Valterra PlatinumJSE:VAL +1.92%79 Return-on-Tangible-Equity is 32.43% as of Dec. 2025, which is 109% above its 10-year median of 15.55. GuruFocus rates JSE:VAL with a GF Score™ of 79/100 and a GF Value™ of R805.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,378 Metals & Mining companies, Valterra Platinum ranks better than 86.25% 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. Valterra Platinum's annualized net income for the quarter that ended in Dec. 2025 was R29,670 Mil. Valterra Platinum's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R91,500 Mil. Therefore, Valterra Platinum's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 32.43%.
The historical rank and industry rank for Valterra Platinum's Return-on-Tangible-Equity or its related term are showing as below:
JSE:VAL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.59 Med: 15.55 Max: 87.87
Current: 16.27
During the past 13 years, Valterra Platinum's highest Return-on-Tangible-Equity was 87.87%. The lowest was 1.59%. And the median was 15.55%.
JSE:VAL's Return-on-Tangible-Equity is ranked better than 86.25% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs JSE:VAL: 16.27
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.
Valterra Platinum Return-on-Tangible-Equity Related Terms
Valterra Platinum Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Valterra Platinum'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.
JSE:VAL vs HL, SIND: Return-on-Tangible-Equity Comparison
For the Other Precious Metals & Mining subindustry, Valterra Platinum'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.
Valterra Platinum Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Valterra Platinum's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Valterra Platinum'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 32.43% mean?
Valterra Platinum (JSE:VAL) has a Return-on-Tangible-Equity of 32.43% 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 Valterra Platinum and its competitors. This is 109% above median its historical median of 15.55. Over the past decade, Valterra Platinum's Return-on-Tangible-Equity has ranged from 1.59 to 87.87. According to the industry distribution chart, Valterra Platinum ranks #327 out of 2378 companies in the Metals & Mining industry, placing it in the top 13.8%.
Is Valterra Platinum's Return-on-Tangible-Equity too high?
Valterra Platinum's current Return-on-Tangible-Equity of 32.43% is 109% above median its 10-year median of 15.55. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 87.87. Based on the distribution chart, Valterra Platinum ranks #327 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Valterra Platinum has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valterra Platinum's Return-on-Tangible-Equity compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Valterra Platinum ranks #327 out of 2378 companies for Return-on-Tangible-Equity. This places Valterra Platinum in the top 14% of its industry — outperforming the majority of peers. Historically, Valterra Platinum's own Return-on-Tangible-Equity has ranged from 1.59 to 87.87 over the past decade. 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 Valterra Platinum and its competitors. Valterra Platinum's current Return-on-Tangible-Equity is 32.43%, which is 109% above median its own 10-year median of 15.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valterra Platinum stock overvalued right now?
Based on GuruFocus' analysis, Valterra Platinum (JSE:VAL) is currently considered Significantly Overvalued. The stock's GF Value™ is R805.45, compared to a current price of R1,147.22 — trading 42.4% above its estimated fair value. The current Return-on-Tangible-Equity is 32.43%, which is 109% above median its 10-year median of 15.55. Valterra Platinum's overall GF Score™ is 79/100 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 Valterra Platinum (JSE:VAL), the current Return-on-Tangible-Equity is 32.43% 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 Valterra Platinum (JSE:VAL) Overvalued in 2026?
Based on GuruFocus' analysis, Valterra Platinum stock appears to be overvalued.
The current stock price of R1,147.22 is trading 42.4% above its estimated GF Value™ of R805.45.
GuruFocus considers Valterra Platinum to be Significantly Overvalued.
Key valuation signals for JSE:VAL:
Return-on-Tangible-Equity: 32.43% (109% above median its 10-year median of 15.55)
GF Value™: R805.45 vs. price of R1,147.22 (42.4% above fair value)
No single metric tells the full story. See the JSE:VAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Valterra Platinum Ltd supplies platinum group metals (PGMs). It provides services across the value chain, including mining, recycling, and trading of metals. Its products include PGMs such as platinum, palladium, rhodium, iridium, and ruthenium; base metals such as copper, nickel, cobalt sulphate, and chrome; and other by-products such as gold and sodium sulphate, with operations across different stages of production. The majority of the company's revenue is derived from the sale of Platinum. Geographically, it generates the maximum revenue from Japan.
79GF Score
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