ZCTSF (Zacatecas Silver) Return-on-Tangible-Equity: -32.00% (As of Mar. 2026)


What is Zacatecas Silver Return-on-Tangible-Equity?

Zacatecas Silver ZCTSF +22.73% Return-on-Tangible-Equity is -32.00% as of Mar. 2026. The stock has 1 warning sign investors should review. Among 2,378 Metals & Mining companies, Zacatecas Silver ranks worse than 50.38% 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. Zacatecas Silver's annualized net income for the quarter that ended in Mar. 2026 was $-8.65 Mil. Zacatecas Silver's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $27.04 Mil. Therefore, Zacatecas Silver's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -32.00%.

The historical rank and industry rank for Zacatecas Silver's Return-on-Tangible-Equity or its related term are showing as below:

ZCTSF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -200.87   Med: -11.16   Max: 24.82
Current: -16.68

During the past 6 years, Zacatecas Silver's highest Return-on-Tangible-Equity was 24.82%. The lowest was -200.87%. And the median was -11.16%.

ZCTSF's Return-on-Tangible-Equity is ranked worse than
50.38% of 2378 companies
in the Metals & Mining industry
Industry Median: -16.28 vs ZCTSF: -16.68

Zacatecas Silver  (OTCPK:ZCTSF) 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.


Zacatecas Silver Return-on-Tangible-Equity Related Terms


Zacatecas Silver Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Zacatecas Silver'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.

Zacatecas Silver Return-on-Tangible-Equity Chart

Zacatecas Silver Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial -200.89 -72.87 24.95 -9.32 -11.33

Zacatecas Silver Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.86 -0.14 -8.62 -25.40 -32.00

ZCTSF vs EXK: Return-on-Tangible-Equity Comparison

For the Silver subindustry, Zacatecas Silver'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.


Zacatecas Silver Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zacatecas Silver's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Zacatecas Silver's Return-on-Tangible-Equity falls into.



Zacatecas Silver Return-on-Tangible-Equity Calculation

Zacatecas Silver's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-3.02/( (25.499+27.799 )/ 2 )
=-3.02/26.649
=-11.33 %

Zacatecas Silver's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-8.652/( (27.799+26.279)/ 2 )
=-8.652/27.039
=-32.00 %

* 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 -32.00% mean?
Zacatecas Silver (ZCTSF) has a Return-on-Tangible-Equity of -32.00% 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 Zacatecas Silver and its competitors. According to the industry distribution chart, Zacatecas Silver ranks #1198 out of 2378 companies in the Metals & Mining industry, placing it in the top 50.4%.
Is Zacatecas Silver's Return-on-Tangible-Equity too high?
Zacatecas Silver's current Return-on-Tangible-Equity is -32.00%. Based on the distribution chart, Zacatecas Silver ranks #1198 out of 2378 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Zacatecas Silver's Return-on-Tangible-Equity compare to EXK?
According to the Metals & Mining industry distribution chart, Zacatecas Silver ranks #1198 out of 2378 companies for Return-on-Tangible-Equity. This places Zacatecas Silver in the lower 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 Zacatecas Silver and its competitors. Zacatecas Silver's current Return-on-Tangible-Equity is -32.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zacatecas Silver stock overvalued right now?
Zacatecas Silver (ZCTSF) has a current Return-on-Tangible-Equity of -32.00%. The current Return-on-Tangible-Equity is -32.00%. 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 Zacatecas Silver (ZCTSF), the current Return-on-Tangible-Equity is -32.00% 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.

Zacatecas Silver Business Description

Other Exchanges 7TV:GermanyZAC:Canada
Address 1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Zacatecas Silver Corp is principally engaged in the acquisition and exploration and development of mineral properties in Mexico. The Company has two key projects. The Esperanza Gold Project in Morelos State, Mexico and the Zacatecas Silver Project in Zacatecas State, Mexico.