The historical rank and industry rank for Credit Suisse High Yield Credit Fund's Return-on-Tangible-Equity or its related term are showing as below:
DHY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.91 Med: 9.04 Max: 17.08
Current: 4.23
During the past 13 years, Credit Suisse High Yield Credit Fund's highest Return-on-Tangible-Equity was 17.08%. The lowest was -15.91%. And the median was 9.04%.
DHY's Return-on-Tangible-Equity is ranked worse than 60.52% of 1588
companies
in the Asset Management industry
Industry Median: 7.205
vs DHY: 4.23
Credit Suisse High Yield Credit Fund (AMEX:DHY) 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.
Credit Suisse High Yield Credit Fund Return-on-Tangible-Equity Related Terms
Credit Suisse High Yield Credit 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.
Credit Suisse High Yield Credit Fund Return-on-Tangible-Equity Chart
DHY vs MMT, SCM, PSF: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Credit Suisse High Yield Credit 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.
Credit Suisse High Yield Credit Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Credit Suisse High Yield Credit Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Credit Suisse High Yield Credit 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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -0.89% mean?
Credit Suisse High Yield Credit Fund (DHY) has a Return-on-Tangible-Equity of -0.89% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Credit Suisse High Yield Credit Fund and its competitors. According to the industry distribution chart, Credit Suisse High Yield Credit Fund ranks #961 out of 1588 companies in the Asset Management industry, placing it in the top 60.5%.
Is Credit Suisse High Yield Credit Fund's Return-on-Tangible-Equity too high?
Credit Suisse High Yield Credit Fund's current Return-on-Tangible-Equity is -0.89%. Based on the distribution chart, Credit Suisse High Yield Credit Fund ranks #961 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Credit Suisse High Yield Credit Fund has a GF Score™ of 21/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credit Suisse High Yield Credit Fund's Return-on-Tangible-Equity compare to MMT and SCM?
According to the Asset Management industry distribution chart, Credit Suisse High Yield Credit Fund ranks #961 out of 1588 companies for Return-on-Tangible-Equity. This places Credit Suisse High Yield Credit Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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 1,588 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. 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 Credit Suisse High Yield Credit 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. Credit Suisse High Yield Credit Fund's current Return-on-Tangible-Equity is -0.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit Suisse High Yield Credit Fund stock overvalued right now?
Based on GuruFocus' analysis, Credit Suisse High Yield Credit Fund (DHY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.85, compared to a current price of $1.79 — trading 110.6% above its estimated fair value. The current Return-on-Tangible-Equity is -0.89%. Credit Suisse High Yield Credit Fund's overall GF Score™ is 21/100 with 6 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 Credit Suisse High Yield Credit Fund (DHY), the current Return-on-Tangible-Equity is -0.89% as of Apr. 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 Credit Suisse High Yield Credit Fund (DHY) Overvalued in 2026?
Based on GuruFocus' analysis, Credit Suisse High Yield Credit Fund stock appears to be overvalued.
The current stock price of $1.79 is trading 110.6% above its estimated GF Value™ of $0.85.
GuruFocus considers Credit Suisse High Yield Credit Fund to be Significantly Overvalued.
Key valuation signals for DHY:
Return-on-Tangible-Equity: -0.89%
GF Value™: $0.85 vs. price of $1.79 (110.6% above fair value)
No single metric tells the full story. See the DHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Credit Suisse High Yield Credit Fund Business Description
Credit Suisse High Yield Credit Fund is a diversified, closed-end management investment company. The Fund's principal investment objective is to generate current income. Capital appreciation is a secondary objective, pursued to the extent consistent with the Fund's primary income objective.
21GF Score
Get the complete analysis for DHY
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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