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BrederodeLUX:BREL 33 Return-on-Tangible-Asset is 13.00% as of Dec. 2025, which is 31% above its 10-year median of 9.89. GuruFocus rates LUX:BREL with a GF Score™ of 33/100 and a GF Value™ of €58.11 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,635 Asset Management companies, Brederode ranks worse than 57% 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. Brederode's annualizedNet Income for the quarter that ended in Dec. 2025 was €532.2 Mil. Brederode's average total tangible assets for the quarter that ended in Dec. 2025 was €4,095.1 Mil. Therefore, Brederode's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 13.00%.
The historical rank and industry rank for Brederode's Return-on-Tangible-Asset or its related term are showing as below:
LUX:BREL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.02 Med: 9.89 Max: 32.62
Current: 3.03
During the past 13 years, Brederode's highest Return-on-Tangible-Asset was 32.62%. The lowest was -2.02%. And the median was 9.89%.
LUX:BREL's Return-on-Tangible-Asset is ranked worse than 57% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs LUX:BREL: 3.03
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.
Brederode Return-on-Tangible-Asset Related Terms
Brederode Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Brederode'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.
LUX:BREL vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Brederode'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.
Brederode Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Brederode's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Brederode'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 13.00% mean?
Brederode (LUX:BREL) has a Return-on-Tangible-Asset of 13.00% 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 Brederode and its competitors. This is 31% above median its historical median of 9.89. According to the industry distribution chart, Brederode ranks #932 out of 1635 companies in the Asset Management industry, placing it in the top 57%.
Is Brederode's Return-on-Tangible-Asset too high?
Brederode's current Return-on-Tangible-Asset of 13.00% is 31% above median its 10-year median of 9.89. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Brederode's value of 13.00% is 207.3% above this industry median. Based on the distribution chart, Brederode ranks #932 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, Brederode has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brederode's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Brederode ranks #932 out of 1635 companies for Return-on-Tangible-Asset. This places Brederode in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. Brederode's value of 13.00% is 207.3% above this benchmark. While the company's 10-year median is 9.89 vs. the industry median of 4.23, Brederode 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 4.23, 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. Brederode's current Return-on-Tangible-Asset of 13.00% is 207.3% 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 Brederode 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. Brederode's current Return-on-Tangible-Asset is 13.00%, which is 31% above median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brederode stock overvalued right now?
Based on GuruFocus' analysis, Brederode (LUX:BREL) is currently considered Significantly Overvalued. The stock's GF Value™ is €58.11, compared to a current price of €104.80 — trading 80.3% above its estimated fair value. The current Return-on-Tangible-Asset is 13.00%, which is 31% above median its 10-year median of 9.89 and 207.3% above the Asset Management industry median of 4.23. Brederode's overall GF Score™ is 33/100 with 2 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 Brederode (LUX:BREL), the current Return-on-Tangible-Asset is 13.00% 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 Brederode (LUX:BREL) Overvalued in 2026?
Based on GuruFocus' analysis, Brederode stock appears to be overvalued.
The current stock price of €104.80 is trading 80.3% above its estimated GF Value™ of €58.11.
GuruFocus considers Brederode to be Significantly Overvalued.
Key valuation signals for LUX:BREL:
Return-on-Tangible-Asset: 13.00% (31% above median its 10-year median of 9.89)
GF Value™: €58.11 vs. price of €104.80 (80.3% above fair value)
Industry Position: 207.3% above the Asset Management median (#932 of 1635)
No single metric tells the full story. See the LUX:BREL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brederode SA is an international investment company that manages private equity portfolios and listed Securities portfolios. The company's private equity consists of long-term commitments to limited partnerships or funds. General partners bringing professional experience are grouped with institutional investors (limited partners) to comprise one of Brederode's teams. Funds tend to follow buyout strategies that focus on acquiring a controlling interest and using financial leverage in mature companies. Investments are chosen after a due diligence process that includes managerial interviews and examination of ad hoc documents. The United States comprises nearly half of Brederode's uncalled commitments and current investments.
33GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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