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Newport ExplorationNWXPF 33 Return-on-Tangible-Asset is 4.89% as of Apr. 2026, which is 91% below its 10-year median of 53.46. GuruFocus rates NWXPF with a GF Score™ of 33/100. Among 2,666 Metals & Mining companies, Newport Exploration ranks better than 85.26% 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. Newport Exploration's annualizedNet Income for the quarter that ended in Apr. 2026 was $0.12 Mil. Newport Exploration's average total tangible assets for the quarter that ended in Apr. 2026 was $2.53 Mil. Therefore, Newport Exploration's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 4.89%.
The historical rank and industry rank for Newport Exploration's Return-on-Tangible-Asset or its related term are showing as below:
NWXPF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.76 Med: 53.46 Max: 74.29
Current: 6.76
During the past 13 years, Newport Exploration's highest Return-on-Tangible-Asset was 74.29%. The lowest was 6.76%. And the median was 53.46%.
NWXPF's Return-on-Tangible-Asset is ranked better than 85.26% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.3
vs NWXPF: 6.76
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.
Newport Exploration Return-on-Tangible-Asset Related Terms
Newport Exploration Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Newport 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.
For the Other Industrial Metals & Mining subindustry, Newport 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.
Newport Exploration Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newport Exploration's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Newport 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.89% mean?
Newport Exploration (NWXPF) has a Return-on-Tangible-Asset of 4.89% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Newport Exploration and its competitors. This is 91% below median its historical median of 53.46. Over the past decade, Newport Exploration's Return-on-Tangible-Asset has ranged from 6.76 to 74.29. According to the industry distribution chart, Newport Exploration ranks #393 out of 2666 companies in the Metals & Mining industry, placing it in the top 14.7%.
Is Newport Exploration's Return-on-Tangible-Asset too high?
Newport Exploration's current Return-on-Tangible-Asset of 4.89% is 91% below median its 10-year median of 53.46. Over the past 10 years, this metric has ranged from a low of 6.76 to a high of 74.29. Based on the distribution chart, Newport Exploration ranks #393 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Newport Exploration has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Newport Exploration's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Newport Exploration ranks #393 out of 2666 companies for Return-on-Tangible-Asset. This places Newport Exploration in the top 15% of its industry — outperforming the majority of peers. Historically, Newport Exploration's own Return-on-Tangible-Asset has ranged from 6.76 to 74.29 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 Newport Exploration and its competitors. Newport Exploration's current Return-on-Tangible-Asset is 4.89%, which is 91% below median its own 10-year median of 53.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newport Exploration stock overvalued right now?
Newport Exploration (NWXPF) has a current Return-on-Tangible-Asset of 4.89%. The current Return-on-Tangible-Asset is 4.89%, which is 91% below median its 10-year median of 53.46. Newport Exploration's overall GF Score™ is 33/100. 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 Newport Exploration (NWXPF), the current Return-on-Tangible-Asset is 4.89% as of Apr. 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.
Newport Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of resource properties. The company holds an interest in the Cooper Basin in Australia, an onshore oil and gas development area operated by Beach Energy, and derives royalty income from this interest. It also holds an interest in Chu Chua, a sulphide deposit located north of Kamloops, British Columbia. The company operates in a single segment with its exploration asset in Canada, and its royalty income being derived from Australia.
33GF Score
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