Microvast HoldingsMVST +1.80%72 Return-on-Tangible-Equity is 45.42% as of Mar. 2026. GuruFocus rates MVST with a GF Score™ of 72/100 and a GF Value™ of $1.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,285 Vehicles & Parts companies, Microvast Holdings ranks worse than 87.94% 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. Microvast Holdings's annualized net income for the quarter that ended in Mar. 2026 was $192.8 Mil. Microvast Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $424.6 Mil. Therefore, Microvast Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 45.42%.
The historical rank and industry rank for Microvast Holdings's Return-on-Tangible-Equity or its related term are showing as below:
MVST'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -160.05 Med: -24.92 Max: -7.58
Current: -10.83
During the past 7 years, Microvast Holdings's highest Return-on-Tangible-Equity was -7.58%. The lowest was -160.05%. And the median was -24.92%.
MVST's Return-on-Tangible-Equity is ranked worse than 87.94% of 1285
companies
in the Vehicles & Parts industry
Industry Median: 7.49
vs MVST: -10.83
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.
Microvast Holdings Return-on-Tangible-Equity Related Terms
Microvast Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Microvast Holdings'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.
MVST vs STRT, SES, HLLY: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, Microvast Holdings'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.
Microvast Holdings Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Microvast Holdings'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 45.42% mean?
Microvast Holdings (MVST) has a Return-on-Tangible-Equity of 45.42% 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 Microvast Holdings and its competitors. According to the industry distribution chart, Microvast Holdings ranks #1130 out of 1285 companies in the Vehicles & Parts industry, placing it in the top 87.9%.
Is Microvast Holdings' Return-on-Tangible-Equity too high?
Microvast Holdings' current Return-on-Tangible-Equity is 45.42%. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.49. Microvast Holdings' value of 45.42% is 506.4% above this industry median. Based on the distribution chart, Microvast Holdings ranks #1130 out of 1285 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Microvast Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Return-on-Tangible-Equity compare to STRT and SES?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #1130 out of 1285 companies for Return-on-Tangible-Equity. This places Microvast Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.49. Microvast Holdings' value of 45.42% is 506.4% above 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 a Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.49, based on 1,285 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. Microvast Holdings's current Return-on-Tangible-Equity of 45.42% is 506.4% 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 Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current Return-on-Tangible-Equity is 45.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (MVST) is currently considered Possible Value Trap. The stock's GF Value™ is $1.84, compared to a current price of $1.14 — trading 38.3% below its estimated fair value. The current Return-on-Tangible-Equity is 45.42% and 506.4% above the Vehicles & Parts industry median of 7.49. Microvast Holdings' overall GF Score™ is 72/100 with 5 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 Microvast Holdings (MVST), the current Return-on-Tangible-Equity is 45.42% 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 Microvast Holdings (MVST) Overvalued in 2026?
Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued.
The current stock price of $1.14 is trading 38.3% below its estimated GF Value™ of $1.84.
GuruFocus considers Microvast Holdings to be Possible Value Trap.
Key valuation signals for MVST:
Return-on-Tangible-Equity: 45.42%
GF Value™: $1.84 vs. price of $1.14 (38.3% below fair value)
Industry Position: 506.4% above the Vehicles & Parts median (#1130 of 1285)
No single metric tells the full story. See the MVST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
72GF Score
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