Manitou BFCHIX:MTUP -10.42%91 Return-on-Tangible-Equity is 8.56% as of Dec. 2025, which is 34% below its 10-year median of 12.88. GuruFocus rates CHIX:MTUP with a GF Score™ of 91/100 and a GF Value™ of €19.63 (Fairly Valued). The stock has 5 warning signs investors should review. Among 198 Farm & Heavy Construction Machinery companies, Manitou BF ranks worse than 56.06% 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. Manitou BF's annualized net income for the quarter that ended in Dec. 2025 was €71 Mil. Manitou BF's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €835 Mil. Therefore, Manitou BF's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.56%.
The historical rank and industry rank for Manitou BF's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:MTUp'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.54 Med: 12.88 Max: 18.89
Current: 8.11
During the past 13 years, Manitou BF's highest Return-on-Tangible-Equity was 18.89%. The lowest was 6.54%. And the median was 12.88%.
CHIX:MTUp's Return-on-Tangible-Equity is ranked worse than 56.06% of 198
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.355
vs CHIX:MTUp: 8.11
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.
Manitou BF Return-on-Tangible-Equity Related Terms
Manitou BF Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Manitou BF'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.
CHIX:MTUP vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Manitou BF'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.
Manitou BF Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitou BF's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Manitou BF'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 8.56% mean?
Manitou BF (CHIX:MTUP) has a Return-on-Tangible-Equity of 8.56% 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 Manitou BF and its competitors. This is 34% below median its historical median of 12.88. Over the past decade, Manitou BF's Return-on-Tangible-Equity has ranged from 6.54 to 18.89. According to the industry distribution chart, Manitou BF ranks #111 out of 198 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 56.1%.
Is Manitou BF's Return-on-Tangible-Equity too high?
Manitou BF's current Return-on-Tangible-Equity of 8.56% is 34% below median its 10-year median of 12.88. Over the past 10 years, this metric has ranged from a low of 6.54 to a high of 18.89. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.36. Manitou BF's value of 8.56% is 8.5% below this industry median. Based on the distribution chart, Manitou BF ranks #111 out of 198 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Manitou BF has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manitou BF's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Manitou BF ranks #111 out of 198 companies for Return-on-Tangible-Equity. This places Manitou BF in the lower half of its industry. The industry median Return-on-Tangible-Equity is 9.36. Manitou BF's value of 8.56% is 8.5% below this benchmark. Historically, Manitou BF's own Return-on-Tangible-Equity has ranged from 6.54 to 18.89 over the past decade. While the company's 10-year median is 12.88 vs. the industry median of 9.36, Manitou BF has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.36, based on 198 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. Manitou BF's current Return-on-Tangible-Equity of 8.56% is 8.5% below 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 Manitou BF and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manitou BF's current Return-on-Tangible-Equity is 8.56%, which is 34% below median its own 10-year median of 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manitou BF stock overvalued right now?
Based on GuruFocus' analysis, Manitou BF (CHIX:MTUP) is currently considered Fairly Valued. The stock's GF Value™ is €19.63, compared to a current price of €19.26 — trading 1.9% below its estimated fair value. The current Return-on-Tangible-Equity is 8.56%, which is 34% below median its 10-year median of 12.88 and 8.5% below the Farm & Heavy Construction Machinery industry median of 9.36. Manitou BF's overall GF Score™ is 91/100 with 5 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 Manitou BF (CHIX:MTUP), the current Return-on-Tangible-Equity is 8.56% 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 Manitou BF (CHIX:MTUP) Overvalued in 2026?
Based on GuruFocus' analysis, Manitou BF stock appears to be undervalued.
The current stock price of €19.26 is trading 1.9% below its estimated GF Value™ of €19.63.
GuruFocus considers Manitou BF to be Fairly Valued.
Key valuation signals for CHIX:MTUP:
Return-on-Tangible-Equity: 8.56% (34% below median its 10-year median of 12.88)
GF Value™: €19.63 vs. price of €19.26 (1.9% below fair value)
Industry Position: 8.5% below the Farm & Heavy Construction Machinery median (#111 of 198)
No single metric tells the full story. See the CHIX:MTUP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manitou BF SA is an industrial equipment manufacturer based in France. It is one of the companies in developing all-terrain material handling equipment meant for construction, agricultural and industrial usage. Manitou's product mix is comprised of fixed, rotating and heavyweight all-terrain telescopic forklift-trucks, semi-industrial and industrial all-terrain masted forklift-trucks, compact loaders, aerial work platforms for personnel and warehousing equipment. These products are marketed through well-known brands such as Manitou, Gehl, and Mustang available with dealers throughout the world. Most of its revenue is derived from sales in countries of Northern Europe.
91GF Score
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