IIF (Morgan Stanley India Investment Fund,) Return-on-Tangible-Asset: -8.21% (As of Dec. 2025)


IIF Morgan Stanley India Investment Fund, Inc. IIF
30 GF Score
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What is Morgan Stanley India Investment Fund, Return-on-Tangible-Asset?

Morgan Stanley India Investment Fund, IIF +0.04% 30 Return-on-Tangible-Asset is -8.21% as of Dec. 2025. GuruFocus rates IIF with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 1,631 Asset Management companies, Morgan Stanley India Investment Fund, ranks worse than 79.71% 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. Morgan Stanley India Investment Fund,'s annualized Net Income for the quarter that ended in Dec. 2025 was $-25.34 Mil. Morgan Stanley India Investment Fund,'s average total tangible assets for the quarter that ended in Dec. 2025 was $308.75 Mil. Therefore, Morgan Stanley India Investment Fund,'s annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -8.21%.

The historical rank and industry rank for Morgan Stanley India Investment Fund,'s Return-on-Tangible-Asset or its related term are showing as below:

IIF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -22.7   Med: 4.25   Max: 30.94
Current: -1.91

During the past 9 years, Morgan Stanley India Investment Fund,'s highest Return-on-Tangible-Asset was 30.94%. The lowest was -22.70%. And the median was 4.25%.

IIF's Return-on-Tangible-Asset is ranked worse than
79.71% of 1631 companies
in the Asset Management industry
Industry Median: 4.08 vs IIF: -1.91

Morgan Stanley India Investment Fund,  (NYSE:IIF) 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.


Morgan Stanley India Investment Fund, Return-on-Tangible-Asset Related Terms


Morgan Stanley India Investment Fund, Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Morgan Stanley India Investment Fund,'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.

Morgan Stanley India Investment Fund, Return-on-Tangible-Asset Chart

Morgan Stanley India Investment Fund, Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 24.74 -10.64 16.03 19.25 -1.90

Morgan Stanley India Investment Fund, Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.77 34.23 4.55 3.98 -8.21

IIF vs TSI, PNNT, BXSY: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Morgan Stanley India Investment 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.


Morgan Stanley India Investment Fund, Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Morgan Stanley India Investment Fund,'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Morgan Stanley India Investment Fund,'s Return-on-Tangible-Asset falls into.


IIF
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Morgan Stanley India Investment Fund, Inc. IIF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Morgan Stanley India Investment Fund, Return-on-Tangible-Asset Calculation

Morgan Stanley India Investment Fund,'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 )
=-6.119/( (341.611+300.968)/ 2 )
=-6.119/321.2895
=-1.90 %

Morgan Stanley India Investment Fund,'s annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-25.336/( (316.537+300.968)/ 2 )
=-25.336/308.7525
=-8.21 %

* 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 -8.21% mean?
Morgan Stanley India Investment Fund, (IIF) has a Return-on-Tangible-Asset of -8.21% 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 Morgan Stanley India Investment Fund, and its competitors. According to the industry distribution chart, Morgan Stanley India Investment Fund, ranks #1300 out of 1631 companies in the Asset Management industry, placing it in the top 79.7%.
Is Morgan Stanley India Investment Fund,'s Return-on-Tangible-Asset too high?
Morgan Stanley India Investment Fund,'s current Return-on-Tangible-Asset is -8.21%. Based on the distribution chart, Morgan Stanley India Investment Fund, ranks #1300 out of 1631 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Morgan Stanley India Investment Fund, has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Morgan Stanley India Investment Fund,'s Return-on-Tangible-Asset compare to TSI and PNNT?
According to the Asset Management industry distribution chart, Morgan Stanley India Investment Fund, ranks #1300 out of 1631 companies for Return-on-Tangible-Asset. This places Morgan Stanley India Investment Fund, in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.08. 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 4.08, based on 1,631 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. 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 Morgan Stanley India Investment Fund, and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Stanley India Investment Fund,'s current Return-on-Tangible-Asset is -8.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Stanley India Investment Fund, stock overvalued right now?
Morgan Stanley India Investment Fund, (IIF) has a current Return-on-Tangible-Asset of -8.21%. The current Return-on-Tangible-Asset is -8.21%. Morgan Stanley India Investment Fund,'s overall GF Score™ is 30/100 with 1 warning sign 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 Morgan Stanley India Investment Fund, (IIF), the current Return-on-Tangible-Asset is -8.21% 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.

Morgan Stanley India Investment Fund, Business Description

Address 1585 Broadway, New York, NY, USA, 10036
Morgan Stanley India Investment Fund, Inc. is the United States based non-diversified, closed-end management investment company. Its investment objective is to achieve long-term capital appreciation through investment in equity securities of Indian Issuers. The company's portfolio of investments consists of the investment in different sectors such as auto components, banks, capital markets, construction and engineering, pharmaceuticals and others.
30GF Score

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

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