MMATQ (Meta Materials) ROE % Adjusted to Book Value: -133.17% (As of Mar. 2024)


MMATQ Meta Materials Inc MMATQ
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What is Meta Materials ROE % Adjusted to Book Value?

Meta Materials MMATQ -99.00% 12 ROE % Adjusted to Book Value is -133.17% as of Mar. 2024. GuruFocus rates MMATQ with a GF Score™ of 12/100.

Meta Materials's ROE % for the quarter that ended in Mar. 2024 was -149.15%. Meta Materials's PB Ratio for the quarter that ended in Mar. 2024 was 1.12. Meta Materials's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was -133.17%.

Meta Materials ROE % Adjusted to Book Value Related Terms

Meta Materials ROE % Adjusted to Book Value Historical Data

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The historical data trend for Meta Materials's ROE % Adjusted to Book Value 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.

Meta Materials ROE % Adjusted to Book Value Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE % Adjusted to Book Value
0.00 0.00 -26.73 -19.46 -116.98

Meta Materials Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -47.31 -491.51 -32.83 -315.06 -133.17

MMATQ vs APH, TEL, GLW: ROE % Adjusted to Book Value Comparison

For the Electronic Components subindustry, Meta Materials's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Meta Materials ROE % Adjusted to Book Value vs Hardware Industry

For the Hardware industry and Technology sector, Meta Materials's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Meta Materials's ROE % Adjusted to Book Value falls into.


MMATQ
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Meta Materials Inc MMATQ
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Meta Materials ROE % Adjusted to Book Value Calculation

Meta Materials's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-198.87% / 1.70
=-116.98%

Meta Materials's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-149.15% / 1.12
=-133.17%

* 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.

What does a ROE % Adjusted to Book Value of -133.17% mean?
Meta Materials (MMATQ) has a ROE % Adjusted to Book Value of -133.17% as of Mar. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Meta Materials and its competitors.
Is Meta Materials' ROE % Adjusted to Book Value too high?
Meta Materials' current ROE % Adjusted to Book Value is -133.17%. Overall, Meta Materials has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Meta Materials' ROE % Adjusted to Book Value compare to APH and TEL?
Meta Materials' ROE % Adjusted to Book Value of -133.17% can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Hardware company?
A good ROE % Adjusted to Book Value depends on the Hardware industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Meta Materials and its competitors. Meta Materials's current ROE % Adjusted to Book Value is -133.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meta Materials stock overvalued right now?
Meta Materials (MMATQ) has a current ROE % Adjusted to Book Value of -133.17%. The current ROE % Adjusted to Book Value is -133.17%. Meta Materials' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Meta Materials (MMATQ), the current ROE % Adjusted to Book Value is -133.17% as of Mar. 2024. 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.

Meta Materials Business Description

Address 60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9
Meta Materials Inc delivers previously unachievable performance across a range of applications by inventing, designing, developing, and manufacturing sustainable, functional materials. Its extensive technology platform enables brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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