MSCome FundMSIF +0.92%49 ROA % is 3.79% as of Mar. 2026, which is 22% below its 10-year median of 4.84. GuruFocus rates MSIF with a GF Score™ of 49/100 and a GF Value™ of $16.25 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,635 Asset Management companies, MSCome Fund ranks better than 61.1% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MSCome Fund's annualizedNet Income for the quarter that ended in Mar. 2026 was $52.89 Mil.
MSCome Fund's average Total Assets over the quarter that ended in Mar. 2026 was $1,395.48 Mil. Therefore, MSCome Fund's annualized ROA % for the quarter that ended in Mar. 2026 was 3.79%.
The historical rank and industry rank for MSCome Fund's ROA % or its related term are showing as below:
MSIF'
s ROA % Range Over the Past 10 Years
Min: -1 Med: 4.84 Max: 7.25
Current: 6.42
During the past 11 years, MSCome Fund's highest ROA % was 7.25%. The lowest was -1.00%. And the median was 4.84%.
MSIF's ROA % is ranked better than 61.1% of 1635
companies
in the Asset Management industry
Industry Median: 3.97
vs MSIF: 6.42
MSCome Fund (NYSE:MSIF) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
MSCome Fund ROA % Related Terms
MSCome Fund ROA % Historical Data
* Premium members only.
The historical data trend for MSCome Fund's ROA % 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.
For the Asset Management subindustry, MSCome Fund's ROA %, along with its competitors' market caps and ROA % 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.
MSCome Fund ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, MSCome Fund's ROA % distribution charts can be found below:
* The bar in red indicates where MSCome Fund's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
MSCome Fund (MSIF) has a ROA % of 3.79% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on MSCome Fund and its competitors. This is 22% below median its historical median of 4.84. According to the industry distribution chart, MSCome Fund ranks #636 out of 1635 companies in the Asset Management industry, placing it in the top 38.9%.
Is MSCome Fund's ROA % too high?
MSCome Fund's current ROA % of 3.79% is 22% below median its 10-year median of 4.84. The Asset Management industry median ROA % is 3.97. MSCome Fund's value of 3.79% is 4.5% below this industry median. Based on the distribution chart, MSCome Fund ranks #636 out of 1635 companies in the Asset Management industry, which is above the industry midpoint. Overall, MSCome Fund has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MSCome Fund's ROA % compare to NML and GUT?
According to the Asset Management industry distribution chart, MSCome Fund ranks #636 out of 1635 companies for ROA %. This puts MSCome Fund in the upper half of its industry. The industry median ROA % is 3.97. MSCome Fund's value of 3.79% is 4.5% below this benchmark. While the company's 10-year median is 4.84 vs. the industry median of 3.97, MSCome Fund has consistently been below 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.97, based on 1,635 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MSCome Fund's current ROA % of 3.79% is 4.5% below 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on MSCome Fund and its competitors. For the Asset Management industry, the median ROA % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSCome Fund's current ROA % is 3.79%, which is 22% below median its own 10-year median of 4.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSCome Fund stock overvalued right now?
Based on GuruFocus' analysis, MSCome Fund (MSIF) is currently considered Possible Value Trap. The stock's GF Value™ is $16.25, compared to a current price of $11.55 — trading 29% below its estimated fair value. The current ROA % is 3.79%, which is 22% below median its 10-year median of 4.84 and 4.5% below the Asset Management industry median of 3.97. MSCome Fund's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For MSCome Fund (MSIF), the current ROA % is 3.79% as of Mar. 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.
Is MSCome Fund (MSIF) Overvalued in 2026?
Based on GuruFocus' analysis, MSCome Fund stock appears to be undervalued.
The current stock price of $11.55 is trading 29% below its estimated GF Value™ of $16.25.
GuruFocus considers MSCome Fund to be Possible Value Trap.
Key valuation signals for MSIF:
ROA %: 3.79% (22% below median its 10-year median of 4.84)
GF Value™: $16.25 vs. price of $11.55 (29% below fair value)
Industry Position: 4.5% below the Asset Management median (#636 of 1635)
No single metric tells the full story. See the MSIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MSC Income Fund Inc is a non-diversified closed-end management investment company. The investment objective is to generate current income through debt and equity investments and the secondary objective is to generate long-term capital appreciation through such investments. The company invests in senior secured term loans, second lien loans, and mezzanine debt and selected equity investments issued by lower middle-market and middle-market companies.
49GF Score
Get the complete analysis for MSIF
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MSIF has been successfully added to your 
