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SM InvestmentsSVTMF 79 Return-on-Tangible-Equity is 13.60% as of Mar. 2026, which is 5% above its 10-year median of 12.93. GuruFocus rates SVTMF with a GF Score™ of 79/100 and a GF Value™ of $16.38 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,060 Retail - Cyclical companies, SM Investments ranks better than 65.75% 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. SM Investments's annualized net income for the quarter that ended in Mar. 2026 was $1,395 Mil. SM Investments's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $10,256 Mil. Therefore, SM Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 13.60%.
The historical rank and industry rank for SM Investments's Return-on-Tangible-Equity or its related term are showing as below:
SVTMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.68 Med: 12.93 Max: 16.76
Current: 15.14
During the past 13 years, SM Investments's highest Return-on-Tangible-Equity was 16.76%. The lowest was 6.68%. And the median was 12.93%.
SVTMF's Return-on-Tangible-Equity is ranked better than 65.75% of 1060
companies
in the Retail - Cyclical industry
Industry Median: 8.34
vs SVTMF: 15.14
SM Investments (OTCPK:SVTMF) 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.
SM Investments Return-on-Tangible-Equity Related Terms
SM Investments Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SM Investments'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.
SVTMF vs DDS, M: Return-on-Tangible-Equity Comparison
For the Department Stores subindustry, SM Investments'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.
SM Investments Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, SM Investments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SM Investments'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 13.60% mean?
SM Investments (SVTMF) has a Return-on-Tangible-Equity of 13.60% 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 SM Investments and its competitors. This is near median its historical median of 12.93. Over the past decade, SM Investments' Return-on-Tangible-Equity has ranged from 6.68 to 16.76. According to the industry distribution chart, SM Investments ranks #363 out of 1060 companies in the Retail - Cyclical industry, placing it in the top 34.2%.
Is SM Investments' Return-on-Tangible-Equity too high?
SM Investments' current Return-on-Tangible-Equity of 13.60% is near median its 10-year median of 12.93. Over the past 10 years, this metric has ranged from a low of 6.68 to a high of 16.76. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.34. SM Investments' value of 13.60% is 63.1% above this industry median. Based on the distribution chart, SM Investments ranks #363 out of 1060 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, SM Investments has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Investments' Return-on-Tangible-Equity compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, SM Investments ranks #363 out of 1060 companies for Return-on-Tangible-Equity. This puts SM Investments in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.34. SM Investments' value of 13.60% is 63.1% above this benchmark. Historically, SM Investments' own Return-on-Tangible-Equity has ranged from 6.68 to 16.76 over the past decade. While the company's 10-year median is 12.93 vs. the industry median of 8.34, SM Investments 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,060 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. SM Investments's current Return-on-Tangible-Equity of 13.60% is 63.1% 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 SM Investments and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SM Investments's current Return-on-Tangible-Equity is 13.60%, which is near median its own 10-year median of 12.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Investments stock overvalued right now?
Based on GuruFocus' analysis, SM Investments (SVTMF) is currently considered Possible Value Trap. The stock's GF Value™ is $16.38, compared to a current price of $10.15 — trading 38% below its estimated fair value. The current Return-on-Tangible-Equity is 13.60%, which is near median its 10-year median of 12.93 and 63.1% above the Retail - Cyclical industry median of 8.34. SM Investments' overall GF Score™ is 79/100 with 4 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 SM Investments (SVTMF), the current Return-on-Tangible-Equity is 13.60% 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 SM Investments (SVTMF) Overvalued in 2026?
Based on GuruFocus' analysis, SM Investments stock appears to be undervalued.
The current stock price of $10.15 is trading 38% below its estimated GF Value™ of $16.38.
GuruFocus considers SM Investments to be Possible Value Trap.
Key valuation signals for SVTMF:
Return-on-Tangible-Equity: 13.60% (near median its 10-year median of 12.93)
GF Value™: $16.38 vs. price of $10.15 (38% below fair value)
Industry Position: 63.1% above the Retail - Cyclical median (#363 of 1060)
No single metric tells the full story. See the SVTMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SM Investments Corp is a Philippines conglomerate with operations in retail, banking, property, and Portfolio investments. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, and leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, and others.
79GF Score
Get the complete analysis for SVTMF
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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