Montana Aerospace AGMTASF 44 Return-on-Tangible-Asset is 3.17% as of Mar. 2026. GuruFocus rates MTASF with a GF Score™ of 44/100 and a GF Value™ of $19.98 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 356 Aerospace & Defense companies, Montana Aerospace AG ranks worse than 65.17% 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. Montana Aerospace AG's annualizedNet Income for the quarter that ended in Mar. 2026 was $48 Mil. Montana Aerospace AG's average total tangible assets for the quarter that ended in Mar. 2026 was $1,510 Mil. Therefore, Montana Aerospace AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.17%.
The historical rank and industry rank for Montana Aerospace AG's Return-on-Tangible-Asset or its related term are showing as below:
MTASF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.07 Med: -1.98 Max: 2.27
Current: 0.12
During the past 8 years, Montana Aerospace AG's highest Return-on-Tangible-Asset was 2.27%. The lowest was -5.07%. And the median was -1.98%.
MTASF's Return-on-Tangible-Asset is ranked worse than 65.17% of 356
companies
in the Aerospace & Defense industry
Industry Median: 3.085
vs MTASF: 0.12
Montana Aerospace AG (OTCPK:MTASF) 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.
Montana Aerospace AG Return-on-Tangible-Asset Related Terms
Montana Aerospace AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Montana Aerospace 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.
Montana Aerospace AG Return-on-Tangible-Asset Chart
MTASF vs GE, RTX, BA: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, Montana Aerospace 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.
Montana Aerospace AG Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Montana Aerospace 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.17% mean?
Montana Aerospace AG (MTASF) has a Return-on-Tangible-Asset of 3.17% 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 Montana Aerospace AG and its competitors. According to the industry distribution chart, Montana Aerospace AG ranks #232 out of 356 companies in the Aerospace & Defense industry, placing it in the top 65.2%.
Is Montana Aerospace AG's Return-on-Tangible-Asset too high?
Montana Aerospace AG's current Return-on-Tangible-Asset is 3.17%. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.09. Montana Aerospace AG's value of 3.17% is 2.8% above this industry median. Based on the distribution chart, Montana Aerospace AG ranks #232 out of 356 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Montana Aerospace AG has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Montana Aerospace AG's Return-on-Tangible-Asset compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Montana Aerospace AG ranks #232 out of 356 companies for Return-on-Tangible-Asset. This places Montana Aerospace AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.09. Montana Aerospace AG's value of 3.17% is 2.8% above this benchmark. 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.09, based on 356 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. Montana Aerospace AG's current Return-on-Tangible-Asset of 3.17% is 2.8% 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 Montana Aerospace AG and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Montana Aerospace AG's current Return-on-Tangible-Asset is 3.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montana Aerospace AG stock overvalued right now?
Based on GuruFocus' analysis, Montana Aerospace AG (MTASF) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.98, compared to a current price of $25.71 — trading 28.7% above its estimated fair value. The current Return-on-Tangible-Asset is 3.17% and 2.8% above the Aerospace & Defense industry median of 3.09. Montana Aerospace AG's overall GF Score™ is 44/100 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 Montana Aerospace AG (MTASF), the current Return-on-Tangible-Asset is 3.17% 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 Montana Aerospace AG (MTASF) Overvalued in 2026?
Based on GuruFocus' analysis, Montana Aerospace AG stock appears to be overvalued.
The current stock price of $25.71 is trading 28.7% above its estimated GF Value™ of $19.98.
GuruFocus considers Montana Aerospace AG to be Modestly Overvalued.
Key valuation signals for MTASF:
Return-on-Tangible-Asset: 3.17%
GF Value™: $19.98 vs. price of $25.71 (28.7% above fair value)
Industry Position: 2.8% above the Aerospace & Defense median (#232 of 356)
No single metric tells the full story. See the MTASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures, and customized assemblies, as well as semi-finished products for specialized applications in a wide array of end markets. The company's reportable segments are Aerostructures and Alpine Metal Tech. Maximum revenue is generated from the Aerostructures segment, which develops and manufactures aircraft parts. Its product portfolio ranges from structural components for fuselage, wings, and landing gear to critical engine components subject to high thermal and mechanical loads, and functional components for the cabin interior. Geographically, the company generates maximum revenue from the USA, followed by Brazil, Germany, China, the United Kingdom, Belgium, and other countries.
44GF Score
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