Altius MineralsTSX:ALS +0.41%70 Return-on-Tangible-Equity is 1.58% as of Mar. 2026, which is 83% below its 10-year median of 9.22. GuruFocus rates TSX:ALS with a GF Score™ of 70/100 and a GF Value™ of C$31.00 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,378 Metals & Mining companies, Altius Minerals ranks better than 96.09% 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. Altius Minerals's annualized net income for the quarter that ended in Mar. 2026 was C$9.78 Mil. Altius Minerals's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$619.26 Mil. Therefore, Altius Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.58%.
The historical rank and industry rank for Altius Minerals's Return-on-Tangible-Equity or its related term are showing as below:
TSX:ALS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -32.8 Med: 9.22 Max: 56.55
Current: 55.89
During the past 13 years, Altius Minerals's highest Return-on-Tangible-Equity was 56.55%. The lowest was -32.80%. And the median was 9.22%.
TSX:ALS's Return-on-Tangible-Equity is ranked better than 96.09% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs TSX:ALS: 55.89
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.
Altius Minerals Return-on-Tangible-Equity Related Terms
Altius Minerals Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Altius Minerals'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, Altius Minerals'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.
Altius Minerals Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Altius Minerals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Altius Minerals'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 1.58% mean?
Altius Minerals (TSX:ALS) has a Return-on-Tangible-Equity of 1.58% 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 Altius Minerals and its competitors. This is 83% below median its historical median of 9.22. According to the industry distribution chart, Altius Minerals ranks #93 out of 2378 companies in the Metals & Mining industry, placing it in the top 3.9%.
Is Altius Minerals' Return-on-Tangible-Equity too high?
Altius Minerals' current Return-on-Tangible-Equity of 1.58% is 83% below median its 10-year median of 9.22. Based on the distribution chart, Altius Minerals ranks #93 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Altius Minerals has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altius Minerals' Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Altius Minerals ranks #93 out of 2378 companies for Return-on-Tangible-Equity. This places Altius Minerals in the top 4% 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 Altius Minerals and its competitors. Altius Minerals's current Return-on-Tangible-Equity is 1.58%, which is 83% below median its own 10-year median of 9.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altius Minerals stock overvalued right now?
Based on GuruFocus' analysis, Altius Minerals (TSX:ALS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.00, compared to a current price of C$63.52 — trading 104.9% above its estimated fair value. The current Return-on-Tangible-Equity is 1.58%, which is 83% below median its 10-year median of 9.22. Altius Minerals' overall GF Score™ is 70/100 with 8 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 Altius Minerals (TSX:ALS), the current Return-on-Tangible-Equity is 1.58% 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 Altius Minerals (TSX:ALS) Overvalued in 2026?
Based on GuruFocus' analysis, Altius Minerals stock appears to be overvalued.
The current stock price of C$63.52 is trading 104.9% above its estimated GF Value™ of C$31.00.
GuruFocus considers Altius Minerals to be Significantly Overvalued.
Key valuation signals for TSX:ALS:
Return-on-Tangible-Equity: 1.58% (83% below median its 10-year median of 9.22)
GF Value™: C$31.00 vs. price of C$63.52 (104.9% above fair value)
No single metric tells the full story. See the TSX:ALS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, nickel, cobalt, lithium, potash, and iron ore. The corporation also holds other pre-development stage royalty interests and various earlier-stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties, and Project Generation. It generates the majority of its revenue from Mineral Royalties.
70GF Score
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