abrdn Asia-Pacificome Fund VCC (TSX:FAP) Return-on-Tangible-Asset: -4.75% (As of Apr. 2026)


TSX:FAP abrdn Asia-Pacific Income Fund VCC TSX:FAP
32 GF Score
Price C$2.70
GF Value C$1.16
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is abrdn Asia-Pacificome Fund VCC Return-on-Tangible-Asset?

abrdn Asia-Pacificome Fund VCC TSX:FAP 32 Return-on-Tangible-Asset is -4.75% as of Apr. 2026. GuruFocus rates TSX:FAP with a GF Score™ of 32/100 and a GF Value™ of C$1.16 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,635 Asset Management companies, abrdn Asia-Pacificome Fund VCC ranks worse than 61.04% 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. abrdn Asia-Pacificome Fund VCC's annualized Net Income for the quarter that ended in Apr. 2026 was C$-7.11 Mil. abrdn Asia-Pacificome Fund VCC's average total tangible assets for the quarter that ended in Apr. 2026 was C$149.58 Mil. Therefore, abrdn Asia-Pacificome Fund VCC's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was -4.75%.

The historical rank and industry rank for abrdn Asia-Pacificome Fund VCC's Return-on-Tangible-Asset or its related term are showing as below:

TSX:FAP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.14   Med: 1.88   Max: 11.64
Current: 2.1

During the past 13 years, abrdn Asia-Pacificome Fund VCC's highest Return-on-Tangible-Asset was 11.64%. The lowest was -11.14%. And the median was 1.88%.

TSX:FAP's Return-on-Tangible-Asset is ranked worse than
61.04% of 1635 companies
in the Asset Management industry
Industry Median: 4.23 vs TSX:FAP: 2.10

abrdn Asia-Pacificome Fund VCC  (TSX:FAP) 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 company’s 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 company’s 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.


abrdn Asia-Pacificome Fund VCC Return-on-Tangible-Asset Related Terms


abrdn Asia-Pacificome Fund VCC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for abrdn Asia-Pacificome Fund VCC'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.

abrdn Asia-Pacificome Fund VCC Return-on-Tangible-Asset Chart

abrdn Asia-Pacificome Fund VCC Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.63 -11.14 10.99 8.41 3.26

abrdn Asia-Pacificome Fund VCC Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.68 7.42 -1.59 8.79 -4.75

TSX:FAP vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, abrdn Asia-Pacificome Fund VCC'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.


abrdn Asia-Pacificome Fund VCC Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Asia-Pacificome Fund VCC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where abrdn Asia-Pacificome Fund VCC's Return-on-Tangible-Asset falls into.


TSX:FAP
32GF Score
abrdn Asia-Pacific Income Fund VCC TSX:FAP
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

abrdn Asia-Pacificome Fund VCC Return-on-Tangible-Asset Calculation

abrdn Asia-Pacificome Fund VCC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=5.397/( (176.57+154.227)/ 2 )
=5.397/165.3985
=3.26 %

abrdn Asia-Pacificome Fund VCC's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=-7.112/( (154.227+144.93)/ 2 )
=-7.112/149.5785
=-4.75 %

* 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 -4.75% mean?
abrdn Asia-Pacificome Fund VCC (TSX:FAP) has a Return-on-Tangible-Asset of -4.75% 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 abrdn Asia-Pacificome Fund VCC and its competitors. According to the industry distribution chart, abrdn Asia-Pacificome Fund VCC ranks #998 out of 1635 companies in the Asset Management industry, placing it in the top 61%.
Is abrdn Asia-Pacificome Fund VCC's Return-on-Tangible-Asset too high?
abrdn Asia-Pacificome Fund VCC's current Return-on-Tangible-Asset is -4.75%. Based on the distribution chart, abrdn Asia-Pacificome Fund VCC ranks #998 out of 1635 companies in the Asset Management industry, which is below the industry midpoint. Overall, abrdn Asia-Pacificome Fund VCC has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does abrdn Asia-Pacificome Fund VCC's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, abrdn Asia-Pacificome Fund VCC ranks #998 out of 1635 companies for Return-on-Tangible-Asset. This places abrdn Asia-Pacificome Fund VCC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.23. 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. 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 abrdn Asia-Pacificome Fund VCC 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. abrdn Asia-Pacificome Fund VCC's current Return-on-Tangible-Asset is -4.75%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is abrdn Asia-Pacificome Fund VCC stock overvalued right now?
Based on GuruFocus' analysis, abrdn Asia-Pacificome Fund VCC (TSX:FAP) is currently considered Significantly Overvalued. The stock's GF Value™ is C$1.16, compared to a current price of C$2.70 — trading 132.8% above its estimated fair value. The current Return-on-Tangible-Asset is -4.75%. abrdn Asia-Pacificome Fund VCC's overall GF Score™ is 32/100 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 abrdn Asia-Pacificome Fund VCC (TSX:FAP), the current Return-on-Tangible-Asset is -4.75% 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.

Is abrdn Asia-Pacificome Fund VCC (TSX:FAP) Overvalued in 2026?

Based on GuruFocus' analysis, abrdn Asia-Pacificome Fund VCC stock appears to be overvalued. The current stock price of C$2.70 is trading 132.8% above its estimated GF Value™ of C$1.16. GuruFocus considers abrdn Asia-Pacificome Fund VCC to be Significantly Overvalued.

Key valuation signals for TSX:FAP:

  • Return-on-Tangible-Asset: -4.75%
  • GF Value™: C$1.16 vs. price of C$2.70 (132.8% above fair value)
  • GF Score™: 32/100 with 7 warning signs

No single metric tells the full story. See the TSX:FAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


abrdn Asia-Pacificome Fund VCC Business Description

Address Number 23-04 Marina One East Tower, 7 Straits View, Singapore, SGP, 018936
abrdn Asia-Pacific Income Fund VCC is a Singapore variable capital company organized as a closed-end investment company. The investment objective of the company is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities.
32GF Score

Get the complete analysis for TSX:FAP

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.70
Price
C$1.16
GF Value