Myer HoldingsMYGSF 42 Return-on-Tangible-Equity is 390.36% as of Jan. 2026, which is 2574% above its 10-year median of 14.60. GuruFocus rates MYGSF with a GF Score™ of 42/100 and a GF Value™ of $1.53. The stock has 4 warning signs investors should review. Among 1,058 Retail - Cyclical companies, Myer Holdings ranks worse than 100% 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. Myer Holdings's annualized net income for the quarter that ended in Jan. 2026 was $55 Mil. Myer Holdings's average shareholder tangible equity for the quarter that ended in Jan. 2026 was $14 Mil. Therefore, Myer Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 390.36%.
The historical rank and industry rank for Myer Holdings's Return-on-Tangible-Equity or its related term are showing as below:
MYGSF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16775 Med: 14.6 Max: 80.45
Current: -16775
During the past 13 years, Myer Holdings's highest Return-on-Tangible-Equity was 80.45%. The lowest was -16,775.00%. And the median was 14.60%.
MYGSF's Return-on-Tangible-Equity is ranked worse than 100% of 1058
companies
in the Retail - Cyclical industry
Industry Median: 8.4
vs MYGSF: -16775.00
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.
Myer Holdings Return-on-Tangible-Equity Related Terms
Myer Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Myer 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.
MYGSF vs DDS, M: Return-on-Tangible-Equity Comparison
For the Department Stores subindustry, Myer 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.
Myer Holdings Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Myer Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Myer 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 two times the semi-annual (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 390.36% mean?
Myer Holdings (MYGSF) has a Return-on-Tangible-Equity of 390.36% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Myer Holdings and its competitors. This is 2574% above median its historical median of 14.60. According to the industry distribution chart, Myer Holdings ranks #1058 out of 1058 companies in the Retail - Cyclical industry.
Is Myer Holdings' Return-on-Tangible-Equity too high?
Myer Holdings' current Return-on-Tangible-Equity of 390.36% is 2574% above median its 10-year median of 14.60. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.40. Myer Holdings' value of 390.36% is 4547.1% above this industry median. Based on the distribution chart, Myer Holdings ranks #1058 out of 1058 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Myer Holdings has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Myer Holdings' Return-on-Tangible-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Myer Holdings ranks #1058 out of 1058 companies for Return-on-Tangible-Equity. This places Myer Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.40. Myer Holdings' value of 390.36% is 4547.1% above this benchmark. While the company's 10-year median is 14.60 vs. the industry median of 8.40, Myer Holdings 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 a Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.40, based on 1,058 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. Myer Holdings's current Return-on-Tangible-Equity of 390.36% is 4547.1% 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 Myer Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myer Holdings's current Return-on-Tangible-Equity is 390.36%, which is 2574% above median its own 10-year median of 14.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myer Holdings stock overvalued right now?
Myer Holdings (MYGSF) has a current Return-on-Tangible-Equity of 390.36%. The stock's GF Value™ is $1.53, compared to a current price of $0.97 — trading 36.6% below its estimated fair value. The current Return-on-Tangible-Equity is 390.36%, which is 2574% above median its 10-year median of 14.60 and 4547.1% above the Retail - Cyclical industry median of 8.40. Myer Holdings' overall GF Score™ is 42/100 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 Myer Holdings (MYGSF), the current Return-on-Tangible-Equity is 390.36% as of Jan. 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 Myer Holdings (MYGSF) Overvalued in 2026?
Based on GuruFocus' analysis, Myer Holdings stock appears to be undervalued.
The current stock price of $0.97 is trading 36.6% below its estimated GF Value™ of $1.53.
Key valuation signals for MYGSF:
Return-on-Tangible-Equity: 390.36% (2574% above median its 10-year median of 14.60)
GF Value™: $1.53 vs. price of $0.97 (36.6% below fair value)
Industry Position: 4547.1% above the Retail - Cyclical median (#1058 of 1058)
No single metric tells the full story. See the MYGSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Myer is one of Australia's largest fashion and beauty retailers, with some 60 department stores stores and over 700 stores across its five apparel chains: Dotti, Jacquie E, Jay Jays, Just Jeans, and Portmans. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The Myer brand is iconic among Australian domestic consumers, with its loyalty program boasting over 4 million active members.
42GF Score
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