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Fidelity Asian ValuesLSE:FAS +0.70%55 Return-on-Tangible-Equity is 20.17% as of Jan. 2026, which is 120% above its 10-year median of 9.16. GuruFocus rates LSE:FAS with a GF Score™ of 55/100 and a GF Value™ of £11.85 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,591 Asset Management companies, Fidelity Asian Values ranks better than 75.61% 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. Fidelity Asian Values's annualized net income for the quarter that ended in Jan. 2026 was £82.40 Mil. Fidelity Asian Values's average shareholder tangible equity for the quarter that ended in Jan. 2026 was £408.49 Mil. Therefore, Fidelity Asian Values's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 20.17%.
The historical rank and industry rank for Fidelity Asian Values's Return-on-Tangible-Equity or its related term are showing as below:
LSE:FAS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.65 Med: 9.16 Max: 32.7
Current: 18.19
During the past 13 years, Fidelity Asian Values's highest Return-on-Tangible-Equity was 32.70%. The lowest was -18.65%. And the median was 9.16%.
LSE:FAS's Return-on-Tangible-Equity is ranked better than 75.61% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs LSE:FAS: 18.19
Fidelity Asian Values (LSE:FAS) 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.
Fidelity Asian Values Return-on-Tangible-Equity Related Terms
Fidelity Asian Values Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fidelity Asian Values's Return-on-Tangible-Equity can be seen below:
* 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.
Fidelity Asian Values Return-on-Tangible-Equity Chart
LSE:FAS vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Fidelity Asian Values'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.
Fidelity Asian Values Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fidelity Asian Values's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fidelity Asian Values'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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.17% mean?
Fidelity Asian Values (LSE:FAS) has a Return-on-Tangible-Equity of 20.17% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Fidelity Asian Values and its competitors. This is 120% above median its historical median of 9.16. According to the industry distribution chart, Fidelity Asian Values ranks #388 out of 1591 companies in the Asset Management industry, placing it in the top 24.4%.
Is Fidelity Asian Values' Return-on-Tangible-Equity too high?
Fidelity Asian Values' current Return-on-Tangible-Equity of 20.17% is 120% above median its 10-year median of 9.16. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Fidelity Asian Values' value of 20.17% is 179.8% above this industry median. Based on the distribution chart, Fidelity Asian Values ranks #388 out of 1591 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Fidelity Asian Values has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fidelity Asian Values' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Fidelity Asian Values ranks #388 out of 1591 companies for Return-on-Tangible-Equity. This places Fidelity Asian Values in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Fidelity Asian Values' value of 20.17% is 179.8% above this benchmark. While the company's 10-year median is 9.16 vs. the industry median of 7.21, Fidelity Asian Values 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 7.21, 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. Fidelity Asian Values's current Return-on-Tangible-Equity of 20.17% is 179.8% 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 Fidelity Asian Values and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fidelity Asian Values's current Return-on-Tangible-Equity is 20.17%, which is 120% above median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fidelity Asian Values stock overvalued right now?
Based on GuruFocus' analysis, Fidelity Asian Values (LSE:FAS) is currently considered Possible Value Trap. The stock's GF Value™ is £11.85, compared to a current price of £5.74 — trading 51.6% below its estimated fair value. The current Return-on-Tangible-Equity is 20.17%, which is 120% above median its 10-year median of 9.16 and 179.8% above the Asset Management industry median of 7.21. Fidelity Asian Values' overall GF Score™ is 55/100 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 Fidelity Asian Values (LSE:FAS), the current Return-on-Tangible-Equity is 20.17% as of Jan. 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.
Is Fidelity Asian Values (LSE:FAS) Overvalued in 2026?
Based on GuruFocus' analysis, Fidelity Asian Values stock appears to be undervalued.
The current stock price of £5.74 is trading 51.6% below its estimated GF Value™ of £11.85.
GuruFocus considers Fidelity Asian Values to be Possible Value Trap.
Key valuation signals for LSE:FAS:
Return-on-Tangible-Equity: 20.17% (120% above median its 10-year median of 9.16)
GF Value™: £11.85 vs. price of £5.74 (51.6% below fair value)
Industry Position: 179.8% above the Asset Management median (#388 of 1591)
No single metric tells the full story. See the LSE:FAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fidelity Asian Values PLC is an investment trust that provides investment solutions and retirement expertise to institutions, individuals and their advisers. The company's objective is to achieve long-term capital growth principally from the stock markets of the Asian Region excluding Japan. The company invests across multiple sectors such as financials, consumer discretionary, industrials, consumer staples, materials, real estate, energy, healthcare, utilities, information technology, and communication services.
55GF Score
Get the complete analysis for LSE:FAS
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