GABELLI CONVERTIBLE &OME SECURITIES FUNDGCV +0.22%39 Return-on-Tangible-Asset is 1.44% as of Mar. 2026, which is 86% below its 10-year median of 10.00. GuruFocus rates GCV with a GF Score™ of 39/100. The stock has 4 warning signs investors should review. Among 1,634 Asset Management companies, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks better than 90.39% on this metric.
GCV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -25.08 Med: 10 Max: 24.14
Current: 23.14
During the past 8 years, GABELLI CONVERTIBLE &OME SECURITIES FUND's highest Return-on-Tangible-Asset was 24.14%. The lowest was -25.08%. And the median was 10.00%.
GCV's Return-on-Tangible-Asset is ranked better than 90.39% of 1634
companies
in the Asset Management industry
Industry Median: 4.155
vs GCV: 23.14
GABELLI CONVERTIBLE &OME SECURITIES FUND (NYSE:GCV) 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.
GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Asset Related Terms
GABELLI CONVERTIBLE &OME SECURITIES 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.
GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Asset Chart
GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
GCV vs GDL, RGT, MGF: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES 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.
GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.44% mean?
GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV) has a Return-on-Tangible-Asset of 1.44% 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 GABELLI CONVERTIBLE &OME SECURITIES FUND and its competitors. This is 86% below median its historical median of 10.00. According to the industry distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #157 out of 1634 companies in the Asset Management industry, placing it in the top 9.6%.
Is GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Asset too high?
GABELLI CONVERTIBLE &OME SECURITIES FUND's current Return-on-Tangible-Asset of 1.44% is 86% below median its 10-year median of 10.00. The Asset Management industry median Return-on-Tangible-Asset is 4.16. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 1.44% is 65.3% below this industry median. Based on the distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #157 out of 1634 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, GABELLI CONVERTIBLE &OME SECURITIES FUND has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Asset compare to GDL and RGT?
According to the Asset Management industry distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #157 out of 1634 companies for Return-on-Tangible-Asset. This places GABELLI CONVERTIBLE &OME SECURITIES FUND in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.16. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 1.44% is 65.3% below this benchmark. While the company's 10-year median is 10.00 vs. the industry median of 4.16, GABELLI CONVERTIBLE &OME SECURITIES FUND 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 4.16, based on 1,634 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. GABELLI CONVERTIBLE &OME SECURITIES FUND's current Return-on-Tangible-Asset of 1.44% is 65.3% 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 GABELLI CONVERTIBLE &OME SECURITIES FUND and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GABELLI CONVERTIBLE &OME SECURITIES FUND's current Return-on-Tangible-Asset is 1.44%, which is 86% below median its own 10-year median of 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GABELLI CONVERTIBLE &OME SECURITIES FUND stock overvalued right now?
GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV) has a current Return-on-Tangible-Asset of 1.44%. The current Return-on-Tangible-Asset is 1.44%, which is 86% below median its 10-year median of 10.00 and 65.3% below the Asset Management industry median of 4.16. GABELLI CONVERTIBLE &OME SECURITIES FUND's overall GF Score™ is 39/100 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 GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV), the current Return-on-Tangible-Asset is 1.44% 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.
GABELLI CONVERTIBLE &OME SECURITIES FUND Business Description
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Real Estate Investment Trust, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive, and others. All the operation of the group is operated through the regions of the United States.
39GF Score
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