The historical rank and industry rank for Diamond Hill Investment Group's Return-on-Tangible-Asset or its related term are showing as below:
DHIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.43 Med: 18.24 Max: 27.02
Current: 19.55
During the past 13 years, Diamond Hill Investment Group's highest Return-on-Tangible-Asset was 27.02%. The lowest was 14.43%. And the median was 18.24%.
DHIL's Return-on-Tangible-Asset is not ranked
in the Asset Management industry.
Industry Median: 4.14
vs DHIL: 19.55
Diamond Hill Investment Group (NAS:DHIL) 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.
Diamond Hill Investment Group Return-on-Tangible-Asset Related Terms
Diamond Hill Investment Group 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.
Diamond Hill Investment Group Return-on-Tangible-Asset Chart
DHIL vs IGD, HPS, ETO: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Diamond Hill Investment Group'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.
Diamond Hill Investment Group Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Diamond Hill Investment Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Diamond Hill Investment Group'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 four times the quarterly (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 14.37% mean?
Diamond Hill Investment Group (DHIL) has a Return-on-Tangible-Asset of 14.37% 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 Diamond Hill Investment Group and its competitors. This is 21% below median its historical median of 18.24. Over the past decade, Diamond Hill Investment Group's Return-on-Tangible-Asset has ranged from 14.43 to 27.02.
Is Diamond Hill Investment Group's Return-on-Tangible-Asset too high?
Diamond Hill Investment Group's current Return-on-Tangible-Asset of 14.37% is 21% below median its 10-year median of 18.24. Over the past 10 years, this metric has ranged from a low of 14.43 to a high of 27.02. The Asset Management industry median Return-on-Tangible-Asset is 4.14. Diamond Hill Investment Group's value of 14.37% is 247.1% above this industry median. Overall, Diamond Hill Investment Group has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Diamond Hill Investment Group's Return-on-Tangible-Asset compare to IGD and HPS?
Diamond Hill Investment Group's Return-on-Tangible-Asset of 14.37% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Asset is 4.14. Diamond Hill Investment Group's value of 14.37% is 247.1% above this benchmark. Historically, Diamond Hill Investment Group's own Return-on-Tangible-Asset has ranged from 14.43 to 27.02 over the past decade. While the company's 10-year median is 18.24 vs. the industry median of 4.14, Diamond Hill Investment Group 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 4.14, based on 1,635 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. Diamond Hill Investment Group's current Return-on-Tangible-Asset of 14.37% is 247.1% 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 Diamond Hill Investment Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diamond Hill Investment Group's current Return-on-Tangible-Asset is 14.37%, which is 21% below median its own 10-year median of 18.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diamond Hill Investment Group stock overvalued right now?
Diamond Hill Investment Group (DHIL) has a current Return-on-Tangible-Asset of 14.37%. The stock's GF Value™ is $170.76, compared to a current price of $174.99 — trading 2.5% above its estimated fair value. The current Return-on-Tangible-Asset is 14.37%, which is 21% below median its 10-year median of 18.24 and 247.1% above the Asset Management industry median of 4.14. Diamond Hill Investment Group's overall GF Score™ is 53/100 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 Diamond Hill Investment Group (DHIL), the current Return-on-Tangible-Asset is 14.37% 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 Diamond Hill Investment Group (DHIL) Overvalued in 2026?
Based on GuruFocus' analysis, Diamond Hill Investment Group stock appears to be overvalued.
The current stock price of $174.99 is trading 2.5% above its estimated GF Value™ of $170.76.
Key valuation signals for DHIL:
Return-on-Tangible-Asset: 14.37% (21% below median its 10-year median of 18.24)
GF Value™: $170.76 vs. price of $174.99 (2.5% above fair value)
Industry Position: 247.1% above the Asset Management median
No single metric tells the full story. See the DHIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diamond Hill Investment Group Business Description
Diamond Hill Investment Group Inc derives its consolidated revenues and net income from investment advisory and fund administration services provided by its subsidiary. It is a registered investment adviser. The company is the investment adviser and administrator for the Proprietary Funds. It also provides investment advisory services to DHMF, SMAs, CITs, other pooled vehicles including sub-advised funds, and model delivery programs.
53GF Score
Get the complete analysis for DHIL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DHIL has been successfully added to your 
