TwentyFour Select Monthlyome FundLSE:SMIF +0.47%41 Return-on-Tangible-Equity is 0.12% as of Mar. 2026, which is 99% below its 10-year median of 8.52. GuruFocus rates LSE:SMIF with a GF Score™ of 41/100 and a GF Value™ of £0.41 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,590 Asset Management companies, TwentyFour Select Monthlyome Fund ranks worse than 52.89% on this metric.
The historical rank and industry rank for TwentyFour Select Monthlyome Fund's Return-on-Tangible-Equity or its related term are showing as below:
LSE:SMIF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.53 Med: 8.52 Max: 19.68
Current: 6.29
During the past 12 years, TwentyFour Select Monthlyome Fund's highest Return-on-Tangible-Equity was 19.68%. The lowest was -21.53%. And the median was 8.52%.
LSE:SMIF's Return-on-Tangible-Equity is ranked worse than 52.89% of 1590
companies
in the Asset Management industry
Industry Median: 7.12
vs LSE:SMIF: 6.29
TwentyFour Select Monthlyome Fund (LSE:SMIF) 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.
TwentyFour Select Monthlyome Fund Return-on-Tangible-Equity Related Terms
TwentyFour Select Monthlyome Fund 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.
TwentyFour Select Monthlyome Fund Return-on-Tangible-Equity Chart
LSE:SMIF vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, TwentyFour Select Monthlyome Fund'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.
TwentyFour Select Monthlyome Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, TwentyFour Select Monthlyome Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where TwentyFour Select Monthlyome Fund'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.12% mean?
TwentyFour Select Monthlyome Fund (LSE:SMIF) has a Return-on-Tangible-Equity of 0.12% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on TwentyFour Select Monthlyome Fund and its competitors. This is 99% below median its historical median of 8.52. According to the industry distribution chart, TwentyFour Select Monthlyome Fund ranks #841 out of 1590 companies in the Asset Management industry, placing it in the top 52.9%.
Is TwentyFour Select Monthlyome Fund's Return-on-Tangible-Equity too high?
TwentyFour Select Monthlyome Fund's current Return-on-Tangible-Equity of 0.12% is 99% below median its 10-year median of 8.52. The Asset Management industry median Return-on-Tangible-Equity is 7.12. TwentyFour Select Monthlyome Fund's value of 0.12% is 98.3% below this industry median. Based on the distribution chart, TwentyFour Select Monthlyome Fund ranks #841 out of 1590 companies in the Asset Management industry, which is below the industry midpoint. Overall, TwentyFour Select Monthlyome Fund has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TwentyFour Select Monthlyome Fund's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, TwentyFour Select Monthlyome Fund ranks #841 out of 1590 companies for Return-on-Tangible-Equity. This places TwentyFour Select Monthlyome Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.12. TwentyFour Select Monthlyome Fund's value of 0.12% is 98.3% below this benchmark. While the company's 10-year median is 8.52 vs. the industry median of 7.12, TwentyFour Select Monthlyome Fund has consistently been below 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. TwentyFour Select Monthlyome Fund's current Return-on-Tangible-Equity of 0.12% is 98.3% below 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 TwentyFour Select Monthlyome Fund 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. TwentyFour Select Monthlyome Fund's current Return-on-Tangible-Equity is 0.12%, which is 99% below median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TwentyFour Select Monthlyome Fund stock overvalued right now?
Based on GuruFocus' analysis, TwentyFour Select Monthlyome Fund (LSE:SMIF) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.41, compared to a current price of £0.86 — trading 110.7% above its estimated fair value. The current Return-on-Tangible-Equity is 0.12%, which is 99% below median its 10-year median of 8.52 and 98.3% below the Asset Management industry median of 7.12. TwentyFour Select Monthlyome Fund's overall GF Score™ is 41/100 with 7 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 TwentyFour Select Monthlyome Fund (LSE:SMIF), the current Return-on-Tangible-Equity is 0.12% as of Mar. 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 TwentyFour Select Monthlyome Fund (LSE:SMIF) Overvalued in 2026?
Based on GuruFocus' analysis, TwentyFour Select Monthlyome Fund stock appears to be overvalued.
The current stock price of £0.86 is trading 110.7% above its estimated GF Value™ of £0.41.
GuruFocus considers TwentyFour Select Monthlyome Fund to be Significantly Overvalued.
Key valuation signals for LSE:SMIF:
Return-on-Tangible-Equity: 0.12% (99% below median its 10-year median of 8.52)
GF Value™: £0.41 vs. price of £0.86 (110.7% above fair value)
Industry Position: 98.3% below the Asset Management median (#841 of 1590)
No single metric tells the full story. See the LSE:SMIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TwentyFour Select Monthlyome Fund Business Description
TwentyFour Select Monthly Income Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to generate attractive risk-adjusted returns, principally through income distributions. The company's investment policy is to invest in a diversified portfolio that comprises any category of credit security including bank capital, corporate bonds, high-yield bonds, leveraged loans, payment-in-kind notes, and asset-backed securities.
41GF Score
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