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Vulcan Two GroupLSE:VUL 19 Return-on-Tangible-Asset is -45.49% as of Dec. 2025. GuruFocus rates LSE:VUL with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,637 Asset Management companies, Vulcan Two Group ranks worse than 94.93% 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. Vulcan Two Group's annualizedNet Income for the quarter that ended in Dec. 2025 was £-2.29 Mil. Vulcan Two Group's average total tangible assets for the quarter that ended in Dec. 2025 was £5.03 Mil. Therefore, Vulcan Two Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -45.49%.
The historical rank and industry rank for Vulcan Two Group's Return-on-Tangible-Asset or its related term are showing as below:
LSE:VUL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -416.67 Med: -113.32 Max: -24.35
Current: -36.5
During the past 4 years, Vulcan Two Group's highest Return-on-Tangible-Asset was -24.35%. The lowest was -416.67%. And the median was -113.32%.
LSE:VUL's Return-on-Tangible-Asset is ranked worse than 94.93% of 1637
companies
in the Asset Management industry
Industry Median: 4.33
vs LSE:VUL: -36.50
Vulcan Two Group (LSE:VUL) 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.
Vulcan Two Group Return-on-Tangible-Asset Related Terms
Vulcan Two Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Vulcan Two Group'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:VUL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Vulcan Two Group'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.
Vulcan Two Group Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vulcan Two Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vulcan Two Group'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 -45.49% mean?
Vulcan Two Group (LSE:VUL) has a Return-on-Tangible-Asset of -45.49% 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 Vulcan Two Group and its competitors. According to the industry distribution chart, Vulcan Two Group ranks #1554 out of 1637 companies in the Asset Management industry, placing it in the top 94.9%.
Is Vulcan Two Group's Return-on-Tangible-Asset too high?
Vulcan Two Group's current Return-on-Tangible-Asset is -45.49%. Based on the distribution chart, Vulcan Two Group ranks #1554 out of 1637 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Vulcan Two Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Vulcan Two Group's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Vulcan Two Group ranks #1554 out of 1637 companies for Return-on-Tangible-Asset. This places Vulcan Two Group in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.33. 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 4.33, based on 1,637 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 Vulcan Two Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Two Group's current Return-on-Tangible-Asset is -45.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Two Group stock overvalued right now?
Vulcan Two Group (LSE:VUL) has a current Return-on-Tangible-Asset of -45.49%. The current Return-on-Tangible-Asset is -45.49%. Vulcan Two Group's overall GF Score™ is 19/100 with 3 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 Vulcan Two Group (LSE:VUL), the current Return-on-Tangible-Asset is -45.49% 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.
Vulcan Two Group PLC is principally engaged in the acquisition and subsequent development of assets within a target sector or industry. The group currently consists of CloudRx, Hyperdrug and Webmed. CloudRx provides a digital end-to-end prescription fulfilment service for private prescribers. Hyperdrug is a D2C digital pharmacy and online pet store, dispensing and distributing veterinary and human medications, as well as a wide range of animal products and accessories. Webmed is a vertically integrated B2C digital pharmacy, dispensing and distributing medications through a bespoke consumer-facing eCommerce website.
19GF Score
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