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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Metalore ResourcesTSXV:MET 65 Return-on-Tangible-Equity is -23.35% as of Mar. 2026. GuruFocus rates TSXV:MET with a GF Score™ of 65/100 and a GF Value™ of C$3.81 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 943 Oil & Gas companies, Metalore Resources ranks worse than 74.34% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Metalore Resources's annualized net income for the quarter that ended in Mar. 2026 was C$-1.68 Mil. Metalore Resources's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$7.20 Mil. Therefore, Metalore Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -23.35%.
The historical rank and industry rank for Metalore Resources's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:MET'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.42 Med: -0.96 Max: 21.5
Current: -5.69
During the past 13 years, Metalore Resources's highest Return-on-Tangible-Equity was 21.50%. The lowest was -27.42%. And the median was -0.96%.
TSXV:MET's Return-on-Tangible-Equity is ranked worse than 74.34% of 943
companies
in the Oil & Gas industry
Industry Median: 6.78
vs TSXV:MET: -5.69
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.
Metalore Resources Return-on-Tangible-Equity Related Terms
Metalore Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Metalore Resources'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:MET vs ALTX, CRCE, CNNEQ: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Metalore Resources'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.
Metalore Resources Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Metalore Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Metalore Resources'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 -23.35% mean?
Metalore Resources (TSXV:MET) has a Return-on-Tangible-Equity of -23.35% 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 Metalore Resources and its competitors. According to the industry distribution chart, Metalore Resources ranks #701 out of 943 companies in the Oil & Gas industry, placing it in the top 74.3%.
Is Metalore Resources' Return-on-Tangible-Equity too high?
Metalore Resources' current Return-on-Tangible-Equity is -23.35%. Based on the distribution chart, Metalore Resources ranks #701 out of 943 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Metalore Resources has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalore Resources' Return-on-Tangible-Equity compare to ALTX and CRCE?
According to the Oil & Gas industry distribution chart, Metalore Resources ranks #701 out of 943 companies for Return-on-Tangible-Equity. This places Metalore Resources in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.78, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. 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 Metalore Resources and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalore Resources's current Return-on-Tangible-Equity is -23.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalore Resources stock overvalued right now?
Based on GuruFocus' analysis, Metalore Resources (TSXV:MET) is currently considered Significantly Undervalued. The stock's GF Value™ is C$3.81, compared to a current price of C$2.45 — trading 35.7% below its estimated fair value. The current Return-on-Tangible-Equity is -23.35%. Metalore Resources' overall GF Score™ is 65/100 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 Metalore Resources (TSXV:MET), the current Return-on-Tangible-Equity is -23.35% 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 Metalore Resources (TSXV:MET) Overvalued in 2026?
Based on GuruFocus' analysis, Metalore Resources stock appears to be undervalued.
The current stock price of C$2.45 is trading 35.7% below its estimated GF Value™ of C$3.81.
GuruFocus considers Metalore Resources to be Significantly Undervalued.
Key valuation signals for TSXV:MET:
Return-on-Tangible-Equity: -23.35%
GF Value™: C$3.81 vs. price of C$2.45 (35.7% below fair value)
No single metric tells the full story. See the TSXV:MET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of its revenue from the sale of natural gas.
65GF Score
Get the complete analysis for TSXV:MET
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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