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SBI Funds ManagementNSE:SBIFUNDS +0.22%22 Return-on-Tangible-Asset is 35.64% as of Mar. 2026, which is 7% above its 10-year median of 33.17. GuruFocus rates NSE:SBIFUNDS with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,629 Asset Management companies, SBI Funds Management ranks better than 65.5% 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. SBI Funds Management's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹25,379 Mil. SBI Funds Management's average total tangible assets for the quarter that ended in Mar. 2026 was ₹71,210 Mil. Therefore, SBI Funds Management's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 35.64%.
The historical rank and industry rank for SBI Funds Management's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SBIFUNDS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.27 Med: 33.17 Max: 40.39
Current: 8.27
During the past 4 years, SBI Funds Management's highest Return-on-Tangible-Asset was 40.39%. The lowest was 8.27%. And the median was 33.17%.
NSE:SBIFUNDS's Return-on-Tangible-Asset is ranked better than 65.5% of 1629
companies
in the Asset Management industry
Industry Median: 4.62
vs NSE:SBIFUNDS: 8.27
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.
SBI Funds Management Return-on-Tangible-Asset Related Terms
SBI Funds Management Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SBI Funds Management'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.
NSE:SBIFUNDS vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, SBI Funds Management'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.
SBI Funds Management Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SBI Funds Management's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SBI Funds Management'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 35.64% mean?
SBI Funds Management (NSE:SBIFUNDS) has a Return-on-Tangible-Asset of 35.64% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on SBI Funds Management and its competitors. This is near median its historical median of 33.17. Over the past decade, SBI Funds Management's Return-on-Tangible-Asset has ranged from 8.27 to 40.39. According to the industry distribution chart, SBI Funds Management ranks #562 out of 1629 companies in the Asset Management industry, placing it in the top 34.5%.
Is SBI Funds Management's Return-on-Tangible-Asset too high?
SBI Funds Management's current Return-on-Tangible-Asset of 35.64% is near median its 10-year median of 33.17. Over the past 10 years, this metric has ranged from a low of 8.27 to a high of 40.39. The Asset Management industry median Return-on-Tangible-Asset is 4.62. SBI Funds Management's value of 35.64% is 671.4% above this industry median. Based on the distribution chart, SBI Funds Management ranks #562 out of 1629 companies in the Asset Management industry, which is above the industry midpoint. Overall, SBI Funds Management has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SBI Funds Management's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, SBI Funds Management ranks #562 out of 1629 companies for Return-on-Tangible-Asset. This puts SBI Funds Management in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.62. SBI Funds Management's value of 35.64% is 671.4% above this benchmark. Historically, SBI Funds Management's own Return-on-Tangible-Asset has ranged from 8.27 to 40.39 over the past decade. While the company's 10-year median is 33.17 vs. the industry median of 4.62, SBI Funds Management 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.62, based on 1,629 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. SBI Funds Management's current Return-on-Tangible-Asset of 35.64% is 671.4% 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 SBI Funds Management and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Funds Management's current Return-on-Tangible-Asset is 35.64%, which is near median its own 10-year median of 33.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Funds Management stock overvalued right now?
SBI Funds Management (NSE:SBIFUNDS) has a current Return-on-Tangible-Asset of 35.64%. The current Return-on-Tangible-Asset is 35.64%, which is near median its 10-year median of 33.17 and 671.4% above the Asset Management industry median of 4.62. SBI Funds Management's overall GF Score™ is 22/100 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 SBI Funds Management (NSE:SBIFUNDS), the current Return-on-Tangible-Asset is 35.64% as of Mar. 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.
SBI Funds Management Ltd is a company that manages the Investment Portfolios of the scheme(s) launched by the Fund and provides various administrative services to the Fund. The Company also offers alternate asset investment products through Alternative Investment Funds. It is acting as Investment Manager of SBI Alternative Equity Fund & SBI Alternative Debt Fund.
22GF Score
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