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Mega Fortune CoMGRT +11.10%24 Return-on-Tangible-Equity is 19.65% as of Sep. 2025, which is 63% below its 10-year median of 53.06. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,481 Software companies, Mega Fortune Co ranks better than 74.32% 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. Mega Fortune Co's annualized net income for the quarter that ended in Sep. 2025 was $1.75 Mil. Mega Fortune Co's average shareholder tangible equity for the quarter that ended in Sep. 2025 was $8.92 Mil. Therefore, Mega Fortune Co's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 19.65%.
The historical rank and industry rank for Mega Fortune Co's Return-on-Tangible-Equity or its related term are showing as below:
MGRT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.12 Med: 53.06 Max: 78.51
Current: 27.95
During the past 4 years, Mega Fortune Co's highest Return-on-Tangible-Equity was 78.51%. The lowest was 21.12%. And the median was 53.06%.
MGRT's Return-on-Tangible-Equity is ranked better than 74.32% of 2481
companies
in the Software industry
Industry Median: 8.86
vs MGRT: 27.95
Mega Fortune Co (NAS:MGRT) 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.
Mega Fortune Co Return-on-Tangible-Equity Related Terms
Mega Fortune Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mega Fortune Co'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.
MGRT vs VYX, GLOB, EFOR: Return-on-Tangible-Equity Comparison
For the Information Technology Services subindustry, Mega Fortune Co'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.
Mega Fortune Co Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Mega Fortune Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mega Fortune Co'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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.65% mean?
Mega Fortune Co (MGRT) has a Return-on-Tangible-Equity of 19.65% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mega Fortune Co and its competitors. This is 63% below median its historical median of 53.06. Over the past decade, Mega Fortune Co's Return-on-Tangible-Equity has ranged from 21.12 to 78.51. According to the industry distribution chart, Mega Fortune Co ranks #637 out of 2481 companies in the Software industry, placing it in the top 25.7%.
Is Mega Fortune Co's Return-on-Tangible-Equity too high?
Mega Fortune Co's current Return-on-Tangible-Equity of 19.65% is 63% below median its 10-year median of 53.06. Over the past 10 years, this metric has ranged from a low of 21.12 to a high of 78.51. The Software industry median Return-on-Tangible-Equity is 8.86. Mega Fortune Co's value of 19.65% is 121.8% above this industry median. Based on the distribution chart, Mega Fortune Co ranks #637 out of 2481 companies in the Software industry, which is above the industry midpoint. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Return-on-Tangible-Equity compare to VYX and GLOB?
According to the Software industry distribution chart, Mega Fortune Co ranks #637 out of 2481 companies for Return-on-Tangible-Equity. This puts Mega Fortune Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.86. Mega Fortune Co's value of 19.65% is 121.8% above this benchmark. Historically, Mega Fortune Co's own Return-on-Tangible-Equity has ranged from 21.12 to 78.51 over the past decade. While the company's 10-year median is 53.06 vs. the industry median of 8.86, Mega Fortune Co 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 8.86, based on 2,481 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. Mega Fortune Co's current Return-on-Tangible-Equity of 19.65% is 121.8% 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 Mega Fortune Co and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Fortune Co's current Return-on-Tangible-Equity is 19.65%, which is 63% below median its own 10-year median of 53.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Return-on-Tangible-Equity of 19.65%. The current Return-on-Tangible-Equity is 19.65%, which is 63% below median its 10-year median of 53.06 and 121.8% above the Software industry median of 8.86. Mega Fortune Co's overall GF Score™ is 24/100 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 Mega Fortune Co (MGRT), the current Return-on-Tangible-Equity is 19.65% as of Sep. 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.
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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