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Martinrea InternationalTSX:MRE +2.02%84 Return-on-Tangible-Asset is 2.95% as of Mar. 2026, which is 19% below its 10-year median of 3.64. GuruFocus rates TSX:MRE with a GF Score™ of 84/100 and a GF Value™ of C$10.75 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Martinrea International ranks worse than 50.64% 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. Martinrea International's annualizedNet Income for the quarter that ended in Mar. 2026 was C$111 Mil. Martinrea International's average total tangible assets for the quarter that ended in Mar. 2026 was C$3,778 Mil. Therefore, Martinrea International's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.95%.
The historical rank and industry rank for Martinrea International's Return-on-Tangible-Asset or its related term are showing as below:
TSX:MRE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.89 Med: 3.64 Max: 6.99
Current: 3.07
During the past 13 years, Martinrea International's highest Return-on-Tangible-Asset was 6.99%. The lowest was -0.89%. And the median was 3.64%.
TSX:MRE's Return-on-Tangible-Asset is ranked worse than 50.64% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 3.16
vs TSX:MRE: 3.07
Martinrea International (TSX:MRE) 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.
Martinrea International Return-on-Tangible-Asset Related Terms
Martinrea International Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Martinrea International'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.
Martinrea International Return-on-Tangible-Asset Chart
TSX:MRE vs ORLY, AZO, GPC: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Martinrea International'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.
Martinrea International Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Martinrea International'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 2.95% mean?
Martinrea International (TSX:MRE) has a Return-on-Tangible-Asset of 2.95% 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 Martinrea International and its competitors. This is 19% below median its historical median of 3.64. According to the industry distribution chart, Martinrea International ranks #674 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 50.6%.
Is Martinrea International's Return-on-Tangible-Asset too high?
Martinrea International's current Return-on-Tangible-Asset of 2.95% is 19% below median its 10-year median of 3.64. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.16. Martinrea International's value of 2.95% is 6.6% below this industry median. Based on the distribution chart, Martinrea International ranks #674 out of 1331 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Martinrea International has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Martinrea International's Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Martinrea International ranks #674 out of 1331 companies for Return-on-Tangible-Asset. This places Martinrea International in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.16. Martinrea International's value of 2.95% is 6.6% below this benchmark. While the company's 10-year median is 3.64 vs. the industry median of 3.16, Martinrea International has consistently been below 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 3.16, based on 1,331 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. Martinrea International's current Return-on-Tangible-Asset of 2.95% is 6.6% below 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 Martinrea International and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martinrea International's current Return-on-Tangible-Asset is 2.95%, which is 19% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martinrea International stock overvalued right now?
Based on GuruFocus' analysis, Martinrea International (TSX:MRE) is currently considered Fairly Valued. The stock's GF Value™ is C$10.75, compared to a current price of C$10.10 — trading 6% below its estimated fair value. The current Return-on-Tangible-Asset is 2.95%, which is 19% below median its 10-year median of 3.64 and 6.6% below the Vehicles & Parts industry median of 3.16. Martinrea International's overall GF Score™ is 84/100 with 2 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 Martinrea International (TSX:MRE), the current Return-on-Tangible-Asset is 2.95% 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 Martinrea International (TSX:MRE) Overvalued in 2026?
Based on GuruFocus' analysis, Martinrea International stock appears to be undervalued.
The current stock price of C$10.10 is trading 6% below its estimated GF Value™ of C$10.75.
GuruFocus considers Martinrea International to be Fairly Valued.
Key valuation signals for TSX:MRE:
Return-on-Tangible-Asset: 2.95% (19% below median its 10-year median of 3.64)
GF Value™: C$10.75 vs. price of C$10.10 (6% below fair value)
Industry Position: 6.6% below the Vehicles & Parts median (#674 of 1331)
No single metric tells the full story. See the TSX:MRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Martinrea International Inc is a diversified and world-wide automotive supplier engaged in the design, development and manufacturing of engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used in the automotive sector by the majority of vehicle manufacturers. The Company's offerings include products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The company also provides metal forming and welding solutions. The company operates in Canada, USA, Europe, and Other Countries.
84GF Score
Get the complete analysis for TSX:MRE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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