Denison MinesDNN -3.06%58 ROE % is -146.69% as of Mar. 2026. GuruFocus rates DNN with a GF Score™ of 58/100 and a GF Value™ of $1.87 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 177 Other Energy Sources companies, Denison Mines ranks worse than 88.14% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Denison Mines's annualized net income for the quarter that ended in Mar. 2026 was $-334.92 Mil. Denison Mines's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $228.32 Mil. Therefore, Denison Mines's annualized ROE % for the quarter that ended in Mar. 2026 was -146.69%.
The historical rank and industry rank for Denison Mines's ROE % or its related term are showing as below:
DNN'
s ROE % Range Over the Past 10 Years
Min: -69.07 Med: -8.04 Max: 16.77
Current: -69.07
During the past 13 years, Denison Mines's highest ROE % was 16.77%. The lowest was -69.07%. And the median was -8.04%.
DNN's ROE % is ranked worse than 88.14% of 177
companies
in the Other Energy Sources industry
Industry Median: 0.7
vs DNN: -69.07
Denison Mines (AMEX:DNN) 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 four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 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.
Denison Mines ROE % Related Terms
Denison Mines ROE % Historical Data
* Premium members only.
The historical data trend for Denison Mines'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 Uranium subindustry, Denison Mines'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.
Denison Mines ROE % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Denison Mines's ROE % distribution charts can be found below:
* The bar in red indicates where Denison Mines'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 four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Denison Mines (DNN) has a ROE % of -146.69% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Denison Mines and its competitors. According to the industry distribution chart, Denison Mines ranks #156 out of 177 companies in the Other Energy Sources industry, placing it in the top 88.1%.
Is Denison Mines' ROE % too high?
Denison Mines' current ROE % is -146.69%. Based on the distribution chart, Denison Mines ranks #156 out of 177 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Denison Mines has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denison Mines' ROE % compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Denison Mines ranks #156 out of 177 companies for ROE %. This places Denison Mines in the lower half of its industry. The industry median ROE % is 0.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Other Energy Sources company?
The median ROE % among Other Energy Sources companies is 0.70, based on 177 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 Denison Mines and its competitors. For the Other Energy Sources industry, the median ROE % is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denison Mines's current ROE % is -146.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denison Mines stock overvalued right now?
Based on GuruFocus' analysis, Denison Mines (DNN) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.87, compared to a current price of $3.17 — trading 69.5% above its estimated fair value. The current ROE % is -146.69%. Denison Mines' overall GF Score™ is 58/100 with 7 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 Denison Mines (DNN), the current ROE % is -146.69% 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.
Is Denison Mines (DNN) Overvalued in 2026?
Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued.
The current stock price of $3.17 is trading 69.5% above its estimated GF Value™ of $1.87.
GuruFocus considers Denison Mines to be Significantly Overvalued.
Key valuation signals for DNN:
ROE %: -146.69%
GF Value™: $1.87 vs. price of $3.17 (69.5% above fair value)
No single metric tells the full story. See the DNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Denison Mines Corp is engaged in uranium mining-related activities, including the acquisition, exploration, development, and mining of uranium-bearing properties, as well as the processing, sale, and investment in uranium. The company's key properties include Wheeler River, Waterbury Lake, McClean Lake, Midwest, and others. It operates through two segments: the Mining segment and the Corporate and Other segment. The majority of the company's revenue is generated from the Mining segment, which includes activities related to exploration, evaluation, and development, mining, milling (including toll milling), and the sale of mineral concentrates.
58GF Score
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