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Melexis NVCHIX:MELEB 88 Return-on-Tangible-Asset is 10.55% as of Mar. 2026, which is 63% below its 10-year median of 28.61. GuruFocus rates CHIX:MELEB with a GF Score™ of 88/100 and a GF Value™ of €69.29 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,027 Semiconductors companies, Melexis NV ranks better than 77.7% 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. Melexis NV's annualizedNet Income for the quarter that ended in Mar. 2026 was €92.4 Mil. Melexis NV's average total tangible assets for the quarter that ended in Mar. 2026 was €875.7 Mil. Therefore, Melexis NV's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.55%.
The historical rank and industry rank for Melexis NV's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:MELEb'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.32 Med: 28.61 Max: 38.13
Current: 9.32
During the past 13 years, Melexis NV's highest Return-on-Tangible-Asset was 38.13%. The lowest was 9.32%. And the median was 28.61%.
CHIX:MELEb's Return-on-Tangible-Asset is ranked better than 77.7% of 1027
companies
in the Semiconductors industry
Industry Median: 2.63
vs CHIX:MELEb: 9.32
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.
Melexis NV Return-on-Tangible-Asset Related Terms
Melexis NV Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Melexis NV'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:MELEB vs NVDA, AVGO, MU: Return-on-Tangible-Asset Comparison
For the Semiconductors subindustry, Melexis NV'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.
Melexis NV Return-on-Tangible-Asset vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Melexis NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Melexis NV'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 10.55% mean?
Melexis NV (CHIX:MELEB) has a Return-on-Tangible-Asset of 10.55% 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 Melexis NV and its competitors. This is 63% below median its historical median of 28.61. Over the past decade, Melexis NV's Return-on-Tangible-Asset has ranged from 9.32 to 38.13. According to the industry distribution chart, Melexis NV ranks #229 out of 1027 companies in the Semiconductors industry, placing it in the top 22.3%.
Is Melexis NV's Return-on-Tangible-Asset too high?
Melexis NV's current Return-on-Tangible-Asset of 10.55% is 63% below median its 10-year median of 28.61. Over the past 10 years, this metric has ranged from a low of 9.32 to a high of 38.13. The Semiconductors industry median Return-on-Tangible-Asset is 2.63. Melexis NV's value of 10.55% is 301.1% above this industry median. Based on the distribution chart, Melexis NV ranks #229 out of 1027 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Melexis NV has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melexis NV's Return-on-Tangible-Asset compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Melexis NV ranks #229 out of 1027 companies for Return-on-Tangible-Asset. This places Melexis NV in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.63. Melexis NV's value of 10.55% is 301.1% above this benchmark. Historically, Melexis NV's own Return-on-Tangible-Asset has ranged from 9.32 to 38.13 over the past decade. While the company's 10-year median is 28.61 vs. the industry median of 2.63, Melexis NV 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 Semiconductors company?
The median Return-on-Tangible-Asset among Semiconductors companies is 2.63, based on 1,027 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. Melexis NV's current Return-on-Tangible-Asset of 10.55% is 301.1% 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 Melexis NV and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Asset is 2.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melexis NV's current Return-on-Tangible-Asset is 10.55%, which is 63% below median its own 10-year median of 28.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melexis NV stock overvalued right now?
Based on GuruFocus' analysis, Melexis NV (CHIX:MELEB) is currently considered Modestly Overvalued. The stock's GF Value™ is €69.29, compared to a current price of €84.18 — trading 21.5% above its estimated fair value. The current Return-on-Tangible-Asset is 10.55%, which is 63% below median its 10-year median of 28.61 and 301.1% above the Semiconductors industry median of 2.63. Melexis NV's overall GF Score™ is 88/100 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 Melexis NV (CHIX:MELEB), the current Return-on-Tangible-Asset is 10.55% 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 Melexis NV (CHIX:MELEB) Overvalued in 2026?
Based on GuruFocus' analysis, Melexis NV stock appears to be overvalued.
The current stock price of €84.18 is trading 21.5% above its estimated GF Value™ of €69.29.
GuruFocus considers Melexis NV to be Modestly Overvalued.
Key valuation signals for CHIX:MELEB:
Return-on-Tangible-Asset: 10.55% (63% below median its 10-year median of 28.61)
GF Value™: €69.29 vs. price of €84.18 (21.5% above fair value)
Industry Position: 301.1% above the Semiconductors median (#229 of 1027)
No single metric tells the full story. See the CHIX:MELEB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melexis designs analog/mixed-signal automotive semiconductors for the automobile industry. Its chips measure position, temperature, electrical current, and pressure and convert real-world signals into digital signals to control car functionalities like the powertrain, rotation, safety systems, and pumps and fans, among others.
88GF Score
Get the complete analysis for CHIX:MELEB
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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