Johnson MattheyJMPLF 64 Return-on-Tangible-Asset is -2.77% as of Mar. 2026. GuruFocus rates JMPLF with a GF Score™ of 64/100 and a GF Value™ of $17.90 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,613 Chemicals companies, Johnson Matthey ranks worse than 78.12% 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. Johnson Matthey's annualizedNet Income for the quarter that ended in Mar. 2026 was $-208 Mil. Johnson Matthey's average total tangible assets for the quarter that ended in Mar. 2026 was $7,516 Mil. Therefore, Johnson Matthey's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.77%.
The historical rank and industry rank for Johnson Matthey's Return-on-Tangible-Asset or its related term are showing as below:
JMPLF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.72 Med: 4.46 Max: 10.97
Current: -1.72
During the past 13 years, Johnson Matthey's highest Return-on-Tangible-Asset was 10.97%. The lowest was -1.72%. And the median was 4.46%.
JMPLF's Return-on-Tangible-Asset is ranked worse than 78.12% of 1613
companies
in the Chemicals industry
Industry Median: 3.05
vs JMPLF: -1.72
Johnson Matthey (OTCPK:JMPLF) 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.
Johnson Matthey Return-on-Tangible-Asset Related Terms
Johnson Matthey Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Johnson Matthey'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.
JMPLF vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Johnson Matthey'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.
Johnson Matthey Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Johnson Matthey's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Johnson Matthey'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -2.77% mean?
Johnson Matthey (JMPLF) has a Return-on-Tangible-Asset of -2.77% 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 Johnson Matthey and its competitors. According to the industry distribution chart, Johnson Matthey ranks #1260 out of 1613 companies in the Chemicals industry, placing it in the top 78.1%.
Is Johnson Matthey's Return-on-Tangible-Asset too high?
Johnson Matthey's current Return-on-Tangible-Asset is -2.77%. Based on the distribution chart, Johnson Matthey ranks #1260 out of 1613 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Johnson Matthey has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Matthey's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Johnson Matthey ranks #1260 out of 1613 companies for Return-on-Tangible-Asset. This places Johnson Matthey in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. 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 3.05, based on 1,613 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 Johnson Matthey and its competitors. For the Chemicals 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. Johnson Matthey's current Return-on-Tangible-Asset is -2.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Matthey stock overvalued right now?
Based on GuruFocus' analysis, Johnson Matthey (JMPLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.90, compared to a current price of $28.61 — trading 59.8% above its estimated fair value. The current Return-on-Tangible-Asset is -2.77%. Johnson Matthey's overall GF Score™ is 64/100 with 5 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 Johnson Matthey (JMPLF), the current Return-on-Tangible-Asset is -2.77% 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 Johnson Matthey (JMPLF) Overvalued in 2026?
Based on GuruFocus' analysis, Johnson Matthey stock appears to be overvalued.
The current stock price of $28.61 is trading 59.8% above its estimated GF Value™ of $17.90.
GuruFocus considers Johnson Matthey to be Significantly Overvalued.
Key valuation signals for JMPLF:
Return-on-Tangible-Asset: -2.77%
GF Value™: $17.90 vs. price of $28.61 (59.8% above fair value)
No single metric tells the full story. See the JMPLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johnson Matthey PLC is a platinum group metals (PGMs) company. It uses metal chemistry, catalysis, and process engineering and provides technology and expertise to energy, chemicals, and automotive companies to decarbonise, reduce harmful emissions, and improve sustainability. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies and Value Businesses. The company generates maximum revenue from the PGM Services segment, which enables the energy transition through providing circular solutions as demand for scarce critical materials increases, provides a strategic service to the group supporting the other segments with security of metal supply, and manufactures value-added PGM products. The company derives key revenue from the United Kingdom.
64GF Score
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