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Smooth Rock VenturesSMRVF 26 Return-on-Tangible-Asset is 79.58% as of Mar. 2026. GuruFocus rates SMRVF with a GF Score™ of 26/100. Among 2,666 Metals & Mining companies, Smooth Rock Ventures ranks better than 89.72% 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. Smooth Rock Ventures's annualizedNet Income for the quarter that ended in Mar. 2026 was $0.82 Mil. Smooth Rock Ventures's average total tangible assets for the quarter that ended in Mar. 2026 was $1.04 Mil. Therefore, Smooth Rock Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 79.58%.
The historical rank and industry rank for Smooth Rock Ventures's Return-on-Tangible-Asset or its related term are showing as below:
SMRVF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -379.82 Med: -28.79 Max: 11.29
Current: 11.29
During the past 13 years, Smooth Rock Ventures's highest Return-on-Tangible-Asset was 11.29%. The lowest was -379.82%. And the median was -28.79%.
SMRVF's Return-on-Tangible-Asset is ranked better than 89.72% of 2666
companies
in the Metals & Mining industry
Industry Median: -17.365
vs SMRVF: 11.29
Smooth Rock Ventures (OTCPK:SMRVF) Return-on-Tangible-Asset Explanation
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.
Smooth Rock Ventures Return-on-Tangible-Asset Related Terms
Smooth Rock Ventures Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Smooth Rock Ventures'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.
Smooth Rock Ventures Return-on-Tangible-Asset Chart
Smooth Rock Ventures Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Smooth Rock Ventures'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.
Smooth Rock Ventures Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Smooth Rock Ventures's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Smooth Rock Ventures'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 79.58% mean?
Smooth Rock Ventures (SMRVF) has a Return-on-Tangible-Asset of 79.58% 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 Smooth Rock Ventures and its competitors. According to the industry distribution chart, Smooth Rock Ventures ranks #274 out of 2666 companies in the Metals & Mining industry, placing it in the top 10.3%.
Is Smooth Rock Ventures' Return-on-Tangible-Asset too high?
Smooth Rock Ventures' current Return-on-Tangible-Asset is 79.58%. Based on the distribution chart, Smooth Rock Ventures ranks #274 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Smooth Rock Ventures has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Smooth Rock Ventures' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Smooth Rock Ventures ranks #274 out of 2666 companies for Return-on-Tangible-Asset. This places Smooth Rock Ventures 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 Smooth Rock Ventures and its competitors. Smooth Rock Ventures's current Return-on-Tangible-Asset is 79.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smooth Rock Ventures stock overvalued right now?
Smooth Rock Ventures (SMRVF) has a current Return-on-Tangible-Asset of 79.58%. The current Return-on-Tangible-Asset is 79.58%. Smooth Rock Ventures' overall GF Score™ is 26/100. 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 Smooth Rock Ventures (SMRVF), the current Return-on-Tangible-Asset is 79.58% 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.
Smooth Rock Ventures Corp is an exploration-stage company. Its activity is the acquisition and exploration of exploration and evaluation assets. Its projects are Palmetto Gold, and Giroux.
26GF Score
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