Newport ExplorationNWXPF 39 Return-on-Tangible-Equity is 4.95% as of Apr. 2026, which is 91% below its 10-year median of 57.59. GuruFocus rates NWXPF with a GF Score™ of 39/100. Among 2,376 Metals & Mining companies, Newport Exploration ranks better than 78.79% 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. Newport Exploration's annualized net income for the quarter that ended in Apr. 2026 was $0.12 Mil. Newport Exploration's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $2.50 Mil. Therefore, Newport Exploration's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 4.95%.
The historical rank and industry rank for Newport Exploration's Return-on-Tangible-Equity or its related term are showing as below:
NWXPF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.89 Med: 57.59 Max: 80.73
Current: 6.89
During the past 13 years, Newport Exploration's highest Return-on-Tangible-Equity was 80.73%. The lowest was 6.89%. And the median was 57.59%.
NWXPF's Return-on-Tangible-Equity is ranked better than 78.79% of 2376
companies
in the Metals & Mining industry
Industry Median: -16.445
vs NWXPF: 6.89
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.
Newport Exploration Return-on-Tangible-Equity Related Terms
Newport Exploration Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Newport Exploration'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, Newport Exploration'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.
Newport Exploration Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newport Exploration's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Newport Exploration'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 4.95% mean?
Newport Exploration (NWXPF) has a Return-on-Tangible-Equity of 4.95% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Newport Exploration and its competitors. This is 91% below median its historical median of 57.59. Over the past decade, Newport Exploration's Return-on-Tangible-Equity has ranged from 6.89 to 80.73. According to the industry distribution chart, Newport Exploration ranks #504 out of 2376 companies in the Metals & Mining industry, placing it in the top 21.2%.
Is Newport Exploration's Return-on-Tangible-Equity too high?
Newport Exploration's current Return-on-Tangible-Equity of 4.95% is 91% below median its 10-year median of 57.59. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 80.73. Based on the distribution chart, Newport Exploration ranks #504 out of 2376 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Newport Exploration has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Newport Exploration's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Newport Exploration ranks #504 out of 2376 companies for Return-on-Tangible-Equity. This places Newport Exploration in the top 21% of its industry — outperforming the majority of peers. Historically, Newport Exploration's own Return-on-Tangible-Equity has ranged from 6.89 to 80.73 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 Newport Exploration and its competitors. Newport Exploration's current Return-on-Tangible-Equity is 4.95%, which is 91% below median its own 10-year median of 57.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newport Exploration stock overvalued right now?
Newport Exploration (NWXPF) has a current Return-on-Tangible-Equity of 4.95%. The current Return-on-Tangible-Equity is 4.95%, which is 91% below median its 10-year median of 57.59. Newport Exploration's overall GF Score™ is 39/100. 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 Newport Exploration (NWXPF), the current Return-on-Tangible-Equity is 4.95% as of Apr. 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.
Newport Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of resource properties. The company holds an interest in the Cooper Basin in Australia, an onshore oil and gas development area operated by Beach Energy, and derives royalty income from this interest. It also holds an interest in Chu Chua, a sulphide deposit located north of Kamloops, British Columbia. The company operates in a single segment with its exploration asset in Canada, and its royalty income being derived from Australia.
39GF Score
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