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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.
Wealth First Portfolio ManagersNSE:WEALTH +0.95%57 Return-on-Tangible-Asset is 22.96% as of Jun. 2026, which is 1% below its 10-year median of 23.27. GuruFocus rates NSE:WEALTH with a GF Score™ of 57/100 and a GF Value™ of ₹145.45 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 814 Capital Markets companies, Wealth First Portfolio Managers ranks better than 92.75% on this metric.
The historical rank and industry rank for Wealth First Portfolio Managers's Return-on-Tangible-Asset or its related term are showing as below:
NSE:WEALTH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.22 Med: 23.27 Max: 41.72
Current: 20.83
During the past 12 years, Wealth First Portfolio Managers's highest Return-on-Tangible-Asset was 41.72%. The lowest was 3.22%. And the median was 23.27%.
NSE:WEALTH's Return-on-Tangible-Asset is ranked better than 92.75% of 814
companies
in the Capital Markets industry
Industry Median: 1.61
vs NSE:WEALTH: 20.83
Wealth First Portfolio Managers (NSE:WEALTH) 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.
Wealth First Portfolio Managers Return-on-Tangible-Asset Related Terms
Wealth First Portfolio Managers Return-on-Tangible-Asset Historical Data
* 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.
Wealth First Portfolio Managers Return-on-Tangible-Asset Chart
NSE:WEALTH vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Wealth First Portfolio Managers'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.
Wealth First Portfolio Managers Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Wealth First Portfolio Managers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Wealth First Portfolio Managers'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 22.96% mean?
Wealth First Portfolio Managers (NSE:WEALTH) has a Return-on-Tangible-Asset of 22.96% 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 Wealth First Portfolio Managers and its competitors. This is near median its historical median of 23.27. Over the past decade, Wealth First Portfolio Managers' Return-on-Tangible-Asset has ranged from 3.22 to 41.72. According to the industry distribution chart, Wealth First Portfolio Managers ranks #59 out of 814 companies in the Capital Markets industry, placing it in the top 7.2%.
Is Wealth First Portfolio Managers' Return-on-Tangible-Asset too high?
Wealth First Portfolio Managers' current Return-on-Tangible-Asset of 22.96% is near median its 10-year median of 23.27. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 41.72. The Capital Markets industry median Return-on-Tangible-Asset is 1.61. Wealth First Portfolio Managers' value of 22.96% is 1326.1% above this industry median. Based on the distribution chart, Wealth First Portfolio Managers ranks #59 out of 814 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Wealth First Portfolio Managers has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wealth First Portfolio Managers' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Wealth First Portfolio Managers ranks #59 out of 814 companies for Return-on-Tangible-Asset. This places Wealth First Portfolio Managers in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.61. Wealth First Portfolio Managers' value of 22.96% is 1326.1% above this benchmark. Historically, Wealth First Portfolio Managers' own Return-on-Tangible-Asset has ranged from 3.22 to 41.72 over the past decade. While the company's 10-year median is 23.27 vs. the industry median of 1.61, Wealth First Portfolio Managers 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 1.61, based on 814 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. Wealth First Portfolio Managers's current Return-on-Tangible-Asset of 22.96% is 1326.1% 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 Wealth First Portfolio Managers and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wealth First Portfolio Managers's current Return-on-Tangible-Asset is 22.96%, which is near median its own 10-year median of 23.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wealth First Portfolio Managers stock overvalued right now?
Based on GuruFocus' analysis, Wealth First Portfolio Managers (NSE:WEALTH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹145.45, compared to a current price of ₹864.15 — trading 494.1% above its estimated fair value. The current Return-on-Tangible-Asset is 22.96%, which is near median its 10-year median of 23.27 and 1326.1% above the Capital Markets industry median of 1.61. Wealth First Portfolio Managers' overall GF Score™ is 57/100 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 Wealth First Portfolio Managers (NSE:WEALTH), the current Return-on-Tangible-Asset is 22.96% 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 Wealth First Portfolio Managers (NSE:WEALTH) Overvalued in 2026?
Based on GuruFocus' analysis, Wealth First Portfolio Managers stock appears to be overvalued.
The current stock price of ₹864.15 is trading 494.1% above its estimated GF Value™ of ₹145.45.
GuruFocus considers Wealth First Portfolio Managers to be Significantly Overvalued.
Key valuation signals for NSE:WEALTH:
Return-on-Tangible-Asset: 22.96% (near median its 10-year median of 23.27)
GF Value™: ₹145.45 vs. price of ₹864.15 (494.1% above fair value)
Industry Position: 1326.1% above the Capital Markets median (#59 of 814)
No single metric tells the full story. See the NSE:WEALTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wealth First Portfolio Managers Ltd is a financial service provider for various types of financial products available in the Indian market. The company offers research for products that deliver compatible performance in terms of yield. The product portfolio of the company consists of government bonds and securities, direct equity, cash management services, derivative products, mutual funds, insurance products, commodities, and market-making services. The mutual fund brokerage generates maximum revenue for the company. It offers its services only to the Indian market.
57GF Score
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