Livermore Investments GroupLSE:LIV 31 Return-on-Tangible-Equity is 9.69% as of Dec. 2025, which is 128% above its 10-year median of 4.25. GuruFocus rates LSE:LIV with a GF Score™ of 31/100 and a GF Value™ of £0.47 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,590 Asset Management companies, Livermore Investments Group ranks worse than 62.39% 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. Livermore Investments Group's annualized net income for the quarter that ended in Dec. 2025 was £9.77 Mil. Livermore Investments Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £100.79 Mil. Therefore, Livermore Investments Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.69%.
The historical rank and industry rank for Livermore Investments Group's Return-on-Tangible-Equity or its related term are showing as below:
LSE:LIV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.77 Med: 4.25 Max: 24.17
Current: 3.84
During the past 13 years, Livermore Investments Group's highest Return-on-Tangible-Equity was 24.17%. The lowest was -16.77%. And the median was 4.25%.
LSE:LIV's Return-on-Tangible-Equity is ranked worse than 62.39% of 1590
companies
in the Asset Management industry
Industry Median: 7.12
vs LSE:LIV: 3.84
Livermore Investments Group (LSE:LIV) 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.
Livermore Investments Group Return-on-Tangible-Equity Related Terms
Livermore Investments Group 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.
Livermore Investments Group Return-on-Tangible-Equity Chart
LSE:LIV vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Livermore Investments Group'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.
Livermore Investments Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Livermore Investments Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Livermore Investments Group'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 9.69% mean?
Livermore Investments Group (LSE:LIV) has a Return-on-Tangible-Equity of 9.69% 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 Livermore Investments Group and its competitors. This is 128% above median its historical median of 4.25. According to the industry distribution chart, Livermore Investments Group ranks #992 out of 1590 companies in the Asset Management industry, placing it in the top 62.4%.
Is Livermore Investments Group's Return-on-Tangible-Equity too high?
Livermore Investments Group's current Return-on-Tangible-Equity of 9.69% is 128% above median its 10-year median of 4.25. The Asset Management industry median Return-on-Tangible-Equity is 7.12. Livermore Investments Group's value of 9.69% is 36.1% above this industry median. Based on the distribution chart, Livermore Investments Group ranks #992 out of 1590 companies in the Asset Management industry, which is below the industry midpoint. Overall, Livermore Investments Group has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Livermore Investments Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Livermore Investments Group ranks #992 out of 1590 companies for Return-on-Tangible-Equity. This places Livermore Investments Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.12. Livermore Investments Group's value of 9.69% is 36.1% above this benchmark. While the company's 10-year median is 4.25 vs. the industry median of 7.12, Livermore Investments Group 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 7.12, based on 1,590 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. Livermore Investments Group's current Return-on-Tangible-Equity of 9.69% is 36.1% 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 Livermore Investments Group and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Livermore Investments Group's current Return-on-Tangible-Equity is 9.69%, which is 128% above median its own 10-year median of 4.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Livermore Investments Group stock overvalued right now?
Based on GuruFocus' analysis, Livermore Investments Group (LSE:LIV) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.47, compared to a current price of £0.37 — trading 22.1% below its estimated fair value. The current Return-on-Tangible-Equity is 9.69%, which is 128% above median its 10-year median of 4.25 and 36.1% above the Asset Management industry median of 7.12. Livermore Investments Group's overall GF Score™ is 31/100 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 Livermore Investments Group (LSE:LIV), the current Return-on-Tangible-Equity is 9.69% 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 Livermore Investments Group (LSE:LIV) Overvalued in 2026?
Based on GuruFocus' analysis, Livermore Investments Group stock appears to be undervalued.
The current stock price of £0.37 is trading 22.1% below its estimated GF Value™ of £0.47.
GuruFocus considers Livermore Investments Group to be Modestly Undervalued.
Key valuation signals for LSE:LIV:
Return-on-Tangible-Equity: 9.69% (128% above median its 10-year median of 4.25)
GF Value™: £0.47 vs. price of £0.37 (22.1% below fair value)
Industry Position: 36.1% above the Asset Management median (#992 of 1590)
No single metric tells the full story. See the LSE:LIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Livermore Investments Group Ltd is an investment company. The principal activity of the Company is to carry out investment activities. Its primary investment objective is to generate high current income and regular cash flows. Its portfolio focuses on fixed income instruments, which generate regular cash flows and include exposure mainly to senior secured and usually broadly syndicated U.S. loans, and to a limited extent emerging market debt through investments in Collateralized Loan Obligations (CLOs).
31GF Score
Get the complete analysis for LSE:LIV
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