Westgold ResourcesWGXRF +2.83%77 Return-on-Tangible-Equity is 18.80% as of Dec. 2025, which is 465% above its 10-year median of 3.33. GuruFocus rates WGXRF with a GF Score™ of 77/100 and a GF Value™ of $3.21 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,376 Metals & Mining companies, Westgold Resources ranks better than 83.25% 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. Westgold Resources's annualized net income for the quarter that ended in Dec. 2025 was $253 Mil. Westgold Resources's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,348 Mil. Therefore, Westgold Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.80%.
The historical rank and industry rank for Westgold Resources's Return-on-Tangible-Equity or its related term are showing as below:
WGXRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.6 Med: 3.33 Max: 14.76
Current: 12.64
During the past 9 years, Westgold Resources's highest Return-on-Tangible-Equity was 14.76%. The lowest was -18.60%. And the median was 3.33%.
WGXRF's Return-on-Tangible-Equity is ranked better than 83.25% of 2376
companies
in the Metals & Mining industry
Industry Median: -16.445
vs WGXRF: 12.64
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.
Westgold Resources Return-on-Tangible-Equity Related Terms
Westgold Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Westgold 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.
WGXRF vs NEM, AU: Return-on-Tangible-Equity Comparison
For the Gold subindustry, Westgold 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.
Westgold Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Westgold Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Westgold 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 18.80% mean?
Westgold Resources (WGXRF) has a Return-on-Tangible-Equity of 18.80% 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 Westgold Resources and its competitors. This is 465% above median its historical median of 3.33. According to the industry distribution chart, Westgold Resources ranks #398 out of 2376 companies in the Metals & Mining industry, placing it in the top 16.8%.
Is Westgold Resources' Return-on-Tangible-Equity too high?
Westgold Resources' current Return-on-Tangible-Equity of 18.80% is 465% above median its 10-year median of 3.33. Based on the distribution chart, Westgold Resources ranks #398 out of 2376 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Westgold Resources has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westgold Resources' Return-on-Tangible-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Westgold Resources ranks #398 out of 2376 companies for Return-on-Tangible-Equity. This places Westgold Resources in the top 17% 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 Westgold Resources and its competitors. Westgold Resources's current Return-on-Tangible-Equity is 18.80%, which is 465% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgold Resources stock overvalued right now?
Based on GuruFocus' analysis, Westgold Resources (WGXRF) is currently considered Fairly Valued. The stock's GF Value™ is $3.21, compared to a current price of $3.27 — trading 1.9% above its estimated fair value. The current Return-on-Tangible-Equity is 18.80%, which is 465% above median its 10-year median of 3.33. Westgold Resources' overall GF Score™ is 77/100 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 Westgold Resources (WGXRF), the current Return-on-Tangible-Equity is 18.80% 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 Westgold Resources (WGXRF) Overvalued in 2026?
Based on GuruFocus' analysis, Westgold Resources stock appears to be overvalued.
The current stock price of $3.27 is trading 1.9% above its estimated GF Value™ of $3.21.
GuruFocus considers Westgold Resources to be Fairly Valued.
Key valuation signals for WGXRF:
Return-on-Tangible-Equity: 18.80% (465% above median its 10-year median of 3.33)
GF Value™: $3.21 vs. price of $3.27 (1.9% above fair value)
No single metric tells the full story. See the WGXRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westgold Resources Ltd is a gold producer with a large and strategic landholding across two of Western Australia's prolific gold regions, the Murchison and the Southern Goldfields. The group has acquired several square kilometers of land holdings and operates multiple underground mines and four processing hubs across these regions. Its reportable segments are: Murchison and Southern Goldfields. The majority of the group's revenue is generated from the Murchison segment, which incorporates the operations of its three processing hubs at Cue, Meekatharra, and Fortnum. The group generates maximum revenue from the sale of gold at spot, and the rest from the sale of silver.
77GF Score
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