Megaron (WAR:MEG) Return-on-Tangible-Asset: 4.39% (As of Mar. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:MEG Megaron SA WAR:MEG
70 GF Score
Price zł7.00
GF Value zł5.78
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Megaron Return-on-Tangible-Asset?

Megaron WAR:MEG 70 Return-on-Tangible-Asset is 4.39% as of Mar. 2026, which is 12% above its 10-year median of 3.91. GuruFocus rates WAR:MEG with a GF Score™ of 70/100 and a GF Value™ of zł5.78 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 410 Building Materials companies, Megaron ranks worse than 72.68% 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. Megaron's annualized Net Income for the quarter that ended in Mar. 2026 was zł1.29 Mil. Megaron's average total tangible assets for the quarter that ended in Mar. 2026 was zł29.31 Mil. Therefore, Megaron's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.39%.

The historical rank and industry rank for Megaron's Return-on-Tangible-Asset or its related term are showing as below:

WAR:MEG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.88   Med: 3.91   Max: 12.83
Current: -0.05

During the past 13 years, Megaron's highest Return-on-Tangible-Asset was 12.83%. The lowest was -2.88%. And the median was 3.91%.

WAR:MEG's Return-on-Tangible-Asset is ranked worse than
72.68% of 410 companies
in the Building Materials industry
Industry Median: 2.34 vs WAR:MEG: -0.05

Megaron  (WAR:MEG) 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 company’s 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 company’s 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.


Megaron Return-on-Tangible-Asset Related Terms


Megaron Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Megaron'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.

Megaron Return-on-Tangible-Asset Chart

Megaron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.80 -2.88 -2.24 3.02 0.36

Megaron Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.61 -3.03 3.69 -5.19 4.39

WAR:MEG vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison

For the Building Materials subindustry, Megaron'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.


Megaron Return-on-Tangible-Asset vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Megaron's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Megaron's Return-on-Tangible-Asset falls into.


WAR:MEG
70GF Score
Megaron SA WAR:MEG
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megaron Return-on-Tangible-Asset Calculation

Megaron's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=0.106/( (30.641+28.02)/ 2 )
=0.106/29.3305
=0.36 %

Megaron's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1.288/( (28.02+30.597)/ 2 )
=1.288/29.3085
=4.39 %

* 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 4.39% mean?
Megaron (WAR:MEG) has a Return-on-Tangible-Asset of 4.39% 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 Megaron and its competitors. This is 12% above median its historical median of 3.91. According to the industry distribution chart, Megaron ranks #298 out of 410 companies in the Building Materials industry, placing it in the top 72.7%.
Is Megaron's Return-on-Tangible-Asset too high?
Megaron's current Return-on-Tangible-Asset of 4.39% is 12% above median its 10-year median of 3.91. The Building Materials industry median Return-on-Tangible-Asset is 2.34. Megaron's value of 4.39% is 87.6% above this industry median. Based on the distribution chart, Megaron ranks #298 out of 410 companies in the Building Materials industry, which is below the industry midpoint. Overall, Megaron has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Megaron's Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Megaron ranks #298 out of 410 companies for Return-on-Tangible-Asset. This places Megaron in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.34. Megaron's value of 4.39% is 87.6% above this benchmark. While the company's 10-year median is 3.91 vs. the industry median of 2.34, Megaron 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 Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.34, based on 410 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. Megaron's current Return-on-Tangible-Asset of 4.39% is 87.6% 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 Megaron and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megaron's current Return-on-Tangible-Asset is 4.39%, which is 12% above median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megaron stock overvalued right now?
Based on GuruFocus' analysis, Megaron (WAR:MEG) is currently considered Modestly Overvalued. The stock's GF Value™ is zł5.78, compared to a current price of zł7.00 — trading 21.1% above its estimated fair value. The current Return-on-Tangible-Asset is 4.39%, which is 12% above median its 10-year median of 3.91 and 87.6% above the Building Materials industry median of 2.34. Megaron's overall GF Score™ is 70/100 with 6 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 Megaron (WAR:MEG), the current Return-on-Tangible-Asset is 4.39% 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 Megaron (WAR:MEG) Overvalued in 2026?

Based on GuruFocus' analysis, Megaron stock appears to be overvalued. The current stock price of zł7.00 is trading 21.1% above its estimated GF Value™ of zł5.78. GuruFocus considers Megaron to be Modestly Overvalued.

Key valuation signals for WAR:MEG:

  • Return-on-Tangible-Asset: 4.39% (12% above median its 10-year median of 3.91)
  • GF Value™: zł5.78 vs. price of zł7.00 (21.1% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 87.6% above the Building Materials median (#298 of 410)

No single metric tells the full story. See the WAR:MEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Megaron Business Description

Address Ul Pyrzycka 3 e f, Szczecin, POL, 70-892
Megaron SA is a Poland based company engaged in the production and distribution of building materials. It offers plaster coats, gypsum putty, and assembly adhesives. The company sells its products through distributors and sales representatives.
70GF Score

Get the complete analysis for WAR:MEG

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł7.00
Price
zł5.78
GF Value