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Gelum ResourcesGMRCF +10.08%31 Return-on-Tangible-Equity is Negative Tangible Equity% as of Jan. 2026. GuruFocus rates GMRCF with a GF Score™ of 31/100. Among 2,383 Metals & Mining companies, Gelum Resources ranks better than 99.96% 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. Gelum Resources's annualized net income for the quarter that ended in Jan. 2026 was $0.77 Mil. Gelum Resources's average shareholder tangible equity for the quarter that ended in Jan. 2026 was $-0.40 Mil. Therefore, Gelum Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Gelum Resources's Return-on-Tangible-Equity or its related term are showing as below:
GMRCF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -335.85 Med: -106.25 Max: -33.16
Current: Negative Tangible Equity
During the past 6 years, Gelum Resources's highest Return-on-Tangible-Equity was -33.16%. The lowest was -335.85%. And the median was -106.25%.
GMRCF's Return-on-Tangible-Equity is ranked better than 99.96% of 2383
companies
in the Metals & Mining industry
Industry Median: -16.49
vs GMRCF: Negative Tangible Equity
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.
Gelum Resources Return-on-Tangible-Equity Related Terms
Gelum Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gelum 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.
GMRCF vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Gelum 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.
Gelum Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gelum Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gelum 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 (Jan. 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?
Gelum Resources (GMRCF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gelum Resources and its competitors. According to the industry distribution chart, Gelum Resources ranks #1 out of 2383 companies in the Metals & Mining industry, placing it in the top 0%.
Is Gelum Resources' Return-on-Tangible-Equity too high?
Gelum Resources' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Gelum Resources ranks #1 out of 2383 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Gelum Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Gelum Resources' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gelum Resources ranks #1 out of 2383 companies for Return-on-Tangible-Equity. This places Gelum Resources in the top 0% 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 Gelum Resources and its competitors. Gelum Resources'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 Gelum Resources stock overvalued right now?
Gelum Resources (GMRCF) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Gelum Resources' overall GF Score™ is 31/100. 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 Gelum Resources (GMRCF), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Jan. 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.
Gelum Resources Ltd is a mineral exploration company focused on identifying, acquiring, and developing mineral properties, predominantly precious metals like gold. Its key project is the Eldorado Gold Project located in the Bralorne-Bridge River gold district in British Columbia, Canada, an area known for high-grade and long-producing gold deposits. The company conducts geological research, drilling, and geophysical surveys to evaluate the potential of its mineral holdings. It seeks to develop economically viable gold deposits to contribute to the mining sector.
31GF Score
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