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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.
Wealth First Portfolio ManagersNSE:WEALTH +1.06%66 Return-on-Tangible-Equity is 27.98% as of Mar. 2026, which is 1% above its 10-year median of 27.73. GuruFocus rates NSE:WEALTH with a GF Score™ of 66/100 and a GF Value™ of ₹128.47 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 782 Capital Markets companies, Wealth First Portfolio Managers ranks better than 82.23% 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. Wealth First Portfolio Managers's annualized net income for the quarter that ended in Mar. 2026 was ₹420.8 Mil. Wealth First Portfolio Managers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,503.9 Mil. Therefore, Wealth First Portfolio Managers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.98%.
The historical rank and industry rank for Wealth First Portfolio Managers's Return-on-Tangible-Equity or its related term are showing as below:
NSE:WEALTH'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.74 Med: 27.73 Max: 43.91
Current: 27.01
During the past 12 years, Wealth First Portfolio Managers's highest Return-on-Tangible-Equity was 43.91%. The lowest was 3.74%. And the median was 27.73%.
NSE:WEALTH's Return-on-Tangible-Equity is ranked better than 82.23% of 782
companies
in the Capital Markets industry
Industry Median: 6.52
vs NSE:WEALTH: 27.01
Wealth First Portfolio Managers (NSE:WEALTH) 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.
Wealth First Portfolio Managers Return-on-Tangible-Equity Related Terms
Wealth First Portfolio Managers Return-on-Tangible-Equity Historical Data
* 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.
Wealth First Portfolio Managers Return-on-Tangible-Equity Chart
NSE:WEALTH vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, Wealth First Portfolio Managers'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.
Wealth First Portfolio Managers Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Wealth First Portfolio Managers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wealth First Portfolio Managers'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 27.98% mean?
Wealth First Portfolio Managers (NSE:WEALTH) has a Return-on-Tangible-Equity of 27.98% 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 Wealth First Portfolio Managers and its competitors. This is near median its historical median of 27.73. Over the past decade, Wealth First Portfolio Managers' Return-on-Tangible-Equity has ranged from 3.74 to 43.91. According to the industry distribution chart, Wealth First Portfolio Managers ranks #139 out of 782 companies in the Capital Markets industry, placing it in the top 17.8%.
Is Wealth First Portfolio Managers' Return-on-Tangible-Equity too high?
Wealth First Portfolio Managers' current Return-on-Tangible-Equity of 27.98% is near median its 10-year median of 27.73. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 43.91. The Capital Markets industry median Return-on-Tangible-Equity is 6.52. Wealth First Portfolio Managers' value of 27.98% is 329.1% above this industry median. Based on the distribution chart, Wealth First Portfolio Managers ranks #139 out of 782 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Wealth First Portfolio Managers has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wealth First Portfolio Managers' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Wealth First Portfolio Managers ranks #139 out of 782 companies for Return-on-Tangible-Equity. This places Wealth First Portfolio Managers in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.52. Wealth First Portfolio Managers' value of 27.98% is 329.1% above this benchmark. Historically, Wealth First Portfolio Managers' own Return-on-Tangible-Equity has ranged from 3.74 to 43.91 over the past decade. While the company's 10-year median is 27.73 vs. the industry median of 6.52, Wealth First Portfolio Managers 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 782 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. Wealth First Portfolio Managers's current Return-on-Tangible-Equity of 27.98% is 329.1% 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 Wealth First Portfolio Managers 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. Wealth First Portfolio Managers's current Return-on-Tangible-Equity is 27.98%, which is near median its own 10-year median of 27.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wealth First Portfolio Managers stock overvalued right now?
Based on GuruFocus' analysis, Wealth First Portfolio Managers (NSE:WEALTH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹128.47, compared to a current price of ₹946.15 — trading 636.5% above its estimated fair value. The current Return-on-Tangible-Equity is 27.98%, which is near median its 10-year median of 27.73 and 329.1% above the Capital Markets industry median of 6.52. Wealth First Portfolio Managers' overall GF Score™ is 66/100 with 3 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 Wealth First Portfolio Managers (NSE:WEALTH), the current Return-on-Tangible-Equity is 27.98% 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 Wealth First Portfolio Managers (NSE:WEALTH) Overvalued in 2026?
Based on GuruFocus' analysis, Wealth First Portfolio Managers stock appears to be overvalued.
The current stock price of ₹946.15 is trading 636.5% above its estimated GF Value™ of ₹128.47.
GuruFocus considers Wealth First Portfolio Managers to be Significantly Overvalued.
Key valuation signals for NSE:WEALTH:
Return-on-Tangible-Equity: 27.98% (near median its 10-year median of 27.73)
GF Value™: ₹128.47 vs. price of ₹946.15 (636.5% above fair value)
Industry Position: 329.1% above the Capital Markets median (#139 of 782)
No single metric tells the full story. See the NSE:WEALTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wealth First Portfolio Managers Business Description
Wealth First Portfolio Managers Ltd is a financial service provider for various types of financial products available in the Indian market. The company offers research for products that deliver compatible performance in terms of yield. The product portfolio of the company consists of government bonds and securities, direct equity, cash management services, derivative products, mutual funds, insurance products, commodities, and market-making services. The mutual fund brokerage generates maximum revenue for the company. It offers its services only to the Indian market.
66GF Score
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