Black CanyonFRA:5Z2 -2.83%40 Return-on-Tangible-Equity is -12.31% as of Dec. 2025. GuruFocus rates FRA:5Z2 with a GF Score™ of 40/100. Among 2,378 Metals & Mining companies, Black Canyon ranks better than 70.56% 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. Black Canyon's annualized net income for the quarter that ended in Dec. 2025 was €-1.07 Mil. Black Canyon's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €8.73 Mil. Therefore, Black Canyon's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -12.31%.
The historical rank and industry rank for Black Canyon's Return-on-Tangible-Equity or its related term are showing as below:
FRA:5Z2'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.23 Med: -19.57 Max: 4.75
Current: -1.63
During the past 5 years, Black Canyon's highest Return-on-Tangible-Equity was 4.75%. The lowest was -34.23%. And the median was -19.57%.
FRA:5Z2's Return-on-Tangible-Equity is ranked better than 70.56% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs FRA:5Z2: -1.63
Black Canyon (FRA:5Z2) 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.
Black Canyon Return-on-Tangible-Equity Related Terms
Black Canyon Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Black Canyon'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.
Black Canyon Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Black Canyon'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.
Black Canyon Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Canyon's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Black Canyon'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 -12.31% mean?
Black Canyon (FRA:5Z2) has a Return-on-Tangible-Equity of -12.31% 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 Black Canyon and its competitors. According to the industry distribution chart, Black Canyon ranks #700 out of 2378 companies in the Metals & Mining industry, placing it in the top 29.4%.
Is Black Canyon's Return-on-Tangible-Equity too high?
Black Canyon's current Return-on-Tangible-Equity is -12.31%. Based on the distribution chart, Black Canyon ranks #700 out of 2378 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Black Canyon has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Black Canyon's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Black Canyon ranks #700 out of 2378 companies for Return-on-Tangible-Equity. This puts Black Canyon 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 Black Canyon and its competitors. Black Canyon's current Return-on-Tangible-Equity is -12.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Canyon stock overvalued right now?
Black Canyon (FRA:5Z2) has a current Return-on-Tangible-Equity of -12.31%. The current Return-on-Tangible-Equity is -12.31%. Black Canyon's overall GF Score™ is 40/100. 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 Black Canyon (FRA:5Z2), the current Return-on-Tangible-Equity is -12.31% 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.
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. The company's project includes the Fig Tree project, the Wandanya project, the KR1/KR2 projects, and the Oakover West project. Geographically, the company operates within Australia.
40GF Score
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