Manchester UnitedMANU +0.18%73 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates MANU with a GF Score™ of 73/100 and a GF Value™ of $17.36 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 861 Media - Diversified companies, Manchester United ranks worse than 116143.9% 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. Manchester United's annualized net income for the quarter that ended in Mar. 2026 was $-62.8 Mil. Manchester United's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-1,056.8 Mil. Therefore, Manchester United's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Manchester United's Return-on-Tangible-Equity or its related term are showing as below:
MANU's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.42 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Manchester United (NYSE:MANU) 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.
Manchester United Return-on-Tangible-Equity Related Terms
Manchester United Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Manchester United'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.
MANU vs CNK, MSGE, BATRA: Return-on-Tangible-Equity Comparison
For the Entertainment subindustry, Manchester United'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.
Manchester United Return-on-Tangible-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Manchester United's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Manchester United'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 0.00% mean?
Manchester United (MANU) has a Return-on-Tangible-Equity of 0.00% 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 Manchester United and its competitors. According to the industry distribution chart, Manchester United ranks #999999 out of 861 companies in the Media - Diversified industry.
Is Manchester United's Return-on-Tangible-Equity too high?
Manchester United's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Manchester United ranks #999999 out of 861 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Manchester United has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manchester United's Return-on-Tangible-Equity compare to CNK and MSGE?
According to the Media - Diversified industry distribution chart, Manchester United ranks #999999 out of 861 companies for Return-on-Tangible-Equity. This places Manchester United in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.42. 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 Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.42, based on 861 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 Manchester United and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manchester United's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manchester United stock overvalued right now?
Based on GuruFocus' analysis, Manchester United (MANU) is currently considered Modestly Overvalued. The stock's GF Value™ is $17.36, compared to a current price of $22.04 — trading 27% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Manchester United's overall GF Score™ is 73/100 with 10 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 Manchester United (MANU), the current Return-on-Tangible-Equity is 0.00% 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 Manchester United (MANU) Overvalued in 2026?
Based on GuruFocus' analysis, Manchester United stock appears to be overvalued.
The current stock price of $22.04 is trading 27% above its estimated GF Value™ of $17.36.
GuruFocus considers Manchester United to be Modestly Overvalued.
Key valuation signals for MANU:
Return-on-Tangible-Equity: 0.00%
GF Value™: $17.36 vs. price of $22.04 (27% above fair value)
No single metric tells the full story. See the MANU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manchester United PLC operates as a professional football club with related activities, generating revenue prominently through commercial, broadcasting, and matchday segments. The commercial segment monetizes the various brands via sponsorships, retail, merchandising, apparel, and product licensing. Broadcasting revenue comes from television rights linked to football leagues and competitions, alongside content delivered through its dedicated TV channel all over the globe. Matchday income includes ticket sales, hospitality, merchandise, and services at its stadium. Manchester United is based in England. The company's operations and fan base extends to many countries, supporting a diversified revenue model based on brand engagement and football-related content.
73GF Score
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