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Old MutualNAM:OMM 76 Return-on-Tangible-Asset is 0.66% as of Dec. 2025, which is 2% above its 10-year median of 0.65. GuruFocus rates NAM:OMM with a GF Score™ of 76/100 and a GF Value™ of R20.69 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 558 Diversified Financial Services companies, Old Mutual ranks worse than 51.79% 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. Old Mutual's annualizedNet Income for the quarter that ended in Dec. 2025 was R8,612 Mil. Old Mutual's average total tangible assets for the quarter that ended in Dec. 2025 was R1,302,271 Mil. Therefore, Old Mutual's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.66%.
The historical rank and industry rank for Old Mutual's Return-on-Tangible-Asset or its related term are showing as below:
NAM:OMM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.55 Med: 0.65 Max: 1.87
Current: 0.66
During the past 13 years, Old Mutual's highest Return-on-Tangible-Asset was 1.87%. The lowest was -0.55%. And the median was 0.65%.
NAM:OMM's Return-on-Tangible-Asset is ranked worse than 51.79% of 558
companies
in the Diversified Financial Services industry
Industry Median: 0.785
vs NAM:OMM: 0.66
Old Mutual (NAM:OMM) 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.
Old Mutual Return-on-Tangible-Asset Related Terms
Old Mutual Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Old Mutual'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.
NAM:OMM vs VOYA, FRHC: Return-on-Tangible-Asset Comparison
For the Financial Conglomerates subindustry, Old Mutual'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.
Old Mutual Return-on-Tangible-Asset vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Old Mutual's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Old Mutual'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 0.66% mean?
Old Mutual (NAM:OMM) has a Return-on-Tangible-Asset of 0.66% 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 Old Mutual and its competitors. This is near median its historical median of 0.65. According to the industry distribution chart, Old Mutual ranks #289 out of 558 companies in the Diversified Financial Services industry, placing it in the top 51.8%.
Is Old Mutual's Return-on-Tangible-Asset too high?
Old Mutual's current Return-on-Tangible-Asset of 0.66% is near median its 10-year median of 0.65. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.79. Old Mutual's value of 0.66% is 15.9% below this industry median. Based on the distribution chart, Old Mutual ranks #289 out of 558 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Old Mutual has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Old Mutual's Return-on-Tangible-Asset compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, Old Mutual ranks #289 out of 558 companies for Return-on-Tangible-Asset. This places Old Mutual in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.79. Old Mutual's value of 0.66% is 15.9% below this benchmark. While the company's 10-year median is 0.65 vs. the industry median of 0.79, Old Mutual has consistently been below 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 0.79, based on 558 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. Old Mutual's current Return-on-Tangible-Asset of 0.66% is 15.9% below 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 Old Mutual and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Old Mutual's current Return-on-Tangible-Asset is 0.66%, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Old Mutual stock overvalued right now?
Based on GuruFocus' analysis, Old Mutual (NAM:OMM) is currently considered Significantly Undervalued. The stock's GF Value™ is R20.69, compared to a current price of R13.20 — trading 36.2% below its estimated fair value. The current Return-on-Tangible-Asset is 0.66%, which is near median its 10-year median of 0.65 and 15.9% below the Diversified Financial Services industry median of 0.79. Old Mutual's overall GF Score™ is 76/100 with 1 warning sign 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 Old Mutual (NAM:OMM), the current Return-on-Tangible-Asset is 0.66% 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 Old Mutual (NAM:OMM) Overvalued in 2026?
Based on GuruFocus' analysis, Old Mutual stock appears to be undervalued.
The current stock price of R13.20 is trading 36.2% below its estimated GF Value™ of R20.69.
GuruFocus considers Old Mutual to be Significantly Undervalued.
Key valuation signals for NAM:OMM:
Return-on-Tangible-Asset: 0.66% (near median its 10-year median of 0.65)
GF Value™: R20.69 vs. price of R13.20 (36.2% below fair value)
Industry Position: 15.9% below the Diversified Financial Services median (#289 of 558)
No single metric tells the full story. See the NAM:OMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Old Mutual Ltd provides financial services that include wealth management, banking, asset management, and insurance. The firm is organized into the following operational segments: Old Mutual Life and Savings, Old Mutual Investments, Old Mutual Banking, Old Mutual Insure, Old Mutual Africa Regions, and Other Group Activities. The company generates key revenue from Old Mutual Life and Savings, which comprises retail and corporate segments offering risk, savings, investment, lending, and income products across diverse markets. This includes simple financial solutions for low- to lower-middle-income customers, holistic financial advice and tailored investment offerings for middle-income and high-net-worth individuals, and employee benefits and business solutions for SMEs.
76GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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