Future Mineral ResourcesFMRRF -99.45%31 ROE % is Negative Equity% as of Apr. 2026. GuruFocus rates FMRRF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,389 Metals & Mining companies, Future Mineral Resources ranks better than 99.96% on this metric.
The historical rank and industry rank for Future Mineral Resources's ROE % or its related term are showing as below:
FMRRF'
s ROE % Range Over the Past 10 Years
Min: -172.67 Med: -21.94 Max: 48.53
Current: Negative Equity
During the past 12 years, Future Mineral Resources's highest ROE % was 48.53%. The lowest was -172.67%. And the median was -21.94%.
FMRRF's ROE % is ranked better than 99.96% of 2389
companies
in the Metals & Mining industry
Industry Median: -16.11
vs FMRRF: Negative Equity
Future Mineral Resources (OTCPK:FMRRF) 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 (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.
* 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.
Future Mineral Resources ROE % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Future Mineral 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.
Future Mineral Resources ROE % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Future Mineral Resources's ROE % distribution charts can be found below:
* The bar in red indicates where Future Mineral 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 four times the quarterly (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.
Future Mineral Resources (FMRRF) has a ROE % of Negative Equity% 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 Future Mineral Resources and its competitors. According to the industry distribution chart, Future Mineral Resources ranks #1 out of 2389 companies in the Metals & Mining industry, placing it in the top 0%.
Is Future Mineral Resources' ROE % too high?
Future Mineral Resources' current ROE % is Negative Equity%. Based on the distribution chart, Future Mineral Resources ranks #1 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Future Mineral Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Future Mineral Resources' ROE % compare to competitors?
According to the Metals & Mining industry distribution chart, Future Mineral Resources ranks #1 out of 2389 companies for ROE %. This places Future Mineral Resources in the top 0% 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 Future Mineral Resources and its competitors. Future Mineral Resources's current ROE % is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Mineral Resources stock overvalued right now?
Future Mineral Resources (FMRRF) has a current ROE % of Negative Equity%. The current ROE % is Negative Equity%. Future Mineral Resources' overall GF Score™ is 31/100 with 2 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 Future Mineral Resources (FMRRF), the current ROE % is Negative Equity% 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.
Future Mineral Resources Inc. is focused on acquisitions and the development of brownfield, development-stage, and early production-stage mining projects in the Americas, Africa, Europe, and Australia. It invests its excess cash to maintain its capital for the acquisition of mining projects. Its main precious metals project is the East Sullivan Property in Quebec, Canada, and its main uranium projects are the Otish Property in Quebec, Canada, and the Orange Creek Property in the Northern Territory of Australia.
31GF Score
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