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. Americas Gold And Silver's annualizedNet Income for the quarter that ended in Mar. 2026 was $39.9 Mil. Americas Gold And Silver's average total tangible assets for the quarter that ended in Mar. 2026 was $425.8 Mil. Therefore, Americas Gold And Silver's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.38%.
The historical rank and industry rank for Americas Gold And Silver's Return-on-Tangible-Asset or its related term are showing as below:
USAS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -63.27 Med: -18.41 Max: -2.77
Current: -19.27
During the past 13 years, Americas Gold And Silver's highest Return-on-Tangible-Asset was -2.77%. The lowest was -63.27%. And the median was -18.41%.
USAS's Return-on-Tangible-Asset is ranked worse than 52.18% of 2662
companies
in the Metals & Mining industry
Industry Median: -17.275
vs USAS: -19.27
Americas Gold And Silver (AMEX:USAS) 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.
Americas Gold And Silver Return-on-Tangible-Asset Related Terms
Americas Gold And Silver Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Americas Gold And Silver'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.
Americas Gold And Silver Return-on-Tangible-Asset Chart
Americas Gold And Silver Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Americas Gold And Silver'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.
Americas Gold And Silver Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Americas Gold And Silver's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Americas Gold And Silver'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 9.38% mean?
Americas Gold And Silver (USAS) has a Return-on-Tangible-Asset of 9.38% 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 Americas Gold And Silver and its competitors. According to the industry distribution chart, Americas Gold And Silver ranks #1389 out of 2662 companies in the Metals & Mining industry, placing it in the top 52.2%.
Is Americas Gold And Silver's Return-on-Tangible-Asset too high?
Americas Gold And Silver's current Return-on-Tangible-Asset is 9.38%. Based on the distribution chart, Americas Gold And Silver ranks #1389 out of 2662 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Americas Gold And Silver has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Americas Gold And Silver's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Americas Gold And Silver ranks #1389 out of 2662 companies for Return-on-Tangible-Asset. This places Americas Gold And Silver in the lower half of its industry. 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 Americas Gold And Silver and its competitors. Americas Gold And Silver's current Return-on-Tangible-Asset is 9.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Americas Gold And Silver stock overvalued right now?
Based on GuruFocus' analysis, Americas Gold And Silver (USAS) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.60, compared to a current price of $4.89 — trading 715% above its estimated fair value. The current Return-on-Tangible-Asset is 9.38%. Americas Gold And Silver's overall GF Score™ is 48/100 with 4 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 Americas Gold And Silver (USAS), the current Return-on-Tangible-Asset is 9.38% 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 Americas Gold And Silver (USAS) Overvalued in 2026?
Based on GuruFocus' analysis, Americas Gold And Silver stock appears to be overvalued.
The current stock price of $4.89 is trading 715% above its estimated GF Value™ of $0.60.
GuruFocus considers Americas Gold And Silver to be Significantly Overvalued.
Key valuation signals for USAS:
Return-on-Tangible-Asset: 9.38%
GF Value™: $0.60 vs. price of $4.89 (715% above fair value)
No single metric tells the full story. See the USAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Americas Gold And Silver Corp is a mining company engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets, which are also its reporting segments, are the Cosala operations, the Galena Complex, and Relief Canyon. It also holds interests in the San Felipe Development Project located in Sonora, Mexico. The Cosala operations segment, which derives maximum revenue, operates in Mexico, while the Galena Complex and Relief Canyon segments operate in the United States.
48GF 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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