Microequities Asset Management Group (ASX:MAM) Return-on-Tangible-Equity: 52.76% (As of Dec. 2025) — 53% Above Median


ASX:MAM Microequities Asset Management Group Ltd ASX:MAM
47 GF Score
Price A$0.41
GF Value A$0.62
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Microequities Asset Management Group Return-on-Tangible-Equity?

Microequities Asset Management Group ASX:MAM +2.53% 47 Return-on-Tangible-Equity is 52.76% as of Dec. 2025, which is 53% above its 10-year median of 34.47. GuruFocus rates ASX:MAM with a GF Score™ of 47/100 and a GF Value™ of A$0.62 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,588 Asset Management companies, Microequities Asset Management Group ranks better than 90.37% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Microequities Asset Management Group's annualized net income for the quarter that ended in Dec. 2025 was A$13.33 Mil. Microequities Asset Management Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$25.26 Mil. Therefore, Microequities Asset Management Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 52.76%.

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

ASX:MAM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 29.15   Med: 34.47   Max: 94.71
Current: 36.87

During the past 9 years, Microequities Asset Management Group's highest Return-on-Tangible-Equity was 94.71%. The lowest was 29.15%. And the median was 34.47%.

ASX:MAM's Return-on-Tangible-Equity is ranked better than
90.37% of 1588 companies
in the Asset Management industry
Industry Median: 7.165 vs ASX:MAM: 36.87

Microequities Asset Management Group  (ASX:MAM) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Microequities Asset Management Group Return-on-Tangible-Equity Related Terms


Microequities Asset Management Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Microequities Asset Management Group's Return-on-Tangible-Equity 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.

Microequities Asset Management Group Return-on-Tangible-Equity Chart

Microequities Asset Management Group Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 94.71 72.74 29.54 29.59 32.22

Microequities Asset Management Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity 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 32.20 26.59 42.49 20.73 52.76

ASX:MAM vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Microequities Asset Management Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Microequities Asset Management Group Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Microequities Asset Management Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Microequities Asset Management Group's Return-on-Tangible-Equity falls into.


ASX:MAM
47GF Score
Microequities Asset Management Group Ltd ASX:MAM
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microequities Asset Management Group Return-on-Tangible-Equity Calculation

Microequities Asset Management Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=7.15/( (21.001+23.377 )/ 2 )
=7.15/22.189
=32.22 %

Microequities Asset Management Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=13.326/( (23.377+27.14)/ 2 )
=13.326/25.2585
=52.76 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 52.76% mean?
Microequities Asset Management Group (ASX:MAM) has a Return-on-Tangible-Equity of 52.76% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Microequities Asset Management Group and its competitors. This is 53% above median its historical median of 34.47. Over the past decade, Microequities Asset Management Group's Return-on-Tangible-Equity has ranged from 29.15 to 94.71. According to the industry distribution chart, Microequities Asset Management Group ranks #153 out of 1588 companies in the Asset Management industry, placing it in the top 9.6%.
Is Microequities Asset Management Group's Return-on-Tangible-Equity too high?
Microequities Asset Management Group's current Return-on-Tangible-Equity of 52.76% is 53% above median its 10-year median of 34.47. Over the past 10 years, this metric has ranged from a low of 29.15 to a high of 94.71. The Asset Management industry median Return-on-Tangible-Equity is 7.17. Microequities Asset Management Group's value of 52.76% is 636.4% above this industry median. Based on the distribution chart, Microequities Asset Management Group ranks #153 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Microequities Asset Management Group has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Microequities Asset Management Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Microequities Asset Management Group ranks #153 out of 1588 companies for Return-on-Tangible-Equity. This places Microequities Asset Management Group in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.17. Microequities Asset Management Group's value of 52.76% is 636.4% above this benchmark. Historically, Microequities Asset Management Group's own Return-on-Tangible-Equity has ranged from 29.15 to 94.71 over the past decade. While the company's 10-year median is 34.47 vs. the industry median of 7.17, Microequities Asset Management Group 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.17, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microequities Asset Management Group's current Return-on-Tangible-Equity of 52.76% is 636.4% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Microequities Asset Management Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microequities Asset Management Group's current Return-on-Tangible-Equity is 52.76%, which is 53% above median its own 10-year median of 34.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microequities Asset Management Group stock overvalued right now?
Based on GuruFocus' analysis, Microequities Asset Management Group (ASX:MAM) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.62, compared to a current price of A$0.41 — trading 34.7% below its estimated fair value. The current Return-on-Tangible-Equity is 52.76%, which is 53% above median its 10-year median of 34.47 and 636.4% above the Asset Management industry median of 7.17. Microequities Asset Management Group's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Microequities Asset Management Group (ASX:MAM), the current Return-on-Tangible-Equity is 52.76% 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 Microequities Asset Management Group (ASX:MAM) Overvalued in 2026?

Based on GuruFocus' analysis, Microequities Asset Management Group stock appears to be undervalued. The current stock price of A$0.41 is trading 34.7% below its estimated GF Value™ of A$0.62. GuruFocus considers Microequities Asset Management Group to be Significantly Undervalued.

Key valuation signals for ASX:MAM:

  • Return-on-Tangible-Equity: 52.76% (53% above median its 10-year median of 34.47)
  • GF Value™: A$0.62 vs. price of A$0.41 (34.7% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 636.4% above the Asset Management median (#153 of 1588)

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


Microequities Asset Management Group Business Description

Address 1 Farrer Place, Suite 3105, Level 31, Governor Macquarie Tower, Sydney, NSW, AUS, 2000
Microequities Asset Management Group Ltd is an asset management firm. It is a boutique value driven Fund manager specialised in exchange listed industrial microcap and small cap companies.
47GF Score

Get the complete analysis for ASX:MAM

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

A$0.41
Price
A$0.62
GF Value