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Megan HoldingsMGN -16.20% Return-on-Tangible-Asset is -2.09% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 1,780 Construction companies, Megan Holdings ranks worse than 66.4% 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. Megan Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was $-0.49 Mil. Megan Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was $23.48 Mil. Therefore, Megan Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -2.09%.
The historical rank and industry rank for Megan Holdings's Return-on-Tangible-Asset or its related term are showing as below:
MGN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.94 Med: 15.59 Max: 23.56
Current: 0.94
During the past 5 years, Megan Holdings's highest Return-on-Tangible-Asset was 23.56%. The lowest was 0.94%. And the median was 15.59%.
MGN's Return-on-Tangible-Asset is ranked worse than 66.4% of 1780
companies
in the Construction industry
Industry Median: 3.06
vs MGN: 0.94
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.
Megan Holdings Return-on-Tangible-Asset Related Terms
Megan Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Megan Holdings'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.
MGN vs MSGY, FBGL, MIMI: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Megan Holdings'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.
Megan Holdings Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Megan Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Megan Holdings'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -2.09% mean?
Megan Holdings (MGN) has a Return-on-Tangible-Asset of -2.09% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Megan Holdings and its competitors. Over the past decade, Megan Holdings' Return-on-Tangible-Asset has ranged from 0.94 to 23.56. According to the industry distribution chart, Megan Holdings ranks #1182 out of 1780 companies in the Construction industry, placing it in the top 66.4%.
Is Megan Holdings' Return-on-Tangible-Asset too high?
Megan Holdings' current Return-on-Tangible-Asset is -2.09%. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 23.56. Based on the distribution chart, Megan Holdings ranks #1182 out of 1780 companies in the Construction industry, which is below the industry midpoint.
How does Megan Holdings' Return-on-Tangible-Asset compare to MSGY and FBGL?
According to the Construction industry distribution chart, Megan Holdings ranks #1182 out of 1780 companies for Return-on-Tangible-Asset. This places Megan Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.06. Historically, Megan Holdings' own Return-on-Tangible-Asset has ranged from 0.94 to 23.56 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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 Megan Holdings and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megan Holdings's current Return-on-Tangible-Asset is -2.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megan Holdings stock overvalued right now?
Megan Holdings (MGN) has a current Return-on-Tangible-Asset of -2.09%. The current Return-on-Tangible-Asset is -2.09%. 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 Megan Holdings (MGN), the current Return-on-Tangible-Asset is -2.09% as of Dec. 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.
Megan Holdings Ltd is principally engaged in the development, construction and maintenance of aquaculture farms and related works. Its operations are based in Malaysia. The company's operating segments include: Aquaculture and agriculture; Industrial solutions; and Investment in marketable securities. It derives maximum revenue from Aquaculture and agriculture, which involves development, construction, and maintenance of aquaculture and agriculture farms and related works.
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