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Magna InternationalMGA -0.31%77 Return-on-Tangible-Asset is -0.17% as of Mar. 2026. GuruFocus rates MGA with a GF Score™ of 77/100 and a GF Value™ of $48.88 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Magna International ranks worse than 56.83% 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. Magna International's annualizedNet Income for the quarter that ended in Mar. 2026 was $-48 Mil. Magna International's average total tangible assets for the quarter that ended in Mar. 2026 was $28,579 Mil. Therefore, Magna International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.17%.
The historical rank and industry rank for Magna International's Return-on-Tangible-Asset or its related term are showing as below:
MGA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.3 Med: 5.12 Max: 10.49
Current: 2.3
During the past 13 years, Magna International's highest Return-on-Tangible-Asset was 10.49%. The lowest was 2.30%. And the median was 5.12%.
MGA's Return-on-Tangible-Asset is ranked worse than 56.83% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 3.125
vs MGA: 2.30
Magna International (NYSE:MGA) 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.
Magna International Return-on-Tangible-Asset Related Terms
Magna International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Magna International'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.
Magna International Return-on-Tangible-Asset Chart
MGA vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Magna International'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.
Magna International Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Magna International'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 -0.17% mean?
Magna International (MGA) has a Return-on-Tangible-Asset of -0.17% 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 Magna International and its competitors. Over the past decade, Magna International's Return-on-Tangible-Asset has ranged from 2.30 to 10.49. According to the industry distribution chart, Magna International ranks #757 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 56.8%.
Is Magna International's Return-on-Tangible-Asset too high?
Magna International's current Return-on-Tangible-Asset is -0.17%. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 10.49. Based on the distribution chart, Magna International ranks #757 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Magna International has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna International's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Magna International ranks #757 out of 1332 companies for Return-on-Tangible-Asset. This places Magna International in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.13. Historically, Magna International's own Return-on-Tangible-Asset has ranged from 2.30 to 10.49 over the past decade. 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.13, based on 1,332 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 Magna International and its competitors. For the Vehicles & Parts 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. Magna International's current Return-on-Tangible-Asset is -0.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna International stock overvalued right now?
Based on GuruFocus' analysis, Magna International (MGA) is currently considered Significantly Overvalued. The stock's GF Value™ is $48.88, compared to a current price of $64.07 — trading 31.1% above its estimated fair value. The current Return-on-Tangible-Asset is -0.17%. Magna International's overall GF Score™ is 77/100 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 Magna International (MGA), the current Return-on-Tangible-Asset is -0.17% 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 Magna International (MGA) Overvalued in 2026?
Based on GuruFocus' analysis, Magna International stock appears to be overvalued.
The current stock price of $64.07 is trading 31.1% above its estimated GF Value™ of $48.88.
GuruFocus considers Magna International to be Significantly Overvalued.
Key valuation signals for MGA:
Return-on-Tangible-Asset: -0.17%
GF Value™: $48.88 vs. price of $64.07 (31.1% above fair value)
No single metric tells the full story. See the MGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magna International prides itself on an entrepreneurial culture and a corporate constitution that outlines the distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2025, 48.6% of Magna's USD 42 billion of revenue came from North America, while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 75.9% of revenue, with the top three being GM, Mercedes, and Ford. GM was the largest contributor at 15.6%. Magna was founded in 1957, has about 144,000 employees, and is based in Aurora, Ontario.
77GF Score
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