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Aberdeen Global Dynamic Dividend FundAGD -0.20%50 Return-on-Tangible-Equity is 20.45% as of Apr. 2026, which is 101% above its 10-year median of 10.16. GuruFocus rates AGD with a GF Score™ of 50/100 and a GF Value™ of $40.42 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,589 Asset Management companies, Aberdeen Global Dynamic Dividend Fund ranks better than 83.45% on this metric.
The historical rank and industry rank for Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Equity or its related term are showing as below:
AGD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.46 Med: 10.16 Max: 30.9
Current: 25.47
During the past 9 years, Aberdeen Global Dynamic Dividend Fund's highest Return-on-Tangible-Equity was 30.90%. The lowest was -18.46%. And the median was 10.16%.
AGD's Return-on-Tangible-Equity is ranked better than 83.45% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs AGD: 25.47
Aberdeen Global Dynamic Dividend Fund (NYSE:AGD) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Equity Related Terms
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Equity 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.
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Equity Chart
AGD vs NBH, MXF, BGT: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Aberdeen Global Dynamic Dividend Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.45% mean?
Aberdeen Global Dynamic Dividend Fund (AGD) has a Return-on-Tangible-Equity of 20.45% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen Global Dynamic Dividend Fund and its competitors. This is 101% above median its historical median of 10.16. According to the industry distribution chart, Aberdeen Global Dynamic Dividend Fund ranks #263 out of 1589 companies in the Asset Management industry, placing it in the top 16.6%.
Is Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Equity too high?
Aberdeen Global Dynamic Dividend Fund's current Return-on-Tangible-Equity of 20.45% is 101% above median its 10-year median of 10.16. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Aberdeen Global Dynamic Dividend Fund's value of 20.45% is 183.6% above this industry median. Based on the distribution chart, Aberdeen Global Dynamic Dividend Fund ranks #263 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Aberdeen Global Dynamic Dividend Fund has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aberdeen Global Dynamic Dividend Fund's Return-on-Tangible-Equity compare to NBH and MXF?
According to the Asset Management industry distribution chart, Aberdeen Global Dynamic Dividend Fund ranks #263 out of 1589 companies for Return-on-Tangible-Equity. This places Aberdeen Global Dynamic Dividend Fund in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Aberdeen Global Dynamic Dividend Fund's value of 20.45% is 183.6% above this benchmark. While the company's 10-year median is 10.16 vs. the industry median of 7.21, Aberdeen Global Dynamic Dividend Fund 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aberdeen Global Dynamic Dividend Fund's current Return-on-Tangible-Equity of 20.45% is 183.6% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aberdeen Global Dynamic Dividend Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aberdeen Global Dynamic Dividend Fund's current Return-on-Tangible-Equity is 20.45%, which is 101% above median its own 10-year median of 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aberdeen Global Dynamic Dividend Fund stock overvalued right now?
Based on GuruFocus' analysis, Aberdeen Global Dynamic Dividend Fund (AGD) is currently considered Significantly Undervalued. The stock's GF Value™ is $40.42, compared to a current price of $12.06 — trading 70.2% below its estimated fair value. The current Return-on-Tangible-Equity is 20.45%, which is 101% above median its 10-year median of 10.16 and 183.6% above the Asset Management industry median of 7.21. Aberdeen Global Dynamic Dividend Fund's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Aberdeen Global Dynamic Dividend Fund (AGD), the current Return-on-Tangible-Equity is 20.45% 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 Aberdeen Global Dynamic Dividend Fund (AGD) Overvalued in 2026?
Based on GuruFocus' analysis, Aberdeen Global Dynamic Dividend Fund stock appears to be undervalued.
The current stock price of $12.06 is trading 70.2% below its estimated GF Value™ of $40.42.
GuruFocus considers Aberdeen Global Dynamic Dividend Fund to be Significantly Undervalued.
Key valuation signals for AGD:
Return-on-Tangible-Equity: 20.45% (101% above median its 10-year median of 10.16)
GF Value™: $40.42 vs. price of $12.06 (70.2% below fair value)
Industry Position: 183.6% above the Asset Management median (#263 of 1589)
No single metric tells the full story. See the AGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aberdeen Global Dynamic Dividend Fund Business Description
Aberdeen Global Dynamic Dividend Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to seek high current dividend income, more than 50% of which qualifies for the reduced federal income tax rate, as created by the Jobs and Growth Tax Relief Reconciliation Act of 2003. The fund also focuses on the long-term growth of capital as a secondary investment objective. The fund's portfolio holdings are in information technology, financials, health care, and consumer discretionary sectors, among others.
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