JL Mag Rare-Earth CoJMREY 69 Return-on-Tangible-Equity is 10.63% as of Mar. 2026, which is 25% below its 10-year median of 14.13. GuruFocus rates JMREY with a GF Score™ of 69/100 and a GF Value™ of $11.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,969 Industrial Products companies, JL Mag Rare-Earth Co ranks better than 65.27% 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. JL Mag Rare-Earth Co's annualized net income for the quarter that ended in Mar. 2026 was $112 Mil. JL Mag Rare-Earth Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,052 Mil. Therefore, JL Mag Rare-Earth Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.63%.
The historical rank and industry rank for JL Mag Rare-Earth Co's Return-on-Tangible-Equity or its related term are showing as below:
JMREY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.31 Med: 14.13 Max: 21.31
Current: 10.48
During the past 13 years, JL Mag Rare-Earth Co's highest Return-on-Tangible-Equity was 21.31%. The lowest was 4.31%. And the median was 14.13%.
JMREY's Return-on-Tangible-Equity is ranked better than 65.27% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs JMREY: 10.48
JL Mag Rare-Earth Co (OTCPK:JMREY) Return-on-Tangible-Equity Explanation
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.
JL Mag Rare-Earth Co Return-on-Tangible-Equity Related Terms
JL Mag Rare-Earth Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JL Mag Rare-Earth Co'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.
JL Mag Rare-Earth Co Return-on-Tangible-Equity Chart
JMREY vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, JL Mag Rare-Earth Co'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.
JL Mag Rare-Earth Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JL Mag Rare-Earth Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JL Mag Rare-Earth Co'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 10.63% mean?
JL Mag Rare-Earth Co (JMREY) has a Return-on-Tangible-Equity of 10.63% 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 JL Mag Rare-Earth Co and its competitors. This is 25% below median its historical median of 14.13. Over the past decade, JL Mag Rare-Earth Co's Return-on-Tangible-Equity has ranged from 4.31 to 21.31. According to the industry distribution chart, JL Mag Rare-Earth Co ranks #1031 out of 2969 companies in the Industrial Products industry, placing it in the top 34.7%.
Is JL Mag Rare-Earth Co's Return-on-Tangible-Equity too high?
JL Mag Rare-Earth Co's current Return-on-Tangible-Equity of 10.63% is 25% below median its 10-year median of 14.13. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 21.31. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. JL Mag Rare-Earth Co's value of 10.63% is 58.2% above this industry median. Based on the distribution chart, JL Mag Rare-Earth Co ranks #1031 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, JL Mag Rare-Earth Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JL Mag Rare-Earth Co's Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, JL Mag Rare-Earth Co ranks #1031 out of 2969 companies for Return-on-Tangible-Equity. This puts JL Mag Rare-Earth Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.72. JL Mag Rare-Earth Co's value of 10.63% is 58.2% above this benchmark. Historically, JL Mag Rare-Earth Co's own Return-on-Tangible-Equity has ranged from 4.31 to 21.31 over the past decade. While the company's 10-year median is 14.13 vs. the industry median of 6.72, JL Mag Rare-Earth Co has consistently been above the industry average. 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,969 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JL Mag Rare-Earth Co's current Return-on-Tangible-Equity of 10.63% is 58.2% above the industry median. 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 JL Mag Rare-Earth Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JL Mag Rare-Earth Co's current Return-on-Tangible-Equity is 10.63%, which is 25% below median its own 10-year median of 14.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JL Mag Rare-Earth Co stock overvalued right now?
Based on GuruFocus' analysis, JL Mag Rare-Earth Co (JMREY) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.28, compared to a current price of $15.50 — trading 37.4% above its estimated fair value. The current Return-on-Tangible-Equity is 10.63%, which is 25% below median its 10-year median of 14.13 and 58.2% above the Industrial Products industry median of 6.72. JL Mag Rare-Earth Co's overall GF Score™ is 69/100 with 6 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 JL Mag Rare-Earth Co (JMREY), the current Return-on-Tangible-Equity is 10.63% 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 JL Mag Rare-Earth Co (JMREY) Overvalued in 2026?
Based on GuruFocus' analysis, JL Mag Rare-Earth Co stock appears to be overvalued.
The current stock price of $15.50 is trading 37.4% above its estimated GF Value™ of $11.28.
GuruFocus considers JL Mag Rare-Earth Co to be Significantly Overvalued.
Key valuation signals for JMREY:
Return-on-Tangible-Equity: 10.63% (25% below median its 10-year median of 14.13)
GF Value™: $11.28 vs. price of $15.50 (37.4% above fair value)
Industry Position: 58.2% above the Industrial Products median (#1031 of 2969)
No single metric tells the full story. See the JMREY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JL Mag Rare-Earth is a leading global producer of high-performance rare-earth permanent magnets. JL Mag focuses on the production and sale of NdFeB PMs, the most widely used type of REPMs, mainly made from an alloy of neodymium (Nd), iron (Fe), and boron (B). The firm is ranked first in the world by high-performance REPMs, according to Frost & Sullivan. JL Mag is also ranked first in the global grain boundary diffusion REPMs market. Its products have a wide array of applications, mainly in new energy vehicles, automotive parts, wind turbine generators, and energy-saving variable-frequency air-conditioners.
69GF Score
Get the complete analysis for JMREY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JMREY has been successfully added to your 
