current stock price of $18.25 is trading 1% above its estimated GF Value™ of $18.07.
GuruFocus considers Labrador Iron Ore Royalty to be Fairly Valued.
Key valuation signals for LIFZF:
Return-on-Tangible-Asset: 6.59% (70% below median its 10-year median of 21.78)
GF Value™: $18.07 vs. price of $18.25 (1% above fair value)
Industry Position: 227% above the Steel median (#43 of 634)
No single metric tells the full story. See the LIFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.
75GF Score
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