Sandfire ResourcesASX:SFR -1.30%86 ROE % is 10.43% as of Dec. 2025, which is 14% below its 10-year median of 12.12. GuruFocus rates ASX:SFR with a GF Score™ of 86/100 and a GF Value™ of A$14.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,389 Metals & Mining companies, Sandfire Resources ranks better than 80.08% on this metric.
The historical rank and industry rank for Sandfire Resources's ROE % or its related term are showing as below:
ASX:SFR'
s ROE % Range Over the Past 10 Years
Min: -3.1 Med: 12.12 Max: 25.06
Current: 7.54
During the past 13 years, Sandfire Resources's highest ROE % was 25.06%. The lowest was -3.10%. And the median was 12.12%.
ASX:SFR's ROE % is ranked better than 80.08% of 2389
companies
in the Metals & Mining industry
Industry Median: -16.11
vs ASX:SFR: 7.54
Sandfire Resources (ASX:SFR) 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.
Sandfire Resources ROE % Related Terms
Sandfire Resources ROE % Historical Data
* Premium members only.
The historical data trend for Sandfire Resources'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 Copper subindustry, Sandfire Resources'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.
Sandfire Resources ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sandfire Resources's ROE % distribution charts can be found below:
* The bar in red indicates where Sandfire Resources'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.
Sandfire Resources (ASX:SFR) has a ROE % of 10.43% 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 Sandfire Resources and its competitors. This is 14% below median its historical median of 12.12. According to the industry distribution chart, Sandfire Resources ranks #476 out of 2389 companies in the Metals & Mining industry, placing it in the top 19.9%.
Is Sandfire Resources' ROE % too high?
Sandfire Resources' current ROE % of 10.43% is 14% below median its 10-year median of 12.12. Based on the distribution chart, Sandfire Resources ranks #476 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Sandfire Resources has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sandfire Resources' ROE % compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Sandfire Resources ranks #476 out of 2389 companies for ROE %. This places Sandfire Resources in the top 20% 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 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 Sandfire Resources and its competitors. Sandfire Resources's current ROE % is 10.43%, which is 14% below median its own 10-year median of 12.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Sandfire Resources (ASX:SFR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$14.50, compared to a current price of A$19.67 — trading 35.7% above its estimated fair value. The current ROE % is 10.43%, which is 14% below median its 10-year median of 12.12. Sandfire Resources' overall GF Score™ is 86/100 with 6 warning signs 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 Sandfire Resources (ASX:SFR), the current ROE % is 10.43% 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 Sandfire Resources (ASX:SFR) Overvalued in 2026?
Based on GuruFocus' analysis, Sandfire Resources stock appears to be overvalued.
The current stock price of A$19.67 is trading 35.7% above its estimated GF Value™ of A$14.50.
GuruFocus considers Sandfire Resources to be Significantly Overvalued.
Key valuation signals for ASX:SFR:
ROE %: 10.43% (14% below median its 10-year median of 12.12)
GF Value™: A$14.50 vs. price of A$19.67 (35.7% above fair value)
No single metric tells the full story. See the ASX:SFR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandfire Resources Ltd is a copper-focused mineral exploration and development company. The company's operating segments include DeGrussa Copper operations, MATSA Copper Operations, Black Butte Copper Project, Motheo Copper Operations, and Exploration and Other. It derives key revenue from the MATSA Copper Operations segment, which consists of the Minas de Aguas Tenidas (MATSA) polymetallic mining complex in Spain and exploration and evaluation activities in Spain and Portugal. The operations comprise three underground mines and a central processing facility. The mines generate revenue from the sale of copper, zinc, and lead concentrates containing a silver by-product. Geographically, the company generates maximum revenue from Spain, followed by China, Sweden, Malaysia, and other regions.
86GF Score
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