Maximus (MEX:MMS) Return-on-Tangible-Asset: 22.71% (As of Mar. 2026) — Near Median


MEX:MMS Maximus Inc MEX:MMS
77 GF Score
Price MXN1,630.00
GF Value MXN2,676.81
! 1 Warning Sign
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What is Maximus Return-on-Tangible-Asset?

Maximus MEX:MMS 77 Return-on-Tangible-Asset is 22.71% as of Mar. 2026, which is 6% above its 10-year median of 21.40. GuruFocus rates MEX:MMS with a GF Score™ of 77/100 and a GF Value™ of MXN2,676.81. The stock has 1 warning sign investors should review. Among 1,095 Business Services companies, Maximus ranks better than 95.07% 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. Maximus's annualized Net Income for the quarter that ended in Mar. 2026 was MXN7,073 Mil. Maximus's average total tangible assets for the quarter that ended in Mar. 2026 was MXN31,151 Mil. Therefore, Maximus's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 22.71%.

The historical rank and industry rank for Maximus's Return-on-Tangible-Asset or its related term are showing as below:

MEX:MMS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.79   Med: 21.4   Max: 25.63
Current: 21.91

During the past 13 years, Maximus's highest Return-on-Tangible-Asset was 25.63%. The lowest was 11.79%. And the median was 21.40%.

MEX:MMS's Return-on-Tangible-Asset is ranked better than
95.07% of 1095 companies
in the Business Services industry
Industry Median: 3.89 vs MEX:MMS: 21.91

Maximus  (MEX:MMS) 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 company’s 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 company’s 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.


Maximus Return-on-Tangible-Asset Related Terms


Maximus Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Maximus'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.

Maximus Return-on-Tangible-Asset Chart

Maximus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.08 14.54 10.96 22.20 20.08

Maximus Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.73 23.14 17.28 23.04 22.71

MEX:MMS vs FA, ABM, CMPR: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, Maximus'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.


Maximus Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Maximus's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Maximus's Return-on-Tangible-Asset falls into.


MEX:MMS
77GF Score
Maximus Inc MEX:MMS
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maximus Return-on-Tangible-Asset Calculation

Maximus's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=5852.424/( (30133.858+28158.677)/ 2 )
=5852.424/29146.2675
=20.08 %

Maximus's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=7073.364/( (30586.732+31714.867)/ 2 )
=7073.364/31150.7995
=22.71 %

* 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 22.71% mean?
Maximus (MEX:MMS) has a Return-on-Tangible-Asset of 22.71% 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 Maximus and its competitors. This is near median its historical median of 21.40. Over the past decade, Maximus' Return-on-Tangible-Asset has ranged from 11.79 to 25.63. According to the industry distribution chart, Maximus ranks #54 out of 1095 companies in the Business Services industry, placing it in the top 4.9%.
Is Maximus' Return-on-Tangible-Asset too high?
Maximus' current Return-on-Tangible-Asset of 22.71% is near median its 10-year median of 21.40. Over the past 10 years, this metric has ranged from a low of 11.79 to a high of 25.63. The Business Services industry median Return-on-Tangible-Asset is 3.89. Maximus' value of 22.71% is 483.8% above this industry median. Based on the distribution chart, Maximus ranks #54 out of 1095 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Maximus has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Maximus' Return-on-Tangible-Asset compare to FA and ABM?
According to the Business Services industry distribution chart, Maximus ranks #54 out of 1095 companies for Return-on-Tangible-Asset. This places Maximus in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.89. Maximus' value of 22.71% is 483.8% above this benchmark. Historically, Maximus' own Return-on-Tangible-Asset has ranged from 11.79 to 25.63 over the past decade. While the company's 10-year median is 21.40 vs. the industry median of 3.89, Maximus 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.89, based on 1,095 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. Maximus's current Return-on-Tangible-Asset of 22.71% is 483.8% 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 Maximus and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximus's current Return-on-Tangible-Asset is 22.71%, which is near median its own 10-year median of 21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus stock overvalued right now?
Maximus (MEX:MMS) has a current Return-on-Tangible-Asset of 22.71%. The stock's GF Value™ is MXN2,676.81, compared to a current price of MXN1,630.00 — trading 39.1% below its estimated fair value. The current Return-on-Tangible-Asset is 22.71%, which is near median its 10-year median of 21.40 and 483.8% above the Business Services industry median of 3.89. Maximus' overall GF Score™ is 77/100 with 1 warning sign 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 Maximus (MEX:MMS), the current Return-on-Tangible-Asset is 22.71% 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 Maximus (MEX:MMS) Overvalued in 2026?

Based on GuruFocus' analysis, Maximus stock appears to be undervalued. The current stock price of MXN1,630.00 is trading 39.1% below its estimated GF Value™ of MXN2,676.81.

Key valuation signals for MEX:MMS:

  • Return-on-Tangible-Asset: 22.71% (near median its 10-year median of 21.40)
  • GF Value™: MXN2,676.81 vs. price of MXN1,630.00 (39.1% below fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 483.8% above the Business Services median (#54 of 1095)

No single metric tells the full story. See the MEX:MMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maximus Business Description

Other Exchanges MMS:USAMMY:Germany
Address 1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
77GF Score

Get the complete analysis for MEX:MMS

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,630.00
Price
MXN2,676.81
GF Value