Namibia Critical MetalsNMREF +7.39%28 Return-on-Tangible-Equity is -2.62% as of Feb. 2026. GuruFocus rates NMREF with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 2,378 Metals & Mining companies, Namibia Critical Metals ranks better than 67.58% 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. Namibia Critical Metals's annualized net income for the quarter that ended in Feb. 2026 was $-0.48 Mil. Namibia Critical Metals's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $18.15 Mil. Therefore, Namibia Critical Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -2.62%.
The historical rank and industry rank for Namibia Critical Metals's Return-on-Tangible-Equity or its related term are showing as below:
NMREF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -19.34 Med: -4.04 Max: 0.39
Current: -3.55
During the past 13 years, Namibia Critical Metals's highest Return-on-Tangible-Equity was 0.39%. The lowest was -19.34%. And the median was -4.04%.
NMREF's Return-on-Tangible-Equity is ranked better than 67.58% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs NMREF: -3.55
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.
Namibia Critical Metals Return-on-Tangible-Equity Related Terms
Namibia Critical Metals Return-on-Tangible-Equity Historical Data
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The historical data trend for Namibia Critical Metals'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.
For the Other Industrial Metals & Mining subindustry, Namibia Critical Metals'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.
Namibia Critical Metals Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Namibia Critical Metals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Namibia Critical Metals'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -2.62% mean?
Namibia Critical Metals (NMREF) has a Return-on-Tangible-Equity of -2.62% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Namibia Critical Metals and its competitors. According to the industry distribution chart, Namibia Critical Metals ranks #771 out of 2378 companies in the Metals & Mining industry, placing it in the top 32.4%.
Is Namibia Critical Metals' Return-on-Tangible-Equity too high?
Namibia Critical Metals' current Return-on-Tangible-Equity is -2.62%. Based on the distribution chart, Namibia Critical Metals ranks #771 out of 2378 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Namibia Critical Metals has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Namibia Critical Metals' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Namibia Critical Metals ranks #771 out of 2378 companies for Return-on-Tangible-Equity. This puts Namibia Critical Metals 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 Namibia Critical Metals and its competitors. Namibia Critical Metals's current Return-on-Tangible-Equity is -2.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namibia Critical Metals stock overvalued right now?
Namibia Critical Metals (NMREF) has a current Return-on-Tangible-Equity of -2.62%. The current Return-on-Tangible-Equity is -2.62%. Namibia Critical Metals' overall GF Score™ is 28/100 with 1 warning sign 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 Namibia Critical Metals (NMREF), the current Return-on-Tangible-Equity is -2.62% as of Feb. 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.
Namibia Critical Metals Inc is engaged in the exploration of critical metals properties in Namibia All the exploration assets of the company are located in Namibia. Its project portfolio of the company include Lofdal, a globally important deposit of the heavy rare earth metals dysprosium and terbium. It has one reportable operating segment, being that of acquisition, exploration, and evaluation activities, and all exploration and evaluation assets are located in Namibia.
28GF Score
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