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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. Microvast Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was €-41.6 Mil. Microvast Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was €828.4 Mil. Therefore, Microvast Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -5.02%.
The historical rank and industry rank for Microvast Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:2OZA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.59 Med: -14.49 Max: 5.24
Current: 5.24
During the past 7 years, Microvast Holdings's highest Return-on-Tangible-Asset was 5.24%. The lowest was -31.59%. And the median was -14.49%.
FRA:2OZA's Return-on-Tangible-Asset is ranked better than 65.52% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs FRA:2OZA: 5.24
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.
Microvast Holdings Return-on-Tangible-Asset Related Terms
Microvast Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Microvast Holdings'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:2OZA vs MPAA, HLLY, SRI: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Microvast Holdings'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.
Microvast Holdings Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Microvast Holdings'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -5.02% mean?
Microvast Holdings (FRA:2OZA) has a Return-on-Tangible-Asset of -5.02% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Microvast Holdings and its competitors. According to the industry distribution chart, Microvast Holdings ranks #460 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 34.5%.
Is Microvast Holdings' Return-on-Tangible-Asset too high?
Microvast Holdings' current Return-on-Tangible-Asset is -5.02%. Based on the distribution chart, Microvast Holdings ranks #460 out of 1334 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Microvast Holdings has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Return-on-Tangible-Asset compare to MPAA and HLLY?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #460 out of 1334 companies for Return-on-Tangible-Asset. This puts Microvast Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.35. 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, based on 1,334 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 Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current Return-on-Tangible-Asset is -5.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (FRA:2OZA) is currently considered Possible Value Trap. The stock's GF Value™ is €1.31, compared to a current price of €0.67 — trading 48.8% below its estimated fair value. The current Return-on-Tangible-Asset is -5.02%. Microvast Holdings' overall GF Score™ is 67/100 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 Microvast Holdings (FRA:2OZA), the current Return-on-Tangible-Asset is -5.02% as of Jun. 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 Microvast Holdings (FRA:2OZA) Overvalued in 2026?
Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued.
The current stock price of €0.67 is trading 48.8% below its estimated GF Value™ of €1.31.
GuruFocus considers Microvast Holdings to be Possible Value Trap.
Key valuation signals for FRA:2OZA:
Return-on-Tangible-Asset: -5.02%
GF Value™: €1.31 vs. price of €0.67 (48.8% below fair value)
No single metric tells the full story. See the FRA:2OZA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
67GF Score
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