DPM Metals (TSX:DPM) ROE %: 25.08% (As of Mar. 2026) — 106% Above Median


TSX:DPM DPM Metals Inc TSX:DPM
78 GF Score
Price C$44.93
GF Value C$27.29
Valuation Significantly Overvalued
! 2 Warning Signs
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What is DPM Metals ROE %?

DPM Metals TSX:DPM +0.56% 78 ROE % is 25.08% as of Mar. 2026, which is 106% above its 10-year median of 12.18. GuruFocus rates TSX:DPM with a GF Score™ of 78/100 and a GF Value™ of C$27.29 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,389 Metals & Mining companies, DPM Metals ranks better than 90.67% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. DPM Metals's annualized net income for the quarter that ended in Mar. 2026 was C$911 Mil. DPM Metals's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$3,630 Mil. Therefore, DPM Metals's annualized ROE % for the quarter that ended in Mar. 2026 was 25.08%.

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

TSX:DPM' s ROE % Range Over the Past 10 Years
Min: -25.11   Med: 12.18   Max: 27.96
Current: 24.44

During the past 13 years, DPM Metals's highest ROE % was 27.96%. The lowest was -25.11%. And the median was 12.18%.

TSX:DPM's ROE % is ranked better than
90.67% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.02 vs TSX:DPM: 24.44

DPM Metals  (TSX:DPM) 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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=910.524/3629.9075
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(910.524 / 1703.276)*(1703.276 / 4322.1415)*(4322.1415 / 3629.9075)
=Net Margin %*Asset Turnover*Equity Multiplier
=53.46 %*0.3941*1.1907
=ROA %*Equity Multiplier
=21.07 %*1.1907
=25.08 %

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: Mar. 2026 )
=Net Income/Total Stockholders Equity
=910.524/3629.9075
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (910.524 / 1037.864) * (1037.864 / 1009.708) * (1009.708 / 1703.276) * (1703.276 / 4322.1415) * (4322.1415 / 3629.9075)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8773 * 1.0279 * 59.28 % * 0.3941 * 1.1907
=25.08 %

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.


DPM Metals ROE % Related Terms


DPM Metals ROE % Historical Data

* Premium members only.

The historical data trend for DPM 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.

DPM Metals ROE % Chart

DPM Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.30 3.70 18.15 20.14 18.93

DPM Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.69 25.70 20.86 25.16 25.08

TSX:DPM vs NEM, AU: ROE % Comparison

For the Gold subindustry, DPM 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.


DPM Metals ROE % vs Metals & Mining Industry

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

* The bar in red indicates where DPM Metals's ROE % falls into.


TSX:DPM
78GF Score
DPM Metals Inc TSX:DPM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DPM Metals ROE % Calculation

DPM Metals's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=509.347/( (1833.344+3548.231)/ 2 )
=509.347/2690.7875
=18.93 %

DPM Metals's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=910.524/( (3548.231+3711.584)/ 2 )
=910.524/3629.9075
=25.08 %

* 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 (Mar. 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 25.08% mean?
DPM Metals (TSX:DPM) has a ROE % of 25.08% 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 DPM Metals and its competitors. This is 106% above median its historical median of 12.18. According to the industry distribution chart, DPM Metals ranks #223 out of 2389 companies in the Metals & Mining industry, placing it in the top 9.3%.
Is DPM Metals' ROE % too high?
DPM Metals' current ROE % of 25.08% is 106% above median its 10-year median of 12.18. Based on the distribution chart, DPM Metals ranks #223 out of 2389 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, DPM Metals has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DPM Metals' ROE % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DPM Metals ranks #223 out of 2389 companies for ROE %. This places DPM Metals in the top 9% 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 DPM Metals and its competitors. DPM Metals's current ROE % is 25.08%, which is 106% above median its own 10-year median of 12.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DPM Metals stock overvalued right now?
Based on GuruFocus' analysis, DPM Metals (TSX:DPM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$27.29, compared to a current price of C$44.93 — trading 64.6% above its estimated fair value. The current ROE % is 25.08%, which is 106% above median its 10-year median of 12.18. DPM Metals' overall GF Score™ is 78/100 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 DPM Metals (TSX:DPM), the current ROE % is 25.08% 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 DPM Metals (TSX:DPM) Overvalued in 2026?

Based on GuruFocus' analysis, DPM Metals stock appears to be overvalued. The current stock price of C$44.93 is trading 64.6% above its estimated GF Value™ of C$27.29. GuruFocus considers DPM Metals to be Significantly Overvalued.

Key valuation signals for TSX:DPM:

  • ROE %: 25.08% (106% above median its 10-year median of 12.18)
  • GF Value™: C$27.29 vs. price of C$44.93 (64.6% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the TSX:DPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DPM Metals Business Description

Address 150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
DPM Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company's projects include are located in Bulgaria, Ecuador, Serbia and Bosnia.
78GF Score

Get the complete analysis for TSX:DPM

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$44.93
Price
C$27.29
GF Value