Develop GlobalVTEXF 51 Return-on-Tangible-Equity is 0.52% as of Dec. 2025. GuruFocus rates VTEXF with a GF Score™ of 51/100 and a GF Value™ of $3.43. The stock has 5 warning signs investors should review. Among 2,378 Metals & Mining companies, Develop Global ranks better than 84.19% 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. Develop Global's annualized net income for the quarter that ended in Dec. 2025 was $2.2 Mil. Develop Global's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $417.3 Mil. Therefore, Develop Global's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 0.52%.
The historical rank and industry rank for Develop Global's Return-on-Tangible-Equity or its related term are showing as below:
VTEXF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -302.24 Med: -13.05 Max: 14.79
Current: 13.46
During the past 13 years, Develop Global's highest Return-on-Tangible-Equity was 14.79%. The lowest was -302.24%. And the median was -13.05%.
VTEXF's Return-on-Tangible-Equity is ranked better than 84.19% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.21
vs VTEXF: 13.46
Develop Global (OTCPK:VTEXF) 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.
Develop Global Return-on-Tangible-Equity Related Terms
Develop Global Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Develop Global'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.
Develop Global Return-on-Tangible-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Develop Global'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.
Develop Global Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Develop Global's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Develop Global'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 two times the semi-annual (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 0.52% mean?
Develop Global (VTEXF) has a Return-on-Tangible-Equity of 0.52% 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 Develop Global and its competitors. According to the industry distribution chart, Develop Global ranks #376 out of 2378 companies in the Metals & Mining industry, placing it in the top 15.8%.
Is Develop Global's Return-on-Tangible-Equity too high?
Develop Global's current Return-on-Tangible-Equity is 0.52%. Based on the distribution chart, Develop Global ranks #376 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Develop Global has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Develop Global's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Develop Global ranks #376 out of 2378 companies for Return-on-Tangible-Equity. This places Develop Global in the top 16% 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 Develop Global and its competitors. Develop Global's current Return-on-Tangible-Equity is 0.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Develop Global (VTEXF) has a current Return-on-Tangible-Equity of 0.52%. The stock's GF Value™ is $3.43, compared to a current price of $3.66 — trading 6.7% above its estimated fair value. The current Return-on-Tangible-Equity is 0.52%. Develop Global's overall GF Score™ is 51/100 with 5 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 Develop Global (VTEXF), the current Return-on-Tangible-Equity is 0.52% 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.
Is Develop Global (VTEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Develop Global stock appears to be overvalued.
The current stock price of $3.66 is trading 6.7% above its estimated GF Value™ of $3.43.
Key valuation signals for VTEXF:
Return-on-Tangible-Equity: 0.52%
GF Value™: $3.43 vs. price of $3.66 (6.7% above fair value)
No single metric tells the full story. See the VTEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
51GF Score
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