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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. MJ International Co's annualizedNet Income for the quarter that ended in Dec. 2025 was NT$-250 Mil. MJ International Co's average total tangible assets for the quarter that ended in Dec. 2025 was NT$6,421 Mil. Therefore, MJ International Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -3.90%.
The historical rank and industry rank for MJ International Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:8466'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.02 Med: 4.33 Max: 17.3
Current: -0.94
During the past 13 years, MJ International Co's highest Return-on-Tangible-Asset was 17.30%. The lowest was -1.02%. And the median was 4.33%.
TPE:8466's Return-on-Tangible-Asset is ranked worse than 77.15% of 1781
companies
in the Construction industry
Industry Median: 3.04
vs TPE:8466: -0.94
MJ International Co (TPE:8466) 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.
MJ International Co Return-on-Tangible-Asset Related Terms
MJ International Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MJ International Co'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.
MJ International Co Return-on-Tangible-Asset Chart
TPE:8466 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, MJ International Co'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.
MJ International Co Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, MJ International Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MJ International Co'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -3.90% mean?
MJ International Co (TPE:8466) has a Return-on-Tangible-Asset of -3.90% 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 MJ International Co and its competitors. According to the industry distribution chart, MJ International Co ranks #1374 out of 1781 companies in the Construction industry, placing it in the top 77.1%.
Is MJ International Co's Return-on-Tangible-Asset too high?
MJ International Co's current Return-on-Tangible-Asset is -3.90%. Based on the distribution chart, MJ International Co ranks #1374 out of 1781 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, MJ International Co 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 MJ International Co's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, MJ International Co ranks #1374 out of 1781 companies for Return-on-Tangible-Asset. This places MJ International Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.04. 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,781 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 MJ International Co and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MJ International Co's current Return-on-Tangible-Asset is -3.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJ International Co stock overvalued right now?
Based on GuruFocus' analysis, MJ International Co (TPE:8466) is currently considered Possible Value Trap. The stock's GF Value™ is NT$42.65, compared to a current price of NT$16.80 — trading 60.6% below its estimated fair value. The current Return-on-Tangible-Asset is -3.90%. MJ International Co's overall GF Score™ is 48/100 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 MJ International Co (TPE:8466), the current Return-on-Tangible-Asset is -3.90% 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 MJ International Co (TPE:8466) Overvalued in 2026?
Based on GuruFocus' analysis, MJ International Co stock appears to be undervalued.
The current stock price of NT$16.80 is trading 60.6% below its estimated GF Value™ of NT$42.65.
GuruFocus considers MJ International Co to be Possible Value Trap.
Key valuation signals for TPE:8466:
Return-on-Tangible-Asset: -3.90%
GF Value™: NT$42.65 vs. price of NT$16.80 (60.6% below fair value)
No single metric tells the full story. See the TPE:8466 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MJ International Co Ltd operating activities the development and sale of plastic flooring tiles. Its product includes LVT and SPC floors Rigid core, LVT Dry Back Wood Design, LVT Dry Back Stone Design, LVT Dry Back Carpet Design, LVT Dry Back Exclusive Design. The company has single operating segment. It operates in two principal geographical areas, Mainland China and Taiwan.
48GF Score
Get the complete analysis for TPE:8466
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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