WA1 ResourcesWAORF -17.23%14 Return-on-Tangible-Equity is -2.74% as of Dec. 2025. GuruFocus rates WAORF with a GF Score™ of 14/100. Among 2,377 Metals & Mining companies, WA1 Resources ranks better than 67.56% 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. WA1 Resources's annualized net income for the quarter that ended in Dec. 2025 was $-3.12 Mil. WA1 Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $113.86 Mil. Therefore, WA1 Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -2.74%.
The historical rank and industry rank for WA1 Resources's Return-on-Tangible-Equity or its related term are showing as below:
WAORF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.37 Med: -10.58 Max: -3.64
Current: -3.64
During the past 4 years, WA1 Resources's highest Return-on-Tangible-Equity was -3.64%. The lowest was -16.37%. And the median was -10.58%.
WAORF's Return-on-Tangible-Equity is ranked better than 67.56% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs WAORF: -3.64
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.
WA1 Resources Return-on-Tangible-Equity Related Terms
WA1 Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for WA1 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.
WAORF vs SCCO, FCX: Return-on-Tangible-Equity Comparison
For the Copper subindustry, WA1 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.
WA1 Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, WA1 Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where WA1 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 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 -2.74% mean?
WA1 Resources (WAORF) has a Return-on-Tangible-Equity of -2.74% 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 WA1 Resources and its competitors. According to the industry distribution chart, WA1 Resources ranks #771 out of 2377 companies in the Metals & Mining industry, placing it in the top 32.4%.
Is WA1 Resources' Return-on-Tangible-Equity too high?
WA1 Resources' current Return-on-Tangible-Equity is -2.74%. Based on the distribution chart, WA1 Resources ranks #771 out of 2377 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, WA1 Resources has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does WA1 Resources' Return-on-Tangible-Equity compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, WA1 Resources ranks #771 out of 2377 companies for Return-on-Tangible-Equity. This puts WA1 Resources 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 WA1 Resources and its competitors. WA1 Resources's current Return-on-Tangible-Equity is -2.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WA1 Resources stock overvalued right now?
WA1 Resources (WAORF) has a current Return-on-Tangible-Equity of -2.74%. The current Return-on-Tangible-Equity is -2.74%. WA1 Resources' overall GF Score™ is 14/100. 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 WA1 Resources (WAORF), the current Return-on-Tangible-Equity is -2.74% 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.
WA1 Resources Ltd is a mineral development in Western Australia and the Northern Territory. Its projects include West Arunta, Madura, Hidden Valley, and Niobium.
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