Mineros (BOG:MINEROS) Return-on-Tangible-Equity: 66.66% (As of Mar. 2026) — 192% Above Median


BOG:MINEROS Mineros SA BOG:MINEROS
80 GF Score
Price COP15,940.00
GF Value COP6,920.20
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mineros Return-on-Tangible-Equity?

Mineros BOG:MINEROS +1.79% 80 Return-on-Tangible-Equity is 66.66% as of Mar. 2026, which is 192% above its 10-year median of 22.84. GuruFocus rates BOG:MINEROS with a GF Score™ of 80/100 and a GF Value™ of COP6,920.20 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,377 Metals & Mining companies, Mineros ranks better than 94.03% 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. Mineros's annualized net income for the quarter that ended in Mar. 2026 was COP1,289,068 Mil. Mineros's average shareholder tangible equity for the quarter that ended in Mar. 2026 was COP1,933,863 Mil. Therefore, Mineros's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 66.66%.

The historical rank and industry rank for Mineros's Return-on-Tangible-Equity or its related term are showing as below:

BOG:MINEROS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.44   Med: 22.84   Max: 40.7
Current: 40.7

During the past 13 years, Mineros's highest Return-on-Tangible-Equity was 40.70%. The lowest was 1.44%. And the median was 22.84%.

BOG:MINEROS's Return-on-Tangible-Equity is ranked better than
94.03% of 2377 companies
in the Metals & Mining industry
Industry Median: -16.19 vs BOG:MINEROS: 40.70

Mineros  (BOG:MINEROS) 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.


Mineros Return-on-Tangible-Equity Related Terms


Mineros Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mineros'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.

Mineros Return-on-Tangible-Equity Chart

Mineros Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.42 1.44 4.73 25.04 30.00

Mineros Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.33 40.84 47.53 7.57 66.66

BOG:MINEROS vs NEM, AU, RGLD: Return-on-Tangible-Equity Comparison

For the Gold subindustry, Mineros'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.


Mineros Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mineros's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mineros's Return-on-Tangible-Equity falls into.


BOG:MINEROS
80GF Score
Mineros SA BOG:MINEROS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mineros Return-on-Tangible-Equity Calculation

Mineros's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=542306.846/( (1736462.588+1878687.159 )/ 2 )
=542306.846/1807574.8735
=30.00 %

Mineros's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1289068.256/( (1878687.159+1989039.7)/ 2 )
=1289068.256/1933863.4295
=66.66 %

* 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 four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 66.66% mean?
Mineros (BOG:MINEROS) has a Return-on-Tangible-Equity of 66.66% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mineros and its competitors. This is 192% above median its historical median of 22.84. Over the past decade, Mineros' Return-on-Tangible-Equity has ranged from 1.44 to 40.70. According to the industry distribution chart, Mineros ranks #142 out of 2377 companies in the Metals & Mining industry, placing it in the top 6%.
Is Mineros' Return-on-Tangible-Equity too high?
Mineros' current Return-on-Tangible-Equity of 66.66% is 192% above median its 10-year median of 22.84. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 40.70. Based on the distribution chart, Mineros ranks #142 out of 2377 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mineros has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mineros' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mineros ranks #142 out of 2377 companies for Return-on-Tangible-Equity. This places Mineros in the top 6% of its industry — outperforming the majority of peers. Historically, Mineros' own Return-on-Tangible-Equity has ranged from 1.44 to 40.70 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 Mineros and its competitors. Mineros's current Return-on-Tangible-Equity is 66.66%, which is 192% above median its own 10-year median of 22.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineros stock overvalued right now?
Based on GuruFocus' analysis, Mineros (BOG:MINEROS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP6,920.20, compared to a current price of COP15,940.00 — trading 130.3% above its estimated fair value. The current Return-on-Tangible-Equity is 66.66%, which is 192% above median its 10-year median of 22.84. Mineros' overall GF Score™ is 80/100 with 1 warning sign 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 Mineros (BOG:MINEROS), the current Return-on-Tangible-Equity is 66.66% as of Mar. 2026. 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 Mineros (BOG:MINEROS) Overvalued in 2026?

Based on GuruFocus' analysis, Mineros stock appears to be overvalued. The current stock price of COP15,940.00 is trading 130.3% above its estimated GF Value™ of COP6,920.20. GuruFocus considers Mineros to be Significantly Overvalued.

Key valuation signals for BOG:MINEROS:

  • Return-on-Tangible-Equity: 66.66% (192% above median its 10-year median of 22.84)
  • GF Value™: COP6,920.20 vs. price of COP15,940.00 (130.3% above fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the BOG:MINEROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mineros Business Description

Other Exchanges MNSAF:USAMSA:Canada
Address Carrera 43 A No 14-109, Nova Tempo Building, 6th floor, Medellin, COL
Mineros SA is a precious metals producer with gold production, development, and exploration stage properties in Latin and South America, including Colombia and Nicaragua. Its principal producing mining properties are the Nechi Alluvial mine in Colombia and the Pioneer and Panama mines in Nicaragua. The Group operates in two principal countries, Colombia (Nechi Alluvial) and Nicaragua (HEMCO Nicaragua). The Group also has gold exploration projects, including the La Pepa project in Chile, included in the Segment Chile (La Pepa). Key revenue is generated from Nicaragua (HEMCO Nicaragua).
80GF Score

Get the complete analysis for BOG:MINEROS

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

COP15,940.00
Price
COP6,920.20
GF Value