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MEC CoMECGF 77 Return-on-Tangible-Asset is 18.81% as of Dec. 2025, which is 92% above its 10-year median of 9.82. GuruFocus rates MECGF with a GF Score™ of 77/100 and a GF Value™ of $25.24 (Significantly Overvalued). Among 1,613 Chemicals companies, MEC Co ranks better than 97.15% 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. MEC Co's annualizedNet Income for the quarter that ended in Dec. 2025 was $43.6 Mil. MEC Co's average total tangible assets for the quarter that ended in Dec. 2025 was $231.8 Mil. Therefore, MEC Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 18.81%.
The historical rank and industry rank for MEC Co's Return-on-Tangible-Asset or its related term are showing as below:
MECGF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.46 Med: 9.82 Max: 17.65
Current: 17.65
During the past 13 years, MEC Co's highest Return-on-Tangible-Asset was 17.65%. The lowest was 6.46%. And the median was 9.82%.
MECGF's Return-on-Tangible-Asset is ranked better than 97.15% of 1613
companies
in the Chemicals industry
Industry Median: 3.13
vs MECGF: 17.65
MEC Co (OTCPK:MECGF) 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.
MEC Co Return-on-Tangible-Asset Related Terms
MEC Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MEC Co'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.
MECGF vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, MEC Co'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.
MEC Co Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, MEC Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MEC Co'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 18.81% mean?
MEC Co (MECGF) has a Return-on-Tangible-Asset of 18.81% 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 MEC Co and its competitors. This is 92% above median its historical median of 9.82. Over the past decade, MEC Co's Return-on-Tangible-Asset has ranged from 6.46 to 17.65. According to the industry distribution chart, MEC Co ranks #46 out of 1613 companies in the Chemicals industry, placing it in the top 2.9%.
Is MEC Co's Return-on-Tangible-Asset too high?
MEC Co's current Return-on-Tangible-Asset of 18.81% is 92% above median its 10-year median of 9.82. Over the past 10 years, this metric has ranged from a low of 6.46 to a high of 17.65. The Chemicals industry median Return-on-Tangible-Asset is 3.13. MEC Co's value of 18.81% is 501% above this industry median. Based on the distribution chart, MEC Co ranks #46 out of 1613 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, MEC Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MEC Co's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, MEC Co ranks #46 out of 1613 companies for Return-on-Tangible-Asset. This places MEC Co in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.13. MEC Co's value of 18.81% is 501% above this benchmark. Historically, MEC Co's own Return-on-Tangible-Asset has ranged from 6.46 to 17.65 over the past decade. While the company's 10-year median is 9.82 vs. the industry median of 3.13, MEC Co 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.13, 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. MEC Co's current Return-on-Tangible-Asset of 18.81% is 501% 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 MEC Co and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEC Co's current Return-on-Tangible-Asset is 18.81%, which is 92% above median its own 10-year median of 9.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEC Co stock overvalued right now?
Based on GuruFocus' analysis, MEC Co (MECGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.24, compared to a current price of $47.16 — trading 86.8% above its estimated fair value. The current Return-on-Tangible-Asset is 18.81%, which is 92% above median its 10-year median of 9.82 and 501% above the Chemicals industry median of 3.13. MEC Co's overall GF Score™ is 77/100. 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 MEC Co (MECGF), the current Return-on-Tangible-Asset is 18.81% 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 MEC Co (MECGF) Overvalued in 2026?
Based on GuruFocus' analysis, MEC Co stock appears to be overvalued.
The current stock price of $47.16 is trading 86.8% above its estimated GF Value™ of $25.24.
GuruFocus considers MEC Co to be Significantly Overvalued.
Key valuation signals for MECGF:
Return-on-Tangible-Asset: 18.81% (92% above median its 10-year median of 9.82)
GF Value™: $25.24 vs. price of $47.16 (86.8% above fair value)
Industry Position: 501% above the Chemicals median (#46 of 1613)
No single metric tells the full story. See the MECGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEC Co Ltd is a Japan-based chemical manufacturer. The company manufacture and sale of chemicals for electronic circuit boards and electronic components, as well as the sale of machinery and materials for electronic circuit boards. Its products are used in automobile, smartphone, and computer. Its products used in Chemicals for electronic substrates and AMALPHA : Resin-to-metal bonding technology from MEC.
77GF Score
Get the complete analysis for MECGF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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