Brookfield Asset ManagementBAM +1.04%61 Return-on-Tangible-Asset is 14.50% as of Mar. 2026, which is 31% below its 10-year median of 20.88. GuruFocus rates BAM with a GF Score™ of 61/100 and a GF Value™ of $56.42 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,632 Asset Management companies, Brookfield Asset Management ranks better than 81.37% 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. Brookfield Asset Management's annualizedNet Income for the quarter that ended in Mar. 2026 was $2,468 Mil. Brookfield Asset Management's average total tangible assets for the quarter that ended in Mar. 2026 was $17,025 Mil. Therefore, Brookfield Asset Management's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.50%.
The historical rank and industry rank for Brookfield Asset Management's Return-on-Tangible-Asset or its related term are showing as below:
BAM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.6 Med: 20.88 Max: 57.42
Current: 15.31
During the past 4 years, Brookfield Asset Management's highest Return-on-Tangible-Asset was 57.42%. The lowest was 0.60%. And the median was 20.88%.
BAM's Return-on-Tangible-Asset is ranked better than 81.37% of 1632
companies
in the Asset Management industry
Industry Median: 4.095
vs BAM: 15.31
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.
Brookfield Asset Management Return-on-Tangible-Asset Related Terms
Brookfield Asset Management 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.
BAM vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Brookfield Asset Management'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.
Brookfield Asset Management Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Brookfield Asset Management's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Brookfield Asset Management'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.50% mean?
Brookfield Asset Management (BAM) has a Return-on-Tangible-Asset of 14.50% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Brookfield Asset Management and its competitors. This is 31% below median its historical median of 20.88. Over the past decade, Brookfield Asset Management's Return-on-Tangible-Asset has ranged from 0.60 to 57.42. According to the industry distribution chart, Brookfield Asset Management ranks #304 out of 1632 companies in the Asset Management industry, placing it in the top 18.6%.
Is Brookfield Asset Management's Return-on-Tangible-Asset too high?
Brookfield Asset Management's current Return-on-Tangible-Asset of 14.50% is 31% below median its 10-year median of 20.88. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 57.42. The Asset Management industry median Return-on-Tangible-Asset is 4.10. Brookfield Asset Management's value of 14.50% is 254.1% above this industry median. Based on the distribution chart, Brookfield Asset Management ranks #304 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Brookfield Asset Management has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Asset Management's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Brookfield Asset Management ranks #304 out of 1632 companies for Return-on-Tangible-Asset. This places Brookfield Asset Management in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.10. Brookfield Asset Management's value of 14.50% is 254.1% above this benchmark. Historically, Brookfield Asset Management's own Return-on-Tangible-Asset has ranged from 0.60 to 57.42 over the past decade. While the company's 10-year median is 20.88 vs. the industry median of 4.10, Brookfield Asset Management 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 4.10, based on 1,632 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. Brookfield Asset Management's current Return-on-Tangible-Asset of 14.50% is 254.1% 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 Brookfield Asset Management and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Asset Management's current Return-on-Tangible-Asset is 14.50%, which is 31% below median its own 10-year median of 20.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Asset Management (BAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $56.42, compared to a current price of $45.87 — trading 18.7% below its estimated fair value. The current Return-on-Tangible-Asset is 14.50%, which is 31% below median its 10-year median of 20.88 and 254.1% above the Asset Management industry median of 4.10. Brookfield Asset Management's overall GF Score™ is 61/100 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 Brookfield Asset Management (BAM), the current Return-on-Tangible-Asset is 14.50% 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 Brookfield Asset Management (BAM) Overvalued in 2026?
Based on GuruFocus' analysis, Brookfield Asset Management stock appears to be undervalued.
The current stock price of $45.87 is trading 18.7% below its estimated GF Value™ of $56.42.
GuruFocus considers Brookfield Asset Management to be Modestly Undervalued.
Key valuation signals for BAM:
Return-on-Tangible-Asset: 14.50% (31% below median its 10-year median of 20.88)
GF Value™: $56.42 vs. price of $45.87 (18.7% below fair value)
Industry Position: 254.1% above the Asset Management median (#304 of 1632)
No single metric tells the full story. See the BAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brookfield Asset Management is one of the world's largest alternative-asset managers, with USD 1.181 trillion in total managed assets, including USD 602.7 billion in fee-earning AUM, at the end of 2025. The company has three main business segments: credit strategies (USD 363.0 billion in total AUM and USD 279.4 billion in fee-earning AUM), private equity (USD 155.0 billion/USD 48.0 billion), and real estate/real assets (USD 663.0 billion/USD 275.3 billion). The firm primarily serves institutional investors (90% of AUM) and high-net-worth individuals (10%), and is diversified globally, with 67% of revenue from the Americas, 20% from EMEA, and 13% from Asia-Pacific. Canada-based Brookfield Corp. owns 73% of Brookfield's outstanding Class A shares.
61GF Score
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