StoneX GroupSNEX +2.14%84 Return-on-Tangible-Asset is 1.40% as of Mar. 2026, which is 41% above its 10-year median of 0.99. GuruFocus rates SNEX with a GF Score™ of 84/100 and a GF Value™ of $67.56 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 817 Capital Markets companies, StoneX Group ranks worse than 55.08% 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. StoneX Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $697 Mil. StoneX Group's average total tangible assets for the quarter that ended in Mar. 2026 was $49,956 Mil. Therefore, StoneX Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.40%.
The historical rank and industry rank for StoneX Group's Return-on-Tangible-Asset or its related term are showing as below:
SNEX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.99 Max: 1.46
Current: 1.1
During the past 13 years, StoneX Group's highest Return-on-Tangible-Asset was 1.46%. The lowest was 0.11%. And the median was 0.99%.
SNEX's Return-on-Tangible-Asset is ranked worse than 55.08% of 817
companies
in the Capital Markets industry
Industry Median: 1.51
vs SNEX: 1.10
StoneX Group (NAS:SNEX) 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.
StoneX Group Return-on-Tangible-Asset Related Terms
StoneX Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for StoneX Group'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.
SNEX vs RIOT, SF, JEF: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, StoneX Group'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.
StoneX Group Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, StoneX Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where StoneX Group'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 1.40% mean?
StoneX Group (SNEX) has a Return-on-Tangible-Asset of 1.40% 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 StoneX Group and its competitors. This is 41% above median its historical median of 0.99. Over the past decade, StoneX Group's Return-on-Tangible-Asset has ranged from 0.11 to 1.46. According to the industry distribution chart, StoneX Group ranks #450 out of 817 companies in the Capital Markets industry, placing it in the top 55.1%.
Is StoneX Group's Return-on-Tangible-Asset too high?
StoneX Group's current Return-on-Tangible-Asset of 1.40% is 41% above median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 1.46. The Capital Markets industry median Return-on-Tangible-Asset is 1.51. StoneX Group's value of 1.40% is 7.3% below this industry median. Based on the distribution chart, StoneX Group ranks #450 out of 817 companies in the Capital Markets industry, which is below the industry midpoint. Overall, StoneX Group has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does StoneX Group's Return-on-Tangible-Asset compare to RIOT and SF?
According to the Capital Markets industry distribution chart, StoneX Group ranks #450 out of 817 companies for Return-on-Tangible-Asset. This places StoneX Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.51. StoneX Group's value of 1.40% is 7.3% below this benchmark. Historically, StoneX Group's own Return-on-Tangible-Asset has ranged from 0.11 to 1.46 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.51, StoneX Group 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.51, based on 817 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. StoneX Group's current Return-on-Tangible-Asset of 1.40% is 7.3% 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 StoneX Group and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StoneX Group's current Return-on-Tangible-Asset is 1.40%, which is 41% above median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StoneX Group stock overvalued right now?
Based on GuruFocus' analysis, StoneX Group (SNEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $67.56, compared to a current price of $123.13 — trading 82.3% above its estimated fair value. The current Return-on-Tangible-Asset is 1.40%, which is 41% above median its 10-year median of 0.99 and 7.3% below the Capital Markets industry median of 1.51. StoneX Group's overall GF Score™ is 84/100 with 3 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 StoneX Group (SNEX), the current Return-on-Tangible-Asset is 1.40% 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.
Is StoneX Group (SNEX) Overvalued in 2026?
Based on GuruFocus' analysis, StoneX Group stock appears to be overvalued.
The current stock price of $123.13 is trading 82.3% above its estimated GF Value™ of $67.56.
GuruFocus considers StoneX Group to be Significantly Overvalued.
Key valuation signals for SNEX:
Return-on-Tangible-Asset: 1.40% (41% above median its 10-year median of 0.99)
GF Value™: $67.56 vs. price of $123.13 (82.3% above fair value)
Industry Position: 7.3% below the Capital Markets median (#450 of 817)
No single metric tells the full story. See the SNEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
StoneX Group Inc is a brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: Commercial, Institutional, Self-Directed/Retail, and Payments. Its customers include governmental and nongovernmental organizations, commercial banks, brokers, institutional investors, and investment banks. The company operates in the United States, South America, Europe, the Middle East and Asia, and other countries, out of which the majority of revenue is generated from the Middle East and Asia Region.
84GF Score
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