InvestSMART GroupASX:INV 52 Return-on-Tangible-Equity is 9.63% as of Dec. 2025, which is 29% below its 10-year median of 13.52. GuruFocus rates ASX:INV with a GF Score™ of 52/100 and a GF Value™ of A$0.16 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 483 Diversified Financial Services companies, InvestSMART Group ranks better than 90.48% 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. InvestSMART Group's annualized net income for the quarter that ended in Dec. 2025 was A$6.13 Mil. InvestSMART Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$63.62 Mil. Therefore, InvestSMART Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.63%.
The historical rank and industry rank for InvestSMART Group's Return-on-Tangible-Equity or its related term are showing as below:
ASX:INV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.61 Med: 13.52 Max: 19.79
Current: 12.27
During the past 3 years, InvestSMART Group's highest Return-on-Tangible-Equity was 19.79%. The lowest was 4.61%. And the median was 13.52%.
ASX:INV's Return-on-Tangible-Equity is ranked better than 90.48% of 483
companies
in the Diversified Financial Services industry
Industry Median: 1.7
vs ASX:INV: 12.27
InvestSMART Group (ASX:INV) 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.
InvestSMART Group Return-on-Tangible-Equity Related Terms
InvestSMART Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for InvestSMART 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:INV vs VOYA, FRHC: Return-on-Tangible-Equity Comparison
For the Financial Conglomerates subindustry, InvestSMART 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.
InvestSMART Group Return-on-Tangible-Equity vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, InvestSMART Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where InvestSMART 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 9.63% mean?
InvestSMART Group (ASX:INV) has a Return-on-Tangible-Equity of 9.63% 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 InvestSMART Group and its competitors. This is 29% below median its historical median of 13.52. Over the past decade, InvestSMART Group's Return-on-Tangible-Equity has ranged from 4.61 to 19.79. According to the industry distribution chart, InvestSMART Group ranks #46 out of 483 companies in the Diversified Financial Services industry, placing it in the top 9.5%.
Is InvestSMART Group's Return-on-Tangible-Equity too high?
InvestSMART Group's current Return-on-Tangible-Equity of 9.63% is 29% below median its 10-year median of 13.52. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 19.79. The Diversified Financial Services industry median Return-on-Tangible-Equity is 1.70. InvestSMART Group's value of 9.63% is 466.5% above this industry median. Based on the distribution chart, InvestSMART Group ranks #46 out of 483 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, InvestSMART Group has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does InvestSMART Group's Return-on-Tangible-Equity compare to VOYA and FRHC?
According to the Diversified Financial Services industry distribution chart, InvestSMART Group ranks #46 out of 483 companies for Return-on-Tangible-Equity. This places InvestSMART Group in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 1.70. InvestSMART Group's value of 9.63% is 466.5% above this benchmark. Historically, InvestSMART Group's own Return-on-Tangible-Equity has ranged from 4.61 to 19.79 over the past decade. While the company's 10-year median is 13.52 vs. the industry median of 1.70, InvestSMART 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 a Diversified Financial Services company?
The median Return-on-Tangible-Equity among Diversified Financial Services companies is 1.70, based on 483 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. InvestSMART Group's current Return-on-Tangible-Equity of 9.63% is 466.5% 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 InvestSMART Group and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Equity is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InvestSMART Group's current Return-on-Tangible-Equity is 9.63%, which is 29% below median its own 10-year median of 13.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InvestSMART Group stock overvalued right now?
Based on GuruFocus' analysis, InvestSMART Group (ASX:INV) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.16, compared to a current price of A$0.14 — trading 12.5% below its estimated fair value. The current Return-on-Tangible-Equity is 9.63%, which is 29% below median its 10-year median of 13.52 and 466.5% above the Diversified Financial Services industry median of 1.70. InvestSMART Group's overall GF Score™ is 52/100 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 InvestSMART Group (ASX:INV), the current Return-on-Tangible-Equity is 9.63% 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 InvestSMART Group (ASX:INV) Overvalued in 2026?
Based on GuruFocus' analysis, InvestSMART Group stock appears to be undervalued.
The current stock price of A$0.14 is trading 12.5% below its estimated GF Value™ of A$0.16.
GuruFocus considers InvestSMART Group to be Modestly Undervalued.
Key valuation signals for ASX:INV:
Return-on-Tangible-Equity: 9.63% (29% below median its 10-year median of 13.52)
GF Value™: A$0.16 vs. price of A$0.14 (12.5% below fair value)
Industry Position: 466.5% above the Diversified Financial Services median (#46 of 483)
No single metric tells the full story. See the ASX:INV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InvestSMART Group Ltd is mainly involved in operating businesses that deliver financial services to retail investors in Australia, predominantly in wealth and funds management. It offers a proprietary digital wealth platform that operates within a content and tools ecosystem, offering investment products like InvestSMART (Professionally Managed Accounts), Fundlater (lending service), White label, and Intelligent Investor. In addition, the platform provides investment content and tools like Intelligent Investor (research and investment advisory service), and organizes bootcamps for investors, among others.
52GF Score
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