Metro Performance GlassASX:MPP 33 Return-on-Tangible-Equity is -20.68% as of Mar. 2026. GuruFocus rates ASX:MPP with a GF Score™ of 33/100 and a GF Value™ of A$0.49 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,705 Construction companies, Metro Performance Glass ranks worse than 81.82% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Metro Performance Glass's annualized net income for the quarter that ended in Mar. 2026 was A$-6.4 Mil. Metro Performance Glass's average shareholder tangible equity for the quarter that ended in Mar. 2026 was A$30.7 Mil. Therefore, Metro Performance Glass's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -20.68%.
The historical rank and industry rank for Metro Performance Glass's Return-on-Tangible-Equity or its related term are showing as below:
ASX:MPP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -521.49 Med: -4.12 Max: 283.08
Current: -3.4
During the past 11 years, Metro Performance Glass's highest Return-on-Tangible-Equity was 283.08%. The lowest was -521.49%. And the median was -4.12%.
ASX:MPP's Return-on-Tangible-Equity is ranked worse than 81.82% of 1705
companies
in the Construction industry
Industry Median: 8.25
vs ASX:MPP: -3.40
Metro Performance Glass (ASX:MPP) 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.
Metro Performance Glass Return-on-Tangible-Equity Related Terms
Metro Performance Glass Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Metro Performance Glass'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.
Metro Performance Glass Return-on-Tangible-Equity Chart
ASX:MPP vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Metro Performance Glass'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.
Metro Performance Glass Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Metro Performance Glass's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Metro Performance Glass'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -20.68% mean?
Metro Performance Glass (ASX:MPP) has a Return-on-Tangible-Equity of -20.68% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Metro Performance Glass and its competitors. According to the industry distribution chart, Metro Performance Glass ranks #1395 out of 1705 companies in the Construction industry, placing it in the top 81.8%.
Is Metro Performance Glass' Return-on-Tangible-Equity too high?
Metro Performance Glass' current Return-on-Tangible-Equity is -20.68%. Based on the distribution chart, Metro Performance Glass ranks #1395 out of 1705 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Metro Performance Glass has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metro Performance Glass' Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Metro Performance Glass ranks #1395 out of 1705 companies for Return-on-Tangible-Equity. This places Metro Performance Glass in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.25. 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,705 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. 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 Metro Performance Glass and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Performance Glass's current Return-on-Tangible-Equity is -20.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Performance Glass stock overvalued right now?
Based on GuruFocus' analysis, Metro Performance Glass (ASX:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.49, compared to a current price of A$0.95 — trading 92.9% above its estimated fair value. The current Return-on-Tangible-Equity is -20.68%. Metro Performance Glass' overall GF Score™ is 33/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Metro Performance Glass (ASX:MPP), the current Return-on-Tangible-Equity is -20.68% 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 Metro Performance Glass (ASX:MPP) Overvalued in 2026?
Based on GuruFocus' analysis, Metro Performance Glass stock appears to be overvalued.
The current stock price of A$0.95 is trading 92.9% above its estimated GF Value™ of A$0.49.
GuruFocus considers Metro Performance Glass to be Significantly Overvalued.
Key valuation signals for ASX:MPP:
Return-on-Tangible-Equity: -20.68%
GF Value™: A$0.49 vs. price of A$0.95 (92.9% above fair value)
No single metric tells the full story. See the ASX:MPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metro Performance Glass Ltd operates as a glass processor. It group supplies processed flat glass and related products to the residential and commercial building sectors. It offers a range of glass products, including Decorative Glass, low Glass, Mirrors, bathroom shower screens, Shower Glass, Safety Security glass, Obscure, Frosted, and Privacy Glass, doors, and others. Its geographical segments include New Zealand and Australia. It generates a majority of its revenue from New Zealand.
33GF Score
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