Zimplats HoldingsZMPLF 68 Return-on-Tangible-Asset is 10.59% as of Dec. 2025, which is 167% above its 10-year median of 3.97. GuruFocus rates ZMPLF with a GF Score™ of 68/100 and a GF Value™ of $15.05 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,667 Metals & Mining companies, Zimplats Holdings ranks better than 85.26% 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. Zimplats Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was $287 Mil. Zimplats Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was $2,713 Mil. Therefore, Zimplats Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.59%.
The historical rank and industry rank for Zimplats Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ZMPLF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.14 Med: 3.97 Max: 20.91
Current: 6.67
During the past 13 years, Zimplats Holdings's highest Return-on-Tangible-Asset was 20.91%. The lowest was 0.14%. And the median was 3.97%.
ZMPLF's Return-on-Tangible-Asset is ranked better than 85.26% of 2667
companies
in the Metals & Mining industry
Industry Median: -17.27
vs ZMPLF: 6.67
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.
Zimplats Holdings Return-on-Tangible-Asset Related Terms
Zimplats Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zimplats Holdings'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 Precious Metals & Mining subindustry, Zimplats Holdings'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.
Zimplats Holdings Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Zimplats Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zimplats Holdings'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 10.59% mean?
Zimplats Holdings (ZMPLF) has a Return-on-Tangible-Asset of 10.59% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Zimplats Holdings and its competitors. This is 167% above median its historical median of 3.97. Over the past decade, Zimplats Holdings' Return-on-Tangible-Asset has ranged from 0.14 to 20.91. According to the industry distribution chart, Zimplats Holdings ranks #393 out of 2667 companies in the Metals & Mining industry, placing it in the top 14.7%.
Is Zimplats Holdings' Return-on-Tangible-Asset too high?
Zimplats Holdings' current Return-on-Tangible-Asset of 10.59% is 167% above median its 10-year median of 3.97. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 20.91. Based on the distribution chart, Zimplats Holdings ranks #393 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Zimplats Holdings has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zimplats Holdings' Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Zimplats Holdings ranks #393 out of 2667 companies for Return-on-Tangible-Asset. This places Zimplats Holdings in the top 15% of its industry — outperforming the majority of peers. Historically, Zimplats Holdings' own Return-on-Tangible-Asset has ranged from 0.14 to 20.91 over the past decade. 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 Zimplats Holdings and its competitors. Zimplats Holdings's current Return-on-Tangible-Asset is 10.59%, which is 167% above median its own 10-year median of 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zimplats Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zimplats Holdings (ZMPLF) is currently considered Possible Value Trap. The stock's GF Value™ is $15.05, compared to a current price of $10.00 — trading 33.6% below its estimated fair value. The current Return-on-Tangible-Asset is 10.59%, which is 167% above median its 10-year median of 3.97. Zimplats Holdings' overall GF Score™ is 68/100 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 Zimplats Holdings (ZMPLF), the current Return-on-Tangible-Asset is 10.59% as of Dec. 2025. 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 Zimplats Holdings (ZMPLF) Overvalued in 2026?
Based on GuruFocus' analysis, Zimplats Holdings stock appears to be undervalued.
The current stock price of $10.00 is trading 33.6% below its estimated GF Value™ of $15.05.
GuruFocus considers Zimplats Holdings to be Possible Value Trap.
Key valuation signals for ZMPLF:
Return-on-Tangible-Asset: 10.59% (167% above median its 10-year median of 3.97)
GF Value™: $15.05 vs. price of $10.00 (33.6% below fair value)
No single metric tells the full story. See the ZMPLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zimplats Holdings Ltd is engaged in the production of the platinum group and associated metals such as platinum, palladium, rhodium, iridium, ruthenium, and other associated metals (nickel, gold, copper, cobalt, and silver) from the Great Dyke in Zimbabwe. The Group operates as a vertically integrated mining concern and is managed as a single segment. The Group's operations are based in one geographical location, Zimbabwe. The Company operates mines in Ngezi and has processing plants in Selous and Ngezi.
68GF Score
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