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Polyus PJSCMIC:PLZL -0.80%100 Return-on-Tangible-Asset is 23.41% as of Dec. 2025, which is 0% above its 10-year median of 23.39. GuruFocus rates MIC:PLZL with a GF Score™ of 100/100 and a GF Value™ of ₽23,840.19 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,667 Metals & Mining companies, Polyus PJSC ranks better than 95.69% 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. Polyus PJSC's annualizedNet Income for the quarter that ended in Dec. 2025 was ₽281,576 Mil. Polyus PJSC's average total tangible assets for the quarter that ended in Dec. 2025 was ₽1,202,558 Mil. Therefore, Polyus PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 23.41%.
The historical rank and industry rank for Polyus PJSC's Return-on-Tangible-Asset or its related term are showing as below:
MIC:PLZL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.08 Med: 23.39 Max: 35.51
Current: 25.38
During the past 12 years, Polyus PJSC's highest Return-on-Tangible-Asset was 35.51%. The lowest was 8.08%. And the median was 23.39%.
MIC:PLZL's Return-on-Tangible-Asset is ranked better than 95.69% of 2667
companies
in the Metals & Mining industry
Industry Median: -17.27
vs MIC:PLZL: 25.38
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.
Polyus PJSC Return-on-Tangible-Asset Related Terms
Polyus PJSC Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Polyus PJSC'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.
MIC:PLZL vs NEM, AU, RGLD: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Polyus PJSC'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.
Polyus PJSC Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Polyus PJSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Polyus PJSC'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 23.41% mean?
Polyus PJSC (MIC:PLZL) has a Return-on-Tangible-Asset of 23.41% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Polyus PJSC and its competitors. This is near median its historical median of 23.39. Over the past decade, Polyus PJSC's Return-on-Tangible-Asset has ranged from 8.08 to 35.51. According to the industry distribution chart, Polyus PJSC ranks #115 out of 2667 companies in the Metals & Mining industry, placing it in the top 4.3%.
Is Polyus PJSC's Return-on-Tangible-Asset too high?
Polyus PJSC's current Return-on-Tangible-Asset of 23.41% is near median its 10-year median of 23.39. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 35.51. Based on the distribution chart, Polyus PJSC ranks #115 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Polyus PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polyus PJSC's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Polyus PJSC ranks #115 out of 2667 companies for Return-on-Tangible-Asset. This places Polyus PJSC in the top 4% of its industry — outperforming the majority of peers. Historically, Polyus PJSC's own Return-on-Tangible-Asset has ranged from 8.08 to 35.51 over the past decade. 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 Polyus PJSC and its competitors. Polyus PJSC's current Return-on-Tangible-Asset is 23.41%, which is near median its own 10-year median of 23.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyus PJSC stock overvalued right now?
Based on GuruFocus' analysis, Polyus PJSC (MIC:PLZL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₽23,840.19, compared to a current price of ₽1,183.80 — trading 95% below its estimated fair value. The current Return-on-Tangible-Asset is 23.41%, which is near median its 10-year median of 23.39. Polyus PJSC's overall GF Score™ is 100/100 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 Polyus PJSC (MIC:PLZL), the current Return-on-Tangible-Asset is 23.41% as of Dec. 2025. 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 Polyus PJSC (MIC:PLZL) Overvalued in 2026?
Based on GuruFocus' analysis, Polyus PJSC stock appears to be undervalued.
The current stock price of ₽1,183.80 is trading 95% below its estimated GF Value™ of ₽23,840.19.
GuruFocus considers Polyus PJSC to be Significantly Undervalued.
Key valuation signals for MIC:PLZL:
Return-on-Tangible-Asset: 23.41% (near median its 10-year median of 23.39)
GF Value™: ₽23,840.19 vs. price of ₽1,183.80 (95% below fair value)
No single metric tells the full story. See the MIC:PLZL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polyus PJSC and its subsidiaries are engaged in the extraction, refining, and sale of gold. The mining and processing facilities of the company are in the Krasnoyarsk, Irkutsk, Magadan regions, and the Sakha Republic of the Russian Federation. The operating business segments are the Olimpiada business unit, the Blagodatnoye business unit, the Natalka business unit, the Verninskoye business unit, the Kuranakh business unit, the Exploration business unit, the Sukhoi Log business unit, and others.
100GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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