STEL HoldingsNSE:STEL -0.18%85 Return-on-Tangible-Equity is 0.13% as of Mar. 2026, which is 89% below its 10-year median of 1.23. GuruFocus rates NSE:STEL with a GF Score™ of 85/100 and a GF Value™ of ₹535.22 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,591 Asset Management companies, STEL Holdings ranks worse than 73.48% 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. STEL Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₹20.7 Mil. STEL Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹16,094.9 Mil. Therefore, STEL Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.13%.
The historical rank and industry rank for STEL Holdings's Return-on-Tangible-Equity or its related term are showing as below:
NSE:STEL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.27 Med: 1.23 Max: 2.72
Current: 0.69
During the past 13 years, STEL Holdings's highest Return-on-Tangible-Equity was 2.72%. The lowest was 0.27%. And the median was 1.23%.
NSE:STEL's Return-on-Tangible-Equity is ranked worse than 73.48% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs NSE:STEL: 0.69
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.
STEL Holdings Return-on-Tangible-Equity Related Terms
STEL Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for STEL Holdings'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:STEL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, STEL Holdings'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.
STEL Holdings Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, STEL Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where STEL Holdings'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 0.13% mean?
STEL Holdings (NSE:STEL) has a Return-on-Tangible-Equity of 0.13% 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 STEL Holdings and its competitors. This is 89% below median its historical median of 1.23. Over the past decade, STEL Holdings' Return-on-Tangible-Equity has ranged from 0.27 to 2.72. According to the industry distribution chart, STEL Holdings ranks #1169 out of 1591 companies in the Asset Management industry, placing it in the top 73.5%.
Is STEL Holdings' Return-on-Tangible-Equity too high?
STEL Holdings' current Return-on-Tangible-Equity of 0.13% is 89% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 2.72. The Asset Management industry median Return-on-Tangible-Equity is 7.21. STEL Holdings' value of 0.13% is 98.2% below this industry median. Based on the distribution chart, STEL Holdings ranks #1169 out of 1591 companies in the Asset Management industry, which is below the industry midpoint. Overall, STEL Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does STEL Holdings' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, STEL Holdings ranks #1169 out of 1591 companies for Return-on-Tangible-Equity. This places STEL Holdings in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. STEL Holdings' value of 0.13% is 98.2% below this benchmark. Historically, STEL Holdings' own Return-on-Tangible-Equity has ranged from 0.27 to 2.72 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 7.21, STEL Holdings has consistently been below 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 7.21, based on 1,591 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. STEL Holdings's current Return-on-Tangible-Equity of 0.13% is 98.2% below 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 STEL Holdings and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. STEL Holdings's current Return-on-Tangible-Equity is 0.13%, which is 89% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is STEL Holdings stock overvalued right now?
Based on GuruFocus' analysis, STEL Holdings (NSE:STEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹535.22, compared to a current price of ₹562.90 — trading 5.2% above its estimated fair value. The current Return-on-Tangible-Equity is 0.13%, which is 89% below median its 10-year median of 1.23 and 98.2% below the Asset Management industry median of 7.21. STEL Holdings' overall GF Score™ is 85/100 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 STEL Holdings (NSE:STEL), the current Return-on-Tangible-Equity is 0.13% 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 STEL Holdings (NSE:STEL) Overvalued in 2026?
Based on GuruFocus' analysis, STEL Holdings stock appears to be overvalued.
The current stock price of ₹562.90 is trading 5.2% above its estimated GF Value™ of ₹535.22.
GuruFocus considers STEL Holdings to be Fairly Valued.
Key valuation signals for NSE:STEL:
Return-on-Tangible-Equity: 0.13% (89% below median its 10-year median of 1.23)
GF Value™: ₹535.22 vs. price of ₹562.90 (5.2% above fair value)
Industry Position: 98.2% below the Asset Management median (#1169 of 1591)
No single metric tells the full story. See the NSE:STEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
STEL Holdings Ltd is an investment company. Principally, it is engaged in the activities of holding companies. The company's income consists of dividends, interest, and income from the disposal of investments.
85GF Score
Get the complete analysis for NSE:STEL
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