GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orecap Invest Corp (OTCPK:ORFDF) » Definitions » Return-on-Tangible-Equity

ORFDF (Orecap Invest) Return-on-Tangible-Equity : 54.41% (As of Jan. 2025)


View and export this data going back to 2015. Start your Free Trial

What is Orecap Invest Return-on-Tangible-Equity?

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. Orecap Invest's annualized net income for the quarter that ended in Jan. 2025 was $5.79 Mil. Orecap Invest's average shareholder tangible equity for the quarter that ended in Jan. 2025 was $10.64 Mil. Therefore, Orecap Invest's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 was 54.41%.

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

ORFDF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -585.75   Med: -13.83   Max: 109.81
Current: 47.41

During the past 13 years, Orecap Invest's highest Return-on-Tangible-Equity was 109.81%. The lowest was -585.75%. And the median was -13.83%.

ORFDF's Return-on-Tangible-Equity is ranked better than
97.18% of 2376 companies
in the Metals & Mining industry
Industry Median: -17.44 vs ORFDF: 47.41

Orecap Invest Return-on-Tangible-Equity Historical Data

The historical data trend for Orecap Invest'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.

* Premium members only.

Orecap Invest Return-on-Tangible-Equity Chart

Orecap Invest Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.17 6.75 -20.54 -80.04 109.73

Orecap Invest Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 336.04 234.16 3.75 -73.79 54.41

Competitive Comparison of Orecap Invest's Return-on-Tangible-Equity

For the Gold subindustry, Orecap Invest'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.


Orecap Invest's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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


;
;

Orecap Invest Return-on-Tangible-Equity Calculation

Orecap Invest's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=7.015/( (2.623+10.163 )/ 2 )
=7.015/6.393
=109.73 %

Orecap Invest's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=5.788/( (10.163+11.113)/ 2 )
=5.788/10.638
=54.41 %

* 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 (Jan. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Orecap Invest  (OTCPK:ORFDF) 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.


Orecap Invest Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Orecap Invest's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Orecap Invest Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Orecap Invest Corp is a Canadian-based junior gold exploration company. It is engaged in the exploration and development of exploration and evaluation assets in Canada. The company operates in several projects including Mirado, McGarry, Gold Hill Property, NAK Property, Grizzly Gold Property, MZ Claims Property, Picke Lake Project, and Knight among others.

Orecap Invest Headlines

From GuruFocus