MVRK (Maverick Lifestyle) Return-on-Tangible-Asset: -16.35% (As of Sep. 2024)


What is Maverick Lifestyle Return-on-Tangible-Asset?

Maverick Lifestyle MVRK Return-on-Tangible-Asset is -16.35% as of Sep. 2024.

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. Maverick Lifestyle's annualized Net Income for the quarter that ended in Sep. 2024 was $-1.38 Mil. Maverick Lifestyle's average total tangible assets for the quarter that ended in Sep. 2024 was $8.47 Mil. Therefore, Maverick Lifestyle's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -16.35%.

The historical rank and industry rank for Maverick Lifestyle's Return-on-Tangible-Asset or its related term are showing as below:

MVRK's Return-on-Tangible-Asset is not ranked *
in the Tobacco Products industry.
Industry Median: 10.52
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Maverick Lifestyle  (NAS:MVRK) 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 company’s 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 company’s 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.


Maverick Lifestyle Return-on-Tangible-Asset Related Terms


Maverick Lifestyle Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Return-on-Tangible-Asset Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
0.00 -22.22 -15.79 -20.86

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -25.21 -18.87 -20.09 0.00 -16.35

MVRK vs : Return-on-Tangible-Asset Comparison

For the Tobacco subindustry, Maverick Lifestyle'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.


Maverick Lifestyle Return-on-Tangible-Asset vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Maverick Lifestyle's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Maverick Lifestyle's Return-on-Tangible-Asset falls into.



Maverick Lifestyle Return-on-Tangible-Asset Calculation

Maverick Lifestyle's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.812/( (8.847+8.525)/ 2 )
=-1.812/8.686
=-20.86 %

Maverick Lifestyle's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-1.384/( (8.544+8.39)/ 2 )
=-1.384/8.467
=-16.35 %

* 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 (Sep. 2024) net income data.

What does a Return-on-Tangible-Asset of -16.35% mean?
Maverick Lifestyle (MVRK) has a Return-on-Tangible-Asset of -16.35% as of Sep. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Return-on-Tangible-Asset too high?
Maverick Lifestyle's current Return-on-Tangible-Asset is -16.35%.
How does Maverick Lifestyle's Return-on-Tangible-Asset compare to ?
Maverick Lifestyle's Return-on-Tangible-Asset of -16.35% can be compared against companies in the Tobacco Products industry. The industry median Return-on-Tangible-Asset is 10.52. 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 Tobacco Products company?
The median Return-on-Tangible-Asset among Tobacco Products companies is 10.52, based on 49 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 Maverick Lifestyle and its competitors. For the Tobacco Products industry, the median Return-on-Tangible-Asset is 10.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maverick Lifestyle's current Return-on-Tangible-Asset is -16.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Return-on-Tangible-Asset of -16.35%. The current Return-on-Tangible-Asset is -16.35%. 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 Maverick Lifestyle (MVRK), the current Return-on-Tangible-Asset is -16.35% as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.