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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. Metalac a.d. , Gornji Milanovac's annualized net income for the quarter that ended in Mar. 2026 was RSD1.2 Mil. Metalac a.d. , Gornji Milanovac's average shareholder tangible equity for the quarter that ended in Mar. 2026 was RSD3,214.5 Mil. Therefore, Metalac a.d. , Gornji Milanovac's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.04%.
The historical rank and industry rank for Metalac a.d. , Gornji Milanovac's Return-on-Tangible-Equity or its related term are showing as below:
XBEL:MTLC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.28 Med: 9.7 Max: 11.56
Current: 2.28
During the past 13 years, Metalac a.d. , Gornji Milanovac's highest Return-on-Tangible-Equity was 11.56%. The lowest was 2.28%. And the median was 9.70%.
XBEL:MTLC's Return-on-Tangible-Equity is ranked worse than 62.11% of 2383
companies
in the Hardware industry
Industry Median: 5.34
vs XBEL:MTLC: 2.28
Metalac a.d. , Gornji Milanovac (XBEL:MTLC) 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.
Metalac a.d. , Gornji Milanovac Return-on-Tangible-Equity Related Terms
Metalac a.d. , Gornji Milanovac Return-on-Tangible-Equity Historical Data
* 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.
Metalac a.d. , Gornji Milanovac Return-on-Tangible-Equity Chart
XBEL:MTLC vs AAPL: Return-on-Tangible-Equity Comparison
For the Consumer Electronics subindustry, Metalac a.d. , Gornji Milanovac'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.
Metalac a.d. , Gornji Milanovac Return-on-Tangible-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Metalac a.d. , Gornji Milanovac's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Metalac a.d. , Gornji Milanovac'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 0.04% mean?
Metalac a.d. , Gornji Milanovac (XBEL:MTLC) has a Return-on-Tangible-Equity of 0.04% 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 Metalac a.d. , Gornji Milanovac and its competitors. This is 100% below median its historical median of 9.70. Over the past decade, Metalac a.d. , Gornji Milanovac's Return-on-Tangible-Equity has ranged from 2.28 to 11.56. According to the industry distribution chart, Metalac a.d. , Gornji Milanovac ranks #1480 out of 2383 companies in the Hardware industry, placing it in the top 62.1%.
Is Metalac a.d. , Gornji Milanovac's Return-on-Tangible-Equity too high?
Metalac a.d. , Gornji Milanovac's current Return-on-Tangible-Equity of 0.04% is 100% below median its 10-year median of 9.70. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 11.56. The Hardware industry median Return-on-Tangible-Equity is 5.34. Metalac a.d. , Gornji Milanovac's value of 0.04% is 99.3% below this industry median. Based on the distribution chart, Metalac a.d. , Gornji Milanovac ranks #1480 out of 2383 companies in the Hardware industry, which is below the industry midpoint. Overall, Metalac a.d. , Gornji Milanovac has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metalac a.d. , Gornji Milanovac's Return-on-Tangible-Equity compare to AAPL?
According to the Hardware industry distribution chart, Metalac a.d. , Gornji Milanovac ranks #1480 out of 2383 companies for Return-on-Tangible-Equity. This places Metalac a.d. , Gornji Milanovac in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.34. Metalac a.d. , Gornji Milanovac's value of 0.04% is 99.3% below this benchmark. Historically, Metalac a.d. , Gornji Milanovac's own Return-on-Tangible-Equity has ranged from 2.28 to 11.56 over the past decade. While the company's 10-year median is 9.70 vs. the industry median of 5.34, Metalac a.d. , Gornji Milanovac has consistently been below 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 Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.34, based on 2,383 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. Metalac a.d. , Gornji Milanovac's current Return-on-Tangible-Equity of 0.04% is 99.3% below 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 Metalac a.d. , Gornji Milanovac and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalac a.d. , Gornji Milanovac's current Return-on-Tangible-Equity is 0.04%, which is 100% below median its own 10-year median of 9.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalac a.d. , Gornji Milanovac stock overvalued right now?
Based on GuruFocus' analysis, Metalac a.d. , Gornji Milanovac (XBEL:MTLC) is currently considered Fairly Valued. The stock's GF Value™ is RSD2,187.11, compared to a current price of RSD2,050.00 — trading 6.3% below its estimated fair value. The current Return-on-Tangible-Equity is 0.04%, which is 100% below median its 10-year median of 9.70 and 99.3% below the Hardware industry median of 5.34. Metalac a.d. , Gornji Milanovac's overall GF Score™ is 89/100 with 7 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 Metalac a.d. , Gornji Milanovac (XBEL:MTLC), the current Return-on-Tangible-Equity is 0.04% 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 Metalac a.d. , Gornji Milanovac (XBEL:MTLC) Overvalued in 2026?
Based on GuruFocus' analysis, Metalac a.d. , Gornji Milanovac stock appears to be undervalued.
The current stock price of RSD2,050.00 is trading 6.3% below its estimated GF Value™ of RSD2,187.11.
GuruFocus considers Metalac a.d. , Gornji Milanovac to be Fairly Valued.
Key valuation signals for XBEL:MTLC:
Return-on-Tangible-Equity: 0.04% (100% below median its 10-year median of 9.70)
GF Value™: RSD2,187.11 vs. price of RSD2,050.00 (6.3% below fair value)
Industry Position: 99.3% below the Hardware median (#1480 of 2383)
No single metric tells the full story. See the XBEL:MTLC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalac a.d. , Gornji Milanovac Business Description
Metalac a.d. , Gornji Milanovac produces and sells enamel, Teflon-coated, aluminum and stainless-steel cookware. It also sells water heaters, transport and luxurious cardboard packing materials, steel products, and others.
89GF Score
Get the complete analysis for XBEL:MTLC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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