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Mega Fortune CoMGRT +11.10%24 Return-on-Tangible-Asset is 13.87% as of Sep. 2025, which is 9% below its 10-year median of 15.23. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,892 Software companies, Mega Fortune Co ranks better than 90.46% 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. Mega Fortune Co's annualizedNet Income for the quarter that ended in Sep. 2025 was $1.75 Mil. Mega Fortune Co's average total tangible assets for the quarter that ended in Sep. 2025 was $12.63 Mil. Therefore, Mega Fortune Co's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 13.87%.
The historical rank and industry rank for Mega Fortune Co's Return-on-Tangible-Asset or its related term are showing as below:
MGRT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.45 Med: 15.23 Max: 23.13
Current: 18.69
During the past 4 years, Mega Fortune Co's highest Return-on-Tangible-Asset was 23.13%. The lowest was 12.45%. And the median was 15.23%.
MGRT's Return-on-Tangible-Asset is ranked better than 90.46% of 2892
companies
in the Software industry
Industry Median: 2.07
vs MGRT: 18.69
Mega Fortune Co (NAS:MGRT) 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.
Mega Fortune Co Return-on-Tangible-Asset Related Terms
Mega Fortune Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mega Fortune 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.
MGRT vs VYX, GLOB, EFOR: Return-on-Tangible-Asset Comparison
For the Information Technology Services subindustry, Mega Fortune 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.
Mega Fortune Co Return-on-Tangible-Asset vs Software Industry
For the Software industry and Technology sector, Mega Fortune Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mega Fortune 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 two times the semi-annual (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 13.87% mean?
Mega Fortune Co (MGRT) has a Return-on-Tangible-Asset of 13.87% 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 Mega Fortune Co and its competitors. This is near median its historical median of 15.23. Over the past decade, Mega Fortune Co's Return-on-Tangible-Asset has ranged from 12.45 to 23.13. According to the industry distribution chart, Mega Fortune Co ranks #276 out of 2892 companies in the Software industry, placing it in the top 9.5%.
Is Mega Fortune Co's Return-on-Tangible-Asset too high?
Mega Fortune Co's current Return-on-Tangible-Asset of 13.87% is near median its 10-year median of 15.23. Over the past 10 years, this metric has ranged from a low of 12.45 to a high of 23.13. The Software industry median Return-on-Tangible-Asset is 2.07. Mega Fortune Co's value of 13.87% is 570% above this industry median. Based on the distribution chart, Mega Fortune Co ranks #276 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Return-on-Tangible-Asset compare to VYX and GLOB?
According to the Software industry distribution chart, Mega Fortune Co ranks #276 out of 2892 companies for Return-on-Tangible-Asset. This places Mega Fortune Co in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.07. Mega Fortune Co's value of 13.87% is 570% above this benchmark. Historically, Mega Fortune Co's own Return-on-Tangible-Asset has ranged from 12.45 to 23.13 over the past decade. While the company's 10-year median is 15.23 vs. the industry median of 2.07, Mega Fortune Co 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.07, based on 2,892 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. Mega Fortune Co's current Return-on-Tangible-Asset of 13.87% is 570% 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 Mega Fortune Co and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Fortune Co's current Return-on-Tangible-Asset is 13.87%, which is near median its own 10-year median of 15.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Return-on-Tangible-Asset of 13.87%. The current Return-on-Tangible-Asset is 13.87%, which is near median its 10-year median of 15.23 and 570% above the Software industry median of 2.07. Mega Fortune Co's overall GF Score™ is 24/100 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 Mega Fortune Co (MGRT), the current Return-on-Tangible-Asset is 13.87% 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.
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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