RCG (RENN Fund) Return-on-Tangible-Equity: 7.67% (As of Dec. 2025) — 25% Below Median


RCG RENN Fund Inc RCG
35 GF Score
Price $3.01
! 5 Warning Signs
View Full Analysis

What is RENN Fund Return-on-Tangible-Equity?

RENN Fund RCG -1.25% 35 Return-on-Tangible-Equity is 7.67% as of Dec. 2025, which is 25% below its 10-year median of 10.16. GuruFocus rates RCG with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 1,588 Asset Management companies, RENN Fund ranks worse than 60.52% 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. RENN Fund's annualized net income for the quarter that ended in Dec. 2025 was $1.50 Mil. RENN Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $19.53 Mil. Therefore, RENN Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.67%.

The historical rank and industry rank for RENN Fund's Return-on-Tangible-Equity or its related term are showing as below:

RCG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.61   Med: 10.16   Max: 36.45
Current: 4.09

During the past 13 years, RENN Fund's highest Return-on-Tangible-Equity was 36.45%. The lowest was -26.61%. And the median was 10.16%.

RCG's Return-on-Tangible-Equity is ranked worse than
60.52% of 1588 companies
in the Asset Management industry
Industry Median: 7.19 vs RCG: 4.09

RENN Fund  (AMEX:RCG) 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.


RENN Fund Return-on-Tangible-Equity Related Terms


RENN Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for RENN Fund'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.

RENN Fund Return-on-Tangible-Equity Chart

RENN Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.45 -26.61 -6.17 33.36 4.07

RENN Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.94 25.46 41.58 0.47 7.67

RCG vs BHV, ICMB, EQS: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, RENN 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.


RENN Fund Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RENN Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where RENN Fund's Return-on-Tangible-Equity falls into.


RCG
35GF Score
RENN Fund Inc RCG
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RENN Fund Return-on-Tangible-Equity Calculation

RENN Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=0.794/( (19.19+19.833 )/ 2 )
=0.794/19.5115
=4.07 %

RENN Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=1.498/( (19.234+19.833)/ 2 )
=1.498/19.5335
=7.67 %

* 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 7.67% mean?
RENN Fund (RCG) has a Return-on-Tangible-Equity of 7.67% 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 RENN Fund and its competitors. This is 25% below median its historical median of 10.16. According to the industry distribution chart, RENN Fund ranks #961 out of 1588 companies in the Asset Management industry, placing it in the top 60.5%.
Is RENN Fund's Return-on-Tangible-Equity too high?
RENN Fund's current Return-on-Tangible-Equity of 7.67% is 25% below median its 10-year median of 10.16. The Asset Management industry median Return-on-Tangible-Equity is 7.19. RENN Fund's value of 7.67% is 6.7% above this industry median. Based on the distribution chart, RENN Fund ranks #961 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, RENN Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does RENN Fund's Return-on-Tangible-Equity compare to BHV and ICMB?
According to the Asset Management industry distribution chart, RENN Fund ranks #961 out of 1588 companies for Return-on-Tangible-Equity. This places RENN Fund in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. RENN Fund's value of 7.67% is 6.7% above this benchmark. While the company's 10-year median is 10.16 vs. the industry median of 7.19, RENN 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. RENN Fund's current Return-on-Tangible-Equity of 7.67% is 6.7% 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 RENN 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. RENN Fund's current Return-on-Tangible-Equity is 7.67%, which is 25% below median its own 10-year median of 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RENN Fund stock overvalued right now?
RENN Fund (RCG) has a current Return-on-Tangible-Equity of 7.67%. The current Return-on-Tangible-Equity is 7.67%, which is 25% below median its 10-year median of 10.16 and 6.7% above the Asset Management industry median of 7.19. RENN Fund's overall GF Score™ is 35/100 with 5 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 RENN Fund (RCG), the current Return-on-Tangible-Equity is 7.67% 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.

RENN Fund Business Description

Address c/o Horizon Asset Management LLC, 470 Park Avenue South, 4th Floor, New York, NY, USA, 10016
RENN Fund Inc is a registered, non-diversified, closed-end management investment company. Its investment objective is to provide shareholders with above-market rates of return through capital appreciation and income by a long-term, value oriented investment process that invests in a wide variety of financial instruments, including but not limited to, common stocks, fixed-income securities, including convertible and non-convertible debt securities or loans, distressed debt, warrants, preferred stock, exchange-traded funds and exchange-traded notes, and other instruments. To a lesser extent, the fund sells short stocks, exchange-traded funds, and exchange-traded notes. It invests in various industries, including communication services, surgical and medical instruments, oil and gas, etc.
35GF Score

Get the complete analysis for RCG

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.01
Price