More Provident Funds And PensionXTAE:MPP -0.49%85 Return-on-Tangible-Equity is 42.01% as of Mar. 2026, which is 528% above its 10-year median of 6.69. GuruFocus rates XTAE:MPP with a GF Score™ of 85/100 and a GF Value™ of ₪10.75 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,590 Asset Management companies, More Provident Funds And Pension ranks better than 88.3% on this metric.
The historical rank and industry rank for More Provident Funds And Pension's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:MPP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -126.68 Med: 6.69 Max: 33.51
Current: 33.51
During the past 8 years, More Provident Funds And Pension's highest Return-on-Tangible-Equity was 33.51%. The lowest was -126.68%. And the median was 6.69%.
XTAE:MPP's Return-on-Tangible-Equity is ranked better than 88.3% of 1590
companies
in the Asset Management industry
Industry Median: 7.12
vs XTAE:MPP: 33.51
More Provident Funds And Pension (XTAE:MPP) 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.
More Provident Funds And Pension Return-on-Tangible-Equity Related Terms
More Provident Funds And Pension 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.
More Provident Funds And Pension Return-on-Tangible-Equity Chart
XTAE:MPP vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, More Provident Funds And Pension'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.
More Provident Funds And Pension Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, More Provident Funds And Pension's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where More Provident Funds And Pension'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 42.01% mean?
More Provident Funds And Pension (XTAE:MPP) has a Return-on-Tangible-Equity of 42.01% 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 More Provident Funds And Pension and its competitors. This is 528% above median its historical median of 6.69. According to the industry distribution chart, More Provident Funds And Pension ranks #186 out of 1590 companies in the Asset Management industry, placing it in the top 11.7%.
Is More Provident Funds And Pension's Return-on-Tangible-Equity too high?
More Provident Funds And Pension's current Return-on-Tangible-Equity of 42.01% is 528% above median its 10-year median of 6.69. The Asset Management industry median Return-on-Tangible-Equity is 7.12. More Provident Funds And Pension's value of 42.01% is 490% above this industry median. Based on the distribution chart, More Provident Funds And Pension ranks #186 out of 1590 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, More Provident Funds And Pension has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does More Provident Funds And Pension's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, More Provident Funds And Pension ranks #186 out of 1590 companies for Return-on-Tangible-Equity. This places More Provident Funds And Pension in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.12. More Provident Funds And Pension's value of 42.01% is 490% above this benchmark. While the company's 10-year median is 6.69 vs. the industry median of 7.12, More Provident Funds And Pension 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. More Provident Funds And Pension's current Return-on-Tangible-Equity of 42.01% is 490% 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 More Provident Funds And Pension 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. More Provident Funds And Pension's current Return-on-Tangible-Equity is 42.01%, which is 528% above median its own 10-year median of 6.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is More Provident Funds And Pension stock overvalued right now?
Based on GuruFocus' analysis, More Provident Funds And Pension (XTAE:MPP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪10.75, compared to a current price of ₪16.11 — trading 49.9% above its estimated fair value. The current Return-on-Tangible-Equity is 42.01%, which is 528% above median its 10-year median of 6.69 and 490% above the Asset Management industry median of 7.12. More Provident Funds And Pension's overall GF Score™ is 85/100 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 More Provident Funds And Pension (XTAE:MPP), the current Return-on-Tangible-Equity is 42.01% 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 More Provident Funds And Pension (XTAE:MPP) Overvalued in 2026?
Based on GuruFocus' analysis, More Provident Funds And Pension stock appears to be overvalued.
The current stock price of ₪16.11 is trading 49.9% above its estimated GF Value™ of ₪10.75.
GuruFocus considers More Provident Funds And Pension to be Significantly Overvalued.
Key valuation signals for XTAE:MPP:
Return-on-Tangible-Equity: 42.01% (528% above median its 10-year median of 6.69)
GF Value™: ₪10.75 vs. price of ₪16.11 (49.9% above fair value)
Industry Position: 490% above the Asset Management median (#186 of 1590)
No single metric tells the full story. See the XTAE:MPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
More Provident Funds And Pension Business Description
More Provident Funds And Pension Ltd, formerly More Provident Funds Ltd offers variety of long-term savings routes at different risk levels. The company offers provident funds, study funds and investment provident funds.
85GF Score
Get the complete analysis for XTAE:MPP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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