Black Bear MineralsASX:BKB 17 Return-on-Tangible-Equity is -25.59% as of Dec. 2025. GuruFocus rates ASX:BKB with a GF Score™ of 17/100. Among 2,377 Metals & Mining companies, Black Bear Minerals ranks worse than 54.4% 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. Black Bear Minerals's annualized net income for the quarter that ended in Dec. 2025 was A$-8.07 Mil. Black Bear Minerals's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$31.56 Mil. Therefore, Black Bear Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -25.59%.
The historical rank and industry rank for Black Bear Minerals's Return-on-Tangible-Equity or its related term are showing as below:
ASX:BKB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -178.9 Med: -114.11 Max: -20.68
Current: -20.68
During the past 2 years, Black Bear Minerals's highest Return-on-Tangible-Equity was -20.68%. The lowest was -178.90%. And the median was -114.11%.
ASX:BKB's Return-on-Tangible-Equity is ranked worse than 54.4% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs ASX:BKB: -20.68
Black Bear Minerals (ASX:BKB) 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.
Black Bear Minerals Return-on-Tangible-Equity Related Terms
Black Bear Minerals Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Black Bear Minerals'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.
Black Bear Minerals Return-on-Tangible-Equity Chart
Black Bear Minerals Annual Data
Trend
Jun24
Jun25
Return-on-Tangible-Equity
-178.90
-49.31
Black Bear Minerals Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Equity
-261.55
-51.35
-64.11
-17.46
-25.59
Black Bear Minerals Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Black Bear Minerals'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.
Black Bear Minerals Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Bear Minerals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Black Bear Minerals'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -25.59% mean?
Black Bear Minerals (ASX:BKB) has a Return-on-Tangible-Equity of -25.59% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Black Bear Minerals and its competitors. According to the industry distribution chart, Black Bear Minerals ranks #1293 out of 2377 companies in the Metals & Mining industry, placing it in the top 54.4%.
Is Black Bear Minerals' Return-on-Tangible-Equity too high?
Black Bear Minerals' current Return-on-Tangible-Equity is -25.59%. Based on the distribution chart, Black Bear Minerals ranks #1293 out of 2377 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Black Bear Minerals has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Black Bear Minerals' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Black Bear Minerals ranks #1293 out of 2377 companies for Return-on-Tangible-Equity. This places Black Bear Minerals 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-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 Black Bear Minerals and its competitors. Black Bear Minerals's current Return-on-Tangible-Equity is -25.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Bear Minerals stock overvalued right now?
Black Bear Minerals (ASX:BKB) has a current Return-on-Tangible-Equity of -25.59%. The current Return-on-Tangible-Equity is -25.59%. Black Bear Minerals' overall GF Score™ is 17/100. 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 Black Bear Minerals (ASX:BKB), the current Return-on-Tangible-Equity is -25.59% 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.
Black Bear Minerals Ltd is an exploration and development company strategically focused on high-grade silver and gold projects within Tier-1 mining jurisdictions in North America. The company's core focus is driven by the rising demand for domestic supply of precious metals, particularly silver, a designated U.S. Critical Mineral. The company operates in two key assets: the Shafter Silver Project in Texas and the Independence Gold Project in Nevada. The Shafter Silver Project is permitted asset hosting 17.5 Moz of silver at 289 g/t, supported by existing mine and processing infrastructure. The Independence Gold Project, where a JORC resource was reported at 4.59 Mt @ 6.67 g/t Au for 984 koz Au (skarn) and 419 koz of near-surface gold has been outlined, highlights growth potential.
17GF Score
Get the complete analysis for ASX:BKB
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:BKB has been successfully added to your 