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BlackRock 2037 Mun TgtBMN -0.20%48 ROE % is 10.57% as of Dec. 2025, which is 201% above its 10-year median of 3.51. GuruFocus rates BMN with a GF Score™ of 48/100 and a GF Value™ of $46.43 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,610 Asset Management companies, BlackRock 2037 Mun Tgt ranks worse than 57.89% on this metric.
The historical rank and industry rank for BlackRock 2037 Mun Tgt's ROE % or its related term are showing as below:
BMN'
s ROE % Range Over the Past 10 Years
Min: 1.64 Med: 3.51 Max: 7.39
Current: 4.57
During the past 4 years, BlackRock 2037 Mun Tgt's highest ROE % was 7.39%. The lowest was 1.64%. And the median was 3.51%.
BMN's ROE % is ranked worse than 57.89% of 1610
companies
in the Asset Management industry
Industry Median: 6.645
vs BMN: 4.57
BlackRock 2037 Mun Tgt (NYSE:BMN) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
* 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, BlackRock 2037 Mun Tgt's ROE %, along with its competitors' market caps and ROE % 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 2037 Mun Tgt ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's ROE % distribution charts can be found below:
* The bar in red indicates where BlackRock 2037 Mun Tgt's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
BlackRock 2037 Mun Tgt (BMN) has a ROE % of 10.57% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BlackRock 2037 Mun Tgt and its competitors. This is 201% above median its historical median of 3.51. Over the past decade, BlackRock 2037 Mun Tgt's ROE % has ranged from 1.64 to 7.39. According to the industry distribution chart, BlackRock 2037 Mun Tgt ranks #932 out of 1610 companies in the Asset Management industry, placing it in the top 57.9%.
Is BlackRock 2037 Mun Tgt's ROE % too high?
BlackRock 2037 Mun Tgt's current ROE % of 10.57% is 201% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 7.39. The Asset Management industry median ROE % is 6.65. BlackRock 2037 Mun Tgt's value of 10.57% is 59.1% above this industry median. Based on the distribution chart, BlackRock 2037 Mun Tgt ranks #932 out of 1610 companies in the Asset Management industry, which is below the industry midpoint. Overall, BlackRock 2037 Mun Tgt has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BlackRock 2037 Mun Tgt's ROE % compare to GLQ and NAZ?
According to the Asset Management industry distribution chart, BlackRock 2037 Mun Tgt ranks #932 out of 1610 companies for ROE %. This places BlackRock 2037 Mun Tgt in the lower half of its industry. The industry median ROE % is 6.65. BlackRock 2037 Mun Tgt's value of 10.57% is 59.1% above this benchmark. Historically, BlackRock 2037 Mun Tgt's own ROE % has ranged from 1.64 to 7.39 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 6.65, BlackRock 2037 Mun Tgt 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.65, based on 1,610 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BlackRock 2037 Mun Tgt's current ROE % of 10.57% is 59.1% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BlackRock 2037 Mun Tgt and its competitors. For the Asset Management industry, the median ROE % is 6.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock 2037 Mun Tgt's current ROE % is 10.57%, which is 201% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock 2037 Mun Tgt stock overvalued right now?
Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt (BMN) is currently considered Possible Value Trap. The stock's GF Value™ is $46.43, compared to a current price of $25.51 — trading 45.1% below its estimated fair value. The current ROE % is 10.57%, which is 201% above median its 10-year median of 3.51 and 59.1% above the Asset Management industry median of 6.65. BlackRock 2037 Mun Tgt's overall GF Score™ is 48/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For BlackRock 2037 Mun Tgt (BMN), the current ROE % is 10.57% 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.
Is BlackRock 2037 Mun Tgt (BMN) Overvalued in 2026?
Based on GuruFocus' analysis, BlackRock 2037 Mun Tgt stock appears to be undervalued.
The current stock price of $25.51 is trading 45.1% below its estimated GF Value™ of $46.43.
GuruFocus considers BlackRock 2037 Mun Tgt to be Possible Value Trap.
Key valuation signals for BMN:
ROE %: 10.57% (201% above median its 10-year median of 3.51)
GF Value™: $46.43 vs. price of $25.51 (45.1% below fair value)
Industry Position: 59.1% above the Asset Management median (#932 of 1610)
No single metric tells the full story. See the BMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax. The Trust invests in investment grade quality securities or securities that are unrated but judged to be of comparable quality by the investment adviser.
48GF Score
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