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MAX CoMXCLF 72 Return-on-Tangible-Equity is 10.62% as of Mar. 2026, which is 42% above its 10-year median of 7.48. GuruFocus rates MXCLF with a GF Score™ of 72/100 and a GF Value™ of $1.67. The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, MAX Co ranks better than 72.58% 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. MAX Co's annualized net income for the quarter that ended in Mar. 2026 was $75.3 Mil. MAX Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $709.5 Mil. Therefore, MAX Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.62%.
The historical rank and industry rank for MAX Co's Return-on-Tangible-Equity or its related term are showing as below:
MXCLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.7 Med: 7.48 Max: 12.94
Current: 12.94
During the past 13 years, MAX Co's highest Return-on-Tangible-Equity was 12.94%. The lowest was 6.70%. And the median was 7.48%.
MXCLF's Return-on-Tangible-Equity is ranked better than 72.58% of 2969
companies
in the Industrial Products industry
Industry Median: 6.76
vs MXCLF: 12.94
MAX Co (OTCPK:MXCLF) 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.
MAX Co Return-on-Tangible-Equity Related Terms
MAX Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for MAX Co'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.
MXCLF vs SNA, RBC, LECO: Return-on-Tangible-Equity Comparison
For the Tools & Accessories subindustry, MAX Co'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.
MAX Co Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, MAX Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MAX Co'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 10.62% mean?
MAX Co (MXCLF) has a Return-on-Tangible-Equity of 10.62% 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 MAX Co and its competitors. This is 42% above median its historical median of 7.48. Over the past decade, MAX Co's Return-on-Tangible-Equity has ranged from 6.70 to 12.94. According to the industry distribution chart, MAX Co ranks #814 out of 2969 companies in the Industrial Products industry, placing it in the top 27.4%.
Is MAX Co's Return-on-Tangible-Equity too high?
MAX Co's current Return-on-Tangible-Equity of 10.62% is 42% above median its 10-year median of 7.48. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 12.94. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. MAX Co's value of 10.62% is 57.1% above this industry median. Based on the distribution chart, MAX Co ranks #814 out of 2969 companies in the Industrial Products industry, which is above the industry midpoint. Overall, MAX Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does MAX Co's Return-on-Tangible-Equity compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MAX Co ranks #814 out of 2969 companies for Return-on-Tangible-Equity. This puts MAX Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. MAX Co's value of 10.62% is 57.1% above this benchmark. Historically, MAX Co's own Return-on-Tangible-Equity has ranged from 6.70 to 12.94 over the past decade. While the company's 10-year median is 7.48 vs. the industry median of 6.76, MAX Co 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,969 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. MAX Co's current Return-on-Tangible-Equity of 10.62% is 57.1% 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 MAX Co and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAX Co's current Return-on-Tangible-Equity is 10.62%, which is 42% above median its own 10-year median of 7.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Co stock overvalued right now?
MAX Co (MXCLF) has a current Return-on-Tangible-Equity of 10.62%. The stock's GF Value™ is $1.67, compared to a current price of $2.59 — trading 55.3% above its estimated fair value. The current Return-on-Tangible-Equity is 10.62%, which is 42% above median its 10-year median of 7.48 and 57.1% above the Industrial Products industry median of 6.76. MAX Co's overall GF Score™ is 72/100 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 MAX Co (MXCLF), the current Return-on-Tangible-Equity is 10.62% 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 MAX Co (MXCLF) Overvalued in 2026?
Based on GuruFocus' analysis, MAX Co stock appears to be overvalued.
The current stock price of $2.59 is trading 55.3% above its estimated GF Value™ of $1.67.
Key valuation signals for MXCLF:
Return-on-Tangible-Equity: 10.62% (42% above median its 10-year median of 7.48)
GF Value™: $1.67 vs. price of $2.59 (55.3% above fair value)
Industry Position: 57.1% above the Industrial Products median (#814 of 2969)
No single metric tells the full story. See the MXCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
72GF Score
Get the complete analysis for MXCLF
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