Capricorn GroupNAM:CGP 64 Return-on-Tangible-Asset is 2.36% as of Dec. 2025, which is 8% above its 10-year median of 2.18. GuruFocus rates NAM:CGP with a GF Score™ of 64/100 and a GF Value™ of R24.10 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,527 Banks companies, Capricorn Group ranks better than 91.94% 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. Capricorn Group's annualizedNet Income for the quarter that ended in Dec. 2025 was R1,713 Mil. Capricorn Group's average total tangible assets for the quarter that ended in Dec. 2025 was R72,668 Mil. Therefore, Capricorn Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.36%.
The historical rank and industry rank for Capricorn Group's Return-on-Tangible-Asset or its related term are showing as below:
NAM:CGP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.43 Med: 2.18 Max: 2.96
Current: 2.38
During the past 13 years, Capricorn Group's highest Return-on-Tangible-Asset was 2.96%. The lowest was 1.43%. And the median was 2.18%.
NAM:CGP's Return-on-Tangible-Asset is ranked better than 91.94% of 1527
companies
in the Banks industry
Industry Median: 0.99
vs NAM:CGP: 2.38
Capricorn Group (NAM:CGP) 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.
Capricorn Group Return-on-Tangible-Asset Related Terms
Capricorn Group Return-on-Tangible-Asset Historical Data
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The historical data trend for Capricorn 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.
NAM:CGP vs PNC, USB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, Capricorn 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.
Capricorn Group Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Capricorn Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Capricorn 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 2.36% mean?
Capricorn Group (NAM:CGP) has a Return-on-Tangible-Asset of 2.36% 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 Capricorn Group and its competitors. This is near median its historical median of 2.18. Over the past decade, Capricorn Group's Return-on-Tangible-Asset has ranged from 1.43 to 2.96. According to the industry distribution chart, Capricorn Group ranks #123 out of 1527 companies in the Banks industry, placing it in the top 8.1%.
Is Capricorn Group's Return-on-Tangible-Asset too high?
Capricorn Group's current Return-on-Tangible-Asset of 2.36% is near median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 2.96. The Banks industry median Return-on-Tangible-Asset is 0.99. Capricorn Group's value of 2.36% is 138.4% above this industry median. Based on the distribution chart, Capricorn Group ranks #123 out of 1527 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Capricorn Group has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capricorn Group's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, Capricorn Group ranks #123 out of 1527 companies for Return-on-Tangible-Asset. This places Capricorn Group in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.99. Capricorn Group's value of 2.36% is 138.4% above this benchmark. Historically, Capricorn Group's own Return-on-Tangible-Asset has ranged from 1.43 to 2.96 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 0.99, Capricorn Group 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 a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 0.99, based on 1,527 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. Capricorn Group's current Return-on-Tangible-Asset of 2.36% is 138.4% 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 Capricorn Group and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Capricorn Group's current Return-on-Tangible-Asset is 2.36%, which is near median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capricorn Group stock overvalued right now?
Based on GuruFocus' analysis, Capricorn Group (NAM:CGP) is currently considered Modestly Overvalued. The stock's GF Value™ is R24.10, compared to a current price of R28.26 — trading 17.3% above its estimated fair value. The current Return-on-Tangible-Asset is 2.36%, which is near median its 10-year median of 2.18 and 138.4% above the Banks industry median of 0.99. Capricorn Group's overall GF Score™ is 64/100 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 Capricorn Group (NAM:CGP), the current Return-on-Tangible-Asset is 2.36% 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 Capricorn Group (NAM:CGP) Overvalued in 2026?
Based on GuruFocus' analysis, Capricorn Group stock appears to be overvalued.
The current stock price of R28.26 is trading 17.3% above its estimated GF Value™ of R24.10.
GuruFocus considers Capricorn Group to be Modestly Overvalued.
Key valuation signals for NAM:CGP:
Return-on-Tangible-Asset: 2.36% (near median its 10-year median of 2.18)
GF Value™: R24.10 vs. price of R28.26 (17.3% above fair value)
Industry Position: 138.4% above the Banks median (#123 of 1527)
No single metric tells the full story. See the NAM:CGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Capricorn Group Ltd is a Namibia-based financial services group. It operates as an investment holding company with interests in banking, insurance, asset management, and microlending. The banking operation is the company's two operating segments, which include banking activities in Namibia and Botswana, as well as term lending and related activities in Namibia. Other components include property development, asset management, and unit trust management. The majority of the company's revenue comes from its banking operations in Namibia.
64GF Score
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