Regal PartnersASX:RPL +5.78%75 Return-on-Tangible-Asset is 48.35% as of Dec. 2025, which is 833% above its 10-year median of 5.18. GuruFocus rates ASX:RPL with a GF Score™ of 75/100 and a GF Value™ of A$5.83 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,634 Asset Management companies, Regal Partners ranks better than 95.17% 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. Regal Partners's annualizedNet Income for the quarter that ended in Dec. 2025 was A$208.6 Mil. Regal Partners's average total tangible assets for the quarter that ended in Dec. 2025 was A$431.3 Mil. Therefore, Regal Partners's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 48.35%.
The historical rank and industry rank for Regal Partners's Return-on-Tangible-Asset or its related term are showing as below:
ASX:RPL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.51 Med: 5.18 Max: 33.27
Current: 33.27
During the past 7 years, Regal Partners's highest Return-on-Tangible-Asset was 33.27%. The lowest was 0.51%. And the median was 5.18%.
ASX:RPL's Return-on-Tangible-Asset is ranked better than 95.17% of 1634
companies
in the Asset Management industry
Industry Median: 4.12
vs ASX:RPL: 33.27
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.
Regal Partners Return-on-Tangible-Asset Related Terms
Regal Partners Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Regal Partners'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:RPL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Regal Partners'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.
Regal Partners Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Regal Partners's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Regal Partners'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 48.35% mean?
Regal Partners (ASX:RPL) has a Return-on-Tangible-Asset of 48.35% 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 Regal Partners and its competitors. This is 833% above median its historical median of 5.18. Over the past decade, Regal Partners' Return-on-Tangible-Asset has ranged from 0.51 to 33.27. According to the industry distribution chart, Regal Partners ranks #79 out of 1634 companies in the Asset Management industry, placing it in the top 4.8%.
Is Regal Partners' Return-on-Tangible-Asset too high?
Regal Partners' current Return-on-Tangible-Asset of 48.35% is 833% above median its 10-year median of 5.18. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 33.27. The Asset Management industry median Return-on-Tangible-Asset is 4.12. Regal Partners' value of 48.35% is 1073.5% above this industry median. Based on the distribution chart, Regal Partners ranks #79 out of 1634 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Regal Partners has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Regal Partners' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Regal Partners ranks #79 out of 1634 companies for Return-on-Tangible-Asset. This places Regal Partners in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.12. Regal Partners' value of 48.35% is 1073.5% above this benchmark. Historically, Regal Partners' own Return-on-Tangible-Asset has ranged from 0.51 to 33.27 over the past decade. While the company's 10-year median is 5.18 vs. the industry median of 4.12, Regal Partners 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 4.12, 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. Regal Partners's current Return-on-Tangible-Asset of 48.35% is 1073.5% 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 Regal Partners and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Regal Partners's current Return-on-Tangible-Asset is 48.35%, which is 833% above median its own 10-year median of 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regal Partners stock overvalued right now?
Based on GuruFocus' analysis, Regal Partners (ASX:RPL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$5.83, compared to a current price of A$3.11 — trading 46.7% below its estimated fair value. The current Return-on-Tangible-Asset is 48.35%, which is 833% above median its 10-year median of 5.18 and 1073.5% above the Asset Management industry median of 4.12. Regal Partners' overall GF Score™ is 75/100 with 1 warning sign 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 Regal Partners (ASX:RPL), the current Return-on-Tangible-Asset is 48.35% 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 Regal Partners (ASX:RPL) Overvalued in 2026?
Based on GuruFocus' analysis, Regal Partners stock appears to be undervalued.
The current stock price of A$3.11 is trading 46.7% below its estimated GF Value™ of A$5.83.
GuruFocus considers Regal Partners to be Significantly Undervalued.
Key valuation signals for ASX:RPL:
Return-on-Tangible-Asset: 48.35% (833% above median its 10-year median of 5.18)
GF Value™: A$5.83 vs. price of A$3.11 (46.7% below fair value)
Industry Position: 1073.5% above the Asset Management median (#79 of 1634)
No single metric tells the full story. See the ASX:RPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Regal Partners Ltd is a specialist alternatives investment manager, offering a diverse range of investment strategies covering hedge funds, private markets and real assets. The Group has one operating segment: the provision of investment management services with the objective of offering investment funds to investors.
75GF Score
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