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Blackrock Enhanced Global Dividend TrustBOE -0.08%59 Return-on-Tangible-Asset is 14.92% as of Dec. 2025, which is 10% above its 10-year median of 13.53. GuruFocus rates BOE with a GF Score™ of 59/100 and a GF Value™ of $15.94 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,633 Asset Management companies, Blackrock Enhanced Global Dividend Trust ranks better than 78.87% on this metric.
BOE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.9 Med: 13.53 Max: 16.57
Current: 14.38
During the past 9 years, Blackrock Enhanced Global Dividend Trust's highest Return-on-Tangible-Asset was 16.57%. The lowest was -13.90%. And the median was 13.53%.
BOE's Return-on-Tangible-Asset is ranked better than 78.87% of 1633
companies
in the Asset Management industry
Industry Median: 4.25
vs BOE: 14.38
Blackrock Enhanced Global Dividend Trust (NYSE:BOE) 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.
Blackrock Enhanced Global Dividend Trust Return-on-Tangible-Asset Related Terms
Blackrock Enhanced Global Dividend Trust 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.
Blackrock Enhanced Global Dividend Trust Return-on-Tangible-Asset Chart
Blackrock Enhanced Global Dividend Trust Annual Data
BOE vs BHK, NOAH, NMFC: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Blackrock Enhanced Global Dividend Trust'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.
Blackrock Enhanced Global Dividend Trust Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Enhanced Global Dividend Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Blackrock Enhanced Global Dividend Trust'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 14.92% mean?
Blackrock Enhanced Global Dividend Trust (BOE) has a Return-on-Tangible-Asset of 14.92% 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 Blackrock Enhanced Global Dividend Trust and its competitors. This is 10% above median its historical median of 13.53. According to the industry distribution chart, Blackrock Enhanced Global Dividend Trust ranks #345 out of 1633 companies in the Asset Management industry, placing it in the top 21.1%.
Is Blackrock Enhanced Global Dividend Trust's Return-on-Tangible-Asset too high?
Blackrock Enhanced Global Dividend Trust's current Return-on-Tangible-Asset of 14.92% is 10% above median its 10-year median of 13.53. The Asset Management industry median Return-on-Tangible-Asset is 4.25. Blackrock Enhanced Global Dividend Trust's value of 14.92% is 251.1% above this industry median. Based on the distribution chart, Blackrock Enhanced Global Dividend Trust ranks #345 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Blackrock Enhanced Global Dividend Trust has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackrock Enhanced Global Dividend Trust's Return-on-Tangible-Asset compare to BHK and NOAH?
According to the Asset Management industry distribution chart, Blackrock Enhanced Global Dividend Trust ranks #345 out of 1633 companies for Return-on-Tangible-Asset. This places Blackrock Enhanced Global Dividend Trust in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.25. Blackrock Enhanced Global Dividend Trust's value of 14.92% is 251.1% above this benchmark. While the company's 10-year median is 13.53 vs. the industry median of 4.25, Blackrock Enhanced Global Dividend Trust 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 4.25, based on 1,633 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. Blackrock Enhanced Global Dividend Trust's current Return-on-Tangible-Asset of 14.92% is 251.1% 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 Blackrock Enhanced Global Dividend Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Enhanced Global Dividend Trust's current Return-on-Tangible-Asset is 14.92%, which is 10% above median its own 10-year median of 13.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Enhanced Global Dividend Trust stock overvalued right now?
Based on GuruFocus' analysis, Blackrock Enhanced Global Dividend Trust (BOE) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.94, compared to a current price of $12.17 — trading 23.7% below its estimated fair value. The current Return-on-Tangible-Asset is 14.92%, which is 10% above median its 10-year median of 13.53 and 251.1% above the Asset Management industry median of 4.25. Blackrock Enhanced Global Dividend Trust's overall GF Score™ is 59/100 with 4 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 Blackrock Enhanced Global Dividend Trust (BOE), the current Return-on-Tangible-Asset is 14.92% 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 Blackrock Enhanced Global Dividend Trust (BOE) Overvalued in 2026?
Based on GuruFocus' analysis, Blackrock Enhanced Global Dividend Trust stock appears to be undervalued.
The current stock price of $12.17 is trading 23.7% below its estimated GF Value™ of $15.94.
GuruFocus considers Blackrock Enhanced Global Dividend Trust to be Modestly Undervalued.
Key valuation signals for BOE:
Return-on-Tangible-Asset: 14.92% (10% above median its 10-year median of 13.53)
GF Value™: $15.94 vs. price of $12.17 (23.7% below fair value)
Industry Position: 251.1% above the Asset Management median (#345 of 1633)
No single metric tells the full story. See the BOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blackrock Enhanced Global Dividend Trust Business Description
Blackrock Enhanced Global Dividend Trust is a closed-end management investment company. Its investment objective is to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. The Trust seeks to achieve its investment objectives by investing in equity securities issued by companies located in countries throughout the world.
59GF 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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