Ramelius ResourcesRMLRF +5.00%72 Return-on-Tangible-Asset is -0.67% as of Dec. 2025. GuruFocus rates RMLRF with a GF Score™ of 72/100 and a GF Value™ of $1.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,658 Metals & Mining companies, Ramelius Resources ranks better than 88.45% 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. Ramelius Resources's annualizedNet Income for the quarter that ended in Dec. 2025 was $-15.6 Mil. Ramelius Resources's average total tangible assets for the quarter that ended in Dec. 2025 was $2,308.1 Mil. Therefore, Ramelius Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -0.67%.
The historical rank and industry rank for Ramelius Resources's Return-on-Tangible-Asset or its related term are showing as below:
RMLRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.38 Med: 13.23 Max: 23.81
Current: 9.88
During the past 13 years, Ramelius Resources's highest Return-on-Tangible-Asset was 23.81%. The lowest was 1.38%. And the median was 13.23%.
RMLRF's Return-on-Tangible-Asset is ranked better than 88.45% of 2658
companies
in the Metals & Mining industry
Industry Median: -17.365
vs RMLRF: 9.88
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.
Ramelius Resources Return-on-Tangible-Asset Related Terms
Ramelius Resources Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ramelius Resources'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.
RMLRF vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Ramelius Resources'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.
Ramelius Resources Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ramelius Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ramelius Resources'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -0.67% mean?
Ramelius Resources (RMLRF) has a Return-on-Tangible-Asset of -0.67% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ramelius Resources and its competitors. Over the past decade, Ramelius Resources' Return-on-Tangible-Asset has ranged from 1.38 to 23.81. According to the industry distribution chart, Ramelius Resources ranks #307 out of 2658 companies in the Metals & Mining industry, placing it in the top 11.6%.
Is Ramelius Resources' Return-on-Tangible-Asset too high?
Ramelius Resources' current Return-on-Tangible-Asset is -0.67%. Over the past 10 years, this metric has ranged from a low of 1.38 to a high of 23.81. Based on the distribution chart, Ramelius Resources ranks #307 out of 2658 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ramelius Resources has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramelius Resources' Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Ramelius Resources ranks #307 out of 2658 companies for Return-on-Tangible-Asset. This places Ramelius Resources in the top 12% of its industry — outperforming the majority of peers. Historically, Ramelius Resources' own Return-on-Tangible-Asset has ranged from 1.38 to 23.81 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 Ramelius Resources and its competitors. Ramelius Resources's current Return-on-Tangible-Asset is -0.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramelius Resources stock overvalued right now?
Based on GuruFocus' analysis, Ramelius Resources (RMLRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.09, compared to a current price of $2.10 — trading 92.7% above its estimated fair value. The current Return-on-Tangible-Asset is -0.67%. Ramelius Resources' overall GF Score™ is 72/100 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 Ramelius Resources (RMLRF), the current Return-on-Tangible-Asset is -0.67% as of Dec. 2025. 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 Ramelius Resources (RMLRF) Overvalued in 2026?
Based on GuruFocus' analysis, Ramelius Resources stock appears to be overvalued.
The current stock price of $2.10 is trading 92.7% above its estimated GF Value™ of $1.09.
GuruFocus considers Ramelius Resources to be Significantly Overvalued.
Key valuation signals for RMLRF:
Return-on-Tangible-Asset: -0.67%
GF Value™: $1.09 vs. price of $2.10 (92.7% above fair value)
No single metric tells the full story. See the RMLRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramelius Resources Ltd is a gold exploration and production company with exploration activities focused in Western Australia. The company also explores for base metals. The company has three segments: Mt Magnet, involving mining and processing of gold from the Mt Magnet region including the Penny and Cue Gold Mines; Edna May, involving mining and processing of gold from the Edna May region including the Marda, Tampia, and Symes Gold Mines; and Exploration, which covers exploration and evaluation of gold mineralization, notably the Rebecca-Roe projects. The company generates the majority of its revenue from the Mt Magnet segment.
72GF Score
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