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MUE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.26 Med: 3.08 Max: 9.36
Current: -6.2
During the past 10 years, BlackRock MuniHoldings Quality Fund II's highest Return-on-Tangible-Equity was 9.36%. The lowest was -13.26%. And the median was 3.08%.
MUE's Return-on-Tangible-Equity is not ranked
in the Asset Management industry.
Industry Median: 7.5
vs MUE: -6.20
BlackRock MuniHoldings Quality Fund II (NYSE:MUE) 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.
BlackRock MuniHoldings Quality Fund II Return-on-Tangible-Equity Related Terms
BlackRock MuniHoldings Quality Fund II 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.
BlackRock MuniHoldings Quality Fund II Return-on-Tangible-Equity Chart
BlackRock MuniHoldings Quality Fund II Annual Data
MUE vs TSI, NPV, SABA: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, BlackRock MuniHoldings Quality Fund II'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.
BlackRock MuniHoldings Quality Fund II Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock MuniHoldings Quality Fund II's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where BlackRock MuniHoldings Quality Fund II'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 (Jul. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -12.80% mean?
BlackRock MuniHoldings Quality Fund II (MUE) has a Return-on-Tangible-Equity of -12.80% as of Jul. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BlackRock MuniHoldings Quality Fund II and its competitors.
Is BlackRock MuniHoldings Quality Fund II's Return-on-Tangible-Equity too high?
BlackRock MuniHoldings Quality Fund II's current Return-on-Tangible-Equity is -12.80%. Overall, BlackRock MuniHoldings Quality Fund II has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock MuniHoldings Quality Fund II's Return-on-Tangible-Equity compare to TSI and NPV?
BlackRock MuniHoldings Quality Fund II's Return-on-Tangible-Equity of -12.80% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Equity is 7.50. 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 7.50, based on 1,587 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 BlackRock MuniHoldings Quality Fund II and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock MuniHoldings Quality Fund II's current Return-on-Tangible-Equity is -12.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock MuniHoldings Quality Fund II stock overvalued right now?
BlackRock MuniHoldings Quality Fund II (MUE) has a current Return-on-Tangible-Equity of -12.80%. The current Return-on-Tangible-Equity is -12.80%. BlackRock MuniHoldings Quality Fund II's overall GF Score™ is 21/100 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 BlackRock MuniHoldings Quality Fund II (MUE), the current Return-on-Tangible-Equity is -12.80% as of Jul. 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.
BlackRock MuniHoldings Quality Fund II Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide shareholders with current income exempt from U.S. federal income taxes. The Trust seeks to achieve its investment objective by investing principally in long-term, investment-grade municipal obligations exempt from U.S. federal income taxes. Under normal market conditions, the Trust invests at least 80% of its assets in municipal obligations with remaining maturities of one year or more at the time of investment.
21GF Score
Get the complete analysis for MUE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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