ComputershareASX:CPU -1.23%82 Return-on-Tangible-Equity is Negative Tangible Equity% as of Dec. 2025. GuruFocus rates ASX:CPU with a GF Score™ of 82/100 and a GF Value™ of A$30.18 (Modestly Overvalued). Among 781 Capital Markets companies, Computershare ranks better than 99.87% 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. Computershare's annualized net income for the quarter that ended in Dec. 2025 was A$844 Mil. Computershare's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$-644 Mil. Therefore, Computershare's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.
The historical rank and industry rank for Computershare's Return-on-Tangible-Equity or its related term are showing as below:
ASX:CPU'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
ASX:CPU's Return-on-Tangible-Equity is ranked better than 99.87% of 781
companies
in the Capital Markets industry
Industry Median: 6.44
vs ASX:CPU: Negative Tangible Equity
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.
Computershare Return-on-Tangible-Equity Related Terms
Computershare Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Computershare'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.
ASX:CPU vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Computershare'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.
Computershare Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Computershare's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Computershare'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 Negative Tangible Equity% mean?
Computershare (ASX:CPU) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Computershare and its competitors. According to the industry distribution chart, Computershare ranks #1 out of 781 companies in the Capital Markets industry, placing it in the top 0.099999999999994%.
Is Computershare's Return-on-Tangible-Equity too high?
Computershare's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Computershare ranks #1 out of 781 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Computershare has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Computershare's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Computershare ranks #1 out of 781 companies for Return-on-Tangible-Equity. This places Computershare in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.44. 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 a Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.44, based on 781 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. 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 Computershare and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Computershare's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Computershare stock overvalued right now?
Based on GuruFocus' analysis, Computershare (ASX:CPU) is currently considered Modestly Overvalued. The stock's GF Value™ is A$30.18, compared to a current price of A$36.88 — trading 22.2% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Computershare's overall GF Score™ is 82/100. 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 Computershare (ASX:CPU), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Computershare (ASX:CPU) Overvalued in 2026?
Based on GuruFocus' analysis, Computershare stock appears to be overvalued.
The current stock price of A$36.88 is trading 22.2% above its estimated GF Value™ of A$30.18.
GuruFocus considers Computershare to be Modestly Overvalued.
No single metric tells the full story. See the ASX:CPU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in Australia in 1978, Computershare has grown via acquisitions to become the world's leading provider of issuer services. Employee share plans and communications services are commonly sold together with issuer services to corporations. The company also has a business services offering and a corporate trust business, alongside a small mortgage administration business that's due to be divested. Over the medium term, around half of group EBITDA is expected to be generated from interest income on client cash balances, or margin income, which is exposed to interest-rate movements.
82GF Score
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