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HICL InfrastructureCHIX:HICLL 60 Return-on-Tangible-Asset is 9.73% as of Mar. 2026, which is 72% above its 10-year median of 5.67. GuruFocus rates CHIX:HICLL with a GF Score™ of 60/100 and a GF Value™ of £3.06. The stock has 4 warning signs investors should review. Among 1,633 Asset Management companies, HICL Infrastructure ranks better than 67.97% 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. HICL Infrastructure's annualizedNet Income for the quarter that ended in Mar. 2026 was £294.2 Mil. HICL Infrastructure's average total tangible assets for the quarter that ended in Mar. 2026 was £3,024.7 Mil. Therefore, HICL Infrastructure's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.73%.
The historical rank and industry rank for HICL Infrastructure's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:HICLl'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.93 Med: 5.67 Max: 12.2
Current: 8.81
During the past 13 years, HICL Infrastructure's highest Return-on-Tangible-Asset was 12.20%. The lowest was 0.93%. And the median was 5.67%.
CHIX:HICLl's Return-on-Tangible-Asset is ranked better than 67.97% of 1633
companies
in the Asset Management industry
Industry Median: 4.24
vs CHIX:HICLl: 8.81
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.
HICL Infrastructure Return-on-Tangible-Asset Related Terms
HICL Infrastructure Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for HICL Infrastructure'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.
CHIX:HICLL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, HICL Infrastructure'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.
HICL Infrastructure Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, HICL Infrastructure's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where HICL Infrastructure'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.73% mean?
HICL Infrastructure (CHIX:HICLL) has a Return-on-Tangible-Asset of 9.73% 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 HICL Infrastructure and its competitors. This is 72% above median its historical median of 5.67. Over the past decade, HICL Infrastructure's Return-on-Tangible-Asset has ranged from 0.93 to 12.20. According to the industry distribution chart, HICL Infrastructure ranks #523 out of 1633 companies in the Asset Management industry, placing it in the top 32%.
Is HICL Infrastructure's Return-on-Tangible-Asset too high?
HICL Infrastructure's current Return-on-Tangible-Asset of 9.73% is 72% above median its 10-year median of 5.67. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 12.20. The Asset Management industry median Return-on-Tangible-Asset is 4.24. HICL Infrastructure's value of 9.73% is 129.5% above this industry median. Based on the distribution chart, HICL Infrastructure ranks #523 out of 1633 companies in the Asset Management industry, which is above the industry midpoint. Overall, HICL Infrastructure has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does HICL Infrastructure's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, HICL Infrastructure ranks #523 out of 1633 companies for Return-on-Tangible-Asset. This puts HICL Infrastructure in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.24. HICL Infrastructure's value of 9.73% is 129.5% above this benchmark. Historically, HICL Infrastructure's own Return-on-Tangible-Asset has ranged from 0.93 to 12.20 over the past decade. While the company's 10-year median is 5.67 vs. the industry median of 4.24, HICL Infrastructure 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 4.24, 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. HICL Infrastructure's current Return-on-Tangible-Asset of 9.73% is 129.5% 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 HICL Infrastructure 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. HICL Infrastructure's current Return-on-Tangible-Asset is 9.73%, which is 72% above median its own 10-year median of 5.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HICL Infrastructure stock overvalued right now?
HICL Infrastructure (CHIX:HICLL) has a current Return-on-Tangible-Asset of 9.73%. The stock's GF Value™ is £3.06, compared to a current price of £1.23 — trading 59.7% below its estimated fair value. The current Return-on-Tangible-Asset is 9.73%, which is 72% above median its 10-year median of 5.67 and 129.5% above the Asset Management industry median of 4.24. HICL Infrastructure's overall GF Score™ is 60/100 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 HICL Infrastructure (CHIX:HICLL), the current Return-on-Tangible-Asset is 9.73% 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 HICL Infrastructure (CHIX:HICLL) Overvalued in 2026?
Based on GuruFocus' analysis, HICL Infrastructure stock appears to be undervalued.
The current stock price of £1.23 is trading 59.7% below its estimated GF Value™ of £3.06.
Key valuation signals for CHIX:HICLL:
Return-on-Tangible-Asset: 9.73% (72% above median its 10-year median of 5.67)
GF Value™: £3.06 vs. price of £1.23 (59.7% below fair value)
Industry Position: 129.5% above the Asset Management median (#523 of 1633)
No single metric tells the full story. See the CHIX:HICLL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HICL Infrastructure PLC is a closed-ended investment company based in the United Kingdom. The company directs its investments toward infrastructure projects with special emphasis on Public-Private Partnerships companies, Regulated infrastructure, and Demand-based infrastructure companies. The Company's geographical segments based on its investments are the United Kingdom, the European Union, North America, and Australia/New Zealand.
60GF Score
Get the complete analysis for CHIX:HICLL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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