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Minerals TechnologiesMTX -0.64%75 Return-on-Tangible-Asset is 6.18% as of Mar. 2026, which is 7% below its 10-year median of 6.64. GuruFocus rates MTX with a GF Score™ of 75/100 and a GF Value™ of $70.33 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,612 Chemicals companies, Minerals Technologies ranks better than 75.31% 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. Minerals Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was $145 Mil. Minerals Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was $2,344 Mil. Therefore, Minerals Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.18%.
The historical rank and industry rank for Minerals Technologies's Return-on-Tangible-Asset or its related term are showing as below:
MTX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.8 Med: 6.64 Max: 10.07
Current: 6.97
During the past 13 years, Minerals Technologies's highest Return-on-Tangible-Asset was 10.07%. The lowest was -0.80%. And the median was 6.64%.
MTX's Return-on-Tangible-Asset is ranked better than 75.31% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs MTX: 6.97
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.
Minerals Technologies Return-on-Tangible-Asset Related Terms
Minerals Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Minerals Technologies'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.
MTX vs NGVT, KWR, IOSP: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Minerals Technologies'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.
Minerals Technologies Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Minerals Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Minerals Technologies'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 6.18% mean?
Minerals Technologies (MTX) has a Return-on-Tangible-Asset of 6.18% 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 Minerals Technologies and its competitors. This is near median its historical median of 6.64. According to the industry distribution chart, Minerals Technologies ranks #398 out of 1612 companies in the Chemicals industry, placing it in the top 24.7%.
Is Minerals Technologies' Return-on-Tangible-Asset too high?
Minerals Technologies' current Return-on-Tangible-Asset of 6.18% is near median its 10-year median of 6.64. The Chemicals industry median Return-on-Tangible-Asset is 3.08. Minerals Technologies' value of 6.18% is 101% above this industry median. Based on the distribution chart, Minerals Technologies ranks #398 out of 1612 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Minerals Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minerals Technologies' Return-on-Tangible-Asset compare to NGVT and KWR?
According to the Chemicals industry distribution chart, Minerals Technologies ranks #398 out of 1612 companies for Return-on-Tangible-Asset. This places Minerals Technologies in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.08. Minerals Technologies' value of 6.18% is 101% above this benchmark. While the company's 10-year median is 6.64 vs. the industry median of 3.08, Minerals Technologies 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.08, based on 1,612 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. Minerals Technologies's current Return-on-Tangible-Asset of 6.18% is 101% 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 Minerals Technologies and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerals Technologies's current Return-on-Tangible-Asset is 6.18%, which is near median its own 10-year median of 6.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Technologies stock overvalued right now?
Based on GuruFocus' analysis, Minerals Technologies (MTX) is currently considered Fairly Valued. The stock's GF Value™ is $70.33, compared to a current price of $74.91 — trading 6.5% above its estimated fair value. The current Return-on-Tangible-Asset is 6.18%, which is near median its 10-year median of 6.64 and 101% above the Chemicals industry median of 3.08. Minerals Technologies' overall GF Score™ is 75/100 with 7 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 Minerals Technologies (MTX), the current Return-on-Tangible-Asset is 6.18% 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 Minerals Technologies (MTX) Overvalued in 2026?
Based on GuruFocus' analysis, Minerals Technologies stock appears to be overvalued.
The current stock price of $74.91 is trading 6.5% above its estimated GF Value™ of $70.33.
GuruFocus considers Minerals Technologies to be Fairly Valued.
Key valuation signals for MTX:
Return-on-Tangible-Asset: 6.18% (near median its 10-year median of 6.64)
GF Value™: $70.33 vs. price of $74.91 (6.5% above fair value)
Industry Position: 101% above the Chemicals median (#398 of 1612)
No single metric tells the full story. See the MTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into two segments: The Consumer & Specialties segment that derives maximum revenue, serves consumer end markets directly with mineral-to-market finished products and also provides specialty mineral-based solutions and technologies that are an essential component of its customers' finished products; and The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve its customers' manufacturing processes and projects. The majority of revenue comes from the United States, while it also has its presence in Canada/Latin America, Europe/Africa, and Asia.
75GF Score
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