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Michelmersh Brick HoldingsFRA:MPO 80 Return-on-Tangible-Asset is 2.54% as of Dec. 2025, which is 60% below its 10-year median of 6.36. GuruFocus rates FRA:MPO with a GF Score™ of 80/100 and a GF Value™ of €1.11 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 410 Building Materials companies, Michelmersh Brick Holdings ranks better than 58.29% 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. Michelmersh Brick Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was €3.12 Mil. Michelmersh Brick Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was €122.78 Mil. Therefore, Michelmersh Brick Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.54%.
The historical rank and industry rank for Michelmersh Brick Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:MPO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.32 Med: 6.36 Max: 9.94
Current: 3.46
During the past 13 years, Michelmersh Brick Holdings's highest Return-on-Tangible-Asset was 9.94%. The lowest was 3.32%. And the median was 6.36%.
FRA:MPO's Return-on-Tangible-Asset is ranked better than 58.29% of 410
companies
in the Building Materials industry
Industry Median: 2.345
vs FRA:MPO: 3.46
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.
Michelmersh Brick Holdings Return-on-Tangible-Asset Related Terms
Michelmersh Brick Holdings Return-on-Tangible-Asset Historical Data
* 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:MPO vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Michelmersh Brick 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.
Michelmersh Brick Holdings Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Michelmersh Brick Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Michelmersh Brick 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 2.54% mean?
Michelmersh Brick Holdings (FRA:MPO) has a Return-on-Tangible-Asset of 2.54% 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 Michelmersh Brick Holdings and its competitors. This is 60% below median its historical median of 6.36. Over the past decade, Michelmersh Brick Holdings' Return-on-Tangible-Asset has ranged from 3.32 to 9.94. According to the industry distribution chart, Michelmersh Brick Holdings ranks #171 out of 410 companies in the Building Materials industry, placing it in the top 41.7%.
Is Michelmersh Brick Holdings' Return-on-Tangible-Asset too high?
Michelmersh Brick Holdings' current Return-on-Tangible-Asset of 2.54% is 60% below median its 10-year median of 6.36. Over the past 10 years, this metric has ranged from a low of 3.32 to a high of 9.94. The Building Materials industry median Return-on-Tangible-Asset is 2.35. Michelmersh Brick Holdings' value of 2.54% is 8.3% above this industry median. Based on the distribution chart, Michelmersh Brick Holdings ranks #171 out of 410 companies in the Building Materials industry, which is above the industry midpoint. Overall, Michelmersh Brick Holdings has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Michelmersh Brick Holdings' Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Michelmersh Brick Holdings ranks #171 out of 410 companies for Return-on-Tangible-Asset. This puts Michelmersh Brick Holdings in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.35. Michelmersh Brick Holdings' value of 2.54% is 8.3% above this benchmark. Historically, Michelmersh Brick Holdings' own Return-on-Tangible-Asset has ranged from 3.32 to 9.94 over the past decade. While the company's 10-year median is 6.36 vs. the industry median of 2.35, Michelmersh Brick Holdings 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.35, based on 410 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. Michelmersh Brick Holdings's current Return-on-Tangible-Asset of 2.54% is 8.3% 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 Michelmersh Brick Holdings and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michelmersh Brick Holdings's current Return-on-Tangible-Asset is 2.54%, which is 60% below median its own 10-year median of 6.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michelmersh Brick Holdings stock overvalued right now?
Based on GuruFocus' analysis, Michelmersh Brick Holdings (FRA:MPO) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.11, compared to a current price of €0.94 — trading 15.3% below its estimated fair value. The current Return-on-Tangible-Asset is 2.54%, which is 60% below median its 10-year median of 6.36 and 8.3% above the Building Materials industry median of 2.35. Michelmersh Brick Holdings' overall GF Score™ is 80/100 with 7 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 Michelmersh Brick Holdings (FRA:MPO), the current Return-on-Tangible-Asset is 2.54% 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 Michelmersh Brick Holdings (FRA:MPO) Overvalued in 2026?
Based on GuruFocus' analysis, Michelmersh Brick Holdings stock appears to be undervalued.
The current stock price of €0.94 is trading 15.3% below its estimated GF Value™ of €1.11.
GuruFocus considers Michelmersh Brick Holdings to be Modestly Undervalued.
Key valuation signals for FRA:MPO:
Return-on-Tangible-Asset: 2.54% (60% below median its 10-year median of 6.36)
GF Value™: €1.11 vs. price of €0.94 (15.3% below fair value)
Industry Position: 8.3% above the Building Materials median (#171 of 410)
No single metric tells the full story. See the FRA:MPO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Michelmersh Brick Holdings PLC is a business with brands, namely, Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh, Floren and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Ltd, and seeks to develop future landfill and development opportunities on ancillary land assets. It currently owns the UK's premium manufacturing brick brands and is a specification brick and clay paving manufacturer. Geographically, the majority is derived from the United Kingdom.
80GF Score
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