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Virtus Global Multi-SectorVGI -0.14%32 Return-on-Tangible-Asset is 4.17% as of May. 2026, which is 0% above its 10-year median of 4.15. GuruFocus rates VGI with a GF Scoreâ„¢ of 32/100. The stock has 5 warning signs investors should review. Among 1,618 Asset Management companies, Virtus Global Multi-Sector ranks better than 64.65% 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. Virtus Global Multi-Sector's annualizedNet Income for the quarter that ended in May. 2026 was $5.55 Mil. Virtus Global Multi-Sector's average total tangible assets for the quarter that ended in May. 2026 was $133.11 Mil. Therefore, Virtus Global Multi-Sector's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2026 was 4.17%.
The historical rank and industry rank for Virtus Global Multi-Sector's Return-on-Tangible-Asset or its related term are showing as below:
VGI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.93 Med: 4.15 Max: 9.63
Current: 8.04
During the past 9 years, Virtus Global Multi-Sector's highest Return-on-Tangible-Asset was 9.63%. The lowest was -11.93%. And the median was 4.15%.
VGI's Return-on-Tangible-Asset is ranked better than 64.65% of 1618
companies
in the Asset Management industry
Industry Median: 4.68
vs VGI: 8.04
Virtus Global Multi-Sector (NYSE:VGI) 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 companyÂ’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 companyÂ’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.
Virtus Global Multi-Sector Return-on-Tangible-Asset Related Terms
Virtus Global Multi-Sector 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.
Virtus Global Multi-Sector Return-on-Tangible-Asset Chart
VGI vs DTF, AFCG, GECC: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Virtus Global Multi-Sector'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.
Virtus Global Multi-Sector Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Global Multi-Sector's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Virtus Global Multi-Sector'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 (May. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.17% mean?
Virtus Global Multi-Sector (VGI) has a Return-on-Tangible-Asset of 4.17% as of May. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Virtus Global Multi-Sector and its competitors. This is near median its historical median of 4.15. According to the industry distribution chart, Virtus Global Multi-Sector ranks #572 out of 1618 companies in the Asset Management industry, placing it in the top 35.4%.
Is Virtus Global Multi-Sector's Return-on-Tangible-Asset too high?
Virtus Global Multi-Sector's current Return-on-Tangible-Asset of 4.17% is near median its 10-year median of 4.15. The Asset Management industry median Return-on-Tangible-Asset is 4.68. Virtus Global Multi-Sector's value of 4.17% is 10.9% below this industry median. Based on the distribution chart, Virtus Global Multi-Sector ranks #572 out of 1618 companies in the Asset Management industry, which is above the industry midpoint. Overall, Virtus Global Multi-Sector has a GF Scoreâ„¢ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Virtus Global Multi-Sector's Return-on-Tangible-Asset compare to DTF and AFCG?
According to the Asset Management industry distribution chart, Virtus Global Multi-Sector ranks #572 out of 1618 companies for Return-on-Tangible-Asset. This puts Virtus Global Multi-Sector in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.68. Virtus Global Multi-Sector's value of 4.17% is 10.9% below this benchmark. While the company's 10-year median is 4.15 vs. the industry median of 4.68, Virtus Global Multi-Sector has consistently been below 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 4.68, based on 1,618 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. Virtus Global Multi-Sector's current Return-on-Tangible-Asset of 4.17% is 10.9% below 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 Virtus Global Multi-Sector and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Global Multi-Sector's current Return-on-Tangible-Asset is 4.17%, which is near median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Global Multi-Sector stock overvalued right now?
Virtus Global Multi-Sector (VGI) has a current Return-on-Tangible-Asset of 4.17%. The current Return-on-Tangible-Asset is 4.17%, which is near median its 10-year median of 4.15 and 10.9% below the Asset Management industry median of 4.68. Virtus Global Multi-Sector's overall GF Score™ is 32/100 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 Virtus Global Multi-Sector (VGI), the current Return-on-Tangible-Asset is 4.17% as of May. 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.
Virtus Global Multi-Sector Inc is a United States based fund. Its investment objective is to maximize current income while preserving capital. The Fund seeks to achieve its investment objective by applying extensive credit research to capitalize on opportunities across undervalued areas of the international bond markets.
32GF Score
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