BITTF (Bitterroot Resources) ROE %: 17.08% (As of Apr. 2026)


What is Bitterroot Resources ROE %?

Bitterroot Resources BITTF +17.55% ROE % is 17.08% as of Apr. 2026. The stock has 3 warning signs investors should review. Among 2,389 Metals & Mining companies, Bitterroot Resources ranks better than 54.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bitterroot Resources's annualized net income for the quarter that ended in Apr. 2026 was $0.69 Mil. Bitterroot Resources's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was $4.05 Mil. Therefore, Bitterroot Resources's annualized ROE % for the quarter that ended in Apr. 2026 was 17.08%.

The historical rank and industry rank for Bitterroot Resources's ROE % or its related term are showing as below:

BITTF' s ROE % Range Over the Past 10 Years
Min: -49.3   Med: -10.28   Max: 1.83
Current: -11.78

During the past 13 years, Bitterroot Resources's highest ROE % was 1.83%. The lowest was -49.30%. And the median was -10.28%.

BITTF's ROE % is ranked better than
54.54% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.11 vs BITTF: -11.78

Bitterroot Resources  (OTCPK:BITTF) 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:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=0.692/4.0505
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.692 / 0)*(0 / 4.7365)*(4.7365 / 4.0505)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.1694
=ROA %*Equity Multiplier
=N/A %*1.1694
=17.08 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=0.692/4.0505
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.692 / 0.692) * (0.692 / -0.18) * (-0.18 / 0) * (0 / 4.7365) * (4.7365 / 4.0505)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -3.8444 * N/A % * 0 * 1.1694
=17.08 %

Note: The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) 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.


Bitterroot Resources ROE % Related Terms


Bitterroot Resources ROE % Historical Data

* Premium members only.

The historical data trend for Bitterroot 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.

Bitterroot Resources ROE % Chart

Bitterroot Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.75 -29.62 -6.86 -4.26 -7.61

Bitterroot Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROE % 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 -4.60 -9.62 -14.18 -19.05 17.08

Bitterroot Resources ROE % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bitterroot 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.


Bitterroot Resources ROE % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bitterroot Resources's ROE % distribution charts can be found below:

* The bar in red indicates where Bitterroot Resources's ROE % falls into.



Bitterroot Resources ROE % Calculation

Bitterroot Resources's annualized ROE % for the fiscal year that ended in Oct. 2025 is calculated as

ROE %=Net Income (A: Oct. 2025 )/( (Total Stockholders Equity (A: Oct. 2024 )+Total Stockholders Equity (A: Oct. 2025 ))/ count )
=-0.293/( (3.89+3.81)/ 2 )
=-0.293/3.85
=-7.61 %

Bitterroot Resources's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=0.692/( (4.042+4.059)/ 2 )
=0.692/4.0505
=17.08 %

* 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 four times the quarterly (Apr. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 17.08% mean?
Bitterroot Resources (BITTF) has a ROE % of 17.08% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bitterroot Resources and its competitors. According to the industry distribution chart, Bitterroot Resources ranks #1086 out of 2389 companies in the Metals & Mining industry, placing it in the top 45.5%.
Is Bitterroot Resources' ROE % too high?
Bitterroot Resources' current ROE % is 17.08%. Based on the distribution chart, Bitterroot Resources ranks #1086 out of 2389 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Bitterroot Resources' ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Bitterroot Resources ranks #1086 out of 2389 companies for ROE %. This puts Bitterroot Resources 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 Bitterroot Resources and its competitors. Bitterroot Resources's current ROE % is 17.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitterroot Resources stock overvalued right now?
Bitterroot Resources (BITTF) has a current ROE % of 17.08%. The current ROE % is 17.08%. 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 Bitterroot Resources (BITTF), the current ROE % is 17.08% 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.

Bitterroot Resources Business Description

Other Exchanges BQ51:GermanyBTT:Canada
Address C/o Miller Thomson Llp, 700 West Georgia Street, Suite 2200, Vancouver, BC, CAN, V7Y 1K8
Bitterroot Resources Ltd is a Canada-based exploration stage company and its principal business activity is the sourcing and exploration of resource properties. The company operates in one reportable operating segment, being the acquisition, exploration and development of exploration and evaluation assets. Geographically it operates in Canada and the United States of America. Its portfolio of projects consists of LM Property, Voyageur Lands, Nighthawk Project, and Others.