MTEX (Mannatech) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


MTEX Mannatech Inc MTEX
51 GF Score
Price $5.20
GF Value $7.19
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Mannatech Return-on-Tangible-Equity?

Mannatech MTEX +0.78% 51 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates MTEX with a GF Score™ of 51/100 and a GF Value™ of $7.19 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 300 Retail - Defensive companies, Mannatech ranks worse than 99.33% 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. Mannatech's annualized net income for the quarter that ended in Mar. 2026 was $3.8 Mil. Mannatech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-5.6 Mil. Therefore, Mannatech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Mannatech's Return-on-Tangible-Equity or its related term are showing as below:

MTEX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1017.25   Med: -3.02   Max: 39.07
Current: -742.54

During the past 13 years, Mannatech's highest Return-on-Tangible-Equity was 39.07%. The lowest was -1,017.25%. And the median was -3.02%.

MTEX's Return-on-Tangible-Equity is ranked worse than
99.33% of 300 companies
in the Retail - Defensive industry
Industry Median: 10.975 vs MTEX: -742.54

Mannatech  (NAS:MTEX) 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.


Mannatech Return-on-Tangible-Equity Related Terms


Mannatech Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Mannatech'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.

Mannatech Return-on-Tangible-Equity Chart

Mannatech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.07 -23.39 -18.46 26.63 -1,017.25

Mannatech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -77.66 -263.83 123.73 -7,004.65 Negative Tangible Equity

MTEX vs AIXN, IVFH, MCLE: Return-on-Tangible-Equity Comparison

For the Food Distribution subindustry, Mannatech'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.


Mannatech Return-on-Tangible-Equity vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mannatech's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Mannatech's Return-on-Tangible-Equity falls into.


MTEX
51GF Score
Mannatech Inc MTEX
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mannatech Return-on-Tangible-Equity Calculation

Mannatech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-15.213/( (8.414+-5.423 )/ 2 )
=-15.213/1.4955
=-1,017.25 %

Mannatech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3.8/( (-5.423+-5.791)/ 2 )
=3.8/-5.607
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Mannatech (MTEX) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Mannatech and its competitors. According to the industry distribution chart, Mannatech ranks #298 out of 300 companies in the Retail - Defensive industry, placing it in the top 99.3%.
Is Mannatech's Return-on-Tangible-Equity too high?
Mannatech's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Mannatech ranks #298 out of 300 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Mannatech has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mannatech's Return-on-Tangible-Equity compare to AIXN and IVFH?
According to the Retail - Defensive industry distribution chart, Mannatech ranks #298 out of 300 companies for Return-on-Tangible-Equity. This places Mannatech in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.98. 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.98, based on 300 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 Mannatech and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mannatech's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mannatech stock overvalued right now?
Based on GuruFocus' analysis, Mannatech (MTEX) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.19, compared to a current price of $5.20 — trading 27.7% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Mannatech's overall GF Score™ is 51/100 with 4 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 Mannatech (MTEX), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Mannatech (MTEX) Overvalued in 2026?

Based on GuruFocus' analysis, Mannatech stock appears to be undervalued. The current stock price of $5.20 is trading 27.7% below its estimated GF Value™ of $7.19. GuruFocus considers Mannatech to be Modestly Undervalued.

Key valuation signals for MTEX:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $7.19 vs. price of $5.20 (27.7% below fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the MTEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mannatech Business Description

Address 1410 Lakeside Parkway, Suite 200, Flower Mound, TX, USA, 75028
Mannatech Inc is a wellness solution provider. The company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products that target optimal health and wellness. Mannatech sells products in three regions: the Americas (the United States, Canada, and Mexico); Europe/the Middle East/Africa (EMEA) (Austria, the Czech Republic, Denmark, Estonia, Finland, Germany, the Republic of Ireland, Namibia, the Netherlands, Norway, South Africa, Spain, Sweden, and the United Kingdom); and Asia/Pacific (Australia, Japan, New Zealand, the Republic of Korea, Singapore, Taiwan, Hong Kong, and China). Mannatech generates the majority of its revenue from the Americas.
51GF Score

Get the complete analysis for MTEX

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.20
Price
$7.19
GF Value