Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for BlackRock New Energy Investment Trust's Return-on-Tangible-Equity or its related term are showing as below:
LSE:BRNS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -60.16 Med: -1.02 Max: 41.06
Current: 24.18
During the past 12 years, BlackRock New Energy Investment Trust's highest Return-on-Tangible-Equity was 41.06%. The lowest was -60.16%. And the median was -1.02%.
LSE:BRNS's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.445
vs LSE:BRNS: 24.18
BlackRock New Energy Investment Trust (LSE:BRNS) 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.
BlackRock New Energy Investment Trust Return-on-Tangible-Equity Related Terms
BlackRock New Energy 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.
BlackRock New Energy Investment Trust Return-on-Tangible-Equity Chart
LSE:BRNS vs OFS, MVC, BANX: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, BlackRock New Energy 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.
BlackRock New Energy Investment Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock New Energy Investment Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BlackRock New Energy 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 (Oct. 2013) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.69% mean?
BlackRock New Energy Investment Trust (LSE:BRNS) has a Return-on-Tangible-Equity of 15.69% as of Oct. 2013. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BlackRock New Energy Investment Trust and its competitors.
Is BlackRock New Energy Investment Trust's Return-on-Tangible-Equity too high?
BlackRock New Energy Investment Trust's current Return-on-Tangible-Equity is 15.69%. The Asset Management industry median Return-on-Tangible-Equity is 7.45. BlackRock New Energy Investment Trust's value of 15.69% is 110.7% above this industry median.
How does BlackRock New Energy Investment Trust's Return-on-Tangible-Equity compare to OFS and MVC?
BlackRock New Energy Investment Trust's Return-on-Tangible-Equity of 15.69% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.45. BlackRock New Energy Investment Trust's value of 15.69% is 110.7% 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 7.45, based on 1,576 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. BlackRock New Energy Investment Trust's current Return-on-Tangible-Equity of 15.69% is 110.7% 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 BlackRock New Energy Investment Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock New Energy Investment Trust's current Return-on-Tangible-Equity is 15.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock New Energy Investment Trust stock overvalued right now?
BlackRock New Energy Investment Trust (LSE:BRNS) has a current Return-on-Tangible-Equity of 15.69%. The current Return-on-Tangible-Equity is 15.69% and 110.7% above the Asset Management industry median of 7.45. 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 BlackRock New Energy Investment Trust (LSE:BRNS), the current Return-on-Tangible-Equity is 15.69% as of Oct. 2013. 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.
BlackRock New Energy Investment Trust PLC is an investment trust. Its objective is to generate long term capital growth for its shareholders by investing globally in companies which have a significant focus on alternative energy or energy technology. In seeking to achieve this objective, the company invests globally in companies that have a significant involvement in renewable energy, Developers, Renewable EnergyTechnology, Energy Efficiency, Alternative Fuels and Enabling Energy & Infrastructure.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:BRNS has been successfully added to your 
