Mineral ResourcesMALRF -10.11%85 Return-on-Tangible-Equity is 28.75% as of Dec. 2025, which is 139% above its 10-year median of 12.05. GuruFocus rates MALRF with a GF Score™ of 85/100 and a GF Value™ of $57.58 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 2,377 Metals & Mining companies, Mineral Resources ranks better than 82.58% 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. Mineral Resources's annualized net income for the quarter that ended in Dec. 2025 was $658 Mil. Mineral Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $2,288 Mil. Therefore, Mineral Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 28.75%.
The historical rank and industry rank for Mineral Resources's Return-on-Tangible-Equity or its related term are showing as below:
MALRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.74 Med: 12.05 Max: 57.46
Current: 11.7
During the past 13 years, Mineral Resources's highest Return-on-Tangible-Equity was 57.46%. The lowest was -26.74%. And the median was 12.05%.
MALRF's Return-on-Tangible-Equity is ranked better than 82.58% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs MALRF: 11.70
Mineral Resources (OTCPK:MALRF) 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.
Mineral Resources Return-on-Tangible-Equity Related Terms
Mineral Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mineral 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.
Mineral Resources Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mineral 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.
Mineral Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mineral 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 28.75% mean?
Mineral Resources (MALRF) has a Return-on-Tangible-Equity of 28.75% 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 Mineral Resources and its competitors. This is 139% above median its historical median of 12.05. According to the industry distribution chart, Mineral Resources ranks #414 out of 2377 companies in the Metals & Mining industry, placing it in the top 17.4%.
Is Mineral Resources' Return-on-Tangible-Equity too high?
Mineral Resources' current Return-on-Tangible-Equity of 28.75% is 139% above median its 10-year median of 12.05. Based on the distribution chart, Mineral Resources ranks #414 out of 2377 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mineral Resources has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #414 out of 2377 companies for Return-on-Tangible-Equity. This places Mineral Resources in the top 17% of its industry — outperforming the majority of peers. 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 Mineral Resources and its competitors. Mineral Resources's current Return-on-Tangible-Equity is 28.75%, which is 139% above median its own 10-year median of 12.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (MALRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $57.58, compared to a current price of $45.17 — trading 21.6% below its estimated fair value. The current Return-on-Tangible-Equity is 28.75%, which is 139% above median its 10-year median of 12.05. Mineral Resources' overall GF Score™ is 85/100 with 10 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 Mineral Resources (MALRF), the current Return-on-Tangible-Equity is 28.75% 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 Mineral Resources (MALRF) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of $45.17 is trading 21.6% below its estimated GF Value™ of $57.58.
GuruFocus considers Mineral Resources to be Modestly Undervalued.
Key valuation signals for MALRF:
Return-on-Tangible-Equity: 28.75% (139% above median its 10-year median of 12.05)
GF Value™: $57.58 vs. price of $45.17 (21.6% below fair value)
No single metric tells the full story. See the MALRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
85GF Score
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