Russel MetalsRUSMF 79 Return-on-Tangible-Asset is 10.93% as of Mar. 2026, which is 45% above its 10-year median of 7.56. GuruFocus rates RUSMF with a GF Score™ of 79/100 and a GF Value™ of $34.50 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 156 Industrial Distribution companies, Russel Metals ranks better than 75.64% 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. Russel Metals's annualizedNet Income for the quarter that ended in Mar. 2026 was $209 Mil. Russel Metals's average total tangible assets for the quarter that ended in Mar. 2026 was $1,915 Mil. Therefore, Russel Metals's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.93%.
The historical rank and industry rank for Russel Metals's Return-on-Tangible-Asset or its related term are showing as below:
RUSMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.5 Med: 7.56 Max: 23.56
Current: 7.71
During the past 13 years, Russel Metals's highest Return-on-Tangible-Asset was 23.56%. The lowest was 1.50%. And the median was 7.56%.
RUSMF's Return-on-Tangible-Asset is ranked better than 75.64% of 156
companies
in the Industrial Distribution industry
Industry Median: 4.245
vs RUSMF: 7.71
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.
Russel Metals Return-on-Tangible-Asset Related Terms
Russel Metals Return-on-Tangible-Asset Historical Data
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The historical data trend for Russel Metals'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.
RUSMF vs GWW, FAST, FERG: Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Russel Metals'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.
Russel Metals Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Russel Metals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Russel Metals'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 10.93% mean?
Russel Metals (RUSMF) has a Return-on-Tangible-Asset of 10.93% 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 Russel Metals and its competitors. This is 45% above median its historical median of 7.56. Over the past decade, Russel Metals' Return-on-Tangible-Asset has ranged from 1.50 to 23.56. According to the industry distribution chart, Russel Metals ranks #38 out of 156 companies in the Industrial Distribution industry, placing it in the top 24.4%.
Is Russel Metals' Return-on-Tangible-Asset too high?
Russel Metals' current Return-on-Tangible-Asset of 10.93% is 45% above median its 10-year median of 7.56. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 23.56. The Industrial Distribution industry median Return-on-Tangible-Asset is 4.25. Russel Metals' value of 10.93% is 157.5% above this industry median. Based on the distribution chart, Russel Metals ranks #38 out of 156 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Russel Metals has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Russel Metals' Return-on-Tangible-Asset compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Russel Metals ranks #38 out of 156 companies for Return-on-Tangible-Asset. This places Russel Metals in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.25. Russel Metals' value of 10.93% is 157.5% above this benchmark. Historically, Russel Metals' own Return-on-Tangible-Asset has ranged from 1.50 to 23.56 over the past decade. While the company's 10-year median is 7.56 vs. the industry median of 4.25, Russel Metals 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.25, based on 156 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. Russel Metals's current Return-on-Tangible-Asset of 10.93% is 157.5% 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 Russel Metals and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Russel Metals's current Return-on-Tangible-Asset is 10.93%, which is 45% above median its own 10-year median of 7.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Russel Metals stock overvalued right now?
Based on GuruFocus' analysis, Russel Metals (RUSMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $34.50, compared to a current price of $42.07 — trading 21.9% above its estimated fair value. The current Return-on-Tangible-Asset is 10.93%, which is 45% above median its 10-year median of 7.56 and 157.5% above the Industrial Distribution industry median of 4.25. Russel Metals' overall GF Score™ is 79/100 with 8 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 Russel Metals (RUSMF), the current Return-on-Tangible-Asset is 10.93% 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 Russel Metals (RUSMF) Overvalued in 2026?
Based on GuruFocus' analysis, Russel Metals stock appears to be overvalued.
The current stock price of $42.07 is trading 21.9% above its estimated GF Value™ of $34.50.
GuruFocus considers Russel Metals to be Modestly Overvalued.
Key valuation signals for RUSMF:
Return-on-Tangible-Asset: 10.93% (45% above median its 10-year median of 7.56)
GF Value™: $34.50 vs. price of $42.07 (21.9% above fair value)
Industry Position: 157.5% above the Industrial Distribution median (#38 of 156)
No single metric tells the full story. See the RUSMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business in Canada and the U.S. in three operating and reportable segments: Metals Service Centers, Energy Field Stores, and Steel Distributors. The majority of its revenue is generated from the Metals Service Centers segment, which carries an extensive line of metal products in a wide range of sizes, shapes, and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum, and other non-ferrous specialty metals. It purchases these products mainly from North American steel producers, processes, packages, and sells them to end users in accordance with their specific needs. Geographically, the company generates maximum revenue from Canada.
79GF Score
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