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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Metalore ResourcesMTLRF 57 Return-on-Tangible-Asset is -20.54% as of Mar. 2026. GuruFocus rates MTLRF with a GF Score™ of 57/100 and a GF Value™ of $2.75 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,027 Oil & Gas companies, Metalore Resources ranks worse than 73.32% 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. Metalore Resources's annualizedNet Income for the quarter that ended in Mar. 2026 was $-1.22 Mil. Metalore Resources's average total tangible assets for the quarter that ended in Mar. 2026 was $5.96 Mil. Therefore, Metalore Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -20.54%.
The historical rank and industry rank for Metalore Resources's Return-on-Tangible-Asset or its related term are showing as below:
MTLRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.01 Med: -0.82 Max: 16.91
Current: -5.01
During the past 13 years, Metalore Resources's highest Return-on-Tangible-Asset was 16.91%. The lowest was -23.01%. And the median was -0.82%.
MTLRF's Return-on-Tangible-Asset is ranked worse than 73.32% of 1027
companies
in the Oil & Gas industry
Industry Median: 2.04
vs MTLRF: -5.01
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.
Metalore Resources Return-on-Tangible-Asset Related Terms
Metalore Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Metalore Resources'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.
MTLRF vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Metalore Resources'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.
Metalore Resources Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Metalore Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Metalore Resources'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 -20.54% mean?
Metalore Resources (MTLRF) has a Return-on-Tangible-Asset of -20.54% 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 Metalore Resources and its competitors. According to the industry distribution chart, Metalore Resources ranks #753 out of 1027 companies in the Oil & Gas industry, placing it in the top 73.3%.
Is Metalore Resources' Return-on-Tangible-Asset too high?
Metalore Resources' current Return-on-Tangible-Asset is -20.54%. Based on the distribution chart, Metalore Resources ranks #753 out of 1027 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Metalore Resources has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalore Resources' Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Metalore Resources ranks #753 out of 1027 companies for Return-on-Tangible-Asset. This places Metalore Resources in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.04. 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.04, based on 1,027 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. 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 Metalore Resources and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalore Resources's current Return-on-Tangible-Asset is -20.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalore Resources stock overvalued right now?
Based on GuruFocus' analysis, Metalore Resources (MTLRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.75, compared to a current price of $1.60 — trading 41.8% below its estimated fair value. The current Return-on-Tangible-Asset is -20.54%. Metalore Resources' overall GF Score™ is 57/100 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 Metalore Resources (MTLRF), the current Return-on-Tangible-Asset is -20.54% 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 Metalore Resources (MTLRF) Overvalued in 2026?
Based on GuruFocus' analysis, Metalore Resources stock appears to be undervalued.
The current stock price of $1.60 is trading 41.8% below its estimated GF Value™ of $2.75.
GuruFocus considers Metalore Resources to be Significantly Undervalued.
Key valuation signals for MTLRF:
Return-on-Tangible-Asset: -20.54%
GF Value™: $2.75 vs. price of $1.60 (41.8% below fair value)
No single metric tells the full story. See the MTLRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of its revenue from the sale of natural gas.
57GF Score
Get the complete analysis for MTLRF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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