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Canadian General InvestmentsTSX:CGI -0.78%55 Return-on-Tangible-Asset is 25.43% as of Dec. 2025, which is 67% above its 10-year median of 15.19. GuruFocus rates TSX:CGI with a GF Score™ of 55/100 and a GF Value™ of C$55.86 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,635 Asset Management companies, Canadian General Investments ranks better than 80% on this metric.
The historical rank and industry rank for Canadian General Investments's Return-on-Tangible-Asset or its related term are showing as below:
TSX:CGI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.4 Med: 15.19 Max: 26.7
Current: 14.94
During the past 13 years, Canadian General Investments's highest Return-on-Tangible-Asset was 26.70%. The lowest was -19.40%. And the median was 15.19%.
TSX:CGI's Return-on-Tangible-Asset is ranked better than 80% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs TSX:CGI: 14.94
Canadian General Investments (TSX:CGI) 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.
Canadian General Investments Return-on-Tangible-Asset Related Terms
Canadian General Investments 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.
Canadian General Investments Return-on-Tangible-Asset Chart
TSX:CGI vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Canadian General Investments'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.
Canadian General Investments Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Canadian General Investments's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Canadian General Investments'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 25.43% mean?
Canadian General Investments (TSX:CGI) has a Return-on-Tangible-Asset of 25.43% 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 Canadian General Investments and its competitors. This is 67% above median its historical median of 15.19. According to the industry distribution chart, Canadian General Investments ranks #327 out of 1635 companies in the Asset Management industry, placing it in the top 20%.
Is Canadian General Investments' Return-on-Tangible-Asset too high?
Canadian General Investments' current Return-on-Tangible-Asset of 25.43% is 67% above median its 10-year median of 15.19. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Canadian General Investments' value of 25.43% is 501.2% above this industry median. Based on the distribution chart, Canadian General Investments ranks #327 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Canadian General Investments has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian General Investments' Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Canadian General Investments ranks #327 out of 1635 companies for Return-on-Tangible-Asset. This places Canadian General Investments in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.23. Canadian General Investments' value of 25.43% is 501.2% above this benchmark. While the company's 10-year median is 15.19 vs. the industry median of 4.23, Canadian General Investments 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. Canadian General Investments's current Return-on-Tangible-Asset of 25.43% is 501.2% 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 Canadian General Investments 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. Canadian General Investments's current Return-on-Tangible-Asset is 25.43%, which is 67% above median its own 10-year median of 15.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian General Investments stock overvalued right now?
Based on GuruFocus' analysis, Canadian General Investments (TSX:CGI) is currently considered Fairly Valued. The stock's GF Value™ is C$55.86, compared to a current price of C$51.20 — trading 8.3% below its estimated fair value. The current Return-on-Tangible-Asset is 25.43%, which is 67% above median its 10-year median of 15.19 and 501.2% above the Asset Management industry median of 4.23. Canadian General Investments' overall GF Score™ is 55/100 with 7 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 Canadian General Investments (TSX:CGI), the current Return-on-Tangible-Asset is 25.43% 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 Canadian General Investments (TSX:CGI) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian General Investments stock appears to be undervalued.
The current stock price of C$51.20 is trading 8.3% below its estimated GF Value™ of C$55.86.
GuruFocus considers Canadian General Investments to be Fairly Valued.
Key valuation signals for TSX:CGI:
Return-on-Tangible-Asset: 25.43% (67% above median its 10-year median of 15.19)
GF Value™: C$55.86 vs. price of C$51.20 (8.3% below fair value)
Industry Position: 501.2% above the Asset Management median (#327 of 1635)
No single metric tells the full story. See the TSX:CGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian General Investments Ltd is a Canadian closed-end investment fund. Its investment objective is to provide key returns to investors by investing in medium- to long-term investments. The company's portfolio involves prudent security selection and recognition of capital gains or losses. CGI's investment portfolio entails companies in multiple sectors such as Information Technology, Industrials, materials, financials, consumer discretionary, energy, Real Estate, Communication Services, Health Care, Cash, and Utilities.
55GF Score
Get the complete analysis for TSX:CGI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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