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Nexa ResourcesFRA:NE0 -0.86%64 Return-on-Tangible-Equity is 32.67% as of Jun. 2026, which is 607% above its 10-year median of 4.62. GuruFocus rates FRA:NE0 with a GF Score™ of 64/100 and a GF Value™ of €7.48 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,399 Metals & Mining companies, Nexa Resources ranks better than 93.25% 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. Nexa Resources's annualized net income for the quarter that ended in Jun. 2026 was €238 Mil. Nexa Resources's average shareholder tangible equity for the quarter that ended in Jun. 2026 was €729 Mil. Therefore, Nexa Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 32.67%.
The historical rank and industry rank for Nexa Resources's Return-on-Tangible-Equity or its related term are showing as below:
FRA:NE0'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -47.3 Med: 4.62 Max: 38.96
Current: 38.96
During the past 12 years, Nexa Resources's highest Return-on-Tangible-Equity was 38.96%. The lowest was -47.30%. And the median was 4.62%.
FRA:NE0's Return-on-Tangible-Equity is ranked better than 93.25% of 2399
companies
in the Metals & Mining industry
Industry Median: -15.96
vs FRA:NE0: 38.96
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.
Nexa Resources Return-on-Tangible-Equity Related Terms
Nexa Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Nexa Resources'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:NE0 vs EMAT, TMC, IMC: Return-on-Tangible-Equity Comparison
For the Other Industrial Metals & Mining subindustry, Nexa Resources'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.
Nexa Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nexa Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Nexa Resources'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 32.67% mean?
Nexa Resources (FRA:NE0) has a Return-on-Tangible-Equity of 32.67% 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 Nexa Resources and its competitors. This is 607% above median its historical median of 4.62. According to the industry distribution chart, Nexa Resources ranks #162 out of 2399 companies in the Metals & Mining industry, placing it in the top 6.8%.
Is Nexa Resources' Return-on-Tangible-Equity too high?
Nexa Resources' current Return-on-Tangible-Equity of 32.67% is 607% above median its 10-year median of 4.62. Based on the distribution chart, Nexa Resources ranks #162 out of 2399 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nexa Resources has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexa Resources' Return-on-Tangible-Equity compare to EMAT and TMC?
According to the Metals & Mining industry distribution chart, Nexa Resources ranks #162 out of 2399 companies for Return-on-Tangible-Equity. This places Nexa Resources in the top 7% 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 Nexa Resources and its competitors. Nexa Resources's current Return-on-Tangible-Equity is 32.67%, which is 607% above median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexa Resources stock overvalued right now?
Based on GuruFocus' analysis, Nexa Resources (FRA:NE0) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.48, compared to a current price of €11.50 — trading 53.7% above its estimated fair value. The current Return-on-Tangible-Equity is 32.67%, which is 607% above median its 10-year median of 4.62. Nexa Resources' overall GF Score™ is 64/100 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 Nexa Resources (FRA:NE0), the current Return-on-Tangible-Equity is 32.67% 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.
Is Nexa Resources (FRA:NE0) Overvalued in 2026?
Based on GuruFocus' analysis, Nexa Resources stock appears to be overvalued.
The current stock price of €11.50 is trading 53.7% above its estimated GF Value™ of €7.48.
GuruFocus considers Nexa Resources to be Significantly Overvalued.
Key valuation signals for FRA:NE0:
Return-on-Tangible-Equity: 32.67% (607% above median its 10-year median of 4.62)
GF Value™: €7.48 vs. price of €11.50 (53.7% above fair value)
No single metric tells the full story. See the FRA:NE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexa Resources SA operate large-scale, mechanized underground and open pit mines, as well as smelters. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.
64GF 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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