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Angel OneBOM:543235 +0.12%93 Return-on-Tangible-Asset is 3.88% as of Jun. 2026, which is 40% below its 10-year median of 6.47. GuruFocus rates BOM:543235 with a GF Score™ of 93/100 and a GF Value™ of ₹322.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 812 Capital Markets companies, Angel One ranks better than 73.65% 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. Angel One's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹9,256 Mil. Angel One's average total tangible assets for the quarter that ended in Jun. 2026 was ₹238,403 Mil. Therefore, Angel One's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.88%.
The historical rank and industry rank for Angel One's Return-on-Tangible-Asset or its related term are showing as below:
BOM:543235'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.12 Med: 6.47 Max: 12.15
Current: 5.25
During the past 11 years, Angel One's highest Return-on-Tangible-Asset was 12.15%. The lowest was 2.12%. And the median was 6.47%.
BOM:543235's Return-on-Tangible-Asset is ranked better than 73.65% of 812
companies
in the Capital Markets industry
Industry Median: 1.515
vs BOM:543235: 5.25
Angel One (BOM:543235) 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.
Angel One Return-on-Tangible-Asset Related Terms
Angel One Return-on-Tangible-Asset Historical Data
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The historical data trend for Angel One'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.
BOM:543235 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Angel One'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.
Angel One Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Angel One's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Angel One'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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.88% mean?
Angel One (BOM:543235) has a Return-on-Tangible-Asset of 3.88% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Angel One and its competitors. This is 40% below median its historical median of 6.47. Over the past decade, Angel One's Return-on-Tangible-Asset has ranged from 2.12 to 12.15. According to the industry distribution chart, Angel One ranks #214 out of 812 companies in the Capital Markets industry, placing it in the top 26.4%.
Is Angel One's Return-on-Tangible-Asset too high?
Angel One's current Return-on-Tangible-Asset of 3.88% is 40% below median its 10-year median of 6.47. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 12.15. The Capital Markets industry median Return-on-Tangible-Asset is 1.52. Angel One's value of 3.88% is 156.1% above this industry median. Based on the distribution chart, Angel One ranks #214 out of 812 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Angel One has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Angel One's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Angel One ranks #214 out of 812 companies for Return-on-Tangible-Asset. This puts Angel One in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.52. Angel One's value of 3.88% is 156.1% above this benchmark. Historically, Angel One's own Return-on-Tangible-Asset has ranged from 2.12 to 12.15 over the past decade. While the company's 10-year median is 6.47 vs. the industry median of 1.52, Angel One 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.52, based on 812 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. Angel One's current Return-on-Tangible-Asset of 3.88% is 156.1% 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-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 Angel One and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angel One's current Return-on-Tangible-Asset is 3.88%, which is 40% below median its own 10-year median of 6.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel One stock overvalued right now?
Based on GuruFocus' analysis, Angel One (BOM:543235) is currently considered Fairly Valued. The stock's GF Value™ is ₹322.61, compared to a current price of ₹299.75 — trading 7.1% below its estimated fair value. The current Return-on-Tangible-Asset is 3.88%, which is 40% below median its 10-year median of 6.47 and 156.1% above the Capital Markets industry median of 1.52. Angel One's overall GF Score™ is 93/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Angel One (BOM:543235), the current Return-on-Tangible-Asset is 3.88% as of Jun. 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 Angel One (BOM:543235) Overvalued in 2026?
Based on GuruFocus' analysis, Angel One stock appears to be undervalued.
The current stock price of ₹299.75 is trading 7.1% below its estimated GF Value™ of ₹322.61.
GuruFocus considers Angel One to be Fairly Valued.
Key valuation signals for BOM:543235:
Return-on-Tangible-Asset: 3.88% (40% below median its 10-year median of 6.47)
GF Value™: ₹322.61 vs. price of ₹299.75 (7.1% below fair value)
Industry Position: 156.1% above the Capital Markets median (#214 of 812)
No single metric tells the full story. See the BOM:543235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Angel One Ltd is a technology enabled financial services platform offering a range of investment and financial solutions across capital markets. Through its flagship Angel One platform, accessible across mobile, web and tablet interfaces, the company provides customers with access to capital markets, investment products and wealth creation tools through a single digital interface. The platform leverages technology driven processes, including data analytics and automation, to support scalable service delivery and customer engagement. Its products and services include Trading & Broking, Depository Operations, Research & Advisory, Margin Trading Funding, Third-Party Financial Product Distribution, IPO & Primary Market Access, and Investor Education & Knowledge Platforms.
93GF Score
Get the complete analysis for BOM:543235
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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