Lazard Global Total Return & FdLGI +0.38%54 Return-on-Tangible-Equity is 15.50% as of Dec. 2025, which is 6% above its 10-year median of 14.61. GuruFocus rates LGI with a GF Score™ of 54/100 and a GF Value™ of $22.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,588 Asset Management companies, Lazard Global Total Return & Fd ranks better than 69.52% on this metric.
The historical rank and industry rank for Lazard Global Total Return & Fd's Return-on-Tangible-Equity or its related term are showing as below:
LGI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.73 Med: 14.61 Max: 25.63
Current: 14.3
During the past 9 years, Lazard Global Total Return & Fd's highest Return-on-Tangible-Equity was 25.63%. The lowest was -20.73%. And the median was 14.61%.
LGI's Return-on-Tangible-Equity is ranked better than 69.52% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs LGI: 14.30
Lazard Global Total Return & Fd (NYSE:LGI) 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.
Lazard Global Total Return & Fd Return-on-Tangible-Equity Related Terms
Lazard Global Total Return & Fd 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.
Lazard Global Total Return & Fd Return-on-Tangible-Equity Chart
LGI vs FTF, PSF, EIC: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Lazard Global Total Return & Fd'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.
Lazard Global Total Return & Fd Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lazard Global Total Return & Fd'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 15.50% mean?
Lazard Global Total Return & Fd (LGI) has a Return-on-Tangible-Equity of 15.50% 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 Lazard Global Total Return & Fd and its competitors. This is near median its historical median of 14.61. According to the industry distribution chart, Lazard Global Total Return & Fd ranks #484 out of 1588 companies in the Asset Management industry, placing it in the top 30.5%.
Is Lazard Global Total Return & Fd's Return-on-Tangible-Equity too high?
Lazard Global Total Return & Fd's current Return-on-Tangible-Equity of 15.50% is near median its 10-year median of 14.61. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Lazard Global Total Return & Fd's value of 15.50% is 115.6% above this industry median. Based on the distribution chart, Lazard Global Total Return & Fd ranks #484 out of 1588 companies in the Asset Management industry, which is above the industry midpoint. Overall, Lazard Global Total Return & Fd has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lazard Global Total Return & Fd's Return-on-Tangible-Equity compare to FTF and PSF?
According to the Asset Management industry distribution chart, Lazard Global Total Return & Fd ranks #484 out of 1588 companies for Return-on-Tangible-Equity. This puts Lazard Global Total Return & Fd in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.19. Lazard Global Total Return & Fd's value of 15.50% is 115.6% above this benchmark. While the company's 10-year median is 14.61 vs. the industry median of 7.19, Lazard Global Total Return & Fd 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. Lazard Global Total Return & Fd's current Return-on-Tangible-Equity of 15.50% is 115.6% 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 Lazard Global Total Return & Fd 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. Lazard Global Total Return & Fd's current Return-on-Tangible-Equity is 15.50%, which is near median its own 10-year median of 14.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard Global Total Return & Fd stock overvalued right now?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd (LGI) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.01, compared to a current price of $18.55 — trading 15.7% below its estimated fair value. The current Return-on-Tangible-Equity is 15.50%, which is near median its 10-year median of 14.61 and 115.6% above the Asset Management industry median of 7.19. Lazard Global Total Return & Fd's overall GF Score™ is 54/100 with 4 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 Lazard Global Total Return & Fd (LGI), the current Return-on-Tangible-Equity is 15.50% 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 Lazard Global Total Return & Fd (LGI) Overvalued in 2026?
Based on GuruFocus' analysis, Lazard Global Total Return & Fd stock appears to be undervalued.
The current stock price of $18.55 is trading 15.7% below its estimated GF Value™ of $22.01.
GuruFocus considers Lazard Global Total Return & Fd to be Modestly Undervalued.
Key valuation signals for LGI:
Return-on-Tangible-Equity: 15.50% (near median its 10-year median of 14.61)
GF Value™: $22.01 vs. price of $18.55 (15.7% below fair value)
Industry Position: 115.6% above the Asset Management median (#484 of 1588)
No single metric tells the full story. See the LGI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lazard Global Total Return & Fd Business Description
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investments consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt and others.
54GF Score
Get the complete analysis for LGI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LGI has been successfully added to your 
