MT Hojgaard Holding ASCHIX:MTHHC 86 Return-on-Tangible-Asset is 4.45% as of Mar. 2026, which is 81% above its 10-year median of 2.46. GuruFocus rates CHIX:MTHHC with a GF Score™ of 86/100 and a GF Value™ of kr238.34. The stock has 2 warning signs investors should review. Among 1,780 Construction companies, MT Hojgaard Holding AS ranks better than 70.17% 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. MT Hojgaard Holding AS's annualizedNet Income for the quarter that ended in Mar. 2026 was kr168 Mil. MT Hojgaard Holding AS's average total tangible assets for the quarter that ended in Mar. 2026 was kr3,776 Mil. Therefore, MT Hojgaard Holding AS's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.45%.
The historical rank and industry rank for MT Hojgaard Holding AS's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:MTHHc'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.33 Med: 2.46 Max: 6.61
Current: 6.25
During the past 13 years, MT Hojgaard Holding AS's highest Return-on-Tangible-Asset was 6.61%. The lowest was -16.33%. And the median was 2.46%.
CHIX:MTHHc's Return-on-Tangible-Asset is ranked better than 70.17% of 1780
companies
in the Construction industry
Industry Median: 3.025
vs CHIX:MTHHc: 6.25
MT Hojgaard Holding AS (CHIX:MTHHc) 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.
MT Hojgaard Holding AS Return-on-Tangible-Asset Related Terms
MT Hojgaard Holding AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MT Hojgaard Holding AS'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.
MT Hojgaard Holding AS Return-on-Tangible-Asset Chart
CHIX:MTHHC vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, MT Hojgaard Holding AS'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.
MT Hojgaard Holding AS Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, MT Hojgaard Holding AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MT Hojgaard Holding AS'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 4.45% mean?
MT Hojgaard Holding AS (CHIX:MTHHC) has a Return-on-Tangible-Asset of 4.45% 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 MT Hojgaard Holding AS and its competitors. This is 81% above median its historical median of 2.46. According to the industry distribution chart, MT Hojgaard Holding AS ranks #531 out of 1780 companies in the Construction industry, placing it in the top 29.8%.
Is MT Hojgaard Holding AS's Return-on-Tangible-Asset too high?
MT Hojgaard Holding AS's current Return-on-Tangible-Asset of 4.45% is 81% above median its 10-year median of 2.46. The Construction industry median Return-on-Tangible-Asset is 3.03. MT Hojgaard Holding AS's value of 4.45% is 47.1% above this industry median. Based on the distribution chart, MT Hojgaard Holding AS ranks #531 out of 1780 companies in the Construction industry, which is above the industry midpoint. Overall, MT Hojgaard Holding AS has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does MT Hojgaard Holding AS's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, MT Hojgaard Holding AS ranks #531 out of 1780 companies for Return-on-Tangible-Asset. This puts MT Hojgaard Holding AS in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.03. MT Hojgaard Holding AS's value of 4.45% is 47.1% above this benchmark. While the company's 10-year median is 2.46 vs. the industry median of 3.03, MT Hojgaard Holding AS 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.03, based on 1,780 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. MT Hojgaard Holding AS's current Return-on-Tangible-Asset of 4.45% is 47.1% 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 MT Hojgaard Holding AS and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MT Hojgaard Holding AS's current Return-on-Tangible-Asset is 4.45%, which is 81% above median its own 10-year median of 2.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MT Hojgaard Holding AS stock overvalued right now?
MT Hojgaard Holding AS (CHIX:MTHHC) has a current Return-on-Tangible-Asset of 4.45%. The stock's GF Value™ is kr238.34, compared to a current price of kr277.00 — trading 16.2% above its estimated fair value. The current Return-on-Tangible-Asset is 4.45%, which is 81% above median its 10-year median of 2.46 and 47.1% above the Construction industry median of 3.03. MT Hojgaard Holding AS's overall GF Score™ is 86/100 with 2 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 MT Hojgaard Holding AS (CHIX:MTHHC), the current Return-on-Tangible-Asset is 4.45% 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 MT Hojgaard Holding AS (CHIX:MTHHC) Overvalued in 2026?
Based on GuruFocus' analysis, MT Hojgaard Holding AS stock appears to be overvalued.
The current stock price of kr277.00 is trading 16.2% above its estimated GF Value™ of kr238.34.
Key valuation signals for CHIX:MTHHC:
Return-on-Tangible-Asset: 4.45% (81% above median its 10-year median of 2.46)
GF Value™: kr238.34 vs. price of kr277.00 (16.2% above fair value)
Industry Position: 47.1% above the Construction median (#531 of 1780)
No single metric tells the full story. See the CHIX:MTHHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MT Hojgaard Holding AS is engaged in developing, planning, and executing projects within new builds, civil engineering, infrastructure, refurbishment, and building transformation. The group's construction contracts comprise the construction of construction and civil engineering projects for private and public customers. The company derives revenue from Construction contracts, the Sale of land and buildings, and Services. Geographically, it operates in Denmark and the Rest of the world.
86GF Score
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