The historical rank and industry rank for Usinas Siderurgicas de Minas Gerais's Return-on-Tangible-Equity or its related term are showing as below:
XMAD:XUSIO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.12 Med: 3.43 Max: 54.37
Current: -12.92
During the past 13 years, Usinas Siderurgicas de Minas Gerais's highest Return-on-Tangible-Equity was 54.37%. The lowest was -15.12%. And the median was 3.43%.
XMAD:XUSIO's Return-on-Tangible-Equity is ranked worse than 87.99% of 616
companies
in the Steel industry
Industry Median: 3.93
vs XMAD:XUSIO: -12.92
Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) 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.
Usinas Siderurgicas de Minas Gerais Return-on-Tangible-Equity Related Terms
Usinas Siderurgicas de Minas Gerais 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.
Usinas Siderurgicas de Minas Gerais Return-on-Tangible-Equity Chart
XMAD:XUSIO vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Usinas Siderurgicas de Minas Gerais'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.
Usinas Siderurgicas de Minas Gerais Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Usinas Siderurgicas de Minas Gerais's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Usinas Siderurgicas de Minas Gerais'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 16.95% mean?
Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) has a Return-on-Tangible-Equity of 16.95% 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 Usinas Siderurgicas de Minas Gerais and its competitors. This is 394% above median its historical median of 3.43. According to the industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #542 out of 616 companies in the Steel industry, placing it in the top 88%.
Is Usinas Siderurgicas de Minas Gerais' Return-on-Tangible-Equity too high?
Usinas Siderurgicas de Minas Gerais' current Return-on-Tangible-Equity of 16.95% is 394% above median its 10-year median of 3.43. The Steel industry median Return-on-Tangible-Equity is 3.93. Usinas Siderurgicas de Minas Gerais' value of 16.95% is 331.3% above this industry median. Based on the distribution chart, Usinas Siderurgicas de Minas Gerais ranks #542 out of 616 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Usinas Siderurgicas de Minas Gerais ranks #542 out of 616 companies for Return-on-Tangible-Equity. This places Usinas Siderurgicas de Minas Gerais in the lower half of its industry. The industry median Return-on-Tangible-Equity is 3.93. Usinas Siderurgicas de Minas Gerais' value of 16.95% is 331.3% above this benchmark. While the company's 10-year median is 3.43 vs. the industry median of 3.93, Usinas Siderurgicas de Minas Gerais 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.93, based on 616 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. Usinas Siderurgicas de Minas Gerais's current Return-on-Tangible-Equity of 16.95% is 331.3% 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 Usinas Siderurgicas de Minas Gerais and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usinas Siderurgicas de Minas Gerais's current Return-on-Tangible-Equity is 16.95%, which is 394% above median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.05, compared to a current price of €1.23 — trading 17.1% above its estimated fair value. The current Return-on-Tangible-Equity is 16.95%, which is 394% above median its 10-year median of 3.43 and 331.3% above the Steel industry median of 3.93. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 69/100 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 Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO), the current Return-on-Tangible-Equity is 16.95% 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 Usinas Siderurgicas de Minas Gerais (XMAD:XUSIO) Overvalued in 2026?
Based on GuruFocus' analysis, Usinas Siderurgicas de Minas Gerais stock appears to be overvalued.
The current stock price of €1.23 is trading 17.1% above its estimated GF Value™ of €1.05.
GuruFocus considers Usinas Siderurgicas de Minas Gerais to be Modestly Overvalued.
Key valuation signals for XMAD:XUSIO:
Return-on-Tangible-Equity: 16.95% (394% above median its 10-year median of 3.43)
GF Value™: €1.05 vs. price of €1.23 (17.1% above fair value)
Industry Position: 331.3% above the Steel median (#542 of 616)
No single metric tells the full story. See the XMAD:XUSIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Usinas Siderurgicas de Minas Gerais Business Description
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.
69GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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