MYR GroupFRA:MYP +0.29%83 Return-on-Tangible-Equity is 38.04% as of Mar. 2026, which is 106% above its 10-year median of 18.49. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €153.76 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,703 Construction companies, MYR Group ranks better than 85.26% 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. MYR Group's annualized net income for the quarter that ended in Mar. 2026 was €162 Mil. MYR Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €426 Mil. Therefore, MYR Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.04%.
The historical rank and industry rank for MYR Group's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MYP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.02 Med: 18.49 Max: 32.64
Current: 32.64
During the past 13 years, MYR Group's highest Return-on-Tangible-Equity was 32.64%. The lowest was 7.02%. And the median was 18.49%.
FRA:MYP's Return-on-Tangible-Equity is ranked better than 85.26% of 1703
companies
in the Construction industry
Industry Median: 8.23
vs FRA:MYP: 32.64
MYR Group (FRA:MYP) 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.
MYR Group Return-on-Tangible-Equity Related Terms
MYR Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MYR 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.
FRA:MYP vs FLR, TTEK, ACA: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, MYR 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.
MYR Group Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, MYR Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MYR 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 four times the quarterly (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 38.04% mean?
MYR Group (FRA:MYP) has a Return-on-Tangible-Equity of 38.04% 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 MYR Group and its competitors. This is 106% above median its historical median of 18.49. Over the past decade, MYR Group's Return-on-Tangible-Equity has ranged from 7.02 to 32.64. According to the industry distribution chart, MYR Group ranks #251 out of 1703 companies in the Construction industry, placing it in the top 14.7%.
Is MYR Group's Return-on-Tangible-Equity too high?
MYR Group's current Return-on-Tangible-Equity of 38.04% is 106% above median its 10-year median of 18.49. Over the past 10 years, this metric has ranged from a low of 7.02 to a high of 32.64. The Construction industry median Return-on-Tangible-Equity is 8.23. MYR Group's value of 38.04% is 362.2% above this industry median. Based on the distribution chart, MYR Group ranks #251 out of 1703 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, MYR Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Return-on-Tangible-Equity compare to FLR and TTEK?
According to the Construction industry distribution chart, MYR Group ranks #251 out of 1703 companies for Return-on-Tangible-Equity. This places MYR Group in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.23. MYR Group's value of 38.04% is 362.2% above this benchmark. Historically, MYR Group's own Return-on-Tangible-Equity has ranged from 7.02 to 32.64 over the past decade. While the company's 10-year median is 18.49 vs. the industry median of 8.23, MYR 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 8.23, based on 1,703 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. MYR Group's current Return-on-Tangible-Equity of 38.04% is 362.2% 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 MYR Group and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MYR Group's current Return-on-Tangible-Equity is 38.04%, which is 106% above median its own 10-year median of 18.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MYR Group stock overvalued right now?
Based on GuruFocus' analysis, MYR Group (FRA:MYP) is currently considered Significantly Overvalued. The stock's GF Value™ is €153.76, compared to a current price of €374.20 — trading 143.4% above its estimated fair value. The current Return-on-Tangible-Equity is 38.04%, which is 106% above median its 10-year median of 18.49 and 362.2% above the Construction industry median of 8.23. MYR Group's overall GF Score™ is 83/100 with 8 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 MYR Group (FRA:MYP), the current Return-on-Tangible-Equity is 38.04% 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 MYR Group (FRA:MYP) Overvalued in 2026?
Based on GuruFocus' analysis, MYR Group stock appears to be overvalued.
The current stock price of €374.20 is trading 143.4% above its estimated GF Value™ of €153.76.
GuruFocus considers MYR Group to be Significantly Overvalued.
Key valuation signals for FRA:MYP:
Return-on-Tangible-Equity: 38.04% (106% above median its 10-year median of 18.49)
GF Value™: €153.76 vs. price of €374.20 (143.4% above fair value)
Industry Position: 362.2% above the Construction median (#251 of 1703)
No single metric tells the full story. See the FRA:MYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.
83GF Score
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