Nippon Life India Asset Management (NSE:NAM-INDIA) Return-on-Tangible-Equity: 45.61% (As of Jun. 2026) — 88% Above Median

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NSE:NAM-INDIA Nippon Life India Asset Management Ltd NSE:NAM-INDIA
91 GF Score
Price ₹1,168.10
GF Value ₹1,031.47
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Nippon Life India Asset Management Return-on-Tangible-Equity?

Nippon Life India Asset Management NSE:NAM-INDIA +1.55% 91 Return-on-Tangible-Equity is 45.61% as of Jun. 2026, which is 88% above its 10-year median of 24.20. GuruFocus rates NSE:NAM-INDIA with a GF Score™ of 91/100 and a GF Value™ of ₹1,031.47 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,592 Asset Management companies, Nippon Life India Asset Management ranks better than 90.52% 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. Nippon Life India Asset Management's annualized net income for the quarter that ended in Jun. 2026 was ₹20,148 Mil. Nippon Life India Asset Management's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹44,171 Mil. Therefore, Nippon Life India Asset Management's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 45.61%.

The historical rank and industry rank for Nippon Life India Asset Management's Return-on-Tangible-Equity or its related term are showing as below:

NSE:NAM-INDIA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.03   Med: 24.2   Max: 39.2
Current: 39.2

During the past 13 years, Nippon Life India Asset Management's highest Return-on-Tangible-Equity was 39.20%. The lowest was 18.03%. And the median was 24.20%.

NSE:NAM-INDIA's Return-on-Tangible-Equity is ranked better than
90.52% of 1592 companies
in the Asset Management industry
Industry Median: 7.215 vs NSE:NAM-INDIA: 39.20

Nippon Life India Asset Management  (NSE:NAM-INDIA) 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.


Nippon Life India Asset Management Return-on-Tangible-Equity Related Terms


Nippon Life India Asset Management Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Nippon Life India Asset Management'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.

Nippon Life India Asset Management Return-on-Tangible-Equity Chart

Nippon Life India Asset Management Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.79 22.55 31.80 33.36 36.47

Nippon Life India Asset Management Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.90 33.29 39.01 34.84 45.61

NSE:NAM-INDIA vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Nippon Life India Asset Management'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.


Nippon Life India Asset Management Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nippon Life India Asset Management's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Nippon Life India Asset Management's Return-on-Tangible-Equity falls into.


NSE:NAM-INDIA
91GF Score
Nippon Life India Asset Management Ltd NSE:NAM-INDIA
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Life India Asset Management Return-on-Tangible-Equity Calculation

Nippon Life India Asset Management's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=15293.8/( (39706.9+44170.8 )/ 2 )
=15293.8/41938.85
=36.47 %

Nippon Life India Asset Management's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=20148/( (44170.8+0)/ 1 )
=20148/44170.8
=45.61 %

* 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 (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 45.61% mean?
Nippon Life India Asset Management (NSE:NAM-INDIA) has a Return-on-Tangible-Equity of 45.61% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Nippon Life India Asset Management and its competitors. This is 88% above median its historical median of 24.20. Over the past decade, Nippon Life India Asset Management's Return-on-Tangible-Equity has ranged from 18.03 to 39.20. According to the industry distribution chart, Nippon Life India Asset Management ranks #151 out of 1592 companies in the Asset Management industry, placing it in the top 9.5%.
Is Nippon Life India Asset Management's Return-on-Tangible-Equity too high?
Nippon Life India Asset Management's current Return-on-Tangible-Equity of 45.61% is 88% above median its 10-year median of 24.20. Over the past 10 years, this metric has ranged from a low of 18.03 to a high of 39.20. The Asset Management industry median Return-on-Tangible-Equity is 7.22. Nippon Life India Asset Management's value of 45.61% is 532.2% above this industry median. Based on the distribution chart, Nippon Life India Asset Management ranks #151 out of 1592 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Nippon Life India Asset Management has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Life India Asset Management's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Nippon Life India Asset Management ranks #151 out of 1592 companies for Return-on-Tangible-Equity. This places Nippon Life India Asset Management in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.22. Nippon Life India Asset Management's value of 45.61% is 532.2% above this benchmark. Historically, Nippon Life India Asset Management's own Return-on-Tangible-Equity has ranged from 18.03 to 39.20 over the past decade. While the company's 10-year median is 24.20 vs. the industry median of 7.22, Nippon Life India Asset Management 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.22, based on 1,592 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. Nippon Life India Asset Management's current Return-on-Tangible-Equity of 45.61% is 532.2% 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 Nippon Life India Asset Management and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Life India Asset Management's current Return-on-Tangible-Equity is 45.61%, which is 88% above median its own 10-year median of 24.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Life India Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Nippon Life India Asset Management (NSE:NAM-INDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,031.47, compared to a current price of ₹1,168.10 — trading 13.2% above its estimated fair value. The current Return-on-Tangible-Equity is 45.61%, which is 88% above median its 10-year median of 24.20 and 532.2% above the Asset Management industry median of 7.22. Nippon Life India Asset Management's overall GF Score™ is 91/100 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 Nippon Life India Asset Management (NSE:NAM-INDIA), the current Return-on-Tangible-Equity is 45.61% as of Jun. 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 Nippon Life India Asset Management (NSE:NAM-INDIA) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Life India Asset Management stock appears to be overvalued. The current stock price of ₹1,168.10 is trading 13.2% above its estimated GF Value™ of ₹1,031.47. GuruFocus considers Nippon Life India Asset Management to be Modestly Overvalued.

Key valuation signals for NSE:NAM-INDIA:

  • Return-on-Tangible-Equity: 45.61% (88% above median its 10-year median of 24.20)
  • GF Value™: ₹1,031.47 vs. price of ₹1,168.10 (13.2% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 532.2% above the Asset Management median (#151 of 1592)

No single metric tells the full story. See the NSE:NAM-INDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Life India Asset Management Business Description

Other Exchanges 540767:India
Address Senapati Bapat Marg, 30th Floor, One Lodha Place, Lower Parel, Mumbai, MH, IND, 400013
Nippon Life India Asset Management Ltd principal activity is to act as an investment manager to Nippon India Mutual Fund. The Company is in the business of providing asset management services to the schemes of Nippon India Mutual Fund, funds launched in GIFT city, portfolio management service, and advisory service to the clients/schemes. The primary segment is identified as asset management services. The company's products are Equity Funds, Debt Funds, Index Funds, Hybrid Funds, Gold Funds, Liquid Funds, Retirement Funds, ETF, NFO/FFO, etc.
91GF Score

Get the complete analysis for NSE:NAM-INDIA

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,168.10
Price
₹1,031.47
GF Value