Richmond MineralsRMDFF +403.64%31 Return-on-Tangible-Asset is 15.92% as of Feb. 2026. GuruFocus rates RMDFF with a GF Score™ of 31/100. Among 2,667 Metals & Mining companies, Richmond Minerals ranks better than 88.94% 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. Richmond Minerals's annualizedNet Income for the quarter that ended in Feb. 2026 was $0.33 Mil. Richmond Minerals's average total tangible assets for the quarter that ended in Feb. 2026 was $2.09 Mil. Therefore, Richmond Minerals's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 15.92%.
The historical rank and industry rank for Richmond Minerals's Return-on-Tangible-Asset or its related term are showing as below:
RMDFF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -60.85 Med: -18.53 Max: 10.11
Current: 10.11
During the past 13 years, Richmond Minerals's highest Return-on-Tangible-Asset was 10.11%. The lowest was -60.85%. And the median was -18.53%.
RMDFF's Return-on-Tangible-Asset is ranked better than 88.94% of 2667
companies
in the Metals & Mining industry
Industry Median: -17.27
vs RMDFF: 10.11
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.
Richmond Minerals Return-on-Tangible-Asset Related Terms
Richmond Minerals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Richmond Minerals'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 Precious Metals & Mining subindustry, Richmond Minerals'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.
Richmond Minerals Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Richmond Minerals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Richmond Minerals'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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.92% mean?
Richmond Minerals (RMDFF) has a Return-on-Tangible-Asset of 15.92% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Richmond Minerals and its competitors. According to the industry distribution chart, Richmond Minerals ranks #295 out of 2667 companies in the Metals & Mining industry, placing it in the top 11.1%.
Is Richmond Minerals' Return-on-Tangible-Asset too high?
Richmond Minerals' current Return-on-Tangible-Asset is 15.92%. Based on the distribution chart, Richmond Minerals ranks #295 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Richmond Minerals has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Richmond Minerals' Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Richmond Minerals ranks #295 out of 2667 companies for Return-on-Tangible-Asset. This places Richmond Minerals in the top 11% 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 Richmond Minerals and its competitors. Richmond Minerals's current Return-on-Tangible-Asset is 15.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Richmond Minerals stock overvalued right now?
Richmond Minerals (RMDFF) has a current Return-on-Tangible-Asset of 15.92%. The current Return-on-Tangible-Asset is 15.92%. Richmond Minerals' overall GF Score™ is 31/100. 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 Richmond Minerals (RMDFF), the current Return-on-Tangible-Asset is 15.92% as of Feb. 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.
Richmond Minerals Inc is engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario. The company is in the process of exploring its mineral properties and has not yet determined whether these properties contain ore reserves that are economically recoverable. Its property consists of the Ridley Lake Gold Project. It operates in one industry segment, Junior exploration and evaluation, and geographically in one country, Canada.
31GF Score
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