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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. Microwave Filter Co's annualizedNet Income for the quarter that ended in Sep. 2025 was $-0.26 Mil. Microwave Filter Co's average total tangible assets for the quarter that ended in Sep. 2025 was $1.77 Mil. Therefore, Microwave Filter Co's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was -14.89%.
The historical rank and industry rank for Microwave Filter Co's Return-on-Tangible-Asset or its related term are showing as below:
MFCO'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.53 Med: -5.07 Max: 8.27
Current: -14.89
During the past 13 years, Microwave Filter Co's highest Return-on-Tangible-Asset was 8.27%. The lowest was -27.53%. And the median was -5.07%.
MFCO's Return-on-Tangible-Asset is ranked worse than 89.09% of 2503
companies
in the Hardware industry
Industry Median: 2.44
vs MFCO: -14.89
Microwave Filter Co (OTCPK:MFCO) 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.
Microwave Filter Co Return-on-Tangible-Asset Related Terms
Microwave Filter Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Microwave Filter 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.
Microwave Filter Co Return-on-Tangible-Asset Chart
MFCO vs ASNS, VMNT, WLAN: Return-on-Tangible-Asset Comparison
For the Communication Equipment subindustry, Microwave Filter 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.
Microwave Filter Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Microwave Filter Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Microwave Filter 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 one times the annual (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of -14.89% mean?
Microwave Filter Co (MFCO) has a Return-on-Tangible-Asset of -14.89% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Microwave Filter Co and its competitors. According to the industry distribution chart, Microwave Filter Co ranks #2230 out of 2503 companies in the Hardware industry, placing it in the top 89.1%.
Is Microwave Filter Co's Return-on-Tangible-Asset too high?
Microwave Filter Co's current Return-on-Tangible-Asset is -14.89%. Based on the distribution chart, Microwave Filter Co ranks #2230 out of 2503 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Microwave Filter Co has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Microwave Filter Co's Return-on-Tangible-Asset compare to ASNS and VMNT?
According to the Hardware industry distribution chart, Microwave Filter Co ranks #2230 out of 2503 companies for Return-on-Tangible-Asset. This places Microwave Filter Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.44. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,503 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 Microwave Filter Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microwave Filter Co's current Return-on-Tangible-Asset is -14.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microwave Filter Co stock overvalued right now?
Based on GuruFocus' analysis, Microwave Filter Co (MFCO) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $1.45 — trading 339.4% above its estimated fair value. The current Return-on-Tangible-Asset is -14.89%. Microwave Filter Co's overall GF Score™ is 29/100 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 Microwave Filter Co (MFCO), the current Return-on-Tangible-Asset is -14.89% as of Sep. 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 Microwave Filter Co (MFCO) Overvalued in 2026?
Based on GuruFocus' analysis, Microwave Filter Co stock appears to be overvalued.
The current stock price of $1.45 is trading 339.4% above its estimated GF Value™ of $0.33.
GuruFocus considers Microwave Filter Co to be Significantly Overvalued.
Key valuation signals for MFCO:
Return-on-Tangible-Asset: -14.89%
GF Value™: $0.33 vs. price of $1.45 (339.4% above fair value)
No single metric tells the full story. See the MFCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microwave Filter Co Inc operates in the United States and designs, develops, manufactures and sells electronic filters for radio and microwave frequencies. Its products support signal distribution and interference prevention and serve cable television, broadcast, satellite, mobile radio, cellular including 5G, telephone, commercial, aerospace and defense markets. The Company offers filter products covering frequencies from 5 Hz to 50 GHz, including custom designs such as waveguide, stripline and microstrip, lumped element, dielectric resonator, and cavity and coaxial topologies. Its product range includes bandpass, bandstop, highpass and lowpass filters, combiners, couplers, diplexers, adaptors, and CATV headend channel deletion filters and networks for wireless and PCS applications.
29GF Score
Get the complete analysis for MFCO
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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