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Althea CopperXCNQ:ALTH +4.76%15 Return-on-Tangible-Equity is 115.86% as of Apr. 2026. GuruFocus rates XCNQ:ALTH with a GF Score™ of 15/100. Among 2,391 Metals & Mining companies, Althea Copper ranks better than 90.8% 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. Althea Copper's annualized net income for the quarter that ended in Apr. 2026 was C$0.17 Mil. Althea Copper's average shareholder tangible equity for the quarter that ended in Apr. 2026 was C$0.15 Mil. Therefore, Althea Copper's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 115.86%.
The historical rank and industry rank for Althea Copper's Return-on-Tangible-Equity or its related term are showing as below:
XCNQ:ALTH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -158.78 Med: -158.78 Max: 28.97
Current: 28.97
During the past 1 years, Althea Copper's highest Return-on-Tangible-Equity was 28.97%. The lowest was -158.78%. And the median was -158.78%.
XCNQ:ALTH's Return-on-Tangible-Equity is ranked better than 90.8% of 2391
companies
in the Metals & Mining industry
Industry Median: -16.33
vs XCNQ:ALTH: 28.97
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.
Althea Copper Return-on-Tangible-Equity Related Terms
Althea Copper Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Althea Copper'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.
Althea Copper Return-on-Tangible-Equity Chart
Althea Copper Annual Data
Trend
Oct24
Return-on-Tangible-Equity
-158.78
Althea Copper Quarterly Data
Oct24
Apr25
Oct25
Apr26
Return-on-Tangible-Equity
0.00
-93.06
0.00
115.86
XCNQ:ALTH vs SCCO, FCX: Return-on-Tangible-Equity Comparison
For the Copper subindustry, Althea Copper'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.
Althea Copper Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Althea Copper's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Althea Copper'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 115.86% mean?
Althea Copper (XCNQ:ALTH) has a Return-on-Tangible-Equity of 115.86% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Althea Copper and its competitors. According to the industry distribution chart, Althea Copper ranks #220 out of 2391 companies in the Metals & Mining industry, placing it in the top 9.2%.
Is Althea Copper's Return-on-Tangible-Equity too high?
Althea Copper's current Return-on-Tangible-Equity is 115.86%. Based on the distribution chart, Althea Copper ranks #220 out of 2391 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Althea Copper has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Althea Copper's Return-on-Tangible-Equity compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Althea Copper ranks #220 out of 2391 companies for Return-on-Tangible-Equity. This places Althea Copper in the top 9% 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 Althea Copper and its competitors. Althea Copper's current Return-on-Tangible-Equity is 115.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Althea Copper stock overvalued right now?
Althea Copper (XCNQ:ALTH) has a current Return-on-Tangible-Equity of 115.86%. The current Return-on-Tangible-Equity is 115.86%. Althea Copper's overall GF Score™ is 15/100. 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 Althea Copper (XCNQ:ALTH), the current Return-on-Tangible-Equity is 115.86% as of Apr. 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.
Althea Copper Corp is engaged in the exploration of its Mink Narrows Property, located in west-central Manitoba near Flin Flon. The Company is focused on continuing exploration work that has indicated widespread, high-grade copper-zinc volcanic massive sulphide (VMS) deposits, copper occurrences in a vein-style Cu zone, and gold occurrences within a complex structural zone that is bound by, and/or marginal to, the Mistik Creek shear zone and the north Neso Lake fault.
15GF Score
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