Virtus Stone Harbor Emerging Marketsome FundEDF -0.18%32 Return-on-Tangible-Asset is 19.88% as of Nov. 2025, which is 455% above its 10-year median of 3.58. GuruFocus rates EDF with a GF Score™ of 32/100. The stock has 9 warning signs investors should review. Among 1,636 Asset Management companies, Virtus Stone Harbor Emerging Marketsome Fund ranks better than 78.55% on this metric.
EDF's Return-on-Tangible-Asset is ranked better than 78.55% of 1636
companies
in the Asset Management industry
Industry Median: 4.135
vs EDF: 14.08
Virtus Stone Harbor Emerging Marketsome Fund (NYSE:EDF) 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.
Virtus Stone Harbor Emerging Marketsome Fund Return-on-Tangible-Asset Related Terms
Virtus Stone Harbor Emerging Marketsome 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.
Virtus Stone Harbor Emerging Marketsome Fund Return-on-Tangible-Asset Chart
Virtus Stone Harbor Emerging Marketsome Fund Annual Data
EDF vs ECF, DHF, HGLB: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Virtus Stone Harbor Emerging Marketsome 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.
Virtus Stone Harbor Emerging Marketsome Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Stone Harbor Emerging Marketsome Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Virtus Stone Harbor Emerging Marketsome Fund'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 19.88% mean?
Virtus Stone Harbor Emerging Marketsome Fund (EDF) has a Return-on-Tangible-Asset of 19.88% 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 Virtus Stone Harbor Emerging Marketsome Fund and its competitors. This is 455% above median its historical median of 3.58. According to the industry distribution chart, Virtus Stone Harbor Emerging Marketsome Fund ranks #351 out of 1636 companies in the Asset Management industry, placing it in the top 21.5%.
Is Virtus Stone Harbor Emerging Marketsome Fund's Return-on-Tangible-Asset too high?
Virtus Stone Harbor Emerging Marketsome Fund's current Return-on-Tangible-Asset of 19.88% is 455% above median its 10-year median of 3.58. The Asset Management industry median Return-on-Tangible-Asset is 4.14. Virtus Stone Harbor Emerging Marketsome Fund's value of 19.88% is 380.8% above this industry median. Based on the distribution chart, Virtus Stone Harbor Emerging Marketsome Fund ranks #351 out of 1636 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Virtus Stone Harbor Emerging Marketsome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Virtus Stone Harbor Emerging Marketsome Fund's Return-on-Tangible-Asset compare to ECF and DHF?
According to the Asset Management industry distribution chart, Virtus Stone Harbor Emerging Marketsome Fund ranks #351 out of 1636 companies for Return-on-Tangible-Asset. This places Virtus Stone Harbor Emerging Marketsome Fund in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.14. Virtus Stone Harbor Emerging Marketsome Fund's value of 19.88% is 380.8% above this benchmark. While the company's 10-year median is 3.58 vs. the industry median of 4.14, Virtus Stone Harbor Emerging Marketsome 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 4.14, 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. Virtus Stone Harbor Emerging Marketsome Fund's current Return-on-Tangible-Asset of 19.88% is 380.8% 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 Virtus Stone Harbor Emerging Marketsome Fund 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. Virtus Stone Harbor Emerging Marketsome Fund's current Return-on-Tangible-Asset is 19.88%, which is 455% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Stone Harbor Emerging Marketsome Fund stock overvalued right now?
Virtus Stone Harbor Emerging Marketsome Fund (EDF) has a current Return-on-Tangible-Asset of 19.88%. The current Return-on-Tangible-Asset is 19.88%, which is 455% above median its 10-year median of 3.58 and 380.8% above the Asset Management industry median of 4.14. Virtus Stone Harbor Emerging Marketsome Fund's overall GF Score™ is 32/100 with 9 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 Virtus Stone Harbor Emerging Marketsome Fund (EDF), the current Return-on-Tangible-Asset is 19.88% 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.
Virtus Stone Harbor Emerging Marketsome Fund Business Description
Virtus Stone Harbor Emerging Markets Income Fund is a closed-end management investment company. Its investment objective is to maximize total return, which consists of income from its investments and capital appreciation. The Fund normally will invest at least 80% of its net assets (plus any borrowings for investment purposes) in emerging markets securities.
32GF Score
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