Cerrado GoldTSXV:CERT +0.58%36 Return-on-Tangible-Equity is 91.96% as of Mar. 2026. GuruFocus rates TSXV:CERT with a GF Score™ of 36/100 and a GF Value™ of C$0.80 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,374 Metals & Mining companies, Cerrado Gold ranks better than 62.68% 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. Cerrado Gold's annualized net income for the quarter that ended in Mar. 2026 was C$70.7 Mil. Cerrado Gold's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$76.9 Mil. Therefore, Cerrado Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 91.96%.
The historical rank and industry rank for Cerrado Gold's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:CERT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -42.81 Med: -39.78 Max: 67.88
Current: -6.34
During the past 5 years, Cerrado Gold's highest Return-on-Tangible-Equity was 67.88%. The lowest was -42.81%. And the median was -39.78%.
TSXV:CERT's Return-on-Tangible-Equity is ranked better than 62.68% of 2374
companies
in the Metals & Mining industry
Industry Median: -16.495
vs TSXV:CERT: -6.34
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.
Cerrado Gold Return-on-Tangible-Equity Related Terms
Cerrado Gold Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cerrado Gold'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.
TSXV:CERT vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Cerrado Gold'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.
Cerrado Gold Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Cerrado Gold's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cerrado Gold'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 91.96% mean?
Cerrado Gold (TSXV:CERT) has a Return-on-Tangible-Equity of 91.96% 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 Cerrado Gold and its competitors. According to the industry distribution chart, Cerrado Gold ranks #886 out of 2374 companies in the Metals & Mining industry, placing it in the top 37.3%.
Is Cerrado Gold's Return-on-Tangible-Equity too high?
Cerrado Gold's current Return-on-Tangible-Equity is 91.96%. Based on the distribution chart, Cerrado Gold ranks #886 out of 2374 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Cerrado Gold has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cerrado Gold's Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Cerrado Gold ranks #886 out of 2374 companies for Return-on-Tangible-Equity. This puts Cerrado Gold in the upper half of its industry. 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 Cerrado Gold and its competitors. Cerrado Gold's current Return-on-Tangible-Equity is 91.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerrado Gold stock overvalued right now?
Based on GuruFocus' analysis, Cerrado Gold (TSXV:CERT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.80, compared to a current price of C$1.73 — trading 116.3% above its estimated fair value. The current Return-on-Tangible-Equity is 91.96%. Cerrado Gold's overall GF Score™ is 36/100 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 Cerrado Gold (TSXV:CERT), the current Return-on-Tangible-Equity is 91.96% 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 Cerrado Gold (TSXV:CERT) Overvalued in 2026?
Based on GuruFocus' analysis, Cerrado Gold stock appears to be overvalued.
The current stock price of C$1.73 is trading 116.3% above its estimated GF Value™ of C$0.80.
GuruFocus considers Cerrado Gold to be Significantly Overvalued.
Key valuation signals for TSXV:CERT:
Return-on-Tangible-Equity: 91.96%
GF Value™: C$0.80 vs. price of C$1.73 (116.3% above fair value)
No single metric tells the full story. See the TSXV:CERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cerrado Gold Inc is a mining, minerals production, and exploration company focused on precious metals in Brazil and Argentina. The Company is mainly focused on its producing Don Nicolas gold and silver mine in Argentina, with an emphasis on increasing gold equivalent production and optimizing mine operations. It is also engaged in evaluating exploration and mineral resource opportunities. Its projects include the Mont Sorcier Iron project, the Monte do Carmo (MDC) Gold Project in Brazil, and a vanadium project in Roy Township, Quebec, east of the Town of Chibougamau, among others.
36GF Score
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