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mm2 AsiaFRA:1MMA Return-on-Tangible-Asset is -195.38% as of Mar. 2026. The stock has 5 warning signs investors should review.
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. mm2 Asia's annualizedNet Income for the quarter that ended in Mar. 2026 was €-225.18 Mil. mm2 Asia's average total tangible assets for the quarter that ended in Mar. 2026 was €115.25 Mil. Therefore, mm2 Asia's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -195.38%.
The historical rank and industry rank for mm2 Asia's Return-on-Tangible-Asset or its related term are showing as below:
FRA:1MMA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -105.92 Med: -6.32 Max: 22.4
Current: -96.03
During the past 13 years, mm2 Asia's highest Return-on-Tangible-Asset was 22.40%. The lowest was -105.92%. And the median was -6.32%.
FRA:1MMA's Return-on-Tangible-Asset is not ranked
in the Media - Diversified industry.
Industry Median: 0.83
vs FRA:1MMA: -96.03
mm2 Asia (FRA:1MMA) 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.
mm2 Asia Return-on-Tangible-Asset Related Terms
mm2 Asia Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for mm2 Asia'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.
FRA:1MMA vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, mm2 Asia'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.
mm2 Asia Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, mm2 Asia's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where mm2 Asia'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -195.38% mean?
mm2 Asia (FRA:1MMA) has a Return-on-Tangible-Asset of -195.38% 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 mm2 Asia and its competitors.
Is mm2 Asia's Return-on-Tangible-Asset too high?
mm2 Asia's current Return-on-Tangible-Asset is -195.38%.
How does mm2 Asia's Return-on-Tangible-Asset compare to NFLX and DIS?
mm2 Asia's Return-on-Tangible-Asset of -195.38% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Asset is 0.83. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.83, based on 1,030 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. 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 mm2 Asia and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. mm2 Asia's current Return-on-Tangible-Asset is -195.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is mm2 Asia stock overvalued right now?
mm2 Asia (FRA:1MMA) has a current Return-on-Tangible-Asset of -195.38%. The stock's GF Value™ is €0.01, compared to a current price of €0.00 — trading 90% below its estimated fair value. The current Return-on-Tangible-Asset is -195.38%. 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 mm2 Asia (FRA:1MMA), the current Return-on-Tangible-Asset is -195.38% 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.
mm2 Asia Ltd Asia Ltd's core business lies in film, TV, and online content production, distribution, and sponsorship. across the content, entertainment, cinema, event, and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China, and the United States of America. The company's reportable segments include Core business, Digital content production, Cinema operations, Concerts and events, and others. The Cinema operations segment refers to sales of cinema tickets and concessions, hall rental, and screen advertising. The Core business segment refers to the group's production and distribution of motion pictures, video and television programs, and sponsorship. It generates maximum revenue from the Core segment. Geographically, it derives a majority of its revenue from Singapore.
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