Voya Infrastructure, Industrials and Materials FundIDE -0.88%30 Return-on-Tangible-Equity is 38.47% as of Feb. 2026, which is 298% above its 10-year median of 9.66. GuruFocus rates IDE with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,591 Asset Management companies, Voya Infrastructure, Industrials and Materials Fund ranks better than 88.06% on this metric.
IDE's Return-on-Tangible-Equity is ranked better than 88.06% of 1591
companies
in the Asset Management industry
Industry Median: 7.05
vs IDE: 32.37
Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) 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.
Voya Infrastructure, Industrials and Materials Fund Return-on-Tangible-Equity Related Terms
Voya Infrastructure, Industrials and Materials 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.
Voya Infrastructure, Industrials and Materials Fund Return-on-Tangible-Equity Chart
Voya Infrastructure, Industrials and Materials Fund Annual Data
IDE vs BXSY, IIF, ETX: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Voya Infrastructure, Industrials and Materials 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.
Voya Infrastructure, Industrials and Materials Fund Return-on-Tangible-Equity vs Asset Management Industry
* 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 38.47% mean?
Voya Infrastructure, Industrials and Materials Fund (IDE) has a Return-on-Tangible-Equity of 38.47% 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 Voya Infrastructure, Industrials and Materials Fund and its competitors. This is 298% above median its historical median of 9.66. According to the industry distribution chart, Voya Infrastructure, Industrials and Materials Fund ranks #190 out of 1591 companies in the Asset Management industry, placing it in the top 11.9%.
Is Voya Infrastructure, Industrials and Materials Fund's Return-on-Tangible-Equity too high?
Voya Infrastructure, Industrials and Materials Fund's current Return-on-Tangible-Equity of 38.47% is 298% above median its 10-year median of 9.66. The Asset Management industry median Return-on-Tangible-Equity is 7.05. Voya Infrastructure, Industrials and Materials Fund's value of 38.47% is 445.7% above this industry median. Based on the distribution chart, Voya Infrastructure, Industrials and Materials Fund ranks #190 out of 1591 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Voya Infrastructure, Industrials and Materials Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Voya Infrastructure, Industrials and Materials Fund's Return-on-Tangible-Equity compare to BXSY and IIF?
According to the Asset Management industry distribution chart, Voya Infrastructure, Industrials and Materials Fund ranks #190 out of 1591 companies for Return-on-Tangible-Equity. This places Voya Infrastructure, Industrials and Materials Fund in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.05. Voya Infrastructure, Industrials and Materials Fund's value of 38.47% is 445.7% above this benchmark. While the company's 10-year median is 9.66 vs. the industry median of 7.05, Voya Infrastructure, Industrials and Materials 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 7.05, based on 1,591 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. Voya Infrastructure, Industrials and Materials Fund's current Return-on-Tangible-Equity of 38.47% is 445.7% 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 Voya Infrastructure, Industrials and Materials Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voya Infrastructure, Industrials and Materials Fund's current Return-on-Tangible-Equity is 38.47%, which is 298% above median its own 10-year median of 9.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Infrastructure, Industrials and Materials Fund stock overvalued right now?
Voya Infrastructure, Industrials and Materials Fund (IDE) has a current Return-on-Tangible-Equity of 38.47%. The current Return-on-Tangible-Equity is 38.47%, which is 298% above median its 10-year median of 9.66 and 445.7% above the Asset Management industry median of 7.05. Voya Infrastructure, Industrials and Materials Fund's overall GF Score™ is 30/100 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 Voya Infrastructure, Industrials and Materials Fund (IDE), the current Return-on-Tangible-Equity is 38.47% 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.
Voya Infrastructure, Industrials and Materials Fund Business Description
Voya Infrastructure, Industrials and Materials Fund is a diversified closed-end management investment company. The primary objective of this investment fund is to achieve total return by combining current income, capital gains, and capital appreciation. To achieve this objective, the fund invests in companies that own and/or operate infrastructure facilities in the infrastructure sector, as well as in a broad range of companies in the industrials and materials sectors that the Sub-Adviser believes will benefit from infrastructure building, renovation, expansion, and utilization.
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