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Wesdome Gold MinesWDOFF -1.10%97 Return-on-Tangible-Asset is 39.91% as of Mar. 2026, which is 238% above its 10-year median of 11.82. GuruFocus rates WDOFF with a GF Score™ of 97/100 and a GF Value™ of $22.96 (Modestly Undervalued). Among 2,670 Metals & Mining companies, Wesdome Gold Mines ranks better than 97.45% 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. Wesdome Gold Mines's annualizedNet Income for the quarter that ended in Mar. 2026 was $346.6 Mil. Wesdome Gold Mines's average total tangible assets for the quarter that ended in Mar. 2026 was $868.4 Mil. Therefore, Wesdome Gold Mines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 39.91%.
The historical rank and industry rank for Wesdome Gold Mines's Return-on-Tangible-Asset or its related term are showing as below:
WDOFF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.51 Med: 11.82 Max: 39.23
Current: 39.23
During the past 13 years, Wesdome Gold Mines's highest Return-on-Tangible-Asset was 39.23%. The lowest was -2.51%. And the median was 11.82%.
WDOFF's Return-on-Tangible-Asset is ranked better than 97.45% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.41
vs WDOFF: 39.23
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.
Wesdome Gold Mines Return-on-Tangible-Asset Related Terms
Wesdome Gold Mines Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Wesdome Gold Mines'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.
WDOFF vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Wesdome Gold Mines'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.
Wesdome Gold Mines Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wesdome Gold Mines'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 39.91% mean?
Wesdome Gold Mines (WDOFF) has a Return-on-Tangible-Asset of 39.91% 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 Wesdome Gold Mines and its competitors. This is 238% above median its historical median of 11.82. According to the industry distribution chart, Wesdome Gold Mines ranks #68 out of 2670 companies in the Metals & Mining industry, placing it in the top 2.5%.
Is Wesdome Gold Mines' Return-on-Tangible-Asset too high?
Wesdome Gold Mines' current Return-on-Tangible-Asset of 39.91% is 238% above median its 10-year median of 11.82. Based on the distribution chart, Wesdome Gold Mines ranks #68 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Wesdome Gold Mines has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #68 out of 2670 companies for Return-on-Tangible-Asset. This places Wesdome Gold Mines in the top 3% 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 Wesdome Gold Mines and its competitors. Wesdome Gold Mines's current Return-on-Tangible-Asset is 39.91%, which is 238% above median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (WDOFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.96, compared to a current price of $17.92 — trading 22% below its estimated fair value. The current Return-on-Tangible-Asset is 39.91%, which is 238% above median its 10-year median of 11.82. Wesdome Gold Mines' overall GF Score™ is 97/100. 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 Wesdome Gold Mines (WDOFF), the current Return-on-Tangible-Asset is 39.91% 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 Wesdome Gold Mines (WDOFF) Overvalued in 2026?
Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued.
The current stock price of $17.92 is trading 22% below its estimated GF Value™ of $22.96.
GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.
Key valuation signals for WDOFF:
Return-on-Tangible-Asset: 39.91% (238% above median its 10-year median of 11.82)
GF Value™: $22.96 vs. price of $17.92 (22% below fair value)
No single metric tells the full story. See the WDOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
97GF Score
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