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Modern Plant Based FoodsMDRND 16 Return-on-Tangible-Asset is -269.23% as of May. 2026. GuruFocus rates MDRND with a GF Score™ of 16/100 and a GF Value™ of $0.50 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Modern Plant Based Foods ranks worse than 98.9% 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. Modern Plant Based Foods's annualizedNet Income for the quarter that ended in May. 2026 was $-0.42 Mil. Modern Plant Based Foods's average total tangible assets for the quarter that ended in May. 2026 was $0.16 Mil. Therefore, Modern Plant Based Foods's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was -269.23%.
The historical rank and industry rank for Modern Plant Based Foods's Return-on-Tangible-Asset or its related term are showing as below:
MDRND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1323.96 Med: -229.44 Max: 1014.29
Current: -249.38
During the past 13 years, Modern Plant Based Foods's highest Return-on-Tangible-Asset was 1014.29%. The lowest was -1323.96%. And the median was -229.44%.
MDRND's Return-on-Tangible-Asset is ranked worse than 98.9% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.485
vs MDRND: -249.38
Modern Plant Based Foods (OTCPK:MDRND) 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.
Modern Plant Based Foods Return-on-Tangible-Asset Related Terms
Modern Plant Based Foods Return-on-Tangible-Asset Historical Data
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The historical data trend for Modern Plant Based Foods'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.
Modern Plant Based Foods Return-on-Tangible-Asset Chart
MDRND vs KHC, GIS, HRL: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Modern Plant Based Foods'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.
Modern Plant Based Foods Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Modern Plant Based Foods'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 four times the quarterly (May. 2026) net income data.
What does a Return-on-Tangible-Asset of -269.23% mean?
Modern Plant Based Foods (MDRND) has a Return-on-Tangible-Asset of -269.23% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Modern Plant Based Foods and its competitors. According to the industry distribution chart, Modern Plant Based Foods ranks #1974 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 98.9%.
Is Modern Plant Based Foods' Return-on-Tangible-Asset too high?
Modern Plant Based Foods' current Return-on-Tangible-Asset is -269.23%. Based on the distribution chart, Modern Plant Based Foods ranks #1974 out of 1996 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Modern Plant Based Foods has a GF Score™ of 16/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Modern Plant Based Foods' Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Plant Based Foods ranks #1974 out of 1996 companies for Return-on-Tangible-Asset. This places Modern Plant Based Foods in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.49. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.49, based on 1,996 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 Modern Plant Based Foods and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modern Plant Based Foods's current Return-on-Tangible-Asset is -269.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Plant Based Foods stock overvalued right now?
Based on GuruFocus' analysis, Modern Plant Based Foods (MDRND) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $0.14 — trading 71.2% below its estimated fair value. The current Return-on-Tangible-Asset is -269.23%. Modern Plant Based Foods' overall GF Score™ is 16/100 with 6 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 Modern Plant Based Foods (MDRND), the current Return-on-Tangible-Asset is -269.23% as of May. 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 Modern Plant Based Foods (MDRND) Overvalued in 2026?
Based on GuruFocus' analysis, Modern Plant Based Foods stock appears to be undervalued.
The current stock price of $0.14 is trading 71.2% below its estimated GF Value™ of $0.50.
GuruFocus considers Modern Plant Based Foods to be Modestly Overvalued.
Key valuation signals for MDRND:
Return-on-Tangible-Asset: -269.23%
GF Value™: $0.50 vs. price of $0.14 (71.2% below fair value)
No single metric tells the full story. See the MDRND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada.
16GF Score
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