BlackRock Frontiers Investment Trust (CHIX:BRFIL) Return-on-Tangible-Equity: 9.97% (As of Mar. 2026) — 14% Below Median

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CHIX:BRFIL BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
62 GF Score
Price £1.48
GF Value £1.62
! 1 Warning Sign
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What is BlackRock Frontiers Investment Trust Return-on-Tangible-Equity?

BlackRock Frontiers Investment Trust CHIX:BRFIL 62 Return-on-Tangible-Equity is 9.97% as of Mar. 2026, which is 14% below its 10-year median of 11.62. GuruFocus rates CHIX:BRFIL with a GF Score™ of 62/100 and a GF Value™ of £1.62. The stock has 1 warning sign investors should review. Among 1,590 Asset Management companies, BlackRock Frontiers Investment Trust ranks better than 76.35% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. BlackRock Frontiers Investment Trust's annualized net income for the quarter that ended in Mar. 2026 was £30.89 Mil. BlackRock Frontiers Investment Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was £309.94 Mil. Therefore, BlackRock Frontiers Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.97%.

The historical rank and industry rank for BlackRock Frontiers Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:

CHIX:BRFIl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.49   Med: 11.62   Max: 44.14
Current: 18.89

During the past 13 years, BlackRock Frontiers Investment Trust's highest Return-on-Tangible-Equity was 44.14%. The lowest was -21.49%. And the median was 11.62%.

CHIX:BRFIl's Return-on-Tangible-Equity is ranked better than
76.35% of 1590 companies
in the Asset Management industry
Industry Median: 7.21 vs CHIX:BRFIl: 18.89

BlackRock Frontiers Investment Trust  (CHIX:BRFIl) 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 Frontiers Investment Trust Return-on-Tangible-Equity Related Terms


BlackRock Frontiers Investment Trust Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for BlackRock Frontiers Investment Trust's Return-on-Tangible-Equity can be seen below:

* 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 Frontiers Investment Trust Return-on-Tangible-Equity Chart

BlackRock Frontiers Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.14 -12.42 21.56 14.73 13.66

BlackRock Frontiers Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.34 7.57 0.46 26.93 9.97

CHIX:BRFIL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, BlackRock Frontiers Investment 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 Frontiers Investment Trust Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Frontiers Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where BlackRock Frontiers Investment Trust's Return-on-Tangible-Equity falls into.


CHIX:BRFIL
62GF Score
BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock Frontiers Investment Trust Return-on-Tangible-Equity Calculation

BlackRock Frontiers Investment Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=43.562/( (307.12+330.586 )/ 2 )
=43.562/318.853
=13.66 %

BlackRock Frontiers Investment Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=30.892/( (330.586+289.292)/ 2 )
=30.892/309.939
=9.97 %

* 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 (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 9.97% mean?
BlackRock Frontiers Investment Trust (CHIX:BRFIL) has a Return-on-Tangible-Equity of 9.97% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BlackRock Frontiers Investment Trust and its competitors. This is 14% below median its historical median of 11.62. According to the industry distribution chart, BlackRock Frontiers Investment Trust ranks #376 out of 1590 companies in the Asset Management industry, placing it in the top 23.6%.
Is BlackRock Frontiers Investment Trust's Return-on-Tangible-Equity too high?
BlackRock Frontiers Investment Trust's current Return-on-Tangible-Equity of 9.97% is 14% below median its 10-year median of 11.62. The Asset Management industry median Return-on-Tangible-Equity is 7.21. BlackRock Frontiers Investment Trust's value of 9.97% is 38.3% above this industry median. Based on the distribution chart, BlackRock Frontiers Investment Trust ranks #376 out of 1590 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackRock Frontiers Investment Trust has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Frontiers Investment Trust's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock Frontiers Investment Trust ranks #376 out of 1590 companies for Return-on-Tangible-Equity. This places BlackRock Frontiers Investment Trust in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. BlackRock Frontiers Investment Trust's value of 9.97% is 38.3% above this benchmark. While the company's 10-year median is 11.62 vs. the industry median of 7.21, BlackRock Frontiers Investment 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 7.21, based on 1,590 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 Frontiers Investment Trust's current Return-on-Tangible-Equity of 9.97% is 38.3% 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 Frontiers Investment Trust 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. BlackRock Frontiers Investment Trust's current Return-on-Tangible-Equity is 9.97%, which is 14% below median its own 10-year median of 11.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Frontiers Investment Trust stock overvalued right now?
BlackRock Frontiers Investment Trust (CHIX:BRFIL) has a current Return-on-Tangible-Equity of 9.97%. The stock's GF Value™ is £1.62, compared to a current price of £1.48 — trading 9% below its estimated fair value. The current Return-on-Tangible-Equity is 9.97%, which is 14% below median its 10-year median of 11.62 and 38.3% above the Asset Management industry median of 7.21. BlackRock Frontiers Investment Trust's overall GF Score™ is 62/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For BlackRock Frontiers Investment Trust (CHIX:BRFIL), the current Return-on-Tangible-Equity is 9.97% as of Mar. 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 BlackRock Frontiers Investment Trust (CHIX:BRFIL) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock Frontiers Investment Trust stock appears to be undervalued. The current stock price of £1.48 is trading 9% below its estimated GF Value™ of £1.62.

Key valuation signals for CHIX:BRFIL:

  • Return-on-Tangible-Equity: 9.97% (14% below median its 10-year median of 11.62)
  • GF Value™: £1.62 vs. price of £1.48 (9% below fair value)
  • GF Score™: 62/100 with 1 warning sign
  • Industry Position: 38.3% above the Asset Management median (#376 of 1590)

No single metric tells the full story. See the CHIX:BRFIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackRock Frontiers Investment Trust Business Description

Other Exchanges BRFI:UK
Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Frontiers Investment Trust PLC is an investment company based in the UK. The company's investment objective is to achieve long-term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the stock markets of such countries. It invests across other sectors like Financials, Energy, Consumer Staples, Information Technology, Communication Services, and others. The maximum revenue of the company is from investment in Financial sector, followed by Industrials and others. The company's investments are spread across the world.
62GF Score

Get the complete analysis for CHIX:BRFIL

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.48
Price
£1.62
GF Value