OceanaGold PhilippinesOGPIF 19 Return-on-Tangible-Asset is 18.22% as of Mar. 2026, which is 339% above its 10-year median of 4.15. GuruFocus rates OGPIF with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,665 Metals & Mining companies, OceanaGold Philippines ranks better than 91.82% 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. OceanaGold Philippines's annualizedNet Income for the quarter that ended in Mar. 2026 was $138.8 Mil. OceanaGold Philippines's average total tangible assets for the quarter that ended in Mar. 2026 was $761.7 Mil. Therefore, OceanaGold Philippines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.22%.
The historical rank and industry rank for OceanaGold Philippines's Return-on-Tangible-Asset or its related term are showing as below:
OGPIF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.59 Med: 4.15 Max: 14.26
Current: 14.26
During the past 4 years, OceanaGold Philippines's highest Return-on-Tangible-Asset was 14.26%. The lowest was 3.59%. And the median was 4.15%.
OGPIF's Return-on-Tangible-Asset is ranked better than 91.82% of 2665
companies
in the Metals & Mining industry
Industry Median: -17.32
vs OGPIF: 14.26
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.
OceanaGold Philippines Return-on-Tangible-Asset Related Terms
OceanaGold Philippines Return-on-Tangible-Asset Historical Data
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The historical data trend for OceanaGold Philippines'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.
OGPIF vs NEM, AU, CDE: Return-on-Tangible-Asset Comparison
For the Gold subindustry, OceanaGold Philippines'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.
OceanaGold Philippines Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, OceanaGold Philippines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where OceanaGold Philippines'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 18.22% mean?
OceanaGold Philippines (OGPIF) has a Return-on-Tangible-Asset of 18.22% 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 OceanaGold Philippines and its competitors. This is 339% above median its historical median of 4.15. Over the past decade, OceanaGold Philippines' Return-on-Tangible-Asset has ranged from 3.59 to 14.26. According to the industry distribution chart, OceanaGold Philippines ranks #218 out of 2665 companies in the Metals & Mining industry, placing it in the top 8.2%.
Is OceanaGold Philippines' Return-on-Tangible-Asset too high?
OceanaGold Philippines' current Return-on-Tangible-Asset of 18.22% is 339% above median its 10-year median of 4.15. Over the past 10 years, this metric has ranged from a low of 3.59 to a high of 14.26. Based on the distribution chart, OceanaGold Philippines ranks #218 out of 2665 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, OceanaGold Philippines has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does OceanaGold Philippines' Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, OceanaGold Philippines ranks #218 out of 2665 companies for Return-on-Tangible-Asset. This places OceanaGold Philippines in the top 8% of its industry — outperforming the majority of peers. Historically, OceanaGold Philippines' own Return-on-Tangible-Asset has ranged from 3.59 to 14.26 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 OceanaGold Philippines and its competitors. OceanaGold Philippines's current Return-on-Tangible-Asset is 18.22%, which is 339% above median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanaGold Philippines stock overvalued right now?
OceanaGold Philippines (OGPIF) has a current Return-on-Tangible-Asset of 18.22%. The current Return-on-Tangible-Asset is 18.22%, which is 339% above median its 10-year median of 4.15. OceanaGold Philippines' overall GF Score™ is 19/100 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 OceanaGold Philippines (OGPIF), the current Return-on-Tangible-Asset is 18.22% 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.
OceanaGold Philippines Inc operates as a producer of gold and copper in the Philippines. It is engaged in the exploration, development and utilization of mineral resources. The company operates the Didipio gold and copper mine located in the northern Luzon region of the Philippines (the Didipio Mine). The Didipio Mine produces gold dore bars (containing gold and silver) and copper concentrate. Sales from the production of these products form all the company's revenues.
19GF Score
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