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Value Partners GroupFRA:9Z1 68 Return-on-Tangible-Asset is 19.06% as of Dec. 2025, which is 224% above its 10-year median of 5.88. GuruFocus rates FRA:9Z1 with a GF Score™ of 68/100 and a GF Value™ of €0.44. The stock has 6 warning signs investors should review. Among 1,632 Asset Management companies, Value Partners Group ranks better than 80.94% 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. Value Partners Group's annualizedNet Income for the quarter that ended in Dec. 2025 was €91.3 Mil. Value Partners Group's average total tangible assets for the quarter that ended in Dec. 2025 was €479.4 Mil. Therefore, Value Partners Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 19.06%.
The historical rank and industry rank for Value Partners Group's Return-on-Tangible-Asset or its related term are showing as below:
FRA:9Z1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.48 Med: 5.88 Max: 37.92
Current: 16.06
During the past 13 years, Value Partners Group's highest Return-on-Tangible-Asset was 37.92%. The lowest was -10.48%. And the median was 5.88%.
FRA:9Z1's Return-on-Tangible-Asset is ranked better than 80.94% of 1632
companies
in the Asset Management industry
Industry Median: 4.51
vs FRA:9Z1: 16.06
Value Partners Group (FRA:9Z1) 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.
Value Partners Group Return-on-Tangible-Asset Related Terms
Value Partners Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Value Partners Group'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.
Value Partners Group Return-on-Tangible-Asset Chart
FRA:9Z1 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Value Partners 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.
Value Partners Group Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Value Partners Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Value Partners 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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 19.06% mean?
Value Partners Group (FRA:9Z1) has a Return-on-Tangible-Asset of 19.06% 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 Value Partners Group and its competitors. This is 224% above median its historical median of 5.88. According to the industry distribution chart, Value Partners Group ranks #311 out of 1632 companies in the Asset Management industry, placing it in the top 19.1%.
Is Value Partners Group's Return-on-Tangible-Asset too high?
Value Partners Group's current Return-on-Tangible-Asset of 19.06% is 224% above median its 10-year median of 5.88. The Asset Management industry median Return-on-Tangible-Asset is 4.51. Value Partners Group's value of 19.06% is 322.6% above this industry median. Based on the distribution chart, Value Partners Group ranks #311 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Value Partners Group has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Value Partners Group's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Value Partners Group ranks #311 out of 1632 companies for Return-on-Tangible-Asset. This places Value Partners Group in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.51. Value Partners Group's value of 19.06% is 322.6% above this benchmark. While the company's 10-year median is 5.88 vs. the industry median of 4.51, Value Partners 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 4.51, based on 1,632 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. Value Partners Group's current Return-on-Tangible-Asset of 19.06% is 322.6% 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 Value Partners Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Value Partners Group's current Return-on-Tangible-Asset is 19.06%, which is 224% above median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Value Partners Group stock overvalued right now?
Value Partners Group (FRA:9Z1) has a current Return-on-Tangible-Asset of 19.06%. The stock's GF Value™ is €0.44, compared to a current price of €0.24 — trading 45.5% below its estimated fair value. The current Return-on-Tangible-Asset is 19.06%, which is 224% above median its 10-year median of 5.88 and 322.6% above the Asset Management industry median of 4.51. Value Partners Group's overall GF Score™ is 68/100 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 Value Partners Group (FRA:9Z1), the current Return-on-Tangible-Asset is 19.06% 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 Value Partners Group (FRA:9Z1) Overvalued in 2026?
Based on GuruFocus' analysis, Value Partners Group stock appears to be undervalued.
The current stock price of €0.24 is trading 45.5% below its estimated GF Value™ of €0.44.
Key valuation signals for FRA:9Z1:
Return-on-Tangible-Asset: 19.06% (224% above median its 10-year median of 5.88)
GF Value™: €0.44 vs. price of €0.24 (45.5% below fair value)
Industry Position: 322.6% above the Asset Management median (#311 of 1632)
No single metric tells the full story. See the FRA:9Z1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Value Partners Group Ltd offers asset management portfolios for institutional and individual clients in the Asia Pacific, Europe, and North America. Fund options include absolute return funds, fixed-income products, alternative funds, multi-asset funds, ETFs and others. The firm provides other fund opportunities under white-label and co-branded funds.
68GF Score
Get the complete analysis for FRA:9Z1
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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