AmundiFRA:ANI +3.46%82 Return-on-Tangible-Equity is -45.48% as of Dec. 2025. GuruFocus rates FRA:ANI with a GF Score™ of 82/100 and a GF Value™ of €53.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,588 Asset Management companies, Amundi ranks better than 87.47% 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. Amundi's annualized net income for the quarter that ended in Dec. 2025 was €-2,606 Mil. Amundi's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €5,729 Mil. Therefore, Amundi's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -45.48%.
The historical rank and industry rank for Amundi's Return-on-Tangible-Equity or its related term are showing as below:
FRA:ANI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 17.03 Med: 29.55 Max: 41.39
Current: 31.41
During the past 13 years, Amundi's highest Return-on-Tangible-Equity was 41.39%. The lowest was 17.03%. And the median was 29.55%.
FRA:ANI's Return-on-Tangible-Equity is ranked better than 87.47% of 1588
companies
in the Asset Management industry
Industry Median: 7.205
vs FRA:ANI: 31.41
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.
Amundi Return-on-Tangible-Equity Related Terms
Amundi Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Amundi'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.
FRA:ANI vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Amundi'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.
Amundi Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Amundi's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Amundi'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 -45.48% mean?
Amundi (FRA:ANI) has a Return-on-Tangible-Equity of -45.48% 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 Amundi and its competitors. Over the past decade, Amundi's Return-on-Tangible-Equity has ranged from 17.03 to 41.39. According to the industry distribution chart, Amundi ranks #199 out of 1588 companies in the Asset Management industry, placing it in the top 12.5%.
Is Amundi's Return-on-Tangible-Equity too high?
Amundi's current Return-on-Tangible-Equity is -45.48%. Over the past 10 years, this metric has ranged from a low of 17.03 to a high of 41.39. Based on the distribution chart, Amundi ranks #199 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Amundi has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amundi's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Amundi ranks #199 out of 1588 companies for Return-on-Tangible-Equity. This places Amundi in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Historically, Amundi's own Return-on-Tangible-Equity has ranged from 17.03 to 41.39 over the past decade. 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 7.21, 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. 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 Amundi and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amundi's current Return-on-Tangible-Equity is -45.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amundi stock overvalued right now?
Based on GuruFocus' analysis, Amundi (FRA:ANI) is currently considered Significantly Overvalued. The stock's GF Value™ is €53.21, compared to a current price of €86.65 — trading 62.8% above its estimated fair value. The current Return-on-Tangible-Equity is -45.48%. Amundi's overall GF Score™ is 82/100 with 9 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 Amundi (FRA:ANI), the current Return-on-Tangible-Equity is -45.48% 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 Amundi (FRA:ANI) Overvalued in 2026?
Based on GuruFocus' analysis, Amundi stock appears to be overvalued.
The current stock price of €86.65 is trading 62.8% above its estimated GF Value™ of €53.21.
GuruFocus considers Amundi to be Significantly Overvalued.
Key valuation signals for FRA:ANI:
Return-on-Tangible-Equity: -45.48%
GF Value™: €53.21 vs. price of €86.65 (62.8% above fair value)
No single metric tells the full story. See the FRA:ANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Amundi resulted from the merger of the asset manager businesses of French banks Credit Agricole and Societe Generale in 2010. In 2017, it expanded into Italy, Germany, and Austria by acquiring Pioneer Investments, which had previously been UniCredit's asset manager. France accounts for just under half of assets under management, while Italy and the rest of Europe contribute about 30% combined. Assets from Asia are growing rapidly and contribute just shy of 20%. Amundi is the largest European asset manager and a top 10 asset manager globally. Credit Agricole remains a controlling shareholder with a 70% stake.
82GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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