Mayfield Group HoldingsASX:MYG -3.13%75 Return-on-Tangible-Asset is 10.96% as of Dec. 2025, which is 3814% above its 10-year median of 0.28. GuruFocus rates ASX:MYG with a GF Score™ of 75/100 and a GF Value™ of A$1.42 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,505 Hardware companies, Mayfield Group Holdings ranks better than 91.78% 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. Mayfield Group Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was A$9.0 Mil. Mayfield Group Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was A$82.4 Mil. Therefore, Mayfield Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.96%.
The historical rank and industry rank for Mayfield Group Holdings's Return-on-Tangible-Asset or its related term are showing as below:
ASX:MYG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -90.87 Med: 0.28 Max: 200.7
Current: 12.65
During the past 13 years, Mayfield Group Holdings's highest Return-on-Tangible-Asset was 200.70%. The lowest was -90.87%. And the median was 0.28%.
ASX:MYG's Return-on-Tangible-Asset is ranked better than 91.78% of 2505
companies
in the Hardware industry
Industry Median: 2.43
vs ASX:MYG: 12.65
Mayfield Group Holdings (ASX:MYG) 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.
Mayfield Group Holdings Return-on-Tangible-Asset Related Terms
Mayfield Group Holdings Return-on-Tangible-Asset Historical Data
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The historical data trend for Mayfield Group Holdings'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.
Mayfield Group Holdings Return-on-Tangible-Asset Chart
ASX:MYG vs CSCO, CIEN, MSI: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Mayfield Group Holdings'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.
Mayfield Group Holdings Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Mayfield Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mayfield Group Holdings'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 10.96% mean?
Mayfield Group Holdings (ASX:MYG) has a Return-on-Tangible-Asset of 10.96% 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 Mayfield Group Holdings and its competitors. This is 3814% above median its historical median of 0.28. According to the industry distribution chart, Mayfield Group Holdings ranks #206 out of 2505 companies in the Hardware industry, placing it in the top 8.2%.
Is Mayfield Group Holdings' Return-on-Tangible-Asset too high?
Mayfield Group Holdings' current Return-on-Tangible-Asset of 10.96% is 3814% above median its 10-year median of 0.28. The Hardware industry median Return-on-Tangible-Asset is 2.43. Mayfield Group Holdings' value of 10.96% is 351% above this industry median. Based on the distribution chart, Mayfield Group Holdings ranks #206 out of 2505 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mayfield Group Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayfield Group Holdings' Return-on-Tangible-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Mayfield Group Holdings ranks #206 out of 2505 companies for Return-on-Tangible-Asset. This places Mayfield Group Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.43. Mayfield Group Holdings' value of 10.96% is 351% above this benchmark. While the company's 10-year median is 0.28 vs. the industry median of 2.43, Mayfield Group Holdings 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 a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.43, based on 2,505 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. Mayfield Group Holdings's current Return-on-Tangible-Asset of 10.96% is 351% 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 Mayfield Group Holdings and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayfield Group Holdings's current Return-on-Tangible-Asset is 10.96%, which is 3814% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayfield Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mayfield Group Holdings (ASX:MYG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.42, compared to a current price of A$2.48 — trading 74.6% above its estimated fair value. The current Return-on-Tangible-Asset is 10.96%, which is 3814% above median its 10-year median of 0.28 and 351% above the Hardware industry median of 2.43. Mayfield Group Holdings' overall GF Score™ is 75/100 with 1 warning sign 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 Mayfield Group Holdings (ASX:MYG), the current Return-on-Tangible-Asset is 10.96% 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 Mayfield Group Holdings (ASX:MYG) Overvalued in 2026?
Based on GuruFocus' analysis, Mayfield Group Holdings stock appears to be overvalued.
The current stock price of A$2.48 is trading 74.6% above its estimated GF Value™ of A$1.42.
GuruFocus considers Mayfield Group Holdings to be Significantly Overvalued.
Key valuation signals for ASX:MYG:
Return-on-Tangible-Asset: 10.96% (3814% above median its 10-year median of 0.28)
GF Value™: A$1.42 vs. price of A$2.48 (74.6% above fair value)
Industry Position: 351% above the Hardware median (#206 of 2505)
No single metric tells the full story. See the ASX:MYG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayfield Group Holdings Ltd participates in the electrical and telecommunications infrastructure industry, providing products and services for every stage of the lifecycle. Its principal activities include manufacturing of switchboards, transportable switchrooms and electrical protection panels; provision of telecommunications and power quality solutions and services; and supply of power quality solutions and maintenance of electrical and telecommunication infrastructure. The majority of the group's revenue is derived from the sale of manufactured products. It operates mainly in one operating segment, namely electrical and telecommunications infrastructure, and one geographical segment, namely Australia.
75GF Score
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