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Persistence Gold GroupFRA:JY2 +1.17%47 Return-on-Tangible-Equity is 16.34% as of Mar. 2026, which is 21% above its 10-year median of 13.51. GuruFocus rates FRA:JY2 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 2,381 Metals & Mining companies, Persistence Gold Group ranks better than 86.48% 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. Persistence Gold Group's annualized net income for the quarter that ended in Mar. 2026 was €157.38 Mil. Persistence Gold Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €962.99 Mil. Therefore, Persistence Gold Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.34%.
The historical rank and industry rank for Persistence Gold Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:JY2'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.33 Med: 13.51 Max: 24.46
Current: 16.85
During the past 6 years, Persistence Gold Group's highest Return-on-Tangible-Equity was 24.46%. The lowest was 11.33%. And the median was 13.51%.
FRA:JY2's Return-on-Tangible-Equity is ranked better than 86.48% of 2381
companies
in the Metals & Mining industry
Industry Median: -16.4
vs FRA:JY2: 16.85
Persistence Gold Group (FRA:JY2) 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.
Persistence Gold Group Return-on-Tangible-Equity Related Terms
Persistence Gold Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Persistence Gold Group'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.
Persistence Gold Group Return-on-Tangible-Equity Chart
For the Gold subindustry, Persistence Gold Group'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.
Persistence Gold Group Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Persistence Gold Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Persistence Gold Group'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 16.34% mean?
Persistence Gold Group (FRA:JY2) has a Return-on-Tangible-Equity of 16.34% 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 Persistence Gold Group and its competitors. This is 21% above median its historical median of 13.51. Over the past decade, Persistence Gold Group's Return-on-Tangible-Equity has ranged from 11.33 to 24.46. According to the industry distribution chart, Persistence Gold Group ranks #322 out of 2381 companies in the Metals & Mining industry, placing it in the top 13.5%.
Is Persistence Gold Group's Return-on-Tangible-Equity too high?
Persistence Gold Group's current Return-on-Tangible-Equity of 16.34% is 21% above median its 10-year median of 13.51. Over the past 10 years, this metric has ranged from a low of 11.33 to a high of 24.46. Based on the distribution chart, Persistence Gold Group ranks #322 out of 2381 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Persistence Gold Group has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's Return-on-Tangible-Equity compare to ?
According to the Metals & Mining industry distribution chart, Persistence Gold Group ranks #322 out of 2381 companies for Return-on-Tangible-Equity. This places Persistence Gold Group in the top 14% of its industry — outperforming the majority of peers. Historically, Persistence Gold Group's own Return-on-Tangible-Equity has ranged from 11.33 to 24.46 over the past decade. 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 Persistence Gold Group and its competitors. Persistence Gold Group's current Return-on-Tangible-Equity is 16.34%, which is 21% above median its own 10-year median of 13.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (FRA:JY2) has a current Return-on-Tangible-Equity of 16.34%. The current Return-on-Tangible-Equity is 16.34%, which is 21% above median its 10-year median of 13.51. Persistence Gold Group's overall GF Score™ is 47/100 with 4 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 Persistence Gold Group (FRA:JY2), the current Return-on-Tangible-Equity is 16.34% 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.
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
47GF Score
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