Mazda MotorMZDAY +3.03%85 Return-on-Tangible-Asset is 4.62% as of Mar. 2026, which is 60% above its 10-year median of 2.88. GuruFocus rates MZDAY with a GF Score™ of 85/100 and a GF Value™ of $3.65 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,336 Vehicles & Parts companies, Mazda Motor ranks worse than 68.94% 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. Mazda Motor's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,255 Mil. Mazda Motor's average total tangible assets for the quarter that ended in Mar. 2026 was $27,156 Mil. Therefore, Mazda Motor's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.62%.
The historical rank and industry rank for Mazda Motor's Return-on-Tangible-Asset or its related term are showing as below:
MZDAY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.13 Med: 2.88 Max: 5.99
Current: 0.86
During the past 13 years, Mazda Motor's highest Return-on-Tangible-Asset was 5.99%. The lowest was -1.13%. And the median was 2.88%.
MZDAY's Return-on-Tangible-Asset is ranked worse than 68.94% of 1336
companies
in the Vehicles & Parts industry
Industry Median: 3.115
vs MZDAY: 0.86
Mazda Motor (OTCPK:MZDAY) 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.
Mazda Motor Return-on-Tangible-Asset Related Terms
Mazda Motor Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mazda Motor'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.
MZDAY vs TSLA, GM, F: Return-on-Tangible-Asset Comparison
For the Auto Manufacturers subindustry, Mazda Motor'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.
Mazda Motor Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mazda Motor's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mazda Motor'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 4.62% mean?
Mazda Motor (MZDAY) has a Return-on-Tangible-Asset of 4.62% 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 Mazda Motor and its competitors. This is 60% above median its historical median of 2.88. According to the industry distribution chart, Mazda Motor ranks #921 out of 1336 companies in the Vehicles & Parts industry, placing it in the top 68.9%.
Is Mazda Motor's Return-on-Tangible-Asset too high?
Mazda Motor's current Return-on-Tangible-Asset of 4.62% is 60% above median its 10-year median of 2.88. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.12. Mazda Motor's value of 4.62% is 48.3% above this industry median. Based on the distribution chart, Mazda Motor ranks #921 out of 1336 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mazda Motor has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mazda Motor's Return-on-Tangible-Asset compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mazda Motor ranks #921 out of 1336 companies for Return-on-Tangible-Asset. This places Mazda Motor in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.12. Mazda Motor's value of 4.62% is 48.3% above this benchmark. While the company's 10-year median is 2.88 vs. the industry median of 3.12, Mazda Motor 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.12, based on 1,336 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. Mazda Motor's current Return-on-Tangible-Asset of 4.62% is 48.3% 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 Mazda Motor and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mazda Motor's current Return-on-Tangible-Asset is 4.62%, which is 60% above median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mazda Motor stock overvalued right now?
Based on GuruFocus' analysis, Mazda Motor (MZDAY) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.65, compared to a current price of $3.40 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Asset is 4.62%, which is 60% above median its 10-year median of 2.88 and 48.3% above the Vehicles & Parts industry median of 3.12. Mazda Motor's overall GF Score™ is 85/100 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 Mazda Motor (MZDAY), the current Return-on-Tangible-Asset is 4.62% 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 Mazda Motor (MZDAY) Overvalued in 2026?
Based on GuruFocus' analysis, Mazda Motor stock appears to be undervalued.
The current stock price of $3.40 is trading 6.8% below its estimated GF Value™ of $3.65.
GuruFocus considers Mazda Motor to be Modestly Undervalued.
Key valuation signals for MZDAY:
Return-on-Tangible-Asset: 4.62% (60% above median its 10-year median of 2.88)
GF Value™: $3.65 vs. price of $3.40 (6.8% below fair value)
Industry Position: 48.3% above the Vehicles & Parts median (#921 of 1336)
No single metric tells the full story. See the MZDAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mazda Motor Corp is a Japanese automobile manufacturer. The company mainly manufactures passenger cars and commercial vehicles. It also manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of the companys production is manufactured locally. The company segments itself across four geographic areas: Japan, North America, Europe, and other markets.
85GF Score
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