Botnia Gold ABFRA:F77 -1.49%36 Return-on-Tangible-Equity is 45.96% as of Mar. 2026. GuruFocus rates FRA:F77 with a GF Score™ of 36/100. The stock has 2 warning signs investors should review. Among 2,376 Metals & Mining companies, Botnia Gold AB ranks better than 95.71% 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. Botnia Gold AB's annualized net income for the quarter that ended in Mar. 2026 was €8.71 Mil. Botnia Gold AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €18.96 Mil. Therefore, Botnia Gold AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 45.96%.
The historical rank and industry rank for Botnia Gold AB's Return-on-Tangible-Equity or its related term are showing as below:
FRA:F77'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.76 Med: -6.31 Max: 50.19
Current: 50.19
During the past 13 years, Botnia Gold AB's highest Return-on-Tangible-Equity was 50.19%. The lowest was -18.76%. And the median was -6.31%.
FRA:F77's Return-on-Tangible-Equity is ranked better than 95.71% of 2376
companies
in the Metals & Mining industry
Industry Median: -16.445
vs FRA:F77: 50.19
Botnia Gold AB (FRA:F77) 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.
Botnia Gold AB Return-on-Tangible-Equity Related Terms
Botnia Gold AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Botnia Gold AB'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:F77 vs NEM, AU, RGLD: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Botnia Gold AB'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.
Botnia Gold AB Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Botnia Gold AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Botnia Gold AB'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 45.96% mean?
Botnia Gold AB (FRA:F77) has a Return-on-Tangible-Equity of 45.96% 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 Botnia Gold AB and its competitors. According to the industry distribution chart, Botnia Gold AB ranks #102 out of 2376 companies in the Metals & Mining industry, placing it in the top 4.3%.
Is Botnia Gold AB's Return-on-Tangible-Equity too high?
Botnia Gold AB's current Return-on-Tangible-Equity is 45.96%. Based on the distribution chart, Botnia Gold AB ranks #102 out of 2376 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Botnia Gold AB has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Botnia Gold AB's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Botnia Gold AB ranks #102 out of 2376 companies for Return-on-Tangible-Equity. This places Botnia Gold AB in the top 4% 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 Botnia Gold AB and its competitors. Botnia Gold AB's current Return-on-Tangible-Equity is 45.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Botnia Gold AB stock overvalued right now?
Botnia Gold AB (FRA:F77) has a current Return-on-Tangible-Equity of 45.96%. The current Return-on-Tangible-Equity is 45.96%. Botnia Gold AB's overall GF Score™ is 36/100 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 Botnia Gold AB (FRA:F77), the current Return-on-Tangible-Equity is 45.96% 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.
Botnia Gold AB is engaged in mining and exploration of gold and other metals. Its projects include Vindelgransele, Vargbacken and Fabodtjarn in Sweden.
36GF Score
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