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InvestSMART GroupASX:INV -3.57%48 Return-on-Tangible-Asset is 9.23% as of Dec. 2025, which is 31% below its 10-year median of 13.39. GuruFocus rates ASX:INV with a GF Score™ of 48/100 and a GF Value™ of A$0.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 559 Diversified Financial Services companies, InvestSMART Group ranks better than 97.85% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. InvestSMART Group's annualizedNet Income for the quarter that ended in Dec. 2025 was A$6.13 Mil. InvestSMART Group's average total tangible assets for the quarter that ended in Dec. 2025 was A$66.39 Mil. Therefore, InvestSMART Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 9.23%.
The historical rank and industry rank for InvestSMART Group's Return-on-Tangible-Asset or its related term are showing as below:
ASX:INV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.56 Med: 13.39 Max: 18.79
Current: 11.8
During the past 3 years, InvestSMART Group's highest Return-on-Tangible-Asset was 18.79%. The lowest was 4.56%. And the median was 13.39%.
ASX:INV's Return-on-Tangible-Asset is ranked better than 97.85% of 559
companies
in the Diversified Financial Services industry
Industry Median: 0.82
vs ASX:INV: 11.80
InvestSMART Group (ASX:INV) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
InvestSMART Group Return-on-Tangible-Asset Related Terms
InvestSMART Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for InvestSMART Group's Return-on-Tangible-Asset 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.
ASX:INV vs VOYA, FRHC: Return-on-Tangible-Asset Comparison
For the Financial Conglomerates subindustry, InvestSMART Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
InvestSMART Group Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, InvestSMART Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where InvestSMART Group's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 9.23% mean?
InvestSMART Group (ASX:INV) has a Return-on-Tangible-Asset of 9.23% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on InvestSMART Group and its competitors. This is 31% below median its historical median of 13.39. Over the past decade, InvestSMART Group's Return-on-Tangible-Asset has ranged from 4.56 to 18.79. According to the industry distribution chart, InvestSMART Group ranks #12 out of 559 companies in the Diversified Financial Services industry, placing it in the top 2.1%.
Is InvestSMART Group's Return-on-Tangible-Asset too high?
InvestSMART Group's current Return-on-Tangible-Asset of 9.23% is 31% below median its 10-year median of 13.39. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 18.79. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.82. InvestSMART Group's value of 9.23% is 1025.6% above this industry median. Based on the distribution chart, InvestSMART Group ranks #12 out of 559 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, InvestSMART Group has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does InvestSMART Group's Return-on-Tangible-Asset compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, InvestSMART Group ranks #12 out of 559 companies for Return-on-Tangible-Asset. This places InvestSMART Group in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.82. InvestSMART Group's value of 9.23% is 1025.6% above this benchmark. Historically, InvestSMART Group's own Return-on-Tangible-Asset has ranged from 4.56 to 18.79 over the past decade. While the company's 10-year median is 13.39 vs. the industry median of 0.82, InvestSMART Group 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-Asset for a Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.82, based on 559 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. InvestSMART Group's current Return-on-Tangible-Asset of 9.23% is 1025.6% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on InvestSMART Group and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InvestSMART Group's current Return-on-Tangible-Asset is 9.23%, which is 31% below median its own 10-year median of 13.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InvestSMART Group stock overvalued right now?
Based on GuruFocus' analysis, InvestSMART Group (ASX:INV) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.16, compared to a current price of A$0.14 — trading 15.6% below its estimated fair value. The current Return-on-Tangible-Asset is 9.23%, which is 31% below median its 10-year median of 13.39 and 1025.6% above the Diversified Financial Services industry median of 0.82. InvestSMART Group's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For InvestSMART Group (ASX:INV), the current Return-on-Tangible-Asset is 9.23% as of Dec. 2025. 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 InvestSMART Group (ASX:INV) Overvalued in 2026?
Based on GuruFocus' analysis, InvestSMART Group stock appears to be undervalued.
The current stock price of A$0.14 is trading 15.6% below its estimated GF Value™ of A$0.16.
GuruFocus considers InvestSMART Group to be Modestly Undervalued.
Key valuation signals for ASX:INV:
Return-on-Tangible-Asset: 9.23% (31% below median its 10-year median of 13.39)
GF Value™: A$0.16 vs. price of A$0.14 (15.6% below fair value)
Industry Position: 1025.6% above the Diversified Financial Services median (#12 of 559)
No single metric tells the full story. See the ASX:INV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InvestSMART Group Ltd is mainly involved in operating businesses that deliver financial services to retail investors in Australia, predominantly in wealth and funds management. It offers a proprietary digital wealth platform that operates within a content and tools ecosystem, offering investment products like InvestSMART (Professionally Managed Accounts), Fundlater (lending service), White label, and Intelligent Investor. In addition, the platform provides investment content and tools like Intelligent Investor (research and investment advisory service), and organizes bootcamps for investors, among others.
48GF Score
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