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Prime DividendTSX:PDV 38 Return-on-Tangible-Asset is 31.87% as of Nov. 2025, which is 211% above its 10-year median of 10.24. GuruFocus rates TSX:PDV with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 1,633 Asset Management companies, Prime Dividend ranks better than 85.55% 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. Prime Dividend's annualizedNet Income for the quarter that ended in Nov. 2025 was C$3.83 Mil. Prime Dividend's average total tangible assets for the quarter that ended in Nov. 2025 was C$12.03 Mil. Therefore, Prime Dividend's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2025 was 31.87%.
The historical rank and industry rank for Prime Dividend's Return-on-Tangible-Asset or its related term are showing as below:
TSX:PDV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.63 Med: 10.24 Max: 25.76
Current: 18.71
During the past 13 years, Prime Dividend's highest Return-on-Tangible-Asset was 25.76%. The lowest was -7.63%. And the median was 10.24%.
TSX:PDV's Return-on-Tangible-Asset is ranked better than 85.55% of 1633
companies
in the Asset Management industry
Industry Median: 4.25
vs TSX:PDV: 18.71
Prime Dividend (TSX:PDV) 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.
Prime Dividend Return-on-Tangible-Asset Related Terms
Prime Dividend Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Prime Dividend'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.
TSX:PDV vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Prime Dividend'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.
Prime Dividend Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Prime Dividend's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Prime Dividend'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 (Nov. 2025) net income data.
What does a Return-on-Tangible-Asset of 31.87% mean?
Prime Dividend (TSX:PDV) has a Return-on-Tangible-Asset of 31.87% as of Nov. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Prime Dividend and its competitors. This is 211% above median its historical median of 10.24. According to the industry distribution chart, Prime Dividend ranks #236 out of 1633 companies in the Asset Management industry, placing it in the top 14.5%.
Is Prime Dividend's Return-on-Tangible-Asset too high?
Prime Dividend's current Return-on-Tangible-Asset of 31.87% is 211% above median its 10-year median of 10.24. The Asset Management industry median Return-on-Tangible-Asset is 4.25. Prime Dividend's value of 31.87% is 649.9% above this industry median. Based on the distribution chart, Prime Dividend ranks #236 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Prime Dividend has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Prime Dividend's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Prime Dividend ranks #236 out of 1633 companies for Return-on-Tangible-Asset. This places Prime Dividend in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.25. Prime Dividend's value of 31.87% is 649.9% above this benchmark. While the company's 10-year median is 10.24 vs. the industry median of 4.25, Prime Dividend 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 4.25, based on 1,633 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. Prime Dividend's current Return-on-Tangible-Asset of 31.87% is 649.9% 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 Prime Dividend and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prime Dividend's current Return-on-Tangible-Asset is 31.87%, which is 211% above median its own 10-year median of 10.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Dividend stock overvalued right now?
Prime Dividend (TSX:PDV) has a current Return-on-Tangible-Asset of 31.87%. The current Return-on-Tangible-Asset is 31.87%, which is 211% above median its 10-year median of 10.24 and 649.9% above the Asset Management industry median of 4.25. Prime Dividend's overall GF Score™ is 38/100 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 Prime Dividend (TSX:PDV), the current Return-on-Tangible-Asset is 31.87% as of Nov. 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.
Prime Dividend Corp is a mutual fund company that invests in an actively managed portfolio of common shares comprised of large capitalization dividend yielding Canadian companies. The company employs an active covered call writing program to enhance the income earned from the portfolio. The company offers two types of shares: Preferred Shares and Class A Shares.
38GF Score
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