The historical rank and industry rank for Australian Strategic Materials's ROE % or its related term are showing as below:
ASX:ASM'
s ROE % Range Over the Past 10 Years
Min: -12.73 Med: -12.07 Max: -0.39
Current: -10.54
During the past 5 years, Australian Strategic Materials's highest ROE % was -0.39%. The lowest was -12.73%. And the median was -12.07%.
ASX:ASM's ROE % is ranked better than 56.3% of 2389
companies
in the Metals & Mining industry
Industry Median: -16.11
vs ASX:ASM: -10.54
Australian Strategic Materials (ASX:ASM) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
Australian Strategic Materials ROE % Related Terms
Australian Strategic Materials ROE % Historical Data
* 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.
Australian Strategic Materials ROE % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Australian Strategic Materials's ROE %, along with its competitors' market caps and ROE % 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.
Australian Strategic Materials ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Australian Strategic Materials's ROE % distribution charts can be found below:
* The bar in red indicates where Australian Strategic Materials's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
Australian Strategic Materials (ASX:ASM) has a ROE % of -10.38% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Australian Strategic Materials and its competitors. According to the industry distribution chart, Australian Strategic Materials ranks #1044 out of 2389 companies in the Metals & Mining industry, placing it in the top 43.7%.
Is Australian Strategic Materials' ROE % too high?
Australian Strategic Materials' current ROE % is -10.38%. Based on the distribution chart, Australian Strategic Materials ranks #1044 out of 2389 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Australian Strategic Materials has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Australian Strategic Materials' ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Australian Strategic Materials ranks #1044 out of 2389 companies for ROE %. This puts Australian Strategic Materials 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 ROE % for a Metals & Mining company?
A good ROE % depends on the Metals & Mining industry context. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Australian Strategic Materials and its competitors. Australian Strategic Materials's current ROE % is -10.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Strategic Materials stock overvalued right now?
Based on GuruFocus' analysis, Australian Strategic Materials (ASX:ASM) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.55, compared to a current price of A$1.21 — trading 21.9% below its estimated fair value. The current ROE % is -10.38%. Australian Strategic Materials' overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Australian Strategic Materials (ASX:ASM), the current ROE % is -10.38% 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 Australian Strategic Materials (ASX:ASM) Overvalued in 2026?
Based on GuruFocus' analysis, Australian Strategic Materials stock appears to be undervalued.
The current stock price of A$1.21 is trading 21.9% below its estimated GF Value™ of A$1.55.
GuruFocus considers Australian Strategic Materials to be Modestly Undervalued.
Key valuation signals for ASX:ASM:
ROE %: -10.38%
GF Value™: A$1.55 vs. price of A$1.21 (21.9% below fair value)
No single metric tells the full story. See the ASX:ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Strategic Materials Business Description
Australian Strategic Materials Ltd is engaged in the business of producing and mining specialty metal and oxides. The product portfolio includes neodymium, praseodymium, zirconium, hafnium, dysprosium, terbium and niobium oxides. Its Dubbo Project includes Central Western New South Wales, Australia. The company's segment includes Corporate, Dubbo, and Korea. The company generates majority of its revenue from Korea, which includes the Korean Metals Plant.
56GF Score
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