Wesdome Gold MinesWDOFF +6.44%96 Return-on-Tangible-Equity is 48.73% as of Mar. 2026, which is 205% above its 10-year median of 15.99. GuruFocus rates WDOFF with a GF Score™ of 96/100 and a GF Value™ of $20.71 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,375 Metals & Mining companies, Wesdome Gold Mines ranks better than 95.58% 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. Wesdome Gold Mines's annualized net income for the quarter that ended in Mar. 2026 was $346.6 Mil. Wesdome Gold Mines's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $711.3 Mil. Therefore, Wesdome Gold Mines's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 48.73%.
The historical rank and industry rank for Wesdome Gold Mines's Return-on-Tangible-Equity or its related term are showing as below:
WDOFF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.71 Med: 15.99 Max: 48.8
Current: 48.8
During the past 13 years, Wesdome Gold Mines's highest Return-on-Tangible-Equity was 48.80%. The lowest was -3.71%. And the median was 15.99%.
WDOFF's Return-on-Tangible-Equity is ranked better than 95.58% of 2375
companies
in the Metals & Mining industry
Industry Median: -16.48
vs WDOFF: 48.80
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.
Wesdome Gold Mines Return-on-Tangible-Equity Related Terms
Wesdome Gold Mines Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wesdome Gold Mines'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.
WDOFF vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Wesdome Gold Mines'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.
Wesdome Gold Mines Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wesdome Gold Mines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wesdome Gold Mines'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 48.73% mean?
Wesdome Gold Mines (WDOFF) has a Return-on-Tangible-Equity of 48.73% 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 Wesdome Gold Mines and its competitors. This is 205% above median its historical median of 15.99. According to the industry distribution chart, Wesdome Gold Mines ranks #105 out of 2375 companies in the Metals & Mining industry, placing it in the top 4.4%.
Is Wesdome Gold Mines' Return-on-Tangible-Equity too high?
Wesdome Gold Mines' current Return-on-Tangible-Equity of 48.73% is 205% above median its 10-year median of 15.99. Based on the distribution chart, Wesdome Gold Mines ranks #105 out of 2375 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Wesdome Gold Mines has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wesdome Gold Mines ranks #105 out of 2375 companies for Return-on-Tangible-Equity. This places Wesdome Gold Mines in the top 4% 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 Wesdome Gold Mines and its competitors. Wesdome Gold Mines's current Return-on-Tangible-Equity is 48.73%, which is 205% above median its own 10-year median of 15.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (WDOFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.71, compared to a current price of $18.46 — trading 10.9% below its estimated fair value. The current Return-on-Tangible-Equity is 48.73%, which is 205% above median its 10-year median of 15.99. Wesdome Gold Mines' overall GF Score™ is 96/100 with 3 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 Wesdome Gold Mines (WDOFF), the current Return-on-Tangible-Equity is 48.73% 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 Wesdome Gold Mines (WDOFF) Overvalued in 2026?
Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued.
The current stock price of $18.46 is trading 10.9% below its estimated GF Value™ of $20.71.
GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.
Key valuation signals for WDOFF:
Return-on-Tangible-Equity: 48.73% (205% above median its 10-year median of 15.99)
GF Value™: $20.71 vs. price of $18.46 (10.9% below fair value)
No single metric tells the full story. See the WDOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
96GF Score
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