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Momentum Group ABMMGRF 87 Return-on-Tangible-Asset is 18.54% as of Jun. 2026, which is 1% above its 10-year median of 18.39. GuruFocus rates MMGRF with a GF Score™ of 87/100 and a GF Value™ of $14.38. The stock has 3 warning signs investors should review. Among 158 Industrial Distribution companies, Momentum Group AB ranks better than 93.04% 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. Momentum Group AB's annualizedNet Income for the quarter that ended in Jun. 2026 was $26.9 Mil. Momentum Group AB's average total tangible assets for the quarter that ended in Jun. 2026 was $145.1 Mil. Therefore, Momentum Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 18.54%.
The historical rank and industry rank for Momentum Group AB's Return-on-Tangible-Asset or its related term are showing as below:
MMGRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.5 Med: 18.39 Max: 20.39
Current: 14.5
During the past 8 years, Momentum Group AB's highest Return-on-Tangible-Asset was 20.39%. The lowest was 14.50%. And the median was 18.39%.
MMGRF's Return-on-Tangible-Asset is ranked better than 93.04% of 158
companies
in the Industrial Distribution industry
Industry Median: 4.2
vs MMGRF: 14.50
Momentum Group AB (OTCPK:MMGRF) 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.
Momentum Group AB Return-on-Tangible-Asset Related Terms
Momentum Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Momentum Group AB'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.
MMGRF vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Momentum Group AB'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.
Momentum Group AB Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Momentum Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Momentum Group AB'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.54% mean?
Momentum Group AB (MMGRF) has a Return-on-Tangible-Asset of 18.54% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Momentum Group AB and its competitors. This is near median its historical median of 18.39. Over the past decade, Momentum Group AB's Return-on-Tangible-Asset has ranged from 14.50 to 20.39. According to the industry distribution chart, Momentum Group AB ranks #11 out of 158 companies in the Industrial Distribution industry, placing it in the top 7%.
Is Momentum Group AB's Return-on-Tangible-Asset too high?
Momentum Group AB's current Return-on-Tangible-Asset of 18.54% is near median its 10-year median of 18.39. Over the past 10 years, this metric has ranged from a low of 14.50 to a high of 20.39. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.20. Momentum Group AB's value of 18.54% is 341.4% above this industry median. Based on the distribution chart, Momentum Group AB ranks #11 out of 158 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Momentum Group AB has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Momentum Group AB's Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Momentum Group AB ranks #11 out of 158 companies for Return-on-Tangible-Asset. This places Momentum Group AB in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.20. Momentum Group AB's value of 18.54% is 341.4% above this benchmark. Historically, Momentum Group AB's own Return-on-Tangible-Asset has ranged from 14.50 to 20.39 over the past decade. While the company's 10-year median is 18.39 vs. the industry median of 4.20, Momentum Group AB 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.20, based on 158 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. Momentum Group AB's current Return-on-Tangible-Asset of 18.54% is 341.4% 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 Momentum Group AB and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Momentum Group AB's current Return-on-Tangible-Asset is 18.54%, which is near median its own 10-year median of 18.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Momentum Group AB stock overvalued right now?
Momentum Group AB (MMGRF) has a current Return-on-Tangible-Asset of 18.54%. The stock's GF Value™ is $14.38, compared to a current price of $11.69 — trading 18.7% below its estimated fair value. The current Return-on-Tangible-Asset is 18.54%, which is near median its 10-year median of 18.39 and 341.4% above the Industrial Distribution industry median of 4.20. Momentum Group AB's overall GF Score™ is 87/100 with 3 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 Momentum Group AB (MMGRF), the current Return-on-Tangible-Asset is 18.54% as of Jun. 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 Momentum Group AB (MMGRF) Overvalued in 2026?
Based on GuruFocus' analysis, Momentum Group AB stock appears to be undervalued.
The current stock price of $11.69 is trading 18.7% below its estimated GF Value™ of $14.38.
Key valuation signals for MMGRF:
Return-on-Tangible-Asset: 18.54% (near median its 10-year median of 18.39)
GF Value™: $14.38 vs. price of $11.69 (18.7% below fair value)
Industry Position: 341.4% above the Industrial Distribution median (#11 of 158)
No single metric tells the full story. See the MMGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Momentum Group AB operates, develops, and acquires successful sustainable companies in the Nordic region through active ownership with decentralized profit and business responsibility. The group consists of some companies that together constitute one of the Nordic region's key suppliers of industrial components, industrial services, and other related services in the industrial sector. The Group's operating segments comprise the business areas Industry and Infrastructure. Industry consists of businesses that offer components and related services to aftermarket customers and OEMs in the industrial sector in the Nordic region. Infrastructure consists of businesses offering products, services and solutions to customers in industrial infrastructure that are critical to a functioning society.
87GF Score
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