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. Mesa Laboratories's annualized net income for the quarter that ended in Mar. 2026 was $-16.5 Mil. Mesa Laboratories's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-88.1 Mil. Therefore, Mesa Laboratories's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Mesa Laboratories's Return-on-Tangible-Equity or its related term are showing as below:
MLAB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.1 Med: 282.49 Max: 557.88
Current: Negative Tangible Equity
During the past 13 years, Mesa Laboratories's highest Return-on-Tangible-Equity was 557.88%. The lowest was 7.10%. And the median was 282.49%.
MLAB's Return-on-Tangible-Equity is ranked better than 99.96% of 2381
companies
in the Hardware industry
Industry Median: 5.23
vs MLAB: Negative Tangible Equity
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.
Mesa Laboratories Return-on-Tangible-Equity Related Terms
Mesa Laboratories Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mesa Laboratories'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.
MLAB vs AERG, USBC, MVIS: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Mesa Laboratories'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.
Mesa Laboratories Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Mesa Laboratories's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories'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?
Mesa Laboratories (MLAB) 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 Mesa Laboratories and its competitors. Over the past decade, Mesa Laboratories' Return-on-Tangible-Equity has ranged from 7.10 to 557.88. According to the industry distribution chart, Mesa Laboratories ranks #1 out of 2381 companies in the Hardware industry, placing it in the top 0%.
Is Mesa Laboratories' Return-on-Tangible-Equity too high?
Mesa Laboratories' current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 7.10 to a high of 557.88. Based on the distribution chart, Mesa Laboratories ranks #1 out of 2381 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mesa Laboratories has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mesa Laboratories' Return-on-Tangible-Equity compare to AERG and USBC?
According to the Hardware industry distribution chart, Mesa Laboratories ranks #1 out of 2381 companies for Return-on-Tangible-Equity. This places Mesa Laboratories in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.23. Historically, Mesa Laboratories' own Return-on-Tangible-Equity has ranged from 7.10 to 557.88 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.23, based on 2,381 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 Mesa Laboratories and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Laboratories'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 Mesa Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Mesa Laboratories (MLAB) is currently considered Modestly Undervalued. The stock's GF Value™ is $116.05, compared to a current price of $102.10 — trading 12% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Mesa Laboratories' overall GF Score™ is 77/100 with 8 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 Mesa Laboratories (MLAB), 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 Mesa Laboratories (MLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Laboratories stock appears to be undervalued.
The current stock price of $102.10 is trading 12% below its estimated GF Value™ of $116.05.
GuruFocus considers Mesa Laboratories to be Modestly Undervalued.
Key valuation signals for MLAB:
Return-on-Tangible-Equity: 0.00%
GF Value™: $116.05 vs. price of $102.10 (12% below fair value)
No single metric tells the full story. See the MLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Laboratories Inc manufactures life sciences tools and critical quality control solutions. It operates in four divisions: i) Sterilization and Disinfection Control, which manufactures and sells biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization, decontamination, disinfection, and cleaning processes. ii) Clinical Genomics division develops, manufactures, and sells sensitive, low-cost, high-throughput genetic analysis tools and related consumables. iii) The Biopharmaceutical Development division develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. iv) The Calibration Solutions division develops, manufactures, sells, and services quality control products.
77GF Score
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