Malta International AirportMAL:MIA -0.80%100 Return-on-Tangible-Equity is 22.51% as of Dec. 2025, which is 10% below its 10-year median of 24.94. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.05 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 976 Transportation companies, Malta International Airport ranks better than 81.66% 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. Malta International Airport's annualized net income for the quarter that ended in Dec. 2025 was €50.6 Mil. Malta International Airport's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €224.9 Mil. Therefore, Malta International Airport's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 22.51%.
The historical rank and industry rank for Malta International Airport's Return-on-Tangible-Equity or its related term are showing as below:
MAL:MIA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.65 Med: 24.94 Max: 29.36
Current: 22.88
During the past 13 years, Malta International Airport's highest Return-on-Tangible-Equity was 29.36%. The lowest was -3.65%. And the median was 24.94%.
MAL:MIA's Return-on-Tangible-Equity is ranked better than 81.66% of 976
companies
in the Transportation industry
Industry Median: 8.97
vs MAL:MIA: 22.88
Malta International Airport (MAL:MIA) 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.
Malta International Airport Return-on-Tangible-Equity Related Terms
Malta International Airport Return-on-Tangible-Equity Historical Data
* 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.
Malta International Airport Return-on-Tangible-Equity Chart
MAL:MIA vs JOBY, CAAP: Return-on-Tangible-Equity Comparison
For the Airports & Air Services subindustry, Malta International Airport'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.
Malta International Airport Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Malta International Airport's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Malta International Airport'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 22.51% mean?
Malta International Airport (MAL:MIA) has a Return-on-Tangible-Equity of 22.51% 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 Malta International Airport and its competitors. This is 10% below median its historical median of 24.94. According to the industry distribution chart, Malta International Airport ranks #179 out of 976 companies in the Transportation industry, placing it in the top 18.3%.
Is Malta International Airport's Return-on-Tangible-Equity too high?
Malta International Airport's current Return-on-Tangible-Equity of 22.51% is 10% below median its 10-year median of 24.94. The Transportation industry median Return-on-Tangible-Equity is 8.97. Malta International Airport's value of 22.51% is 150.9% above this industry median. Based on the distribution chart, Malta International Airport ranks #179 out of 976 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's Return-on-Tangible-Equity compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #179 out of 976 companies for Return-on-Tangible-Equity. This places Malta International Airport in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.97. Malta International Airport's value of 22.51% is 150.9% above this benchmark. While the company's 10-year median is 24.94 vs. the industry median of 8.97, Malta International Airport 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.97, based on 976 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. Malta International Airport's current Return-on-Tangible-Equity of 22.51% is 150.9% 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 Malta International Airport and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current Return-on-Tangible-Equity is 22.51%, which is 10% below median its own 10-year median of 24.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.05, compared to a current price of €6.20 — trading 23% below its estimated fair value. The current Return-on-Tangible-Equity is 22.51%, which is 10% below median its 10-year median of 24.94 and 150.9% above the Transportation industry median of 8.97. Malta International Airport's overall GF Score™ is 100/100 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 Malta International Airport (MAL:MIA), the current Return-on-Tangible-Equity is 22.51% 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 Malta International Airport (MAL:MIA) Overvalued in 2026?
Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued.
The current stock price of €6.20 is trading 23% below its estimated GF Value™ of €8.05.
GuruFocus considers Malta International Airport to be Modestly Undervalued.
Key valuation signals for MAL:MIA:
Return-on-Tangible-Equity: 22.51% (10% below median its 10-year median of 24.94)
GF Value™: €8.05 vs. price of €6.20 (23% below fair value)
Industry Position: 150.9% above the Transportation median (#179 of 976)
No single metric tells the full story. See the MAL:MIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
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