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Vulcan Two GroupLSE:VUL -1.13%19 Return-on-Tangible-Equity is -48.24% as of Dec. 2025. GuruFocus rates LSE:VUL with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 1,589 Asset Management companies, Vulcan Two Group ranks worse than 94.52% 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. Vulcan Two Group's annualized net income for the quarter that ended in Dec. 2025 was £-2.29 Mil. Vulcan Two Group's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £4.74 Mil. Therefore, Vulcan Two Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -48.24%.
The historical rank and industry rank for Vulcan Two Group's Return-on-Tangible-Equity or its related term are showing as below:
LSE:VUL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.22 Med: -25.6 Max: -25.6
Current: -39.22
During the past 4 years, Vulcan Two Group's highest Return-on-Tangible-Equity was -25.60%. The lowest was -39.22%. And the median was -25.60%.
LSE:VUL's Return-on-Tangible-Equity is ranked worse than 94.52% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs LSE:VUL: -39.22
Vulcan Two Group (LSE:VUL) 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.
Vulcan Two Group Return-on-Tangible-Equity Related Terms
Vulcan Two Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vulcan Two Group'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.
LSE:VUL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Vulcan Two 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.
Vulcan Two Group Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vulcan Two Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vulcan Two 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 -48.24% mean?
Vulcan Two Group (LSE:VUL) has a Return-on-Tangible-Equity of -48.24% 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 Vulcan Two Group and its competitors. According to the industry distribution chart, Vulcan Two Group ranks #1502 out of 1589 companies in the Asset Management industry, placing it in the top 94.5%.
Is Vulcan Two Group's Return-on-Tangible-Equity too high?
Vulcan Two Group's current Return-on-Tangible-Equity is -48.24%. Based on the distribution chart, Vulcan Two Group ranks #1502 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Vulcan Two Group has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Vulcan Two Group's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Vulcan Two Group ranks #1502 out of 1589 companies for Return-on-Tangible-Equity. This places Vulcan Two Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. 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 1,589 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. 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 Vulcan Two Group 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. Vulcan Two Group's current Return-on-Tangible-Equity is -48.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Two Group stock overvalued right now?
Vulcan Two Group (LSE:VUL) has a current Return-on-Tangible-Equity of -48.24%. The current Return-on-Tangible-Equity is -48.24%. Vulcan Two Group's overall GF Score™ is 19/100 with 3 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 Vulcan Two Group (LSE:VUL), the current Return-on-Tangible-Equity is -48.24% 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.
Vulcan Two Group PLC is principally engaged in the acquisition and subsequent development of assets within a target sector or industry. The group currently consists of CloudRx, Hyperdrug and Webmed. CloudRx provides a digital end-to-end prescription fulfilment service for private prescribers. Hyperdrug is a D2C digital pharmacy and online pet store, dispensing and distributing veterinary and human medications, as well as a wide range of animal products and accessories. Webmed is a vertically integrated B2C digital pharmacy, dispensing and distributing medications through a bespoke consumer-facing eCommerce website.
19GF Score
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