Labrador Iron Ore RoyaltyLIFZF +1.07%74 Return-on-Tangible-Equity is 8.24% as of Mar. 2026, which is 71% below its 10-year median of 27.96. GuruFocus rates LIFZF with a GF Scoreâ„¢ of 74/100 and a GF Valueâ„¢ of $18.03 (Fairly Valued). The stock has 4 warning signs investors should review. Among 614 Steel companies, Labrador Iron Ore Royalty ranks better than 86.16% 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. Labrador Iron Ore Royalty's annualized net income for the quarter that ended in Mar. 2026 was $38.5 Mil. Labrador Iron Ore Royalty's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $466.8 Mil. Therefore, Labrador Iron Ore Royalty's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.24%.
The historical rank and industry rank for Labrador Iron Ore Royalty's Return-on-Tangible-Equity or its related term are showing as below:
LIFZF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.56 Med: 27.96 Max: 67.19
Current: 14.42
During the past 13 years, Labrador Iron Ore Royalty's highest Return-on-Tangible-Equity was 67.19%. The lowest was 13.56%. And the median was 27.96%.
LIFZF's Return-on-Tangible-Equity is ranked better than 86.16% of 614
companies
in the Steel industry
Industry Median: 3.95
vs LIFZF: 14.42
Labrador Iron Ore Royalty (OTCPK:LIFZF) 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.
Labrador Iron Ore Royalty Return-on-Tangible-Equity Related Terms
Labrador Iron Ore Royalty Return-on-Tangible-Equity Historical Data
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The historical data trend for Labrador Iron Ore Royalty'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.
Labrador Iron Ore Royalty Return-on-Tangible-Equity Chart
LIFZF vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Labrador Iron Ore Royalty'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.
Labrador Iron Ore Royalty Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Labrador Iron Ore Royalty'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 8.24% mean?
Labrador Iron Ore Royalty (LIFZF) has a Return-on-Tangible-Equity of 8.24% 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 Labrador Iron Ore Royalty and its competitors. This is 71% below median its historical median of 27.96. Over the past decade, Labrador Iron Ore Royalty's Return-on-Tangible-Equity has ranged from 13.56 to 67.19. According to the industry distribution chart, Labrador Iron Ore Royalty ranks #85 out of 614 companies in the Steel industry, placing it in the top 13.8%.
Is Labrador Iron Ore Royalty's Return-on-Tangible-Equity too high?
Labrador Iron Ore Royalty's current Return-on-Tangible-Equity of 8.24% is 71% below median its 10-year median of 27.96. Over the past 10 years, this metric has ranged from a low of 13.56 to a high of 67.19. The Steel industry median Return-on-Tangible-Equity is 3.95. Labrador Iron Ore Royalty's value of 8.24% is 108.6% above this industry median. Based on the distribution chart, Labrador Iron Ore Royalty ranks #85 out of 614 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Labrador Iron Ore Royalty has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Labrador Iron Ore Royalty's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Labrador Iron Ore Royalty ranks #85 out of 614 companies for Return-on-Tangible-Equity. This places Labrador Iron Ore Royalty in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.95. Labrador Iron Ore Royalty's value of 8.24% is 108.6% above this benchmark. Historically, Labrador Iron Ore Royalty's own Return-on-Tangible-Equity has ranged from 13.56 to 67.19 over the past decade. While the company's 10-year median is 27.96 vs. the industry median of 3.95, Labrador Iron Ore Royalty 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 a Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.95, based on 614 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. Labrador Iron Ore Royalty's current Return-on-Tangible-Equity of 8.24% is 108.6% 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 Labrador Iron Ore Royalty and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labrador Iron Ore Royalty's current Return-on-Tangible-Equity is 8.24%, which is 71% below median its own 10-year median of 27.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labrador Iron Ore Royalty stock overvalued right now?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty (LIFZF) is currently considered Fairly Valued. The stock's GF Value™ is $18.03, compared to a current price of $19.91 — trading 10.4% above its estimated fair value. The current Return-on-Tangible-Equity is 8.24%, which is 71% below median its 10-year median of 27.96 and 108.6% above the Steel industry median of 3.95. Labrador Iron Ore Royalty's overall GF Score™ is 74/100 with 4 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 Labrador Iron Ore Royalty (LIFZF), the current Return-on-Tangible-Equity is 8.24% 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 Labrador Iron Ore Royalty (LIFZF) Overvalued in 2026?
Based on GuruFocus' analysis, Labrador Iron Ore Royalty stock appears to be overvalued.
The current stock price of $19.91 is trading 10.4% above its estimated GF Value™ of $18.03.
GuruFocus considers Labrador Iron Ore Royalty to be Fairly Valued.
Key valuation signals for LIFZF:
Return-on-Tangible-Equity: 8.24% (71% below median its 10-year median of 27.96)
GF Value™: $18.03 vs. price of $19.91 (10.4% above fair value)
Industry Position: 108.6% above the Steel median (#85 of 614)
No single metric tells the full story. See the LIFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Labrador Iron Ore Royalty Corporation, along with its wholly owned subsidiary, holds approximately fifteen percent interest in Iron Ore Company of Canada (IOC), a North American producer and exporter of iron ore pellets and high-grade concentrate. The company receives approximately seven percent gross overriding royalty on all iron ore products produced, sold, and shipped by IOC and some cents per tonne commission on all iron ore products produced and sold by IOC from the leased lands. Under normal circumstances, Labrador Iron Ore Royalty Corporation pays cash dividends from the free cash flow generated from IOC to the maximum extent possible, subject to the maintenance of appropriate levels of working capital. The firm generates the majority of its revenue in the form of royalty income.
74GF Score
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