EDD's Return-on-Tangible-Asset is ranked better than 83.49% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs EDD: 17.70
Morgan Stanley Emerging Markets Domestic Debt Fund (NYSE:EDD) 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.
Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Asset Related Terms
Morgan Stanley Emerging Markets Domestic Debt Fund 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.
Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Asset Chart
Morgan Stanley Emerging Markets Domestic Debt Fund Annual Data
EDD vs EAD, FRA, PFL: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Morgan Stanley Emerging Markets Domestic Debt Fund'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.
Morgan Stanley Emerging Markets Domestic Debt Fund Return-on-Tangible-Asset vs Asset Management Industry
* 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.61% mean?
Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) has a Return-on-Tangible-Asset of 14.61% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Morgan Stanley Emerging Markets Domestic Debt Fund and its competitors. This is 312% above median its historical median of 3.55. According to the industry distribution chart, Morgan Stanley Emerging Markets Domestic Debt Fund ranks #270 out of 1635 companies in the Asset Management industry, placing it in the top 16.5%.
Is Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Asset too high?
Morgan Stanley Emerging Markets Domestic Debt Fund's current Return-on-Tangible-Asset of 14.61% is 312% above median its 10-year median of 3.55. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Morgan Stanley Emerging Markets Domestic Debt Fund's value of 14.61% is 245.4% above this industry median. Based on the distribution chart, Morgan Stanley Emerging Markets Domestic Debt Fund ranks #270 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Morgan Stanley Emerging Markets Domestic Debt Fund has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley Emerging Markets Domestic Debt Fund's Return-on-Tangible-Asset compare to EAD and FRA?
According to the Asset Management industry distribution chart, Morgan Stanley Emerging Markets Domestic Debt Fund ranks #270 out of 1635 companies for Return-on-Tangible-Asset. This places Morgan Stanley Emerging Markets Domestic Debt Fund in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.23. Morgan Stanley Emerging Markets Domestic Debt Fund's value of 14.61% is 245.4% above this benchmark. While the company's 10-year median is 3.55 vs. the industry median of 4.23, Morgan Stanley Emerging Markets Domestic Debt Fund 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 4.23, 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. Morgan Stanley Emerging Markets Domestic Debt Fund's current Return-on-Tangible-Asset of 14.61% is 245.4% 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 Morgan Stanley Emerging Markets Domestic Debt Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley Emerging Markets Domestic Debt Fund's current Return-on-Tangible-Asset is 14.61%, which is 312% above median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley Emerging Markets Domestic Debt Fund stock overvalued right now?
Based on GuruFocus' analysis, Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) is currently considered Possible Value Trap. The stock's GF Value™ is $10.31, compared to a current price of $5.82 — trading 43.6% below its estimated fair value. The current Return-on-Tangible-Asset is 14.61%, which is 312% above median its 10-year median of 3.55 and 245.4% above the Asset Management industry median of 4.23. Morgan Stanley Emerging Markets Domestic Debt Fund's overall GF Score™ is 52/100 with 3 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 Morgan Stanley Emerging Markets Domestic Debt Fund (EDD), the current Return-on-Tangible-Asset is 14.61% as of Apr. 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 Morgan Stanley Emerging Markets Domestic Debt Fund (EDD) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Stanley Emerging Markets Domestic Debt Fund stock appears to be undervalued.
The current stock price of $5.82 is trading 43.6% below its estimated GF Value™ of $10.31.
GuruFocus considers Morgan Stanley Emerging Markets Domestic Debt Fund to be Possible Value Trap.
Key valuation signals for EDD:
Return-on-Tangible-Asset: 14.61% (312% above median its 10-year median of 3.55)
GF Value™: $10.31 vs. price of $5.82 (43.6% below fair value)
Industry Position: 245.4% above the Asset Management median (#270 of 1635)
No single metric tells the full story. See the EDD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Stanley Emerging Markets Domestic Debt Fund Business Description
Morgan Stanley Emerging Markets Domestic Debt Fund Inc is a closed-end management investment company. The company's primary investment objective is to seek a high level of current income, with a secondary investment objective of long-term capital appreciation. It seeks to achieve investment objectives by investing, under normal circumstances, at least 80% of its managed assets in emerging markets domestic debt. The fund's portfolio includes sovereign, quasi-sovereign, corporate bonds in emerging markets.
52GF 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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