OR (OR Royalties) Return-on-Tangible-Equity: 21.45% (As of Mar. 2026)


OR OR Royalties Inc OR
89 GF Score
Price $32.25
GF Value $36.75
Valuation Modestly Undervalued
! 2 Warning Signs
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What is OR Royalties Return-on-Tangible-Equity?

OR Royalties OR +2.51% 89 Return-on-Tangible-Equity is 21.45% as of Mar. 2026. GuruFocus rates OR with a GF Score™ of 89/100 and a GF Value™ of $36.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,378 Metals & Mining companies, OR Royalties ranks better than 87.97% 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. OR Royalties's annualized net income for the quarter that ended in Mar. 2026 was $294.3 Mil. OR Royalties's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,372.1 Mil. Therefore, OR Royalties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 21.45%.

The historical rank and industry rank for OR Royalties's Return-on-Tangible-Equity or its related term are showing as below:

OR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.58   Med: -2.33   Max: 19.7
Current: 19.7

During the past 13 years, OR Royalties's highest Return-on-Tangible-Equity was 19.70%. The lowest was -15.58%. And the median was -2.33%.

OR's Return-on-Tangible-Equity is ranked better than
87.97% of 2378 companies
in the Metals & Mining industry
Industry Median: -16.21 vs OR: 19.70

OR Royalties  (NYSE:OR) 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.


OR Royalties Return-on-Tangible-Equity Related Terms


OR Royalties Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for OR Royalties'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.

OR Royalties Return-on-Tangible-Equity Chart

OR Royalties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.50 -7.31 -3.17 1.43 16.74

OR Royalties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.12 11.04 26.25 19.57 21.45

OR vs NEM, AU: Return-on-Tangible-Equity Comparison

For the Gold subindustry, OR Royalties'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.


OR Royalties Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, OR Royalties's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where OR Royalties's Return-on-Tangible-Equity falls into.


OR
89GF Score
OR Royalties Inc OR
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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OR Royalties Return-on-Tangible-Equity Calculation

OR Royalties's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=206.088/( (1111.669+1350.907 )/ 2 )
=206.088/1231.288
=16.74 %

OR Royalties's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=294.328/( (1350.907+1393.388)/ 2 )
=294.328/1372.1475
=21.45 %

* 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 21.45% mean?
OR Royalties (OR) has a Return-on-Tangible-Equity of 21.45% 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 OR Royalties and its competitors. According to the industry distribution chart, OR Royalties ranks #286 out of 2378 companies in the Metals & Mining industry, placing it in the top 12%.
Is OR Royalties' Return-on-Tangible-Equity too high?
OR Royalties' current Return-on-Tangible-Equity is 21.45%. Based on the distribution chart, OR Royalties ranks #286 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, OR Royalties has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OR Royalties' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, OR Royalties ranks #286 out of 2378 companies for Return-on-Tangible-Equity. This places OR Royalties in the top 12% 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 OR Royalties and its competitors. OR Royalties's current Return-on-Tangible-Equity is 21.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OR Royalties stock overvalued right now?
Based on GuruFocus' analysis, OR Royalties (OR) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.75, compared to a current price of $32.25 — trading 12.2% below its estimated fair value. The current Return-on-Tangible-Equity is 21.45%. OR Royalties' overall GF Score™ is 89/100 with 2 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 OR Royalties (OR), the current Return-on-Tangible-Equity is 21.45% 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 OR Royalties (OR) Overvalued in 2026?

Based on GuruFocus' analysis, OR Royalties stock appears to be undervalued. The current stock price of $32.25 is trading 12.2% below its estimated GF Value™ of $36.75. GuruFocus considers OR Royalties to be Modestly Undervalued.

Key valuation signals for OR:

  • Return-on-Tangible-Equity: 21.45%
  • GF Value™: $36.75 vs. price of $32.25 (12.2% below fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the OR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OR Royalties Business Description

Address 1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2
OR Royalties Inc is engaged in the business of acquiring and managing precious metal and other high-quality royalties, streams and similar interests. The Company owns a portfolio of royalties, streams, offtakes, options on royalty/stream financings and exclusive rights to participate in future royalty/stream financings on various projects. Geographically, it generates majority of its income from North America and also generates some portions of income from South America, Australia, Africa and Europe.
89GF Score

Get the complete analysis for OR

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.25
Price
$36.75
GF Value