Dividend Select 15DVVDF 37 Return-on-Tangible-Asset is 25.85% as of Nov. 2025, which is 172% above its 10-year median of 9.51. GuruFocus rates DVVDF with a GF Score™ of 37/100. The stock has 6 warning signs investors should review. Among 1,636 Asset Management companies, Dividend Select 15 ranks better than 78.79% 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. Dividend Select 15's annualizedNet Income for the quarter that ended in Nov. 2025 was $8.89 Mil. Dividend Select 15's average total tangible assets for the quarter that ended in Nov. 2025 was $34.38 Mil. Therefore, Dividend Select 15's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2025 was 25.85%.
The historical rank and industry rank for Dividend Select 15's Return-on-Tangible-Asset or its related term are showing as below:
DVVDF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.34 Med: 9.51 Max: 25.97
Current: 14.23
During the past 13 years, Dividend Select 15's highest Return-on-Tangible-Asset was 25.97%. The lowest was -9.34%. And the median was 9.51%.
DVVDF's Return-on-Tangible-Asset is ranked better than 78.79% of 1636
companies
in the Asset Management industry
Industry Median: 4.135
vs DVVDF: 14.23
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.
Dividend Select 15 Return-on-Tangible-Asset Related Terms
Dividend Select 15 Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Dividend Select 15'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.
DVVDF vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Dividend Select 15'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.
Dividend Select 15 Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Dividend Select 15's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Dividend Select 15'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 (Nov. 2025) net income data.
What does a Return-on-Tangible-Asset of 25.85% mean?
Dividend Select 15 (DVVDF) has a Return-on-Tangible-Asset of 25.85% as of Nov. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Dividend Select 15 and its competitors. This is 172% above median its historical median of 9.51. According to the industry distribution chart, Dividend Select 15 ranks #347 out of 1636 companies in the Asset Management industry, placing it in the top 21.2%.
Is Dividend Select 15's Return-on-Tangible-Asset too high?
Dividend Select 15's current Return-on-Tangible-Asset of 25.85% is 172% above median its 10-year median of 9.51. The Asset Management industry median Return-on-Tangible-Asset is 4.14. Dividend Select 15's value of 25.85% is 525.2% above this industry median. Based on the distribution chart, Dividend Select 15 ranks #347 out of 1636 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Dividend Select 15 has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Dividend Select 15's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend Select 15 ranks #347 out of 1636 companies for Return-on-Tangible-Asset. This places Dividend Select 15 in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.14. Dividend Select 15's value of 25.85% is 525.2% above this benchmark. While the company's 10-year median is 9.51 vs. the industry median of 4.14, Dividend Select 15 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 1,636 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. Dividend Select 15's current Return-on-Tangible-Asset of 25.85% is 525.2% 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 Dividend Select 15 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. Dividend Select 15's current Return-on-Tangible-Asset is 25.85%, which is 172% above median its own 10-year median of 9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Select 15 stock overvalued right now?
Dividend Select 15 (DVVDF) has a current Return-on-Tangible-Asset of 25.85%. The current Return-on-Tangible-Asset is 25.85%, which is 172% above median its 10-year median of 9.51 and 525.2% above the Asset Management industry median of 4.14. Dividend Select 15's overall GF Score™ is 37/100 with 6 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 Dividend Select 15 (DVVDF), the current Return-on-Tangible-Asset is 25.85% as of Nov. 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.
Dividend Select 15 Corp is a mutual fund corporation based in Canada. Its investment objective is to provide equity shareholders with monthly cash distributions, currently targeted to be at a rate of 10 percent annualized based on the volume-weighted average market price of the Equity shares for the last three trading days of the preceding month; and the opportunity for capital appreciation. The company invests in an actively managed portfolio of common shares of fifteen core large-capitalization, Canadian companies selected from a portfolio universe of over twenty companies. It employs an active covered call writing program to enhance the income earned from the portfolio.
37GF Score
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