Fiducian GroupASX:FID -1.88%78 Return-on-Tangible-Equity is 53.31% as of Dec. 2025, which is 19% below its 10-year median of 65.89. GuruFocus rates ASX:FID with a GF Score™ of 78/100 and a GF Value™ of A$9.92 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,587 Asset Management companies, Fiducian Group ranks better than 94.45% 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. Fiducian Group's annualized net income for the quarter that ended in Dec. 2025 was A$19.81 Mil. Fiducian Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$37.15 Mil. Therefore, Fiducian Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 53.31%.
The historical rank and industry rank for Fiducian Group's Return-on-Tangible-Equity or its related term are showing as below:
ASX:FID'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 55.88 Med: 65.89 Max: 98.27
Current: 55.88
During the past 13 years, Fiducian Group's highest Return-on-Tangible-Equity was 98.27%. The lowest was 55.88%. And the median was 65.89%.
ASX:FID's Return-on-Tangible-Equity is ranked better than 94.45% of 1587
companies
in the Asset Management industry
Industry Median: 7.18
vs ASX:FID: 55.88
Fiducian Group (ASX:FID) 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.
Fiducian Group Return-on-Tangible-Equity Related Terms
Fiducian Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fiducian 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.
ASX:FID vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Fiducian 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.
Fiducian Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiducian Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fiducian 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 53.31% mean?
Fiducian Group (ASX:FID) has a Return-on-Tangible-Equity of 53.31% 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 Fiducian Group and its competitors. This is 19% below median its historical median of 65.89. Over the past decade, Fiducian Group's Return-on-Tangible-Equity has ranged from 55.88 to 98.27. According to the industry distribution chart, Fiducian Group ranks #88 out of 1587 companies in the Asset Management industry, placing it in the top 5.5%.
Is Fiducian Group's Return-on-Tangible-Equity too high?
Fiducian Group's current Return-on-Tangible-Equity of 53.31% is 19% below median its 10-year median of 65.89. Over the past 10 years, this metric has ranged from a low of 55.88 to a high of 98.27. The Asset Management industry median Return-on-Tangible-Equity is 7.18. Fiducian Group's value of 53.31% is 642.5% above this industry median. Based on the distribution chart, Fiducian Group ranks #88 out of 1587 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fiducian Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiducian Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiducian Group ranks #88 out of 1587 companies for Return-on-Tangible-Equity. This places Fiducian Group in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.18. Fiducian Group's value of 53.31% is 642.5% above this benchmark. Historically, Fiducian Group's own Return-on-Tangible-Equity has ranged from 55.88 to 98.27 over the past decade. While the company's 10-year median is 65.89 vs. the industry median of 7.18, Fiducian 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.18, based on 1,587 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. Fiducian Group's current Return-on-Tangible-Equity of 53.31% is 642.5% 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-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 Fiducian Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiducian Group's current Return-on-Tangible-Equity is 53.31%, which is 19% below median its own 10-year median of 65.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiducian Group stock overvalued right now?
Based on GuruFocus' analysis, Fiducian Group (ASX:FID) is currently considered Modestly Undervalued. The stock's GF Value™ is A$9.92, compared to a current price of A$8.34 — trading 15.9% below its estimated fair value. The current Return-on-Tangible-Equity is 53.31%, which is 19% below median its 10-year median of 65.89 and 642.5% above the Asset Management industry median of 7.18. Fiducian Group's overall GF Score™ is 78/100 with 2 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 Fiducian Group (ASX:FID), the current Return-on-Tangible-Equity is 53.31% 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 Fiducian Group (ASX:FID) Overvalued in 2026?
Based on GuruFocus' analysis, Fiducian Group stock appears to be undervalued.
The current stock price of A$8.34 is trading 15.9% below its estimated GF Value™ of A$9.92.
GuruFocus considers Fiducian Group to be Modestly Undervalued.
Key valuation signals for ASX:FID:
Return-on-Tangible-Equity: 53.31% (19% below median its 10-year median of 65.89)
GF Value™: A$9.92 vs. price of A$8.34 (15.9% below fair value)
Industry Position: 642.5% above the Asset Management median (#88 of 1587)
No single metric tells the full story. See the ASX:FID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiducian Group Ltd operates as a financial services company. It is a provider of specialist financial services to both financial advisers and retail and wholesale clients throughout Australia. The company has the following segments; Funds Management, Financial Planning, Platform Administration, and Corporate Services. It generates maximum revenue from the Financial Planning Segment through which it provides specialist financial planning services to its customers.
78GF Score
Get the complete analysis for ASX:FID
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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