Lazard Global Total Return & FdLGI -0.43%56 Return-on-Tangible-Asset is 13.94% as of Dec. 2025, which is 6% above its 10-year median of 13.18. GuruFocus rates LGI with a GF Score™ of 56/100 and a GF Value™ of $22.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,636 Asset Management companies, Lazard Global Total Return & Fd ranks better than 76.47% on this metric.
The historical rank and industry rank for Lazard Global Total Return & Fd's Return-on-Tangible-Asset or its related term are showing as below:
LGI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -18.29 Med: 13.18 Max: 22.78
Current: 12.83
During the past 9 years, Lazard Global Total Return & Fd's highest Return-on-Tangible-Asset was 22.78%. The lowest was -18.29%. And the median was 13.18%.
LGI's Return-on-Tangible-Asset is ranked better than 76.47% of 1636
companies
in the Asset Management industry
Industry Median: 4.135
vs LGI: 12.83
Lazard Global Total Return & Fd (NYSE:LGI) 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.
Lazard Global Total Return & Fd Return-on-Tangible-Asset Related Terms
Lazard Global Total Return & Fd 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.
Lazard Global Total Return & Fd Return-on-Tangible-Asset Chart
LGI vs FTF, PSF, EIC: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Lazard Global Total Return & Fd'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.
Lazard Global Total Return & Fd Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lazard Global Total Return & Fd'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 13.94% mean?
Lazard Global Total Return & Fd (LGI) has a Return-on-Tangible-Asset of 13.94% 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 Lazard Global Total Return & Fd and its competitors. This is near median its historical median of 13.18. According to the industry distribution chart, Lazard Global Total Return & Fd ranks #385 out of 1636 companies in the Asset Management industry, placing it in the top 23.5%.
Is Lazard Global Total Return & Fd's Return-on-Tangible-Asset too high?
Lazard Global Total Return & Fd's current Return-on-Tangible-Asset of 13.94% is near median its 10-year median of 13.18. The Asset Management industry median Return-on-Tangible-Asset is 4.14. Lazard Global Total Return & Fd's value of 13.94% is 237.1% above this industry median. Based on the distribution chart, Lazard Global Total Return & Fd ranks #385 out of 1636 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Lazard Global Total Return & Fd has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lazard Global Total Return & Fd's Return-on-Tangible-Asset compare to FTF and PSF?
According to the Asset Management industry distribution chart, Lazard Global Total Return & Fd ranks #385 out of 1636 companies for Return-on-Tangible-Asset. This places Lazard Global Total Return & Fd in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.14. Lazard Global Total Return & Fd's value of 13.94% is 237.1% above this benchmark. While the company's 10-year median is 13.18 vs. the industry median of 4.14, Lazard Global Total Return & Fd 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 4.14, based on 1,636 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. Lazard Global Total Return & Fd's current Return-on-Tangible-Asset of 13.94% is 237.1% 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 Lazard Global Total Return & Fd and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lazard Global Total Return & Fd's current Return-on-Tangible-Asset is 13.94%, which is near median its own 10-year median of 13.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard Global Total Return & Fd stock overvalued right now?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd (LGI) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.01, compared to a current price of $18.74 — trading 14.9% below its estimated fair value. The current Return-on-Tangible-Asset is 13.94%, which is near median its 10-year median of 13.18 and 237.1% above the Asset Management industry median of 4.14. Lazard Global Total Return & Fd's overall GF Score™ is 56/100 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 Lazard Global Total Return & Fd (LGI), the current Return-on-Tangible-Asset is 13.94% 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 Lazard Global Total Return & Fd (LGI) Overvalued in 2026?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd stock appears to be undervalued.
The current stock price of $18.74 is trading 14.9% below its estimated GF Value™ of $22.01.
GuruFocus considers Lazard Global Total Return & Fd to be Modestly Undervalued.
Key valuation signals for LGI:
Return-on-Tangible-Asset: 13.94% (near median its 10-year median of 13.18)
GF Value™: $22.01 vs. price of $18.74 (14.9% below fair value)
Industry Position: 237.1% above the Asset Management median (#385 of 1636)
No single metric tells the full story. See the LGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lazard Global Total Return & Fd Business Description
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investments consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt and others.
56GF Score
Get the complete analysis for LGI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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