International Iconic Gold ExplorationMFMLF -2.93% Return-on-Tangible-Equity is 0.00% as of Mar. 2026. The stock has 4 warning signs investors should review. Among 2,377 Metals & Mining companies, International Iconic Gold Exploration ranks worse than 94.57% on this metric.
The historical rank and industry rank for International Iconic Gold Exploration's Return-on-Tangible-Equity or its related term are showing as below:
MFMLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -484.44 Med: -37.31 Max: 220.63
Current: -291.87
During the past 13 years, International Iconic Gold Exploration's highest Return-on-Tangible-Equity was 220.63%. The lowest was -484.44%. And the median was -37.31%.
MFMLF's Return-on-Tangible-Equity is ranked worse than 94.57% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs MFMLF: -291.87
International Iconic Gold Exploration (OTCPK:MFMLF) 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.
International Iconic Gold Exploration Return-on-Tangible-Equity Related Terms
International Iconic Gold Exploration Return-on-Tangible-Equity Historical Data
* 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.
International Iconic Gold Exploration Return-on-Tangible-Equity Chart
MFMLF vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, International Iconic Gold Exploration'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.
International Iconic Gold Exploration Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, International Iconic Gold Exploration's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where International Iconic Gold Exploration'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 0.00% mean?
International Iconic Gold Exploration (MFMLF) has a Return-on-Tangible-Equity of 0.00% 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 International Iconic Gold Exploration and its competitors. According to the industry distribution chart, International Iconic Gold Exploration ranks #2248 out of 2377 companies in the Metals & Mining industry, placing it in the top 94.6%.
Is International Iconic Gold Exploration's Return-on-Tangible-Equity too high?
International Iconic Gold Exploration's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, International Iconic Gold Exploration ranks #2248 out of 2377 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does International Iconic Gold Exploration's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, International Iconic Gold Exploration ranks #2248 out of 2377 companies for Return-on-Tangible-Equity. This places International Iconic Gold Exploration in the lower 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 International Iconic Gold Exploration and its competitors. International Iconic Gold Exploration's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Iconic Gold Exploration stock overvalued right now?
International Iconic Gold Exploration (MFMLF) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 International Iconic Gold Exploration (MFMLF), the current Return-on-Tangible-Equity is 0.00% 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.
International Iconic Gold Exploration Business Description
International Iconic Gold Exploration Corp is in the business of acquiring, exploring, and evaluating mineral resource properties. The company's project includes San Roque Gold Project, Ortiquita Project, Castano Project, Lago Fontana Project.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MFMLF has been successfully added to your 