Majestic GoldMJGCF 56 Return-on-Tangible-Equity is 8.01% as of Mar. 2026, which is 19% above its 10-year median of 6.74. GuruFocus rates MJGCF with a GF Score™ of 56/100 and a GF Value™ of $0.08 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,378 Metals & Mining companies, Majestic Gold ranks better than 77.46% 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. Majestic Gold's annualized net income for the quarter that ended in Mar. 2026 was $11.82 Mil. Majestic Gold's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $147.53 Mil. Therefore, Majestic Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.01%.
The historical rank and industry rank for Majestic Gold's Return-on-Tangible-Equity or its related term are showing as below:
MJGCF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.68 Med: 6.74 Max: 15.58
Current: 5.3
During the past 13 years, Majestic Gold's highest Return-on-Tangible-Equity was 15.58%. The lowest was -10.68%. And the median was 6.74%.
MJGCF's Return-on-Tangible-Equity is ranked better than 77.46% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs MJGCF: 5.30
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.
Majestic Gold Return-on-Tangible-Equity Related Terms
Majestic Gold Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Majestic Gold'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.
MJGCF vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Majestic Gold'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.
Majestic Gold Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Majestic Gold'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 8.01% mean?
Majestic Gold (MJGCF) has a Return-on-Tangible-Equity of 8.01% 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 Majestic Gold and its competitors. This is 19% above median its historical median of 6.74. According to the industry distribution chart, Majestic Gold ranks #536 out of 2378 companies in the Metals & Mining industry, placing it in the top 22.5%.
Is Majestic Gold's Return-on-Tangible-Equity too high?
Majestic Gold's current Return-on-Tangible-Equity of 8.01% is 19% above median its 10-year median of 6.74. Based on the distribution chart, Majestic Gold ranks #536 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Majestic Gold has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Majestic Gold's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Majestic Gold ranks #536 out of 2378 companies for Return-on-Tangible-Equity. This places Majestic Gold in the top 23% 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 Majestic Gold and its competitors. Majestic Gold's current Return-on-Tangible-Equity is 8.01%, which is 19% above median its own 10-year median of 6.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (MJGCF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.08, compared to a current price of $0.07 — trading 16.6% below its estimated fair value. The current Return-on-Tangible-Equity is 8.01%, which is 19% above median its 10-year median of 6.74. Majestic Gold's overall GF Score™ is 56/100 with 6 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 Majestic Gold (MJGCF), the current Return-on-Tangible-Equity is 8.01% 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 Majestic Gold (MJGCF) Overvalued in 2026?
Based on GuruFocus' analysis, Majestic Gold stock appears to be undervalued.
The current stock price of $0.07 is trading 16.6% below its estimated GF Value™ of $0.08.
GuruFocus considers Majestic Gold to be Possible Value Trap.
Key valuation signals for MJGCF:
Return-on-Tangible-Equity: 8.01% (19% above median its 10-year median of 6.74)
GF Value™: $0.08 vs. price of $0.07 (16.6% below fair value)
No single metric tells the full story. See the MJGCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.
56GF Score
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