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Fortitude GoldFTCO +0.02%54 Return-on-Tangible-Equity is -5.98% as of Mar. 2026. GuruFocus rates FTCO with a GF Score™ of 54/100 and a GF Value™ of $1.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,384 Metals & Mining companies, Fortitude Gold ranks better than 69.51% 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. Fortitude Gold's annualized net income for the quarter that ended in Mar. 2026 was $-6.52 Mil. Fortitude Gold's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $109.06 Mil. Therefore, Fortitude Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -5.98%.
The historical rank and industry rank for Fortitude Gold's Return-on-Tangible-Equity or its related term are showing as below:
FTCO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.54 Med: 12.47 Max: 16.99
Current: -2.29
During the past 7 years, Fortitude Gold's highest Return-on-Tangible-Equity was 16.99%. The lowest was -4.54%. And the median was 12.47%.
FTCO's Return-on-Tangible-Equity is ranked better than 69.51% of 2384
companies
in the Metals & Mining industry
Industry Median: -16.445
vs FTCO: -2.29
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.
Fortitude Gold Return-on-Tangible-Equity Related Terms
Fortitude Gold Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fortitude Gold'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.
FTCO vs BSAI, PZG, NAMM: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Fortitude Gold'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.
Fortitude Gold Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortitude Gold's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fortitude Gold'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 -5.98% mean?
Fortitude Gold (FTCO) has a Return-on-Tangible-Equity of -5.98% 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 Fortitude Gold and its competitors. According to the industry distribution chart, Fortitude Gold ranks #727 out of 2384 companies in the Metals & Mining industry, placing it in the top 30.5%.
Is Fortitude Gold's Return-on-Tangible-Equity too high?
Fortitude Gold's current Return-on-Tangible-Equity is -5.98%. Based on the distribution chart, Fortitude Gold ranks #727 out of 2384 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Fortitude Gold has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortitude Gold's Return-on-Tangible-Equity compare to BSAI and PZG?
According to the Metals & Mining industry distribution chart, Fortitude Gold ranks #727 out of 2384 companies for Return-on-Tangible-Equity. This puts Fortitude Gold in the upper 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 Fortitude Gold and its competitors. Fortitude Gold's current Return-on-Tangible-Equity is -5.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortitude Gold stock overvalued right now?
Based on GuruFocus' analysis, Fortitude Gold (FTCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.28, compared to a current price of $4.75 — trading 271.3% above its estimated fair value. The current Return-on-Tangible-Equity is -5.98%. Fortitude Gold's overall GF Score™ is 54/100 with 6 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 Fortitude Gold (FTCO), the current Return-on-Tangible-Equity is -5.98% 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.
Is Fortitude Gold (FTCO) Overvalued in 2026?
Based on GuruFocus' analysis, Fortitude Gold stock appears to be overvalued.
The current stock price of $4.75 is trading 271.3% above its estimated GF Value™ of $1.28.
GuruFocus considers Fortitude Gold to be Significantly Overvalued.
Key valuation signals for FTCO:
Return-on-Tangible-Equity: -5.98%
GF Value™: $1.28 vs. price of $4.75 (271.3% above fair value)
No single metric tells the full story. See the FTCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fortitude Gold Corp is a mineral exploration and evaluation company. It mainly explores gold and silver. The company has one reportable operating segment, mining operations, which produces gold for sale to its customers. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.
54GF Score
Get the complete analysis for FTCO
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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