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M-Tron IndustriesMPTI -0.87%76 Return-on-Tangible-Equity is 14.03% as of Mar. 2026, which is 16% below its 10-year median of 16.77. GuruFocus rates MPTI with a GF Score™ of 76/100 and a GF Value™ of $41.40 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,384 Hardware companies, M-Tron Industries ranks better than 84.23% 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. M-Tron Industries's annualized net income for the quarter that ended in Mar. 2026 was $9.55 Mil. M-Tron Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $68.09 Mil. Therefore, M-Tron Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.03%.
The historical rank and industry rank for M-Tron Industries's Return-on-Tangible-Equity or its related term are showing as below:
MPTI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.06 Med: 16.77 Max: 29.9
Current: 19.09
During the past 6 years, M-Tron Industries's highest Return-on-Tangible-Equity was 29.90%. The lowest was 10.06%. And the median was 16.77%.
MPTI's Return-on-Tangible-Equity is ranked better than 84.23% of 2384
companies
in the Hardware industry
Industry Median: 5.395
vs MPTI: 19.09
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.
M-Tron Industries Return-on-Tangible-Equity Related Terms
M-Tron Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for M-Tron Industries'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.
MPTI vs OPTX, RELL, MEI: Return-on-Tangible-Equity Comparison
For the Electronic Components subindustry, M-Tron Industries'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.
M-Tron Industries Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, M-Tron Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where M-Tron Industries'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 14.03% mean?
M-Tron Industries (MPTI) has a Return-on-Tangible-Equity of 14.03% 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 M-Tron Industries and its competitors. This is 16% below median its historical median of 16.77. Over the past decade, M-Tron Industries' Return-on-Tangible-Equity has ranged from 10.06 to 29.90. According to the industry distribution chart, M-Tron Industries ranks #376 out of 2384 companies in the Hardware industry, placing it in the top 15.8%.
Is M-Tron Industries' Return-on-Tangible-Equity too high?
M-Tron Industries' current Return-on-Tangible-Equity of 14.03% is 16% below median its 10-year median of 16.77. Over the past 10 years, this metric has ranged from a low of 10.06 to a high of 29.90. The Hardware industry median Return-on-Tangible-Equity is 5.40. M-Tron Industries' value of 14.03% is 160.1% above this industry median. Based on the distribution chart, M-Tron Industries ranks #376 out of 2384 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, M-Tron Industries has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does M-Tron Industries' Return-on-Tangible-Equity compare to OPTX and RELL?
According to the Hardware industry distribution chart, M-Tron Industries ranks #376 out of 2384 companies for Return-on-Tangible-Equity. This places M-Tron Industries in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.40. M-Tron Industries' value of 14.03% is 160.1% above this benchmark. Historically, M-Tron Industries' own Return-on-Tangible-Equity has ranged from 10.06 to 29.90 over the past decade. While the company's 10-year median is 16.77 vs. the industry median of 5.40, M-Tron Industries 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.40, based on 2,384 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. M-Tron Industries's current Return-on-Tangible-Equity of 14.03% is 160.1% 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 M-Tron Industries and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M-Tron Industries's current Return-on-Tangible-Equity is 14.03%, which is 16% below median its own 10-year median of 16.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M-Tron Industries stock overvalued right now?
Based on GuruFocus' analysis, M-Tron Industries (MPTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $41.40, compared to a current price of $82.38 — trading 99% above its estimated fair value. The current Return-on-Tangible-Equity is 14.03%, which is 16% below median its 10-year median of 16.77 and 160.1% above the Hardware industry median of 5.40. M-Tron Industries' overall GF Score™ is 76/100 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 M-Tron Industries (MPTI), the current Return-on-Tangible-Equity is 14.03% 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 M-Tron Industries (MPTI) Overvalued in 2026?
Based on GuruFocus' analysis, M-Tron Industries stock appears to be overvalued.
The current stock price of $82.38 is trading 99% above its estimated GF Value™ of $41.40.
GuruFocus considers M-Tron Industries to be Significantly Overvalued.
Key valuation signals for MPTI:
Return-on-Tangible-Equity: 14.03% (16% below median its 10-year median of 16.77)
GF Value™: $41.40 vs. price of $82.38 (99% above fair value)
Industry Position: 160.1% above the Hardware median (#376 of 2384)
No single metric tells the full story. See the MPTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M-Tron Industries Inc is an electronic components manufacturer based in the United States. Along with its subsidiaries, the company is engaged in designing, manufacturing, and marketing high-engineered, high-reliability frequency and spectrum control products used to control the frequency or timing of signals in electronic circuits in various applications. The company serves markets in aerospace and defense, space, and avionics sectors. Its product offerings include microwave and millimeter-wave filters, crystal resonators, clock oscillators, voltage-controlled crystal oscillators, low noise amplifiers, couplers, attenuators, and switches, among others. Geographically, it derives maximum revenue from the domestic market, and the rest from Malaysia, Australia, Greece, and other countries.
76GF Score
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