Iluka ResourcesILKAF -4.88%71 Return-on-Tangible-Equity is -34.01% as of Dec. 2025. GuruFocus rates ILKAF with a GF Score™ of 71/100 and a GF Value™ of $3.48 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,377 Metals & Mining companies, Iluka Resources ranks better than 53.6% 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. Iluka Resources's annualized net income for the quarter that ended in Dec. 2025 was $-505.5 Mil. Iluka Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,486.5 Mil. Therefore, Iluka Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -34.01%.
The historical rank and industry rank for Iluka Resources's Return-on-Tangible-Equity or its related term are showing as below:
ILKAF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -30.89 Med: 13.57 Max: 241.43
Current: -12.57
During the past 13 years, Iluka Resources's highest Return-on-Tangible-Equity was 241.43%. The lowest was -30.89%. And the median was 13.57%.
ILKAF's Return-on-Tangible-Equity is ranked better than 53.6% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs ILKAF: -12.57
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.
Iluka Resources Return-on-Tangible-Equity Related Terms
Iluka Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Iluka 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.
For the Other Industrial Metals & Mining subindustry, Iluka 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.
Iluka Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Iluka Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Iluka 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 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 -34.01% mean?
Iluka Resources (ILKAF) has a Return-on-Tangible-Equity of -34.01% 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 Iluka Resources and its competitors. According to the industry distribution chart, Iluka Resources ranks #1103 out of 2377 companies in the Metals & Mining industry, placing it in the top 46.4%.
Is Iluka Resources' Return-on-Tangible-Equity too high?
Iluka Resources' current Return-on-Tangible-Equity is -34.01%. Based on the distribution chart, Iluka Resources ranks #1103 out of 2377 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Iluka Resources has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iluka Resources' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Iluka Resources ranks #1103 out of 2377 companies for Return-on-Tangible-Equity. This puts Iluka Resources 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 Iluka Resources and its competitors. Iluka Resources's current Return-on-Tangible-Equity is -34.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iluka Resources stock overvalued right now?
Based on GuruFocus' analysis, Iluka Resources (ILKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.48, compared to a current price of $4.78 — trading 37.2% above its estimated fair value. The current Return-on-Tangible-Equity is -34.01%. Iluka Resources' overall GF Score™ is 71/100 with 8 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 Iluka Resources (ILKAF), the current Return-on-Tangible-Equity is -34.01% 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 Iluka Resources (ILKAF) Overvalued in 2026?
Based on GuruFocus' analysis, Iluka Resources stock appears to be overvalued.
The current stock price of $4.78 is trading 37.2% above its estimated GF Value™ of $3.48.
GuruFocus considers Iluka Resources to be Significantly Overvalued.
Key valuation signals for ILKAF:
Return-on-Tangible-Equity: -34.01%
GF Value™: $3.48 vs. price of $4.78 (37.2% above fair value)
No single metric tells the full story. See the ILKAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia, but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Production from the Balranald rutile and zircon mine commenced in late 2025, and Iluka is also building a rare-earth refinery at Eneabba. The refinery will be able to process Iluka's existing monazite stockpile as well as feed from third parties, Balranald, and future Iluka projects.
71GF Score
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