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Angel OneBOM:543235 -0.64%94 Return-on-Tangible-Equity is 15.29% as of Jun. 2026, which is 42% below its 10-year median of 26.37. GuruFocus rates BOM:543235 with a GF Score™ of 94/100 and a GF Value™ of ₹319.76 (Fairly Valued). The stock has 5 warning signs investors should review. Among 782 Capital Markets companies, Angel One ranks better than 72.63% 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. Angel One's annualized net income for the quarter that ended in Jun. 2026 was ₹9,256 Mil. Angel One's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹60,543 Mil. Therefore, Angel One's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 15.29%.
The historical rank and industry rank for Angel One's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543235'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.35 Med: 26.37 Max: 48.18
Current: 17.81
During the past 11 years, Angel One's highest Return-on-Tangible-Equity was 48.18%. The lowest was 8.35%. And the median was 26.37%.
BOM:543235's Return-on-Tangible-Equity is ranked better than 72.63% of 782
companies
in the Capital Markets industry
Industry Median: 6.52
vs BOM:543235: 17.81
Angel One (BOM:543235) 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.
Angel One Return-on-Tangible-Equity Related Terms
Angel One Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Angel One'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.
BOM:543235 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Angel One'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.
Angel One Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Angel One's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Angel One'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.29% mean?
Angel One (BOM:543235) has a Return-on-Tangible-Equity of 15.29% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Angel One and its competitors. This is 42% below median its historical median of 26.37. Over the past decade, Angel One's Return-on-Tangible-Equity has ranged from 8.35 to 48.18. According to the industry distribution chart, Angel One ranks #214 out of 782 companies in the Capital Markets industry, placing it in the top 27.4%.
Is Angel One's Return-on-Tangible-Equity too high?
Angel One's current Return-on-Tangible-Equity of 15.29% is 42% below median its 10-year median of 26.37. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 48.18. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Angel One's value of 15.29% is 134.5% above this industry median. Based on the distribution chart, Angel One ranks #214 out of 782 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Angel One has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Angel One's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Angel One ranks #214 out of 782 companies for Return-on-Tangible-Equity. This puts Angel One in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.52. Angel One's value of 15.29% is 134.5% above this benchmark. Historically, Angel One's own Return-on-Tangible-Equity has ranged from 8.35 to 48.18 over the past decade. While the company's 10-year median is 26.37 vs. the industry median of 6.52, Angel One 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 782 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. Angel One's current Return-on-Tangible-Equity of 15.29% is 134.5% 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 Angel One 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. Angel One's current Return-on-Tangible-Equity is 15.29%, which is 42% below median its own 10-year median of 26.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel One stock overvalued right now?
Based on GuruFocus' analysis, Angel One (BOM:543235) is currently considered Fairly Valued. The stock's GF Value™ is ₹319.76, compared to a current price of ₹297.20 — trading 7.1% below its estimated fair value. The current Return-on-Tangible-Equity is 15.29%, which is 42% below median its 10-year median of 26.37 and 134.5% above the Capital Markets industry median of 6.52. Angel One's overall GF Score™ is 94/100 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 Angel One (BOM:543235), the current Return-on-Tangible-Equity is 15.29% as of Jun. 2026. 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 Angel One (BOM:543235) Overvalued in 2026?
Based on GuruFocus' analysis, Angel One stock appears to be undervalued.
The current stock price of ₹297.20 is trading 7.1% below its estimated GF Value™ of ₹319.76.
GuruFocus considers Angel One to be Fairly Valued.
Key valuation signals for BOM:543235:
Return-on-Tangible-Equity: 15.29% (42% below median its 10-year median of 26.37)
GF Value™: ₹319.76 vs. price of ₹297.20 (7.1% below fair value)
Industry Position: 134.5% above the Capital Markets median (#214 of 782)
No single metric tells the full story. See the BOM:543235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Angel One Ltd is a technology enabled financial services platform offering a range of investment and financial solutions across capital markets. Through its flagship Angel One platform, accessible across mobile, web and tablet interfaces, the company provides customers with access to capital markets, investment products and wealth creation tools through a single digital interface. The platform leverages technology driven processes, including data analytics and automation, to support scalable service delivery and customer engagement. Its products and services include Trading & Broking, Depository Operations, Research & Advisory, Margin Trading Funding, Third-Party Financial Product Distribution, IPO & Primary Market Access, and Investor Education & Knowledge Platforms.
94GF Score
Get the complete analysis for BOM:543235
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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