Baker Steel Resources TrustLSE:BSRT -1.20%42 Return-on-Tangible-Equity is 54.17% as of Dec. 2025, which is 239% above its 10-year median of 15.99. GuruFocus rates LSE:BSRT with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 1,589 Asset Management companies, Baker Steel Resources Trust ranks better than 92.26% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Baker Steel Resources Trust's annualized net income for the quarter that ended in Dec. 2025 was £69.61 Mil. Baker Steel Resources Trust's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £128.51 Mil. Therefore, Baker Steel Resources Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 54.17%.
The historical rank and industry rank for Baker Steel Resources Trust's Return-on-Tangible-Equity or its related term are showing as below:
LSE:BSRT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.47 Med: 15.99 Max: 42.92
Current: 42.92
During the past 13 years, Baker Steel Resources Trust's highest Return-on-Tangible-Equity was 42.92%. The lowest was -21.47%. And the median was 15.99%.
LSE:BSRT's Return-on-Tangible-Equity is ranked better than 92.26% of 1589
companies
in the Asset Management industry
Industry Median: 7.18
vs LSE:BSRT: 42.92
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.
Baker Steel Resources Trust Return-on-Tangible-Equity Related Terms
Baker Steel Resources 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.
LSE:BSRT vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Baker Steel Resources 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.
Baker Steel Resources Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Baker Steel Resources Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Baker Steel Resources 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 54.17% mean?
Baker Steel Resources Trust (LSE:BSRT) has a Return-on-Tangible-Equity of 54.17% 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 Baker Steel Resources Trust and its competitors. This is 239% above median its historical median of 15.99. According to the industry distribution chart, Baker Steel Resources Trust ranks #123 out of 1589 companies in the Asset Management industry, placing it in the top 7.7%.
Is Baker Steel Resources Trust's Return-on-Tangible-Equity too high?
Baker Steel Resources Trust's current Return-on-Tangible-Equity of 54.17% is 239% above median its 10-year median of 15.99. The Asset Management industry median Return-on-Tangible-Equity is 7.18. Baker Steel Resources Trust's value of 54.17% is 654.5% above this industry median. Based on the distribution chart, Baker Steel Resources Trust ranks #123 out of 1589 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baker Steel Resources Trust has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Baker Steel Resources Trust's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Baker Steel Resources Trust ranks #123 out of 1589 companies for Return-on-Tangible-Equity. This places Baker Steel Resources Trust in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.18. Baker Steel Resources Trust's value of 54.17% is 654.5% above this benchmark. While the company's 10-year median is 15.99 vs. the industry median of 7.18, Baker Steel Resources 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 7.18, 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. Baker Steel Resources Trust's current Return-on-Tangible-Equity of 54.17% is 654.5% 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 Baker Steel Resources Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Steel Resources Trust's current Return-on-Tangible-Equity is 54.17%, which is 239% above median its own 10-year median of 15.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Steel Resources Trust stock overvalued right now?
Baker Steel Resources Trust (LSE:BSRT) has a current Return-on-Tangible-Equity of 54.17%. The current Return-on-Tangible-Equity is 54.17%, which is 239% above median its 10-year median of 15.99 and 654.5% above the Asset Management industry median of 7.18. Baker Steel Resources Trust's overall GF Score™ is 42/100 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 Baker Steel Resources Trust (LSE:BSRT), the current Return-on-Tangible-Equity is 54.17% 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.
Baker Steel Resources Trust Ltd is engaged in the financial services domain. It is a closed-ended investment company seeking capital growth over the long term through a focused global portfolio consisting principally of the equities, loans or related instruments. The company is mainly concerned with investing in the natural resource industry. It invests predominantly in unlisted companies, and also in listed securities with a view to exploiting value inherent in market inefficiencies and pricing anomalies. The company operates in single segment i.e. investing in natural resources companies.
42GF Score
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