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Misr National SteelCAI:ATQA 72 Return-on-Tangible-Asset is 1.15% as of Mar. 2026, which is 90% below its 10-year median of 11.34. GuruFocus rates CAI:ATQA with a GF Score™ of 72/100 and a GF Value™ of E£11.68 (Fairly Valued). The stock has 8 warning signs investors should review. Among 633 Steel companies, Misr National Steel ranks worse than 72.35% 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. Misr National Steel's annualizedNet Income for the quarter that ended in Mar. 2026 was E£48 Mil. Misr National Steel's average total tangible assets for the quarter that ended in Mar. 2026 was E£4,177 Mil. Therefore, Misr National Steel's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.15%.
The historical rank and industry rank for Misr National Steel's Return-on-Tangible-Asset or its related term are showing as below:
CAI:ATQA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.44 Med: 11.34 Max: 17.85
Current: -0.44
During the past 13 years, Misr National Steel's highest Return-on-Tangible-Asset was 17.85%. The lowest was -0.44%. And the median was 11.34%.
CAI:ATQA's Return-on-Tangible-Asset is ranked worse than 72.35% of 633
companies
in the Steel industry
Industry Median: 2.31
vs CAI:ATQA: -0.44
Misr National Steel (CAI:ATQA) 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.
Misr National Steel Return-on-Tangible-Asset Related Terms
Misr National Steel Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Misr National Steel'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.
Misr National Steel Return-on-Tangible-Asset Chart
CAI:ATQA vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Misr National Steel'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.
Misr National Steel Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Misr National Steel's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Misr National Steel'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.15% mean?
Misr National Steel (CAI:ATQA) has a Return-on-Tangible-Asset of 1.15% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Misr National Steel and its competitors. This is 90% below median its historical median of 11.34. According to the industry distribution chart, Misr National Steel ranks #458 out of 633 companies in the Steel industry, placing it in the top 72.4%.
Is Misr National Steel's Return-on-Tangible-Asset too high?
Misr National Steel's current Return-on-Tangible-Asset of 1.15% is 90% below median its 10-year median of 11.34. The Steel industry median Return-on-Tangible-Asset is 2.31. Misr National Steel's value of 1.15% is 50.2% below this industry median. Based on the distribution chart, Misr National Steel ranks #458 out of 633 companies in the Steel industry, which is below the industry midpoint. Overall, Misr National Steel has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Misr National Steel's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Misr National Steel ranks #458 out of 633 companies for Return-on-Tangible-Asset. This places Misr National Steel in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.31. Misr National Steel's value of 1.15% is 50.2% below this benchmark. While the company's 10-year median is 11.34 vs. the industry median of 2.31, Misr National Steel has consistently been below 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 2.31, based on 633 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. Misr National Steel's current Return-on-Tangible-Asset of 1.15% is 50.2% below 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 Misr National Steel and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Misr National Steel's current Return-on-Tangible-Asset is 1.15%, which is 90% below median its own 10-year median of 11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Misr National Steel stock overvalued right now?
Based on GuruFocus' analysis, Misr National Steel (CAI:ATQA) is currently considered Fairly Valued. The stock's GF Value™ is E£11.68, compared to a current price of E£11.04 — trading 5.5% below its estimated fair value. The current Return-on-Tangible-Asset is 1.15%, which is 90% below median its 10-year median of 11.34 and 50.2% below the Steel industry median of 2.31. Misr National Steel's overall GF Score™ is 72/100 with 8 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 Misr National Steel (CAI:ATQA), the current Return-on-Tangible-Asset is 1.15% as of Mar. 2026. 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 Misr National Steel (CAI:ATQA) Overvalued in 2026?
Based on GuruFocus' analysis, Misr National Steel stock appears to be undervalued.
The current stock price of E£11.04 is trading 5.5% below its estimated GF Value™ of E£11.68.
GuruFocus considers Misr National Steel to be Fairly Valued.
Key valuation signals for CAI:ATQA:
Return-on-Tangible-Asset: 1.15% (90% below median its 10-year median of 11.34)
GF Value™: E£11.68 vs. price of E£11.04 (5.5% below fair value)
Industry Position: 50.2% below the Steel median (#458 of 633)
No single metric tells the full story. See the CAI:ATQA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Misr National Steel is engaged in the rolling and shaping of reinforcing steel and the purchasing, pressing, and cutting of scrap. Its products are rebars, including specifications, chemical composition, and dimensions.
72GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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