The Goldmanchs GroupMEX:GS 51 Return-on-Tangible-Equity is 19.31% as of Mar. 2026, which is 82% above its 10-year median of 10.62. GuruFocus rates MEX:GS with a GF Score™ of 51/100 and a GF Value™ of MXN12,069.19 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 783 Capital Markets companies, The Goldmanchs Group ranks better than 71.52% 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. The Goldmanchs Group's annualized net income for the quarter that ended in Mar. 2026 was MXN406,096 Mil. The Goldmanchs Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN2,103,190 Mil. Therefore, The Goldmanchs Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.31%.
The historical rank and industry rank for The Goldmanchs Group's Return-on-Tangible-Equity or its related term are showing as below:
MEX:GS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.32 Med: 10.62 Max: 22.05
Current: 15.42
During the past 13 years, The Goldmanchs Group's highest Return-on-Tangible-Equity was 22.05%. The lowest was 5.32%. And the median was 10.62%.
MEX:GS's Return-on-Tangible-Equity is ranked better than 71.52% of 783
companies
in the Capital Markets industry
Industry Median: 6.52
vs MEX:GS: 15.42
The Goldmanchs Group (MEX:GS) 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.
The Goldmanchs Group Return-on-Tangible-Equity Related Terms
The Goldmanchs Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for The Goldmanchs Group'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.
The Goldmanchs Group Return-on-Tangible-Equity Chart
MEX:GS vs MS, SCHW, HOOD: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, The Goldmanchs Group'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.
The Goldmanchs Group Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Goldmanchs Group'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.31% mean?
The Goldmanchs Group (MEX:GS) has a Return-on-Tangible-Equity of 19.31% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on The Goldmanchs Group and its competitors. This is 82% above median its historical median of 10.62. Over the past decade, The Goldmanchs Group's Return-on-Tangible-Equity has ranged from 5.32 to 22.05. According to the industry distribution chart, The Goldmanchs Group ranks #223 out of 783 companies in the Capital Markets industry, placing it in the top 28.5%.
Is The Goldmanchs Group's Return-on-Tangible-Equity too high?
The Goldmanchs Group's current Return-on-Tangible-Equity of 19.31% is 82% above median its 10-year median of 10.62. Over the past 10 years, this metric has ranged from a low of 5.32 to a high of 22.05. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. The Goldmanchs Group's value of 19.31% is 196.2% above this industry median. Based on the distribution chart, The Goldmanchs Group ranks #223 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, The Goldmanchs Group has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Goldmanchs Group's Return-on-Tangible-Equity compare to MS and SCHW?
According to the Capital Markets industry distribution chart, The Goldmanchs Group ranks #223 out of 783 companies for Return-on-Tangible-Equity. This puts The Goldmanchs Group in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.52. The Goldmanchs Group's value of 19.31% is 196.2% above this benchmark. Historically, The Goldmanchs Group's own Return-on-Tangible-Equity has ranged from 5.32 to 22.05 over the past decade. While the company's 10-year median is 10.62 vs. the industry median of 6.52, The Goldmanchs Group 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.52, based on 783 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. The Goldmanchs Group's current Return-on-Tangible-Equity of 19.31% is 196.2% 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 The Goldmanchs Group 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. The Goldmanchs Group's current Return-on-Tangible-Equity is 19.31%, which is 82% above median its own 10-year median of 10.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Goldmanchs Group stock overvalued right now?
Based on GuruFocus' analysis, The Goldmanchs Group (MEX:GS) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN12,069.19, compared to a current price of MXN17,885.00 — trading 48.2% above its estimated fair value. The current Return-on-Tangible-Equity is 19.31%, which is 82% above median its 10-year median of 10.62 and 196.2% above the Capital Markets industry median of 6.52. The Goldmanchs Group's overall GF Score™ is 51/100 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 The Goldmanchs Group (MEX:GS), the current Return-on-Tangible-Equity is 19.31% as of Mar. 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 The Goldmanchs Group (MEX:GS) Overvalued in 2026?
Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued.
The current stock price of MXN17,885.00 is trading 48.2% above its estimated GF Value™ of MXN12,069.19.
GuruFocus considers The Goldmanchs Group to be Significantly Overvalued.
Key valuation signals for MEX:GS:
Return-on-Tangible-Equity: 19.31% (82% above median its 10-year median of 10.62)
GF Value™: MXN12,069.19 vs. price of MXN17,885.00 (48.2% above fair value)
Industry Position: 196.2% above the Capital Markets median (#223 of 783)
No single metric tells the full story. See the MEX:GS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and has been the leading provider of global merger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more stable fee-based businesses like asset and wealth management, which comprised roughly 30% of post-provision revenue at the end of 2025. The firm generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumer credit card loans.
51GF Score
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