RecordCHIX:RECL +2.00%55 Return-on-Tangible-Equity is 29.15% as of Mar. 2026, which is 12% above its 10-year median of 25.94. GuruFocus rates CHIX:RECL with a GF Score™ of 55/100 and a GF Value™ of £0.58 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,588 Asset Management companies, Record ranks better than 85.45% 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. Record's annualized net income for the quarter that ended in Mar. 2026 was £7.82 Mil. Record's average shareholder tangible equity for the quarter that ended in Mar. 2026 was £26.83 Mil. Therefore, Record's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.15%.
The historical rank and industry rank for Record's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:RECl'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 18.05 Med: 25.94 Max: 43.39
Current: 27.89
During the past 13 years, Record's highest Return-on-Tangible-Equity was 43.39%. The lowest was 18.05%. And the median was 25.94%.
CHIX:RECl's Return-on-Tangible-Equity is ranked better than 85.45% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs CHIX:RECl: 27.89
Record (CHIX:RECl) 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.
Record Return-on-Tangible-Equity Related Terms
Record Return-on-Tangible-Equity Historical Data
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The historical data trend for Record'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.
CHIX:RECL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Record'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.
Record Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Record's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Record'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 (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 29.15% mean?
Record (CHIX:RECL) has a Return-on-Tangible-Equity of 29.15% 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 Record and its competitors. This is 12% above median its historical median of 25.94. Over the past decade, Record's Return-on-Tangible-Equity has ranged from 18.05 to 43.39. According to the industry distribution chart, Record ranks #231 out of 1588 companies in the Asset Management industry, placing it in the top 14.5%.
Is Record's Return-on-Tangible-Equity too high?
Record's current Return-on-Tangible-Equity of 29.15% is 12% above median its 10-year median of 25.94. Over the past 10 years, this metric has ranged from a low of 18.05 to a high of 43.39. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Record's value of 29.15% is 305.4% above this industry median. Based on the distribution chart, Record ranks #231 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Record has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Record's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Record ranks #231 out of 1588 companies for Return-on-Tangible-Equity. This places Record in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.19. Record's value of 29.15% is 305.4% above this benchmark. Historically, Record's own Return-on-Tangible-Equity has ranged from 18.05 to 43.39 over the past decade. While the company's 10-year median is 25.94 vs. the industry median of 7.19, Record 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 7.19, 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. Record's current Return-on-Tangible-Equity of 29.15% is 305.4% 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 Record and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Record's current Return-on-Tangible-Equity is 29.15%, which is 12% above median its own 10-year median of 25.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Record stock overvalued right now?
Based on GuruFocus' analysis, Record (CHIX:RECL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.58, compared to a current price of £0.46 — trading 20.7% below its estimated fair value. The current Return-on-Tangible-Equity is 29.15%, which is 12% above median its 10-year median of 25.94 and 305.4% above the Asset Management industry median of 7.19. Record's overall GF Score™ is 55/100 with 4 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 Record (CHIX:RECL), the current Return-on-Tangible-Equity is 29.15% 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 Record (CHIX:RECL) Overvalued in 2026?
Based on GuruFocus' analysis, Record stock appears to be undervalued.
The current stock price of £0.46 is trading 20.7% below its estimated GF Value™ of £0.58.
GuruFocus considers Record to be Modestly Undervalued.
Key valuation signals for CHIX:RECL:
Return-on-Tangible-Equity: 29.15% (12% above median its 10-year median of 25.94)
GF Value™: £0.58 vs. price of £0.46 (20.7% below fair value)
Industry Position: 305.4% above the Asset Management median (#231 of 1588)
No single metric tells the full story. See the CHIX:RECL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Record PLC is a United Kingdom-based company currency and asset management firm. The company provides services to clients such as pension funds, charities, foundations, endowments, family offices, and other fund managers and corporate entities. Geographically, it derives a majority of its revenue from the United States and also has a presence in the United Kingdom, Switzerland, Europe (excluding UK and Switzerland), and other countries. Revenue comprises mainly management fees and performance fees. Its reportable segments are Currency Management and Asset Management. The maximum revenue is derived from the currency management segment which comprises bespoke solutions for clients including Passive Hedging, Dynamic Hedging, Hedging for Asset Managers, and FX Alpha products.
55GF Score
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