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MevacoATH:MEVA -5.63%42 Return-on-Tangible-Equity is 26.82% as of Dec. 2025, which is 29% above its 10-year median of 20.87. GuruFocus rates ATH:MEVA with a GF Score™ of 42/100. The stock has 1 warning sign investors should review. Among 615 Steel companies, Mevaco ranks better than 94.63% 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. Mevaco's annualized net income for the quarter that ended in Dec. 2025 was €10.08 Mil. Mevaco's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €37.57 Mil. Therefore, Mevaco's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 26.82%.
The historical rank and industry rank for Mevaco's Return-on-Tangible-Equity or its related term are showing as below:
ATH:MEVA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.91 Med: 20.87 Max: 26.82
Current: 26.82
During the past 2 years, Mevaco's highest Return-on-Tangible-Equity was 26.82%. The lowest was 14.91%. And the median was 20.87%.
ATH:MEVA's Return-on-Tangible-Equity is ranked better than 94.63% of 615
companies
in the Steel industry
Industry Median: 3.97
vs ATH:MEVA: 26.82
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.
Mevaco Return-on-Tangible-Equity Related Terms
Mevaco Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mevaco'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.
Mevaco Return-on-Tangible-Equity Chart
Mevaco Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Equity
14.91
26.82
Mevaco Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Equity
14.91
26.82
ATH:MEVA vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Mevaco'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.
Mevaco Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Mevaco's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mevaco'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 one times the 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 26.82% mean?
Mevaco (ATH:MEVA) has a Return-on-Tangible-Equity of 26.82% 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 Mevaco and its competitors. This is 29% above median its historical median of 20.87. Over the past decade, Mevaco's Return-on-Tangible-Equity has ranged from 14.91 to 26.82. According to the industry distribution chart, Mevaco ranks #33 out of 615 companies in the Steel industry, placing it in the top 5.4%.
Is Mevaco's Return-on-Tangible-Equity too high?
Mevaco's current Return-on-Tangible-Equity of 26.82% is 29% above median its 10-year median of 20.87. Over the past 10 years, this metric has ranged from a low of 14.91 to a high of 26.82. The Steel industry median Return-on-Tangible-Equity is 3.97. Mevaco's value of 26.82% is 575.6% above this industry median. Based on the distribution chart, Mevaco ranks #33 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mevaco has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Mevaco's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Mevaco ranks #33 out of 615 companies for Return-on-Tangible-Equity. This places Mevaco in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 3.97. Mevaco's value of 26.82% is 575.6% above this benchmark. Historically, Mevaco's own Return-on-Tangible-Equity has ranged from 14.91 to 26.82 over the past decade. While the company's 10-year median is 20.87 vs. the industry median of 3.97, Mevaco 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 a Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.97, based on 615 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. Mevaco's current Return-on-Tangible-Equity of 26.82% is 575.6% 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-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 Mevaco and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mevaco's current Return-on-Tangible-Equity is 26.82%, which is 29% above median its own 10-year median of 20.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mevaco stock overvalued right now?
Mevaco (ATH:MEVA) has a current Return-on-Tangible-Equity of 26.82%. The current Return-on-Tangible-Equity is 26.82%, which is 29% above median its 10-year median of 20.87 and 575.6% above the Steel industry median of 3.97. Mevaco's overall GF Score™ is 42/100 with 1 warning sign 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 Mevaco (ATH:MEVA), the current Return-on-Tangible-Equity is 26.82% 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.
Mevaco SA is engaged in the production of steel and aluminium sheet and similar metal and plastic products. The company mainly produces metallic items and products with basic raw material levels of steel sheets, stainless steel sheets, aluminum, copper, brass, acrylic sheets as well as metal structures of average weight for customers.
42GF Score
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