Apex Mining CoAPXNF 84 Return-on-Tangible-Equity is 43.11% as of Mar. 2026, which is 157% above its 10-year median of 16.77. GuruFocus rates APXNF with a GF Score™ of 84/100 and a GF Value™ of $0.02. The stock has 1 warning sign investors should review. Among 2,378 Metals & Mining companies, Apex Mining Co ranks better than 93.86% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Apex Mining Co's annualized net income for the quarter that ended in Mar. 2026 was $184.4 Mil. Apex Mining Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $427.9 Mil. Therefore, Apex Mining Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 43.11%.
The historical rank and industry rank for Apex Mining Co's Return-on-Tangible-Equity or its related term are showing as below:
APXNF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.67 Med: 16.77 Max: 38.61
Current: 38.61
During the past 13 years, Apex Mining Co's highest Return-on-Tangible-Equity was 38.61%. The lowest was 4.67%. And the median was 16.77%.
APXNF's Return-on-Tangible-Equity is ranked better than 93.86% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.15
vs APXNF: 38.61
Apex Mining Co (OTCPK:APXNF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Apex Mining Co Return-on-Tangible-Equity Related Terms
Apex Mining Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Apex Mining Co's Return-on-Tangible-Equity 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.
APXNF vs NEM, AU, CDE: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Apex Mining Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Apex Mining Co Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Apex Mining Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Apex Mining Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 43.11% mean?
Apex Mining Co (APXNF) has a Return-on-Tangible-Equity of 43.11% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Apex Mining Co and its competitors. This is 157% above median its historical median of 16.77. Over the past decade, Apex Mining Co's Return-on-Tangible-Equity has ranged from 4.67 to 38.61. According to the industry distribution chart, Apex Mining Co ranks #146 out of 2378 companies in the Metals & Mining industry, placing it in the top 6.1%.
Is Apex Mining Co's Return-on-Tangible-Equity too high?
Apex Mining Co's current Return-on-Tangible-Equity of 43.11% is 157% above median its 10-year median of 16.77. Over the past 10 years, this metric has ranged from a low of 4.67 to a high of 38.61. Based on the distribution chart, Apex Mining Co ranks #146 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Apex Mining Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Apex Mining Co's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Apex Mining Co ranks #146 out of 2378 companies for Return-on-Tangible-Equity. This places Apex Mining Co in the top 6% of its industry — outperforming the majority of peers. Historically, Apex Mining Co's own Return-on-Tangible-Equity has ranged from 4.67 to 38.61 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-Equity for a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Apex Mining Co and its competitors. Apex Mining Co's current Return-on-Tangible-Equity is 43.11%, which is 157% above median its own 10-year median of 16.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Mining Co stock overvalued right now?
Apex Mining Co (APXNF) has a current Return-on-Tangible-Equity of 43.11%. The stock's GF Value™ is $0.02, compared to a current price of $0.03 — trading 37.5% above its estimated fair value. The current Return-on-Tangible-Equity is 43.11%, which is 157% above median its 10-year median of 16.77. Apex Mining Co's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Apex Mining Co (APXNF), the current Return-on-Tangible-Equity is 43.11% 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 Apex Mining Co (APXNF) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Mining Co stock appears to be overvalued.
The current stock price of $0.03 is trading 37.5% above its estimated GF Value™ of $0.02.
Key valuation signals for APXNF:
Return-on-Tangible-Equity: 43.11% (157% above median its 10-year median of 16.77)
GF Value™: $0.02 vs. price of $0.03 (37.5% above fair value)
No single metric tells the full story. See the APXNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Mining Co Inc is a metals and minerals mining company. The company is engaged in the business of mining, milling, concentrating, converting, smelting, treating, preparing for market, manufacturing, buying, selling, exchanging and otherwise producing and dealing in gold, silver, copper, zinc, brass, iron, steel, and all kinds of ores, metals and minerals. The company is organized into business units on its products and activities and has three reportable business segments: the mining, oil and gas, and solid waste management segment. The company derives the majority of its revenue from the mining segment.
84GF Score
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