BlackRock Capital Allocation TrustBCAT -0.87%57 Return-on-Tangible-Equity is 15.13% as of Dec. 2025, which is 85% above its 10-year median of 8.17. GuruFocus rates BCAT with a GF Score™ of 57/100 and a GF Value™ of $17.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,588 Asset Management companies, BlackRock Capital Allocation Trust ranks better than 67.76% on this metric.
The historical rank and industry rank for BlackRock Capital Allocation Trust's Return-on-Tangible-Equity or its related term are showing as below:
BCAT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.71 Med: 8.17 Max: 13.43
Current: 13.43
During the past 6 years, BlackRock Capital Allocation Trust's highest Return-on-Tangible-Equity was 13.43%. The lowest was -17.71%. And the median was 8.17%.
BCAT's Return-on-Tangible-Equity is ranked better than 67.76% of 1588
companies
in the Asset Management industry
Industry Median: 7.165
vs BCAT: 13.43
BlackRock Capital Allocation Trust (NYSE:BCAT) 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.
BlackRock Capital Allocation Trust Return-on-Tangible-Equity Related Terms
BlackRock Capital Allocation Trust 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.
BlackRock Capital Allocation Trust Return-on-Tangible-Equity Chart
BCAT vs BDJ, BST, RQI: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, BlackRock Capital Allocation Trust'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.
BlackRock Capital Allocation Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock Capital Allocation Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BlackRock Capital Allocation Trust'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 15.13% mean?
BlackRock Capital Allocation Trust (BCAT) has a Return-on-Tangible-Equity of 15.13% 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 BlackRock Capital Allocation Trust and its competitors. This is 85% above median its historical median of 8.17. According to the industry distribution chart, BlackRock Capital Allocation Trust ranks #512 out of 1588 companies in the Asset Management industry, placing it in the top 32.2%.
Is BlackRock Capital Allocation Trust's Return-on-Tangible-Equity too high?
BlackRock Capital Allocation Trust's current Return-on-Tangible-Equity of 15.13% is 85% above median its 10-year median of 8.17. The Asset Management industry median Return-on-Tangible-Equity is 7.17. BlackRock Capital Allocation Trust's value of 15.13% is 111.2% above this industry median. Based on the distribution chart, BlackRock Capital Allocation Trust ranks #512 out of 1588 companies in the Asset Management industry, which is above the industry midpoint. Overall, BlackRock Capital Allocation Trust has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BlackRock Capital Allocation Trust's Return-on-Tangible-Equity compare to BDJ and BST?
According to the Asset Management industry distribution chart, BlackRock Capital Allocation Trust ranks #512 out of 1588 companies for Return-on-Tangible-Equity. This puts BlackRock Capital Allocation Trust in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.17. BlackRock Capital Allocation Trust's value of 15.13% is 111.2% above this benchmark. While the company's 10-year median is 8.17 vs. the industry median of 7.17, BlackRock Capital Allocation Trust 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 7.17, based on 1,588 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. BlackRock Capital Allocation Trust's current Return-on-Tangible-Equity of 15.13% is 111.2% 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 BlackRock Capital Allocation Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Capital Allocation Trust's current Return-on-Tangible-Equity is 15.13%, which is 85% above median its own 10-year median of 8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Capital Allocation Trust stock overvalued right now?
Based on GuruFocus' analysis, BlackRock Capital Allocation Trust (BCAT) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.85, compared to a current price of $15.93 — trading 10.8% below its estimated fair value. The current Return-on-Tangible-Equity is 15.13%, which is 85% above median its 10-year median of 8.17 and 111.2% above the Asset Management industry median of 7.17. BlackRock Capital Allocation Trust's overall GF Score™ is 57/100 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 BlackRock Capital Allocation Trust (BCAT), the current Return-on-Tangible-Equity is 15.13% 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 BlackRock Capital Allocation Trust (BCAT) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock Capital Allocation Trust stock appears to be undervalued.
The current stock price of $15.93 is trading 10.8% below its estimated GF Value™ of $17.85.
GuruFocus considers BlackRock Capital Allocation Trust to be Modestly Undervalued.
Key valuation signals for BCAT:
Return-on-Tangible-Equity: 15.13% (85% above median its 10-year median of 8.17)
GF Value™: $17.85 vs. price of $15.93 (10.8% below fair value)
Industry Position: 111.2% above the Asset Management median (#512 of 1588)
No single metric tells the full story. See the BCAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlackRock Capital Allocation Trust Business Description
BlackRock Capital Allocation Trust is a non-diversified, closed-end management investment company. The investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation.
57GF Score
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