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Master Drilling GroupFRA:I49 61 Return-on-Tangible-Equity is 13.47% as of Dec. 2025, which is 10% above its 10-year median of 12.21. GuruFocus rates FRA:I49 with a GF Score™ of 61/100 and a GF Value™ of €0.84 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,712 Construction companies, Master Drilling Group ranks better than 72.43% 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. Master Drilling Group's annualized net income for the quarter that ended in Dec. 2025 was €21.9 Mil. Master Drilling Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €162.8 Mil. Therefore, Master Drilling Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 13.47%.
The historical rank and industry rank for Master Drilling Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:I49'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.09 Med: 12.21 Max: 18.1
Current: 16.69
During the past 13 years, Master Drilling Group's highest Return-on-Tangible-Equity was 18.10%. The lowest was 2.09%. And the median was 12.21%.
FRA:I49's Return-on-Tangible-Equity is ranked better than 72.43% of 1712
companies
in the Construction industry
Industry Median: 8.235
vs FRA:I49: 16.69
Master Drilling Group (FRA:I49) 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.
Master Drilling Group Return-on-Tangible-Equity Related Terms
Master Drilling Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Master Drilling Group'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.
Master Drilling Group Return-on-Tangible-Equity Chart
FRA:I49 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Master Drilling Group'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.
Master Drilling Group Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Master Drilling Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Master Drilling Group'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 13.47% mean?
Master Drilling Group (FRA:I49) has a Return-on-Tangible-Equity of 13.47% 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 Master Drilling Group and its competitors. This is 10% above median its historical median of 12.21. Over the past decade, Master Drilling Group's Return-on-Tangible-Equity has ranged from 2.09 to 18.10. According to the industry distribution chart, Master Drilling Group ranks #472 out of 1712 companies in the Construction industry, placing it in the top 27.6%.
Is Master Drilling Group's Return-on-Tangible-Equity too high?
Master Drilling Group's current Return-on-Tangible-Equity of 13.47% is 10% above median its 10-year median of 12.21. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 18.10. The Construction industry median Return-on-Tangible-Equity is 8.24. Master Drilling Group's value of 13.47% is 63.6% above this industry median. Based on the distribution chart, Master Drilling Group ranks #472 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Master Drilling Group has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Master Drilling Group's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Master Drilling Group ranks #472 out of 1712 companies for Return-on-Tangible-Equity. This puts Master Drilling Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.24. Master Drilling Group's value of 13.47% is 63.6% above this benchmark. Historically, Master Drilling Group's own Return-on-Tangible-Equity has ranged from 2.09 to 18.10 over the past decade. While the company's 10-year median is 12.21 vs. the industry median of 8.24, Master Drilling Group 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, based on 1,712 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. Master Drilling Group's current Return-on-Tangible-Equity of 13.47% is 63.6% 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 Master Drilling Group and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Master Drilling Group's current Return-on-Tangible-Equity is 13.47%, which is 10% above median its own 10-year median of 12.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Master Drilling Group stock overvalued right now?
Based on GuruFocus' analysis, Master Drilling Group (FRA:I49) is currently considered Fairly Valued. The stock's GF Value™ is €0.84, compared to a current price of €0.82 — trading 2.4% below its estimated fair value. The current Return-on-Tangible-Equity is 13.47%, which is 10% above median its 10-year median of 12.21 and 63.6% above the Construction industry median of 8.24. Master Drilling Group's overall GF Score™ is 61/100 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 Master Drilling Group (FRA:I49), the current Return-on-Tangible-Equity is 13.47% 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 Master Drilling Group (FRA:I49) Overvalued in 2026?
Based on GuruFocus' analysis, Master Drilling Group stock appears to be undervalued.
The current stock price of €0.82 is trading 2.4% below its estimated GF Value™ of €0.84.
GuruFocus considers Master Drilling Group to be Fairly Valued.
Key valuation signals for FRA:I49:
Return-on-Tangible-Equity: 13.47% (10% above median its 10-year median of 12.21)
GF Value™: €0.84 vs. price of €0.82 (2.4% below fair value)
Industry Position: 63.6% above the Construction median (#472 of 1712)
No single metric tells the full story. See the FRA:I49 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Master Drilling Group Ltd is an investment holding company. The company along with its subsidiary companies is engaged in providing specialized drilling services and solutions that enforce business rules, optimize output, safeguard miners, protect/manage assets and locate missing persons for blue-chip and mid-tier companies in the mining, civil engineering, construction and hydroelectric power sectors across a number of commodities and geographies. Its activities include the Sale of industrial products, Raise boring, Support services, Slim drilling, and New rock boring technology.
61GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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