MegaWatt Lithium and Battery MetalsFRA:WR20 +5.26%37 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates FRA:WR20 with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 2,377 Metals & Mining companies, MegaWatt Lithium and Battery Metals ranks worse than 99.07% on this metric.
The historical rank and industry rank for MegaWatt Lithium and Battery Metals's Return-on-Tangible-Equity or its related term are showing as below:
FRA:WR20'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1186.66 Med: -54.51 Max: -7.28
Current: -1186.66
During the past 8 years, MegaWatt Lithium and Battery Metals's highest Return-on-Tangible-Equity was -7.28%. The lowest was -1,186.66%. And the median was -54.51%.
FRA:WR20's Return-on-Tangible-Equity is ranked worse than 99.07% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs FRA:WR20: -1186.66
MegaWatt Lithium and Battery Metals (FRA:WR20) 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.
MegaWatt Lithium and Battery Metals Return-on-Tangible-Equity Related Terms
MegaWatt Lithium and Battery Metals Return-on-Tangible-Equity Historical Data
* 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.
MegaWatt Lithium and Battery Metals Return-on-Tangible-Equity Chart
MegaWatt Lithium and Battery Metals Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, MegaWatt Lithium and Battery Metals'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.
MegaWatt Lithium and Battery Metals Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MegaWatt Lithium and Battery Metals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MegaWatt Lithium and Battery Metals'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 Negative Tangible Equity% mean?
MegaWatt Lithium and Battery Metals (FRA:WR20) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 MegaWatt Lithium and Battery Metals and its competitors. According to the industry distribution chart, MegaWatt Lithium and Battery Metals ranks #2355 out of 2377 companies in the Metals & Mining industry, placing it in the top 99.1%.
Is MegaWatt Lithium and Battery Metals' Return-on-Tangible-Equity too high?
MegaWatt Lithium and Battery Metals' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, MegaWatt Lithium and Battery Metals ranks #2355 out of 2377 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MegaWatt Lithium and Battery Metals has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does MegaWatt Lithium and Battery Metals' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, MegaWatt Lithium and Battery Metals ranks #2355 out of 2377 companies for Return-on-Tangible-Equity. This places MegaWatt Lithium and Battery Metals 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 MegaWatt Lithium and Battery Metals and its competitors. MegaWatt Lithium and Battery Metals's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MegaWatt Lithium and Battery Metals stock overvalued right now?
MegaWatt Lithium and Battery Metals (FRA:WR20) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. MegaWatt Lithium and Battery Metals' overall GF Score™ is 37/100 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 MegaWatt Lithium and Battery Metals (FRA:WR20), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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.
MegaWatt Lithium and Battery Metals Business Description
MegaWatt Lithium and Battery Metals Corp is involved in the acquisition and exploration of mineral properties in Canada. Its projects include Arctic Fox, Benedict Mountains Uranium Project, Cobalt Hill, Isbjorn Project, Mitsumis Lithium, Route 381 Lithium, and Tyr Silver.
37GF Score
Get the complete analysis for FRA:WR20
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