Fiducian GroupASX:FID -0.47%78 Return-on-Tangible-Asset is 32.97% as of Dec. 2025, which is 6% below its 10-year median of 35.02. GuruFocus rates ASX:FID with a GF Score™ of 78/100 and a GF Value™ of A$9.94 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,634 Asset Management companies, Fiducian Group ranks better than 96.02% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Fiducian Group's annualizedNet Income for the quarter that ended in Dec. 2025 was A$19.81 Mil. Fiducian Group's average total tangible assets for the quarter that ended in Dec. 2025 was A$60.07 Mil. Therefore, Fiducian Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 32.97%.
The historical rank and industry rank for Fiducian Group's Return-on-Tangible-Asset or its related term are showing as below:
ASX:FID'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 31.16 Med: 35.02 Max: 40.91
Current: 35.32
During the past 13 years, Fiducian Group's highest Return-on-Tangible-Asset was 40.91%. The lowest was 31.16%. And the median was 35.02%.
ASX:FID's Return-on-Tangible-Asset is ranked better than 96.02% of 1634
companies
in the Asset Management industry
Industry Median: 4.155
vs ASX:FID: 35.32
Fiducian Group (ASX:FID) 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.
Fiducian Group Return-on-Tangible-Asset Related Terms
Fiducian Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Fiducian Group's Return-on-Tangible-Asset 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.
ASX:FID vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Fiducian Group'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.
Fiducian Group Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiducian Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Fiducian Group'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 32.97% mean?
Fiducian Group (ASX:FID) has a Return-on-Tangible-Asset of 32.97% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fiducian Group and its competitors. This is near median its historical median of 35.02. Over the past decade, Fiducian Group's Return-on-Tangible-Asset has ranged from 31.16 to 40.91. According to the industry distribution chart, Fiducian Group ranks #65 out of 1634 companies in the Asset Management industry, placing it in the top 4%.
Is Fiducian Group's Return-on-Tangible-Asset too high?
Fiducian Group's current Return-on-Tangible-Asset of 32.97% is near median its 10-year median of 35.02. Over the past 10 years, this metric has ranged from a low of 31.16 to a high of 40.91. The Asset Management industry median Return-on-Tangible-Asset is 4.16. Fiducian Group's value of 32.97% is 693.5% above this industry median. Based on the distribution chart, Fiducian Group ranks #65 out of 1634 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fiducian Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fiducian Group's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiducian Group ranks #65 out of 1634 companies for Return-on-Tangible-Asset. This places Fiducian Group in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.16. Fiducian Group's value of 32.97% is 693.5% above this benchmark. Historically, Fiducian Group's own Return-on-Tangible-Asset has ranged from 31.16 to 40.91 over the past decade. While the company's 10-year median is 35.02 vs. the industry median of 4.16, Fiducian Group 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 4.16, based on 1,634 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. Fiducian Group's current Return-on-Tangible-Asset of 32.97% is 693.5% 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 Fiducian Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiducian Group's current Return-on-Tangible-Asset is 32.97%, which is near median its own 10-year median of 35.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiducian Group stock overvalued right now?
Based on GuruFocus' analysis, Fiducian Group (ASX:FID) is currently considered Modestly Undervalued. The stock's GF Value™ is A$9.94, compared to a current price of A$8.51 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Asset is 32.97%, which is near median its 10-year median of 35.02 and 693.5% above the Asset Management industry median of 4.16. Fiducian Group's overall GF Score™ is 78/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Fiducian Group (ASX:FID), the current Return-on-Tangible-Asset is 32.97% as of Dec. 2025. 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 Fiducian Group (ASX:FID) Overvalued in 2026?
Based on GuruFocus' analysis, Fiducian Group stock appears to be undervalued.
The current stock price of A$8.51 is trading 14.4% below its estimated GF Value™ of A$9.94.
GuruFocus considers Fiducian Group to be Modestly Undervalued.
Key valuation signals for ASX:FID:
Return-on-Tangible-Asset: 32.97% (near median its 10-year median of 35.02)
GF Value™: A$9.94 vs. price of A$8.51 (14.4% below fair value)
Industry Position: 693.5% above the Asset Management median (#65 of 1634)
No single metric tells the full story. See the ASX:FID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiducian Group Ltd operates as a financial services company. It is a provider of specialist financial services to both financial advisers and retail and wholesale clients throughout Australia. The company has the following segments; Funds Management, Financial Planning, Platform Administration, and Corporate Services. It generates maximum revenue from the Financial Planning Segment through which it provides specialist financial planning services to its customers.
78GF Score
Get the complete analysis for ASX:FID
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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