MaterionMTRN +0.36%73 Return-on-Tangible-Equity is 13.71% as of Mar. 2026, which is 60% above its 10-year median of 8.56. GuruFocus rates MTRN with a GF Score™ of 73/100 and a GF Value™ of $135.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,376 Metals & Mining companies, Materion ranks better than 84.55% 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. Materion's annualized net income for the quarter that ended in Mar. 2026 was $77 Mil. Materion's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $565 Mil. Therefore, Materion's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.71%.
The historical rank and industry rank for Materion's Return-on-Tangible-Equity or its related term are showing as below:
MTRN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.27 Med: 8.56 Max: 29.53
Current: 14.01
During the past 13 years, Materion's highest Return-on-Tangible-Equity was 29.53%. The lowest was 1.27%. And the median was 8.56%.
MTRN's Return-on-Tangible-Equity is ranked better than 84.55% of 2376
companies
in the Metals & Mining industry
Industry Median: -16.445
vs MTRN: 14.01
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.
Materion Return-on-Tangible-Equity Related Terms
Materion Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Materion'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.
MTRN vs USAR, EMAT, MP: Return-on-Tangible-Equity Comparison
For the Other Industrial Metals & Mining subindustry, Materion'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.
Materion Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Materion's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Materion'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 13.71% mean?
Materion (MTRN) has a Return-on-Tangible-Equity of 13.71% 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 Materion and its competitors. This is 60% above median its historical median of 8.56. Over the past decade, Materion's Return-on-Tangible-Equity has ranged from 1.27 to 29.53. According to the industry distribution chart, Materion ranks #367 out of 2376 companies in the Metals & Mining industry, placing it in the top 15.4%.
Is Materion's Return-on-Tangible-Equity too high?
Materion's current Return-on-Tangible-Equity of 13.71% is 60% above median its 10-year median of 8.56. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 29.53. Based on the distribution chart, Materion ranks #367 out of 2376 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Materion has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Materion's Return-on-Tangible-Equity compare to USAR and EMAT?
According to the Metals & Mining industry distribution chart, Materion ranks #367 out of 2376 companies for Return-on-Tangible-Equity. This places Materion in the top 15% of its industry — outperforming the majority of peers. Historically, Materion's own Return-on-Tangible-Equity has ranged from 1.27 to 29.53 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 Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. 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 Materion and its competitors. Materion's current Return-on-Tangible-Equity is 13.71%, which is 60% above median its own 10-year median of 8.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materion stock overvalued right now?
Based on GuruFocus' analysis, Materion (MTRN) is currently considered Significantly Overvalued. The stock's GF Value™ is $135.15, compared to a current price of $257.66 — trading 90.6% above its estimated fair value. The current Return-on-Tangible-Equity is 13.71%, which is 60% above median its 10-year median of 8.56. Materion's overall GF Score™ is 73/100 with 6 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 Materion (MTRN), the current Return-on-Tangible-Equity is 13.71% 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 Materion (MTRN) Overvalued in 2026?
Based on GuruFocus' analysis, Materion stock appears to be overvalued.
The current stock price of $257.66 is trading 90.6% above its estimated GF Value™ of $135.15.
GuruFocus considers Materion to be Significantly Overvalued.
Key valuation signals for MTRN:
Return-on-Tangible-Equity: 13.71% (60% above median its 10-year median of 8.56)
GF Value™: $135.15 vs. price of $257.66 (90.6% above fair value)
No single metric tells the full story. See the MTRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Materion Corp offers products that include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium and copper-based alloys, beryllium composites, ceramics, and engineered clad and plated metal systems. Its segments are: Performance Materials provides beryllium and non-beryllium containing alloy systems and custom engineered parts. Electronic Materials produces chemicals, microelectronics packaging, and specialty metal products, including vapor deposition targets and preforms. Precision Optics produces thin film coatings and optical filter materials. The Other reportable segment includes unallocated corporate costs and assets. It operates in the United States, Asia, Europe, and other countries.
73GF Score
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