Polyus PJSCMIC:PLZL -0.40%100 Return-on-Tangible-Equity is 115.49% as of Dec. 2025, which is 20% below its 10-year median of 143.67. GuruFocus rates MIC:PLZL with a GF Score™ of 100/100 and a GF Value™ of ₽23,710.43 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,375 Metals & Mining companies, Polyus PJSC ranks better than 98.11% 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. Polyus PJSC's annualized net income for the quarter that ended in Dec. 2025 was ₽281,576 Mil. Polyus PJSC's average shareholder tangible equity for the quarter that ended in Dec. 2025 was ₽243,801 Mil. Therefore, Polyus PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 115.49%.
The historical rank and industry rank for Polyus PJSC's Return-on-Tangible-Equity or its related term are showing as below:
MIC:PLZL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 33.89 Med: 143.67 Max: 7864.09
Current: 148.18
During the past 12 years, Polyus PJSC's highest Return-on-Tangible-Equity was 7,864.09%. The lowest was 33.89%. And the median was 143.67%.
MIC:PLZL's Return-on-Tangible-Equity is ranked better than 98.11% of 2375
companies
in the Metals & Mining industry
Industry Median: -16.48
vs MIC:PLZL: 148.18
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.
Polyus PJSC Return-on-Tangible-Equity Related Terms
Polyus PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Polyus PJSC'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.
MIC:PLZL vs NEM, AU, RGLD: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Polyus PJSC'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.
Polyus PJSC Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Polyus PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Polyus PJSC'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 115.49% mean?
Polyus PJSC (MIC:PLZL) has a Return-on-Tangible-Equity of 115.49% 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 Polyus PJSC and its competitors. This is 20% below median its historical median of 143.67. Over the past decade, Polyus PJSC's Return-on-Tangible-Equity has ranged from 33.89 to 7,864.09. According to the industry distribution chart, Polyus PJSC ranks #45 out of 2375 companies in the Metals & Mining industry, placing it in the top 1.9%.
Is Polyus PJSC's Return-on-Tangible-Equity too high?
Polyus PJSC's current Return-on-Tangible-Equity of 115.49% is 20% below median its 10-year median of 143.67. Over the past 10 years, this metric has ranged from a low of 33.89 to a high of 7,864.09. Based on the distribution chart, Polyus PJSC ranks #45 out of 2375 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Polyus PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polyus PJSC's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Polyus PJSC ranks #45 out of 2375 companies for Return-on-Tangible-Equity. This places Polyus PJSC in the top 2% of its industry — outperforming the majority of peers. Historically, Polyus PJSC's own Return-on-Tangible-Equity has ranged from 33.89 to 7,864.09 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 Polyus PJSC and its competitors. Polyus PJSC's current Return-on-Tangible-Equity is 115.49%, which is 20% below median its own 10-year median of 143.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyus PJSC stock overvalued right now?
Based on GuruFocus' analysis, Polyus PJSC (MIC:PLZL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₽23,710.43, compared to a current price of ₽1,924.40 — trading 91.9% below its estimated fair value. The current Return-on-Tangible-Equity is 115.49%, which is 20% below median its 10-year median of 143.67. Polyus PJSC's overall GF Score™ is 100/100 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 Polyus PJSC (MIC:PLZL), the current Return-on-Tangible-Equity is 115.49% 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 Polyus PJSC (MIC:PLZL) Overvalued in 2026?
Based on GuruFocus' analysis, Polyus PJSC stock appears to be undervalued.
The current stock price of ₽1,924.40 is trading 91.9% below its estimated GF Value™ of ₽23,710.43.
GuruFocus considers Polyus PJSC to be Significantly Undervalued.
Key valuation signals for MIC:PLZL:
Return-on-Tangible-Equity: 115.49% (20% below median its 10-year median of 143.67)
GF Value™: ₽23,710.43 vs. price of ₽1,924.40 (91.9% below fair value)
No single metric tells the full story. See the MIC:PLZL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polyus PJSC and its subsidiaries are engaged in the extraction, refining, and sale of gold. The mining and processing facilities of the company are in the Krasnoyarsk, Irkutsk, Magadan regions, and the Sakha Republic of the Russian Federation. The operating business segments are the Olimpiada business unit, the Blagodatnoye business unit, the Natalka business unit, the Verninskoye business unit, the Kuranakh business unit, the Exploration business unit, the Sukhoi Log business unit, and others.
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