FRBP (Franklin BSP Capital) Return-on-Tangible-Asset: 1.75% (As of Mar. 2026) — 51% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRBP Franklin BSP Capital Corp FRBP
8 GF Score
Price $7.88
! 4 Warning Signs
View Full Analysis

What is Franklin BSP Capital Return-on-Tangible-Asset?

Franklin BSP Capital FRBP 8 Return-on-Tangible-Asset is 1.75% as of Mar. 2026, which is 51% below its 10-year median of 3.57. GuruFocus rates FRBP with a GF Score™ of 8/100. The stock has 4 warning signs investors should review. Among 1,633 Asset Management companies, Franklin BSP Capital ranks worse than 59.77% 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. Franklin BSP Capital's annualized Net Income for the quarter that ended in Mar. 2026 was $73.9 Mil. Franklin BSP Capital's average total tangible assets for the quarter that ended in Mar. 2026 was $4,220.0 Mil. Therefore, Franklin BSP Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.75%.

The historical rank and industry rank for Franklin BSP Capital's Return-on-Tangible-Asset or its related term are showing as below:

FRBP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.31   Med: 3.57   Max: 5.38
Current: 2.31

During the past 4 years, Franklin BSP Capital's highest Return-on-Tangible-Asset was 5.38%. The lowest was 2.31%. And the median was 3.57%.

FRBP's Return-on-Tangible-Asset is ranked worse than
59.77% of 1633 companies
in the Asset Management industry
Industry Median: 4.24 vs FRBP: 2.31

Franklin BSP Capital  (OTCPK:FRBP) 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 company’s 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 company’s 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.


Franklin BSP Capital Return-on-Tangible-Asset Related Terms


Franklin BSP Capital Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Franklin BSP Capital'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.

Franklin BSP Capital Return-on-Tangible-Asset Chart

Franklin BSP Capital Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
0.00 5.38 3.57 2.48

Franklin BSP Capital Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.38 2.47 2.26 2.71 1.75

FRBP vs CRF, EOS, PSEC: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Franklin BSP Capital'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.


Franklin BSP Capital Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin BSP Capital's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Franklin BSP Capital's Return-on-Tangible-Asset falls into.


FRBP
8GF Score
Franklin BSP Capital Corp FRBP
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin BSP Capital Return-on-Tangible-Asset Calculation

Franklin BSP Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=104.318/( (4168.998+4247.887)/ 2 )
=104.318/4208.4425
=2.48 %

Franklin BSP Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=73.884/( (4247.887+4192.198)/ 2 )
=73.884/4220.0425
=1.75 %

* 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 four times the quarterly (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 1.75% mean?
Franklin BSP Capital (FRBP) has a Return-on-Tangible-Asset of 1.75% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Franklin BSP Capital and its competitors. This is 51% below median its historical median of 3.57. Over the past decade, Franklin BSP Capital's Return-on-Tangible-Asset has ranged from 2.31 to 5.38. According to the industry distribution chart, Franklin BSP Capital ranks #976 out of 1633 companies in the Asset Management industry, placing it in the top 59.8%.
Is Franklin BSP Capital's Return-on-Tangible-Asset too high?
Franklin BSP Capital's current Return-on-Tangible-Asset of 1.75% is 51% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.31 to a high of 5.38. The Asset Management industry median Return-on-Tangible-Asset is 4.24. Franklin BSP Capital's value of 1.75% is 58.7% below this industry median. Based on the distribution chart, Franklin BSP Capital ranks #976 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Franklin BSP Capital has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Franklin BSP Capital's Return-on-Tangible-Asset compare to CRF and EOS?
According to the Asset Management industry distribution chart, Franklin BSP Capital ranks #976 out of 1633 companies for Return-on-Tangible-Asset. This places Franklin BSP Capital in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.24. Franklin BSP Capital's value of 1.75% is 58.7% below this benchmark. Historically, Franklin BSP Capital's own Return-on-Tangible-Asset has ranged from 2.31 to 5.38 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 4.24, Franklin BSP Capital has consistently been below 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 4.24, based on 1,633 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. Franklin BSP Capital's current Return-on-Tangible-Asset of 1.75% is 58.7% below 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 Franklin BSP Capital and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin BSP Capital's current Return-on-Tangible-Asset is 1.75%, which is 51% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin BSP Capital stock overvalued right now?
Franklin BSP Capital (FRBP) has a current Return-on-Tangible-Asset of 1.75%. The current Return-on-Tangible-Asset is 1.75%, which is 51% below median its 10-year median of 3.57 and 58.7% below the Asset Management industry median of 4.24. Franklin BSP Capital's overall GF Score™ is 8/100 with 4 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 Franklin BSP Capital (FRBP), the current Return-on-Tangible-Asset is 1.75% as of Mar. 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.

Franklin BSP Capital Business Description

Address One Madison Avenue, Suite 1600, New York, NY, USA, 10010
Franklin BSP Capital Corp is a an externally managed, non-diversified, closed-end management investment company whose investment objective is to generate both current income capital and capital appreciation through debt and equity investments. The company invests in first and second lien senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans, and equity of predominantly private U.S. middle market companies.
8GF Score

Get the complete analysis for FRBP

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.88
Price