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.
Murray International TrustLSE:MYI +0.28%62 Return-on-Tangible-Equity is 27.87% as of Dec. 2025, which is 176% above its 10-year median of 10.08. GuruFocus rates LSE:MYI with a GF Score™ of 62/100 and a GF Value™ of £7.84 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,591 Asset Management companies, Murray International Trust ranks better than 77.37% 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. Murray International Trust's annualized net income for the quarter that ended in Dec. 2025 was £505.5 Mil. Murray International Trust's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £1,813.5 Mil. Therefore, Murray International Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 27.87%.
The historical rank and industry rank for Murray International Trust's Return-on-Tangible-Equity or its related term are showing as below:
LSE:MYI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.85 Med: 10.08 Max: 33.55
Current: 19.71
During the past 13 years, Murray International Trust's highest Return-on-Tangible-Equity was 33.55%. The lowest was -7.85%. And the median was 10.08%.
LSE:MYI's Return-on-Tangible-Equity is ranked better than 77.37% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs LSE:MYI: 19.71
Murray International Trust (LSE:MYI) 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.
Murray International Trust Return-on-Tangible-Equity Related Terms
Murray International 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.
Murray International Trust Return-on-Tangible-Equity Chart
LSE:MYI vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Murray International 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.
Murray International Trust Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Murray International Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Murray International 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 27.87% mean?
Murray International Trust (LSE:MYI) has a Return-on-Tangible-Equity of 27.87% 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 Murray International Trust and its competitors. This is 176% above median its historical median of 10.08. According to the industry distribution chart, Murray International Trust ranks #360 out of 1591 companies in the Asset Management industry, placing it in the top 22.6%.
Is Murray International Trust's Return-on-Tangible-Equity too high?
Murray International Trust's current Return-on-Tangible-Equity of 27.87% is 176% above median its 10-year median of 10.08. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Murray International Trust's value of 27.87% is 286.5% above this industry median. Based on the distribution chart, Murray International Trust ranks #360 out of 1591 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Murray International Trust has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Murray International Trust's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Murray International Trust ranks #360 out of 1591 companies for Return-on-Tangible-Equity. This places Murray International Trust in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Murray International Trust's value of 27.87% is 286.5% above this benchmark. While the company's 10-year median is 10.08 vs. the industry median of 7.21, Murray International 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 7.21, 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. Murray International Trust's current Return-on-Tangible-Equity of 27.87% is 286.5% 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 Murray International Trust 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. Murray International Trust's current Return-on-Tangible-Equity is 27.87%, which is 176% above median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murray International Trust stock overvalued right now?
Based on GuruFocus' analysis, Murray International Trust (LSE:MYI) is currently considered Possible Value Trap. The stock's GF Value™ is £7.84, compared to a current price of £3.58 — trading 54.4% below its estimated fair value. The current Return-on-Tangible-Equity is 27.87%, which is 176% above median its 10-year median of 10.08 and 286.5% above the Asset Management industry median of 7.21. Murray International Trust's overall GF Score™ is 62/100 with 5 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 Murray International Trust (LSE:MYI), the current Return-on-Tangible-Equity is 27.87% 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 Murray International Trust (LSE:MYI) Overvalued in 2026?
Based on GuruFocus' analysis, Murray International Trust stock appears to be undervalued.
The current stock price of £3.58 is trading 54.4% below its estimated GF Value™ of £7.84.
GuruFocus considers Murray International Trust to be Possible Value Trap.
Key valuation signals for LSE:MYI:
Return-on-Tangible-Equity: 27.87% (176% above median its 10-year median of 10.08)
GF Value™: £7.84 vs. price of £3.58 (54.4% below fair value)
Industry Position: 286.5% above the Asset Management median (#360 of 1591)
No single metric tells the full story. See the LSE:MYI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Murray International Trust PLC is a UK-based investment trust. It invests in a portfolio that varies from international equities to fixed-income securities, Aberdeen solutions, and property. Investments are made only from a long-term perspective. It generates revenues from the fees it charges based on the levels of assets under management.
62GF Score
Get the complete analysis for LSE:MYI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:MYI has been successfully added to your 
