Gold FieldsGFIOF 91 Return-on-Tangible-Equity is 70.01% as of Dec. 2025, which is 301% above its 10-year median of 17.44. GuruFocus rates GFIOF with a GF Score™ of 91/100 and a GF Value™ of $41.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,378 Metals & Mining companies, Gold Fields ranks better than 95.92% 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. Gold Fields's annualized net income for the quarter that ended in Dec. 2025 was $5,081 Mil. Gold Fields's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $7,258 Mil. Therefore, Gold Fields's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 70.01%.
The historical rank and industry rank for Gold Fields's Return-on-Tangible-Equity or its related term are showing as below:
GFIOF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -12.61 Med: 17.44 Max: 53.08
Current: 53.08
During the past 13 years, Gold Fields's highest Return-on-Tangible-Equity was 53.08%. The lowest was -12.61%. And the median was 17.44%.
GFIOF's Return-on-Tangible-Equity is ranked better than 95.92% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs GFIOF: 53.08
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.
Gold Fields Return-on-Tangible-Equity Related Terms
Gold Fields Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gold Fields'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.
GFIOF vs NEM, AU, RGLD: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Gold Fields'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.
Gold Fields Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gold Fields's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gold Fields'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 70.01% mean?
Gold Fields (GFIOF) has a Return-on-Tangible-Equity of 70.01% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gold Fields and its competitors. This is 301% above median its historical median of 17.44. According to the industry distribution chart, Gold Fields ranks #97 out of 2378 companies in the Metals & Mining industry, placing it in the top 4.1%.
Is Gold Fields' Return-on-Tangible-Equity too high?
Gold Fields' current Return-on-Tangible-Equity of 70.01% is 301% above median its 10-year median of 17.44. Based on the distribution chart, Gold Fields ranks #97 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Gold Fields has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Fields' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Fields ranks #97 out of 2378 companies for Return-on-Tangible-Equity. This places Gold Fields in the top 4% 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 Gold Fields and its competitors. Gold Fields's current Return-on-Tangible-Equity is 70.01%, which is 301% above median its own 10-year median of 17.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Fields stock overvalued right now?
Based on GuruFocus' analysis, Gold Fields (GFIOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.01, compared to a current price of $35.80 — trading 12.7% below its estimated fair value. The current Return-on-Tangible-Equity is 70.01%, which is 301% above median its 10-year median of 17.44. Gold Fields' overall GF Score™ is 91/100 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 Gold Fields (GFIOF), the current Return-on-Tangible-Equity is 70.01% as of Dec. 2025. 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 Gold Fields (GFIOF) Overvalued in 2026?
Based on GuruFocus' analysis, Gold Fields stock appears to be undervalued.
The current stock price of $35.80 is trading 12.7% below its estimated GF Value™ of $41.01.
GuruFocus considers Gold Fields to be Modestly Undervalued.
Key valuation signals for GFIOF:
Return-on-Tangible-Equity: 70.01% (301% above median its 10-year median of 17.44)
GF Value™: $41.01 vs. price of $35.80 (12.7% below fair value)
No single metric tells the full story. See the GFIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia, and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing, and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith, and South Deep, and surface-only open pit mining at Damang, Tarkwa, and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.
91GF Score
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