Tel Aviv Stock ExchangeTVAVF 74 Return-on-Tangible-Equity is 68.96% as of Mar. 2026, which is 660% above its 10-year median of 9.07. GuruFocus rates TVAVF with a GF Scoreâ„¢ of 74/100 and a GF Valueâ„¢ of $20.19 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 782 Capital Markets companies, Tel Aviv Stock Exchange ranks better than 92.58% 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. Tel Aviv Stock Exchange's annualized net income for the quarter that ended in Mar. 2026 was $103.3 Mil. Tel Aviv Stock Exchange's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $149.7 Mil. Therefore, Tel Aviv Stock Exchange's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 68.96%.
The historical rank and industry rank for Tel Aviv Stock Exchange's Return-on-Tangible-Equity or its related term are showing as below:
TVAVF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.33 Med: 9.07 Max: 54.3
Current: 54.3
During the past 11 years, Tel Aviv Stock Exchange's highest Return-on-Tangible-Equity was 54.30%. The lowest was -3.33%. And the median was 9.07%.
TVAVF's Return-on-Tangible-Equity is ranked better than 92.58% of 782
companies
in the Capital Markets industry
Industry Median: 6.485
vs TVAVF: 54.30
Tel Aviv Stock Exchange (OTCPK:TVAVF) 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.
Tel Aviv Stock Exchange Return-on-Tangible-Equity Related Terms
Tel Aviv Stock Exchange Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tel Aviv Stock Exchange'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.
Tel Aviv Stock Exchange Return-on-Tangible-Equity Chart
TVAVF vs SPGI, CME, MCO: Return-on-Tangible-Equity Comparison
For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.
Tel Aviv Stock Exchange Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tel Aviv Stock Exchange'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 68.96% mean?
Tel Aviv Stock Exchange (TVAVF) has a Return-on-Tangible-Equity of 68.96% 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 Tel Aviv Stock Exchange and its competitors. This is 660% above median its historical median of 9.07. According to the industry distribution chart, Tel Aviv Stock Exchange ranks #58 out of 782 companies in the Capital Markets industry, placing it in the top 7.4%.
Is Tel Aviv Stock Exchange's Return-on-Tangible-Equity too high?
Tel Aviv Stock Exchange's current Return-on-Tangible-Equity of 68.96% is 660% above median its 10-year median of 9.07. The Capital Markets industry median Return-on-Tangible-Equity is 6.49. Tel Aviv Stock Exchange's value of 68.96% is 963.4% above this industry median. Based on the distribution chart, Tel Aviv Stock Exchange ranks #58 out of 782 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Tel Aviv Stock Exchange has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tel Aviv Stock Exchange's Return-on-Tangible-Equity compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Tel Aviv Stock Exchange ranks #58 out of 782 companies for Return-on-Tangible-Equity. This places Tel Aviv Stock Exchange in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.49. Tel Aviv Stock Exchange's value of 68.96% is 963.4% above this benchmark. While the company's 10-year median is 9.07 vs. the industry median of 6.49, Tel Aviv Stock Exchange 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 6.49, 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. Tel Aviv Stock Exchange's current Return-on-Tangible-Equity of 68.96% is 963.4% 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 Tel Aviv Stock Exchange and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Aviv Stock Exchange's current Return-on-Tangible-Equity is 68.96%, which is 660% above median its own 10-year median of 9.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Aviv Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange (TVAVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.19, compared to a current price of $44.71 — trading 121.4% above its estimated fair value. The current Return-on-Tangible-Equity is 68.96%, which is 660% above median its 10-year median of 9.07 and 963.4% above the Capital Markets industry median of 6.49. Tel Aviv Stock Exchange's overall GF Score™ is 74/100 with 1 warning sign 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 Tel Aviv Stock Exchange (TVAVF), the current Return-on-Tangible-Equity is 68.96% 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 Tel Aviv Stock Exchange (TVAVF) Overvalued in 2026?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange stock appears to be overvalued.
The current stock price of $44.71 is trading 121.4% above its estimated GF Value™ of $20.19.
GuruFocus considers Tel Aviv Stock Exchange to be Significantly Overvalued.
Key valuation signals for TVAVF:
Return-on-Tangible-Equity: 68.96% (660% above median its 10-year median of 9.07)
GF Value™: $20.19 vs. price of $44.71 (121.4% above fair value)
Industry Position: 963.4% above the Capital Markets median (#58 of 782)
No single metric tells the full story. See the TVAVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.
74GF Score
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