Imperio AsiWAR:IMP -3.85%61 Return-on-Tangible-Equity is 9.47% as of Mar. 2026, which is 4635% above its 10-year median of 0.20. GuruFocus rates WAR:IMP with a GF Score™ of 61/100 and a GF Value™ of zł1.27 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,589 Asset Management companies, Imperio Asi ranks worse than 76.15% 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. Imperio Asi's annualized net income for the quarter that ended in Mar. 2026 was zł1.39 Mil. Imperio Asi's average shareholder tangible equity for the quarter that ended in Mar. 2026 was zł14.65 Mil. Therefore, Imperio Asi's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.47%.
The historical rank and industry rank for Imperio Asi's Return-on-Tangible-Equity or its related term are showing as below:
WAR:IMP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -45.03 Med: 0.2 Max: 33.35
Current: 0.12
During the past 13 years, Imperio Asi's highest Return-on-Tangible-Equity was 33.35%. The lowest was -45.03%. And the median was 0.20%.
WAR:IMP's Return-on-Tangible-Equity is ranked worse than 76.15% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs WAR:IMP: 0.12
Imperio Asi (WAR:IMP) 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.
Imperio Asi Return-on-Tangible-Equity Related Terms
Imperio Asi Return-on-Tangible-Equity Historical Data
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The historical data trend for Imperio Asi'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.
WAR:IMP vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Imperio Asi'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.
Imperio Asi Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Imperio Asi's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Imperio Asi'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 9.47% mean?
Imperio Asi (WAR:IMP) has a Return-on-Tangible-Equity of 9.47% 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 Imperio Asi and its competitors. This is 4635% above median its historical median of 0.20. According to the industry distribution chart, Imperio Asi ranks #1210 out of 1589 companies in the Asset Management industry, placing it in the top 76.1%.
Is Imperio Asi's Return-on-Tangible-Equity too high?
Imperio Asi's current Return-on-Tangible-Equity of 9.47% is 4635% above median its 10-year median of 0.20. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Imperio Asi's value of 9.47% is 31.3% above this industry median. Based on the distribution chart, Imperio Asi ranks #1210 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Imperio Asi has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperio Asi's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Imperio Asi ranks #1210 out of 1589 companies for Return-on-Tangible-Equity. This places Imperio Asi in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Imperio Asi's value of 9.47% is 31.3% above this benchmark. While the company's 10-year median is 0.20 vs. the industry median of 7.21, Imperio Asi 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 7.21, based on 1,589 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. Imperio Asi's current Return-on-Tangible-Equity of 9.47% is 31.3% 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 Imperio Asi 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. Imperio Asi's current Return-on-Tangible-Equity is 9.47%, which is 4635% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperio Asi stock overvalued right now?
Based on GuruFocus' analysis, Imperio Asi (WAR:IMP) is currently considered Modestly Overvalued. The stock's GF Value™ is zł1.27, compared to a current price of zł1.50 — trading 18.1% above its estimated fair value. The current Return-on-Tangible-Equity is 9.47%, which is 4635% above median its 10-year median of 0.20 and 31.3% above the Asset Management industry median of 7.21. Imperio Asi's overall GF Score™ is 61/100 with 2 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 Imperio Asi (WAR:IMP), the current Return-on-Tangible-Equity is 9.47% 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 Imperio Asi (WAR:IMP) Overvalued in 2026?
Based on GuruFocus' analysis, Imperio Asi stock appears to be overvalued.
The current stock price of zł1.50 is trading 18.1% above its estimated GF Value™ of zł1.27.
GuruFocus considers Imperio Asi to be Modestly Overvalued.
Key valuation signals for WAR:IMP:
Return-on-Tangible-Equity: 9.47% (4635% above median its 10-year median of 0.20)
GF Value™: zł1.27 vs. price of zł1.50 (18.1% above fair value)
Industry Position: 31.3% above the Asset Management median (#1210 of 1589)
No single metric tells the full story. See the WAR:IMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperio Asi SA formerly Impera Capital SA provides the investors trading in the stock exchange market with an access to direct private investments area in Poland. The company invests in the development of medium-sized companies.
61GF Score
Get the complete analysis for WAR:IMP
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