Johnson MattheyJMPLF 64 Return-on-Tangible-Equity is -8.83% as of Mar. 2026. GuruFocus rates JMPLF with a GF Score™ of 64/100 and a GF Value™ of $19.84 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,572 Chemicals companies, Johnson Matthey ranks worse than 82.44% 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. Johnson Matthey's annualized net income for the quarter that ended in Mar. 2026 was $-208 Mil. Johnson Matthey's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $2,356 Mil. Therefore, Johnson Matthey's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -8.83%.
The historical rank and industry rank for Johnson Matthey's Return-on-Tangible-Equity or its related term are showing as below:
JMPLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.67 Med: 14.67 Max: 32.17
Current: -5.57
During the past 13 years, Johnson Matthey's highest Return-on-Tangible-Equity was 32.17%. The lowest was -5.67%. And the median was 14.67%.
JMPLF's Return-on-Tangible-Equity is ranked worse than 82.44% of 1572
companies
in the Chemicals industry
Industry Median: 5.69
vs JMPLF: -5.57
Johnson Matthey (OTCPK:JMPLF) 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.
Johnson Matthey Return-on-Tangible-Equity Related Terms
Johnson Matthey Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Johnson Matthey'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.
JMPLF vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Johnson Matthey'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.
Johnson Matthey Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Johnson Matthey's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Johnson Matthey'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 (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 -8.83% mean?
Johnson Matthey (JMPLF) has a Return-on-Tangible-Equity of -8.83% 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 Johnson Matthey and its competitors. According to the industry distribution chart, Johnson Matthey ranks #1296 out of 1572 companies in the Chemicals industry, placing it in the top 82.4%.
Is Johnson Matthey's Return-on-Tangible-Equity too high?
Johnson Matthey's current Return-on-Tangible-Equity is -8.83%. Based on the distribution chart, Johnson Matthey ranks #1296 out of 1572 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Johnson Matthey has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Matthey's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Johnson Matthey ranks #1296 out of 1572 companies for Return-on-Tangible-Equity. This places Johnson Matthey in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.69. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.69, based on 1,572 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 Johnson Matthey and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Matthey's current Return-on-Tangible-Equity is -8.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Matthey stock overvalued right now?
Based on GuruFocus' analysis, Johnson Matthey (JMPLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.84, compared to a current price of $28.61 — trading 44.2% above its estimated fair value. The current Return-on-Tangible-Equity is -8.83%. Johnson Matthey's overall GF Score™ is 64/100 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 Johnson Matthey (JMPLF), the current Return-on-Tangible-Equity is -8.83% 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 Johnson Matthey (JMPLF) Overvalued in 2026?
Based on GuruFocus' analysis, Johnson Matthey stock appears to be overvalued.
The current stock price of $28.61 is trading 44.2% above its estimated GF Value™ of $19.84.
GuruFocus considers Johnson Matthey to be Significantly Overvalued.
Key valuation signals for JMPLF:
Return-on-Tangible-Equity: -8.83%
GF Value™: $19.84 vs. price of $28.61 (44.2% above fair value)
No single metric tells the full story. See the JMPLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johnson Matthey PLC is a platinum group metals (PGMs) company. It uses metal chemistry, catalysis, and process engineering and provides technology and expertise to energy, chemicals, and automotive companies to decarbonise, reduce harmful emissions, and improve sustainability. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies and Value Businesses. The company generates maximum revenue from the PGM Services segment, which enables the energy transition through providing circular solutions as demand for scarce critical materials increases, provides a strategic service to the group supporting the other segments with security of metal supply, and manufactures value-added PGM products. The company derives key revenue from the United Kingdom.
64GF Score
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