IMYSF (Imerys) Return-on-Tangible-Asset: -22.48% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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IMYSF Imerys IMYSF
59 GF Score
Price $24.72
GF Value $31.72
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Imerys Return-on-Tangible-Asset?

Imerys IMYSF +3.41% 59 Return-on-Tangible-Asset is -22.48% as of Dec. 2025. GuruFocus rates IMYSF with a GF Score™ of 59/100 and a GF Value™ of $31.72 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,612 Chemicals companies, Imerys ranks worse than 90.51% 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. Imerys's annualized Net Income for the quarter that ended in Dec. 2025 was $-1,122 Mil. Imerys's average total tangible assets for the quarter that ended in Dec. 2025 was $4,992 Mil. Therefore, Imerys's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -22.48%.

The historical rank and industry rank for Imerys's Return-on-Tangible-Asset or its related term are showing as below:

IMYSF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.41   Med: 3.4   Max: 10.97
Current: -9.41

During the past 13 years, Imerys's highest Return-on-Tangible-Asset was 10.97%. The lowest was -9.41%. And the median was 3.40%.

IMYSF's Return-on-Tangible-Asset is ranked worse than
90.51% of 1612 companies
in the Chemicals industry
Industry Median: 3.08 vs IMYSF: -9.41

Imerys  (OTCPK:IMYSF) 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 company’s 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 company’s 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.


Imerys Return-on-Tangible-Asset Related Terms


Imerys Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Imerys'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.

Imerys Return-on-Tangible-Asset Chart

Imerys Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 4.30 0.97 -1.97 -9.72

Imerys Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.86 5.65 -9.90 3.45 -22.48

IMYSF vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Imerys'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.


Imerys Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Imerys's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Imerys's Return-on-Tangible-Asset falls into.


IMYSF
59GF Score
Imerys IMYSF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imerys Return-on-Tangible-Asset Calculation

Imerys's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-478.689/( (4650.053+5201.874)/ 2 )
=-478.689/4925.9635
=-9.72 %

Imerys's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-1122.482/( (4783.045+5201.874)/ 2 )
=-1122.482/4992.4595
=-22.48 %

* 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 -22.48% mean?
Imerys (IMYSF) has a Return-on-Tangible-Asset of -22.48% 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 Imerys and its competitors. According to the industry distribution chart, Imerys ranks #1459 out of 1612 companies in the Chemicals industry, placing it in the top 90.5%.
Is Imerys' Return-on-Tangible-Asset too high?
Imerys' current Return-on-Tangible-Asset is -22.48%. Based on the distribution chart, Imerys ranks #1459 out of 1612 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Imerys has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Imerys' Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Imerys ranks #1459 out of 1612 companies for Return-on-Tangible-Asset. This places Imerys in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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 Imerys and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imerys's current Return-on-Tangible-Asset is -22.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imerys stock overvalued right now?
Based on GuruFocus' analysis, Imerys (IMYSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.72, compared to a current price of $24.72 — trading 22.1% below its estimated fair value. The current Return-on-Tangible-Asset is -22.48%. Imerys' overall GF Score™ is 59/100 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 Imerys (IMYSF), the current Return-on-Tangible-Asset is -22.48% 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 Imerys (IMYSF) Overvalued in 2026?

Based on GuruFocus' analysis, Imerys stock appears to be undervalued. The current stock price of $24.72 is trading 22.1% below its estimated GF Value™ of $31.72. GuruFocus considers Imerys to be Modestly Undervalued.

Key valuation signals for IMYSF:

  • Return-on-Tangible-Asset: -22.48%
  • GF Value™: $31.72 vs. price of $24.72 (22.1% below fair value)
  • GF Score™: 59/100 with 7 warning signs

No single metric tells the full story. See the IMYSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imerys Business Description

Address 43 quai de Grenelle, Paris, FRA, 75015
Imerys manufactures and sells mineral-based specialty applications for multiple industries, including construction, renovation, iron and steel, and automotive. The company is organized into three activities: Performance Minerals comprises three geographic business areas - Europe, the Middle East and Africa, the Americas, and the Asia Pacific. It mainly serves the plastics, rubber, paints & coatings, filtration, renewable energy, and paper & board markets. The company operates in three segments: Performance Minerals, Refractory, Abrasives & Construction, and Solutions for Energy Transition. The majority of the revenue is generated from the Performance Minerals segment.
59GF Score

Get the complete analysis for IMYSF

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.72
Price
$31.72
GF Value