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Blackstone Strategic Credit FundBGB -0.44%45 Return-on-Tangible-Asset is 5.60% as of Dec. 2025, which is 26% above its 10-year median of 4.45. GuruFocus rates BGB with a GF Score™ of 45/100 and a GF Value™ of $6.95 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,632 Asset Management companies, Blackstone Strategic Credit Fund ranks worse than 58.03% on this metric.
The historical rank and industry rank for Blackstone Strategic Credit Fund's Return-on-Tangible-Asset or its related term are showing as below:
BGB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.91 Med: 4.45 Max: 8.43
Current: 3.09
During the past 9 years, Blackstone Strategic Credit Fund's highest Return-on-Tangible-Asset was 8.43%. The lowest was -6.91%. And the median was 4.45%.
BGB's Return-on-Tangible-Asset is ranked worse than 58.03% of 1632
companies
in the Asset Management industry
Industry Median: 4.54
vs BGB: 3.09
Blackstone Strategic Credit Fund (NYSE:BGB) 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.
Blackstone Strategic Credit Fund Return-on-Tangible-Asset Related Terms
Blackstone Strategic Credit 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.
Blackstone Strategic Credit Fund Return-on-Tangible-Asset Chart
BGB vs FTHY, IGD, MSIF: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Blackstone Strategic Credit 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.
Blackstone Strategic Credit Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Blackstone Strategic Credit 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.60% mean?
Blackstone Strategic Credit Fund (BGB) has a Return-on-Tangible-Asset of 5.60% 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 Blackstone Strategic Credit Fund and its competitors. This is 26% above median its historical median of 4.45. According to the industry distribution chart, Blackstone Strategic Credit Fund ranks #947 out of 1632 companies in the Asset Management industry, placing it in the top 58%.
Is Blackstone Strategic Credit Fund's Return-on-Tangible-Asset too high?
Blackstone Strategic Credit Fund's current Return-on-Tangible-Asset of 5.60% is 26% above median its 10-year median of 4.45. The Asset Management industry median Return-on-Tangible-Asset is 4.54. Blackstone Strategic Credit Fund's value of 5.60% is 23.3% above this industry median. Based on the distribution chart, Blackstone Strategic Credit Fund ranks #947 out of 1632 companies in the Asset Management industry, which is below the industry midpoint. Overall, Blackstone Strategic Credit Fund has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone Strategic Credit Fund's Return-on-Tangible-Asset compare to FTHY and IGD?
According to the Asset Management industry distribution chart, Blackstone Strategic Credit Fund ranks #947 out of 1632 companies for Return-on-Tangible-Asset. This places Blackstone Strategic Credit Fund in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.54. Blackstone Strategic Credit Fund's value of 5.60% is 23.3% above this benchmark. While the company's 10-year median is 4.45 vs. the industry median of 4.54, Blackstone Strategic Credit 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 4.54, 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. Blackstone Strategic Credit Fund's current Return-on-Tangible-Asset of 5.60% is 23.3% 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 Blackstone Strategic Credit Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone Strategic Credit Fund's current Return-on-Tangible-Asset is 5.60%, which is 26% above median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone Strategic Credit Fund stock overvalued right now?
Based on GuruFocus' analysis, Blackstone Strategic Credit Fund (BGB) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.95, compared to a current price of $11.27 — trading 62.2% above its estimated fair value. The current Return-on-Tangible-Asset is 5.60%, which is 26% above median its 10-year median of 4.45 and 23.3% above the Asset Management industry median of 4.54. Blackstone Strategic Credit Fund's overall GF Score™ is 45/100 with 8 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 Blackstone Strategic Credit Fund (BGB), the current Return-on-Tangible-Asset is 5.60% 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 Blackstone Strategic Credit Fund (BGB) Overvalued in 2026?
Based on GuruFocus' analysis, Blackstone Strategic Credit Fund stock appears to be overvalued.
The current stock price of $11.27 is trading 62.2% above its estimated GF Value™ of $6.95.
GuruFocus considers Blackstone Strategic Credit Fund to be Significantly Overvalued.
Key valuation signals for BGB:
Return-on-Tangible-Asset: 5.60% (26% above median its 10-year median of 4.45)
GF Value™: $6.95 vs. price of $11.27 (62.2% above fair value)
Industry Position: 23.3% above the Asset Management median (#947 of 1632)
No single metric tells the full story. See the BGB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackstone Strategic Credit Fund is a diversified, closed-end management investment company. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. Under normal market conditions, the Fund invests at least 80% of its Managed Assets in senior, secured floating-rate loans. The fund also invest in second-lien loans and high yield bonds and employs financial leverage, which may increase risk to the Fund. The Fund has a limited term and absent shareholder approval to extend the life of the Fund.
45GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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