Mips ABMPZAF +5.97%77 Return-on-Tangible-Asset is 21.01% as of Mar. 2026, which is 5% below its 10-year median of 22.11. GuruFocus rates MPZAF with a GF Score™ of 77/100 and a GF Value™ of $110.54 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 858 Travel & Leisure companies, Mips AB ranks better than 95.69% 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. Mips AB's annualizedNet Income for the quarter that ended in Mar. 2026 was $12.45 Mil. Mips AB's average total tangible assets for the quarter that ended in Mar. 2026 was $59.27 Mil. Therefore, Mips AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.01%.
The historical rank and industry rank for Mips AB's Return-on-Tangible-Asset or its related term are showing as below:
MPZAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.4 Med: 22.11 Max: 43.93
Current: 22.74
During the past 13 years, Mips AB's highest Return-on-Tangible-Asset was 43.93%. The lowest was 9.40%. And the median was 22.11%.
MPZAF's Return-on-Tangible-Asset is ranked better than 95.69% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.7
vs MPZAF: 22.74
Mips AB (OTCPK:MPZAF) 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.
Mips AB Return-on-Tangible-Asset Related Terms
Mips AB Return-on-Tangible-Asset Historical Data
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The historical data trend for Mips 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.
MPZAF vs AS, HAS, LTH: Return-on-Tangible-Asset Comparison
For the Leisure subindustry, Mips 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.
Mips AB Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mips 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 21.01% mean?
Mips AB (MPZAF) has a Return-on-Tangible-Asset of 21.01% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mips AB and its competitors. This is near median its historical median of 22.11. Over the past decade, Mips AB's Return-on-Tangible-Asset has ranged from 9.40 to 43.93. According to the industry distribution chart, Mips AB ranks #37 out of 858 companies in the Travel & Leisure industry, placing it in the top 4.3%.
Is Mips AB's Return-on-Tangible-Asset too high?
Mips AB's current Return-on-Tangible-Asset of 21.01% is near median its 10-year median of 22.11. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 43.93. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.70. Mips AB's value of 21.01% is 678.1% above this industry median. Based on the distribution chart, Mips AB ranks #37 out of 858 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Mips AB has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mips AB's Return-on-Tangible-Asset compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Mips AB ranks #37 out of 858 companies for Return-on-Tangible-Asset. This places Mips AB in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.70. Mips AB's value of 21.01% is 678.1% above this benchmark. Historically, Mips AB's own Return-on-Tangible-Asset has ranged from 9.40 to 43.93 over the past decade. While the company's 10-year median is 22.11 vs. the industry median of 2.70, Mips 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 a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.70, based on 858 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. Mips AB's current Return-on-Tangible-Asset of 21.01% is 678.1% 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 Mips AB and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mips AB's current Return-on-Tangible-Asset is 21.01%, which is near median its own 10-year median of 22.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mips AB stock overvalued right now?
Based on GuruFocus' analysis, Mips AB (MPZAF) is currently considered Significantly Undervalued. The stock's GF Value™ is $110.54, compared to a current price of $27.00 — trading 75.6% below its estimated fair value. The current Return-on-Tangible-Asset is 21.01%, which is near median its 10-year median of 22.11 and 678.1% above the Travel & Leisure industry median of 2.70. Mips AB's overall GF Score™ is 77/100 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 Mips AB (MPZAF), the current Return-on-Tangible-Asset is 21.01% as of Mar. 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 Mips AB (MPZAF) Overvalued in 2026?
Based on GuruFocus' analysis, Mips AB stock appears to be undervalued.
The current stock price of $27.00 is trading 75.6% below its estimated GF Value™ of $110.54.
GuruFocus considers Mips AB to be Significantly Undervalued.
Key valuation signals for MPZAF:
Return-on-Tangible-Asset: 21.01% (near median its 10-year median of 22.11)
GF Value™: $110.54 vs. price of $27.00 (75.6% below fair value)
Industry Position: 678.1% above the Travel & Leisure median (#37 of 858)
No single metric tells the full story. See the MPZAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mips AB is a safety solutions provider that develops and sells the Mips safety system, comprising a low friction layer with different components that are designed for different helmet models. The system is adapted to different helmet models and is used by manufacturers in helmets for activities such as cycling, snow sports, motorcycling, and professional safety applications. The company sells its products and licenses the associated technology to helmet brands that manufacture, market, and sell helmets to end-users, directly or indirectly. Geographically, the company derives the majority of revenue from North America.
77GF Score
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