The Magnum Ice Cream Co NVMICC +1.69%19 Return-on-Tangible-Asset is -2.41% as of Dec. 2025. GuruFocus rates MICC with a GF Score™ of 19/100. The stock has 6 warning signs investors should review. Among 1,991 Consumer Packaged Goods companies, The Magnum Ice Cream Co NV ranks better than 58.56% 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 Magnum Ice Cream Co NV's annualizedNet Income for the quarter that ended in Dec. 2025 was $-187 Mil. The Magnum Ice Cream Co NV's average total tangible assets for the quarter that ended in Dec. 2025 was $7,759 Mil. Therefore, The Magnum Ice Cream Co NV's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -2.41%.
The historical rank and industry rank for The Magnum Ice Cream Co NV's Return-on-Tangible-Asset or its related term are showing as below:
MICC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.02 Med: 12.71 Max: 14.29
Current: 5.02
During the past 5 years, The Magnum Ice Cream Co NV's highest Return-on-Tangible-Asset was 14.29%. The lowest was 5.02%. And the median was 12.71%.
MICC's Return-on-Tangible-Asset is ranked better than 58.56% of 1991
companies
in the Consumer Packaged Goods industry
Industry Median: 3.39
vs MICC: 5.02
The Magnum Ice Cream Co NV (NYSE:MICC) 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 Magnum Ice Cream Co NV Return-on-Tangible-Asset Related Terms
The Magnum Ice Cream Co NV Return-on-Tangible-Asset Historical Data
* 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.
The Magnum Ice Cream Co NV Return-on-Tangible-Asset Chart
MICC vs KHC, GIS, JBS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, The Magnum Ice Cream Co NV'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 Magnum Ice Cream Co NV Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Magnum Ice Cream Co NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Magnum Ice Cream Co NV'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 -2.41% mean?
The Magnum Ice Cream Co NV (MICC) has a Return-on-Tangible-Asset of -2.41% 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 The Magnum Ice Cream Co NV and its competitors. Over the past decade, The Magnum Ice Cream Co NV's Return-on-Tangible-Asset has ranged from 5.02 to 14.29. According to the industry distribution chart, The Magnum Ice Cream Co NV ranks #825 out of 1991 companies in the Consumer Packaged Goods industry, placing it in the top 41.4%.
Is The Magnum Ice Cream Co NV's Return-on-Tangible-Asset too high?
The Magnum Ice Cream Co NV's current Return-on-Tangible-Asset is -2.41%. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 14.29. Based on the distribution chart, The Magnum Ice Cream Co NV ranks #825 out of 1991 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, The Magnum Ice Cream Co NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does The Magnum Ice Cream Co NV's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, The Magnum Ice Cream Co NV ranks #825 out of 1991 companies for Return-on-Tangible-Asset. This puts The Magnum Ice Cream Co NV in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.39. Historically, The Magnum Ice Cream Co NV's own Return-on-Tangible-Asset has ranged from 5.02 to 14.29 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.39, based on 1,991 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 The Magnum Ice Cream Co NV and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Magnum Ice Cream Co NV's current Return-on-Tangible-Asset is -2.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Magnum Ice Cream Co NV stock overvalued right now?
The Magnum Ice Cream Co NV (MICC) has a current Return-on-Tangible-Asset of -2.41%. The current Return-on-Tangible-Asset is -2.41%. The Magnum Ice Cream Co NV's overall GF Score™ is 19/100 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 The Magnum Ice Cream Co NV (MICC), the current Return-on-Tangible-Asset is -2.41% 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.
The Magnum Ice Cream Co NV is a spinoff from Unilever, pure-play in manufacturing and selling a broad portfolio of ice-cream brands. TMICC ice-cream portfolio includes Magnum, Ben and Jerrys, Cornetto and the Heart brand. The company is organised into three geographic regions (i) Europe and ANZ, (ii) Americas, and (iii) AMEA.
19GF Score
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