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Metawater CoFRA:2MW +1.81%93 Return-on-Tangible-Asset is 14.81% as of Mar. 2026, which is 209% above its 10-year median of 4.79. GuruFocus rates FRA:2MW with a GF Score™ of 93/100 and a GF Value™ of €14.32 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 3,076 Industrial Products companies, Metawater Co ranks better than 62.84% 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. Metawater Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €149 Mil. Metawater Co's average total tangible assets for the quarter that ended in Mar. 2026 was €1,009 Mil. Therefore, Metawater Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.81%.
The historical rank and industry rank for Metawater Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:2MW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.44 Med: 4.79 Max: 5.54
Current: 5.14
During the past 13 years, Metawater Co's highest Return-on-Tangible-Asset was 5.54%. The lowest was 3.44%. And the median was 4.79%.
FRA:2MW's Return-on-Tangible-Asset is ranked better than 62.84% of 3076
companies
in the Industrial Products industry
Industry Median: 3.26
vs FRA:2MW: 5.14
Metawater Co (FRA:2MW) 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.
Metawater Co Return-on-Tangible-Asset Related Terms
Metawater Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Metawater Co'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:2MW vs VLTO, ZWS, CECO: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Metawater Co'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.
Metawater Co Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Metawater Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Metawater Co'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 14.81% mean?
Metawater Co (FRA:2MW) has a Return-on-Tangible-Asset of 14.81% 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 Metawater Co and its competitors. This is 209% above median its historical median of 4.79. Over the past decade, Metawater Co's Return-on-Tangible-Asset has ranged from 3.44 to 5.54. According to the industry distribution chart, Metawater Co ranks #1143 out of 3076 companies in the Industrial Products industry, placing it in the top 37.2%.
Is Metawater Co's Return-on-Tangible-Asset too high?
Metawater Co's current Return-on-Tangible-Asset of 14.81% is 209% above median its 10-year median of 4.79. Over the past 10 years, this metric has ranged from a low of 3.44 to a high of 5.54. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Metawater Co's value of 14.81% is 354.3% above this industry median. Based on the distribution chart, Metawater Co ranks #1143 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Metawater Co has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metawater Co's Return-on-Tangible-Asset compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Metawater Co ranks #1143 out of 3076 companies for Return-on-Tangible-Asset. This puts Metawater Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.26. Metawater Co's value of 14.81% is 354.3% above this benchmark. Historically, Metawater Co's own Return-on-Tangible-Asset has ranged from 3.44 to 5.54 over the past decade. While the company's 10-year median is 4.79 vs. the industry median of 3.26, Metawater Co 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.26, based on 3,076 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. Metawater Co's current Return-on-Tangible-Asset of 14.81% is 354.3% 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 Metawater Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metawater Co's current Return-on-Tangible-Asset is 14.81%, which is 209% above median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metawater Co stock overvalued right now?
Based on GuruFocus' analysis, Metawater Co (FRA:2MW) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.32, compared to a current price of €16.90 — trading 18% above its estimated fair value. The current Return-on-Tangible-Asset is 14.81%, which is 209% above median its 10-year median of 4.79 and 354.3% above the Industrial Products industry median of 3.26. Metawater Co's overall GF Score™ is 93/100 with 3 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 Metawater Co (FRA:2MW), the current Return-on-Tangible-Asset is 14.81% 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 Metawater Co (FRA:2MW) Overvalued in 2026?
Based on GuruFocus' analysis, Metawater Co stock appears to be overvalued.
The current stock price of €16.90 is trading 18% above its estimated GF Value™ of €14.32.
GuruFocus considers Metawater Co to be Modestly Overvalued.
Key valuation signals for FRA:2MW:
Return-on-Tangible-Asset: 14.81% (209% above median its 10-year median of 4.79)
GF Value™: €14.32 vs. price of €16.90 (18% above fair value)
Industry Position: 354.3% above the Industrial Products median (#1143 of 3076)
No single metric tells the full story. See the FRA:2MW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metawater Co Ltd is a Japan-based company, which offers optimum solutions for creating a circulation of water recourses while focusing on the plant engineering business and service solution business. It manufactures mechanical and electrical equipment for water and wastewater treatment. The company operates in two segments; Plant Engineering segment, which involves in the design, procurement and sale of mechanical and electrical equipment, used in water purification plants and sewage treatment plants; and the Service Solution segment involves in the repair, maintenance and operation management of mechanical and electrical equipment used in water purification plants and sewage treatment plants, providing equipment inspection, repair, maintenance, and other services.
93GF Score
Get the complete analysis for FRA:2MW
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