Ragnar MetalsASX:RAG +5.00% Return-on-Tangible-Equity is 73.38% as of Dec. 2025. The stock has 2 warning signs investors should review. Among 2,377 Metals & Mining companies, Ragnar Metals ranks better than 93.48% 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. Ragnar Metals's annualized net income for the quarter that ended in Dec. 2025 was A$9.86 Mil. Ragnar Metals's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$13.44 Mil. Therefore, Ragnar Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 73.38%.
The historical rank and industry rank for Ragnar Metals's Return-on-Tangible-Equity or its related term are showing as below:
ASX:RAG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -175.76 Med: -46.38 Max: 45.66
Current: 37.18
During the past 13 years, Ragnar Metals's highest Return-on-Tangible-Equity was 45.66%. The lowest was -175.76%. And the median was -46.38%.
ASX:RAG's Return-on-Tangible-Equity is ranked better than 93.48% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs ASX:RAG: 37.18
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.
Ragnar Metals Return-on-Tangible-Equity Related Terms
Ragnar Metals Return-on-Tangible-Equity Historical Data
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The historical data trend for Ragnar Metals'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.
For the Other Industrial Metals & Mining subindustry, Ragnar Metals'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.
Ragnar Metals Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ragnar Metals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ragnar Metals'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 73.38% mean?
Ragnar Metals (ASX:RAG) has a Return-on-Tangible-Equity of 73.38% 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 Ragnar Metals and its competitors. According to the industry distribution chart, Ragnar Metals ranks #155 out of 2377 companies in the Metals & Mining industry, placing it in the top 6.5%.
Is Ragnar Metals' Return-on-Tangible-Equity too high?
Ragnar Metals' current Return-on-Tangible-Equity is 73.38%. Based on the distribution chart, Ragnar Metals ranks #155 out of 2377 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Ragnar Metals' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Ragnar Metals ranks #155 out of 2377 companies for Return-on-Tangible-Equity. This places Ragnar Metals in the top 7% 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 Ragnar Metals and its competitors. Ragnar Metals's current Return-on-Tangible-Equity is 73.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ragnar Metals stock overvalued right now?
Ragnar Metals (ASX:RAG) has a current Return-on-Tangible-Equity of 73.38%. The current Return-on-Tangible-Equity is 73.38%. 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 Ragnar Metals (ASX:RAG), the current Return-on-Tangible-Equity is 73.38% 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.
Ragnar Metals Ltd is engaged in the exploration and evaluation of its projects in Scandinavia and the exploration and evaluation of its Australian projects. The company has two segment Ragnar Metals Limited-Mineral Exploration in Western Australia; and Ragnar Exploration AB-Mineral Exploration in Sweden. Its projects include Orrvik Lithium Project; Halleberget and Bergom Lithium Projects; Olserum North and Gruvhagen REE Projects; Tullsta Nickel Project; Leeds Project; and A1 Nova Gold Mine.
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