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Orbit Garant DrillingTSX:OGD 44 Return-on-Tangible-Asset is -3.37% as of Mar. 2026. GuruFocus rates TSX:OGD with a GF Score™ of 44/100 and a GF Value™ of C$0.85 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,668 Metals & Mining companies, Orbit Garant Drilling ranks better than 78.11% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Orbit Garant Drilling's annualizedNet Income for the quarter that ended in Mar. 2026 was C$-4.8 Mil. Orbit Garant Drilling's average total tangible assets for the quarter that ended in Mar. 2026 was C$142.3 Mil. Therefore, Orbit Garant Drilling's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -3.37%.
The historical rank and industry rank for Orbit Garant Drilling's Return-on-Tangible-Asset or its related term are showing as below:
TSX:OGD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.6 Med: -1.22 Max: 6.03
Current: 1.97
During the past 13 years, Orbit Garant Drilling's highest Return-on-Tangible-Asset was 6.03%. The lowest was -5.60%. And the median was -1.22%.
TSX:OGD's Return-on-Tangible-Asset is ranked better than 78.11% of 2668
companies
in the Metals & Mining industry
Industry Median: -17.275
vs TSX:OGD: 1.97
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.
Orbit Garant Drilling Return-on-Tangible-Asset Related Terms
Orbit Garant Drilling Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Orbit Garant Drilling'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 Industrial Metals & Mining subindustry, Orbit Garant Drilling'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.
Orbit Garant Drilling Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Orbit Garant Drilling's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Orbit Garant Drilling'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 -3.37% mean?
Orbit Garant Drilling (TSX:OGD) has a Return-on-Tangible-Asset of -3.37% 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 Orbit Garant Drilling and its competitors. According to the industry distribution chart, Orbit Garant Drilling ranks #584 out of 2668 companies in the Metals & Mining industry, placing it in the top 21.9%.
Is Orbit Garant Drilling's Return-on-Tangible-Asset too high?
Orbit Garant Drilling's current Return-on-Tangible-Asset is -3.37%. Based on the distribution chart, Orbit Garant Drilling ranks #584 out of 2668 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Orbit Garant Drilling has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orbit Garant Drilling's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Orbit Garant Drilling ranks #584 out of 2668 companies for Return-on-Tangible-Asset. This places Orbit Garant Drilling in the top 22% 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 Orbit Garant Drilling and its competitors. Orbit Garant Drilling's current Return-on-Tangible-Asset is -3.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orbit Garant Drilling stock overvalued right now?
Based on GuruFocus' analysis, Orbit Garant Drilling (TSX:OGD) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.85, compared to a current price of C$1.27 — trading 49.4% above its estimated fair value. The current Return-on-Tangible-Asset is -3.37%. Orbit Garant Drilling's overall GF Score™ is 44/100 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 Orbit Garant Drilling (TSX:OGD), the current Return-on-Tangible-Asset is -3.37% 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 Orbit Garant Drilling (TSX:OGD) Overvalued in 2026?
Based on GuruFocus' analysis, Orbit Garant Drilling stock appears to be overvalued.
The current stock price of C$1.27 is trading 49.4% above its estimated GF Value™ of C$0.85.
GuruFocus considers Orbit Garant Drilling to be Significantly Overvalued.
Key valuation signals for TSX:OGD:
Return-on-Tangible-Asset: -3.37%
GF Value™: C$0.85 vs. price of C$1.27 (49.4% above fair value)
No single metric tells the full story. See the TSX:OGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Orbit Garant Drilling Inc mainly operates a surface and underground diamond drilling business in Canada and South America. It offers underground and surface drilling services to intermediate and junior mining companies through each stage of mineral exploration, mine development, and production. The company also provides geotechnical and water drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies. Additionally, it manufactures conventional and specialized drill rigs and ancillary equipment for its own use and occasionally for third-party customers. The company has two geographical reportable segments: Canada, its key revenue-generating market, and International (USA, Central and South America, and West Africa).
44GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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