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Metals ExplorationMTLEF -16.23%61 Return-on-Tangible-Asset is 17.01% as of Dec. 2025, which is 118% above its 10-year median of 7.81. GuruFocus rates MTLEF with a GF Score™ of 61/100. The stock has 7 warning signs investors should review. Among 2,670 Metals & Mining companies, Metals Exploration ranks better than 88.8% 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. Metals Exploration's annualizedNet Income for the quarter that ended in Dec. 2025 was $49.5 Mil. Metals Exploration's average total tangible assets for the quarter that ended in Dec. 2025 was $291.1 Mil. Therefore, Metals Exploration's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 17.01%.
The historical rank and industry rank for Metals Exploration's Return-on-Tangible-Asset or its related term are showing as below:
MTLEF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -105.04 Med: 7.81 Max: 77.74
Current: 11.28
During the past 13 years, Metals Exploration's highest Return-on-Tangible-Asset was 77.74%. The lowest was -105.04%. And the median was 7.81%.
MTLEF's Return-on-Tangible-Asset is ranked better than 88.8% of 2670
companies
in the Metals & Mining industry
Industry Median: -16.855
vs MTLEF: 11.28
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.
Metals Exploration Return-on-Tangible-Asset Related Terms
Metals Exploration Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Metals Exploration'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.
MTLEF vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Metals Exploration'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.
Metals Exploration Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Metals Exploration's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Metals Exploration'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 17.01% mean?
Metals Exploration (MTLEF) has a Return-on-Tangible-Asset of 17.01% 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 Metals Exploration and its competitors. This is 118% above median its historical median of 7.81. According to the industry distribution chart, Metals Exploration ranks #299 out of 2670 companies in the Metals & Mining industry, placing it in the top 11.2%.
Is Metals Exploration's Return-on-Tangible-Asset too high?
Metals Exploration's current Return-on-Tangible-Asset of 17.01% is 118% above median its 10-year median of 7.81. Based on the distribution chart, Metals Exploration ranks #299 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Metals Exploration has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Metals Exploration's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Metals Exploration ranks #299 out of 2670 companies for Return-on-Tangible-Asset. This places Metals Exploration in the top 11% 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 Metals Exploration and its competitors. Metals Exploration's current Return-on-Tangible-Asset is 17.01%, which is 118% above median its own 10-year median of 7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metals Exploration stock overvalued right now?
Metals Exploration (MTLEF) has a current Return-on-Tangible-Asset of 17.01%. The current Return-on-Tangible-Asset is 17.01%, which is 118% above median its 10-year median of 7.81. Metals Exploration's overall GF Score™ is 61/100 with 7 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 Metals Exploration (MTLEF), the current Return-on-Tangible-Asset is 17.01% 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.
Metals Exploration PLC is a natural resource exploration and development company. The company identifies, acquires, and develops mining and processing projects, mining companies, and businesses with a focus on base and precious metals mining opportunities. The main asset of the company is the Runruno gold-molybdenum project in Northern Philippines. The company operates in geographic areas of the UK, Philippines, and Singapore.
61GF Score
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