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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Murray Cod Australia's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-8.13 Mil. Murray Cod Australia's average total tangible assets for the quarter that ended in Dec. 2025 was A$159.96 Mil. Therefore, Murray Cod Australia's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -5.08%.
The historical rank and industry rank for Murray Cod Australia's Return-on-Tangible-Asset or its related term are showing as below:
ASX:MCA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -95.65 Med: -5.63 Max: 5.94
Current: 2.1
During the past 13 years, Murray Cod Australia's highest Return-on-Tangible-Asset was 5.94%. The lowest was -95.65%. And the median was -5.63%.
ASX:MCA's Return-on-Tangible-Asset is ranked worse than 59.47% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.395
vs ASX:MCA: 2.10
Murray Cod Australia (ASX:MCA) 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.
Murray Cod Australia Return-on-Tangible-Asset Related Terms
Murray Cod Australia Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Murray Cod Australia's Return-on-Tangible-Asset 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.
Murray Cod Australia Return-on-Tangible-Asset Chart
ASX:MCA vs ADM, BG, TSN: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Murray Cod Australia'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.
Murray Cod Australia Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Murray Cod Australia's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Murray Cod Australia'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 -5.08% mean?
Murray Cod Australia (ASX:MCA) has a Return-on-Tangible-Asset of -5.08% 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 Murray Cod Australia and its competitors. According to the industry distribution chart, Murray Cod Australia ranks #1187 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 59.5%.
Is Murray Cod Australia's Return-on-Tangible-Asset too high?
Murray Cod Australia's current Return-on-Tangible-Asset is -5.08%. Based on the distribution chart, Murray Cod Australia ranks #1187 out of 1996 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Murray Cod Australia has a GF Score™ of 21/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Murray Cod Australia's Return-on-Tangible-Asset compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Murray Cod Australia ranks #1187 out of 1996 companies for Return-on-Tangible-Asset. This places Murray Cod Australia in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.40. 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 a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.40, based on 1,996 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. 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 Murray Cod Australia and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Murray Cod Australia's current Return-on-Tangible-Asset is -5.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murray Cod Australia stock overvalued right now?
Based on GuruFocus' analysis, Murray Cod Australia (ASX:MCA) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.80, compared to a current price of A$0.16 — trading 80% below its estimated fair value. The current Return-on-Tangible-Asset is -5.08%. Murray Cod Australia's overall GF Score™ is 21/100 with 7 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 Murray Cod Australia (ASX:MCA), the current Return-on-Tangible-Asset is -5.08% 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 Murray Cod Australia (ASX:MCA) Overvalued in 2026?
Based on GuruFocus' analysis, Murray Cod Australia stock appears to be undervalued.
The current stock price of A$0.16 is trading 80% below its estimated GF Value™ of A$0.80.
GuruFocus considers Murray Cod Australia to be Possible Value Trap.
Key valuation signals for ASX:MCA:
Return-on-Tangible-Asset: -5.08%
GF Value™: A$0.80 vs. price of A$0.16 (80% below fair value)
No single metric tells the full story. See the ASX:MCA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Murray Cod Australia Ltd is engaged in producing pond-grown Murray cod. The company grows Murray cod in open ponds or dams on the Murray-Darling Basin river system. Murray Cod Australia Ltd is branded as Aquna Sustainable Murray Cod. The company generates revenue from fish sales, cattle sales and equipment sales.
21GF Score
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