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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. Lucara Diamond's annualizedNet Income for the quarter that ended in Mar. 2026 was kr-543 Mil. Lucara Diamond's average total tangible assets for the quarter that ended in Mar. 2026 was kr8,090 Mil. Therefore, Lucara Diamond's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.71%.
The historical rank and industry rank for Lucara Diamond's Return-on-Tangible-Asset or its related term are showing as below:
LTS:0QUI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.16 Med: 5.21 Max: 21.55
Current: 1.5
During the past 13 years, Lucara Diamond's highest Return-on-Tangible-Asset was 21.55%. The lowest was -8.16%. And the median was 5.21%.
LTS:0QUI's Return-on-Tangible-Asset is ranked better than 77.47% of 2668
companies
in the Metals & Mining industry
Industry Median: -17.41
vs LTS:0QUI: 1.50
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.
Lucara Diamond Return-on-Tangible-Asset Related Terms
Lucara Diamond Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lucara Diamond'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.
LTS:0QUI vs HL: Return-on-Tangible-Asset Comparison
For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.
Lucara Diamond Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lucara Diamond's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lucara Diamond'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 -6.71% mean?
Lucara Diamond (LTS:0QUI) has a Return-on-Tangible-Asset of -6.71% 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 Lucara Diamond and its competitors. According to the industry distribution chart, Lucara Diamond ranks #601 out of 2668 companies in the Metals & Mining industry, placing it in the top 22.5%.
Is Lucara Diamond's Return-on-Tangible-Asset too high?
Lucara Diamond's current Return-on-Tangible-Asset is -6.71%. Based on the distribution chart, Lucara Diamond ranks #601 out of 2668 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Lucara Diamond has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Lucara Diamond's Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Lucara Diamond ranks #601 out of 2668 companies for Return-on-Tangible-Asset. This places Lucara Diamond in the top 23% 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 Lucara Diamond and its competitors. Lucara Diamond's current Return-on-Tangible-Asset is -6.71%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lucara Diamond stock overvalued right now?
Lucara Diamond (LTS:0QUI) has a current Return-on-Tangible-Asset of -6.71%. The stock's GF Value™ is kr3.45, compared to a current price of kr2.19 — trading 36.5% below its estimated fair value. The current Return-on-Tangible-Asset is -6.71%. Lucara Diamond's overall GF Score™ is 51/100 with 6 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 Lucara Diamond (LTS:0QUI), the current Return-on-Tangible-Asset is -6.71% 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 Lucara Diamond (LTS:0QUI) Overvalued in 2026?
Based on GuruFocus' analysis, Lucara Diamond stock appears to be undervalued.
The current stock price of kr2.19 is trading 36.5% below its estimated GF Value™ of kr3.45.
Key valuation signals for LTS:0QUI:
Return-on-Tangible-Asset: -6.71%
GF Value™: kr3.45 vs. price of kr2.19 (36.5% below fair value)
No single metric tells the full story. See the LTS:0QUI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lucara Diamond Corp is a diamond mining company focused on the development and operation of its Karowe Mine located in Botswana. The company has one operating segment: Karowe Mine, from which it derives revenue.
51GF Score
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