FASLF (First Andes Silver) Return-on-Tangible-Equity: -45.54% (As of Feb. 2026)


What is First Andes Silver Return-on-Tangible-Equity?

First Andes Silver FASLF Return-on-Tangible-Equity is -45.54% as of Feb. 2026. The stock has 1 warning sign investors should review. Among 2,378 Metals & Mining companies, First Andes Silver ranks worse than 55.17% 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. First Andes Silver's annualized net income for the quarter that ended in Feb. 2026 was $-1.85 Mil. First Andes Silver's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $4.06 Mil. Therefore, First Andes Silver's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -45.54%.

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

FASLF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -125.64   Med: -36.13   Max: -17.21
Current: -21.93

During the past 5 years, First Andes Silver's highest Return-on-Tangible-Equity was -17.21%. The lowest was -125.64%. And the median was -36.13%.

FASLF's Return-on-Tangible-Equity is ranked worse than
55.17% of 2378 companies
in the Metals & Mining industry
Industry Median: -16.21 vs FASLF: -21.93

First Andes Silver  (OTCPK:FASLF) 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.


First Andes Silver Return-on-Tangible-Equity Related Terms


First Andes Silver Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for First Andes Silver'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.

First Andes Silver Return-on-Tangible-Equity Chart

First Andes Silver Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Equity
-48.17 -34.93 -125.30 -16.87 -20.51

First Andes Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -22.97 -13.88 -10.75 -12.96 -45.54

FASLF vs HL: Return-on-Tangible-Equity Comparison

For the Other Precious Metals & Mining subindustry, First Andes Silver'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.


First Andes Silver Return-on-Tangible-Equity vs Metals & Mining Industry

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

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



First Andes Silver Return-on-Tangible-Equity Calculation

First Andes Silver's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=-0.753/( (2.574+4.769 )/ 2 )
=-0.753/3.6715
=-20.51 %

First Andes Silver's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=-1.848/( (3.347+4.769)/ 2 )
=-1.848/4.058
=-45.54 %

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

What does a Return-on-Tangible-Equity of -45.54% mean?
First Andes Silver (FASLF) has a Return-on-Tangible-Equity of -45.54% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on First Andes Silver and its competitors. According to the industry distribution chart, First Andes Silver ranks #1312 out of 2378 companies in the Metals & Mining industry, placing it in the top 55.2%.
Is First Andes Silver's Return-on-Tangible-Equity too high?
First Andes Silver's current Return-on-Tangible-Equity is -45.54%. Based on the distribution chart, First Andes Silver ranks #1312 out of 2378 companies in the Metals & Mining industry, which is below the industry midpoint.
How does First Andes Silver's Return-on-Tangible-Equity compare to HL?
According to the Metals & Mining industry distribution chart, First Andes Silver ranks #1312 out of 2378 companies for Return-on-Tangible-Equity. This places First Andes Silver 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 First Andes Silver and its competitors. First Andes Silver's current Return-on-Tangible-Equity is -45.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Andes Silver stock overvalued right now?
First Andes Silver (FASLF) has a current Return-on-Tangible-Equity of -45.54%. The current Return-on-Tangible-Equity is -45.54%. 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 First Andes Silver (FASLF), the current Return-on-Tangible-Equity is -45.54% as of Feb. 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.

First Andes Silver Business Description

Other Exchanges 9TZ0:GermanyFAS:Canada
Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
First Andes Silver Ltd is an exploration-stage company focusing on mineral properties in Peru. It owns a hundred percent interest in the high-grade Santas Gloria silver property, located approximately one hundred kilometers from Lima, Peru.