Ruffer Investment CoCHIX:RICAL 43 Return-on-Tangible-Equity is 9.34% as of Dec. 2025, which is 286% above its 10-year median of 2.42. GuruFocus rates CHIX:RICAL with a GF Score™ of 43/100. The stock has 2 warning signs investors should review. Among 1,590 Asset Management companies, Ruffer Investment Co ranks better than 59.5% 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. Ruffer Investment Co's annualized net income for the quarter that ended in Dec. 2025 was £83.55 Mil. Ruffer Investment Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £894.40 Mil. Therefore, Ruffer Investment Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.34%.
The historical rank and industry rank for Ruffer Investment Co's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:RICAl'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.37 Med: 2.42 Max: 13.29
Current: 9.85
During the past 13 years, Ruffer Investment Co's highest Return-on-Tangible-Equity was 13.29%. The lowest was -3.37%. And the median was 2.42%.
CHIX:RICAl's Return-on-Tangible-Equity is ranked better than 59.5% of 1590
companies
in the Asset Management industry
Industry Median: 7.12
vs CHIX:RICAl: 9.85
Ruffer Investment Co (CHIX:RICAl) 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.
Ruffer Investment Co Return-on-Tangible-Equity Related Terms
Ruffer Investment Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ruffer Investment Co'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.
Ruffer Investment Co Return-on-Tangible-Equity Chart
CHIX:RICAL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Ruffer Investment Co'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.
Ruffer Investment Co Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Ruffer Investment Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ruffer Investment Co'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 9.34% mean?
Ruffer Investment Co (CHIX:RICAL) has a Return-on-Tangible-Equity of 9.34% 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 Ruffer Investment Co and its competitors. This is 286% above median its historical median of 2.42. According to the industry distribution chart, Ruffer Investment Co ranks #644 out of 1590 companies in the Asset Management industry, placing it in the top 40.5%.
Is Ruffer Investment Co's Return-on-Tangible-Equity too high?
Ruffer Investment Co's current Return-on-Tangible-Equity of 9.34% is 286% above median its 10-year median of 2.42. The Asset Management industry median Return-on-Tangible-Equity is 7.12. Ruffer Investment Co's value of 9.34% is 31.2% above this industry median. Based on the distribution chart, Ruffer Investment Co ranks #644 out of 1590 companies in the Asset Management industry, which is above the industry midpoint. Overall, Ruffer Investment Co has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ruffer Investment Co's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Ruffer Investment Co ranks #644 out of 1590 companies for Return-on-Tangible-Equity. This puts Ruffer Investment Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.12. Ruffer Investment Co's value of 9.34% is 31.2% above this benchmark. While the company's 10-year median is 2.42 vs. the industry median of 7.12, Ruffer Investment Co 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 7.12, 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. Ruffer Investment Co's current Return-on-Tangible-Equity of 9.34% is 31.2% 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 Ruffer Investment Co and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruffer Investment Co's current Return-on-Tangible-Equity is 9.34%, which is 286% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruffer Investment Co stock overvalued right now?
Ruffer Investment Co (CHIX:RICAL) has a current Return-on-Tangible-Equity of 9.34%. The current Return-on-Tangible-Equity is 9.34%, which is 286% above median its 10-year median of 2.42 and 31.2% above the Asset Management industry median of 7.12. Ruffer Investment Co's overall GF Score™ is 43/100 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 Ruffer Investment Co (CHIX:RICAL), the current Return-on-Tangible-Equity is 9.34% 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.
Ruffer Investment Co Ltd is a closed-end investment company. Its principal objective is to achieve a positive total annual return, after all expenses, of at least twice the Bank of England Bank Rate. The company adopts a stock picking approach and invests across a broad range of assets, geographies, and sectors including listed or quoted equities or equity-related securities, options, and bonds that are issued by corporate issuers, supra-nationals, or government organizations and investment in funds. It uses derivatives, including futures, options, swap agreements, structured products, warrants, and forward currency contracts, for efficient portfolio management. The majority part of the company's revenue comes from investment income such as dividends and interest.
43GF Score
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