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DNP Selectome FundDNP +0.28%33 Return-on-Tangible-Equity is 29.27% as of Apr. 2026, which is 131% above its 10-year median of 12.67. GuruFocus rates DNP with a GF Score™ of 33/100. The stock has 7 warning signs investors should review. Among 1,587 Asset Management companies, DNP Selectome Fund ranks better than 75.24% 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. DNP Selectome Fund's annualized net income for the quarter that ended in Apr. 2026 was $1,086.1 Mil. DNP Selectome Fund's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $3,710.4 Mil. Therefore, DNP Selectome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 29.27%.
The historical rank and industry rank for DNP Selectome Fund's Return-on-Tangible-Equity or its related term are showing as below:
DNP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.62 Med: 12.67 Max: 28.17
Current: 19.33
During the past 9 years, DNP Selectome Fund's highest Return-on-Tangible-Equity was 28.17%. The lowest was -11.62%. And the median was 12.67%.
DNP's Return-on-Tangible-Equity is ranked better than 75.24% of 1587
companies
in the Asset Management industry
Industry Median: 7.5
vs DNP: 19.33
DNP Selectome Fund (NYSE:DNP) 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.
DNP Selectome Fund Return-on-Tangible-Equity Related Terms
DNP Selectome Fund Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for DNP Selectome Fund'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.
DNP Selectome Fund Return-on-Tangible-Equity Chart
DNP vs CNS, FHI, OTF: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, DNP Selectome 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.
DNP Selectome Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DNP Selectome Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DNP Selectome 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 29.27% mean?
DNP Selectome Fund (DNP) has a Return-on-Tangible-Equity of 29.27% 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 DNP Selectome Fund and its competitors. This is 131% above median its historical median of 12.67. According to the industry distribution chart, DNP Selectome Fund ranks #393 out of 1587 companies in the Asset Management industry, placing it in the top 24.8%.
Is DNP Selectome Fund's Return-on-Tangible-Equity too high?
DNP Selectome Fund's current Return-on-Tangible-Equity of 29.27% is 131% above median its 10-year median of 12.67. The Asset Management industry median Return-on-Tangible-Equity is 7.50. DNP Selectome Fund's value of 29.27% is 290.3% above this industry median. Based on the distribution chart, DNP Selectome Fund ranks #393 out of 1587 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, DNP Selectome Fund has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does DNP Selectome Fund's Return-on-Tangible-Equity compare to CNS and FHI?
According to the Asset Management industry distribution chart, DNP Selectome Fund ranks #393 out of 1587 companies for Return-on-Tangible-Equity. This places DNP Selectome Fund in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.50. DNP Selectome Fund's value of 29.27% is 290.3% above this benchmark. While the company's 10-year median is 12.67 vs. the industry median of 7.50, DNP Selectome Fund 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 7.50, based on 1,587 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. DNP Selectome Fund's current Return-on-Tangible-Equity of 29.27% is 290.3% 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 DNP Selectome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNP Selectome Fund's current Return-on-Tangible-Equity is 29.27%, which is 131% above median its own 10-year median of 12.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNP Selectome Fund stock overvalued right now?
DNP Selectome Fund (DNP) has a current Return-on-Tangible-Equity of 29.27%. The current Return-on-Tangible-Equity is 29.27%, which is 131% above median its 10-year median of 12.67 and 290.3% above the Asset Management industry median of 7.50. DNP Selectome Fund's overall GF Score™ is 33/100 with 7 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 DNP Selectome Fund (DNP), the current Return-on-Tangible-Equity is 29.27% 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.
DNP Select Income Fund Inc is a closed-ended investment management fund. Its investment objectives are current income and long-term growth of income, with capital appreciation as a secondary objective. The Fund seeks to achieve its investment objectives by investing mainly in a diversified portfolio of equity and fixed-income securities of companies in the public utilities industry. Under normal market conditions, more than 65% of the Fund's total assets are invested in securities of public utility companies engaged in the production, transmission, or distribution of electric energy, gas, or telephone services.
33GF Score
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