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Electra Battery MaterialsELBM +4.06%32 Return-on-Tangible-Equity is 174.26% as of Mar. 2026. GuruFocus rates ELBM with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 2,381 Metals & Mining companies, Electra Battery Materials ranks worse than 90.3% 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. Electra Battery Materials's annualized net income for the quarter that ended in Mar. 2026 was $82.05 Mil. Electra Battery Materials's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $47.08 Mil. Therefore, Electra Battery Materials's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 174.26%.
The historical rank and industry rank for Electra Battery Materials's Return-on-Tangible-Equity or its related term are showing as below:
ELBM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -758.97 Med: -48.72 Max: 11.08
Current: -164.03
During the past 13 years, Electra Battery Materials's highest Return-on-Tangible-Equity was 11.08%. The lowest was -758.97%. And the median was -48.72%.
ELBM's Return-on-Tangible-Equity is ranked worse than 90.3% of 2381
companies
in the Metals & Mining industry
Industry Median: -16.33
vs ELBM: -164.03
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.
Electra Battery Materials Return-on-Tangible-Equity Related Terms
Electra Battery Materials Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Electra Battery Materials'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, Electra Battery Materials'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.
Electra Battery Materials Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Electra Battery Materials's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Electra Battery Materials'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 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 174.26% mean?
Electra Battery Materials (ELBM) has a Return-on-Tangible-Equity of 174.26% 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 Electra Battery Materials and its competitors. According to the industry distribution chart, Electra Battery Materials ranks #2150 out of 2381 companies in the Metals & Mining industry, placing it in the top 90.3%.
Is Electra Battery Materials' Return-on-Tangible-Equity too high?
Electra Battery Materials' current Return-on-Tangible-Equity is 174.26%. Based on the distribution chart, Electra Battery Materials ranks #2150 out of 2381 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Electra Battery Materials has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Electra Battery Materials' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Electra Battery Materials ranks #2150 out of 2381 companies for Return-on-Tangible-Equity. This places Electra Battery Materials 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 Electra Battery Materials and its competitors. Electra Battery Materials's current Return-on-Tangible-Equity is 174.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electra Battery Materials stock overvalued right now?
Electra Battery Materials (ELBM) has a current Return-on-Tangible-Equity of 174.26%. The current Return-on-Tangible-Equity is 174.26%. Electra Battery Materials' overall GF Score™ is 32/100 with 4 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 Electra Battery Materials (ELBM), the current Return-on-Tangible-Equity is 174.26% 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.
Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry. The Company's operating segments are Refinery, Exploration and Evaluation, Corporate and Other.
32GF Score
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