Sociedad Minera Corona (LIM:MINCORC1) Return-on-Tangible-Equity: -2.81% (As of Dec. 2024)

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LIM:MINCORC1 Sociedad Minera Corona SA LIM:MINCORC1
46 GF Score
Price S/.40.50
GF Value S/.13.70
! 4 Warning Signs
View Full Analysis

What is Sociedad Minera Corona Return-on-Tangible-Equity?

Sociedad Minera Corona LIM:MINCORC1 46 Return-on-Tangible-Equity is -2.81% as of Dec. 2024. GuruFocus rates LIM:MINCORC1 with a GF Score™ of 46/100 and a GF Value™ of S/.13.70. The stock has 4 warning signs investors should review. Among 2,391 Metals & Mining companies, Sociedad Minera Corona ranks better than 68.3% 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. Sociedad Minera Corona's annualized net income for the quarter that ended in Dec. 2024 was S/.-15.7 Mil. Sociedad Minera Corona's average shareholder tangible equity for the quarter that ended in Dec. 2024 was S/.558.1 Mil. Therefore, Sociedad Minera Corona's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -2.81%.

The historical rank and industry rank for Sociedad Minera Corona's Return-on-Tangible-Equity or its related term are showing as below:

LIM:MINCORC1' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.81   Med: 20.06   Max: 53.33
Current: -2.81

During the past 9 years, Sociedad Minera Corona's highest Return-on-Tangible-Equity was 53.33%. The lowest was -2.81%. And the median was 20.06%.

LIM:MINCORC1's Return-on-Tangible-Equity is ranked better than
68.3% of 2391 companies
in the Metals & Mining industry
Industry Median: -16.3 vs LIM:MINCORC1: -2.81

Sociedad Minera Corona  (LIM:MINCORC1) 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.


Sociedad Minera Corona Return-on-Tangible-Equity Related Terms


Sociedad Minera Corona Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sociedad Minera Corona'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.

Sociedad Minera Corona Return-on-Tangible-Equity Chart

Sociedad Minera Corona Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 16.27 20.06 -0.66 1.93 -2.81

Sociedad Minera Corona Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 16.27 20.06 -0.66 1.93 -2.81

Sociedad Minera Corona Return-on-Tangible-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Sociedad Minera Corona'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.


Sociedad Minera Corona Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Sociedad Minera Corona's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sociedad Minera Corona's Return-on-Tangible-Equity falls into.


LIM:MINCORC1
46GF Score
Sociedad Minera Corona SA LIM:MINCORC1
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sociedad Minera Corona Return-on-Tangible-Equity Calculation

Sociedad Minera Corona's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-15.706/( (565.943+550.237 )/ 2 )
=-15.706/558.09
=-2.81 %

Sociedad Minera Corona's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=-15.706/( (565.943+550.237)/ 2 )
=-15.706/558.09
=-2.81 %

* 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 one times the annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -2.81% mean?
Sociedad Minera Corona (LIM:MINCORC1) has a Return-on-Tangible-Equity of -2.81% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Sociedad Minera Corona and its competitors. According to the industry distribution chart, Sociedad Minera Corona ranks #758 out of 2391 companies in the Metals & Mining industry, placing it in the top 31.7%.
Is Sociedad Minera Corona's Return-on-Tangible-Equity too high?
Sociedad Minera Corona's current Return-on-Tangible-Equity is -2.81%. Based on the distribution chart, Sociedad Minera Corona ranks #758 out of 2391 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Sociedad Minera Corona has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sociedad Minera Corona's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Sociedad Minera Corona ranks #758 out of 2391 companies for Return-on-Tangible-Equity. This puts Sociedad Minera Corona 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 Sociedad Minera Corona and its competitors. Sociedad Minera Corona's current Return-on-Tangible-Equity is -2.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sociedad Minera Corona stock overvalued right now?
Sociedad Minera Corona (LIM:MINCORC1) has a current Return-on-Tangible-Equity of -2.81%. The stock's GF Value™ is S/.13.70, compared to a current price of S/.40.50 — trading 195.6% above its estimated fair value. The current Return-on-Tangible-Equity is -2.81%. Sociedad Minera Corona's overall GF Score™ is 46/100 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 Sociedad Minera Corona (LIM:MINCORC1), the current Return-on-Tangible-Equity is -2.81% as of Dec. 2024. 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 Sociedad Minera Corona (LIM:MINCORC1) Overvalued in 2026?

Based on GuruFocus' analysis, Sociedad Minera Corona stock appears to be overvalued. The current stock price of S/.40.50 is trading 195.6% above its estimated GF Value™ of S/.13.70.

Key valuation signals for LIM:MINCORC1:

  • Return-on-Tangible-Equity: -2.81%
  • GF Value™: S/.13.70 vs. price of S/.40.50 (195.6% above fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the LIM:MINCORC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sociedad Minera Corona Business Description

Other Exchanges MINCORI1:Peru
Address Av. Pedro de Osma Nro. 450, Barranco, Lima, PER
Sociedad Minera Corona SA explores and extracts minerals to produce copper concentrates, silver, lead, and zinc. The company has two production unit namely Yauricocha, located in the department of Lima province of Yauyos and Carolina, located in the department of Cajamarca province of Hualgayoc.
46GF Score

Get the complete analysis for LIM:MINCORC1

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S/.40.50
Price
S/.13.70
GF Value