Admiral GroupAMIGF 88 Return-on-Tangible-Equity is 60.87% as of Dec. 2025, which is 8% below its 10-year median of 65.90. GuruFocus rates AMIGF with a GF Score™ of 88/100 and a GF Value™ of $48.78 (Fairly Valued). The stock has 5 warning signs investors should review. Among 502 Insurance companies, Admiral Group ranks better than 93.63% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Admiral Group's annualized net income for the quarter that ended in Dec. 2025 was $915 Mil. Admiral Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,502 Mil. Therefore, Admiral Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 60.87%.
The historical rank and industry rank for Admiral Group's Return-on-Tangible-Equity or its related term are showing as below:
AMIGF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.88 Med: 65.9 Max: 94.94
Current: 67.95
During the past 13 years, Admiral Group's highest Return-on-Tangible-Equity was 94.94%. The lowest was 31.88%. And the median was 65.90%.
AMIGF's Return-on-Tangible-Equity is ranked better than 93.63% of 502
companies
in the Insurance industry
Industry Median: 13.515
vs AMIGF: 67.95
Admiral Group (OTCPK:AMIGF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Admiral Group Return-on-Tangible-Equity Related Terms
Admiral Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Admiral Group's Return-on-Tangible-Equity 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.
AMIGF vs CB, PGR, TRV: Return-on-Tangible-Equity Comparison
For the Insurance - Property & Casualty subindustry, Admiral Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Admiral Group Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Admiral Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Admiral Group's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 60.87% mean?
Admiral Group (AMIGF) has a Return-on-Tangible-Equity of 60.87% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Admiral Group and its competitors. This is near median its historical median of 65.90. Over the past decade, Admiral Group's Return-on-Tangible-Equity has ranged from 31.88 to 94.94. According to the industry distribution chart, Admiral Group ranks #32 out of 502 companies in the Insurance industry, placing it in the top 6.4%.
Is Admiral Group's Return-on-Tangible-Equity too high?
Admiral Group's current Return-on-Tangible-Equity of 60.87% is near median its 10-year median of 65.90. Over the past 10 years, this metric has ranged from a low of 31.88 to a high of 94.94. The Insurance industry median Return-on-Tangible-Equity is 13.52. Admiral Group's value of 60.87% is 350.4% above this industry median. Based on the distribution chart, Admiral Group ranks #32 out of 502 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Admiral Group has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Admiral Group's Return-on-Tangible-Equity compare to CB and PGR?
According to the Insurance industry distribution chart, Admiral Group ranks #32 out of 502 companies for Return-on-Tangible-Equity. This places Admiral Group in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.52. Admiral Group's value of 60.87% is 350.4% above this benchmark. Historically, Admiral Group's own Return-on-Tangible-Equity has ranged from 31.88 to 94.94 over the past decade. While the company's 10-year median is 65.90 vs. the industry median of 13.52, Admiral Group 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-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Admiral Group's current Return-on-Tangible-Equity of 60.87% is 350.4% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Admiral Group and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Admiral Group's current Return-on-Tangible-Equity is 60.87%, which is near median its own 10-year median of 65.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Admiral Group stock overvalued right now?
Based on GuruFocus' analysis, Admiral Group (AMIGF) is currently considered Fairly Valued. The stock's GF Value™ is $48.78, compared to a current price of $46.24 — trading 5.2% below its estimated fair value. The current Return-on-Tangible-Equity is 60.87%, which is near median its 10-year median of 65.90 and 350.4% above the Insurance industry median of 13.52. Admiral Group's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Admiral Group (AMIGF), the current Return-on-Tangible-Equity is 60.87% as of Dec. 2025. 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 Admiral Group (AMIGF) Overvalued in 2026?
Based on GuruFocus' analysis, Admiral Group stock appears to be undervalued.
The current stock price of $46.24 is trading 5.2% below its estimated GF Value™ of $48.78.
GuruFocus considers Admiral Group to be Fairly Valued.
Key valuation signals for AMIGF:
Return-on-Tangible-Equity: 60.87% (near median its 10-year median of 65.90)
GF Value™: $48.78 vs. price of $46.24 (5.2% below fair value)
Industry Position: 350.4% above the Insurance median (#32 of 502)
No single metric tells the full story. See the AMIGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Admiral is a personal lines insurer that operates predominantly in the United Kingdom. The business is primarily a motor insurer with UK and European auto insurance accounting for the majority of gross premium. The company also has a nascent but growing UK home insurance division. The company was established in 1993 to sell nonstandard risk motor insurance. These nonstandard policyholders included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years the company has expanded its nonstandard risks perimeter.
88GF Score
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