Destiny Tech100DXYZ -3.76%14 Return-on-Tangible-Equity is 30.38% as of Dec. 2025, which is 479% above its 10-year median of 5.25. GuruFocus rates DXYZ with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 1,588 Asset Management companies, Destiny Tech100 ranks better than 81.11% 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. Destiny Tech100's annualized net income for the quarter that ended in Dec. 2025 was $77.97 Mil. Destiny Tech100's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $256.67 Mil. Therefore, Destiny Tech100's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 30.38%.
The historical rank and industry rank for Destiny Tech100's Return-on-Tangible-Equity or its related term are showing as below:
DXYZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.57 Med: 5.25 Max: 28.41
Current: 22.75
During the past 4 years, Destiny Tech100's highest Return-on-Tangible-Equity was 28.41%. The lowest was -7.57%. And the median was 5.25%.
DXYZ's Return-on-Tangible-Equity is ranked better than 81.11% of 1588
companies
in the Asset Management industry
Industry Median: 7.205
vs DXYZ: 22.75
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.
Destiny Tech100 Return-on-Tangible-Equity Related Terms
Destiny Tech100 Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Destiny Tech100'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.
DXYZ vs BTO, THQ, FFC: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Destiny Tech100'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.
Destiny Tech100 Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Destiny Tech100's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Destiny Tech100'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 30.38% mean?
Destiny Tech100 (DXYZ) has a Return-on-Tangible-Equity of 30.38% 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 Destiny Tech100 and its competitors. This is 479% above median its historical median of 5.25. According to the industry distribution chart, Destiny Tech100 ranks #300 out of 1588 companies in the Asset Management industry, placing it in the top 18.9%.
Is Destiny Tech100's Return-on-Tangible-Equity too high?
Destiny Tech100's current Return-on-Tangible-Equity of 30.38% is 479% above median its 10-year median of 5.25. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Destiny Tech100's value of 30.38% is 321.7% above this industry median. Based on the distribution chart, Destiny Tech100 ranks #300 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Destiny Tech100 has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Destiny Tech100's Return-on-Tangible-Equity compare to BTO and THQ?
According to the Asset Management industry distribution chart, Destiny Tech100 ranks #300 out of 1588 companies for Return-on-Tangible-Equity. This places Destiny Tech100 in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Destiny Tech100's value of 30.38% is 321.7% above this benchmark. While the company's 10-year median is 5.25 vs. the industry median of 7.21, Destiny Tech100 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 7.21, 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. Destiny Tech100's current Return-on-Tangible-Equity of 30.38% is 321.7% 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 Destiny Tech100 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. Destiny Tech100's current Return-on-Tangible-Equity is 30.38%, which is 479% above median its own 10-year median of 5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destiny Tech100 stock overvalued right now?
Destiny Tech100 (DXYZ) has a current Return-on-Tangible-Equity of 30.38%. The current Return-on-Tangible-Equity is 30.38%, which is 479% above median its 10-year median of 5.25 and 321.7% above the Asset Management industry median of 7.21. Destiny Tech100's overall GF Score™ is 14/100 with 1 warning sign 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 Destiny Tech100 (DXYZ), the current Return-on-Tangible-Equity is 30.38% 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.
Destiny Tech100 Inc is a non-diversified, closed-end management investment company. It is designed to be an investment portfolio of the Top 100 High-Growth Tech Companies.
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