MEKO ABCHIX:MEKOS 69 Return-on-Tangible-Asset is 1.76% as of Mar. 2026, which is 72% below its 10-year median of 6.35. GuruFocus rates CHIX:MEKOS with a GF Score™ of 69/100 and a GF Value™ of kr122.34 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,335 Vehicles & Parts companies, MEKO AB ranks worse than 73.18% 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. MEKO AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr220 Mil. MEKO AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr12,516 Mil. Therefore, MEKO AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.76%.
The historical rank and industry rank for MEKO AB's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:MEKOs'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.31 Med: 6.35 Max: 12.98
Current: 0.34
During the past 13 years, MEKO AB's highest Return-on-Tangible-Asset was 12.98%. The lowest was 0.31%. And the median was 6.35%.
CHIX:MEKOs's Return-on-Tangible-Asset is ranked worse than 73.18% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 3.11
vs CHIX:MEKOs: 0.34
MEKO AB (CHIX:MEKOs) 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.
MEKO AB Return-on-Tangible-Asset Related Terms
MEKO AB Return-on-Tangible-Asset Historical Data
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The historical data trend for MEKO AB'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.
CHIX:MEKOS vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, MEKO AB'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.
MEKO AB Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MEKO AB'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 1.76% mean?
MEKO AB (CHIX:MEKOS) has a Return-on-Tangible-Asset of 1.76% 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 MEKO AB and its competitors. This is 72% below median its historical median of 6.35. Over the past decade, MEKO AB's Return-on-Tangible-Asset has ranged from 0.31 to 12.98. According to the industry distribution chart, MEKO AB ranks #977 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 73.2%.
Is MEKO AB's Return-on-Tangible-Asset too high?
MEKO AB's current Return-on-Tangible-Asset of 1.76% is 72% below median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 12.98. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.11. MEKO AB's value of 1.76% is 43.4% below this industry median. Based on the distribution chart, MEKO AB ranks #977 out of 1335 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, MEKO AB has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #977 out of 1335 companies for Return-on-Tangible-Asset. This places MEKO AB in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.11. MEKO AB's value of 1.76% is 43.4% below this benchmark. Historically, MEKO AB's own Return-on-Tangible-Asset has ranged from 0.31 to 12.98 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 3.11, MEKO AB 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.11, based on 1,335 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. MEKO AB's current Return-on-Tangible-Asset of 1.76% is 43.4% 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 MEKO AB and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEKO AB's current Return-on-Tangible-Asset is 1.76%, which is 72% below median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (CHIX:MEKOS) is currently considered Possible Value Trap. The stock's GF Value™ is kr122.34, compared to a current price of kr79.53 — trading 35% below its estimated fair value. The current Return-on-Tangible-Asset is 1.76%, which is 72% below median its 10-year median of 6.35 and 43.4% below the Vehicles & Parts industry median of 3.11. MEKO AB's overall GF Score™ is 69/100 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 MEKO AB (CHIX:MEKOS), the current Return-on-Tangible-Asset is 1.76% 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 MEKO AB (CHIX:MEKOS) Overvalued in 2026?
Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued.
The current stock price of kr79.53 is trading 35% below its estimated GF Value™ of kr122.34.
GuruFocus considers MEKO AB to be Possible Value Trap.
Key valuation signals for CHIX:MEKOS:
Return-on-Tangible-Asset: 1.76% (72% below median its 10-year median of 6.35)
GF Value™: kr122.34 vs. price of kr79.53 (35% below fair value)
Industry Position: 43.4% below the Vehicles & Parts median (#977 of 1335)
No single metric tells the full story. See the CHIX:MEKOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
69GF Score
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