Dividend Select 15DVVDF 24 Return-on-Tangible-Equity is 26.13% as of Nov. 2025, which is 168% above its 10-year median of 9.75. GuruFocus rates DVVDF with a GF Score™ of 24/100. The stock has 6 warning signs investors should review. Among 1,588 Asset Management companies, Dividend Select 15 ranks better than 69.71% 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. Dividend Select 15's annualized net income for the quarter that ended in Nov. 2025 was $8.89 Mil. Dividend Select 15's average shareholder tangible equity for the quarter that ended in Nov. 2025 was $34.01 Mil. Therefore, Dividend Select 15's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2025 was 26.13%.
The historical rank and industry rank for Dividend Select 15's Return-on-Tangible-Equity or its related term are showing as below:
DVVDF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.46 Med: 9.75 Max: 26.34
Current: 14.39
During the past 13 years, Dividend Select 15's highest Return-on-Tangible-Equity was 26.34%. The lowest was -9.46%. And the median was 9.75%.
DVVDF's Return-on-Tangible-Equity is ranked better than 69.71% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs DVVDF: 14.39
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.
Dividend Select 15 Return-on-Tangible-Equity Related Terms
Dividend Select 15 Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Dividend Select 15'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.
DVVDF vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Dividend Select 15'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.
Dividend Select 15 Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Dividend Select 15's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dividend Select 15'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 (Nov. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.13% mean?
Dividend Select 15 (DVVDF) has a Return-on-Tangible-Equity of 26.13% as of Nov. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Dividend Select 15 and its competitors. This is 168% above median its historical median of 9.75. According to the industry distribution chart, Dividend Select 15 ranks #481 out of 1588 companies in the Asset Management industry, placing it in the top 30.3%.
Is Dividend Select 15's Return-on-Tangible-Equity too high?
Dividend Select 15's current Return-on-Tangible-Equity of 26.13% is 168% above median its 10-year median of 9.75. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Dividend Select 15's value of 26.13% is 263.4% above this industry median. Based on the distribution chart, Dividend Select 15 ranks #481 out of 1588 companies in the Asset Management industry, which is above the industry midpoint. Overall, Dividend Select 15 has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Dividend Select 15's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend Select 15 ranks #481 out of 1588 companies for Return-on-Tangible-Equity. This puts Dividend Select 15 in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.19. Dividend Select 15's value of 26.13% is 263.4% above this benchmark. While the company's 10-year median is 9.75 vs. the industry median of 7.19, Dividend Select 15 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. Dividend Select 15's current Return-on-Tangible-Equity of 26.13% is 263.4% 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 Dividend Select 15 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. Dividend Select 15's current Return-on-Tangible-Equity is 26.13%, which is 168% above median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Select 15 stock overvalued right now?
Dividend Select 15 (DVVDF) has a current Return-on-Tangible-Equity of 26.13%. The current Return-on-Tangible-Equity is 26.13%, which is 168% above median its 10-year median of 9.75 and 263.4% above the Asset Management industry median of 7.19. Dividend Select 15's overall GF Score™ is 24/100 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 Dividend Select 15 (DVVDF), the current Return-on-Tangible-Equity is 26.13% as of Nov. 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.
Dividend Select 15 Corp is a mutual fund corporation based in Canada. Its investment objective is to provide equity shareholders with monthly cash distributions, currently targeted to be at a rate of 10 percent annualized based on the volume-weighted average market price of the Equity shares for the last three trading days of the preceding month; and the opportunity for capital appreciation. The company invests in an actively managed portfolio of common shares of fifteen core large-capitalization, Canadian companies selected from a portfolio universe of over twenty companies. It employs an active covered call writing program to enhance the income earned from the portfolio.
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