Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
River GlobalLSE:RVRG Return-on-Tangible-Asset is -6.74% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,635 Asset Management companies, River Global ranks worse than 93.52% 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. River Global's annualizedNet Income for the quarter that ended in Mar. 2026 was £-3.07 Mil. River Global's average total tangible assets for the quarter that ended in Mar. 2026 was £45.49 Mil. Therefore, River Global's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.74%.
The historical rank and industry rank for River Global's Return-on-Tangible-Asset or its related term are showing as below:
LSE:RVRG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -38.97 Med: 0.96 Max: 40.47
Current: -24.89
During the past 13 years, River Global's highest Return-on-Tangible-Asset was 40.47%. The lowest was -38.97%. And the median was 0.96%.
LSE:RVRG's Return-on-Tangible-Asset is ranked worse than 93.52% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs LSE:RVRG: -24.89
River Global (LSE:RVRG) 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.
River Global Return-on-Tangible-Asset Related Terms
River Global Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for River Global'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:RVRG vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, River Global'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.
River Global Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, River Global's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where River Global'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 -6.74% mean?
River Global (LSE:RVRG) has a Return-on-Tangible-Asset of -6.74% 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 River Global and its competitors. According to the industry distribution chart, River Global ranks #1529 out of 1635 companies in the Asset Management industry, placing it in the top 93.5%.
Is River Global's Return-on-Tangible-Asset too high?
River Global's current Return-on-Tangible-Asset is -6.74%. Based on the distribution chart, River Global ranks #1529 out of 1635 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does River Global's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, River Global ranks #1529 out of 1635 companies for Return-on-Tangible-Asset. This places River Global in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. 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. 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 River Global 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. River Global's current Return-on-Tangible-Asset is -6.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is River Global stock overvalued right now?
Based on GuruFocus' analysis, River Global (LSE:RVRG) is currently considered Possible Value Trap. The stock's GF Value™ is £0.28, compared to a current price of £0.03 — trading 91.1% below its estimated fair value. The current Return-on-Tangible-Asset is -6.74%. 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 River Global (LSE:RVRG), the current Return-on-Tangible-Asset is -6.74% 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.
River Global PLC is principally involved in the provision of asset and wealth management services. The has two segment Equities and Digital Platform. For Active Equities, assets are managed by the Group and are identified by the rights attributable to A Ordinary Shareholders [RVRG]. The Digital Platform is operated via an associated company and are identified by the rights attributable to B Ordinary Shareholders [RVRB].
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:RVRG has been successfully added to your 
