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SM InvestmentsSVTMF 79 Return-on-Tangible-Asset is 4.92% as of Mar. 2026, which is 21% above its 10-year median of 4.08. GuruFocus rates SVTMF with a GF Score™ of 79/100 and a GF Value™ of $16.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,130 Retail - Cyclical companies, SM Investments ranks better than 65.93% 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. SM Investments's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,395 Mil. SM Investments's average total tangible assets for the quarter that ended in Mar. 2026 was $28,375 Mil. Therefore, SM Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.92%.
The historical rank and industry rank for SM Investments's Return-on-Tangible-Asset or its related term are showing as below:
SVTMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.07 Med: 4.08 Max: 5.41
Current: 5.41
During the past 13 years, SM Investments's highest Return-on-Tangible-Asset was 5.41%. The lowest was 2.07%. And the median was 4.08%.
SVTMF's Return-on-Tangible-Asset is ranked better than 65.93% of 1130
companies
in the Retail - Cyclical industry
Industry Median: 2.92
vs SVTMF: 5.41
SM Investments (OTCPK:SVTMF) 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.
SM Investments Return-on-Tangible-Asset Related Terms
SM Investments Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SM Investments'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.
SVTMF vs DDS, M: Return-on-Tangible-Asset Comparison
For the Department Stores subindustry, SM Investments'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.
SM Investments Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, SM Investments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SM Investments'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 4.92% mean?
SM Investments (SVTMF) has a Return-on-Tangible-Asset of 4.92% 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 SM Investments and its competitors. This is 21% above median its historical median of 4.08. Over the past decade, SM Investments' Return-on-Tangible-Asset has ranged from 2.07 to 5.41. According to the industry distribution chart, SM Investments ranks #385 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 34.1%.
Is SM Investments' Return-on-Tangible-Asset too high?
SM Investments' current Return-on-Tangible-Asset of 4.92% is 21% above median its 10-year median of 4.08. Over the past 10 years, this metric has ranged from a low of 2.07 to a high of 5.41. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.92. SM Investments' value of 4.92% is 68.5% above this industry median. Based on the distribution chart, SM Investments ranks #385 out of 1130 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, SM Investments has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Investments' Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, SM Investments ranks #385 out of 1130 companies for Return-on-Tangible-Asset. This puts SM Investments in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.92. SM Investments' value of 4.92% is 68.5% above this benchmark. Historically, SM Investments' own Return-on-Tangible-Asset has ranged from 2.07 to 5.41 over the past decade. While the company's 10-year median is 4.08 vs. the industry median of 2.92, SM Investments 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.92, based on 1,130 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. SM Investments's current Return-on-Tangible-Asset of 4.92% is 68.5% 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 SM Investments and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Investments's current Return-on-Tangible-Asset is 4.92%, which is 21% above median its own 10-year median of 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Investments stock overvalued right now?
Based on GuruFocus' analysis, SM Investments (SVTMF) is currently considered Possible Value Trap. The stock's GF Value™ is $16.38, compared to a current price of $10.15 — trading 38% below its estimated fair value. The current Return-on-Tangible-Asset is 4.92%, which is 21% above median its 10-year median of 4.08 and 68.5% above the Retail - Cyclical industry median of 2.92. SM Investments' overall GF Score™ is 79/100 with 4 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 SM Investments (SVTMF), the current Return-on-Tangible-Asset is 4.92% 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 SM Investments (SVTMF) Overvalued in 2026?
Based on GuruFocus' analysis, SM Investments stock appears to be undervalued.
The current stock price of $10.15 is trading 38% below its estimated GF Value™ of $16.38.
GuruFocus considers SM Investments to be Possible Value Trap.
Key valuation signals for SVTMF:
Return-on-Tangible-Asset: 4.92% (21% above median its 10-year median of 4.08)
GF Value™: $16.38 vs. price of $10.15 (38% below fair value)
Industry Position: 68.5% above the Retail - Cyclical median (#385 of 1130)
No single metric tells the full story. See the SVTMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Investments Corp is a Philippines conglomerate with operations in retail, banking, property, and Portfolio investments. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, and leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, and others.
79GF Score
Get the complete analysis for SVTMF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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