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. Vulcan Energy Resources's annualized net income for the quarter that ended in Dec. 2025 was A$-137.06 Mil. Vulcan Energy Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$1,034.72 Mil. Therefore, Vulcan Energy Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -13.25%.
The historical rank and industry rank for Vulcan Energy Resources's Return-on-Tangible-Equity or its related term are showing as below:
ASX:VUL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -56.03 Med: -13.88 Max: -10.97
Current: -13.94
During the past 7 years, Vulcan Energy Resources's highest Return-on-Tangible-Equity was -10.97%. The lowest was -56.03%. And the median was -13.88%.
ASX:VUL's Return-on-Tangible-Equity is ranked better than 52.78% of 2374
companies
in the Metals & Mining industry
Industry Median: -16.495
vs ASX:VUL: -13.94
Vulcan Energy Resources (ASX:VUL) 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.
Vulcan Energy Resources Return-on-Tangible-Equity Related Terms
Vulcan Energy Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vulcan Energy 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.
Vulcan Energy Resources Return-on-Tangible-Equity Chart
Vulcan Energy Resources Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Vulcan Energy 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.
Vulcan Energy Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Vulcan Energy Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vulcan Energy 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 -13.25% mean?
Vulcan Energy Resources (ASX:VUL) has a Return-on-Tangible-Equity of -13.25% 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 Vulcan Energy Resources and its competitors. According to the industry distribution chart, Vulcan Energy Resources ranks #1121 out of 2374 companies in the Metals & Mining industry, placing it in the top 47.2%.
Is Vulcan Energy Resources' Return-on-Tangible-Equity too high?
Vulcan Energy Resources' current Return-on-Tangible-Equity is -13.25%. Based on the distribution chart, Vulcan Energy Resources ranks #1121 out of 2374 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Vulcan Energy Resources has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Energy Resources' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Vulcan Energy Resources ranks #1121 out of 2374 companies for Return-on-Tangible-Equity. This puts Vulcan Energy Resources in the upper 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 Vulcan Energy Resources and its competitors. Vulcan Energy Resources's current Return-on-Tangible-Equity is -13.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Energy Resources stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Energy Resources (ASX:VUL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.50, compared to a current price of A$3.05 — trading 12.9% below its estimated fair value. The current Return-on-Tangible-Equity is -13.25%. Vulcan Energy Resources' overall GF Score™ is 58/100 with 2 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 Vulcan Energy Resources (ASX:VUL), the current Return-on-Tangible-Equity is -13.25% 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 Vulcan Energy Resources (ASX:VUL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Energy Resources stock appears to be undervalued.
The current stock price of A$3.05 is trading 12.9% below its estimated GF Value™ of A$3.50.
GuruFocus considers Vulcan Energy Resources to be Modestly Undervalued.
Key valuation signals for ASX:VUL:
Return-on-Tangible-Equity: -13.25%
GF Value™: A$3.50 vs. price of A$3.05 (12.9% below fair value)
No single metric tells the full story. See the ASX:VUL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vulcan Energy Resources Ltd is engaged in geothermal energy and lithium exploration and production. The company's Lionheart Project is an integrated lithium and renewable energy project that produces battery-quality lithium from naturally heated subsurface brine in the Upper Rhine Valley, to deliver a local source of sustainable lithium for the European battery industry, with a co-product of renewable energy for local heating needs. It has developed an aluminate-based sorbent, VULSORB, to produce lithium from subsurface brine and harnesses geothermal energy from its operations in the Upper Rhine Valley. The company has three operating segments based on geographical location: Germany, which derives the maximum revenue, other European countries, and Australia.
58GF Score
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