Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
IG Group HoldingsIGGRF 70 Return-on-Tangible-Asset is 19.00% as of May. 2025, which is 20% below its 10-year median of 23.73. GuruFocus rates IGGRF with a GF Score™ of 70/100 and a GF Value™ of $13.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 819 Capital Markets companies, IG Group Holdings ranks better than 91.45% 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. IG Group Holdings's annualizedNet Income for the quarter that ended in May. 2025 was $514 Mil. IG Group Holdings's average total tangible assets for the quarter that ended in May. 2025 was $2,704 Mil. Therefore, IG Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2025 was 19.00%.
The historical rank and industry rank for IG Group Holdings's Return-on-Tangible-Asset or its related term are showing as below:
IGGRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.54 Med: 23.73 Max: 27.14
Current: 18.21
During the past 13 years, IG Group Holdings's highest Return-on-Tangible-Asset was 27.14%. The lowest was 14.54%. And the median was 23.73%.
IGGRF's Return-on-Tangible-Asset is ranked better than 91.45% of 819
companies
in the Capital Markets industry
Industry Median: 1.54
vs IGGRF: 18.21
IG Group Holdings (OTCPK:IGGRF) 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.
IG Group Holdings Return-on-Tangible-Asset Related Terms
IG Group Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IG Group Holdings'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.
IGGRF vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, IG Group Holdings'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.
IG Group Holdings Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IG Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IG Group Holdings'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 (May. 2025) net income data.
What does a Return-on-Tangible-Asset of 19.00% mean?
IG Group Holdings (IGGRF) has a Return-on-Tangible-Asset of 19.00% as of May. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IG Group Holdings and its competitors. This is 20% below median its historical median of 23.73. Over the past decade, IG Group Holdings' Return-on-Tangible-Asset has ranged from 14.54 to 27.14. According to the industry distribution chart, IG Group Holdings ranks #70 out of 819 companies in the Capital Markets industry, placing it in the top 8.5%.
Is IG Group Holdings' Return-on-Tangible-Asset too high?
IG Group Holdings' current Return-on-Tangible-Asset of 19.00% is 20% below median its 10-year median of 23.73. Over the past 10 years, this metric has ranged from a low of 14.54 to a high of 27.14. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. IG Group Holdings' value of 19.00% is 1133.8% above this industry median. Based on the distribution chart, IG Group Holdings ranks #70 out of 819 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, IG Group Holdings has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IG Group Holdings' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, IG Group Holdings ranks #70 out of 819 companies for Return-on-Tangible-Asset. This places IG Group Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.54. IG Group Holdings' value of 19.00% is 1133.8% above this benchmark. Historically, IG Group Holdings' own Return-on-Tangible-Asset has ranged from 14.54 to 27.14 over the past decade. While the company's 10-year median is 23.73 vs. the industry median of 1.54, IG Group Holdings 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 1.54, based on 819 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. IG Group Holdings's current Return-on-Tangible-Asset of 19.00% is 1133.8% 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 IG Group Holdings and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Group Holdings's current Return-on-Tangible-Asset is 19.00%, which is 20% below median its own 10-year median of 23.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IG Group Holdings (IGGRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.76, compared to a current price of $24.30 — trading 76.6% above its estimated fair value. The current Return-on-Tangible-Asset is 19.00%, which is 20% below median its 10-year median of 23.73 and 1133.8% above the Capital Markets industry median of 1.54. IG Group Holdings' overall GF Score™ is 70/100 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 IG Group Holdings (IGGRF), the current Return-on-Tangible-Asset is 19.00% as of May. 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 IG Group Holdings (IGGRF) Overvalued in 2026?
Based on GuruFocus' analysis, IG Group Holdings stock appears to be overvalued.
The current stock price of $24.30 is trading 76.6% above its estimated GF Value™ of $13.76.
GuruFocus considers IG Group Holdings to be Significantly Overvalued.
Key valuation signals for IGGRF:
Return-on-Tangible-Asset: 19.00% (20% below median its 10-year median of 23.73)
GF Value™: $13.76 vs. price of $24.30 (76.6% above fair value)
Industry Position: 1133.8% above the Capital Markets median (#70 of 819)
No single metric tells the full story. See the IGGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.
70GF Score
Get the complete analysis for IGGRF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IGGRF has been successfully added to your 
