Andean Precious MetalsTSX:APM 89 Return-on-Tangible-Asset is 43.06% as of Mar. 2026, which is 250% above its 10-year median of 12.29. GuruFocus rates TSX:APM with a GF Score™ of 89/100 and a GF Value™ of C$4.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,659 Metals & Mining companies, Andean Precious Metals ranks better than 97.59% 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. Andean Precious Metals's annualizedNet Income for the quarter that ended in Mar. 2026 was C$264.8 Mil. Andean Precious Metals's average total tangible assets for the quarter that ended in Mar. 2026 was C$614.9 Mil. Therefore, Andean Precious Metals's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 43.06%.
The historical rank and industry rank for Andean Precious Metals's Return-on-Tangible-Asset or its related term are showing as below:
TSX:APM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.59 Med: 12.29 Max: 39.69
Current: 39.68
During the past 6 years, Andean Precious Metals's highest Return-on-Tangible-Asset was 39.69%. The lowest was -7.59%. And the median was 12.29%.
TSX:APM's Return-on-Tangible-Asset is ranked better than 97.59% of 2659
companies
in the Metals & Mining industry
Industry Median: -17.32
vs TSX:APM: 39.68
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.
Andean Precious Metals Return-on-Tangible-Asset Related Terms
Andean Precious Metals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Andean Precious Metals'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.
TSX:APM vs EXK: Return-on-Tangible-Asset Comparison
For the Silver subindustry, Andean Precious Metals'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.
Andean Precious Metals Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Andean Precious Metals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Andean Precious Metals'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 43.06% mean?
Andean Precious Metals (TSX:APM) has a Return-on-Tangible-Asset of 43.06% 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 Andean Precious Metals and its competitors. This is 250% above median its historical median of 12.29. According to the industry distribution chart, Andean Precious Metals ranks #64 out of 2659 companies in the Metals & Mining industry, placing it in the top 2.4%.
Is Andean Precious Metals' Return-on-Tangible-Asset too high?
Andean Precious Metals' current Return-on-Tangible-Asset of 43.06% is 250% above median its 10-year median of 12.29. Based on the distribution chart, Andean Precious Metals ranks #64 out of 2659 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Andean Precious Metals has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Andean Precious Metals' Return-on-Tangible-Asset compare to EXK?
According to the Metals & Mining industry distribution chart, Andean Precious Metals ranks #64 out of 2659 companies for Return-on-Tangible-Asset. This places Andean Precious Metals in the top 2% 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 Andean Precious Metals and its competitors. Andean Precious Metals's current Return-on-Tangible-Asset is 43.06%, which is 250% above median its own 10-year median of 12.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Andean Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Andean Precious Metals (TSX:APM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$4.11, compared to a current price of C$5.80 — trading 41.1% above its estimated fair value. The current Return-on-Tangible-Asset is 43.06%, which is 250% above median its 10-year median of 12.29. Andean Precious Metals' overall GF Score™ is 89/100 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 Andean Precious Metals (TSX:APM), the current Return-on-Tangible-Asset is 43.06% 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 Andean Precious Metals (TSX:APM) Overvalued in 2026?
Based on GuruFocus' analysis, Andean Precious Metals stock appears to be overvalued.
The current stock price of C$5.80 is trading 41.1% above its estimated GF Value™ of C$4.11.
GuruFocus considers Andean Precious Metals to be Significantly Overvalued.
Key valuation signals for TSX:APM:
Return-on-Tangible-Asset: 43.06% (250% above median its 10-year median of 12.29)
GF Value™: C$4.11 vs. price of C$5.80 (41.1% above fair value)
No single metric tells the full story. See the TSX:APM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Andean Precious Metals Corp is a growing precious metals producer focused on expanding into top-tier jurisdictions in the Americas. The Company owns and operates the San Bartolome processing facility in Potosi, Bolivia, and the Soledad Mountain mine in Kern County, California, and is well-funded to act on future growth opportunities. The company, along with its subsidiaries, is engaged in the exploration, exploitation, treatment, refining, and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material. Its segments are Bolivia and the USA.
89GF Score
Get the complete analysis for TSX:APM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:APM has been successfully added to your 
