Fusion FinanceNSE:FUSION +2.06%61 Return-on-Tangible-Equity is 18.75% as of Mar. 2026, which is 422% above its 10-year median of 3.59. GuruFocus rates NSE:FUSION with a GF Score™ of 61/100 and a GF Value™ of ₹136.24 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 524 Credit Services companies, Fusion Finance ranks worse than 75.57% 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. Fusion Finance's annualized net income for the quarter that ended in Mar. 2026 was ₹4,568 Mil. Fusion Finance's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹24,355 Mil. Therefore, Fusion Finance's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.75%.
The historical rank and industry rank for Fusion Finance's Return-on-Tangible-Equity or its related term are showing as below:
NSE:FUSION'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -54.62 Med: 3.59 Max: 21.16
Current: 0.7
During the past 7 years, Fusion Finance's highest Return-on-Tangible-Equity was 21.16%. The lowest was -54.62%. And the median was 3.59%.
NSE:FUSION's Return-on-Tangible-Equity is ranked worse than 75.57% of 524
companies
in the Credit Services industry
Industry Median: 7.055
vs NSE:FUSION: 0.70
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.
Fusion Finance Return-on-Tangible-Equity Related Terms
Fusion Finance Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fusion Finance'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.
NSE:FUSION vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Fusion Finance'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.
Fusion Finance Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Fusion Finance's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fusion Finance'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 18.75% mean?
Fusion Finance (NSE:FUSION) has a Return-on-Tangible-Equity of 18.75% 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 Fusion Finance and its competitors. This is 422% above median its historical median of 3.59. According to the industry distribution chart, Fusion Finance ranks #396 out of 524 companies in the Credit Services industry, placing it in the top 75.6%.
Is Fusion Finance's Return-on-Tangible-Equity too high?
Fusion Finance's current Return-on-Tangible-Equity of 18.75% is 422% above median its 10-year median of 3.59. The Credit Services industry median Return-on-Tangible-Equity is 7.06. Fusion Finance's value of 18.75% is 165.8% above this industry median. Based on the distribution chart, Fusion Finance ranks #396 out of 524 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Fusion Finance has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fusion Finance's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Fusion Finance ranks #396 out of 524 companies for Return-on-Tangible-Equity. This places Fusion Finance in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.06. Fusion Finance's value of 18.75% is 165.8% above this benchmark. While the company's 10-year median is 3.59 vs. the industry median of 7.06, Fusion Finance 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.06, based on 524 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. Fusion Finance's current Return-on-Tangible-Equity of 18.75% is 165.8% 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 Fusion Finance and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fusion Finance's current Return-on-Tangible-Equity is 18.75%, which is 422% above median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fusion Finance stock overvalued right now?
Based on GuruFocus' analysis, Fusion Finance (NSE:FUSION) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹136.24, compared to a current price of ₹234.04 — trading 71.8% above its estimated fair value. The current Return-on-Tangible-Equity is 18.75%, which is 422% above median its 10-year median of 3.59 and 165.8% above the Credit Services industry median of 7.06. Fusion Finance's overall GF Score™ is 61/100 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 Fusion Finance (NSE:FUSION), the current Return-on-Tangible-Equity is 18.75% 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 Fusion Finance (NSE:FUSION) Overvalued in 2026?
Based on GuruFocus' analysis, Fusion Finance stock appears to be overvalued.
The current stock price of ₹234.04 is trading 71.8% above its estimated GF Value™ of ₹136.24.
GuruFocus considers Fusion Finance to be Significantly Overvalued.
Key valuation signals for NSE:FUSION:
Return-on-Tangible-Equity: 18.75% (422% above median its 10-year median of 3.59)
GF Value™: ₹136.24 vs. price of ₹234.04 (71.8% above fair value)
Industry Position: 165.8% above the Credit Services median (#396 of 524)
No single metric tells the full story. See the NSE:FUSION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fusion Finance Ltd is engaged in microfinance lending activities, providing financial services to poor women in India who are organized as Joint Liability Groups (JLGs). Apart from microfinance lending, the company also has lending to MSME enterprises. It uses its distribution channel to provide other financial products and services to the members related to providing of loans to the members for the purchase of certain productivity-enhancing products such as mobile handsets, and bicycles.
61GF Score
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