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RENN FundRCG +0.67%35 Return-on-Tangible-Asset is 7.60% as of Dec. 2025, which is 17% below its 10-year median of 9.16. GuruFocus rates RCG with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 1,635 Asset Management companies, RENN Fund ranks worse than 50.83% 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. RENN Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was $1.50 Mil. RENN Fund's average total tangible assets for the quarter that ended in Dec. 2025 was $19.70 Mil. Therefore, RENN Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.60%.
The historical rank and industry rank for RENN Fund's Return-on-Tangible-Asset or its related term are showing as below:
RCG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -26.45 Med: 9.16 Max: 36.22
Current: 4.06
During the past 13 years, RENN Fund's highest Return-on-Tangible-Asset was 36.22%. The lowest was -26.45%. And the median was 9.16%.
RCG's Return-on-Tangible-Asset is ranked worse than 50.83% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs RCG: 4.06
RENN Fund (AMEX:RCG) 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.
RENN Fund Return-on-Tangible-Asset Related Terms
RENN Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for RENN Fund'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.
RCG vs BHV, ICMB, EQS: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, RENN Fund'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.
RENN Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, RENN Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where RENN Fund'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 7.60% mean?
RENN Fund (RCG) has a Return-on-Tangible-Asset of 7.60% 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 RENN Fund and its competitors. This is 17% below median its historical median of 9.16. According to the industry distribution chart, RENN Fund ranks #831 out of 1635 companies in the Asset Management industry, placing it in the top 50.8%.
Is RENN Fund's Return-on-Tangible-Asset too high?
RENN Fund's current Return-on-Tangible-Asset of 7.60% is 17% below median its 10-year median of 9.16. The Asset Management industry median Return-on-Tangible-Asset is 4.23. RENN Fund's value of 7.60% is 79.7% above this industry median. Based on the distribution chart, RENN Fund ranks #831 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, RENN Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does RENN Fund's Return-on-Tangible-Asset compare to BHV and ICMB?
According to the Asset Management industry distribution chart, RENN Fund ranks #831 out of 1635 companies for Return-on-Tangible-Asset. This places RENN Fund in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. RENN Fund's value of 7.60% is 79.7% above this benchmark. While the company's 10-year median is 9.16 vs. the industry median of 4.23, RENN Fund 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. RENN Fund's current Return-on-Tangible-Asset of 7.60% is 79.7% 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 RENN Fund 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. RENN Fund's current Return-on-Tangible-Asset is 7.60%, which is 17% below median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RENN Fund stock overvalued right now?
RENN Fund (RCG) has a current Return-on-Tangible-Asset of 7.60%. The current Return-on-Tangible-Asset is 7.60%, which is 17% below median its 10-year median of 9.16 and 79.7% above the Asset Management industry median of 4.23. RENN Fund's overall GF Score™ is 35/100 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 RENN Fund (RCG), the current Return-on-Tangible-Asset is 7.60% 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.
RENN Fund Inc is a registered, non-diversified, closed-end management investment company. Its investment objective is to provide shareholders with above-market rates of return through capital appreciation and income by a long-term, value oriented investment process that invests in a wide variety of financial instruments, including but not limited to, common stocks, fixed-income securities, including convertible and non-convertible debt securities or loans, distressed debt, warrants, preferred stock, exchange-traded funds and exchange-traded notes, and other instruments. To a lesser extent, the fund sells short stocks, exchange-traded funds, and exchange-traded notes. It invests in various industries, including communication services, surgical and medical instruments, oil and gas, etc.
35GF Score
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