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Master Drilling GroupFRA:I49 61 Return-on-Tangible-Asset is 6.44% as of Dec. 2025, which is 10% below its 10-year median of 7.13. GuruFocus rates FRA:I49 with a GF Score™ of 61/100 and a GF Value™ of €0.84 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,781 Construction companies, Master Drilling Group ranks better than 77.93% 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. Master Drilling Group's annualizedNet Income for the quarter that ended in Dec. 2025 was €21.9 Mil. Master Drilling Group's average total tangible assets for the quarter that ended in Dec. 2025 was €340.2 Mil. Therefore, Master Drilling Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.44%.
The historical rank and industry rank for Master Drilling Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:I49'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.27 Med: 7.13 Max: 10.54
Current: 7.91
During the past 13 years, Master Drilling Group's highest Return-on-Tangible-Asset was 10.54%. The lowest was 1.27%. And the median was 7.13%.
FRA:I49's Return-on-Tangible-Asset is ranked better than 77.93% of 1781
companies
in the Construction industry
Industry Median: 3.05
vs FRA:I49: 7.91
Master Drilling Group (FRA:I49) 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.
Master Drilling Group Return-on-Tangible-Asset Related Terms
Master Drilling Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Master Drilling Group'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.
Master Drilling Group Return-on-Tangible-Asset Chart
FRA:I49 vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Master Drilling Group'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.
Master Drilling Group Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Master Drilling Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Master Drilling Group'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.44% mean?
Master Drilling Group (FRA:I49) has a Return-on-Tangible-Asset of 6.44% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Master Drilling Group and its competitors. This is 10% below median its historical median of 7.13. Over the past decade, Master Drilling Group's Return-on-Tangible-Asset has ranged from 1.27 to 10.54. According to the industry distribution chart, Master Drilling Group ranks #393 out of 1781 companies in the Construction industry, placing it in the top 22.1%.
Is Master Drilling Group's Return-on-Tangible-Asset too high?
Master Drilling Group's current Return-on-Tangible-Asset of 6.44% is 10% below median its 10-year median of 7.13. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 10.54. The Construction industry median Return-on-Tangible-Asset is 3.05. Master Drilling Group's value of 6.44% is 111.1% above this industry median. Based on the distribution chart, Master Drilling Group ranks #393 out of 1781 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Master Drilling Group has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Master Drilling Group's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Master Drilling Group ranks #393 out of 1781 companies for Return-on-Tangible-Asset. This places Master Drilling Group in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. Master Drilling Group's value of 6.44% is 111.1% above this benchmark. Historically, Master Drilling Group's own Return-on-Tangible-Asset has ranged from 1.27 to 10.54 over the past decade. While the company's 10-year median is 7.13 vs. the industry median of 3.05, Master Drilling Group 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 3.05, based on 1,781 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. Master Drilling Group's current Return-on-Tangible-Asset of 6.44% is 111.1% 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 Master Drilling Group and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Drilling Group's current Return-on-Tangible-Asset is 6.44%, which is 10% below median its own 10-year median of 7.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Drilling Group stock overvalued right now?
Based on GuruFocus' analysis, Master Drilling Group (FRA:I49) is currently considered Fairly Valued. The stock's GF Value™ is €0.84, compared to a current price of €0.89 — trading 6% above its estimated fair value. The current Return-on-Tangible-Asset is 6.44%, which is 10% below median its 10-year median of 7.13 and 111.1% above the Construction industry median of 3.05. Master Drilling Group's overall GF Score™ is 61/100 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 Master Drilling Group (FRA:I49), the current Return-on-Tangible-Asset is 6.44% as of Dec. 2025. 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 Master Drilling Group (FRA:I49) Overvalued in 2026?
Based on GuruFocus' analysis, Master Drilling Group stock appears to be overvalued.
The current stock price of €0.89 is trading 6% above its estimated GF Value™ of €0.84.
GuruFocus considers Master Drilling Group to be Fairly Valued.
Key valuation signals for FRA:I49:
Return-on-Tangible-Asset: 6.44% (10% below median its 10-year median of 7.13)
GF Value™: €0.84 vs. price of €0.89 (6% above fair value)
Industry Position: 111.1% above the Construction median (#393 of 1781)
No single metric tells the full story. See the FRA:I49 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master Drilling Group Ltd is an investment holding company. The company along with its subsidiary companies is engaged in providing specialized drilling services and solutions that enforce business rules, optimize output, safeguard miners, protect/manage assets and locate missing persons for blue-chip and mid-tier companies in the mining, civil engineering, construction and hydroelectric power sectors across a number of commodities and geographies. Its activities include the Sale of industrial products, Raise boring, Support services, Slim drilling, and New rock boring technology.
61GF Score
Get the complete analysis for FRA:I49
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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