Maritana MineralsHRZMF 27 Return-on-Tangible-Equity is 30.34% as of Dec. 2025. GuruFocus rates HRZMF with a GF Score™ of 27/100 and a GF Value™ of $30.62 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,376 Metals & Mining companies, Maritana Minerals ranks better than 66.75% 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. Maritana Minerals's annualized net income for the quarter that ended in Dec. 2025 was $21.16 Mil. Maritana Minerals's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $69.74 Mil. Therefore, Maritana Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 30.34%.
The historical rank and industry rank for Maritana Minerals's Return-on-Tangible-Equity or its related term are showing as below:
HRZMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -53.87 Med: -5.58 Max: 16.4
Current: -4.04
During the past 13 years, Maritana Minerals's highest Return-on-Tangible-Equity was 16.40%. The lowest was -53.87%. And the median was -5.58%.
HRZMF's Return-on-Tangible-Equity is ranked better than 66.75% of 2376
companies
in the Metals & Mining industry
Industry Median: -16.445
vs HRZMF: -4.04
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.
Maritana Minerals Return-on-Tangible-Equity Related Terms
Maritana Minerals Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Maritana Minerals'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.
HRZMF vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Maritana Minerals'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.
Maritana Minerals Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Maritana Minerals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Maritana Minerals'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 30.34% mean?
Maritana Minerals (HRZMF) has a Return-on-Tangible-Equity of 30.34% 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 Maritana Minerals and its competitors. According to the industry distribution chart, Maritana Minerals ranks #790 out of 2376 companies in the Metals & Mining industry, placing it in the top 33.2%.
Is Maritana Minerals' Return-on-Tangible-Equity too high?
Maritana Minerals' current Return-on-Tangible-Equity is 30.34%. Based on the distribution chart, Maritana Minerals ranks #790 out of 2376 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Maritana Minerals has a GF Score™ of 27/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Maritana Minerals' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Maritana Minerals ranks #790 out of 2376 companies for Return-on-Tangible-Equity. This puts Maritana Minerals 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 Maritana Minerals and its competitors. Maritana Minerals's current Return-on-Tangible-Equity is 30.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritana Minerals stock overvalued right now?
Based on GuruFocus' analysis, Maritana Minerals (HRZMF) is currently considered Possible Value Trap. The stock's GF Value™ is $30.62, compared to a current price of $0.75 — trading 97.6% below its estimated fair value. The current Return-on-Tangible-Equity is 30.34%. Maritana Minerals' overall GF Score™ is 27/100 with 3 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 Maritana Minerals (HRZMF), the current Return-on-Tangible-Equity is 30.34% 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 Maritana Minerals (HRZMF) Overvalued in 2026?
Based on GuruFocus' analysis, Maritana Minerals stock appears to be undervalued.
The current stock price of $0.75 is trading 97.6% below its estimated GF Value™ of $30.62.
GuruFocus considers Maritana Minerals to be Possible Value Trap.
Key valuation signals for HRZMF:
Return-on-Tangible-Equity: 30.34%
GF Value™: $30.62 vs. price of $0.75 (97.6% below fair value)
No single metric tells the full story. See the HRZMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maritana Minerals Ltd is an emerging gold producer that operates in the Western Australian Goldfields. The group owned around 100% Black Swan processing hub (BSPH), located in Kalgoorlie-Boulder in the Eastern Goldfields region of Western Australia. The BSPH is strategically positioned within an established mining and processing corridor and benefits from proximity to high-quality regional infrastructure, including sealed highway access, existing connection to grid power, established mining services, and the city of Kalgoorlie-Boulder, which provides a skilled workforce, freight logistics, and regional airport facilities.
27GF Score
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