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Vietnam Enterprise InvestmentsLSE:VEIL -0.73%41 Return-on-Tangible-Equity is 40.26% as of Dec. 2025, which is 181% above its 10-year median of 14.35. GuruFocus rates LSE:VEIL with a GF Score™ of 41/100. The stock has 1 warning sign investors should review. Among 1,591 Asset Management companies, Vietnam Enterprise Investments ranks better than 76.93% 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. Vietnam Enterprise Investments's annualized net income for the quarter that ended in Dec. 2025 was £548.6 Mil. Vietnam Enterprise Investments's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £1,362.7 Mil. Therefore, Vietnam Enterprise Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 40.26%.
The historical rank and industry rank for Vietnam Enterprise Investments's Return-on-Tangible-Equity or its related term are showing as below:
LSE:VEIL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -46.04 Med: 14.35 Max: 44.74
Current: 19.55
During the past 13 years, Vietnam Enterprise Investments's highest Return-on-Tangible-Equity was 44.74%. The lowest was -46.04%. And the median was 14.35%.
LSE:VEIL's Return-on-Tangible-Equity is ranked better than 76.93% of 1591
companies
in the Asset Management industry
Industry Median: 7.21
vs LSE:VEIL: 19.55
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.
Vietnam Enterprise Investments Return-on-Tangible-Equity Related Terms
Vietnam Enterprise Investments 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:VEIL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Vietnam Enterprise Investments'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.
Vietnam Enterprise Investments Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vietnam Enterprise Investments's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vietnam Enterprise Investments'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 40.26% mean?
Vietnam Enterprise Investments (LSE:VEIL) has a Return-on-Tangible-Equity of 40.26% 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 Vietnam Enterprise Investments and its competitors. This is 181% above median its historical median of 14.35. According to the industry distribution chart, Vietnam Enterprise Investments ranks #367 out of 1591 companies in the Asset Management industry, placing it in the top 23.1%.
Is Vietnam Enterprise Investments' Return-on-Tangible-Equity too high?
Vietnam Enterprise Investments' current Return-on-Tangible-Equity of 40.26% is 181% above median its 10-year median of 14.35. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Vietnam Enterprise Investments' value of 40.26% is 458.4% above this industry median. Based on the distribution chart, Vietnam Enterprise Investments ranks #367 out of 1591 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Vietnam Enterprise Investments has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Vietnam Enterprise Investments' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Vietnam Enterprise Investments ranks #367 out of 1591 companies for Return-on-Tangible-Equity. This places Vietnam Enterprise Investments in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.21. Vietnam Enterprise Investments' value of 40.26% is 458.4% above this benchmark. While the company's 10-year median is 14.35 vs. the industry median of 7.21, Vietnam Enterprise Investments 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. Vietnam Enterprise Investments's current Return-on-Tangible-Equity of 40.26% is 458.4% 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 Vietnam Enterprise Investments 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. Vietnam Enterprise Investments's current Return-on-Tangible-Equity is 40.26%, which is 181% above median its own 10-year median of 14.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vietnam Enterprise Investments stock overvalued right now?
Vietnam Enterprise Investments (LSE:VEIL) has a current Return-on-Tangible-Equity of 40.26%. The current Return-on-Tangible-Equity is 40.26%, which is 181% above median its 10-year median of 14.35 and 458.4% above the Asset Management industry median of 7.21. Vietnam Enterprise Investments' overall GF Score™ is 41/100 with 1 warning sign 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 Vietnam Enterprise Investments (LSE:VEIL), the current Return-on-Tangible-Equity is 40.26% 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.
Vietnam Enterprise Investments Business Description
Vietnam Enterprise Investments Ltd is a closed-ended investment fund. The investment objective of the company is to invest directly or indirectly in publicly or privately issued securities of companies, projects, and enterprises issued by Vietnamese entities, whether inside or outside Vietnam. The company has one operating segment, which is investment in equity securities in Vietnam.
41GF Score
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