GAMCO Natural Resources, Gold &ome TrustGNT +0.61%67 Return-on-Tangible-Equity is 40.87% as of Dec. 2025, which is 388% above its 10-year median of 8.37. GuruFocus rates GNT with a GF Score™ of 67/100 and a GF Value™ of $26.03 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,589 Asset Management companies, GAMCO Natural Resources, Gold &ome Trust ranks better than 91.32% on this metric.
GNT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.3 Med: 8.37 Max: 40.65
Current: 40.65
During the past 9 years, GAMCO Natural Resources, Gold &ome Trust's highest Return-on-Tangible-Equity was 40.65%. The lowest was -11.30%. And the median was 8.37%.
GNT's Return-on-Tangible-Equity is ranked better than 91.32% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs GNT: 40.65
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.
GAMCO Natural Resources, Gold &ome Trust Return-on-Tangible-Equity Related Terms
GAMCO Natural Resources, Gold &ome Trust 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.
GNT vs BWG, CGO, NMI: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, GAMCO Natural Resources, Gold &ome Trust'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.
GAMCO Natural Resources, Gold &ome Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, GAMCO Natural Resources, Gold &ome Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GAMCO Natural Resources, Gold &ome Trust'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 40.87% mean?
GAMCO Natural Resources, Gold &ome Trust (GNT) has a Return-on-Tangible-Equity of 40.87% 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 GAMCO Natural Resources, Gold &ome Trust and its competitors. This is 388% above median its historical median of 8.37. According to the industry distribution chart, GAMCO Natural Resources, Gold &ome Trust ranks #138 out of 1589 companies in the Asset Management industry, placing it in the top 8.7%.
Is GAMCO Natural Resources, Gold &ome Trust's Return-on-Tangible-Equity too high?
GAMCO Natural Resources, Gold &ome Trust's current Return-on-Tangible-Equity of 40.87% is 388% above median its 10-year median of 8.37. The Asset Management industry median Return-on-Tangible-Equity is 7.21. GAMCO Natural Resources, Gold &ome Trust's value of 40.87% is 466.9% above this industry median. Based on the distribution chart, GAMCO Natural Resources, Gold &ome Trust ranks #138 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, GAMCO Natural Resources, Gold &ome Trust has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GAMCO Natural Resources, Gold &ome Trust's Return-on-Tangible-Equity compare to BWG and CGO?
According to the Asset Management industry distribution chart, GAMCO Natural Resources, Gold &ome Trust ranks #138 out of 1589 companies for Return-on-Tangible-Equity. This places GAMCO Natural Resources, Gold &ome Trust in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. GAMCO Natural Resources, Gold &ome Trust's value of 40.87% is 466.9% above this benchmark. While the company's 10-year median is 8.37 vs. the industry median of 7.21, GAMCO Natural Resources, Gold &ome Trust 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 1,589 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. GAMCO Natural Resources, Gold &ome Trust's current Return-on-Tangible-Equity of 40.87% is 466.9% 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 GAMCO Natural Resources, Gold &ome Trust 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. GAMCO Natural Resources, Gold &ome Trust's current Return-on-Tangible-Equity is 40.87%, which is 388% above median its own 10-year median of 8.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAMCO Natural Resources, Gold &ome Trust stock overvalued right now?
Based on GuruFocus' analysis, GAMCO Natural Resources, Gold &ome Trust (GNT) is currently considered Possible Value Trap. The stock's GF Value™ is $26.03, compared to a current price of $8.25 — trading 68.3% below its estimated fair value. The current Return-on-Tangible-Equity is 40.87%, which is 388% above median its 10-year median of 8.37 and 466.9% above the Asset Management industry median of 7.21. GAMCO Natural Resources, Gold &ome Trust's overall GF Score™ is 67/100 with 2 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 GAMCO Natural Resources, Gold &ome Trust (GNT), the current Return-on-Tangible-Equity is 40.87% 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.
Is GAMCO Natural Resources, Gold &ome Trust (GNT) Overvalued in 2026?
Based on GuruFocus' analysis, GAMCO Natural Resources, Gold &ome Trust stock appears to be undervalued.
The current stock price of $8.25 is trading 68.3% below its estimated GF Value™ of $26.03.
GuruFocus considers GAMCO Natural Resources, Gold &ome Trust to be Possible Value Trap.
Key valuation signals for GNT:
Return-on-Tangible-Equity: 40.87% (388% above median its 10-year median of 8.37)
GF Value™: $26.03 vs. price of $8.25 (68.3% below fair value)
Industry Position: 466.9% above the Asset Management median (#138 of 1589)
No single metric tells the full story. See the GNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GAMCO Natural Resources, Gold &ome Trust Business Description
GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums with its secondary objective being capital appreciation. Under normal market conditions, the company invests majority of its assets in securities of companies principally engaged in the natural resources and gold industries, and also engages in writing covered call options on the underlying equity securities. Its portfolio consists of securities from different sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.
67GF Score
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