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. Emerald Resources NL's annualized net income for the quarter that ended in Dec. 2025 was A$146.2 Mil. Emerald Resources NL's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$691.4 Mil. Therefore, Emerald Resources NL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 21.15%.
The historical rank and industry rank for Emerald Resources NL's Return-on-Tangible-Equity or its related term are showing as below:
ASX:EMR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.19 Med: -7.34 Max: 25.94
Current: 15.02
During the past 13 years, Emerald Resources NL's highest Return-on-Tangible-Equity was 25.94%. The lowest was -28.19%. And the median was -7.34%.
ASX:EMR's Return-on-Tangible-Equity is ranked better than 85.24% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs ASX:EMR: 15.02
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.
Emerald Resources NL Return-on-Tangible-Equity Related Terms
Emerald Resources NL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Emerald Resources NL'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.
ASX:EMR vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Emerald Resources NL'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.
Emerald Resources NL Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Emerald Resources NL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Emerald Resources NL'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 21.15% mean?
Emerald Resources NL (ASX:EMR) has a Return-on-Tangible-Equity of 21.15% 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 Emerald Resources NL and its competitors. According to the industry distribution chart, Emerald Resources NL ranks #351 out of 2378 companies in the Metals & Mining industry, placing it in the top 14.8%.
Is Emerald Resources NL's Return-on-Tangible-Equity too high?
Emerald Resources NL's current Return-on-Tangible-Equity is 21.15%. Based on the distribution chart, Emerald Resources NL ranks #351 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Emerald Resources NL has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerald Resources NL's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Emerald Resources NL ranks #351 out of 2378 companies for Return-on-Tangible-Equity. This places Emerald Resources NL in the top 15% 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-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 Emerald Resources NL and its competitors. Emerald Resources NL's current Return-on-Tangible-Equity is 21.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Resources NL stock overvalued right now?
Based on GuruFocus' analysis, Emerald Resources NL (ASX:EMR) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.51, compared to a current price of A$5.70 — trading 26.4% above its estimated fair value. The current Return-on-Tangible-Equity is 21.15%. Emerald Resources NL's overall GF Score™ is 60/100 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 Emerald Resources NL (ASX:EMR), the current Return-on-Tangible-Equity is 21.15% 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 Emerald Resources NL (ASX:EMR) Overvalued in 2026?
Based on GuruFocus' analysis, Emerald Resources NL stock appears to be overvalued.
The current stock price of A$5.70 is trading 26.4% above its estimated GF Value™ of A$4.51.
GuruFocus considers Emerald Resources NL to be Modestly Overvalued.
Key valuation signals for ASX:EMR:
Return-on-Tangible-Equity: 21.15%
GF Value™: A$4.51 vs. price of A$5.70 (26.4% above fair value)
No single metric tells the full story. See the ASX:EMR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emerald Resources NL is engaged in mineral exploration primarily in Cambodia and advancing the company's Okvau Gold Project. The company's operating segments include Mine Operations, Exploration, and Others. Its geographical segments include Cambodia, and Western Australia, The company's project includes the Cambodia Gold project and the Magoffin County project.
60GF Score
Get the complete analysis for ASX:EMR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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