MLG OzASX:MLG -7.19%43 Return-on-Tangible-Equity is 9.48% as of Dec. 2025, which is 8% above its 10-year median of 8.79. GuruFocus rates ASX:MLG with a GF Score™ of 43/100 and a GF Value™ of A$0.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,378 Metals & Mining companies, MLG Oz ranks better than 81.58% 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. MLG Oz's annualized net income for the quarter that ended in Dec. 2025 was A$14.2 Mil. MLG Oz's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$149.3 Mil. Therefore, MLG Oz's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.48%.
The historical rank and industry rank for MLG Oz's Return-on-Tangible-Equity or its related term are showing as below:
ASX:MLG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.69 Med: 8.79 Max: 10.91
Current: 10.45
During the past 5 years, MLG Oz's highest Return-on-Tangible-Equity was 10.91%. The lowest was 0.69%. And the median was 8.79%.
ASX:MLG's Return-on-Tangible-Equity is ranked better than 81.58% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.28
vs ASX:MLG: 10.45
MLG Oz (ASX:MLG) 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.
MLG Oz Return-on-Tangible-Equity Related Terms
MLG Oz Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MLG Oz'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.
MLG Oz Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, MLG Oz'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.
MLG Oz Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MLG Oz'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 9.48% mean?
MLG Oz (ASX:MLG) has a Return-on-Tangible-Equity of 9.48% 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 MLG Oz and its competitors. This is near median its historical median of 8.79. Over the past decade, MLG Oz's Return-on-Tangible-Equity has ranged from 0.69 to 10.91. According to the industry distribution chart, MLG Oz ranks #438 out of 2378 companies in the Metals & Mining industry, placing it in the top 18.4%.
Is MLG Oz's Return-on-Tangible-Equity too high?
MLG Oz's current Return-on-Tangible-Equity of 9.48% is near median its 10-year median of 8.79. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 10.91. Based on the distribution chart, MLG Oz ranks #438 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, MLG Oz has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #438 out of 2378 companies for Return-on-Tangible-Equity. This places MLG Oz in the top 18% of its industry — outperforming the majority of peers. Historically, MLG Oz's own Return-on-Tangible-Equity has ranged from 0.69 to 10.91 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-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 MLG Oz and its competitors. MLG Oz's current Return-on-Tangible-Equity is 9.48%, which is near median its own 10-year median of 8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.71 — trading 5.3% below its estimated fair value. The current Return-on-Tangible-Equity is 9.48%, which is near median its 10-year median of 8.79. MLG Oz's overall GF Score™ is 43/100 with 5 warning signs 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 MLG Oz (ASX:MLG), the current Return-on-Tangible-Equity is 9.48% 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 MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued.
The current stock price of A$0.71 is trading 5.3% below its estimated GF Value™ of A$0.75.
GuruFocus considers MLG Oz to be Fairly Valued.
Key valuation signals for ASX:MLG:
Return-on-Tangible-Equity: 9.48% (near median its 10-year median of 8.79)
GF Value™: A$0.75 vs. price of A$0.71 (5.3% below fair value)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
43GF Score
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