British & American Investment TrustLSE:BAF Return-on-Tangible-Equity is 69.39% as of Dec. 2025. Among 1,588 Asset Management companies, British & American Investment Trust ranks worse than 97.8% on this metric.
The historical rank and industry rank for British & American Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:
LSE:BAF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -110.51 Med: -2.63 Max: 39.24
Current: -110.51
During the past 13 years, British & American Investment Trust's highest Return-on-Tangible-Equity was 39.24%. The lowest was -110.51%. And the median was -2.63%.
LSE:BAF's Return-on-Tangible-Equity is ranked worse than 97.8% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs LSE:BAF: -110.51
British & American Investment Trust (LSE:BAF) 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.
British & American Investment Trust Return-on-Tangible-Equity Related Terms
British & American Investment 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.
British & American Investment Trust Return-on-Tangible-Equity Chart
LSE:BAF vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, British & American Investment 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.
British & American Investment Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, British & American Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where British & American Investment 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 69.39% mean?
British & American Investment Trust (LSE:BAF) has a Return-on-Tangible-Equity of 69.39% 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 British & American Investment Trust and its competitors. According to the industry distribution chart, British & American Investment Trust ranks #1553 out of 1588 companies in the Asset Management industry, placing it in the top 97.8%.
Is British & American Investment Trust's Return-on-Tangible-Equity too high?
British & American Investment Trust's current Return-on-Tangible-Equity is 69.39%. The Asset Management industry median Return-on-Tangible-Equity is 7.19. British & American Investment Trust's value of 69.39% is 865.1% above this industry median. Based on the distribution chart, British & American Investment Trust ranks #1553 out of 1588 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does British & American Investment Trust's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, British & American Investment Trust ranks #1553 out of 1588 companies for Return-on-Tangible-Equity. This places British & American Investment Trust in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. British & American Investment Trust's value of 69.39% is 865.1% above this benchmark. 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. British & American Investment Trust's current Return-on-Tangible-Equity of 69.39% is 865.1% 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 British & American Investment Trust 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. British & American Investment Trust's current Return-on-Tangible-Equity is 69.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is British & American Investment Trust stock overvalued right now?
British & American Investment Trust (LSE:BAF) has a current Return-on-Tangible-Equity of 69.39%. The current Return-on-Tangible-Equity is 69.39% and 865.1% above the Asset Management industry median of 7.19. 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 British & American Investment Trust (LSE:BAF), the current Return-on-Tangible-Equity is 69.39% 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.
British & American Investment Trust Business Description
British & American Investment Trust PLC is a self-managed investment trust operating in the United Kingdom. The company's policy is to invest in investment trusts and other United Kingdom and United States quoted companies to achieve a balance of income and growth.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:BAF has been successfully added to your 