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Multi Ways HoldingsMWG 48 Return-on-Tangible-Asset is -4.27% as of Dec. 2025. GuruFocus rates MWG with a GF Score™ of 48/100 and a GF Value™ of $3.18 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,096 Business Services companies, Multi Ways Holdings ranks worse than 73.54% 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. Multi Ways Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was $-2.67 Mil. Multi Ways Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was $62.58 Mil. Therefore, Multi Ways Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -4.27%.
The historical rank and industry rank for Multi Ways Holdings's Return-on-Tangible-Asset or its related term are showing as below:
MWG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.47 Med: 2.18 Max: 3.38
Current: -0.67
During the past 6 years, Multi Ways Holdings's highest Return-on-Tangible-Asset was 3.38%. The lowest was -4.47%. And the median was 2.18%.
MWG's Return-on-Tangible-Asset is ranked worse than 73.54% of 1096
companies
in the Business Services industry
Industry Median: 3.955
vs MWG: -0.67
Multi Ways Holdings (AMEX:MWG) 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.
Multi Ways Holdings Return-on-Tangible-Asset Related Terms
Multi Ways Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Multi Ways Holdings'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.
Multi Ways Holdings Return-on-Tangible-Asset Chart
MWG vs AIHS, AITX, BDST: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.
Multi Ways Holdings Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Multi Ways Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Multi Ways Holdings'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 -4.27% mean?
Multi Ways Holdings (MWG) has a Return-on-Tangible-Asset of -4.27% 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 Multi Ways Holdings and its competitors. According to the industry distribution chart, Multi Ways Holdings ranks #806 out of 1096 companies in the Business Services industry, placing it in the top 73.5%.
Is Multi Ways Holdings' Return-on-Tangible-Asset too high?
Multi Ways Holdings' current Return-on-Tangible-Asset is -4.27%. Based on the distribution chart, Multi Ways Holdings ranks #806 out of 1096 companies in the Business Services industry, which is below the industry midpoint. Overall, Multi Ways Holdings has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Multi Ways Holdings' Return-on-Tangible-Asset compare to AIHS and AITX?
According to the Business Services industry distribution chart, Multi Ways Holdings ranks #806 out of 1096 companies for Return-on-Tangible-Asset. This places Multi Ways Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.96. 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.96, based on 1,096 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 Multi Ways Holdings and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Ways Holdings's current Return-on-Tangible-Asset is -4.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Ways Holdings stock overvalued right now?
Based on GuruFocus' analysis, Multi Ways Holdings (MWG) is currently considered Possible Value Trap. The stock's GF Value™ is $3.18, compared to a current price of $1.33 — trading 58.2% below its estimated fair value. The current Return-on-Tangible-Asset is -4.27%. Multi Ways Holdings' overall GF Score™ is 48/100 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 Multi Ways Holdings (MWG), the current Return-on-Tangible-Asset is -4.27% 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 Multi Ways Holdings (MWG) Overvalued in 2026?
Based on GuruFocus' analysis, Multi Ways Holdings stock appears to be undervalued.
The current stock price of $1.33 is trading 58.2% below its estimated GF Value™ of $3.18.
GuruFocus considers Multi Ways Holdings to be Possible Value Trap.
Key valuation signals for MWG:
Return-on-Tangible-Asset: -4.27%
GF Value™: $3.18 vs. price of $1.33 (58.2% below fair value)
No single metric tells the full story. See the MWG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.
48GF Score
Get the complete analysis for MWG
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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