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VunaniJSE:VUN 85 Return-on-Tangible-Equity is -17.89% as of Feb. 2026. GuruFocus rates JSE:VUN with a GF Score™ of 85/100 and a GF Value™ of R2.71 (Fairly Valued). The stock has 8 warning signs investors should review. Among 782 Capital Markets companies, Vunani ranks better than 73.02% 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. Vunani's annualized net income for the quarter that ended in Feb. 2026 was R-10.4 Mil. Vunani's average shareholder tangible equity for the quarter that ended in Feb. 2026 was R58.1 Mil. Therefore, Vunani's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was -17.89%.
The historical rank and industry rank for Vunani's Return-on-Tangible-Equity or its related term are showing as below:
JSE:VUN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.44 Med: 26.39 Max: 265.78
Current: 17.96
During the past 13 years, Vunani's highest Return-on-Tangible-Equity was 265.78%. The lowest was -22.44%. And the median was 26.39%.
JSE:VUN's Return-on-Tangible-Equity is ranked better than 73.02% of 782
companies
in the Capital Markets industry
Industry Median: 6.52
vs JSE:VUN: 17.96
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.
Vunani Return-on-Tangible-Equity Related Terms
Vunani Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vunani'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.
JSE:VUN vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Vunani'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.
Vunani Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Vunani's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vunani'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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -17.89% mean?
Vunani (JSE:VUN) has a Return-on-Tangible-Equity of -17.89% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vunani and its competitors. According to the industry distribution chart, Vunani ranks #211 out of 782 companies in the Capital Markets industry, placing it in the top 27%.
Is Vunani's Return-on-Tangible-Equity too high?
Vunani's current Return-on-Tangible-Equity is -17.89%. Based on the distribution chart, Vunani ranks #211 out of 782 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Vunani has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vunani's Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Vunani ranks #211 out of 782 companies for Return-on-Tangible-Equity. This puts Vunani in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.52. 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. 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 Vunani 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. Vunani's current Return-on-Tangible-Equity is -17.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vunani stock overvalued right now?
Based on GuruFocus' analysis, Vunani (JSE:VUN) is currently considered Fairly Valued. The stock's GF Value™ is R2.71, compared to a current price of R2.50 — trading 7.7% below its estimated fair value. The current Return-on-Tangible-Equity is -17.89%. Vunani's overall GF Score™ is 85/100 with 8 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 Vunani (JSE:VUN), the current Return-on-Tangible-Equity is -17.89% as of Feb. 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 Vunani (JSE:VUN) Overvalued in 2026?
Based on GuruFocus' analysis, Vunani stock appears to be undervalued.
The current stock price of R2.50 is trading 7.7% below its estimated GF Value™ of R2.71.
GuruFocus considers Vunani to be Fairly Valued.
Key valuation signals for JSE:VUN:
Return-on-Tangible-Equity: -17.89%
GF Value™: R2.71 vs. price of R2.50 (7.7% below fair value)
No single metric tells the full story. See the JSE:VUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vunani Ltd is a financial services company. The company has five reportable segments: fund management, asset administration, advisory services, institutional securities broking, and insurance. The fund management comprises institutional and retail product offerings, which include equities, bonds, inflation-linked bonds, and property. The advisory segment provides corporate advisory and investment services. The institutional securities broking provides equity, derivative, and capital market trading services for institutional clients. The insurance segment provides short-term insurance, medical aid, individual life, and employee benefits in Eswatini. The asset administration provides beneficiary fund services for minor dependents of deceased retirement fund members.
85GF Score
Get the complete analysis for JSE:VUN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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