Forrestania ResourcesASX:FRS -1.10%33 Return-on-Tangible-Equity is -58.57% as of Dec. 2025. GuruFocus rates ASX:FRS with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 2,375 Metals & Mining companies, Forrestania Resources ranks worse than 67.33% 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. Forrestania Resources's annualized net income for the quarter that ended in Dec. 2025 was A$-18.28 Mil. Forrestania Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$31.22 Mil. Therefore, Forrestania Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -58.57%.
The historical rank and industry rank for Forrestania Resources's Return-on-Tangible-Equity or its related term are showing as below:
ASX:FRS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -76.74 Med: -26.4 Max: -20.46
Current: -42.88
During the past 4 years, Forrestania Resources's highest Return-on-Tangible-Equity was -20.46%. The lowest was -76.74%. And the median was -26.40%.
ASX:FRS's Return-on-Tangible-Equity is ranked worse than 67.33% of 2375
companies
in the Metals & Mining industry
Industry Median: -16.48
vs ASX:FRS: -42.88
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.
Forrestania Resources Return-on-Tangible-Equity Related Terms
Forrestania Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Forrestania Resources'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:FRS vs HL: Return-on-Tangible-Equity Comparison
For the Other Precious Metals & Mining subindustry, Forrestania Resources'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.
Forrestania Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Forrestania Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Forrestania Resources'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 -58.57% mean?
Forrestania Resources (ASX:FRS) has a Return-on-Tangible-Equity of -58.57% 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 Forrestania Resources and its competitors. According to the industry distribution chart, Forrestania Resources ranks #1599 out of 2375 companies in the Metals & Mining industry, placing it in the top 67.3%.
Is Forrestania Resources' Return-on-Tangible-Equity too high?
Forrestania Resources' current Return-on-Tangible-Equity is -58.57%. Based on the distribution chart, Forrestania Resources ranks #1599 out of 2375 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Forrestania Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Forrestania Resources' Return-on-Tangible-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Forrestania Resources ranks #1599 out of 2375 companies for Return-on-Tangible-Equity. This places Forrestania Resources 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 Forrestania Resources and its competitors. Forrestania Resources's current Return-on-Tangible-Equity is -58.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forrestania Resources stock overvalued right now?
Forrestania Resources (ASX:FRS) has a current Return-on-Tangible-Equity of -58.57%. The current Return-on-Tangible-Equity is -58.57%. Forrestania Resources' overall GF Score™ is 33/100 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 Forrestania Resources (ASX:FRS), the current Return-on-Tangible-Equity is -58.57% 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.
Forrestania Resources Ltd is a mineral exploration and development company. It explores gold, lithium, and other minerals. Its projects include the Forrestania Project, Southern Cross Project, Leonora and Hydra Lithium Project (Canada), Bonnie Vale Project, Breakaway Dam, and Macphersons Project (Australia). The Company generates the maximum of its revenue from the Forrestania project.
33GF Score
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