Future Mineral ResourcesFMRRF -99.45%31 Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 2026. GuruFocus rates FMRRF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,378 Metals & Mining companies, Future Mineral Resources ranks better than 99.96% 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. Future Mineral Resources's annualized net income for the quarter that ended in Apr. 2026 was $0.32 Mil. Future Mineral Resources's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $-0.03 Mil. Therefore, Future Mineral Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Future Mineral Resources's Return-on-Tangible-Equity or its related term are showing as below:
FMRRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -172.67 Med: -21.94 Max: 48.53
Current: Negative Tangible Equity
During the past 12 years, Future Mineral Resources's highest Return-on-Tangible-Equity was 48.53%. The lowest was -172.67%. And the median was -21.94%.
FMRRF's Return-on-Tangible-Equity is ranked better than 99.96% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.18
vs FMRRF: Negative Tangible Equity
Future Mineral Resources (OTCPK:FMRRF) 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.
Future Mineral Resources Return-on-Tangible-Equity Related Terms
Future Mineral Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Future Mineral 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.
Future Mineral Resources Return-on-Tangible-Equity Chart
Future Mineral Resources Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Future Mineral 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.
Future Mineral Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Future Mineral Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Future Mineral 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 four times the quarterly (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Future Mineral Resources (FMRRF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Future Mineral Resources and its competitors. According to the industry distribution chart, Future Mineral Resources ranks #1 out of 2378 companies in the Metals & Mining industry, placing it in the top 0%.
Is Future Mineral Resources' Return-on-Tangible-Equity too high?
Future Mineral Resources' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Future Mineral Resources ranks #1 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Future Mineral Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Future Mineral Resources' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Future Mineral Resources ranks #1 out of 2378 companies for Return-on-Tangible-Equity. This places Future Mineral Resources in the top 0% 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 Future Mineral Resources and its competitors. Future Mineral Resources's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Mineral Resources stock overvalued right now?
Future Mineral Resources (FMRRF) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Future Mineral Resources' overall GF Score™ is 31/100 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 Future Mineral Resources (FMRRF), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 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.
Future Mineral Resources Inc. is focused on acquisitions and the development of brownfield, development-stage, and early production-stage mining projects in the Americas, Africa, Europe, and Australia. It invests its excess cash to maintain its capital for the acquisition of mining projects. Its main precious metals project is the East Sullivan Property in Quebec, Canada, and its main uranium projects are the Otish Property in Quebec, Canada, and the Orange Creek Property in the Northern Territory of Australia.
31GF Score
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