M&GCHIX:MNGL -0.18%62 Return-on-Tangible-Equity is 8.26% as of Dec. 2025, which is 40% below its 10-year median of 13.76. GuruFocus rates CHIX:MNGL with a GF Score™ of 62/100 and a GF Value™ of £3.52 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,588 Asset Management companies, M&G ranks better than 78.53% 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. M&G's annualized net income for the quarter that ended in Dec. 2025 was £118 Mil. M&G's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £1,429 Mil. Therefore, M&G's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.26%.
The historical rank and industry rank for M&G's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:MNGl'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.79 Med: 13.76 Max: 29.3
Current: 20.48
During the past 10 years, M&G's highest Return-on-Tangible-Equity was 29.30%. The lowest was -51.79%. And the median was 13.76%.
CHIX:MNGl's Return-on-Tangible-Equity is ranked better than 78.53% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs CHIX:MNGl: 20.48
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.
M&G Return-on-Tangible-Equity Related Terms
M&G Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for M&G'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.
CHIX:MNGL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, M&G'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.
M&G Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, M&G's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where M&G'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 8.26% mean?
M&G (CHIX:MNGL) has a Return-on-Tangible-Equity of 8.26% 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 M&G and its competitors. This is 40% below median its historical median of 13.76. According to the industry distribution chart, M&G ranks #341 out of 1588 companies in the Asset Management industry, placing it in the top 21.5%.
Is M&G's Return-on-Tangible-Equity too high?
M&G's current Return-on-Tangible-Equity of 8.26% is 40% below median its 10-year median of 13.76. The Asset Management industry median Return-on-Tangible-Equity is 7.19. M&G's value of 8.26% is 14.9% above this industry median. Based on the distribution chart, M&G ranks #341 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, M&G has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does M&G's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, M&G ranks #341 out of 1588 companies for Return-on-Tangible-Equity. This places M&G in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.19. M&G's value of 8.26% is 14.9% above this benchmark. While the company's 10-year median is 13.76 vs. the industry median of 7.19, M&G 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 7.19, based on 1,588 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. M&G's current Return-on-Tangible-Equity of 8.26% is 14.9% 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 M&G and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M&G's current Return-on-Tangible-Equity is 8.26%, which is 40% below median its own 10-year median of 13.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M&G stock overvalued right now?
Based on GuruFocus' analysis, M&G (CHIX:MNGL) is currently considered Fairly Valued. The stock's GF Value™ is £3.52, compared to a current price of £3.35 — trading 4.7% below its estimated fair value. The current Return-on-Tangible-Equity is 8.26%, which is 40% below median its 10-year median of 13.76 and 14.9% above the Asset Management industry median of 7.19. M&G's overall GF Score™ is 62/100 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 M&G (CHIX:MNGL), the current Return-on-Tangible-Equity is 8.26% 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 M&G (CHIX:MNGL) Overvalued in 2026?
Based on GuruFocus' analysis, M&G stock appears to be undervalued.
The current stock price of £3.35 is trading 4.7% below its estimated GF Value™ of £3.52.
GuruFocus considers M&G to be Fairly Valued.
Key valuation signals for CHIX:MNGL:
Return-on-Tangible-Equity: 8.26% (40% below median its 10-year median of 13.76)
GF Value™: £3.52 vs. price of £3.35 (4.7% below fair value)
Industry Position: 14.9% above the Asset Management median (#341 of 1588)
No single metric tells the full story. See the CHIX:MNGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segment are Asset Management segment offers investment management to both wholesale and institutional clients. The Life segment operates in the savings and pensions market and includes corporate risk and individual and international solutions. and The Corporate Centre segment includes central corporate costs and debt costs. Geographically segmentation includes United Kingdom and rest of the world.
62GF Score
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