Montana Aerospace AGMTASF 45 Return-on-Tangible-Equity is 5.75% as of Mar. 2026. GuruFocus rates MTASF with a GF Score™ of 45/100 and a GF Value™ of $19.98 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 334 Aerospace & Defense companies, Montana Aerospace AG ranks worse than 70.06% 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. Montana Aerospace AG's annualized net income for the quarter that ended in Mar. 2026 was $48 Mil. Montana Aerospace AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $831 Mil. Therefore, Montana Aerospace AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.75%.
The historical rank and industry rank for Montana Aerospace AG's Return-on-Tangible-Equity or its related term are showing as below:
MTASF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -81.74 Med: -5.43 Max: 13.32
Current: 0.26
During the past 8 years, Montana Aerospace AG's highest Return-on-Tangible-Equity was 13.32%. The lowest was -81.74%. And the median was -5.43%.
MTASF's Return-on-Tangible-Equity is ranked worse than 70.06% of 334
companies
in the Aerospace & Defense industry
Industry Median: 8.195
vs MTASF: 0.26
Montana Aerospace AG (OTCPK:MTASF) 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.
Montana Aerospace AG Return-on-Tangible-Equity Related Terms
Montana Aerospace AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Montana Aerospace AG'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.
Montana Aerospace AG Return-on-Tangible-Equity Chart
MTASF vs GE, RTX, BA: Return-on-Tangible-Equity Comparison
For the Aerospace & Defense subindustry, Montana Aerospace AG'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.
Montana Aerospace AG Return-on-Tangible-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Montana Aerospace AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Montana Aerospace AG'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 5.75% mean?
Montana Aerospace AG (MTASF) has a Return-on-Tangible-Equity of 5.75% 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 Montana Aerospace AG and its competitors. According to the industry distribution chart, Montana Aerospace AG ranks #234 out of 334 companies in the Aerospace & Defense industry, placing it in the top 70.1%.
Is Montana Aerospace AG's Return-on-Tangible-Equity too high?
Montana Aerospace AG's current Return-on-Tangible-Equity is 5.75%. The Aerospace & Defense industry median Return-on-Tangible-Equity is 8.20. Montana Aerospace AG's value of 5.75% is 29.8% below this industry median. Based on the distribution chart, Montana Aerospace AG ranks #234 out of 334 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Montana Aerospace AG has a GF Score™ of 45/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Montana Aerospace AG's Return-on-Tangible-Equity compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Montana Aerospace AG ranks #234 out of 334 companies for Return-on-Tangible-Equity. This places Montana Aerospace AG in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.20. Montana Aerospace AG's value of 5.75% is 29.8% below this benchmark. 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 an Aerospace & Defense company?
The median Return-on-Tangible-Equity among Aerospace & Defense companies is 8.20, based on 334 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. Montana Aerospace AG's current Return-on-Tangible-Equity of 5.75% is 29.8% below 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 Montana Aerospace AG and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Montana Aerospace AG's current Return-on-Tangible-Equity is 5.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montana Aerospace AG stock overvalued right now?
Based on GuruFocus' analysis, Montana Aerospace AG (MTASF) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.98, compared to a current price of $25.71 — trading 28.7% above its estimated fair value. The current Return-on-Tangible-Equity is 5.75% and 29.8% below the Aerospace & Defense industry median of 8.20. Montana Aerospace AG's overall GF Score™ is 45/100 with 3 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 Montana Aerospace AG (MTASF), the current Return-on-Tangible-Equity is 5.75% 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 Montana Aerospace AG (MTASF) Overvalued in 2026?
Based on GuruFocus' analysis, Montana Aerospace AG stock appears to be overvalued.
The current stock price of $25.71 is trading 28.7% above its estimated GF Value™ of $19.98.
GuruFocus considers Montana Aerospace AG to be Modestly Overvalued.
Key valuation signals for MTASF:
Return-on-Tangible-Equity: 5.75%
GF Value™: $19.98 vs. price of $25.71 (28.7% above fair value)
Industry Position: 29.8% below the Aerospace & Defense median (#234 of 334)
No single metric tells the full story. See the MTASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Montana Aerospace AG is a vertically integrated manufacturer and supplier of complex components, structures, and customized assemblies, as well as semi-finished products for specialized applications in a wide array of end markets. The company's reportable segments are Aerostructures and Alpine Metal Tech. Maximum revenue is generated from the Aerostructures segment, which develops and manufactures aircraft parts. Its product portfolio ranges from structural components for fuselage, wings, and landing gear to critical engine components subject to high thermal and mechanical loads, and functional components for the cabin interior. Geographically, the company generates maximum revenue from the USA, followed by Brazil, Germany, China, the United Kingdom, Belgium, and other countries.
45GF Score
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