Renegade ExplorationASX:RNX Return-on-Tangible-Equity is -36.27% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 2,378 Metals & Mining companies, Renegade Exploration ranks worse than 66.32% 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. Renegade Exploration's annualized net income for the quarter that ended in Dec. 2025 was A$-1.66 Mil. Renegade Exploration's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$4.59 Mil. Therefore, Renegade Exploration's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -36.27%.
The historical rank and industry rank for Renegade Exploration's Return-on-Tangible-Equity or its related term are showing as below:
ASX:RNX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -46.92 Med: -26.27 Max: 31.07
Current: -40.89
During the past 13 years, Renegade Exploration's highest Return-on-Tangible-Equity was 31.07%. The lowest was -46.92%. And the median was -26.27%.
ASX:RNX's Return-on-Tangible-Equity is ranked worse than 66.32% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs ASX:RNX: -40.89
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.
Renegade Exploration Return-on-Tangible-Equity Related Terms
Renegade Exploration Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Renegade Exploration'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, Renegade Exploration'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.
Renegade Exploration Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Renegade Exploration's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Renegade Exploration'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 -36.27% mean?
Renegade Exploration (ASX:RNX) has a Return-on-Tangible-Equity of -36.27% 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 Renegade Exploration and its competitors. According to the industry distribution chart, Renegade Exploration ranks #1577 out of 2378 companies in the Metals & Mining industry, placing it in the top 66.3%.
Is Renegade Exploration's Return-on-Tangible-Equity too high?
Renegade Exploration's current Return-on-Tangible-Equity is -36.27%. Based on the distribution chart, Renegade Exploration ranks #1577 out of 2378 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Renegade Exploration's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Renegade Exploration ranks #1577 out of 2378 companies for Return-on-Tangible-Equity. This places Renegade Exploration 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 Renegade Exploration and its competitors. Renegade Exploration's current Return-on-Tangible-Equity is -36.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renegade Exploration stock overvalued right now?
Renegade Exploration (ASX:RNX) has a current Return-on-Tangible-Equity of -36.27%. The current Return-on-Tangible-Equity is -36.27%. 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 Renegade Exploration (ASX:RNX), the current Return-on-Tangible-Equity is -36.27% 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.
Renegade Exploration Ltd focuses on exploring and developing mineral properties in Australia and Canada. The company principally targets copper, gold, zinc, cobalt, and vanadium deposits through its various projects, such as the North Isa and Cloncurry projects in Queensland, and other ventures in the Yukon region. Renegade Exploration operates across multiple regions and emphasizes the exploration of minerals relevant to emerging industries. Its business involves acquiring and managing mineral interests to increase resource value through exploration activities. The geographical operating segments of the company are based in Australia and North America, which involve mining exploration for zinc and gold.
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