Northam Platinum HoldingsNPTLF 75 Return-on-Tangible-Equity is 45.38% as of Dec. 2025, which is 193% above its 10-year median of 15.47. GuruFocus rates NPTLF with a GF Score™ of 75/100 and a GF Value™ of $13.09 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,382 Metals & Mining companies, Northam Platinum Holdings ranks better than 90.76% 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. Northam Platinum Holdings's annualized net income for the quarter that ended in Dec. 2025 was $938 Mil. Northam Platinum Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $2,068 Mil. Therefore, Northam Platinum Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 45.38%.
The historical rank and industry rank for Northam Platinum Holdings's Return-on-Tangible-Equity or its related term are showing as below:
NPTLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.75 Med: 15.47 Max: 65.46
Current: 26.94
During the past 8 years, Northam Platinum Holdings's highest Return-on-Tangible-Equity was 65.46%. The lowest was 4.75%. And the median was 15.47%.
NPTLF's Return-on-Tangible-Equity is ranked better than 90.76% of 2382
companies
in the Metals & Mining industry
Industry Median: -16.21
vs NPTLF: 26.94
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.
Northam Platinum Holdings Return-on-Tangible-Equity Related Terms
Northam Platinum Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Northam Platinum Holdings'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.
NPTLF vs HL, SIND: Return-on-Tangible-Equity Comparison
For the Other Precious Metals & Mining subindustry, Northam Platinum Holdings'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.
Northam Platinum Holdings Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Northam Platinum Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Northam Platinum Holdings'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 45.38% mean?
Northam Platinum Holdings (NPTLF) has a Return-on-Tangible-Equity of 45.38% 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 Northam Platinum Holdings and its competitors. This is 193% above median its historical median of 15.47. Over the past decade, Northam Platinum Holdings' Return-on-Tangible-Equity has ranged from 4.75 to 65.46. According to the industry distribution chart, Northam Platinum Holdings ranks #220 out of 2382 companies in the Metals & Mining industry, placing it in the top 9.2%.
Is Northam Platinum Holdings' Return-on-Tangible-Equity too high?
Northam Platinum Holdings' current Return-on-Tangible-Equity of 45.38% is 193% above median its 10-year median of 15.47. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 65.46. Based on the distribution chart, Northam Platinum Holdings ranks #220 out of 2382 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Northam Platinum Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northam Platinum Holdings' Return-on-Tangible-Equity compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Northam Platinum Holdings ranks #220 out of 2382 companies for Return-on-Tangible-Equity. This places Northam Platinum Holdings in the top 9% of its industry — outperforming the majority of peers. Historically, Northam Platinum Holdings' own Return-on-Tangible-Equity has ranged from 4.75 to 65.46 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 Northam Platinum Holdings and its competitors. Northam Platinum Holdings's current Return-on-Tangible-Equity is 45.38%, which is 193% above median its own 10-year median of 15.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northam Platinum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Northam Platinum Holdings (NPTLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.09, compared to a current price of $24.00 — trading 83.3% above its estimated fair value. The current Return-on-Tangible-Equity is 45.38%, which is 193% above median its 10-year median of 15.47. Northam Platinum Holdings' overall GF Score™ is 75/100 with 5 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 Northam Platinum Holdings (NPTLF), the current Return-on-Tangible-Equity is 45.38% 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 Northam Platinum Holdings (NPTLF) Overvalued in 2026?
Based on GuruFocus' analysis, Northam Platinum Holdings stock appears to be overvalued.
The current stock price of $24.00 is trading 83.3% above its estimated GF Value™ of $13.09.
GuruFocus considers Northam Platinum Holdings to be Significantly Overvalued.
Key valuation signals for NPTLF:
Return-on-Tangible-Equity: 45.38% (193% above median its 10-year median of 15.47)
GF Value™: $13.09 vs. price of $24.00 (83.3% above fair value)
No single metric tells the full story. See the NPTLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northam Platinum Holdings Ltd is an integrated producer of platinum group metals. Its primary joint products are the platinum, palladium, rhodium and gold (4E). The primary consumers of these metals are the motor manufacturing industry, the jewelry industry, and other industrial sectors. Its segments include Northam Holdings, Zondereinde mine (being Northam Platinum), Booysendal mine, Eland mine and the U.S recycling operations. The maximum revenue for the company is generated from its Zondereinde mine segment.
75GF Score
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