Orezone GoldORZCF +0.06%28 Return-on-Tangible-Asset is 16.07% as of Mar. 2026. GuruFocus rates ORZCF with a GF Score™ of 28/100 and a GF Value™ of $0.87 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,657 Metals & Mining companies, Orezone Gold ranks better than 90.37% 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. Orezone Gold's annualizedNet Income for the quarter that ended in Mar. 2026 was $158.2 Mil. Orezone Gold's average total tangible assets for the quarter that ended in Mar. 2026 was $984.6 Mil. Therefore, Orezone Gold's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 16.07%.
The historical rank and industry rank for Orezone Gold's Return-on-Tangible-Asset or its related term are showing as below:
ORZCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -116.71 Med: -29.28 Max: 14.99
Current: 12.14
During the past 13 years, Orezone Gold's highest Return-on-Tangible-Asset was 14.99%. The lowest was -116.71%. And the median was -29.28%.
ORZCF's Return-on-Tangible-Asset is ranked better than 90.37% of 2657
companies
in the Metals & Mining industry
Industry Median: -17.41
vs ORZCF: 12.14
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.
Orezone Gold Return-on-Tangible-Asset Related Terms
Orezone Gold Return-on-Tangible-Asset Historical Data
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The historical data trend for Orezone Gold'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.
ORZCF vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Orezone Gold'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.
Orezone Gold Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Orezone Gold's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Orezone Gold'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 16.07% mean?
Orezone Gold (ORZCF) has a Return-on-Tangible-Asset of 16.07% 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 Orezone Gold and its competitors. According to the industry distribution chart, Orezone Gold ranks #256 out of 2657 companies in the Metals & Mining industry, placing it in the top 9.6%.
Is Orezone Gold's Return-on-Tangible-Asset too high?
Orezone Gold's current Return-on-Tangible-Asset is 16.07%. Based on the distribution chart, Orezone Gold ranks #256 out of 2657 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Orezone Gold has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orezone Gold's Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Orezone Gold ranks #256 out of 2657 companies for Return-on-Tangible-Asset. This places Orezone Gold in the top 10% 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 Orezone Gold and its competitors. Orezone Gold's current Return-on-Tangible-Asset is 16.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orezone Gold stock overvalued right now?
Based on GuruFocus' analysis, Orezone Gold (ORZCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.87, compared to a current price of $1.72 — trading 98.2% above its estimated fair value. The current Return-on-Tangible-Asset is 16.07%. Orezone Gold's overall GF Score™ is 28/100 with 3 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 Orezone Gold (ORZCF), the current Return-on-Tangible-Asset is 16.07% 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 Orezone Gold (ORZCF) Overvalued in 2026?
Based on GuruFocus' analysis, Orezone Gold stock appears to be overvalued.
The current stock price of $1.72 is trading 98.2% above its estimated GF Value™ of $0.87.
GuruFocus considers Orezone Gold to be Significantly Overvalued.
Key valuation signals for ORZCF:
Return-on-Tangible-Asset: 16.07%
GF Value™: $0.87 vs. price of $1.72 (98.2% above fair value)
No single metric tells the full story. See the ORZCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation, and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties.
28GF Score
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