Anima Holding SpASTU:124 +0.58%77 Return-on-Tangible-Equity is 94.47% as of Dec. 2025, which is 18% below its 10-year median of 114.55. GuruFocus rates STU:124 with a GF Score™ of 77/100 and a GF Value™ of €6.06 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,590 Asset Management companies, Anima Holding SpA ranks better than 97.55% 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. Anima Holding SpA's annualized net income for the quarter that ended in Dec. 2025 was €267 Mil. Anima Holding SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €283 Mil. Therefore, Anima Holding SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 94.47%.
The historical rank and industry rank for Anima Holding SpA's Return-on-Tangible-Equity or its related term are showing as below:
STU:124'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 109.57 Med: 114.55 Max: 119.53
Current: 116.14
During the past 13 years, Anima Holding SpA's highest Return-on-Tangible-Equity was 119.53%. The lowest was 109.57%. And the median was 114.55%.
STU:124's Return-on-Tangible-Equity is ranked better than 97.55% of 1590
companies
in the Asset Management industry
Industry Median: 7.12
vs STU:124: 116.14
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.
Anima Holding SpA Return-on-Tangible-Equity Related Terms
Anima Holding SpA Return-on-Tangible-Equity Historical Data
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The historical data trend for Anima Holding SpA'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.
STU:124 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Anima Holding SpA'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.
Anima Holding SpA Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Anima Holding SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Anima Holding SpA'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 94.47% mean?
Anima Holding SpA (STU:124) has a Return-on-Tangible-Equity of 94.47% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Anima Holding SpA and its competitors. This is 18% below median its historical median of 114.55. Over the past decade, Anima Holding SpA's Return-on-Tangible-Equity has ranged from 109.57 to 119.53. According to the industry distribution chart, Anima Holding SpA ranks #39 out of 1590 companies in the Asset Management industry, placing it in the top 2.5%.
Is Anima Holding SpA's Return-on-Tangible-Equity too high?
Anima Holding SpA's current Return-on-Tangible-Equity of 94.47% is 18% below median its 10-year median of 114.55. Over the past 10 years, this metric has ranged from a low of 109.57 to a high of 119.53. The Asset Management industry median Return-on-Tangible-Equity is 7.12. Anima Holding SpA's value of 94.47% is 1226.8% above this industry median. Based on the distribution chart, Anima Holding SpA ranks #39 out of 1590 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Anima Holding SpA has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anima Holding SpA's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Anima Holding SpA ranks #39 out of 1590 companies for Return-on-Tangible-Equity. This places Anima Holding SpA in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.12. Anima Holding SpA's value of 94.47% is 1226.8% above this benchmark. Historically, Anima Holding SpA's own Return-on-Tangible-Equity has ranged from 109.57 to 119.53 over the past decade. While the company's 10-year median is 114.55 vs. the industry median of 7.12, Anima Holding SpA 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 7.12, based on 1,590 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. Anima Holding SpA's current Return-on-Tangible-Equity of 94.47% is 1226.8% 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 Anima Holding SpA and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anima Holding SpA's current Return-on-Tangible-Equity is 94.47%, which is 18% below median its own 10-year median of 114.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anima Holding SpA stock overvalued right now?
Based on GuruFocus' analysis, Anima Holding SpA (STU:124) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.06, compared to a current price of €6.92 — trading 14.2% above its estimated fair value. The current Return-on-Tangible-Equity is 94.47%, which is 18% below median its 10-year median of 114.55 and 1226.8% above the Asset Management industry median of 7.12. Anima Holding SpA's overall GF Score™ is 77/100 with 5 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 Anima Holding SpA (STU:124), the current Return-on-Tangible-Equity is 94.47% as of Dec. 2025. 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 Anima Holding SpA (STU:124) Overvalued in 2026?
Based on GuruFocus' analysis, Anima Holding SpA stock appears to be overvalued.
The current stock price of €6.92 is trading 14.2% above its estimated GF Value™ of €6.06.
GuruFocus considers Anima Holding SpA to be Modestly Overvalued.
Key valuation signals for STU:124:
Return-on-Tangible-Equity: 94.47% (18% below median its 10-year median of 114.55)
GF Value™: €6.06 vs. price of €6.92 (14.2% above fair value)
Industry Position: 1226.8% above the Asset Management median (#39 of 1590)
No single metric tells the full story. See the STU:124 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anima Holding SpA is one of the Italian independent asset management operators. Anima's offering is composed of Italian mutual funds, open-ended umbrella funds domiciled in Ireland and Luxembourg, and pension funds. The company also offers institutional and private pension funds, as well as private wealth and institutional asset management services.
77GF Score
Get the complete analysis for STU:124
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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