Angel One (BOM:543235) ROE %: 20.94% (As of Mar. 2026) — 19% Below Median


BOM:543235 Angel One Ltd BOM:543235
89 GF Score
Price ₹330.90
GF Value ₹271.19
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Angel One ROE %?

Angel One BOM:543235 -1.49% 89 ROE % is 20.94% as of Mar. 2026, which is 19% below its 10-year median of 25.95. GuruFocus rates BOM:543235 with a GF Score™ of 89/100 and a GF Value™ of ₹271.19 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 790 Capital Markets companies, Angel One ranks better than 75.32% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Angel One's annualized net income for the quarter that ended in Mar. 2026 was ₹12,809 Mil. Angel One's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹61,178 Mil. Therefore, Angel One's annualized ROE % for the quarter that ended in Mar. 2026 was 20.94%.

The historical rank and industry rank for Angel One's ROE % or its related term are showing as below:

BOM:543235' s ROE % Range Over the Past 10 Years
Min: 8.18   Med: 25.95   Max: 47.52
Current: 15.64

During the past 11 years, Angel One's highest ROE % was 47.52%. The lowest was 8.18%. And the median was 25.95%.

BOM:543235's ROE % is ranked better than
75.32% of 790 companies
in the Capital Markets industry
Industry Median: 6.035 vs BOM:543235: 15.64

Angel One  (BOM:543235) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=12809.48/61177.91
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(12809.48 / 58198.6)*(58198.6 / 239037.91)*(239037.91 / 61177.91)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.01 %*0.2435*3.9073
=ROA %*Equity Multiplier
=5.36 %*3.9073
=20.94 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=12809.48/61177.91
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (12809.48 / 17595.48) * (17595.48 / 22556.64) * (22556.64 / 58198.6) * (58198.6 / 239037.91) * (239037.91 / 61177.91)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.728 * 0.7801 * 38.76 % * 0.2435 * 3.9073
=20.94 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Angel One ROE % Related Terms


Angel One ROE % Historical Data

* Premium members only.

The historical data trend for Angel One's ROE % 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.

Angel One ROE % Chart

Angel One Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.02 47.52 43.29 27.07 15.59

Angel One Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.42 8.15 14.58 18.50 20.94

BOM:543235 vs MS, GS, SCHW: ROE % Comparison

For the Capital Markets subindustry, Angel One's ROE %, along with its competitors' market caps and ROE % 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.


Angel One ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Angel One's ROE % distribution charts can be found below:

* The bar in red indicates where Angel One's ROE % falls into.


BOM:543235
89GF Score
Angel One Ltd BOM:543235
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Angel One ROE % Calculation

Angel One's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=9150.99/( (56213.98+61177.91)/ 2 )
=9150.99/58695.945
=15.59 %

Angel One's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=12809.48/( (0+61177.91)/ 1 )
=12809.48/61177.91
=20.94 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 20.94% mean?
Angel One (BOM:543235) has a ROE % of 20.94% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Angel One and its competitors. This is 19% below median its historical median of 25.95. Over the past decade, Angel One's ROE % has ranged from 8.18 to 47.52. According to the industry distribution chart, Angel One ranks #195 out of 790 companies in the Capital Markets industry, placing it in the top 24.7%.
Is Angel One's ROE % too high?
Angel One's current ROE % of 20.94% is 19% below median its 10-year median of 25.95. Over the past 10 years, this metric has ranged from a low of 8.18 to a high of 47.52. The Capital Markets industry median ROE % is 6.04. Angel One's value of 20.94% is 247% above this industry median. Based on the distribution chart, Angel One ranks #195 out of 790 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Angel One has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Angel One's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Angel One ranks #195 out of 790 companies for ROE %. This places Angel One in the top 25% of its industry — outperforming the majority of peers. The industry median ROE % is 6.04. Angel One's value of 20.94% is 247% above this benchmark. Historically, Angel One's own ROE % has ranged from 8.18 to 47.52 over the past decade. While the company's 10-year median is 25.95 vs. the industry median of 6.04, Angel One 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.04, based on 790 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Angel One's current ROE % of 20.94% is 247% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Angel One and its competitors. For the Capital Markets industry, the median ROE % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angel One's current ROE % is 20.94%, which is 19% below median its own 10-year median of 25.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel One stock overvalued right now?
Based on GuruFocus' analysis, Angel One (BOM:543235) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹271.19, compared to a current price of ₹330.90 — trading 22% above its estimated fair value. The current ROE % is 20.94%, which is 19% below median its 10-year median of 25.95 and 247% above the Capital Markets industry median of 6.04. Angel One's overall GF Score™ is 89/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Angel One (BOM:543235), the current ROE % is 20.94% 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 Angel One (BOM:543235) Overvalued in 2026?

Based on GuruFocus' analysis, Angel One stock appears to be overvalued. The current stock price of ₹330.90 is trading 22% above its estimated GF Value™ of ₹271.19. GuruFocus considers Angel One to be Modestly Overvalued.

Key valuation signals for BOM:543235:

  • ROE %: 20.94% (19% below median its 10-year median of 25.95)
  • GF Value™: ₹271.19 vs. price of ₹330.90 (22% above fair value)
  • GF Score™: 89/100 with 10 warning signs
  • Industry Position: 247% above the Capital Markets median (#195 of 790)

No single metric tells the full story. See the BOM:543235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Angel One Business Description

Other Exchanges ANGELONE:India
Address 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri (E, Mumbai, MH, IND, 400 093
Angel One Ltd is a technology enabled financial services platform offering a range of investment and financial solutions across capital markets. Through its flagship Angel One platform, accessible across mobile, web and tablet interfaces, the company provides customers with access to capital markets, investment products and wealth creation tools through a single digital interface. The platform leverages technology driven processes, including data analytics and automation, to support scalable service delivery and customer engagement. Its products and services include Trading & Broking, Depository Operations, Research & Advisory, Margin Trading Funding, Third-Party Financial Product Distribution, IPO & Primary Market Access, and Investor Education & Knowledge Platforms.
89GF Score

Get the complete analysis for BOM:543235

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹330.90
Price
₹271.19
GF Value