BlackRock Frontiers Investment Trust (CHIX:BRFIL) Return-on-Tangible-Asset: 9.58% (As of Mar. 2026) — 14% Below Median

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CHIX:BRFIL BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
41 GF Score
Price £1.48
! 5 Warning Signs
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What is BlackRock Frontiers Investment Trust Return-on-Tangible-Asset?

BlackRock Frontiers Investment Trust CHIX:BRFIL 41 Return-on-Tangible-Asset is 9.58% as of Mar. 2026, which is 14% below its 10-year median of 11.19. GuruFocus rates CHIX:BRFIL with a GF Score™ of 41/100. The stock has 5 warning signs investors should review. Among 1,632 Asset Management companies, BlackRock Frontiers Investment Trust ranks better than 83.95% 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. BlackRock Frontiers Investment Trust's annualized Net Income for the quarter that ended in Mar. 2026 was £30.89 Mil. BlackRock Frontiers Investment Trust's average total tangible assets for the quarter that ended in Mar. 2026 was £322.58 Mil. Therefore, BlackRock Frontiers Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.58%.

The historical rank and industry rank for BlackRock Frontiers Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:

CHIX:BRFIl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.98   Med: 11.19   Max: 42.44
Current: 18.18

During the past 13 years, BlackRock Frontiers Investment Trust's highest Return-on-Tangible-Asset was 42.44%. The lowest was -20.98%. And the median was 11.19%.

CHIX:BRFIl's Return-on-Tangible-Asset is ranked better than
83.95% of 1632 companies
in the Asset Management industry
Industry Median: 4.51 vs CHIX:BRFIl: 18.18

BlackRock Frontiers Investment Trust  (CHIX:BRFIl) 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 company’s 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 company’s 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 Frontiers Investment Trust Return-on-Tangible-Asset Related Terms


BlackRock Frontiers Investment Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for BlackRock Frontiers Investment Trust'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.

BlackRock Frontiers Investment Trust Return-on-Tangible-Asset Chart

BlackRock Frontiers Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.44 -11.90 20.48 13.95 13.10

BlackRock Frontiers Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.80 7.14 0.45 25.89 9.58

CHIX:BRFIL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, BlackRock Frontiers Investment 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 Frontiers Investment Trust Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Frontiers Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where BlackRock Frontiers Investment Trust's Return-on-Tangible-Asset falls into.


CHIX:BRFIL
41GF Score
BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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BlackRock Frontiers Investment Trust Return-on-Tangible-Asset Calculation

BlackRock Frontiers Investment Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=43.562/( (320.083+345.048)/ 2 )
=43.562/332.5655
=13.10 %

BlackRock Frontiers Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=30.892/( (345.048+300.112)/ 2 )
=30.892/322.58
=9.58 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 9.58% mean?
BlackRock Frontiers Investment Trust (CHIX:BRFIL) has a Return-on-Tangible-Asset of 9.58% 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 BlackRock Frontiers Investment Trust and its competitors. This is 14% below median its historical median of 11.19. According to the industry distribution chart, BlackRock Frontiers Investment Trust ranks #262 out of 1632 companies in the Asset Management industry, placing it in the top 16.1%.
Is BlackRock Frontiers Investment Trust's Return-on-Tangible-Asset too high?
BlackRock Frontiers Investment Trust's current Return-on-Tangible-Asset of 9.58% is 14% below median its 10-year median of 11.19. The Asset Management industry median Return-on-Tangible-Asset is 4.51. BlackRock Frontiers Investment Trust's value of 9.58% is 112.4% above this industry median. Based on the distribution chart, BlackRock Frontiers Investment Trust ranks #262 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackRock Frontiers Investment Trust has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Frontiers Investment Trust's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock Frontiers Investment Trust ranks #262 out of 1632 companies for Return-on-Tangible-Asset. This places BlackRock Frontiers Investment Trust in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.51. BlackRock Frontiers Investment Trust's value of 9.58% is 112.4% above this benchmark. While the company's 10-year median is 11.19 vs. the industry median of 4.51, BlackRock Frontiers Investment 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 4.51, 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. BlackRock Frontiers Investment Trust's current Return-on-Tangible-Asset of 9.58% is 112.4% 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 Frontiers Investment Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Frontiers Investment Trust's current Return-on-Tangible-Asset is 9.58%, which is 14% below median its own 10-year median of 11.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Frontiers Investment Trust stock overvalued right now?
BlackRock Frontiers Investment Trust (CHIX:BRFIL) has a current Return-on-Tangible-Asset of 9.58%. The current Return-on-Tangible-Asset is 9.58%, which is 14% below median its 10-year median of 11.19 and 112.4% above the Asset Management industry median of 4.51. BlackRock Frontiers Investment Trust's overall GF Score™ is 41/100 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 BlackRock Frontiers Investment Trust (CHIX:BRFIL), the current Return-on-Tangible-Asset is 9.58% 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.

BlackRock Frontiers Investment Trust Business Description

Other Exchanges BRFI:UK
Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Frontiers Investment Trust PLC is an investment company based in the UK. The company's investment objective is to achieve long-term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the stock markets of such countries. It invests across other sectors like Financials, Energy, Consumer Staples, Information Technology, Communication Services, and others. The maximum revenue of the company is from investment in Financial sector, followed by Industrials and others. The company's investments are spread across the world.
41GF 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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