Metrics Masterome Trust (ASX:MXT) Return-on-Tangible-Asset: 7.68% (As of Dec. 2025) — 61% Above Median


ASX:MXT Metrics Master Income Trust ASX:MXT
75 GF Score
Price A$1.94
GF Value A$2.12
Valuation Fairly Valued
! 5 Warning Signs
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What is Metrics Masterome Trust Return-on-Tangible-Asset?

Metrics Masterome Trust ASX:MXT +0.52% 75 Return-on-Tangible-Asset is 7.68% as of Dec. 2025, which is 61% above its 10-year median of 4.76. GuruFocus rates ASX:MXT with a GF Score™ of 75/100 and a GF Value™ of A$2.12 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,634 Asset Management companies, Metrics Masterome Trust ranks better than 64.87% on this metric.

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. Metrics Masterome Trust's annualized Net Income for the quarter that ended in Dec. 2025 was A$189.1 Mil. Metrics Masterome Trust's average total tangible assets for the quarter that ended in Dec. 2025 was A$2,462.1 Mil. Therefore, Metrics Masterome Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.68%.

The historical rank and industry rank for Metrics Masterome Trust's Return-on-Tangible-Asset or its related term are showing as below:

ASX:MXT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.91   Med: 4.76   Max: 8.9
Current: 7.62

During the past 8 years, Metrics Masterome Trust's highest Return-on-Tangible-Asset was 8.90%. The lowest was 2.91%. And the median was 4.76%.

ASX:MXT's Return-on-Tangible-Asset is ranked better than
64.87% of 1634 companies
in the Asset Management industry
Industry Median: 4.155 vs ASX:MXT: 7.62

Metrics Masterome Trust  (ASX:MXT) 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 company’s 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 company’s 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.


Metrics Masterome Trust Return-on-Tangible-Asset Related Terms


Metrics Masterome Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Metrics Masterome Trust'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.

Metrics Masterome Trust Return-on-Tangible-Asset Chart

Metrics Masterome Trust Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 4.35 4.15 7.68 8.90 7.38

Metrics Masterome Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset 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 9.08 8.63 7.93 7.38 7.68

ASX:MXT vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Metrics Masterome Trust'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.


Metrics Masterome Trust Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Metrics Masterome Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Metrics Masterome Trust's Return-on-Tangible-Asset falls into.


ASX:MXT
75GF Score
Metrics Master Income Trust ASX:MXT
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metrics Masterome Trust Return-on-Tangible-Asset Calculation

Metrics Masterome Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=169.605/( (2136.266+2459.5)/ 2 )
=169.605/2297.883
=7.38 %

Metrics Masterome Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=189.114/( (2459.5+2464.677)/ 2 )
=189.114/2462.0885
=7.68 %

* 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 7.68% mean?
Metrics Masterome Trust (ASX:MXT) has a Return-on-Tangible-Asset of 7.68% 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 Metrics Masterome Trust and its competitors. This is 61% above median its historical median of 4.76. Over the past decade, Metrics Masterome Trust's Return-on-Tangible-Asset has ranged from 2.91 to 8.90. According to the industry distribution chart, Metrics Masterome Trust ranks #574 out of 1634 companies in the Asset Management industry, placing it in the top 35.1%.
Is Metrics Masterome Trust's Return-on-Tangible-Asset too high?
Metrics Masterome Trust's current Return-on-Tangible-Asset of 7.68% is 61% above median its 10-year median of 4.76. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 8.90. The Asset Management industry median Return-on-Tangible-Asset is 4.16. Metrics Masterome Trust's value of 7.68% is 84.8% above this industry median. Based on the distribution chart, Metrics Masterome Trust ranks #574 out of 1634 companies in the Asset Management industry, which is above the industry midpoint. Overall, Metrics Masterome Trust has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metrics Masterome Trust's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Metrics Masterome Trust ranks #574 out of 1634 companies for Return-on-Tangible-Asset. This puts Metrics Masterome Trust in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.16. Metrics Masterome Trust's value of 7.68% is 84.8% above this benchmark. Historically, Metrics Masterome Trust's own Return-on-Tangible-Asset has ranged from 2.91 to 8.90 over the past decade. While the company's 10-year median is 4.76 vs. the industry median of 4.16, Metrics Masterome Trust 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 4.16, 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. Metrics Masterome Trust's current Return-on-Tangible-Asset of 7.68% is 84.8% 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 Metrics Masterome Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metrics Masterome Trust's current Return-on-Tangible-Asset is 7.68%, which is 61% above median its own 10-year median of 4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metrics Masterome Trust stock overvalued right now?
Based on GuruFocus' analysis, Metrics Masterome Trust (ASX:MXT) is currently considered Fairly Valued. The stock's GF Value™ is A$2.12, compared to a current price of A$1.94 — trading 8.7% below its estimated fair value. The current Return-on-Tangible-Asset is 7.68%, which is 61% above median its 10-year median of 4.76 and 84.8% above the Asset Management industry median of 4.16. Metrics Masterome Trust's overall GF Score™ is 75/100 with 5 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 Metrics Masterome Trust (ASX:MXT), the current Return-on-Tangible-Asset is 7.68% 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 Metrics Masterome Trust (ASX:MXT) Overvalued in 2026?

Based on GuruFocus' analysis, Metrics Masterome Trust stock appears to be undervalued. The current stock price of A$1.94 is trading 8.7% below its estimated GF Value™ of A$2.12. GuruFocus considers Metrics Masterome Trust to be Fairly Valued.

Key valuation signals for ASX:MXT:

  • Return-on-Tangible-Asset: 7.68% (61% above median its 10-year median of 4.76)
  • GF Value™: A$2.12 vs. price of A$1.94 (8.7% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 84.8% above the Asset Management median (#574 of 1634)

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


Metrics Masterome Trust Business Description

Address 123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Metrics Master Income Trust is a non-bank corporate lender and alternative asset manager specialising in fixed income, private credit, equity, and capital markets. It provides service to the Australian private debt market to investors ranging from individuals to institutions.
75GF Score

Get the complete analysis for ASX:MXT

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.94
Price
A$2.12
GF Value