Barings Participation InvestorsMPV -0.27%65 Return-on-Tangible-Asset is 6.95% as of Dec. 2025, which is 22% below its 10-year median of 8.92. GuruFocus rates MPV with a GF Score™ of 65/100 and a GF Value™ of $14.50 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,635 Asset Management companies, Barings Participation Investors ranks better than 60.67% on this metric.
The historical rank and industry rank for Barings Participation Investors's Return-on-Tangible-Asset or its related term are showing as below:
MPV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.24 Med: 8.92 Max: 14.5
Current: 6.64
During the past 9 years, Barings Participation Investors's highest Return-on-Tangible-Asset was 14.50%. The lowest was 2.24%. And the median was 8.92%.
MPV's Return-on-Tangible-Asset is ranked better than 60.67% of 1635
companies
in the Asset Management industry
Industry Median: 4.13
vs MPV: 6.64
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.
Barings Participation Investors Return-on-Tangible-Asset Related Terms
Barings Participation Investors 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.
MPV vs EHI, EDF, ECF: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Barings Participation Investors'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.
Barings Participation Investors Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Barings Participation Investors's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Barings Participation Investors'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 6.95% mean?
Barings Participation Investors (MPV) has a Return-on-Tangible-Asset of 6.95% 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 Barings Participation Investors and its competitors. This is 22% below median its historical median of 8.92. Over the past decade, Barings Participation Investors' Return-on-Tangible-Asset has ranged from 2.24 to 14.50. According to the industry distribution chart, Barings Participation Investors ranks #643 out of 1635 companies in the Asset Management industry, placing it in the top 39.3%.
Is Barings Participation Investors' Return-on-Tangible-Asset too high?
Barings Participation Investors' current Return-on-Tangible-Asset of 6.95% is 22% below median its 10-year median of 8.92. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 14.50. The Asset Management industry median Return-on-Tangible-Asset is 4.13. Barings Participation Investors' value of 6.95% is 68.3% above this industry median. Based on the distribution chart, Barings Participation Investors ranks #643 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, Barings Participation Investors has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barings Participation Investors' Return-on-Tangible-Asset compare to EHI and EDF?
According to the Asset Management industry distribution chart, Barings Participation Investors ranks #643 out of 1635 companies for Return-on-Tangible-Asset. This puts Barings Participation Investors in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.13. Barings Participation Investors' value of 6.95% is 68.3% above this benchmark. Historically, Barings Participation Investors' own Return-on-Tangible-Asset has ranged from 2.24 to 14.50 over the past decade. While the company's 10-year median is 8.92 vs. the industry median of 4.13, Barings Participation Investors 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 4.13, 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. Barings Participation Investors's current Return-on-Tangible-Asset of 6.95% is 68.3% 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 Barings Participation Investors and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barings Participation Investors's current Return-on-Tangible-Asset is 6.95%, which is 22% below median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barings Participation Investors stock overvalued right now?
Based on GuruFocus' analysis, Barings Participation Investors (MPV) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.50, compared to a current price of $16.33 — trading 12.6% above its estimated fair value. The current Return-on-Tangible-Asset is 6.95%, which is 22% below median its 10-year median of 8.92 and 68.3% above the Asset Management industry median of 4.13. Barings Participation Investors' overall GF Score™ is 65/100 with 5 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 Barings Participation Investors (MPV), the current Return-on-Tangible-Asset is 6.95% 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 Barings Participation Investors (MPV) Overvalued in 2026?
Based on GuruFocus' analysis, Barings Participation Investors stock appears to be overvalued.
The current stock price of $16.33 is trading 12.6% above its estimated GF Value™ of $14.50.
GuruFocus considers Barings Participation Investors to be Modestly Overvalued.
Key valuation signals for MPV:
Return-on-Tangible-Asset: 6.95% (22% below median its 10-year median of 8.92)
GF Value™: $14.50 vs. price of $16.33 (12.6% above fair value)
Industry Position: 68.3% above the Asset Management median (#643 of 1635)
No single metric tells the full story. See the MPV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barings Participation Investors Business Description
Barings Participation Investors is a diversified closed-ended management investment company. The Trust's investment objective is to maintain a portfolio of securities providing a current yield and an opportunity for capital gains. Its principal investments are privately placed, below-investment grade, long-term debt obligations including bank loans and mezzanine debt instruments. The company invests in various sectors such as aerospace and defense; automotive; building materials; consumer products and others.
65GF Score
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