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The MarygoldMGLD +2.68%70 Return-on-Tangible-Asset is 3.55% as of Mar. 2026, which is 46% below its 10-year median of 6.57. GuruFocus rates MGLD with a GF Score™ of 70/100 and a GF Value™ of $1.02 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,635 Asset Management companies, The Marygold ranks worse than 85.5% 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. The Marygold's annualizedNet Income for the quarter that ended in Mar. 2026 was $0.89 Mil. The Marygold's average total tangible assets for the quarter that ended in Mar. 2026 was $24.99 Mil. Therefore, The Marygold's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.55%.
The historical rank and industry rank for The Marygold's Return-on-Tangible-Asset or its related term are showing as below:
MGLD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.8 Med: 6.57 Max: 72.05
Current: -8.27
During the past 13 years, The Marygold's highest Return-on-Tangible-Asset was 72.05%. The lowest was -20.80%. And the median was 6.57%.
MGLD's Return-on-Tangible-Asset is ranked worse than 85.5% of 1635
companies
in the Asset Management industry
Industry Median: 4.24
vs MGLD: -8.27
The Marygold (AMEX:MGLD) 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.
The Marygold Return-on-Tangible-Asset Related Terms
The Marygold Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for The Marygold'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.
MGLD vs TGE, BENF, FMY: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, The Marygold'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.
The Marygold Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, The Marygold's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Marygold'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 3.55% mean?
The Marygold (MGLD) has a Return-on-Tangible-Asset of 3.55% 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 The Marygold and its competitors. This is 46% below median its historical median of 6.57. According to the industry distribution chart, The Marygold ranks #1398 out of 1635 companies in the Asset Management industry, placing it in the top 85.5%.
Is The Marygold's Return-on-Tangible-Asset too high?
The Marygold's current Return-on-Tangible-Asset of 3.55% is 46% below median its 10-year median of 6.57. The Asset Management industry median Return-on-Tangible-Asset is 4.24. The Marygold's value of 3.55% is 16.3% below this industry median. Based on the distribution chart, The Marygold ranks #1398 out of 1635 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, The Marygold has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Marygold's Return-on-Tangible-Asset compare to TGE and BENF?
According to the Asset Management industry distribution chart, The Marygold ranks #1398 out of 1635 companies for Return-on-Tangible-Asset. This places The Marygold in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.24. The Marygold's value of 3.55% is 16.3% below this benchmark. While the company's 10-year median is 6.57 vs. the industry median of 4.24, The Marygold has consistently been below 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.24, based on 1,635 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. The Marygold's current Return-on-Tangible-Asset of 3.55% is 16.3% below 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 The Marygold and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Marygold's current Return-on-Tangible-Asset is 3.55%, which is 46% below median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Marygold stock overvalued right now?
Based on GuruFocus' analysis, The Marygold (MGLD) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.02, compared to a current price of $1.15 — trading 12.7% above its estimated fair value. The current Return-on-Tangible-Asset is 3.55%, which is 46% below median its 10-year median of 6.57 and 16.3% below the Asset Management industry median of 4.24. The Marygold's overall GF Score™ is 70/100 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 The Marygold (MGLD), the current Return-on-Tangible-Asset is 3.55% 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 The Marygold (MGLD) Overvalued in 2026?
Based on GuruFocus' analysis, The Marygold stock appears to be overvalued.
The current stock price of $1.15 is trading 12.7% above its estimated GF Value™ of $1.02.
GuruFocus considers The Marygold to be Modestly Overvalued.
Key valuation signals for MGLD:
Return-on-Tangible-Asset: 3.55% (46% below median its 10-year median of 6.57)
GF Value™: $1.02 vs. price of $1.15 (12.7% above fair value)
Industry Position: 16.3% below the Asset Management median (#1398 of 1635)
No single metric tells the full story. See the MGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Marygold Companies Inc is an international holding company focused on acquiring and growing profitable businesses. Its main segments include U.S. Fund Management through USCF Investments, Food Products via Gourmet Foods and Printstock Products in New Zealand, Beauty Products under the Original Sprout brand, and formerly Security Systems through Brigadier, sold in 2025. The majority of revenue comes from fund management. The company operates in the USA, New Zealand, the United Kingdom, and Canada, with the majority of revenue generated from the USA. Its business approach focuses on strengthening financial services, expanding fintech, and managing a diverse portfolio for growth.
70GF Score
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