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Templeton Emerging Markets FundEMF +1.81%38 Return-on-Tangible-Equity is 66.20% as of Feb. 2026, which is 410% above its 10-year median of 12.97. GuruFocus rates EMF with a GF Score™ of 38/100. The stock has 6 warning signs investors should review. Among 1,587 Asset Management companies, Templeton Emerging Markets Fund ranks better than 93.76% on this metric.
The historical rank and industry rank for Templeton Emerging Markets Fund's Return-on-Tangible-Equity or its related term are showing as below:
EMF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.36 Med: 12.97 Max: 51.41
Current: 51.41
During the past 9 years, Templeton Emerging Markets Fund's highest Return-on-Tangible-Equity was 51.41%. The lowest was -31.36%. And the median was 12.97%.
EMF's Return-on-Tangible-Equity is ranked better than 93.76% of 1587
companies
in the Asset Management industry
Industry Median: 7.3
vs EMF: 51.41
Templeton Emerging Markets Fund (NYSE:EMF) 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.
Templeton Emerging Markets Fund Return-on-Tangible-Equity Related Terms
Templeton Emerging Markets 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.
Templeton Emerging Markets Fund Return-on-Tangible-Equity Chart
EMF vs JRI, HPF, ZTR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Templeton Emerging Markets 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.
Templeton Emerging Markets Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Templeton Emerging Markets Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Templeton Emerging Markets 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 (Feb. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 66.20% mean?
Templeton Emerging Markets Fund (EMF) has a Return-on-Tangible-Equity of 66.20% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Templeton Emerging Markets Fund and its competitors. This is 410% above median its historical median of 12.97. According to the industry distribution chart, Templeton Emerging Markets Fund ranks #99 out of 1587 companies in the Asset Management industry, placing it in the top 6.2%.
Is Templeton Emerging Markets Fund's Return-on-Tangible-Equity too high?
Templeton Emerging Markets Fund's current Return-on-Tangible-Equity of 66.20% is 410% above median its 10-year median of 12.97. The Asset Management industry median Return-on-Tangible-Equity is 7.30. Templeton Emerging Markets Fund's value of 66.20% is 806.8% above this industry median. Based on the distribution chart, Templeton Emerging Markets Fund ranks #99 out of 1587 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Templeton Emerging Markets Fund has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Templeton Emerging Markets Fund's Return-on-Tangible-Equity compare to JRI and HPF?
According to the Asset Management industry distribution chart, Templeton Emerging Markets Fund ranks #99 out of 1587 companies for Return-on-Tangible-Equity. This places Templeton Emerging Markets Fund in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.30. Templeton Emerging Markets Fund's value of 66.20% is 806.8% above this benchmark. While the company's 10-year median is 12.97 vs. the industry median of 7.30, Templeton Emerging Markets 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 7.30, 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. Templeton Emerging Markets Fund's current Return-on-Tangible-Equity of 66.20% is 806.8% 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 Templeton Emerging Markets Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Templeton Emerging Markets Fund's current Return-on-Tangible-Equity is 66.20%, which is 410% above median its own 10-year median of 12.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Templeton Emerging Markets Fund stock overvalued right now?
Templeton Emerging Markets Fund (EMF) has a current Return-on-Tangible-Equity of 66.20%. The current Return-on-Tangible-Equity is 66.20%, which is 410% above median its 10-year median of 12.97 and 806.8% above the Asset Management industry median of 7.30. Templeton Emerging Markets Fund's overall GF Score™ is 38/100 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 Templeton Emerging Markets Fund (EMF), the current Return-on-Tangible-Equity is 66.20% as of Feb. 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.
Templeton Emerging Markets Fund is a closed-end management investment company that seeks long-term capital appreciation by investing mainly in emerging country equity securities under normal market conditions. It invests across various sectors, including Pharmaceuticals, Beverages, Broadline Retail, Metals & Mining, Banks, Food Products, Semiconductors & Semiconductor Equipment, Insurance, Entertainment, and others.
38GF Score
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