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MDU Resources GroupMEX:MDU 73 Return-on-Tangible-Asset is 4.43% as of Mar. 2026, which is 6% below its 10-year median of 4.72. GuruFocus rates MEX:MDU with a GF Score™ of 73/100 and a GF Value™ of MXN265.28. The stock has 9 warning signs investors should review. Among 511 Utilities - Regulated companies, MDU Resources Group ranks worse than 59.88% 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. MDU Resources Group's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN5,829 Mil. MDU Resources Group's average total tangible assets for the quarter that ended in Mar. 2026 was MXN131,673 Mil. Therefore, MDU Resources Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.43%.
The historical rank and industry rank for MDU Resources Group's Return-on-Tangible-Asset or its related term are showing as below:
MEX:MDU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.11 Med: 4.72 Max: 5.46
Current: 2.73
During the past 13 years, MDU Resources Group's highest Return-on-Tangible-Asset was 5.46%. The lowest was 1.11%. And the median was 4.72%.
MEX:MDU's Return-on-Tangible-Asset is ranked worse than 59.88% of 511
companies
in the Utilities - Regulated industry
Industry Median: 3.31
vs MEX:MDU: 2.73
MDU Resources Group (MEX:MDU) 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.
MDU Resources Group Return-on-Tangible-Asset Related Terms
MDU Resources Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MDU Resources Group'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.
MDU Resources Group Return-on-Tangible-Asset Chart
MEX:MDU vs SR, OGS, BKH: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, MDU Resources Group'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.
MDU Resources Group Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MDU Resources Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MDU Resources Group'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.43% mean?
MDU Resources Group (MEX:MDU) has a Return-on-Tangible-Asset of 4.43% 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 MDU Resources Group and its competitors. This is near median its historical median of 4.72. Over the past decade, MDU Resources Group's Return-on-Tangible-Asset has ranged from 1.11 to 5.46. According to the industry distribution chart, MDU Resources Group ranks #306 out of 511 companies in the Utilities - Regulated industry, placing it in the top 59.9%.
Is MDU Resources Group's Return-on-Tangible-Asset too high?
MDU Resources Group's current Return-on-Tangible-Asset of 4.43% is near median its 10-year median of 4.72. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 5.46. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.31. MDU Resources Group's value of 4.43% is 33.8% above this industry median. Based on the distribution chart, MDU Resources Group ranks #306 out of 511 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, MDU Resources Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's Return-on-Tangible-Asset compare to SR and OGS?
According to the Utilities - Regulated industry distribution chart, MDU Resources Group ranks #306 out of 511 companies for Return-on-Tangible-Asset. This places MDU Resources Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.31. MDU Resources Group's value of 4.43% is 33.8% above this benchmark. Historically, MDU Resources Group's own Return-on-Tangible-Asset has ranged from 1.11 to 5.46 over the past decade. While the company's 10-year median is 4.72 vs. the industry median of 3.31, MDU Resources Group 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 an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.31, based on 511 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. MDU Resources Group's current Return-on-Tangible-Asset of 4.43% is 33.8% 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 MDU Resources Group and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDU Resources Group's current Return-on-Tangible-Asset is 4.43%, which is near median its own 10-year median of 4.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDU Resources Group stock overvalued right now?
MDU Resources Group (MEX:MDU) has a current Return-on-Tangible-Asset of 4.43%. The stock's GF Value™ is MXN265.28, compared to a current price of MXN319.00 — trading 20.3% above its estimated fair value. The current Return-on-Tangible-Asset is 4.43%, which is near median its 10-year median of 4.72 and 33.8% above the Utilities - Regulated industry median of 3.31. MDU Resources Group's overall GF Score™ is 73/100 with 9 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 MDU Resources Group (MEX:MDU), the current Return-on-Tangible-Asset is 4.43% 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 MDU Resources Group (MEX:MDU) Overvalued in 2026?
Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued.
The current stock price of MXN319.00 is trading 20.3% above its estimated GF Value™ of MXN265.28.
Key valuation signals for MEX:MDU:
Return-on-Tangible-Asset: 4.43% (near median its 10-year median of 4.72)
GF Value™: MXN265.28 vs. price of MXN319.00 (20.3% above fair value)
Industry Position: 33.8% above the Utilities - Regulated median (#306 of 511)
No single metric tells the full story. See the MEX:MDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MDU Resources Group Inc is a pure-play regulated energy delivery business. It is organized into three reportable business segments: Electric, Natural Gas Distribution, and Pipeline. Maximum revenue is generated from the Pipeline segment, which provides natural gas transportation and underground storage services through a FERC-regulated pipeline system mainly in the Rocky Mountain and northern Great Plains regions of the United States. This segment also provides non-regulated energy-related services, including cathodic protection. The electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming, and the natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon, and Washington.
73GF Score
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