South Pacific Metals (TSXV:SPMC) Return-on-Tangible-Equity: -11.99% (As of Dec. 2025)


TSXV:SPMC South Pacific Metals Corp TSXV:SPMC
28 GF Score
Price C$0.84
View Full Analysis

What is South Pacific Metals Return-on-Tangible-Equity?

South Pacific Metals TSXV:SPMC +13.51% 28 Return-on-Tangible-Equity is -11.99% as of Dec. 2025. GuruFocus rates TSXV:SPMC with a GF Score™ of 28/100. Among 2,376 Metals & Mining companies, South Pacific Metals ranks better than 56.48% 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. South Pacific Metals's annualized net income for the quarter that ended in Dec. 2025 was C$-3.80 Mil. South Pacific Metals's average shareholder tangible equity for the quarter that ended in Dec. 2025 was C$31.66 Mil. Therefore, South Pacific Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -11.99%.

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

TSXV:SPMC' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.7   Med: -21.13   Max: -9.01
Current: -10.43

During the past 3 years, South Pacific Metals's highest Return-on-Tangible-Equity was -9.01%. The lowest was -31.70%. And the median was -21.13%.

TSXV:SPMC's Return-on-Tangible-Equity is ranked better than
56.48% of 2376 companies
in the Metals & Mining industry
Industry Median: -16.445 vs TSXV:SPMC: -10.43

South Pacific Metals  (TSXV:SPMC) 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.


South Pacific Metals Return-on-Tangible-Equity Related Terms


South Pacific Metals Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for South Pacific Metals'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.

South Pacific Metals Return-on-Tangible-Equity Chart

South Pacific Metals Annual Data
Trend Nov20 Dec22 Dec23
Return-on-Tangible-Equity
-9.01 -31.70 -21.13

South Pacific Metals Quarterly Data
Feb20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
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 -6.65 -11.12 -11.93 -19.15 -11.99

TSXV:SPMC vs NEM, AU: Return-on-Tangible-Equity Comparison

For the Gold subindustry, South Pacific Metals'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.


South Pacific Metals Return-on-Tangible-Equity vs Metals & Mining Industry

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

* The bar in red indicates where South Pacific Metals's Return-on-Tangible-Equity falls into.


TSXV:SPMC
28GF Score
South Pacific Metals Corp TSXV:SPMC
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

South Pacific Metals Return-on-Tangible-Equity Calculation

South Pacific Metals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-2.156/( (9.375+11.029 )/ 2 )
=-2.156/10.202
=-21.13 %

South Pacific Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Sep. 2025 )(Q: Dec. 2025 )
=-3.796/( (26.232+37.091)/ 2 )
=-3.796/31.6615
=-11.99 %

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

What does a Return-on-Tangible-Equity of -11.99% mean?
South Pacific Metals (TSXV:SPMC) has a Return-on-Tangible-Equity of -11.99% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on South Pacific Metals and its competitors. According to the industry distribution chart, South Pacific Metals ranks #1034 out of 2376 companies in the Metals & Mining industry, placing it in the top 43.5%.
Is South Pacific Metals' Return-on-Tangible-Equity too high?
South Pacific Metals' current Return-on-Tangible-Equity is -11.99%. Based on the distribution chart, South Pacific Metals ranks #1034 out of 2376 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, South Pacific Metals has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does South Pacific Metals' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, South Pacific Metals ranks #1034 out of 2376 companies for Return-on-Tangible-Equity. This puts South Pacific Metals 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 South Pacific Metals and its competitors. South Pacific Metals's current Return-on-Tangible-Equity is -11.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Pacific Metals stock overvalued right now?
South Pacific Metals (TSXV:SPMC) has a current Return-on-Tangible-Equity of -11.99%. The current Return-on-Tangible-Equity is -11.99%. South Pacific Metals' overall GF Score™ is 28/100. 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 South Pacific Metals (TSXV:SPMC), the current Return-on-Tangible-Equity is -11.99% as of Dec. 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.

South Pacific Metals Business Description

Other Exchanges SPMEF:USA
Address 1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6C 0A3
South Pacific Metals Corp is an emerging gold-copper exploration company operating in the heart of Papua New Guinea's gold and copper production corridors. With an expansive 3,000 sqkm land package and four transformative gold-copper projects contiguous with producers K92 Mining, PanAust and neighbouring Barrick Gold, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio projects: Anga, Osena, Kili Teke and May River.
28GF Score

Get the complete analysis for TSXV:SPMC

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.84
Price