Advance MetalsASX:AVM -3.13% ROE % is -72.01% as of Dec. 2025. The stock has 1 warning sign investors should review. Among 623 Steel companies, Advance Metals ranks worse than 96.95% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Advance Metals's annualized net income for the quarter that ended in Dec. 2025 was A$-12.33 Mil. Advance Metals's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was A$17.13 Mil. Therefore, Advance Metals's annualized ROE % for the quarter that ended in Dec. 2025 was -72.01%.
The historical rank and industry rank for Advance Metals's ROE % or its related term are showing as below:
ASX:AVM'
s ROE % Range Over the Past 10 Years
Min: -51.48 Med: -25.27 Max: -2.25
Current: -51.48
During the past 13 years, Advance Metals's highest ROE % was -2.25%. The lowest was -51.48%. And the median was -25.27%.
ASX:AVM's ROE % is ranked worse than 96.95% of 623
companies
in the Steel industry
Industry Median: 3.7
vs ASX:AVM: -51.48
Advance Metals (ASX:AVM) 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.
Advance Metals ROE % Related Terms
Advance Metals ROE % Historical Data
* Premium members only.
The historical data trend for Advance Metals's ROE % 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.
For the Coking Coal subindustry, Advance Metals'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.
Advance Metals ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Advance Metals's ROE % distribution charts can be found below:
* The bar in red indicates where Advance Metals'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.
Advance Metals (ASX:AVM) has a ROE % of -72.01% 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 Advance Metals and its competitors. According to the industry distribution chart, Advance Metals ranks #604 out of 623 companies in the Steel industry, placing it in the top 97%.
Is Advance Metals' ROE % too high?
Advance Metals' current ROE % is -72.01%. Based on the distribution chart, Advance Metals ranks #604 out of 623 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Advance Metals' ROE % compare to HCC and AMR?
According to the Steel industry distribution chart, Advance Metals ranks #604 out of 623 companies for ROE %. This places Advance Metals in the lower half of its industry. The industry median ROE % is 3.70. 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 Steel company?
The median ROE % among Steel companies is 3.70, based on 623 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. 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 Advance Metals and its competitors. For the Steel industry, the median ROE % is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advance Metals's current ROE % is -72.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Metals stock overvalued right now?
Advance Metals (ASX:AVM) has a current ROE % of -72.01%. The current ROE % is -72.01%. 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 Advance Metals (ASX:AVM), the current ROE % is -72.01% 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.
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.
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