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Mennica PolskaWAR:MNC +0.24%81 Return-on-Tangible-Asset is 3.93% as of Mar. 2026, which is 47% below its 10-year median of 7.43. GuruFocus rates WAR:MNC with a GF Score™ of 81/100 and a GF Value™ of zł35.87 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 3,076 Industrial Products companies, Mennica Polska ranks better than 97.66% 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. Mennica Polska's annualizedNet Income for the quarter that ended in Mar. 2026 was zł110 Mil. Mennica Polska's average total tangible assets for the quarter that ended in Mar. 2026 was zł2,795 Mil. Therefore, Mennica Polska's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.93%.
The historical rank and industry rank for Mennica Polska's Return-on-Tangible-Asset or its related term are showing as below:
WAR:MNC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.11 Med: 7.43 Max: 23.94
Current: 21.01
During the past 13 years, Mennica Polska's highest Return-on-Tangible-Asset was 23.94%. The lowest was 0.11%. And the median was 7.43%.
WAR:MNC's Return-on-Tangible-Asset is ranked better than 97.66% of 3076
companies
in the Industrial Products industry
Industry Median: 3.315
vs WAR:MNC: 21.01
Mennica Polska (WAR:MNC) 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.
Mennica Polska Return-on-Tangible-Asset Related Terms
Mennica Polska Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Mennica Polska'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.
WAR:MNC vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Mennica Polska'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.
Mennica Polska Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mennica Polska's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mennica Polska'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 3.93% mean?
Mennica Polska (WAR:MNC) has a Return-on-Tangible-Asset of 3.93% 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 Mennica Polska and its competitors. This is 47% below median its historical median of 7.43. Over the past decade, Mennica Polska's Return-on-Tangible-Asset has ranged from 0.11 to 23.94. According to the industry distribution chart, Mennica Polska ranks #72 out of 3076 companies in the Industrial Products industry, placing it in the top 2.3%.
Is Mennica Polska's Return-on-Tangible-Asset too high?
Mennica Polska's current Return-on-Tangible-Asset of 3.93% is 47% below median its 10-year median of 7.43. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 23.94. The Industrial Products industry median Return-on-Tangible-Asset is 3.32. Mennica Polska's value of 3.93% is 18.6% above this industry median. Based on the distribution chart, Mennica Polska ranks #72 out of 3076 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mennica Polska has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mennica Polska's Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Mennica Polska ranks #72 out of 3076 companies for Return-on-Tangible-Asset. This places Mennica Polska in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.32. Mennica Polska's value of 3.93% is 18.6% above this benchmark. Historically, Mennica Polska's own Return-on-Tangible-Asset has ranged from 0.11 to 23.94 over the past decade. While the company's 10-year median is 7.43 vs. the industry median of 3.32, Mennica Polska 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 Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.32, based on 3,076 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. Mennica Polska's current Return-on-Tangible-Asset of 3.93% is 18.6% 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 Mennica Polska and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mennica Polska's current Return-on-Tangible-Asset is 3.93%, which is 47% below median its own 10-year median of 7.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mennica Polska stock overvalued right now?
Based on GuruFocus' analysis, Mennica Polska (WAR:MNC) is currently considered Modestly Overvalued. The stock's GF Value™ is zł35.87, compared to a current price of zł42.40 — trading 18.2% above its estimated fair value. The current Return-on-Tangible-Asset is 3.93%, which is 47% below median its 10-year median of 7.43 and 18.6% above the Industrial Products industry median of 3.32. Mennica Polska's overall GF Score™ is 81/100 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 Mennica Polska (WAR:MNC), the current Return-on-Tangible-Asset is 3.93% 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 Mennica Polska (WAR:MNC) Overvalued in 2026?
Based on GuruFocus' analysis, Mennica Polska stock appears to be overvalued.
The current stock price of zł42.40 is trading 18.2% above its estimated GF Value™ of zł35.87.
GuruFocus considers Mennica Polska to be Modestly Overvalued.
Key valuation signals for WAR:MNC:
Return-on-Tangible-Asset: 3.93% (47% below median its 10-year median of 7.43)
GF Value™: zł35.87 vs. price of zł42.40 (18.2% above fair value)
Industry Position: 18.6% above the Industrial Products median (#72 of 3076)
No single metric tells the full story. See the WAR:MNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mennica Polska SA is a metal processing company in Poland. It is one of the country's leading producers and distributors of mint and engraving/medal products. The activities of the company are focused on four markets, namely mint products, precious metals processing, ICT services and property development. Mennica's core activity is the production of coins in circulation in Poland. Additionally, it also produces badges, medals, and token coins. In its precious metals segment, the company manufactures catalytic gauzes, paints, equipment for glass furnaces, rolled and drawn precious metal products. The Electronic payment segment deals with the operation of card systems, the sale of public transport tickets and other payment systems.
81GF Score
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