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Quebec Innovative MaterialsFRA:7FJ +2.86%20 Return-on-Tangible-Equity is -146.17% as of Jun. 2026. GuruFocus rates FRA:7FJ with a GF Score™ of 20/100. Among 2,399 Metals & Mining companies, Quebec Innovative Materials ranks worse than 96.25% 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. Quebec Innovative Materials's annualized net income for the quarter that ended in Jun. 2026 was €-6.61 Mil. Quebec Innovative Materials's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €4.52 Mil. Therefore, Quebec Innovative Materials's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -146.17%.
The historical rank and industry rank for Quebec Innovative Materials's Return-on-Tangible-Equity or its related term are showing as below:
FRA:7FJ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -391.73 Med: -156.53 Max: -25.53
Current: -391.73
During the past 6 years, Quebec Innovative Materials's highest Return-on-Tangible-Equity was -25.53%. The lowest was -391.73%. And the median was -156.53%.
FRA:7FJ's Return-on-Tangible-Equity is ranked worse than 96.25% of 2399
companies
in the Metals & Mining industry
Industry Median: -15.96
vs FRA:7FJ: -391.73
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.
Quebec Innovative Materials Return-on-Tangible-Equity Related Terms
Quebec Innovative Materials Return-on-Tangible-Equity Historical Data
* 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, Quebec Innovative 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.
Quebec Innovative Materials Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Quebec Innovative Materials's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Quebec Innovative 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -146.17% mean?
Quebec Innovative Materials (FRA:7FJ) has a Return-on-Tangible-Equity of -146.17% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Quebec Innovative Materials and its competitors. According to the industry distribution chart, Quebec Innovative Materials ranks #2309 out of 2399 companies in the Metals & Mining industry, placing it in the top 96.2%.
Is Quebec Innovative Materials' Return-on-Tangible-Equity too high?
Quebec Innovative Materials' current Return-on-Tangible-Equity is -146.17%. Based on the distribution chart, Quebec Innovative Materials ranks #2309 out of 2399 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Quebec Innovative Materials has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Quebec Innovative Materials' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Quebec Innovative Materials ranks #2309 out of 2399 companies for Return-on-Tangible-Equity. This places Quebec Innovative 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 Quebec Innovative Materials and its competitors. Quebec Innovative Materials's current Return-on-Tangible-Equity is -146.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quebec Innovative Materials stock overvalued right now?
Quebec Innovative Materials (FRA:7FJ) has a current Return-on-Tangible-Equity of -146.17%. The current Return-on-Tangible-Equity is -146.17%. Quebec Innovative Materials' overall GF Score™ is 20/100. 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 Quebec Innovative Materials (FRA:7FJ), the current Return-on-Tangible-Equity is -146.17% as of Jun. 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.
Quebec Innovative Materials Corp is engaged in the exploration of mineral resource properties with an emphasis on the Charlevoix Silica Property located in Clermont. The projects of the company involve Industrial Minerals, Pilot processing and Hydrogen Helium. The company geographically operates in Canada and the United States.
20GF Score
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