MCS ServicesASX:MSG Return-on-Tangible-Equity is -41.85% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 1,008 Business Services companies, MCS Services ranks worse than 91.57% 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. MCS Services's annualized net income for the quarter that ended in Dec. 2025 was A$-0.43 Mil. MCS Services's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$1.03 Mil. Therefore, MCS Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -41.85%.
The historical rank and industry rank for MCS Services's Return-on-Tangible-Equity or its related term are showing as below:
ASX:MSG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -385.64 Med: 3.39 Max: 89.56
Current: -25.86
During the past 13 years, MCS Services's highest Return-on-Tangible-Equity was 89.56%. The lowest was -385.64%. And the median was 3.39%.
ASX:MSG's Return-on-Tangible-Equity is ranked worse than 91.57% of 1008
companies
in the Business Services industry
Industry Median: 10.565
vs ASX:MSG: -25.86
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.
MCS Services Return-on-Tangible-Equity Related Terms
MCS Services Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MCS Services'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.
ASX:MSG vs ALLE, MSA, ADT: Return-on-Tangible-Equity Comparison
For the Security & Protection Services subindustry, MCS Services'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.
MCS Services Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, MCS Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MCS Services'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 -41.85% mean?
MCS Services (ASX:MSG) has a Return-on-Tangible-Equity of -41.85% 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 MCS Services and its competitors. According to the industry distribution chart, MCS Services ranks #923 out of 1008 companies in the Business Services industry, placing it in the top 91.6%.
Is MCS Services' Return-on-Tangible-Equity too high?
MCS Services' current Return-on-Tangible-Equity is -41.85%. Based on the distribution chart, MCS Services ranks #923 out of 1008 companies in the Business Services industry, which is in the bottom quartile relative to peers.
How does MCS Services' Return-on-Tangible-Equity compare to ALLE and MSA?
According to the Business Services industry distribution chart, MCS Services ranks #923 out of 1008 companies for Return-on-Tangible-Equity. This places MCS Services in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.57. 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.57, based on 1,008 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 MCS Services and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCS Services's current Return-on-Tangible-Equity is -41.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCS Services stock overvalued right now?
MCS Services (ASX:MSG) has a current Return-on-Tangible-Equity of -41.85%. The current Return-on-Tangible-Equity is -41.85%. 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 MCS Services (ASX:MSG), the current Return-on-Tangible-Equity is -41.85% 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.
MCS Services Ltd is specialised in Traffic Management through its 100% owned subsidiary, Highways Traffic Pty Ltd. Highways services road infrastructure projects in the Perth metropolitan area and regional WA. The company operates in one operating segment, traffic management, which operates entirely within Australia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MSG has been successfully added to your 