Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mutares SE KGaACHIX:MUXD 46 Return-on-Tangible-Asset is 1.54% as of Mar. 2026, which is 46% below its 10-year median of 2.84. GuruFocus rates CHIX:MUXD with a GF Score™ of 46/100. The stock has 6 warning signs investors should review. Among 1,633 Asset Management companies, Mutares SE KGaA ranks worse than 66.69% 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. Mutares SE KGaA's annualizedNet Income for the quarter that ended in Mar. 2026 was €76 Mil. Mutares SE KGaA's average total tangible assets for the quarter that ended in Mar. 2026 was €4,922 Mil. Therefore, Mutares SE KGaA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.54%.
The historical rank and industry rank for Mutares SE KGaA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:MUXd'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.98 Med: 2.84 Max: 24.43
Current: 1.21
During the past 13 years, Mutares SE KGaA's highest Return-on-Tangible-Asset was 24.43%. The lowest was -9.98%. And the median was 2.84%.
CHIX:MUXd's Return-on-Tangible-Asset is ranked worse than 66.69% of 1633
companies
in the Asset Management industry
Industry Median: 4.25
vs CHIX:MUXd: 1.21
Mutares SE KGaA (CHIX:MUXd) 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.
Mutares SE KGaA Return-on-Tangible-Asset Related Terms
Mutares SE KGaA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mutares SE KGaA'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:MUXD vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Mutares SE KGaA'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.
Mutares SE KGaA Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Mutares SE KGaA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mutares SE KGaA'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 1.54% mean?
Mutares SE KGaA (CHIX:MUXD) has a Return-on-Tangible-Asset of 1.54% 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 Mutares SE KGaA and its competitors. This is 46% below median its historical median of 2.84. According to the industry distribution chart, Mutares SE KGaA ranks #1089 out of 1633 companies in the Asset Management industry, placing it in the top 66.7%.
Is Mutares SE KGaA's Return-on-Tangible-Asset too high?
Mutares SE KGaA's current Return-on-Tangible-Asset of 1.54% is 46% below median its 10-year median of 2.84. The Asset Management industry median Return-on-Tangible-Asset is 4.25. Mutares SE KGaA's value of 1.54% is 63.8% below this industry median. Based on the distribution chart, Mutares SE KGaA ranks #1089 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Mutares SE KGaA has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Mutares SE KGaA's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Mutares SE KGaA ranks #1089 out of 1633 companies for Return-on-Tangible-Asset. This places Mutares SE KGaA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.25. Mutares SE KGaA's value of 1.54% is 63.8% below this benchmark. While the company's 10-year median is 2.84 vs. the industry median of 4.25, Mutares SE KGaA 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.25, based on 1,633 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. Mutares SE KGaA's current Return-on-Tangible-Asset of 1.54% is 63.8% 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 Mutares SE KGaA and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mutares SE KGaA's current Return-on-Tangible-Asset is 1.54%, which is 46% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutares SE KGaA stock overvalued right now?
Mutares SE KGaA (CHIX:MUXD) has a current Return-on-Tangible-Asset of 1.54%. The current Return-on-Tangible-Asset is 1.54%, which is 46% below median its 10-year median of 2.84 and 63.8% below the Asset Management industry median of 4.25. Mutares SE KGaA's overall GF Score™ is 46/100 with 6 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 Mutares SE KGaA (CHIX:MUXD), the current Return-on-Tangible-Asset is 1.54% 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.
Mutares SE & Co KGaA is a holding company. Its primary business is to acquire small and medium-sized companies in special situations. The company's operating segment includes the Automotive & Mobility segment includes the acquired companies that are engaged in the supplying of rubber mouldings, components for commercial vehicles, and others; the Engineering and Technology segment includes acquired companies that are engaged in the supplying of coating for oil and gas pipelines, components for increasing efficiency, provider of steel structures, roof and facade systems, and others; Goods and services segment includes acquired companies that are engaged in the manufacturing of packaging solutions, iron wire, paper household products, and logistics services.
46GF Score
Get the complete analysis for CHIX:MUXD
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:MUXD has been successfully added to your 
