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Bankers Investment TrustNZSE:BIT +1.60%35 Return-on-Tangible-Asset is 4.97% as of Apr. 2026, which is 60% below its 10-year median of 12.29. GuruFocus rates NZSE:BIT with a GF Score™ of 35/100. The stock has 4 warning signs investors should review. Among 1,637 Asset Management companies, Bankers Investment Trust ranks better than 86.93% 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. Bankers Investment Trust's annualizedNet Income for the quarter that ended in Apr. 2026 was NZ$184.5 Mil. Bankers Investment Trust's average total tangible assets for the quarter that ended in Apr. 2026 was NZ$3,711.0 Mil. Therefore, Bankers Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 4.97%.
The historical rank and industry rank for Bankers Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:
NZSE:BIT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.08 Med: 12.29 Max: 21.62
Current: 20.75
During the past 13 years, Bankers Investment Trust's highest Return-on-Tangible-Asset was 21.62%. The lowest was -11.08%. And the median was 12.29%.
NZSE:BIT's Return-on-Tangible-Asset is ranked better than 86.93% of 1637
companies
in the Asset Management industry
Industry Median: 4.39
vs NZSE:BIT: 20.75
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.
Bankers Investment Trust Return-on-Tangible-Asset Related Terms
Bankers Investment Trust Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Bankers Investment Trust'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.
NZSE:BIT vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Bankers Investment Trust'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.
Bankers Investment Trust Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Bankers Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Bankers Investment Trust'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.97% mean?
Bankers Investment Trust (NZSE:BIT) has a Return-on-Tangible-Asset of 4.97% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Bankers Investment Trust and its competitors. This is 60% below median its historical median of 12.29. According to the industry distribution chart, Bankers Investment Trust ranks #214 out of 1637 companies in the Asset Management industry, placing it in the top 13.1%.
Is Bankers Investment Trust's Return-on-Tangible-Asset too high?
Bankers Investment Trust's current Return-on-Tangible-Asset of 4.97% is 60% below median its 10-year median of 12.29. The Asset Management industry median Return-on-Tangible-Asset is 4.39. Bankers Investment Trust's value of 4.97% is 13.2% above this industry median. Based on the distribution chart, Bankers Investment Trust ranks #214 out of 1637 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Bankers Investment Trust has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Bankers Investment Trust's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Bankers Investment Trust ranks #214 out of 1637 companies for Return-on-Tangible-Asset. This places Bankers Investment Trust in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.39. Bankers Investment Trust's value of 4.97% is 13.2% above this benchmark. While the company's 10-year median is 12.29 vs. the industry median of 4.39, Bankers Investment Trust 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 4.39, 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. Bankers Investment Trust's current Return-on-Tangible-Asset of 4.97% is 13.2% 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 Bankers Investment Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bankers Investment Trust's current Return-on-Tangible-Asset is 4.97%, which is 60% below median its own 10-year median of 12.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bankers Investment Trust stock overvalued right now?
Bankers Investment Trust (NZSE:BIT) has a current Return-on-Tangible-Asset of 4.97%. The current Return-on-Tangible-Asset is 4.97%, which is 60% below median its 10-year median of 12.29 and 13.2% above the Asset Management industry median of 4.39. Bankers Investment Trust's overall GF Score™ is 35/100 with 4 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 Bankers Investment Trust (NZSE:BIT), the current Return-on-Tangible-Asset is 4.97% as of Apr. 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.
Bankers Investment Trust PLC is a UK-based investment trust company. The company's investment objective is to achieve capital growth in excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index. Its investments include Equities, Debt securities, cash investments, investment trusts, collective funds, and derivatives. Its geographical segments are the United Kingdom and Pan Europe, North America, Japan, and Pan Asia. it generate maximum Revenue from Bank Interest.
35GF Score
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