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MTU Aero Engines AGMTUAF -2.17%86 Return-on-Tangible-Asset is 9.56% as of Dec. 2025, which is 45% above its 10-year median of 6.60. GuruFocus rates MTUAF with a GF Score™ of 86/100 and a GF Value™ of $454.84 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 359 Aerospace & Defense companies, MTU Aero Engines AG ranks better than 81.62% 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. MTU Aero Engines AG's annualizedNet Income for the quarter that ended in Dec. 2025 was $1,199 Mil. MTU Aero Engines AG's average total tangible assets for the quarter that ended in Dec. 2025 was $12,546 Mil. Therefore, MTU Aero Engines AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 9.56%.
The historical rank and industry rank for MTU Aero Engines AG's Return-on-Tangible-Asset or its related term are showing as below:
MTUAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.19 Med: 6.6 Max: 9.31
Current: 9.31
During the past 13 years, MTU Aero Engines AG's highest Return-on-Tangible-Asset was 9.31%. The lowest was -1.19%. And the median was 6.60%.
MTUAF's Return-on-Tangible-Asset is ranked better than 81.62% of 359
companies
in the Aerospace & Defense industry
Industry Median: 3.05
vs MTUAF: 9.31
MTU Aero Engines AG (OTCPK:MTUAF) 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.
MTU Aero Engines AG Return-on-Tangible-Asset Related Terms
MTU Aero Engines AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MTU Aero Engines 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.
MTU Aero Engines AG Return-on-Tangible-Asset Chart
MTUAF vs SPCX, GE, RTX: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, MTU Aero Engines 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.
MTU Aero Engines AG Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, MTU Aero Engines AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MTU Aero Engines 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 9.56% mean?
MTU Aero Engines AG (MTUAF) has a Return-on-Tangible-Asset of 9.56% 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 MTU Aero Engines AG and its competitors. This is 45% above median its historical median of 6.60. According to the industry distribution chart, MTU Aero Engines AG ranks #66 out of 359 companies in the Aerospace & Defense industry, placing it in the top 18.4%.
Is MTU Aero Engines AG's Return-on-Tangible-Asset too high?
MTU Aero Engines AG's current Return-on-Tangible-Asset of 9.56% is 45% above median its 10-year median of 6.60. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.05. MTU Aero Engines AG's value of 9.56% is 213.4% above this industry median. Based on the distribution chart, MTU Aero Engines AG ranks #66 out of 359 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, MTU Aero Engines AG has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MTU Aero Engines AG's Return-on-Tangible-Asset compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, MTU Aero Engines AG ranks #66 out of 359 companies for Return-on-Tangible-Asset. This places MTU Aero Engines AG in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.05. MTU Aero Engines AG's value of 9.56% is 213.4% above this benchmark. While the company's 10-year median is 6.60 vs. the industry median of 3.05, MTU Aero Engines AG 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 Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.05, based on 359 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. MTU Aero Engines AG's current Return-on-Tangible-Asset of 9.56% is 213.4% 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 MTU Aero Engines AG and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTU Aero Engines AG's current Return-on-Tangible-Asset is 9.56%, which is 45% above median its own 10-year median of 6.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTU Aero Engines AG stock overvalued right now?
Based on GuruFocus' analysis, MTU Aero Engines AG (MTUAF) is currently considered Modestly Undervalued. The stock's GF Value™ is $454.84, compared to a current price of $386.42 — trading 15% below its estimated fair value. The current Return-on-Tangible-Asset is 9.56%, which is 45% above median its 10-year median of 6.60 and 213.4% above the Aerospace & Defense industry median of 3.05. MTU Aero Engines AG's overall GF Score™ is 86/100 with 2 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 MTU Aero Engines AG (MTUAF), the current Return-on-Tangible-Asset is 9.56% 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 MTU Aero Engines AG (MTUAF) Overvalued in 2026?
Based on GuruFocus' analysis, MTU Aero Engines AG stock appears to be undervalued.
The current stock price of $386.42 is trading 15% below its estimated GF Value™ of $454.84.
GuruFocus considers MTU Aero Engines AG to be Modestly Undervalued.
Key valuation signals for MTUAF:
Return-on-Tangible-Asset: 9.56% (45% above median its 10-year median of 6.60)
GF Value™: $454.84 vs. price of $386.42 (15% below fair value)
Industry Position: 213.4% above the Aerospace & Defense median (#66 of 359)
No single metric tells the full story. See the MTUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. The company is a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.
86GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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