TVAVF (Tel Aviv Stock Exchange) ROE %: 50.09% (As of Mar. 2026) — 587% Above Median


TVAVF Tel Aviv Stock Exchange Ltd TVAVF
74 GF Score
Price $44.21
GF Value $19.59
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Tel Aviv Stock Exchange ROE %?

Tel Aviv Stock Exchange TVAVF 74 ROE % is 50.09% as of Mar. 2026, which is 587% above its 10-year median of 7.29. GuruFocus rates TVAVF with a GF Score™ of 74/100 and a GF Value™ of $19.59 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 791 Capital Markets companies, Tel Aviv Stock Exchange ranks better than 94.56% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tel Aviv Stock Exchange's annualized net income for the quarter that ended in Mar. 2026 was $104.5 Mil. Tel Aviv Stock Exchange's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $208.6 Mil. Therefore, Tel Aviv Stock Exchange's annualized ROE % for the quarter that ended in Mar. 2026 was 50.09%.

The historical rank and industry rank for Tel Aviv Stock Exchange's ROE % or its related term are showing as below:

TVAVF' s ROE % Range Over the Past 10 Years
Min: -2.76   Med: 7.29   Max: 38.53
Current: 38.53

During the past 11 years, Tel Aviv Stock Exchange's highest ROE % was 38.53%. The lowest was -2.76%. And the median was 7.29%.

TVAVF's ROE % is ranked better than
94.56% of 791 companies
in the Capital Markets industry
Industry Median: 6 vs TVAVF: 38.53

Tel Aviv Stock Exchange  (OTCPK:TVAVF) 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
=104.484/208.609
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(104.484 / 247.384)*(247.384 / 574.141)*(574.141 / 208.609)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.24 %*0.4309*2.7522
=ROA %*Equity Multiplier
=18.2 %*2.7522
=50.09 %

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
=104.484/208.609
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (104.484 / 136.656) * (136.656 / 133.988) * (133.988 / 247.384) * (247.384 / 574.141) * (574.141 / 208.609)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7646 * 1.0199 * 54.16 % * 0.4309 * 2.7522
=50.09 %

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.


Tel Aviv Stock Exchange ROE % Related Terms


Tel Aviv Stock Exchange ROE % Historical Data

* Premium members only.

The historical data trend for Tel Aviv Stock Exchange'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.

Tel Aviv Stock Exchange ROE % Chart

Tel Aviv Stock Exchange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.03 7.54 15.29 18.06 26.38

Tel Aviv Stock Exchange 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 23.35 33.12 34.84 33.04 50.09

TVAVF vs SPGI, CME, ICE: ROE % Comparison

For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.


Tel Aviv Stock Exchange ROE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's ROE % distribution charts can be found below:

* The bar in red indicates where Tel Aviv Stock Exchange's ROE % falls into.


TVAVF
74GF Score
Tel Aviv Stock Exchange Ltd TVAVF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tel Aviv Stock Exchange ROE % Calculation

Tel Aviv Stock Exchange's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=61.083/( (243.367+219.82)/ 2 )
=61.083/231.5935
=26.38 %

Tel Aviv Stock Exchange'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 )
=104.484/( (219.82+197.398)/ 2 )
=104.484/208.609
=50.09 %

* 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 50.09% mean?
Tel Aviv Stock Exchange (TVAVF) has a ROE % of 50.09% 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 Tel Aviv Stock Exchange and its competitors. This is 587% above median its historical median of 7.29. According to the industry distribution chart, Tel Aviv Stock Exchange ranks #43 out of 791 companies in the Capital Markets industry, placing it in the top 5.4%.
Is Tel Aviv Stock Exchange's ROE % too high?
Tel Aviv Stock Exchange's current ROE % of 50.09% is 587% above median its 10-year median of 7.29. The Capital Markets industry median ROE % is 6.00. Tel Aviv Stock Exchange's value of 50.09% is 734.8% above this industry median. Based on the distribution chart, Tel Aviv Stock Exchange ranks #43 out of 791 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 ROE % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Tel Aviv Stock Exchange ranks #43 out of 791 companies for ROE %. This places Tel Aviv Stock Exchange in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 6.00. Tel Aviv Stock Exchange's value of 50.09% is 734.8% above this benchmark. While the company's 10-year median is 7.29 vs. the industry median of 6.00, 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 ROE % for a Capital Markets company?
The median ROE % among Capital Markets companies is 6.00, based on 791 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. Tel Aviv Stock Exchange's current ROE % of 50.09% is 734.8% 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 Tel Aviv Stock Exchange and its competitors. For the Capital Markets industry, the median ROE % is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Aviv Stock Exchange's current ROE % is 50.09%, which is 587% above median its own 10-year median of 7.29. 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 $19.59, compared to a current price of $44.21 — trading 125.7% above its estimated fair value. The current ROE % is 50.09%, which is 587% above median its 10-year median of 7.29 and 734.8% above the Capital Markets industry median of 6.00. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Tel Aviv Stock Exchange (TVAVF), the current ROE % is 50.09% 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 $44.21 is trading 125.7% above its estimated GF Value™ of $19.59. GuruFocus considers Tel Aviv Stock Exchange to be Significantly Overvalued.

Key valuation signals for TVAVF:

  • ROE %: 50.09% (587% above median its 10-year median of 7.29)
  • GF Value™: $19.59 vs. price of $44.21 (125.7% above fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 734.8% above the Capital Markets median (#43 of 791)

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 Business Description

Other Exchanges TASE:Israel
Address 2 Ahuzat Bayit Street, Yafo, Tel Aviv, ISR, 6525216
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

Get the complete analysis for TVAVF

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

$44.21
Price
$19.59
GF Value