Power & Infrastructure SplitTSX:PWI +0.08%58 Return-on-Tangible-Asset is 10.34% as of Dec. 2025, which is 20% above its 10-year median of 8.59. GuruFocus rates TSX:PWI with a GF Score™ of 58/100 and a GF Value™ of C$53.28 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,635 Asset Management companies, Power & Infrastructure Split ranks better than 76.33% on this metric.
The historical rank and industry rank for Power & Infrastructure Split's Return-on-Tangible-Asset or its related term are showing as below:
TSX:PWI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.11 Med: 8.59 Max: 23.74
Current: 12.78
During the past 5 years, Power & Infrastructure Split's highest Return-on-Tangible-Asset was 23.74%. The lowest was -14.11%. And the median was 8.59%.
TSX:PWI's Return-on-Tangible-Asset is ranked better than 76.33% of 1635
companies
in the Asset Management industry
Industry Median: 4.23
vs TSX:PWI: 12.78
Power & Infrastructure Split (TSX:PWI) 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.
Power & Infrastructure Split Return-on-Tangible-Asset Related Terms
Power & Infrastructure Split 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.
Power & Infrastructure Split Return-on-Tangible-Asset Chart
TSX:PWI vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Power & Infrastructure Split'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.
Power & Infrastructure Split Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Power & Infrastructure Split's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Power & Infrastructure Split'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 10.34% mean?
Power & Infrastructure Split (TSX:PWI) has a Return-on-Tangible-Asset of 10.34% 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 Power & Infrastructure Split and its competitors. This is 20% above median its historical median of 8.59. According to the industry distribution chart, Power & Infrastructure Split ranks #387 out of 1635 companies in the Asset Management industry, placing it in the top 23.7%.
Is Power & Infrastructure Split's Return-on-Tangible-Asset too high?
Power & Infrastructure Split's current Return-on-Tangible-Asset of 10.34% is 20% above median its 10-year median of 8.59. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Power & Infrastructure Split's value of 10.34% is 144.4% above this industry median. Based on the distribution chart, Power & Infrastructure Split ranks #387 out of 1635 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Power & Infrastructure Split has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power & Infrastructure Split's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Power & Infrastructure Split ranks #387 out of 1635 companies for Return-on-Tangible-Asset. This places Power & Infrastructure Split in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.23. Power & Infrastructure Split's value of 10.34% is 144.4% above this benchmark. While the company's 10-year median is 8.59 vs. the industry median of 4.23, Power & Infrastructure Split 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. Power & Infrastructure Split's current Return-on-Tangible-Asset of 10.34% is 144.4% 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 Power & Infrastructure Split 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. Power & Infrastructure Split's current Return-on-Tangible-Asset is 10.34%, which is 20% above median its own 10-year median of 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power & Infrastructure Split stock overvalued right now?
Based on GuruFocus' analysis, Power & Infrastructure Split (TSX:PWI) is currently considered Significantly Undervalued. The stock's GF Value™ is C$53.28, compared to a current price of C$12.66 — trading 76.2% below its estimated fair value. The current Return-on-Tangible-Asset is 10.34%, which is 20% above median its 10-year median of 8.59 and 144.4% above the Asset Management industry median of 4.23. Power & Infrastructure Split's overall GF Score™ is 58/100 with 1 warning sign 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 Power & Infrastructure Split (TSX:PWI), the current Return-on-Tangible-Asset is 10.34% 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 Power & Infrastructure Split (TSX:PWI) Overvalued in 2026?
Based on GuruFocus' analysis, Power & Infrastructure Split stock appears to be undervalued.
The current stock price of C$12.66 is trading 76.2% below its estimated GF Value™ of C$53.28.
GuruFocus considers Power & Infrastructure Split to be Significantly Undervalued.
Key valuation signals for TSX:PWI:
Return-on-Tangible-Asset: 10.34% (20% above median its 10-year median of 8.59)
GF Value™: C$53.28 vs. price of C$12.66 (76.2% below fair value)
Industry Position: 144.4% above the Asset Management median (#387 of 1635)
No single metric tells the full story. See the TSX:PWI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power & Infrastructure Split Corp is a mutual fund corporation. The company's fund invests in a globally diversified and actively managed portfolio consisting of dividend-paying securities of power and infrastructure companies, whose assets, products, and services the Manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. The company's portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others.
58GF Score
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