Maple Gold Mines (FRA:M3G0) Return-on-Tangible-Equity: -132.45% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:M3G0 Maple Gold Mines Ltd FRA:M3G0
29 GF Score
Price €1.55
! 1 Warning Sign
View Full Analysis

What is Maple Gold Mines Return-on-Tangible-Equity?

Maple Gold Mines FRA:M3G0 +4.03% 29 Return-on-Tangible-Equity is -132.45% as of Mar. 2026. GuruFocus rates FRA:M3G0 with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 2,381 Metals & Mining companies, Maple Gold Mines ranks worse than 86.35% 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. Maple Gold Mines's annualized net income for the quarter that ended in Mar. 2026 was €-15.56 Mil. Maple Gold Mines's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €11.75 Mil. Therefore, Maple Gold Mines's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -132.45%.

The historical rank and industry rank for Maple Gold Mines's Return-on-Tangible-Equity or its related term are showing as below:

FRA:M3G0' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -330.21   Med: -107.07   Max: -32.07
Current: -122.44

During the past 13 years, Maple Gold Mines's highest Return-on-Tangible-Equity was -32.07%. The lowest was -330.21%. And the median was -107.07%.

FRA:M3G0's Return-on-Tangible-Equity is ranked worse than
86.35% of 2381 companies
in the Metals & Mining industry
Industry Median: -16.41 vs FRA:M3G0: -122.44

Maple Gold Mines  (FRA:M3G0) 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.


Maple Gold Mines Return-on-Tangible-Equity Related Terms


Maple Gold Mines Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Maple Gold Mines'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.

Maple Gold Mines Return-on-Tangible-Equity Chart

Maple Gold Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.31 -75.82 -112.62 -107.12 -78.85

Maple Gold Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -121.22 -14.44 -112.86 -177.48 -132.45

FRA:M3G0 vs NEM, AU: Return-on-Tangible-Equity Comparison

For the Gold subindustry, Maple Gold Mines'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.


Maple Gold Mines Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maple Gold Mines's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Maple Gold Mines's Return-on-Tangible-Equity falls into.


FRA:M3G0
29GF Score
Maple Gold Mines Ltd FRA:M3G0
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maple Gold Mines Return-on-Tangible-Equity Calculation

Maple Gold Mines's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-5.067/( (3.492+9.36 )/ 2 )
=-5.067/6.426
=-78.85 %

Maple Gold Mines's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-15.564/( (9.36+14.141)/ 2 )
=-15.564/11.7505
=-132.45 %

* 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 -132.45% mean?
Maple Gold Mines (FRA:M3G0) has a Return-on-Tangible-Equity of -132.45% 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 Maple Gold Mines and its competitors. According to the industry distribution chart, Maple Gold Mines ranks #2056 out of 2381 companies in the Metals & Mining industry, placing it in the top 86.4%.
Is Maple Gold Mines' Return-on-Tangible-Equity too high?
Maple Gold Mines' current Return-on-Tangible-Equity is -132.45%. Based on the distribution chart, Maple Gold Mines ranks #2056 out of 2381 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Maple Gold Mines has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Maple Gold Mines' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Maple Gold Mines ranks #2056 out of 2381 companies for Return-on-Tangible-Equity. This places Maple Gold Mines 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 Maple Gold Mines and its competitors. Maple Gold Mines's current Return-on-Tangible-Equity is -132.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maple Gold Mines stock overvalued right now?
Maple Gold Mines (FRA:M3G0) has a current Return-on-Tangible-Equity of -132.45%. The current Return-on-Tangible-Equity is -132.45%. Maple Gold Mines' overall GF Score™ is 29/100 with 1 warning sign 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 Maple Gold Mines (FRA:M3G0), the current Return-on-Tangible-Equity is -132.45% 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.

Maple Gold Mines Business Description

Other Exchanges MGMLF:USA0AJ1:UKMGM:Canada
Address 600 - 1111 West Hastings Street, 6th Floor, Vancouver, BC, CAN, V6E 2J3
Maple Gold Mines Ltd is an exploration-stage company, predominantly involved in the exploration of mineral properties in Quebec, Canada. It is focused on advancing the district-scale Douay and Joutel gold projects located in the prolific Abitibi Greenstone Gold Belt of Quebec, Canada. In addition, the company holds full ownership of the Morris project in the Matagami mining district and holds an exclusive option to acquire Eagle Mine property and PAT Project.
29GF Score

Get the complete analysis for FRA:M3G0

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.55
Price