Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bank of VallettaMAL:BOV 42 Return-on-Tangible-Equity is 11.49% as of Dec. 2025, which is 23% above its 10-year median of 9.34. GuruFocus rates MAL:BOV with a GF Score™ of 42/100 and a GF Value™ of €1.81 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,526 Banks companies, Bank of Valletta ranks better than 55.9% 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. Bank of Valletta's annualized net income for the quarter that ended in Dec. 2025 was €164.5 Mil. Bank of Valletta's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €1,430.9 Mil. Therefore, Bank of Valletta's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.49%.
The historical rank and industry rank for Bank of Valletta's Return-on-Tangible-Equity or its related term are showing as below:
MAL:BOV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.37 Med: 9.34 Max: 15.5
Current: 12.19
During the past 13 years, Bank of Valletta's highest Return-on-Tangible-Equity was 15.50%. The lowest was 1.37%. And the median was 9.34%.
MAL:BOV's Return-on-Tangible-Equity is ranked better than 55.9% of 1526
companies
in the Banks industry
Industry Median: 11.195
vs MAL:BOV: 12.19
Bank of Valletta (MAL:BOV) Return-on-Tangible-Equity Explanation
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.
Bank of Valletta Return-on-Tangible-Equity Related Terms
Bank of Valletta Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bank of Valletta'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.
MAL:BOV vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Bank of Valletta'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.
Bank of Valletta Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Valletta's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bank of Valletta'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 11.49% mean?
Bank of Valletta (MAL:BOV) has a Return-on-Tangible-Equity of 11.49% 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 Bank of Valletta and its competitors. This is 23% above median its historical median of 9.34. Over the past decade, Bank of Valletta's Return-on-Tangible-Equity has ranged from 1.37 to 15.50. According to the industry distribution chart, Bank of Valletta ranks #673 out of 1526 companies in the Banks industry, placing it in the top 44.1%.
Is Bank of Valletta's Return-on-Tangible-Equity too high?
Bank of Valletta's current Return-on-Tangible-Equity of 11.49% is 23% above median its 10-year median of 9.34. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 15.50. The Banks industry median Return-on-Tangible-Equity is 11.20. Bank of Valletta's value of 11.49% is 2.6% above this industry median. Based on the distribution chart, Bank of Valletta ranks #673 out of 1526 companies in the Banks industry, which is above the industry midpoint. Overall, Bank of Valletta has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Valletta's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Bank of Valletta ranks #673 out of 1526 companies for Return-on-Tangible-Equity. This puts Bank of Valletta in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.20. Bank of Valletta's value of 11.49% is 2.6% above this benchmark. Historically, Bank of Valletta's own Return-on-Tangible-Equity has ranged from 1.37 to 15.50 over the past decade. While the company's 10-year median is 9.34 vs. the industry median of 11.20, Bank of Valletta 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 a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,526 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. Bank of Valletta's current Return-on-Tangible-Equity of 11.49% is 2.6% 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 Bank of Valletta and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Valletta's current Return-on-Tangible-Equity is 11.49%, which is 23% above median its own 10-year median of 9.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Valletta stock overvalued right now?
Based on GuruFocus' analysis, Bank of Valletta (MAL:BOV) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.81, compared to a current price of €2.13 — trading 17.7% above its estimated fair value. The current Return-on-Tangible-Equity is 11.49%, which is 23% above median its 10-year median of 9.34 and 2.6% above the Banks industry median of 11.20. Bank of Valletta's overall GF Score™ is 42/100 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 Bank of Valletta (MAL:BOV), the current Return-on-Tangible-Equity is 11.49% 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 Bank of Valletta (MAL:BOV) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Valletta stock appears to be overvalued.
The current stock price of €2.13 is trading 17.7% above its estimated GF Value™ of €1.81.
GuruFocus considers Bank of Valletta to be Modestly Overvalued.
Key valuation signals for MAL:BOV:
Return-on-Tangible-Equity: 11.49% (23% above median its 10-year median of 9.34)
GF Value™: €1.81 vs. price of €2.13 (17.7% above fair value)
Industry Position: 2.6% above the Banks median (#673 of 1526)
No single metric tells the full story. See the MAL:BOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Valletta PLC, along with its subsidiaries, carries out the business of banking and investment services. It offers the entire range of retail banking services as well as the sale of financial products such as units in collective investment schemes. Additionally, the Group offers investment banking services, including underwriting and management of Initial Public Offerings (IPOs). Its reportable segments are: Retail Banking, Wealth Management, Business Banking, Treasury, and Others. Maximum revenue is generated from the Business Banking segment, which includes financing and deposit products for all business client segments attributable to business and corporate centers. The Group caters to both individuals and business clients in Malta.
42GF Score
Get the complete analysis for MAL:BOV
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MAL:BOV has been successfully added to your 
