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Sumitomo Mitsui Financial GroupSTU:XMF +0.38%65 Return-on-Tangible-Asset is 0.23% as of Mar. 2026, which is 34% below its 10-year median of 0.35. GuruFocus rates STU:XMF with a GF Score™ of 65/100 and a GF Value™ of €22.91 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,529 Banks companies, Sumitomo Mitsui Financial Group ranks worse than 77.44% on this metric.
The historical rank and industry rank for Sumitomo Mitsui Financial Group's Return-on-Tangible-Asset or its related term are showing as below:
STU:XMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.35 Max: 0.51
Current: 0.51
During the past 13 years, Sumitomo Mitsui Financial Group's highest Return-on-Tangible-Asset was 0.51%. The lowest was 0.22%. And the median was 0.35%.
STU:XMF's Return-on-Tangible-Asset is ranked worse than 77.44% of 1529
companies
in the Banks industry
Industry Median: 0.99
vs STU:XMF: 0.51
Sumitomo Mitsui Financial Group (STU:XMF) 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.
Sumitomo Mitsui Financial Group Return-on-Tangible-Asset Related Terms
Sumitomo Mitsui Financial Group 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.
Sumitomo Mitsui Financial Group Return-on-Tangible-Asset Chart
STU:XMF vs JPM, BAC, WFC: Return-on-Tangible-Asset Comparison
For the Banks - Diversified subindustry, Sumitomo Mitsui Financial 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.
Sumitomo Mitsui Financial Group Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sumitomo Mitsui Financial 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 0.23% mean?
Sumitomo Mitsui Financial Group (STU:XMF) has a Return-on-Tangible-Asset of 0.23% 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 Sumitomo Mitsui Financial Group and its competitors. This is 34% below median its historical median of 0.35. Over the past decade, Sumitomo Mitsui Financial Group's Return-on-Tangible-Asset has ranged from 0.22 to 0.51. According to the industry distribution chart, Sumitomo Mitsui Financial Group ranks #1184 out of 1529 companies in the Banks industry, placing it in the top 77.4%.
Is Sumitomo Mitsui Financial Group's Return-on-Tangible-Asset too high?
Sumitomo Mitsui Financial Group's current Return-on-Tangible-Asset of 0.23% is 34% below median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.51. The Banks industry median Return-on-Tangible-Asset is 0.99. Sumitomo Mitsui Financial Group's value of 0.23% is 76.8% below this industry median. Based on the distribution chart, Sumitomo Mitsui Financial Group ranks #1184 out of 1529 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Sumitomo Mitsui Financial Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sumitomo Mitsui Financial Group's Return-on-Tangible-Asset compare to JPM and BAC?
According to the Banks industry distribution chart, Sumitomo Mitsui Financial Group ranks #1184 out of 1529 companies for Return-on-Tangible-Asset. This places Sumitomo Mitsui Financial Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Sumitomo Mitsui Financial Group's value of 0.23% is 76.8% below this benchmark. Historically, Sumitomo Mitsui Financial Group's own Return-on-Tangible-Asset has ranged from 0.22 to 0.51 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.99, Sumitomo Mitsui Financial 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,529 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. Sumitomo Mitsui Financial Group's current Return-on-Tangible-Asset of 0.23% is 76.8% 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 Sumitomo Mitsui Financial Group and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sumitomo Mitsui Financial Group's current Return-on-Tangible-Asset is 0.23%, which is 34% below median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sumitomo Mitsui Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Sumitomo Mitsui Financial Group (STU:XMF) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.91, compared to a current price of €38.00 — trading 65.9% above its estimated fair value. The current Return-on-Tangible-Asset is 0.23%, which is 34% below median its 10-year median of 0.35 and 76.8% below the Banks industry median of 0.99. Sumitomo Mitsui Financial Group's overall GF Score™ is 65/100 with 6 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 Sumitomo Mitsui Financial Group (STU:XMF), the current Return-on-Tangible-Asset is 0.23% 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 Sumitomo Mitsui Financial Group (STU:XMF) Overvalued in 2026?
Based on GuruFocus' analysis, Sumitomo Mitsui Financial Group stock appears to be overvalued.
The current stock price of €38.00 is trading 65.9% above its estimated GF Value™ of €22.91.
GuruFocus considers Sumitomo Mitsui Financial Group to be Significantly Overvalued.
Key valuation signals for STU:XMF:
Return-on-Tangible-Asset: 0.23% (34% below median its 10-year median of 0.35)
GF Value™: €22.91 vs. price of €38.00 (65.9% above fair value)
Industry Position: 76.8% below the Banks median (#1184 of 1529)
No single metric tells the full story. See the STU:XMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sumitomo Mitsui Financial Group Business Description
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2025, its market share of domestic loans was 7.3%, compared with 8.4% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.
65GF Score
Get the complete analysis for STU:XMF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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