Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
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. Magnum Goldcorp's annualized net income for the quarter that ended in Nov. 2025 was C$-0.12 Mil. Magnum Goldcorp's average shareholder tangible equity for the quarter that ended in Nov. 2025 was C$-0.08 Mil. Therefore, Magnum Goldcorp's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was N/A%.
The historical rank and industry rank for Magnum Goldcorp's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:MGI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -286.51 Med: -9.96 Max: -2.2
Current: -286.51
During the past 13 years, Magnum Goldcorp's highest Return-on-Tangible-Equity was -2.20%. The lowest was -286.51%. And the median was -9.96%.
TSXV:MGI's Return-on-Tangible-Equity is not ranked
in the Metals & Mining industry.
Industry Median: -16.48
vs TSXV:MGI: -286.51
Magnum Goldcorp (TSXV:MGI) 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.
Magnum Goldcorp Return-on-Tangible-Equity Related Terms
Magnum Goldcorp Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Magnum Goldcorp'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:MGI vs GTIJF, NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Magnum Goldcorp'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.
Magnum Goldcorp Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magnum Goldcorp's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Magnum Goldcorp'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 (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Magnum Goldcorp (TSXV:MGI) has a Return-on-Tangible-Equity of 0.00% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Magnum Goldcorp and its competitors.
Is Magnum Goldcorp's Return-on-Tangible-Equity too high?
Magnum Goldcorp's current Return-on-Tangible-Equity is 0.00%. Overall, Magnum Goldcorp has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Magnum Goldcorp's Return-on-Tangible-Equity compare to GTIJF and NEM?
Magnum Goldcorp's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Metals & Mining 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 Magnum Goldcorp and its competitors. Magnum Goldcorp's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnum Goldcorp stock overvalued right now?
Magnum Goldcorp (TSXV:MGI) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Magnum Goldcorp's overall GF Score™ is 31/100 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 Magnum Goldcorp (TSXV:MGI), the current Return-on-Tangible-Equity is 0.00% as of Nov. 2025. 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.
Magnum Goldcorp Inc is mainly engaged in the acquisition and exploration of mineral resource properties. The company holds an interest in the LH Gold property located in the east of Slocan Mining Division of Southeastern British Columbia.
31GF Score
Get the complete analysis for TSXV:MGI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:MGI has been successfully added to your 
