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MevacoATH:MEVA +0.76%44 Return-on-Tangible-Asset is 15.01% as of Dec. 2025, which is 34% above its 10-year median of 11.16. GuruFocus rates ATH:MEVA with a GF Score™ of 44/100. The stock has 1 warning sign investors should review. Among 635 Steel companies, Mevaco ranks better than 96.22% 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. Mevaco's annualizedNet Income for the quarter that ended in Dec. 2025 was €10.08 Mil. Mevaco's average total tangible assets for the quarter that ended in Dec. 2025 was €67.16 Mil. Therefore, Mevaco's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 15.01%.
The historical rank and industry rank for Mevaco's Return-on-Tangible-Asset or its related term are showing as below:
ATH:MEVA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.3 Med: 11.16 Max: 15.01
Current: 15.01
During the past 2 years, Mevaco's highest Return-on-Tangible-Asset was 15.01%. The lowest was 7.30%. And the median was 11.16%.
ATH:MEVA's Return-on-Tangible-Asset is ranked better than 96.22% of 635
companies
in the Steel industry
Industry Median: 2.04
vs ATH:MEVA: 15.01
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.
Mevaco Return-on-Tangible-Asset Related Terms
Mevaco Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mevaco'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.
Mevaco Return-on-Tangible-Asset Chart
Mevaco Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Asset
7.30
15.01
Mevaco Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Asset
7.30
15.01
ATH:MEVA vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Mevaco'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.
Mevaco Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Mevaco's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mevaco'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 one times the annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 15.01% mean?
Mevaco (ATH:MEVA) has a Return-on-Tangible-Asset of 15.01% 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 Mevaco and its competitors. This is 34% above median its historical median of 11.16. Over the past decade, Mevaco's Return-on-Tangible-Asset has ranged from 7.30 to 15.01. According to the industry distribution chart, Mevaco ranks #24 out of 635 companies in the Steel industry, placing it in the top 3.8%.
Is Mevaco's Return-on-Tangible-Asset too high?
Mevaco's current Return-on-Tangible-Asset of 15.01% is 34% above median its 10-year median of 11.16. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 15.01. The Steel industry median Return-on-Tangible-Asset is 2.04. Mevaco's value of 15.01% is 635.8% above this industry median. Based on the distribution chart, Mevaco ranks #24 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mevaco has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Mevaco's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Mevaco ranks #24 out of 635 companies for Return-on-Tangible-Asset. This places Mevaco in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Mevaco's value of 15.01% is 635.8% above this benchmark. Historically, Mevaco's own Return-on-Tangible-Asset has ranged from 7.30 to 15.01 over the past decade. While the company's 10-year median is 11.16 vs. the industry median of 2.04, Mevaco 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.04, based on 635 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. Mevaco's current Return-on-Tangible-Asset of 15.01% is 635.8% 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 Mevaco and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mevaco's current Return-on-Tangible-Asset is 15.01%, which is 34% above median its own 10-year median of 11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mevaco stock overvalued right now?
Mevaco (ATH:MEVA) has a current Return-on-Tangible-Asset of 15.01%. The current Return-on-Tangible-Asset is 15.01%, which is 34% above median its 10-year median of 11.16 and 635.8% above the Steel industry median of 2.04. Mevaco's overall GF Score™ is 44/100 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 Mevaco (ATH:MEVA), the current Return-on-Tangible-Asset is 15.01% 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.
Mevaco SA is engaged in the production of steel and aluminium sheet and similar metal and plastic products. The company mainly produces metallic items and products with basic raw material levels of steel sheets, stainless steel sheets, aluminum, copper, brass, acrylic sheets as well as metal structures of average weight for customers.
44GF Score
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