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. Mayr-Melnhof Karton AG's annualizedNet Income for the quarter that ended in Dec. 2025 was $-420 Mil. Mayr-Melnhof Karton AG's average total tangible assets for the quarter that ended in Dec. 2025 was $4,208 Mil. Therefore, Mayr-Melnhof Karton AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -9.97%.
The historical rank and industry rank for Mayr-Melnhof Karton AG's Return-on-Tangible-Asset or its related term are showing as below:
MNHFF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2 Med: 8.05 Max: 10
Current: 2.29
During the past 13 years, Mayr-Melnhof Karton AG's highest Return-on-Tangible-Asset was 10.00%. The lowest was 2.00%. And the median was 8.05%.
MNHFF's Return-on-Tangible-Asset is ranked worse than 56.89% of 399
companies
in the Packaging & Containers industry
Industry Median: 2.98
vs MNHFF: 2.29
Mayr-Melnhof Karton AG (OTCPK:MNHFF) 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.
Mayr-Melnhof Karton AG Return-on-Tangible-Asset Related Terms
Mayr-Melnhof Karton AG Return-on-Tangible-Asset Historical Data
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The historical data trend for Mayr-Melnhof Karton AG'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.
Mayr-Melnhof Karton AG Return-on-Tangible-Asset Chart
MNHFF vs SW, PKG, IP: Return-on-Tangible-Asset Comparison
For the Packaging & Containers subindustry, Mayr-Melnhof Karton AG'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.
Mayr-Melnhof Karton AG Return-on-Tangible-Asset vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Mayr-Melnhof Karton AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mayr-Melnhof Karton AG'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -9.97% mean?
Mayr-Melnhof Karton AG (MNHFF) has a Return-on-Tangible-Asset of -9.97% 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 Mayr-Melnhof Karton AG and its competitors. Over the past decade, Mayr-Melnhof Karton AG's Return-on-Tangible-Asset has ranged from 2.00 to 10.00. According to the industry distribution chart, Mayr-Melnhof Karton AG ranks #227 out of 399 companies in the Packaging & Containers industry, placing it in the top 56.9%.
Is Mayr-Melnhof Karton AG's Return-on-Tangible-Asset too high?
Mayr-Melnhof Karton AG's current Return-on-Tangible-Asset is -9.97%. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 10.00. Based on the distribution chart, Mayr-Melnhof Karton AG ranks #227 out of 399 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Mayr-Melnhof Karton AG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayr-Melnhof Karton AG's Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Mayr-Melnhof Karton AG ranks #227 out of 399 companies for Return-on-Tangible-Asset. This places Mayr-Melnhof Karton AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.98. Historically, Mayr-Melnhof Karton AG's own Return-on-Tangible-Asset has ranged from 2.00 to 10.00 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 2.98, based on 399 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 Mayr-Melnhof Karton AG and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 2.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayr-Melnhof Karton AG's current Return-on-Tangible-Asset is -9.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayr-Melnhof Karton AG stock overvalued right now?
Based on GuruFocus' analysis, Mayr-Melnhof Karton AG (MNHFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $73.85, compared to a current price of $92.59 — trading 25.4% above its estimated fair value. The current Return-on-Tangible-Asset is -9.97%. Mayr-Melnhof Karton AG's overall GF Score™ is 65/100 with 5 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 Mayr-Melnhof Karton AG (MNHFF), the current Return-on-Tangible-Asset is -9.97% 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.
Is Mayr-Melnhof Karton AG (MNHFF) Overvalued in 2026?
Based on GuruFocus' analysis, Mayr-Melnhof Karton AG stock appears to be overvalued.
The current stock price of $92.59 is trading 25.4% above its estimated GF Value™ of $73.85.
GuruFocus considers Mayr-Melnhof Karton AG to be Modestly Overvalued.
Key valuation signals for MNHFF:
Return-on-Tangible-Asset: -9.97%
GF Value™: $73.85 vs. price of $92.59 (25.4% above fair value)
No single metric tells the full story. See the MNHFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.
65GF Score
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