Medibank PvtFRA:MPV +0.68%77 Return-on-Tangible-Equity is 34.67% as of Dec. 2025, which is 16% above its 10-year median of 29.93. GuruFocus rates FRA:MPV with a GF Score™ of 77/100 and a GF Value™ of €2.61. The stock has 6 warning signs investors should review. Among 500 Insurance companies, Medibank Pvt ranks better than 78.8% 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. Medibank Pvt's annualized net income for the quarter that ended in Dec. 2025 was €344 Mil. Medibank Pvt's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €991 Mil. Therefore, Medibank Pvt's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 34.67%.
The historical rank and industry rank for Medibank Pvt's Return-on-Tangible-Equity or its related term are showing as below:
FRA:MPV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.3 Med: 29.93 Max: 34.15
Current: 25.69
During the past 11 years, Medibank Pvt's highest Return-on-Tangible-Equity was 34.15%. The lowest was 21.30%. And the median was 29.93%.
FRA:MPV's Return-on-Tangible-Equity is ranked better than 78.8% of 500
companies
in the Insurance industry
Industry Median: 13.515
vs FRA:MPV: 25.69
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.
Medibank Pvt Return-on-Tangible-Equity Related Terms
Medibank Pvt Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Medibank Pvt'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:MPV vs FNF, AXS, FAF: Return-on-Tangible-Equity Comparison
For the Insurance - Specialty subindustry, Medibank Pvt'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.
Medibank Pvt Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Medibank Pvt's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Medibank Pvt'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 34.67% mean?
Medibank Pvt (FRA:MPV) has a Return-on-Tangible-Equity of 34.67% 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 Medibank Pvt and its competitors. This is 16% above median its historical median of 29.93. Over the past decade, Medibank Pvt's Return-on-Tangible-Equity has ranged from 21.30 to 34.15. According to the industry distribution chart, Medibank Pvt ranks #106 out of 500 companies in the Insurance industry, placing it in the top 21.2%.
Is Medibank Pvt's Return-on-Tangible-Equity too high?
Medibank Pvt's current Return-on-Tangible-Equity of 34.67% is 16% above median its 10-year median of 29.93. Over the past 10 years, this metric has ranged from a low of 21.30 to a high of 34.15. The Insurance industry median Return-on-Tangible-Equity is 13.52. Medibank Pvt's value of 34.67% is 156.5% above this industry median. Based on the distribution chart, Medibank Pvt ranks #106 out of 500 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Medibank Pvt has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Medibank Pvt's Return-on-Tangible-Equity compare to FNF and AXS?
According to the Insurance industry distribution chart, Medibank Pvt ranks #106 out of 500 companies for Return-on-Tangible-Equity. This places Medibank Pvt in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.52. Medibank Pvt's value of 34.67% is 156.5% above this benchmark. Historically, Medibank Pvt's own Return-on-Tangible-Equity has ranged from 21.30 to 34.15 over the past decade. While the company's 10-year median is 29.93 vs. the industry median of 13.52, Medibank Pvt 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 Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 500 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. Medibank Pvt's current Return-on-Tangible-Equity of 34.67% is 156.5% 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 Medibank Pvt and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medibank Pvt's current Return-on-Tangible-Equity is 34.67%, which is 16% above median its own 10-year median of 29.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medibank Pvt stock overvalued right now?
Medibank Pvt (FRA:MPV) has a current Return-on-Tangible-Equity of 34.67%. The stock's GF Value™ is €2.61, compared to a current price of €2.98 — trading 14.2% above its estimated fair value. The current Return-on-Tangible-Equity is 34.67%, which is 16% above median its 10-year median of 29.93 and 156.5% above the Insurance industry median of 13.52. Medibank Pvt's overall GF Score™ is 77/100 with 6 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 Medibank Pvt (FRA:MPV), the current Return-on-Tangible-Equity is 34.67% 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 Medibank Pvt (FRA:MPV) Overvalued in 2026?
Based on GuruFocus' analysis, Medibank Pvt stock appears to be overvalued.
The current stock price of €2.98 is trading 14.2% above its estimated GF Value™ of €2.61.
Key valuation signals for FRA:MPV:
Return-on-Tangible-Equity: 34.67% (16% above median its 10-year median of 29.93)
GF Value™: €2.61 vs. price of €2.98 (14.2% above fair value)
Industry Position: 156.5% above the Insurance median (#106 of 500)
No single metric tells the full story. See the FRA:MPV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and Ahm, cover around 5 million people. Medibank and Australia's fourth-largest health fund, NIB Holdings, are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.
77GF Score
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