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Vail ResortsMEX:MTN 72 Return-on-Tangible-Asset is 34.69% as of Apr. 2026, which is 344% above its 10-year median of 7.81. GuruFocus rates MEX:MTN with a GF Score™ of 72/100 and a GF Value™ of MXN2,882.04 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 854 Travel & Leisure companies, Vail Resorts ranks better than 60.42% 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. Vail Resorts's annualizedNet Income for the quarter that ended in Apr. 2026 was MXN22,031 Mil. Vail Resorts's average total tangible assets for the quarter that ended in Apr. 2026 was MXN63,504 Mil. Therefore, Vail Resorts's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 34.69%.
The historical rank and industry rank for Vail Resorts's Return-on-Tangible-Asset or its related term are showing as below:
MEX:MTN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.45 Med: 7.81 Max: 16.5
Current: 4.2
During the past 13 years, Vail Resorts's highest Return-on-Tangible-Asset was 16.50%. The lowest was 3.45%. And the median was 7.81%.
MEX:MTN's Return-on-Tangible-Asset is ranked better than 60.42% of 854
companies
in the Travel & Leisure industry
Industry Median: 2.74
vs MEX:MTN: 4.20
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.
Vail Resorts Return-on-Tangible-Asset Related Terms
Vail Resorts Return-on-Tangible-Asset Historical Data
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The historical data trend for Vail Resorts'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.
MEX:MTN vs HGV, RRR, CZR: Return-on-Tangible-Asset Comparison
For the Resorts & Casinos subindustry, Vail Resorts'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.
Vail Resorts Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vail Resorts'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 34.69% mean?
Vail Resorts (MEX:MTN) has a Return-on-Tangible-Asset of 34.69% 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 Vail Resorts and its competitors. This is 344% above median its historical median of 7.81. Over the past decade, Vail Resorts' Return-on-Tangible-Asset has ranged from 3.45 to 16.50. According to the industry distribution chart, Vail Resorts ranks #338 out of 854 companies in the Travel & Leisure industry, placing it in the top 39.6%.
Is Vail Resorts' Return-on-Tangible-Asset too high?
Vail Resorts' current Return-on-Tangible-Asset of 34.69% is 344% above median its 10-year median of 7.81. Over the past 10 years, this metric has ranged from a low of 3.45 to a high of 16.50. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.74. Vail Resorts' value of 34.69% is 1166.1% above this industry median. Based on the distribution chart, Vail Resorts ranks #338 out of 854 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Vail Resorts has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vail Resorts' Return-on-Tangible-Asset compare to HGV and RRR?
According to the Travel & Leisure industry distribution chart, Vail Resorts ranks #338 out of 854 companies for Return-on-Tangible-Asset. This puts Vail Resorts in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.74. Vail Resorts' value of 34.69% is 1166.1% above this benchmark. Historically, Vail Resorts' own Return-on-Tangible-Asset has ranged from 3.45 to 16.50 over the past decade. While the company's 10-year median is 7.81 vs. the industry median of 2.74, Vail Resorts 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.74, based on 854 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. Vail Resorts's current Return-on-Tangible-Asset of 34.69% is 1166.1% 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 Vail Resorts and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vail Resorts's current Return-on-Tangible-Asset is 34.69%, which is 344% above median its own 10-year median of 7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vail Resorts stock overvalued right now?
Based on GuruFocus' analysis, Vail Resorts (MEX:MTN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,882.04, compared to a current price of MXN2,319.64 — trading 19.5% below its estimated fair value. The current Return-on-Tangible-Asset is 34.69%, which is 344% above median its 10-year median of 7.81 and 1166.1% above the Travel & Leisure industry median of 2.74. Vail Resorts' overall GF Score™ is 72/100 with 5 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 Vail Resorts (MEX:MTN), the current Return-on-Tangible-Asset is 34.69% 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 Vail Resorts (MEX:MTN) Overvalued in 2026?
Based on GuruFocus' analysis, Vail Resorts stock appears to be undervalued.
The current stock price of MXN2,319.64 is trading 19.5% below its estimated GF Value™ of MXN2,882.04.
GuruFocus considers Vail Resorts to be Modestly Undervalued.
Key valuation signals for MEX:MTN:
Return-on-Tangible-Asset: 34.69% (344% above median its 10-year median of 7.81)
GF Value™: MXN2,882.04 vs. price of MXN2,319.64 (19.5% below fair value)
Industry Position: 1166.1% above the Travel & Leisure median (#338 of 854)
No single metric tells the full story. See the MEX:MTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
72GF Score
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