MagontecASX:MGL +5.26%42 Return-on-Tangible-Equity is -6.48% as of Dec. 2025. GuruFocus rates ASX:MGL with a GF Score™ of 42/100 and a GF Value™ of A$0.27 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,377 Metals & Mining companies, Magontec ranks better than 54.27% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Magontec's annualized net income for the quarter that ended in Dec. 2025 was A$-2.88 Mil. Magontec's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$44.43 Mil. Therefore, Magontec's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -6.48%.
The historical rank and industry rank for Magontec's Return-on-Tangible-Equity or its related term are showing as below:
ASX:MGL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.91 Med: -1 Max: 38.36
Current: -11.92
During the past 13 years, Magontec's highest Return-on-Tangible-Equity was 38.36%. The lowest was -18.91%. And the median was -1.00%.
ASX:MGL's Return-on-Tangible-Equity is ranked better than 54.27% of 2377
companies
in the Metals & Mining industry
Industry Median: -16.19
vs ASX:MGL: -11.92
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.
Magontec Return-on-Tangible-Equity Related Terms
Magontec Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Magontec'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.
For the Other Industrial Metals & Mining subindustry, Magontec'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.
Magontec Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magontec's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Magontec's Return-on-Tangible-Equity 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-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 -6.48% mean?
Magontec (ASX:MGL) has a Return-on-Tangible-Equity of -6.48% 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 Magontec and its competitors. According to the industry distribution chart, Magontec ranks #1087 out of 2377 companies in the Metals & Mining industry, placing it in the top 45.7%.
Is Magontec's Return-on-Tangible-Equity too high?
Magontec's current Return-on-Tangible-Equity is -6.48%. Based on the distribution chart, Magontec ranks #1087 out of 2377 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Magontec has a GF Score™ of 42/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magontec's Return-on-Tangible-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Magontec ranks #1087 out of 2377 companies for Return-on-Tangible-Equity. This puts Magontec in the upper half of its industry. 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 a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Magontec and its competitors. Magontec's current Return-on-Tangible-Equity is -6.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magontec stock overvalued right now?
Based on GuruFocus' analysis, Magontec (ASX:MGL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.27, compared to a current price of A$0.20 — trading 25.9% below its estimated fair value. The current Return-on-Tangible-Equity is -6.48%. Magontec's overall GF Score™ is 42/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Magontec (ASX:MGL), the current Return-on-Tangible-Equity is -6.48% 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 Magontec (ASX:MGL) Overvalued in 2026?
Based on GuruFocus' analysis, Magontec stock appears to be undervalued.
The current stock price of A$0.20 is trading 25.9% below its estimated GF Value™ of A$0.27.
GuruFocus considers Magontec to be Modestly Undervalued.
Key valuation signals for ASX:MGL:
Return-on-Tangible-Equity: -6.48%
GF Value™: A$0.27 vs. price of A$0.20 (25.9% below fair value)
No single metric tells the full story. See the ASX:MGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magontec Ltd is engaged in the manufacturing and sale of generic and specialist magnesium alloys as well as magnesium and titanium cathodic corrosion protection products. It also researches and develops new proprietary magnesium alloys and technologies. The group's products and services are Primary Mg Alloy, Magnesium Alloy Recycling, and Cathodic Corrosion Protection. It has three segments: Admin, EUR, and PRC. The majority of the group's revenue is generated from the EUR segment, which represents its operations in Europe.
42GF Score
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