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Barings Global Short Duration High Yield FundBGH -0.85%40 Return-on-Tangible-Asset is 3.02% as of Dec. 2025, which is 52% below its 10-year median of 6.27. GuruFocus rates BGH with a GF Score™ of 40/100 and a GF Value™ of $7.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,636 Asset Management companies, Barings Global Short Duration High Yield Fund ranks better than 50.73% on this metric.
BGH's Return-on-Tangible-Asset is ranked better than 50.73% of 1636
companies
in the Asset Management industry
Industry Median: 4.235
vs BGH: 4.40
Barings Global Short Duration High Yield Fund (NYSE:BGH) 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.
Barings Global Short Duration High Yield Fund Return-on-Tangible-Asset Related Terms
Barings Global Short Duration High Yield 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.
Barings Global Short Duration High Yield Fund Return-on-Tangible-Asset Chart
Barings Global Short Duration High Yield Fund Annual Data
BGH vs FUND, BRW, MIN: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Barings Global Short Duration High Yield 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.
Barings Global Short Duration High Yield Fund Return-on-Tangible-Asset vs Asset Management Industry
* 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 3.02% mean?
Barings Global Short Duration High Yield Fund (BGH) has a Return-on-Tangible-Asset of 3.02% 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 Barings Global Short Duration High Yield Fund and its competitors. This is 52% below median its historical median of 6.27. According to the industry distribution chart, Barings Global Short Duration High Yield Fund ranks #806 out of 1636 companies in the Asset Management industry, placing it in the top 49.3%.
Is Barings Global Short Duration High Yield Fund's Return-on-Tangible-Asset too high?
Barings Global Short Duration High Yield Fund's current Return-on-Tangible-Asset of 3.02% is 52% below median its 10-year median of 6.27. The Asset Management industry median Return-on-Tangible-Asset is 4.24. Barings Global Short Duration High Yield Fund's value of 3.02% is 28.7% below this industry median. Based on the distribution chart, Barings Global Short Duration High Yield Fund ranks #806 out of 1636 companies in the Asset Management industry, which is above the industry midpoint. Overall, Barings Global Short Duration High Yield Fund has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barings Global Short Duration High Yield Fund's Return-on-Tangible-Asset compare to FUND and BRW?
According to the Asset Management industry distribution chart, Barings Global Short Duration High Yield Fund ranks #806 out of 1636 companies for Return-on-Tangible-Asset. This puts Barings Global Short Duration High Yield Fund in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.24. Barings Global Short Duration High Yield Fund's value of 3.02% is 28.7% below this benchmark. While the company's 10-year median is 6.27 vs. the industry median of 4.24, Barings Global Short Duration High Yield Fund has consistently been below 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. Barings Global Short Duration High Yield Fund's current Return-on-Tangible-Asset of 3.02% is 28.7% below 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 Barings Global Short Duration High Yield 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. Barings Global Short Duration High Yield Fund's current Return-on-Tangible-Asset is 3.02%, which is 52% below median its own 10-year median of 6.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barings Global Short Duration High Yield Fund stock overvalued right now?
Based on GuruFocus' analysis, Barings Global Short Duration High Yield Fund (BGH) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.56, compared to a current price of $14.29 — trading 89% above its estimated fair value. The current Return-on-Tangible-Asset is 3.02%, which is 52% below median its 10-year median of 6.27 and 28.7% below the Asset Management industry median of 4.24. Barings Global Short Duration High Yield Fund's overall GF Score™ is 40/100 with 5 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 Barings Global Short Duration High Yield Fund (BGH), the current Return-on-Tangible-Asset is 3.02% 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 Barings Global Short Duration High Yield Fund (BGH) Overvalued in 2026?
Based on GuruFocus' analysis, Barings Global Short Duration High Yield Fund stock appears to be overvalued.
The current stock price of $14.29 is trading 89% above its estimated GF Value™ of $7.56.
GuruFocus considers Barings Global Short Duration High Yield Fund to be Significantly Overvalued.
Key valuation signals for BGH:
Return-on-Tangible-Asset: 3.02% (52% below median its 10-year median of 6.27)
GF Value™: $7.56 vs. price of $14.29 (89% above fair value)
Industry Position: 28.7% below the Asset Management median (#806 of 1636)
No single metric tells the full story. See the BGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barings Global Short Duration High Yield Fund Business Description
Barings Global Short Duration High Yield Fund is a diversified, closed-end management investment company. Its investment objective is to seek as high a level of current income as the Adviser determines is consistent with capital preservation. The Fund seeks capital appreciation as a secondary investment objective when consistent with its primary investment objective. Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in bonds, loans and other income-producing instruments that are, at the time of purchase, rated below investment grade.
40GF 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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