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SBI Funds ManagementBOM:544829 +2.41%22 Return-on-Tangible-Equity is 38.36% as of Mar. 2026, which is 10% above its 10-year median of 34.94. GuruFocus rates BOM:544829 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,587 Asset Management companies, SBI Funds Management ranks better than 55.26% 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. SBI Funds Management's annualized net income for the quarter that ended in Mar. 2026 was ₹25,379 Mil. SBI Funds Management's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹66,160 Mil. Therefore, SBI Funds Management's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.36%.
The historical rank and industry rank for SBI Funds Management's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544829'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.84 Med: 34.94 Max: 43.03
Current: 8.84
During the past 4 years, SBI Funds Management's highest Return-on-Tangible-Equity was 43.03%. The lowest was 8.84%. And the median was 34.94%.
BOM:544829's Return-on-Tangible-Equity is ranked better than 55.26% of 1587
companies
in the Asset Management industry
Industry Median: 7.4
vs BOM:544829: 8.84
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.
SBI Funds Management Return-on-Tangible-Equity Related Terms
SBI Funds Management Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SBI Funds Management'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:544829 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, SBI Funds Management'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.
SBI Funds Management Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SBI Funds Management's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SBI Funds Management'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 38.36% mean?
SBI Funds Management (BOM:544829) has a Return-on-Tangible-Equity of 38.36% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SBI Funds Management and its competitors. This is 10% above median its historical median of 34.94. Over the past decade, SBI Funds Management's Return-on-Tangible-Equity has ranged from 8.84 to 43.03. According to the industry distribution chart, SBI Funds Management ranks #710 out of 1587 companies in the Asset Management industry, placing it in the top 44.7%.
Is SBI Funds Management's Return-on-Tangible-Equity too high?
SBI Funds Management's current Return-on-Tangible-Equity of 38.36% is 10% above median its 10-year median of 34.94. Over the past 10 years, this metric has ranged from a low of 8.84 to a high of 43.03. The Asset Management industry median Return-on-Tangible-Equity is 7.40. SBI Funds Management's value of 38.36% is 418.4% above this industry median. Based on the distribution chart, SBI Funds Management ranks #710 out of 1587 companies in the Asset Management industry, which is above the industry midpoint. Overall, SBI Funds Management has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does SBI Funds Management's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, SBI Funds Management ranks #710 out of 1587 companies for Return-on-Tangible-Equity. This puts SBI Funds Management in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.40. SBI Funds Management's value of 38.36% is 418.4% above this benchmark. Historically, SBI Funds Management's own Return-on-Tangible-Equity has ranged from 8.84 to 43.03 over the past decade. While the company's 10-year median is 34.94 vs. the industry median of 7.40, SBI Funds Management 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 7.40, 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. SBI Funds Management's current Return-on-Tangible-Equity of 38.36% is 418.4% 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 SBI Funds Management and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Funds Management's current Return-on-Tangible-Equity is 38.36%, which is 10% above median its own 10-year median of 34.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Funds Management stock overvalued right now?
SBI Funds Management (BOM:544829) has a current Return-on-Tangible-Equity of 38.36%. The current Return-on-Tangible-Equity is 38.36%, which is 10% above median its 10-year median of 34.94 and 418.4% above the Asset Management industry median of 7.40. SBI Funds Management's overall GF Score™ is 22/100 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 SBI Funds Management (BOM:544829), the current Return-on-Tangible-Equity is 38.36% as of Mar. 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.
SBI Funds Management Ltd is a company that manages the Investment Portfolios of the scheme(s) launched by the Fund and provides various administrative services to the Fund. The Company also offers alternate asset investment products through Alternative Investment Funds. It is acting as Investment Manager of SBI Alternative Equity Fund & SBI Alternative Debt Fund.
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