FerroglobeGSM +2.60%71 Return-on-Tangible-Equity is -6.94% as of Mar. 2026. GuruFocus rates GSM with a GF Score™ of 71/100 and a GF Value™ of $4.14 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,374 Metals & Mining companies, Ferroglobe ranks worse than 57.29% 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. Ferroglobe's annualized net income for the quarter that ended in Mar. 2026 was $-28 Mil. Ferroglobe's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $407 Mil. Therefore, Ferroglobe's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -6.94%.
The historical rank and industry rank for Ferroglobe's Return-on-Tangible-Equity or its related term are showing as below:
GSM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -81.57 Med: -16.27 Max: 148.71
Current: -24.11
During the past 13 years, Ferroglobe's highest Return-on-Tangible-Equity was 148.71%. The lowest was -81.57%. And the median was -16.27%.
GSM's Return-on-Tangible-Equity is ranked worse than 57.29% of 2374
companies
in the Metals & Mining industry
Industry Median: -16.495
vs GSM: -24.11
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.
Ferroglobe Return-on-Tangible-Equity Related Terms
Ferroglobe Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ferroglobe'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.
GSM vs NB, TMCR, LZM: Return-on-Tangible-Equity Comparison
For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.
Ferroglobe Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ferroglobe's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ferroglobe'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 -6.94% mean?
Ferroglobe (GSM) has a Return-on-Tangible-Equity of -6.94% 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 Ferroglobe and its competitors. According to the industry distribution chart, Ferroglobe ranks #1360 out of 2374 companies in the Metals & Mining industry, placing it in the top 57.3%.
Is Ferroglobe's Return-on-Tangible-Equity too high?
Ferroglobe's current Return-on-Tangible-Equity is -6.94%. Based on the distribution chart, Ferroglobe ranks #1360 out of 2374 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Ferroglobe has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ferroglobe's Return-on-Tangible-Equity compare to NB and TMCR?
According to the Metals & Mining industry distribution chart, Ferroglobe ranks #1360 out of 2374 companies for Return-on-Tangible-Equity. This places Ferroglobe 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 Ferroglobe and its competitors. Ferroglobe's current Return-on-Tangible-Equity is -6.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferroglobe stock overvalued right now?
Based on GuruFocus' analysis, Ferroglobe (GSM) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.14, compared to a current price of $3.36 — trading 19% below its estimated fair value. The current Return-on-Tangible-Equity is -6.94%. Ferroglobe's overall GF Score™ is 71/100 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 Ferroglobe (GSM), the current Return-on-Tangible-Equity is -6.94% 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 Ferroglobe (GSM) Overvalued in 2026?
Based on GuruFocus' analysis, Ferroglobe stock appears to be undervalued.
The current stock price of $3.36 is trading 19% below its estimated GF Value™ of $4.14.
GuruFocus considers Ferroglobe to be Modestly Undervalued.
Key valuation signals for GSM:
Return-on-Tangible-Equity: -6.94%
GF Value™: $4.14 vs. price of $3.36 (19% below fair value)
No single metric tells the full story. See the GSM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel, and ductile iron foundry industries. The company's operating segments include Canada - Silicon Metals, Canada - Silicon Alloys, U.S. - Silicon Metals, U.S. - Silicon Alloys, Europe - Manganese Alloys, Europe - Silicon Metals, Europe - Silicon Alloys, South Africa - Silicon Metals, South Africa - Silicon Alloys, and Other segments. The primary raw materials the company uses to produce its electrometallurgy products include its coal and quartz mining operations and its silicon metal and ferroalloy production. The firm generates key revenue from Silicon metal and Manganese-based alloys.
71GF Score
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