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North Shore UraniumNSURF -12.56%15 Return-on-Tangible-Equity is -44.56% as of Mar. 2026. GuruFocus rates NSURF with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 180 Other Energy Sources companies, North Shore Uranium ranks worse than 85% 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. North Shore Uranium's annualized net income for the quarter that ended in Mar. 2026 was $-2.06 Mil. North Shore Uranium's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $4.62 Mil. Therefore, North Shore Uranium's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -44.56%.
The historical rank and industry rank for North Shore Uranium's Return-on-Tangible-Equity or its related term are showing as below:
NSURF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -459.26 Med: -209.94 Max: -46.64
Current: -58.53
During the past 5 years, North Shore Uranium's highest Return-on-Tangible-Equity was -46.64%. The lowest was -459.26%. And the median was -209.94%.
NSURF's Return-on-Tangible-Equity is ranked worse than 85% of 180
companies
in the Other Energy Sources industry
Industry Median: 1.085
vs NSURF: -58.53
North Shore Uranium (OTCPK:NSURF) 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.
North Shore Uranium Return-on-Tangible-Equity Related Terms
North Shore Uranium Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for North Shore Uranium'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.
North Shore Uranium Return-on-Tangible-Equity Chart
For the Uranium subindustry, North Shore Uranium'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.
North Shore Uranium Return-on-Tangible-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, North Shore Uranium's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where North Shore Uranium'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 -44.56% mean?
North Shore Uranium (NSURF) has a Return-on-Tangible-Equity of -44.56% 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 North Shore Uranium and its competitors. According to the industry distribution chart, North Shore Uranium ranks #153 out of 180 companies in the Other Energy Sources industry, placing it in the top 85%.
Is North Shore Uranium's Return-on-Tangible-Equity too high?
North Shore Uranium's current Return-on-Tangible-Equity is -44.56%. Based on the distribution chart, North Shore Uranium ranks #153 out of 180 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, North Shore Uranium has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does North Shore Uranium's Return-on-Tangible-Equity compare to ?
According to the Other Energy Sources industry distribution chart, North Shore Uranium ranks #153 out of 180 companies for Return-on-Tangible-Equity. This places North Shore Uranium in the lower half of its industry. The industry median Return-on-Tangible-Equity is 1.09. 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 an Other Energy Sources company?
The median Return-on-Tangible-Equity among Other Energy Sources companies is 1.09, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. 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 North Shore Uranium and its competitors. For the Other Energy Sources industry, the median Return-on-Tangible-Equity is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Shore Uranium's current Return-on-Tangible-Equity is -44.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Shore Uranium stock overvalued right now?
North Shore Uranium (NSURF) has a current Return-on-Tangible-Equity of -44.56%. The current Return-on-Tangible-Equity is -44.56%. North Shore Uranium's overall GF Score™ is 15/100 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 North Shore Uranium (NSURF), the current Return-on-Tangible-Equity is -44.56% 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.
North Shore Uranium Ltd is a mineral exploration company, and is engaged in the exploration and, if warranted, development of uranium properties. The company's objective is to conduct exploration programs on its three properties, the Falcon Property and the West Bear Property, the Rio Puerco uranium property, New Mexico, USA, and evaluate opportunities to increase its portfolio of properties in the region. The Company operates in a single segment, being mineral exploration and evaluation.
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