Marlin GlobalNZSE:MLN 27 Return-on-Tangible-Equity is -7.30% as of Jun. 2025. GuruFocus rates NZSE:MLN with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 1,590 Asset Management companies, Marlin Global ranks worse than 75.85% 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. Marlin Global's annualized net income for the quarter that ended in Jun. 2025 was NZ$-15.48 Mil. Marlin Global's average shareholder tangible equity for the quarter that ended in Jun. 2025 was NZ$212.08 Mil. Therefore, Marlin Global's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was -7.30%.
The historical rank and industry rank for Marlin Global's Return-on-Tangible-Equity or its related term are showing as below:
NZSE:MLN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.61 Med: 13.97 Max: 34.54
Current: 0.15
During the past 13 years, Marlin Global's highest Return-on-Tangible-Equity was 34.54%. The lowest was -28.61%. And the median was 13.97%.
NZSE:MLN's Return-on-Tangible-Equity is ranked worse than 75.85% of 1590
companies
in the Asset Management industry
Industry Median: 7.12
vs NZSE:MLN: 0.15
Marlin Global (NZSE:MLN) 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.
Marlin Global Return-on-Tangible-Equity Related Terms
Marlin Global Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Marlin Global'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.
NZSE:MLN vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Marlin Global'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.
Marlin Global Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Marlin Global's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Marlin Global'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 (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -7.30% mean?
Marlin Global (NZSE:MLN) has a Return-on-Tangible-Equity of -7.30% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Marlin Global and its competitors. According to the industry distribution chart, Marlin Global ranks #1206 out of 1590 companies in the Asset Management industry, placing it in the top 75.8%.
Is Marlin Global's Return-on-Tangible-Equity too high?
Marlin Global's current Return-on-Tangible-Equity is -7.30%. Based on the distribution chart, Marlin Global ranks #1206 out of 1590 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Marlin Global has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Marlin Global's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Marlin Global ranks #1206 out of 1590 companies for Return-on-Tangible-Equity. This places Marlin Global in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.12. 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. 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 Marlin Global 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. Marlin Global's current Return-on-Tangible-Equity is -7.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marlin Global stock overvalued right now?
Marlin Global (NZSE:MLN) has a current Return-on-Tangible-Equity of -7.30%. The current Return-on-Tangible-Equity is -7.30%. Marlin Global's overall GF Score™ is 27/100 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 Marlin Global (NZSE:MLN), the current Return-on-Tangible-Equity is -7.30% as of Jun. 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.
Marlin Global Ltd is an investment company that invests in growing companies based outside of New Zealand and Australia. The portfolio of the company is managed by Fisher Funds Management Limited. Its objective is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single tax-efficient investment vehicle. The Company operates in a single operating segment, which is international financial investment.
27GF Score
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