Tasman ResourcesASX:TAS +4.26% Return-on-Tangible-Equity is 612.98% as of Dec. 2025. The stock has 8 warning signs investors should review. Among 2,377 Metals & Mining companies, Tasman Resources ranks better than 98.78% 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. Tasman Resources's annualized net income for the quarter that ended in Dec. 2025 was A$36.98 Mil. Tasman Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$6.03 Mil. Therefore, Tasman Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 612.98%.
The historical rank and industry rank for Tasman Resources's Return-on-Tangible-Equity or its related term are showing as below:
ASX:TAS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -119.55 Med: -27.46 Max: 358.91
Current: 358.91
During the past 13 years, Tasman Resources's highest Return-on-Tangible-Equity was 358.91%. The lowest was -119.55%. And the median was -27.46%.
ASX:TAS's Return-on-Tangible-Equity is ranked better than 98.78% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs ASX:TAS: 358.91
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.
Tasman Resources Return-on-Tangible-Equity Related Terms
Tasman Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tasman 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.
For the Other Industrial Metals & Mining subindustry, Tasman 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.
Tasman Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tasman Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tasman 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 612.98% mean?
Tasman Resources (ASX:TAS) has a Return-on-Tangible-Equity of 612.98% 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 Tasman Resources and its competitors. According to the industry distribution chart, Tasman Resources ranks #29 out of 2377 companies in the Metals & Mining industry, placing it in the top 1.2%.
Is Tasman Resources' Return-on-Tangible-Equity too high?
Tasman Resources' current Return-on-Tangible-Equity is 612.98%. Based on the distribution chart, Tasman Resources ranks #29 out of 2377 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Tasman Resources' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Tasman Resources ranks #29 out of 2377 companies for Return-on-Tangible-Equity. This places Tasman Resources in the top 1% 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 Tasman Resources and its competitors. Tasman Resources's current Return-on-Tangible-Equity is 612.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tasman Resources stock overvalued right now?
Based on GuruFocus' analysis, Tasman Resources (ASX:TAS) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.05 — trading 390% above its estimated fair value. The current Return-on-Tangible-Equity is 612.98%. 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 Tasman Resources (ASX:TAS), the current Return-on-Tangible-Equity is 612.98% 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.
Tasman Resources Ltd is engaged in the mineral exploration and through Eden Innovations Ltd (Eden), the sale of high-performance concrete admixture, EdenCrete and retrofit dual fuel technology, OptiBlend, developed for diesel generator sets. It operates in two segments namely, Tasman Resources Ltd engaged in mineral exploration in South Australia; and Eden Innovations Ltd engaged in EdenCrete production and sales in the USA and OptiBlend sales and manufacturing in India and the USA. It derives majority of the revenue from Eden Innovations Ltd segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:TAS has been successfully added to your 