Microequities Asset Management GroupASX:MAM +11.54%47 Return-on-Tangible-Asset is 41.64% as of Dec. 2025, which is 39% above its 10-year median of 29.85. GuruFocus rates ASX:MAM with a GF Score™ of 47/100 and a GF Value™ of A$0.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,634 Asset Management companies, Microequities Asset Management Group ranks better than 93.64% on this metric.
The historical rank and industry rank for Microequities Asset Management Group's Return-on-Tangible-Asset or its related term are showing as below:
ASX:MAM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 23.89 Med: 29.85 Max: 80.42
Current: 28.86
During the past 9 years, Microequities Asset Management Group's highest Return-on-Tangible-Asset was 80.42%. The lowest was 23.89%. And the median was 29.85%.
ASX:MAM's Return-on-Tangible-Asset is ranked better than 93.64% of 1634
companies
in the Asset Management industry
Industry Median: 4.12
vs ASX:MAM: 28.86
Microequities Asset Management Group (ASX:MAM) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Microequities Asset Management Group Return-on-Tangible-Asset Related Terms
Microequities Asset Management Group Return-on-Tangible-Asset Historical Data
* 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.
Microequities Asset Management Group Return-on-Tangible-Asset Chart
ASX:MAM vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Microequities Asset Management Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Microequities Asset Management Group Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Microequities Asset Management Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Microequities Asset Management Group's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 41.64% mean?
Microequities Asset Management Group (ASX:MAM) has a Return-on-Tangible-Asset of 41.64% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Microequities Asset Management Group and its competitors. This is 39% above median its historical median of 29.85. Over the past decade, Microequities Asset Management Group's Return-on-Tangible-Asset has ranged from 23.89 to 80.42. According to the industry distribution chart, Microequities Asset Management Group ranks #104 out of 1634 companies in the Asset Management industry, placing it in the top 6.4%.
Is Microequities Asset Management Group's Return-on-Tangible-Asset too high?
Microequities Asset Management Group's current Return-on-Tangible-Asset of 41.64% is 39% above median its 10-year median of 29.85. Over the past 10 years, this metric has ranged from a low of 23.89 to a high of 80.42. The Asset Management industry median Return-on-Tangible-Asset is 4.12. Microequities Asset Management Group's value of 41.64% is 910.7% above this industry median. Based on the distribution chart, Microequities Asset Management Group ranks #104 out of 1634 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Microequities Asset Management Group has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Microequities Asset Management Group's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Microequities Asset Management Group ranks #104 out of 1634 companies for Return-on-Tangible-Asset. This places Microequities Asset Management Group in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.12. Microequities Asset Management Group's value of 41.64% is 910.7% above this benchmark. Historically, Microequities Asset Management Group's own Return-on-Tangible-Asset has ranged from 23.89 to 80.42 over the past decade. While the company's 10-year median is 29.85 vs. the industry median of 4.12, Microequities Asset Management Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.12, based on 1,634 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microequities Asset Management Group's current Return-on-Tangible-Asset of 41.64% is 910.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Microequities Asset Management Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microequities Asset Management Group's current Return-on-Tangible-Asset is 41.64%, which is 39% above median its own 10-year median of 29.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microequities Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Microequities Asset Management Group (ASX:MAM) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.62, compared to a current price of A$0.44 — trading 29.8% below its estimated fair value. The current Return-on-Tangible-Asset is 41.64%, which is 39% above median its 10-year median of 29.85 and 910.7% above the Asset Management industry median of 4.12. Microequities Asset Management Group's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Microequities Asset Management Group (ASX:MAM), the current Return-on-Tangible-Asset is 41.64% as of Dec. 2025. 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 Microequities Asset Management Group (ASX:MAM) Overvalued in 2026?
Based on GuruFocus' analysis, Microequities Asset Management Group stock appears to be undervalued.
The current stock price of A$0.44 is trading 29.8% below its estimated GF Value™ of A$0.62.
GuruFocus considers Microequities Asset Management Group to be Significantly Undervalued.
Key valuation signals for ASX:MAM:
Return-on-Tangible-Asset: 41.64% (39% above median its 10-year median of 29.85)
GF Value™: A$0.62 vs. price of A$0.44 (29.8% below fair value)
Industry Position: 910.7% above the Asset Management median (#104 of 1634)
No single metric tells the full story. See the ASX:MAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microequities Asset Management Group Business Description
Microequities Asset Management Group Ltd is an asset management firm. It is a boutique value driven Fund manager specialised in exchange listed industrial microcap and small cap companies.
47GF Score
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