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Caledonia InvestmentsLSE:CLDN -0.13%62 Return-on-Tangible-Asset is 0.54% as of Mar. 2026, which is 91% below its 10-year median of 5.77. GuruFocus rates LSE:CLDN with a GF Score™ of 62/100 and a GF Value™ of £3.27 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,633 Asset Management companies, Caledonia Investments ranks better than 51.13% 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. Caledonia Investments's annualizedNet Income for the quarter that ended in Mar. 2026 was £16.4 Mil. Caledonia Investments's average total tangible assets for the quarter that ended in Mar. 2026 was £3,010.3 Mil. Therefore, Caledonia Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.54%.
The historical rank and industry rank for Caledonia Investments's Return-on-Tangible-Asset or its related term are showing as below:
LSE:CLDN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.95 Med: 5.77 Max: 24.02
Current: 4.52
During the past 13 years, Caledonia Investments's highest Return-on-Tangible-Asset was 24.02%. The lowest was -8.95%. And the median was 5.77%.
LSE:CLDN's Return-on-Tangible-Asset is ranked better than 51.13% of 1633
companies
in the Asset Management industry
Industry Median: 4.25
vs LSE:CLDN: 4.52
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.
Caledonia Investments Return-on-Tangible-Asset Related Terms
Caledonia Investments Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Caledonia Investments'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.
LSE:CLDN vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Caledonia Investments'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.
Caledonia Investments Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Caledonia Investments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Caledonia Investments'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 0.54% mean?
Caledonia Investments (LSE:CLDN) has a Return-on-Tangible-Asset of 0.54% 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 Caledonia Investments and its competitors. This is 91% below median its historical median of 5.77. According to the industry distribution chart, Caledonia Investments ranks #798 out of 1633 companies in the Asset Management industry, placing it in the top 48.9%.
Is Caledonia Investments' Return-on-Tangible-Asset too high?
Caledonia Investments' current Return-on-Tangible-Asset of 0.54% is 91% below median its 10-year median of 5.77. The Asset Management industry median Return-on-Tangible-Asset is 4.25. Caledonia Investments' value of 0.54% is 87.3% below this industry median. Based on the distribution chart, Caledonia Investments ranks #798 out of 1633 companies in the Asset Management industry, which is above the industry midpoint. Overall, Caledonia Investments has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Investments' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Caledonia Investments ranks #798 out of 1633 companies for Return-on-Tangible-Asset. This puts Caledonia Investments in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.25. Caledonia Investments' value of 0.54% is 87.3% below this benchmark. While the company's 10-year median is 5.77 vs. the industry median of 4.25, Caledonia Investments 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 4.25, 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. Caledonia Investments's current Return-on-Tangible-Asset of 0.54% is 87.3% 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 Caledonia Investments and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caledonia Investments's current Return-on-Tangible-Asset is 0.54%, which is 91% below median its own 10-year median of 5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Investments stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Investments (LSE:CLDN) is currently considered Modestly Overvalued. The stock's GF Value™ is £3.27, compared to a current price of £3.82 — trading 16.8% above its estimated fair value. The current Return-on-Tangible-Asset is 0.54%, which is 91% below median its 10-year median of 5.77 and 87.3% below the Asset Management industry median of 4.25. Caledonia Investments' overall GF Score™ is 62/100 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 Caledonia Investments (LSE:CLDN), the current Return-on-Tangible-Asset is 0.54% 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.
Is Caledonia Investments (LSE:CLDN) Overvalued in 2026?
Based on GuruFocus' analysis, Caledonia Investments stock appears to be overvalued.
The current stock price of £3.82 is trading 16.8% above its estimated GF Value™ of £3.27.
GuruFocus considers Caledonia Investments to be Modestly Overvalued.
Key valuation signals for LSE:CLDN:
Return-on-Tangible-Asset: 0.54% (91% below median its 10-year median of 5.77)
GF Value™: £3.27 vs. price of £3.82 (16.8% above fair value)
Industry Position: 87.3% below the Asset Management median (#798 of 1633)
No single metric tells the full story. See the LSE:CLDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caledonia Investments PLC is an investment trust company. It invest in both listed and private markets across three pools: Public Companies, Private Capital and Funds. It has presence in United States, United Kingdom, and others. The company generates majority of Income from United States.
62GF Score
Get the complete analysis for LSE:CLDN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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