Defiance Silver (TSXV:DEF) ROE %: -5.21% (As of Mar. 2026)


TSXV:DEF Defiance Silver Corp TSXV:DEF
33 GF Score
Price C$0.18
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What is Defiance Silver ROE %?

Defiance Silver TSXV:DEF 33 ROE % is -5.21% as of Mar. 2026. GuruFocus rates TSXV:DEF with a GF Score™ of 33/100. Among 2,389 Metals & Mining companies, Defiance Silver ranks better than 65.01% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Defiance Silver's annualized net income for the quarter that ended in Mar. 2026 was C$-3.27 Mil. Defiance Silver's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$62.73 Mil. Therefore, Defiance Silver's annualized ROE % for the quarter that ended in Mar. 2026 was -5.21%.

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

TSXV:DEF' s ROE % Range Over the Past 10 Years
Min: -28.62   Med: -10.2   Max: -4.75
Current: -4.75

During the past 13 years, Defiance Silver's highest ROE % was -4.75%. The lowest was -28.62%. And the median was -10.20%.

TSXV:DEF's ROE % is ranked better than
65.01% of 2389 companies
in the Metals & Mining industry
Industry Median: -16.17 vs TSXV:DEF: -4.75

Defiance Silver  (TSXV:DEF) 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
=-3.268/62.7335
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.268 / 0)*(0 / 63.892)*(63.892 / 62.7335)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0185
=ROA %*Equity Multiplier
=N/A %*1.0185
=-5.21 %

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
=-3.268/62.7335
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.268 / -3.268) * (-3.268 / -3.748) * (-3.748 / 0) * (0 / 63.892) * (63.892 / 62.7335)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.8719 * N/A % * 0 * 1.0185
=-5.21 %

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.


Defiance Silver ROE % Related Terms


Defiance Silver ROE % Historical Data

* Premium members only.

The historical data trend for Defiance Silver'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.

Defiance Silver ROE % Chart

Defiance Silver Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.54 -9.43 -6.16 -5.73 -5.69

Defiance Silver 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 -5.86 -4.86 -1.55 -7.05 -5.21

TSXV:DEF vs HL: ROE % Comparison

For the Other Precious Metals & Mining subindustry, Defiance Silver'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.


Defiance Silver ROE % vs Metals & Mining Industry

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

* The bar in red indicates where Defiance Silver's ROE % falls into.


TSXV:DEF
33GF Score
Defiance Silver Corp TSXV:DEF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Defiance Silver ROE % Calculation

Defiance Silver's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=-2.924/( (41.409+61.411)/ 2 )
=-2.924/51.41
=-5.69 %

Defiance Silver'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 )
=-3.268/( (61.74+63.727)/ 2 )
=-3.268/62.7335
=-5.21 %

* 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 -5.21% mean?
Defiance Silver (TSXV:DEF) has a ROE % of -5.21% 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 Defiance Silver and its competitors. According to the industry distribution chart, Defiance Silver ranks #836 out of 2389 companies in the Metals & Mining industry, placing it in the top 35%.
Is Defiance Silver's ROE % too high?
Defiance Silver's current ROE % is -5.21%. Based on the distribution chart, Defiance Silver ranks #836 out of 2389 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Defiance Silver has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Defiance Silver's ROE % compare to HL?
According to the Metals & Mining industry distribution chart, Defiance Silver ranks #836 out of 2389 companies for ROE %. This puts Defiance Silver 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 Defiance Silver and its competitors. Defiance Silver's current ROE % is -5.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Defiance Silver stock overvalued right now?
Defiance Silver (TSXV:DEF) has a current ROE % of -5.21%. The current ROE % is -5.21%. Defiance Silver's overall GF Score™ is 33/100. 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 Defiance Silver (TSXV:DEF), the current ROE % is -5.21% 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.

Defiance Silver Business Description

Other Exchanges DNCVF:USAD4E:Germany
Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Defiance Silver Corp is a Mexico-based silver, gold, copper, and polymetallic exploration & development company. The company is focused on advancing two projects in Mexico, the Zacatecas silver project in the historic mining region of Zacatecas and the Tepal copper-gold project in Michoacan. The company's projects include Zacatecas silver projects located in north-central Mexico and the Tepal copper-gold project located in the state of Michoacan, Mexico.
33GF Score

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

C$0.18
Price