Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Aberdeen Global Dynamic Dividend FundAGD +1.08%50 Return-on-Tangible-Asset is 19.97% as of Apr. 2026, which is 101% above its 10-year median of 9.93. GuruFocus rates AGD with a GF Score™ of 50/100 and a GF Value™ of $40.42 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,636 Asset Management companies, Aberdeen Global Dynamic Dividend Fund ranks better than 91.69% on this metric.
The historical rank and industry rank for Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Asset or its related term are showing as below:
AGD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.38 Med: 9.93 Max: 30.76
Current: 24.38
During the past 9 years, Aberdeen Global Dynamic Dividend Fund's highest Return-on-Tangible-Asset was 30.76%. The lowest was -18.38%. And the median was 9.93%.
AGD's Return-on-Tangible-Asset is ranked better than 91.69% of 1636
companies
in the Asset Management industry
Industry Median: 4.235
vs AGD: 24.38
Aberdeen Global Dynamic Dividend Fund (NYSE:AGD) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Asset Related Terms
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Asset 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.
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Asset Chart
AGD vs NBH, MXF, BGT: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 19.97% mean?
Aberdeen Global Dynamic Dividend Fund (AGD) has a Return-on-Tangible-Asset of 19.97% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aberdeen Global Dynamic Dividend Fund and its competitors. This is 101% above median its historical median of 9.93. According to the industry distribution chart, Aberdeen Global Dynamic Dividend Fund ranks #136 out of 1636 companies in the Asset Management industry, placing it in the top 8.3%.
Is Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Asset too high?
Aberdeen Global Dynamic Dividend Fund's current Return-on-Tangible-Asset of 19.97% is 101% above median its 10-year median of 9.93. The Asset Management industry median Return-on-Tangible-Asset is 4.24. Aberdeen Global Dynamic Dividend Fund's value of 19.97% is 371.5% above this industry median. Based on the distribution chart, Aberdeen Global Dynamic Dividend Fund ranks #136 out of 1636 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Aberdeen Global Dynamic Dividend Fund has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Asset compare to NBH and MXF?
According to the Asset Management industry distribution chart, Aberdeen Global Dynamic Dividend Fund ranks #136 out of 1636 companies for Return-on-Tangible-Asset. This places Aberdeen Global Dynamic Dividend Fund in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.24. Aberdeen Global Dynamic Dividend Fund's value of 19.97% is 371.5% above this benchmark. While the company's 10-year median is 9.93 vs. the industry median of 4.24, Aberdeen Global Dynamic Dividend Fund 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-Asset for an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.24, based on 1,636 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberdeen Global Dynamic Dividend Fund's current Return-on-Tangible-Asset of 19.97% is 371.5% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aberdeen Global Dynamic Dividend Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen Global Dynamic Dividend Fund's current Return-on-Tangible-Asset is 19.97%, which is 101% above median its own 10-year median of 9.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen Global Dynamic Dividend Fund stock overvalued right now?
Based on GuruFocus' analysis, Aberdeen Global Dynamic Dividend Fund (AGD) is currently considered Significantly Undervalued. The stock's GF Value™ is $40.42, compared to a current price of $12.20 — trading 69.8% below its estimated fair value. The current Return-on-Tangible-Asset is 19.97%, which is 101% above median its 10-year median of 9.93 and 371.5% above the Asset Management industry median of 4.24. Aberdeen Global Dynamic Dividend Fund's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Aberdeen Global Dynamic Dividend Fund (AGD), the current Return-on-Tangible-Asset is 19.97% as of Apr. 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 Aberdeen Global Dynamic Dividend Fund (AGD) Overvalued in 2026?
Based on GuruFocus' analysis, Aberdeen Global Dynamic Dividend Fund stock appears to be undervalued.
The current stock price of $12.20 is trading 69.8% below its estimated GF Value™ of $40.42.
GuruFocus considers Aberdeen Global Dynamic Dividend Fund to be Significantly Undervalued.
Key valuation signals for AGD:
Return-on-Tangible-Asset: 19.97% (101% above median its 10-year median of 9.93)
GF Value™: $40.42 vs. price of $12.20 (69.8% below fair value)
Industry Position: 371.5% above the Asset Management median (#136 of 1636)
No single metric tells the full story. See the AGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aberdeen Global Dynamic Dividend Fund Business Description
Aberdeen Global Dynamic Dividend Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current dividend income, more than 50% of which qualifies for the reduced federal income tax rate, as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The fund also focuses on the long-term growth of capital as a secondary investment objective. The fund's portfolio holdings are in information technology, financials, health care, and consumer discretionary sectors, among others.
50GF Score
Get the complete analysis for AGD
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AGD has been successfully added to your 
