Bolsa de Valores de ColombiaBOG:BVC 76 Return-on-Tangible-Equity is 92.70% as of Dec. 2025, which is 34% above its 10-year median of 69.40. GuruFocus rates BOG:BVC with a GF Score™ of 76/100 and a GF Value™ of COP14,076.90 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 783 Capital Markets companies, Bolsa de Valores de Colombia ranks better than 95.15% 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. Bolsa de Valores de Colombia's annualized net income for the quarter that ended in Dec. 2025 was COP112,199 Mil. Bolsa de Valores de Colombia's average shareholder tangible equity for the quarter that ended in Dec. 2025 was COP121,035 Mil. Therefore, Bolsa de Valores de Colombia's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 92.70%.
The historical rank and industry rank for Bolsa de Valores de Colombia's Return-on-Tangible-Equity or its related term are showing as below:
BOG:BVC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 31.42 Med: 69.4 Max: 171.57
Current: 106.73
During the past 13 years, Bolsa de Valores de Colombia's highest Return-on-Tangible-Equity was 171.57%. The lowest was 31.42%. And the median was 69.40%.
BOG:BVC's Return-on-Tangible-Equity is ranked better than 95.15% of 783
companies
in the Capital Markets industry
Industry Median: 6.52
vs BOG:BVC: 106.73
Bolsa de Valores de Colombia (BOG:BVC) 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.
Bolsa de Valores de Colombia Return-on-Tangible-Equity Related Terms
Bolsa de Valores de Colombia Return-on-Tangible-Equity Historical Data
* 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.
Bolsa de Valores de Colombia Return-on-Tangible-Equity Chart
BOG:BVC vs SPGI, CME, MCO: Return-on-Tangible-Equity Comparison
For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia'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.
Bolsa de Valores de Colombia Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bolsa de Valores de Colombia'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 four times the quarterly (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 92.70% mean?
Bolsa de Valores de Colombia (BOG:BVC) has a Return-on-Tangible-Equity of 92.70% 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 Bolsa de Valores de Colombia and its competitors. This is 34% above median its historical median of 69.40. Over the past decade, Bolsa de Valores de Colombia's Return-on-Tangible-Equity has ranged from 31.42 to 171.57. According to the industry distribution chart, Bolsa de Valores de Colombia ranks #38 out of 783 companies in the Capital Markets industry, placing it in the top 4.9%.
Is Bolsa de Valores de Colombia's Return-on-Tangible-Equity too high?
Bolsa de Valores de Colombia's current Return-on-Tangible-Equity of 92.70% is 34% above median its 10-year median of 69.40. Over the past 10 years, this metric has ranged from a low of 31.42 to a high of 171.57. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Bolsa de Valores de Colombia's value of 92.70% is 1321.8% above this industry median. Based on the distribution chart, Bolsa de Valores de Colombia ranks #38 out of 783 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Bolsa de Valores de Colombia has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bolsa de Valores de Colombia's Return-on-Tangible-Equity compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bolsa de Valores de Colombia ranks #38 out of 783 companies for Return-on-Tangible-Equity. This places Bolsa de Valores de Colombia in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.52. Bolsa de Valores de Colombia's value of 92.70% is 1321.8% above this benchmark. Historically, Bolsa de Valores de Colombia's own Return-on-Tangible-Equity has ranged from 31.42 to 171.57 over the past decade. While the company's 10-year median is 69.40 vs. the industry median of 6.52, Bolsa de Valores de Colombia 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 783 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. Bolsa de Valores de Colombia's current Return-on-Tangible-Equity of 92.70% is 1321.8% 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 Bolsa de Valores de Colombia and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bolsa de Valores de Colombia's current Return-on-Tangible-Equity is 92.70%, which is 34% above median its own 10-year median of 69.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolsa de Valores de Colombia stock overvalued right now?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia (BOG:BVC) is currently considered Modestly Overvalued. The stock's GF Value™ is COP14,076.90, compared to a current price of COP16,320.00 — trading 15.9% above its estimated fair value. The current Return-on-Tangible-Equity is 92.70%, which is 34% above median its 10-year median of 69.40 and 1321.8% above the Capital Markets industry median of 6.52. Bolsa de Valores de Colombia's overall GF Score™ is 76/100 with 8 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 Bolsa de Valores de Colombia (BOG:BVC), the current Return-on-Tangible-Equity is 92.70% 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 Bolsa de Valores de Colombia (BOG:BVC) Overvalued in 2026?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia stock appears to be overvalued.
The current stock price of COP16,320.00 is trading 15.9% above its estimated GF Value™ of COP14,076.90.
GuruFocus considers Bolsa de Valores de Colombia to be Modestly Overvalued.
Key valuation signals for BOG:BVC:
Return-on-Tangible-Equity: 92.70% (34% above median its 10-year median of 69.40)
GF Value™: COP14,076.90 vs. price of COP16,320.00 (15.9% above fair value)
Industry Position: 1321.8% above the Capital Markets median (#38 of 783)
No single metric tells the full story. See the BOG:BVC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bolsa de Valores de Colombia SA is a operator of the Colombian capital markets infrastructure. The company offers solutions and services for Issuers (issuer services and issuances), Trading (access, transactions, and registration), Post-trading (risk management, clearing, settlement, custody, and securities administration), and Information (market information and price provision) in the transactional and OTC markets for equities, fixed income, derivatives, and foreign exchange.
76GF Score
Get the complete analysis for BOG:BVC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOG:BVC has been successfully added to your 
