Polar Capital HoldingsPLRRF +16.32%82 Return-on-Tangible-Asset is 34.17% as of Mar. 2026, which is 53% above its 10-year median of 22.35. GuruFocus rates PLRRF with a GF Score™ of 82/100 and a GF Value™ of $7.83 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,634 Asset Management companies, Polar Capital Holdings ranks better than 92.66% 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. Polar Capital Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was $102.0 Mil. Polar Capital Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was $298.5 Mil. Therefore, Polar Capital Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 34.17%.
The historical rank and industry rank for Polar Capital Holdings's Return-on-Tangible-Asset or its related term are showing as below:
PLRRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.53 Med: 22.35 Max: 35.3
Current: 26.47
During the past 13 years, Polar Capital Holdings's highest Return-on-Tangible-Asset was 35.30%. The lowest was 15.53%. And the median was 22.35%.
PLRRF's Return-on-Tangible-Asset is ranked better than 92.66% of 1634
companies
in the Asset Management industry
Industry Median: 4.155
vs PLRRF: 26.47
Polar Capital Holdings (OTCPK:PLRRF) 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.
Polar Capital Holdings Return-on-Tangible-Asset Related Terms
Polar Capital Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Polar Capital Holdings'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.
Polar Capital Holdings Return-on-Tangible-Asset Chart
PLRRF vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Polar Capital Holdings'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.
Polar Capital Holdings Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Polar Capital Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Polar Capital Holdings'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 34.17% mean?
Polar Capital Holdings (PLRRF) has a Return-on-Tangible-Asset of 34.17% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Polar Capital Holdings and its competitors. This is 53% above median its historical median of 22.35. Over the past decade, Polar Capital Holdings' Return-on-Tangible-Asset has ranged from 15.53 to 35.30. According to the industry distribution chart, Polar Capital Holdings ranks #120 out of 1634 companies in the Asset Management industry, placing it in the top 7.3%.
Is Polar Capital Holdings' Return-on-Tangible-Asset too high?
Polar Capital Holdings' current Return-on-Tangible-Asset of 34.17% is 53% above median its 10-year median of 22.35. Over the past 10 years, this metric has ranged from a low of 15.53 to a high of 35.30. The Asset Management industry median Return-on-Tangible-Asset is 4.16. Polar Capital Holdings' value of 34.17% is 722.4% above this industry median. Based on the distribution chart, Polar Capital Holdings ranks #120 out of 1634 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Polar Capital Holdings has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Holdings' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Holdings ranks #120 out of 1634 companies for Return-on-Tangible-Asset. This places Polar Capital Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.16. Polar Capital Holdings' value of 34.17% is 722.4% above this benchmark. Historically, Polar Capital Holdings' own Return-on-Tangible-Asset has ranged from 15.53 to 35.30 over the past decade. While the company's 10-year median is 22.35 vs. the industry median of 4.16, Polar Capital Holdings 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 4.16, based on 1,634 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. Polar Capital Holdings's current Return-on-Tangible-Asset of 34.17% is 722.4% 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 Polar Capital Holdings and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Capital Holdings's current Return-on-Tangible-Asset is 34.17%, which is 53% above median its own 10-year median of 22.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Holdings stock overvalued right now?
Based on GuruFocus' analysis, Polar Capital Holdings (PLRRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.83, compared to a current price of $10.76 — trading 37.4% above its estimated fair value. The current Return-on-Tangible-Asset is 34.17%, which is 53% above median its 10-year median of 22.35 and 722.4% above the Asset Management industry median of 4.16. Polar Capital Holdings' overall GF Score™ is 82/100 with 8 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 Polar Capital Holdings (PLRRF), the current Return-on-Tangible-Asset is 34.17% as of Mar. 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.
Is Polar Capital Holdings (PLRRF) Overvalued in 2026?
Based on GuruFocus' analysis, Polar Capital Holdings stock appears to be overvalued.
The current stock price of $10.76 is trading 37.4% above its estimated GF Value™ of $7.83.
GuruFocus considers Polar Capital Holdings to be Significantly Overvalued.
Key valuation signals for PLRRF:
Return-on-Tangible-Asset: 34.17% (53% above median its 10-year median of 22.35)
GF Value™: $7.83 vs. price of $10.76 (37.4% above fair value)
Industry Position: 722.4% above the Asset Management median (#120 of 1634)
No single metric tells the full story. See the PLRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polar Capital Holdings PLC is a specialist investment management company. It offers professional and institutional investors a range of geographical and sector funds. The company has long-only and absolute return funds in its product range. The company offers fundamental funds that are diversified by asset class, geography, sector, and structure. The company has one operating segment, which is investment management. It operates in the United Kingdom, Ireland, Cayman Islands, Rest of Europe, United States of America, and Rest of the world. The group's revenue-generating operations are in London and Zurich.
82GF Score
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