Northern GraphiteNGPHF +5.44%21 Return-on-Tangible-Asset is -59.52% as of Mar. 2026. GuruFocus rates NGPHF with a GF Score™ of 21/100 and a GF Value™ of $0.11 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,659 Metals & Mining companies, Northern Graphite ranks worse than 64.39% 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. Northern Graphite's annualizedNet Income for the quarter that ended in Mar. 2026 was $-29.00 Mil. Northern Graphite's average total tangible assets for the quarter that ended in Mar. 2026 was $48.73 Mil. Therefore, Northern Graphite's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -59.52%.
The historical rank and industry rank for Northern Graphite's Return-on-Tangible-Asset or its related term are showing as below:
NGPHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -47.61 Med: -15.34 Max: -3.77
Current: -37.34
During the past 13 years, Northern Graphite's highest Return-on-Tangible-Asset was -3.77%. The lowest was -47.61%. And the median was -15.34%.
NGPHF's Return-on-Tangible-Asset is ranked worse than 64.39% of 2659
companies
in the Metals & Mining industry
Industry Median: -17.32
vs NGPHF: -37.34
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.
Northern Graphite Return-on-Tangible-Asset Related Terms
Northern Graphite Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Northern Graphite'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.
For the Other Industrial Metals & Mining subindustry, Northern Graphite'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.
Northern Graphite Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Northern Graphite's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Northern Graphite'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 -59.52% mean?
Northern Graphite (NGPHF) has a Return-on-Tangible-Asset of -59.52% 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 Northern Graphite and its competitors. According to the industry distribution chart, Northern Graphite ranks #1712 out of 2659 companies in the Metals & Mining industry, placing it in the top 64.4%.
Is Northern Graphite's Return-on-Tangible-Asset too high?
Northern Graphite's current Return-on-Tangible-Asset is -59.52%. Based on the distribution chart, Northern Graphite ranks #1712 out of 2659 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Northern Graphite has a GF Score™ of 21/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Graphite's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Northern Graphite ranks #1712 out of 2659 companies for Return-on-Tangible-Asset. This places Northern Graphite in the lower half of its industry. 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 Northern Graphite and its competitors. Northern Graphite's current Return-on-Tangible-Asset is -59.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Graphite stock overvalued right now?
Based on GuruFocus' analysis, Northern Graphite (NGPHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.11, compared to a current price of $0.09 — trading 13.7% below its estimated fair value. The current Return-on-Tangible-Asset is -59.52%. Northern Graphite's overall GF Score™ is 21/100 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 Northern Graphite (NGPHF), the current Return-on-Tangible-Asset is -59.52% 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 Northern Graphite (NGPHF) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Graphite stock appears to be undervalued.
The current stock price of $0.09 is trading 13.7% below its estimated GF Value™ of $0.11.
GuruFocus considers Northern Graphite to be Modestly Undervalued.
Key valuation signals for NGPHF:
Return-on-Tangible-Asset: -59.52%
GF Value™: $0.11 vs. price of $0.09 (13.7% below fair value)
No single metric tells the full story. See the NGPHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Graphite Corp is the flake graphite-producing company in North America. It is focused on producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells, and graphene, as well as industrial technologies. Its graphite assets include the producing Lac des Iles mine in Quebec, where the company is boosting output to meet growing demand from industrial customers and future demand from North American battery makers. It also owns the Bissett Creek graphite project in Ontario and the fully permitted Okanjande graphite mine in Namibia. It has three operating segments: Mining-LDI, Mining-Okanjande, Battery Materials, and corporate.
21GF Score
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