Myer HoldingsMYGSF 38 Return-on-Tangible-Asset is 3.58% as of Jan. 2026, which is 70% above its 10-year median of 2.11. GuruFocus rates MYGSF with a GF Score™ of 38/100 and a GF Value™ of $1.58. The stock has 4 warning signs investors should review. Among 1,127 Retail - Cyclical companies, Myer Holdings ranks worse than 87.84% 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. Myer Holdings's annualizedNet Income for the quarter that ended in Jan. 2026 was $55 Mil. Myer Holdings's average total tangible assets for the quarter that ended in Jan. 2026 was $1,531 Mil. Therefore, Myer Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was 3.58%.
The historical rank and industry rank for Myer Holdings's Return-on-Tangible-Asset or its related term are showing as below:
MYGSF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -55.2 Med: 2.11 Max: 6.26
Current: -8.94
During the past 13 years, Myer Holdings's highest Return-on-Tangible-Asset was 6.26%. The lowest was -55.20%. And the median was 2.11%.
MYGSF's Return-on-Tangible-Asset is ranked worse than 87.84% of 1127
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs MYGSF: -8.94
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.
Myer Holdings Return-on-Tangible-Asset Related Terms
Myer Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Myer 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.
MYGSF vs DDS, M: Return-on-Tangible-Asset Comparison
For the Department Stores subindustry, Myer 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.
Myer Holdings Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Myer 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 (Jan. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.58% mean?
Myer Holdings (MYGSF) has a Return-on-Tangible-Asset of 3.58% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Myer Holdings and its competitors. This is 70% above median its historical median of 2.11. According to the industry distribution chart, Myer Holdings ranks #990 out of 1127 companies in the Retail - Cyclical industry, placing it in the top 87.8%.
Is Myer Holdings' Return-on-Tangible-Asset too high?
Myer Holdings' current Return-on-Tangible-Asset of 3.58% is 70% above median its 10-year median of 2.11. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Myer Holdings' value of 3.58% is 22.2% above this industry median. Based on the distribution chart, Myer Holdings ranks #990 out of 1127 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #990 out of 1127 companies for Return-on-Tangible-Asset. This places Myer Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Myer Holdings' value of 3.58% is 22.2% above this benchmark. While the company's 10-year median is 2.11 vs. the industry median of 2.93, Myer Holdings 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,127 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. Myer Holdings's current Return-on-Tangible-Asset of 3.58% is 22.2% 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current Return-on-Tangible-Asset is 3.58%, which is 70% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Myer Holdings (MYGSF) has a current Return-on-Tangible-Asset of 3.58%. The stock's GF Value™ is $1.58, compared to a current price of $0.97 — trading 38.6% below its estimated fair value. The current Return-on-Tangible-Asset is 3.58%, which is 70% above median its 10-year median of 2.11 and 22.2% above the Retail - Cyclical industry median of 2.93. Myer Holdings' overall GF Score™ is 38/100 with 4 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 Myer Holdings (MYGSF), the current Return-on-Tangible-Asset is 3.58% as of Jan. 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 Myer Holdings (MYGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of $0.97 is trading 38.6% below its estimated GF Value™ of $1.58.
Key valuation signals for MYGSF:
Return-on-Tangible-Asset: 3.58% (70% above median its 10-year median of 2.11)
GF Value™: $1.58 vs. price of $0.97 (38.6% below fair value)
Industry Position: 22.2% above the Retail - Cyclical median (#990 of 1127)
No single metric tells the full story. See the MYGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
38GF Score
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