Serabi GoldFRA:B9O2 -11.88%84 Return-on-Tangible-Equity is 45.92% as of Mar. 2026, which is 472% above its 10-year median of 8.03. GuruFocus rates FRA:B9O2 with a GF Score™ of 84/100 and a GF Value™ of €2.23 (Modestly Overvalued). Among 2,378 Metals & Mining companies, Serabi Gold ranks better than 94.49% 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. Serabi Gold's annualized net income for the quarter that ended in Mar. 2026 was €72.6 Mil. Serabi Gold's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €158.2 Mil. Therefore, Serabi Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 45.92%.
The historical rank and industry rank for Serabi Gold's Return-on-Tangible-Equity or its related term are showing as below:
FRA:B9O2'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.39 Med: 8.03 Max: 42.3
Current: 42.3
During the past 13 years, Serabi Gold's highest Return-on-Tangible-Equity was 42.30%. The lowest was -9.39%. And the median was 8.03%.
FRA:B9O2's Return-on-Tangible-Equity is ranked better than 94.49% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.18
vs FRA:B9O2: 42.30
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.
Serabi Gold Return-on-Tangible-Equity Related Terms
Serabi Gold Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Serabi Gold'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.
FRA:B9O2 vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Serabi Gold'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.
Serabi Gold Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Serabi Gold's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Serabi Gold'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 45.92% mean?
Serabi Gold (FRA:B9O2) has a Return-on-Tangible-Equity of 45.92% 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 Serabi Gold and its competitors. This is 472% above median its historical median of 8.03. According to the industry distribution chart, Serabi Gold ranks #131 out of 2378 companies in the Metals & Mining industry, placing it in the top 5.5%.
Is Serabi Gold's Return-on-Tangible-Equity too high?
Serabi Gold's current Return-on-Tangible-Equity of 45.92% is 472% above median its 10-year median of 8.03. Based on the distribution chart, Serabi Gold ranks #131 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Serabi Gold has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serabi Gold's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Serabi Gold ranks #131 out of 2378 companies for Return-on-Tangible-Equity. This places Serabi Gold in the top 6% 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 Serabi Gold and its competitors. Serabi Gold's current Return-on-Tangible-Equity is 45.92%, which is 472% above median its own 10-year median of 8.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serabi Gold stock overvalued right now?
Based on GuruFocus' analysis, Serabi Gold (FRA:B9O2) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.23, compared to a current price of €2.82 — trading 26.5% above its estimated fair value. The current Return-on-Tangible-Equity is 45.92%, which is 472% above median its 10-year median of 8.03. Serabi Gold's overall GF Score™ is 84/100. 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 Serabi Gold (FRA:B9O2), the current Return-on-Tangible-Equity is 45.92% 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.
Is Serabi Gold (FRA:B9O2) Overvalued in 2026?
Based on GuruFocus' analysis, Serabi Gold stock appears to be overvalued.
The current stock price of €2.82 is trading 26.5% above its estimated GF Value™ of €2.23.
GuruFocus considers Serabi Gold to be Modestly Overvalued.
Key valuation signals for FRA:B9O2:
Return-on-Tangible-Equity: 45.92% (472% above median its 10-year median of 8.03)
GF Value™: €2.23 vs. price of €2.82 (26.5% above fair value)
No single metric tells the full story. See the FRA:B9O2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Serabi Gold PLC is a holding and gold sales company and a provider of support and management services to its operating subsidiaries. Together with its subsidiaries it is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. The company has only one primary business activity namely the conduct of gold mining and exploration in Brazil. It has two separate segments, Brazil and UK. Copper/ gold concentrate is produced in Brazil and sales routed through the UK, whilst sales of gold bullion are conducted directly from Brazil.
84GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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