Metalore Resources (TSXV:MET) ROE %: -23.35% (As of Mar. 2026)

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TSXV:MET Metalore Resources Ltd TSXV:MET
64 GF Score
Price C$2.31
GF Value C$3.82
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Metalore Resources ROE %?

Metalore Resources TSXV:MET 64 ROE % is -23.35% as of Mar. 2026. GuruFocus rates TSXV:MET with a GF Score™ of 64/100 and a GF Value™ of C$3.82 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 955 Oil & Gas companies, Metalore Resources ranks worse than 74.55% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Metalore Resources's annualized net income for the quarter that ended in Mar. 2026 was C$-1.68 Mil. Metalore Resources's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was C$7.20 Mil. Therefore, Metalore Resources's annualized ROE % for the quarter that ended in Mar. 2026 was -23.35%.

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

TSXV:MET' s ROE % Range Over the Past 10 Years
Min: -27.42   Med: -0.96   Max: 21.5
Current: -5.69

During the past 13 years, Metalore Resources's highest ROE % was 21.50%. The lowest was -27.42%. And the median was -0.96%.

TSXV:MET's ROE % is ranked worse than
74.55% of 955 companies
in the Oil & Gas industry
Industry Median: 5.89 vs TSXV:MET: -5.69

Metalore Resources  (TSXV:MET) 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
=-1.68/7.195
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.68 / 1.072)*(1.072 / 8.199)*(8.199 / 7.195)
=Net Margin %*Asset Turnover*Equity Multiplier
=-156.72 %*0.1307*1.1395
=ROA %*Equity Multiplier
=-20.48 %*1.1395
=-23.35 %

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
=-1.68/7.195
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.68 / -1.444) * (-1.444 / 0.188) * (0.188 / 1.072) * (1.072 / 8.199) * (8.199 / 7.195)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1634 * -7.6809 * 17.54 % * 0.1307 * 1.1395
=-23.35 %

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.


Metalore Resources ROE % Related Terms


Metalore Resources ROE % Historical Data

* Premium members only.

The historical data trend for Metalore 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.

Metalore Resources ROE % Chart

Metalore Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.50 -21.66 -12.80 16.07 -5.26

Metalore Resources 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 69.96 -1.58 -5.38 7.32 -23.35

TSXV:MET vs ALTX, CRCE, CNNEQ: ROE % Comparison

For the Oil & Gas E&P subindustry, Metalore 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.


Metalore Resources ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Metalore Resources's ROE % distribution charts can be found below:

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


TSXV:MET
64GF Score
Metalore Resources Ltd TSXV:MET
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalore Resources ROE % Calculation

Metalore Resources's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=-0.377/( (7.362+6.985)/ 2 )
=-0.377/7.1735
=-5.26 %

Metalore Resources'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 )
=-1.68/( (7.405+6.985)/ 2 )
=-1.68/7.195
=-23.35 %

* 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 -23.35% mean?
Metalore Resources (TSXV:MET) has a ROE % of -23.35% 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 Metalore Resources and its competitors. According to the industry distribution chart, Metalore Resources ranks #712 out of 955 companies in the Oil & Gas industry, placing it in the top 74.6%.
Is Metalore Resources' ROE % too high?
Metalore Resources' current ROE % is -23.35%. Based on the distribution chart, Metalore Resources ranks #712 out of 955 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Metalore Resources has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metalore Resources' ROE % compare to ALTX and CRCE?
According to the Oil & Gas industry distribution chart, Metalore Resources ranks #712 out of 955 companies for ROE %. This places Metalore Resources in the lower half of its industry. The industry median ROE % is 5.89. 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 Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.89, based on 955 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 Metalore Resources and its competitors. For the Oil & Gas industry, the median ROE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalore Resources's current ROE % is -23.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalore Resources stock overvalued right now?
Based on GuruFocus' analysis, Metalore Resources (TSXV:MET) is currently considered Significantly Undervalued. The stock's GF Value™ is C$3.82, compared to a current price of C$2.31 — trading 39.5% below its estimated fair value. The current ROE % is -23.35%. Metalore Resources' overall GF Score™ is 64/100 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 Metalore Resources (TSXV:MET), the current ROE % is -23.35% 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 Metalore Resources (TSXV:MET) Overvalued in 2026?

Based on GuruFocus' analysis, Metalore Resources stock appears to be undervalued. The current stock price of C$2.31 is trading 39.5% below its estimated GF Value™ of C$3.82. GuruFocus considers Metalore Resources to be Significantly Undervalued.

Key valuation signals for TSXV:MET:

  • ROE %: -23.35%
  • GF Value™: C$3.82 vs. price of C$2.31 (39.5% below fair value)
  • GF Score™: 64/100 with 2 warning signs

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


Metalore Resources Business Description

Industry EnergyOil & Gas
Other Exchanges MTLRF:USA
Address 124 Norfolk Street North, Suite 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of its revenue from the sale of natural gas.
64GF Score

Get the complete analysis for TSXV:MET

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

C$2.31
Price
C$3.82
GF Value