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Fat Prophets Global Contrarian FundASX:FPC 44 Return-on-Tangible-Equity is 41.59% as of Dec. 2025, which is 1605% above its 10-year median of 2.44. GuruFocus rates ASX:FPC with a GF Score™ of 44/100 and a GF Value™ of A$4.61 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,589 Asset Management companies, Fat Prophets Global Contrarian Fund ranks better than 90.94% on this metric.
The historical rank and industry rank for Fat Prophets Global Contrarian Fund's Return-on-Tangible-Equity or its related term are showing as below:
ASX:FPC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.43 Med: 2.44 Max: 39.4
Current: 39.4
During the past 9 years, Fat Prophets Global Contrarian Fund's highest Return-on-Tangible-Equity was 39.40%. The lowest was -18.43%. And the median was 2.44%.
ASX:FPC's Return-on-Tangible-Equity is ranked better than 90.94% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs ASX:FPC: 39.40
Fat Prophets Global Contrarian Fund (ASX:FPC) 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.
Fat Prophets Global Contrarian Fund Return-on-Tangible-Equity Related Terms
Fat Prophets Global Contrarian 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.
Fat Prophets Global Contrarian Fund Return-on-Tangible-Equity Chart
ASX:FPC vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Fat Prophets Global Contrarian 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.
Fat Prophets Global Contrarian Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fat Prophets Global Contrarian Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fat Prophets Global Contrarian 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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 41.59% mean?
Fat Prophets Global Contrarian Fund (ASX:FPC) has a Return-on-Tangible-Equity of 41.59% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Fat Prophets Global Contrarian Fund and its competitors. This is 1605% above median its historical median of 2.44. According to the industry distribution chart, Fat Prophets Global Contrarian Fund ranks #144 out of 1589 companies in the Asset Management industry, placing it in the top 9.1%.
Is Fat Prophets Global Contrarian Fund's Return-on-Tangible-Equity too high?
Fat Prophets Global Contrarian Fund's current Return-on-Tangible-Equity of 41.59% is 1605% above median its 10-year median of 2.44. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Fat Prophets Global Contrarian Fund's value of 41.59% is 476.8% above this industry median. Based on the distribution chart, Fat Prophets Global Contrarian Fund ranks #144 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fat Prophets Global Contrarian Fund has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fat Prophets Global Contrarian Fund's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Fat Prophets Global Contrarian Fund ranks #144 out of 1589 companies for Return-on-Tangible-Equity. This places Fat Prophets Global Contrarian Fund in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Fat Prophets Global Contrarian Fund's value of 41.59% is 476.8% above this benchmark. While the company's 10-year median is 2.44 vs. the industry median of 7.21, Fat Prophets Global Contrarian 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. Fat Prophets Global Contrarian Fund's current Return-on-Tangible-Equity of 41.59% is 476.8% 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 Fat Prophets Global Contrarian 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. Fat Prophets Global Contrarian Fund's current Return-on-Tangible-Equity is 41.59%, which is 1605% above median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fat Prophets Global Contrarian Fund stock overvalued right now?
Based on GuruFocus' analysis, Fat Prophets Global Contrarian Fund (ASX:FPC) is currently considered Significantly Undervalued. The stock's GF Value™ is A$4.61, compared to a current price of A$1.31 — trading 71.6% below its estimated fair value. The current Return-on-Tangible-Equity is 41.59%, which is 1605% above median its 10-year median of 2.44 and 476.8% above the Asset Management industry median of 7.21. Fat Prophets Global Contrarian Fund's overall GF Score™ is 44/100 with 2 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 Fat Prophets Global Contrarian Fund (ASX:FPC), the current Return-on-Tangible-Equity is 41.59% 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 Fat Prophets Global Contrarian Fund (ASX:FPC) Overvalued in 2026?
Based on GuruFocus' analysis, Fat Prophets Global Contrarian Fund stock appears to be undervalued.
The current stock price of A$1.31 is trading 71.6% below its estimated GF Value™ of A$4.61.
GuruFocus considers Fat Prophets Global Contrarian Fund to be Significantly Undervalued.
Key valuation signals for ASX:FPC:
Return-on-Tangible-Equity: 41.59% (1605% above median its 10-year median of 2.44)
GF Value™: A$4.61 vs. price of A$1.31 (71.6% below fair value)
Industry Position: 476.8% above the Asset Management median (#144 of 1589)
No single metric tells the full story. See the ASX:FPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fat Prophets Global Contrarian Fund Business Description
Fat Prophets Global Contrarian Fund Ltd is an investment company. The company invests in the listed securities in equity markets across the globe, with the objective of long term capital growth. Its geographical segments include Oceania, Europe, Hong Kong, Asia and North America.
44GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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