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British & American Investment TrustLSE:BAF Return-on-Tangible-Asset is 15.10% as of Dec. 2025. Among 1,635 Asset Management companies, British & American Investment Trust ranks worse than 94.8% on this metric.
The historical rank and industry rank for British & American Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:
LSE:BAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -34.79 Med: -3.31 Max: 16.24
Current: -34.79
During the past 13 years, British & American Investment Trust's highest Return-on-Tangible-Asset was 16.24%. The lowest was -34.79%. And the median was -3.31%.
LSE:BAF's Return-on-Tangible-Asset is ranked worse than 94.8% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs LSE:BAF: -34.79
British & American Investment Trust (LSE:BAF) 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.
British & American Investment Trust Return-on-Tangible-Asset Related Terms
British & American Investment Trust 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.
British & American Investment Trust Return-on-Tangible-Asset Chart
LSE:BAF vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, British & American Investment Trust'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.
British & American Investment Trust Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, British & American Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where British & American Investment Trust'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 15.10% mean?
British & American Investment Trust (LSE:BAF) has a Return-on-Tangible-Asset of 15.10% 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 British & American Investment Trust and its competitors. According to the industry distribution chart, British & American Investment Trust ranks #1550 out of 1635 companies in the Asset Management industry, placing it in the top 94.8%.
Is British & American Investment Trust's Return-on-Tangible-Asset too high?
British & American Investment Trust's current Return-on-Tangible-Asset is 15.10%. The Asset Management industry median Return-on-Tangible-Asset is 4.23. British & American Investment Trust's value of 15.10% is 257% above this industry median. Based on the distribution chart, British & American Investment Trust ranks #1550 out of 1635 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does British & American Investment Trust's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, British & American Investment Trust ranks #1550 out of 1635 companies for Return-on-Tangible-Asset. This places British & American Investment Trust in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. British & American Investment Trust's value of 15.10% is 257% 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. British & American Investment Trust's current Return-on-Tangible-Asset of 15.10% is 257% 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 British & American Investment Trust 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. British & American Investment Trust's current Return-on-Tangible-Asset is 15.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British & American Investment Trust stock overvalued right now?
British & American Investment Trust (LSE:BAF) has a current Return-on-Tangible-Asset of 15.10%. The current Return-on-Tangible-Asset is 15.10% and 257% above the Asset Management industry median of 4.23. 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 British & American Investment Trust (LSE:BAF), the current Return-on-Tangible-Asset is 15.10% 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.
British & American Investment Trust Business Description
British & American Investment Trust PLC is a self-managed investment trust operating in the United Kingdom. The company's policy is to invest in investment trusts and other United Kingdom and United States quoted companies to achieve a balance of income and growth.
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