MetcashMCSHF -36.26%63 Return-on-Tangible-Asset is 5.11% as of Apr. 2026, which is 11% below its 10-year median of 5.71. GuruFocus rates MCSHF with a GF Score™ of 63/100 and a GF Value™ of $1.75 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 310 Retail - Defensive companies, Metcash ranks better than 58.71% 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. Metcash's annualizedNet Income for the quarter that ended in Apr. 2026 was $194 Mil. Metcash's average total tangible assets for the quarter that ended in Apr. 2026 was $3,798 Mil. Therefore, Metcash's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 5.11%.
The historical rank and industry rank for Metcash's Return-on-Tangible-Asset or its related term are showing as below:
MCSHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.53 Med: 5.71 Max: 7.28
Current: 5.05
During the past 13 years, Metcash's highest Return-on-Tangible-Asset was 7.28%. The lowest was -5.53%. And the median was 5.71%.
MCSHF's Return-on-Tangible-Asset is ranked better than 58.71% of 310
companies
in the Retail - Defensive industry
Industry Median: 3.88
vs MCSHF: 5.05
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.
Metcash Return-on-Tangible-Asset Related Terms
Metcash Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Metcash'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.
MCSHF vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, Metcash'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.
Metcash Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Metcash's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Metcash'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.11% mean?
Metcash (MCSHF) has a Return-on-Tangible-Asset of 5.11% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Metcash and its competitors. This is 11% below median its historical median of 5.71. According to the industry distribution chart, Metcash ranks #128 out of 310 companies in the Retail - Defensive industry, placing it in the top 41.3%.
Is Metcash's Return-on-Tangible-Asset too high?
Metcash's current Return-on-Tangible-Asset of 5.11% is 11% below median its 10-year median of 5.71. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.88. Metcash's value of 5.11% is 31.7% above this industry median. Based on the distribution chart, Metcash ranks #128 out of 310 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Metcash has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metcash's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Metcash ranks #128 out of 310 companies for Return-on-Tangible-Asset. This puts Metcash in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.88. Metcash's value of 5.11% is 31.7% above this benchmark. While the company's 10-year median is 5.71 vs. the industry median of 3.88, Metcash 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.88, based on 310 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. Metcash's current Return-on-Tangible-Asset of 5.11% is 31.7% 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 Metcash and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metcash's current Return-on-Tangible-Asset is 5.11%, which is 11% below median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metcash stock overvalued right now?
Based on GuruFocus' analysis, Metcash (MCSHF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.75, compared to a current price of $1.48 — trading 15.4% below its estimated fair value. The current Return-on-Tangible-Asset is 5.11%, which is 11% below median its 10-year median of 5.71 and 31.7% above the Retail - Defensive industry median of 3.88. Metcash's overall GF Score™ is 63/100 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 Metcash (MCSHF), the current Return-on-Tangible-Asset is 5.11% as of Apr. 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 Metcash (MCSHF) Overvalued in 2026?
Based on GuruFocus' analysis, Metcash stock appears to be undervalued.
The current stock price of $1.48 is trading 15.4% below its estimated GF Value™ of $1.75.
GuruFocus considers Metcash to be Modestly Undervalued.
Key valuation signals for MCSHF:
Return-on-Tangible-Asset: 5.11% (11% below median its 10-year median of 5.71)
GF Value™: $1.75 vs. price of $1.48 (15.4% below fair value)
Industry Position: 31.7% above the Retail - Defensive median (#128 of 310)
No single metric tells the full story. See the MCSHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metcash is a wholesaler, and to a lesser extent a retailer, specializing in food, liquor, and hardware. Centralized wholesale distribution enables independent retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and venues like pubs.
63GF Score
Get the complete analysis for MCSHF
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