Marriott Vacations WorldwideVAC -5.27%84 Return-on-Tangible-Asset is 1.46% as of Mar. 2026, which is 55% below its 10-year median of 3.21. GuruFocus rates VAC with a GF Score™ of 84/100 and a GF Value™ of $102.60 (Fairly Valued). The stock has 7 warning signs investors should review. Among 853 Travel & Leisure companies, Marriott Vacations Worldwide ranks worse than 83.82% on this metric.
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.
Marriott Vacations Worldwide Return-on-Tangible-Asset Related Terms
Marriott Vacations Worldwide Return-on-Tangible-Asset Historical Data
* 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.
VAC vs RRR, PENN, HGV: Return-on-Tangible-Asset Comparison
For the Resorts & Casinos subindustry, Marriott Vacations Worldwide'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.
Marriott Vacations Worldwide Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Marriott Vacations Worldwide's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Marriott Vacations Worldwide'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 1.46% mean?
Marriott Vacations Worldwide (VAC) has a Return-on-Tangible-Asset of 1.46% 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 Marriott Vacations Worldwide and its competitors. This is 55% below median its historical median of 3.21. According to the industry distribution chart, Marriott Vacations Worldwide ranks #715 out of 853 companies in the Travel & Leisure industry, placing it in the top 83.8%.
Is Marriott Vacations Worldwide's Return-on-Tangible-Asset too high?
Marriott Vacations Worldwide's current Return-on-Tangible-Asset of 1.46% is 55% below median its 10-year median of 3.21. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.75. Marriott Vacations Worldwide's value of 1.46% is 46.9% below this industry median. Based on the distribution chart, Marriott Vacations Worldwide ranks #715 out of 853 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marriott Vacations Worldwide has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marriott Vacations Worldwide's Return-on-Tangible-Asset compare to RRR and PENN?
According to the Travel & Leisure industry distribution chart, Marriott Vacations Worldwide ranks #715 out of 853 companies for Return-on-Tangible-Asset. This places Marriott Vacations Worldwide in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.75. Marriott Vacations Worldwide's value of 1.46% is 46.9% below this benchmark. While the company's 10-year median is 3.21 vs. the industry median of 2.75, Marriott Vacations Worldwide 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.75, based on 853 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. Marriott Vacations Worldwide's current Return-on-Tangible-Asset of 1.46% is 46.9% 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 Marriott Vacations Worldwide and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marriott Vacations Worldwide's current Return-on-Tangible-Asset is 1.46%, which is 55% below median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marriott Vacations Worldwide stock overvalued right now?
Based on GuruFocus' analysis, Marriott Vacations Worldwide (VAC) is currently considered Fairly Valued. The stock's GF Value™ is $102.60, compared to a current price of $94.11 — trading 8.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.46%, which is 55% below median its 10-year median of 3.21 and 46.9% below the Travel & Leisure industry median of 2.75. Marriott Vacations Worldwide's overall GF Score™ is 84/100 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 Marriott Vacations Worldwide (VAC), the current Return-on-Tangible-Asset is 1.46% 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 Marriott Vacations Worldwide (VAC) Overvalued in 2026?
Based on GuruFocus' analysis, Marriott Vacations Worldwide stock appears to be undervalued.
The current stock price of $94.11 is trading 8.3% below its estimated GF Value™ of $102.60.
GuruFocus considers Marriott Vacations Worldwide to be Fairly Valued.
Key valuation signals for VAC:
Return-on-Tangible-Asset: 1.46% (55% below median its 10-year median of 3.21)
GF Value™: $102.60 vs. price of $94.11 (8.3% below fair value)
Industry Position: 46.9% below the Travel & Leisure median (#715 of 853)
No single metric tells the full story. See the VAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's majority revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
84GF Score
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