Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Eight Capital PartnersFRA:ECS0 38 Return-on-Tangible-Asset is 14.74% as of Dec. 2025. GuruFocus rates FRA:ECS0 with a GF Score™ of 38/100 and a GF Value™ of €0.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,635 Asset Management companies, Eight Capital Partners ranks better than 71.01% 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. Eight Capital Partners's annualizedNet Income for the quarter that ended in Dec. 2025 was €6.03 Mil. Eight Capital Partners's average total tangible assets for the quarter that ended in Dec. 2025 was €40.90 Mil. Therefore, Eight Capital Partners's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 14.74%.
The historical rank and industry rank for Eight Capital Partners's Return-on-Tangible-Asset or its related term are showing as below:
FRA:ECS0'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -88.23 Med: -9.03 Max: 75.68
Current: 10.22
During the past 13 years, Eight Capital Partners's highest Return-on-Tangible-Asset was 75.68%. The lowest was -88.23%. And the median was -9.03%.
FRA:ECS0's Return-on-Tangible-Asset is ranked better than 71.01% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs FRA:ECS0: 10.22
Eight Capital Partners (FRA:ECS0) 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.
Eight Capital Partners Return-on-Tangible-Asset Related Terms
Eight Capital Partners Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Eight Capital Partners'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.
Eight Capital Partners Return-on-Tangible-Asset Chart
FRA:ECS0 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Eight Capital Partners'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.
Eight Capital Partners Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Eight Capital Partners's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Eight Capital Partners'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 14.74% mean?
Eight Capital Partners (FRA:ECS0) has a Return-on-Tangible-Asset of 14.74% 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 Eight Capital Partners and its competitors. According to the industry distribution chart, Eight Capital Partners ranks #474 out of 1635 companies in the Asset Management industry, placing it in the top 29%.
Is Eight Capital Partners' Return-on-Tangible-Asset too high?
Eight Capital Partners' current Return-on-Tangible-Asset is 14.74%. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Eight Capital Partners' value of 14.74% is 248.5% above this industry median. Based on the distribution chart, Eight Capital Partners ranks #474 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eight Capital Partners has a GF Score™ of 38/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eight Capital Partners' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Eight Capital Partners ranks #474 out of 1635 companies for Return-on-Tangible-Asset. This puts Eight Capital Partners in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.23. Eight Capital Partners' value of 14.74% is 248.5% above this benchmark. 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. Eight Capital Partners's current Return-on-Tangible-Asset of 14.74% is 248.5% 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 Eight Capital Partners 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. Eight Capital Partners's current Return-on-Tangible-Asset is 14.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eight Capital Partners stock overvalued right now?
Based on GuruFocus' analysis, Eight Capital Partners (FRA:ECS0) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.87, compared to a current price of €0.42 — trading 52.2% below its estimated fair value. The current Return-on-Tangible-Asset is 14.74% and 248.5% above the Asset Management industry median of 4.23. Eight Capital Partners' overall GF Score™ is 38/100 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 Eight Capital Partners (FRA:ECS0), the current Return-on-Tangible-Asset is 14.74% 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 Eight Capital Partners (FRA:ECS0) Overvalued in 2026?
Based on GuruFocus' analysis, Eight Capital Partners stock appears to be undervalued.
The current stock price of €0.42 is trading 52.2% below its estimated GF Value™ of €0.87.
GuruFocus considers Eight Capital Partners to be Significantly Undervalued.
Key valuation signals for FRA:ECS0:
Return-on-Tangible-Asset: 14.74%
GF Value™: €0.87 vs. price of €0.42 (52.2% below fair value)
Industry Position: 248.5% above the Asset Management median (#474 of 1635)
No single metric tells the full story. See the FRA:ECS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eight Capital Partners PLC is engaged in providing equity, debt, and equity-related investment capital, such as convertible loans, to growing companies that are seeking capital for growth and development, consolidation or acquisition, or as pre-IPO financing. It is focused on the opportunities to invest in the technology, media, telecoms, and financial services sectors.
38GF Score
Get the complete analysis for FRA:ECS0
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
FRA:ECS0 has been successfully added to your 
