MAMO (Massimo Group) Return-on-Tangible-Equity: -17.77% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MAMO Massimo Group MAMO
21 GF Score
Price $1.06
! 2 Warning Signs
View Full Analysis

What is Massimo Group Return-on-Tangible-Equity?

Massimo Group MAMO -0.93% 21 Return-on-Tangible-Equity is -17.77% as of Mar. 2026. GuruFocus rates MAMO with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,280 Vehicles & Parts companies, Massimo Group ranks better than 65.31% 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. Massimo Group's annualized net income for the quarter that ended in Mar. 2026 was $-4.03 Mil. Massimo Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $22.69 Mil. Therefore, Massimo Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -17.77%.

The historical rank and industry rank for Massimo Group's Return-on-Tangible-Equity or its related term are showing as below:

MAMO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.73   Med: 36.56   Max: 106.5
Current: 12.09

During the past 5 years, Massimo Group's highest Return-on-Tangible-Equity was 106.50%. The lowest was 6.73%. And the median was 36.56%.

MAMO's Return-on-Tangible-Equity is ranked better than
65.31% of 1280 companies
in the Vehicles & Parts industry
Industry Median: 7.65 vs MAMO: 12.09

Massimo Group  (NAS:MAMO) 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.


Massimo Group Return-on-Tangible-Equity Related Terms


Massimo Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Massimo 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.

Massimo Group Return-on-Tangible-Equity Chart

Massimo Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
36.56 46.30 106.50 9.74 6.73

Massimo Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.17 1.56 29.15 35.56 -17.77

MAMO vs KNDI, LFEV, VEEE: Return-on-Tangible-Equity Comparison

For the Recreational Vehicles subindustry, Massimo 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.


Massimo Group Return-on-Tangible-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Massimo Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Massimo Group's Return-on-Tangible-Equity falls into.


MAMO
21GF Score
Massimo Group MAMO
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Massimo Group Return-on-Tangible-Equity Calculation

Massimo Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1.509/( (21.704+23.14 )/ 2 )
=1.509/22.422
=6.73 %

Massimo Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-4.032/( (23.14+22.238)/ 2 )
=-4.032/22.689
=-17.77 %

* 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 -17.77% mean?
Massimo Group (MAMO) has a Return-on-Tangible-Equity of -17.77% 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 Massimo Group and its competitors. Over the past decade, Massimo Group's Return-on-Tangible-Equity has ranged from 6.73 to 106.50. According to the industry distribution chart, Massimo Group ranks #444 out of 1280 companies in the Vehicles & Parts industry, placing it in the top 34.7%.
Is Massimo Group's Return-on-Tangible-Equity too high?
Massimo Group's current Return-on-Tangible-Equity is -17.77%. Over the past 10 years, this metric has ranged from a low of 6.73 to a high of 106.50. Based on the distribution chart, Massimo Group ranks #444 out of 1280 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Massimo Group has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Massimo Group's Return-on-Tangible-Equity compare to KNDI and LFEV?
According to the Vehicles & Parts industry distribution chart, Massimo Group ranks #444 out of 1280 companies for Return-on-Tangible-Equity. This puts Massimo Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.65. Historically, Massimo Group's own Return-on-Tangible-Equity has ranged from 6.73 to 106.50 over the past decade. 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.65, based on 1,280 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 Massimo Group and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Massimo Group's current Return-on-Tangible-Equity is -17.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Massimo Group stock overvalued right now?
Massimo Group (MAMO) has a current Return-on-Tangible-Equity of -17.77%. The current Return-on-Tangible-Equity is -17.77%. Massimo Group's overall GF Score™ is 21/100 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 Massimo Group (MAMO), the current Return-on-Tangible-Equity is -17.77% 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.

Massimo Group Business Description

Address 3101 W Miller Road, Garland, TX, USA, 75041
Massimo Group is engaged in utility focused recreational, Powersports Vehicles and Boats Industry. The company manufactures, imports and distributes a diversified portfolio of products divided into two main lines: a motor sports brand consisting of utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), golf carts, scooters, and pontoon boats.
21GF Score

Get the complete analysis for MAMO

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.06
Price