BlackRock MuniHoldings New Jersey Quality FundMUJ +0.32%31 Return-on-Tangible-Equity is 16.54% as of Jan. 2026, which is 465% above its 10-year median of 2.93. GuruFocus rates MUJ with a GF Score™ of 31/100. The stock has 3 warning signs investors should review. Among 1,588 Asset Management companies, BlackRock MuniHoldings New Jersey Quality Fund ranks worse than 62.22% on this metric.
MUJ's Return-on-Tangible-Equity is ranked worse than 62.22% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs MUJ: 3.73
BlackRock MuniHoldings New Jersey Quality Fund (NYSE:MUJ) 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 New Jersey Quality Fund Return-on-Tangible-Equity Related Terms
BlackRock MuniHoldings New Jersey Quality 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.
BlackRock MuniHoldings New Jersey Quality Fund Return-on-Tangible-Equity Chart
BlackRock MuniHoldings New Jersey Quality Fund Annual Data
MUJ vs ACP, NOAH, BHK: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, BlackRock MuniHoldings New Jersey Quality 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.
BlackRock MuniHoldings New Jersey Quality Fund Return-on-Tangible-Equity vs Asset Management Industry
* 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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.54% mean?
BlackRock MuniHoldings New Jersey Quality Fund (MUJ) has a Return-on-Tangible-Equity of 16.54% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on BlackRock MuniHoldings New Jersey Quality Fund and its competitors. This is 465% above median its historical median of 2.93. According to the industry distribution chart, BlackRock MuniHoldings New Jersey Quality Fund ranks #988 out of 1588 companies in the Asset Management industry, placing it in the top 62.2%.
Is BlackRock MuniHoldings New Jersey Quality Fund's Return-on-Tangible-Equity too high?
BlackRock MuniHoldings New Jersey Quality Fund's current Return-on-Tangible-Equity of 16.54% is 465% above median its 10-year median of 2.93. The Asset Management industry median Return-on-Tangible-Equity is 7.19. BlackRock MuniHoldings New Jersey Quality Fund's value of 16.54% is 130% above this industry median. Based on the distribution chart, BlackRock MuniHoldings New Jersey Quality Fund ranks #988 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, BlackRock MuniHoldings New Jersey Quality Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock MuniHoldings New Jersey Quality Fund's Return-on-Tangible-Equity compare to ACP and NOAH?
According to the Asset Management industry distribution chart, BlackRock MuniHoldings New Jersey Quality Fund ranks #988 out of 1588 companies for Return-on-Tangible-Equity. This places BlackRock MuniHoldings New Jersey Quality Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. BlackRock MuniHoldings New Jersey Quality Fund's value of 16.54% is 130% above this benchmark. While the company's 10-year median is 2.93 vs. the industry median of 7.19, BlackRock MuniHoldings New Jersey Quality Fund 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 7.19, based on 1,588 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. BlackRock MuniHoldings New Jersey Quality Fund's current Return-on-Tangible-Equity of 16.54% is 130% 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 BlackRock MuniHoldings New Jersey Quality Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock MuniHoldings New Jersey Quality Fund's current Return-on-Tangible-Equity is 16.54%, which is 465% above median its own 10-year median of 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock MuniHoldings New Jersey Quality Fund stock overvalued right now?
BlackRock MuniHoldings New Jersey Quality Fund (MUJ) has a current Return-on-Tangible-Equity of 16.54%. The current Return-on-Tangible-Equity is 16.54%, which is 465% above median its 10-year median of 2.93 and 130% above the Asset Management industry median of 7.19. BlackRock MuniHoldings New Jersey Quality Fund's overall GF Score™ is 31/100 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 BlackRock MuniHoldings New Jersey Quality Fund (MUJ), the current Return-on-Tangible-Equity is 16.54% as of Jan. 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.
BlackRock MuniHoldings New Jersey Quality Fund Business Description
BlackRock MuniHoldings New Jersey Quality Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income exempt from U.S. federal income tax and New Jersey personal income taxes. The fund mainly invests in long-term, investment-grade municipal obligations exempt from U.S federal income taxes (except that the interest may be subject to the U.S. federal alternative minimum tax) and New Jersey personal income taxes, with remaining maturities of one year or more at the time of investment. The rest of its managed assets can be invested in securities that are rated below investment grade (or similar instruments), or invested directly in securities or synthetically through the use of derivatives.
31GF Score
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