BlackRock Frontiers Investment Trust (CHIX:BRFIL) ROE %: 9.97% (As of Mar. 2026) — 14% Below Median


CHIX:BRFIL BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
51 GF Score
Price £1.48
GF Value £1.60
! 4 Warning Signs
View Full Analysis

What is BlackRock Frontiers Investment Trust ROE %?

BlackRock Frontiers Investment Trust CHIX:BRFIL 51 ROE % is 9.97% as of Mar. 2026, which is 14% below its 10-year median of 11.62. GuruFocus rates CHIX:BRFIL with a GF Score™ of 51/100 and a GF Value™ of £1.60. The stock has 4 warning signs investors should review. Among 1,609 Asset Management companies, BlackRock Frontiers Investment Trust ranks better than 80.98% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BlackRock Frontiers Investment Trust's annualized net income for the quarter that ended in Mar. 2026 was £30.89 Mil. BlackRock Frontiers Investment Trust's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was £309.94 Mil. Therefore, BlackRock Frontiers Investment Trust's annualized ROE % for the quarter that ended in Mar. 2026 was 9.97%.

The historical rank and industry rank for BlackRock Frontiers Investment Trust's ROE % or its related term are showing as below:

CHIX:BRFIl' s ROE % Range Over the Past 10 Years
Min: -21.49   Med: 11.62   Max: 44.14
Current: 18.89

During the past 13 years, BlackRock Frontiers Investment Trust's highest ROE % was 44.14%. The lowest was -21.49%. And the median was 11.62%.

CHIX:BRFIl's ROE % is ranked better than
80.98% of 1609 companies
in the Asset Management industry
Industry Median: 6.52 vs CHIX:BRFIl: 18.89

BlackRock Frontiers Investment Trust  (CHIX:BRFIl) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=30.892/309.939
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(30.892 / 32.94)*(32.94 / 322.58)*(322.58 / 309.939)
=Net Margin %*Asset Turnover*Equity Multiplier
=93.78 %*0.1021*1.0408
=ROA %*Equity Multiplier
=9.57 %*1.0408
=9.97 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=30.892/309.939
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (30.892 / 31.54) * (31.54 / 32.94) * (32.94 / 322.58) * (322.58 / 309.939)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.9795 * 95.75 % * 0.1021 * 1.0408
=9.97 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) 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.


BlackRock Frontiers Investment Trust ROE % Related Terms


BlackRock Frontiers Investment Trust ROE % Historical Data

* Premium members only.

The historical data trend for BlackRock Frontiers Investment Trust's ROE % 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.

BlackRock Frontiers Investment Trust ROE % Chart

BlackRock Frontiers Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.14 -12.42 21.56 14.73 13.66

BlackRock Frontiers Investment Trust Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % 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 22.34 7.57 0.46 26.93 9.97

CHIX:BRFIL vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, BlackRock Frontiers Investment Trust'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 Frontiers Investment Trust ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Frontiers Investment Trust's ROE % distribution charts can be found below:

* The bar in red indicates where BlackRock Frontiers Investment Trust's ROE % falls into.


CHIX:BRFIL
51GF Score
BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock Frontiers Investment Trust ROE % Calculation

BlackRock Frontiers Investment Trust's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=43.562/( (307.12+330.586)/ 2 )
=43.562/318.853
=13.66 %

BlackRock Frontiers Investment Trust's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=30.892/( (330.586+289.292)/ 2 )
=30.892/309.939
=9.97 %

* 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 (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.97% mean?
BlackRock Frontiers Investment Trust (CHIX:BRFIL) has a ROE % of 9.97% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on BlackRock Frontiers Investment Trust and its competitors. This is 14% below median its historical median of 11.62. According to the industry distribution chart, BlackRock Frontiers Investment Trust ranks #306 out of 1609 companies in the Asset Management industry, placing it in the top 19%.
Is BlackRock Frontiers Investment Trust's ROE % too high?
BlackRock Frontiers Investment Trust's current ROE % of 9.97% is 14% below median its 10-year median of 11.62. The Asset Management industry median ROE % is 6.52. BlackRock Frontiers Investment Trust's value of 9.97% is 52.9% above this industry median. Based on the distribution chart, BlackRock Frontiers Investment Trust ranks #306 out of 1609 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackRock Frontiers Investment Trust has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Frontiers Investment Trust's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, BlackRock Frontiers Investment Trust ranks #306 out of 1609 companies for ROE %. This places BlackRock Frontiers Investment Trust in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 6.52. BlackRock Frontiers Investment Trust's value of 9.97% is 52.9% above this benchmark. While the company's 10-year median is 11.62 vs. the industry median of 6.52, BlackRock Frontiers Investment Trust 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 6.52, based on 1,609 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 Frontiers Investment Trust's current ROE % of 9.97% is 52.9% 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 Frontiers Investment Trust and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Frontiers Investment Trust's current ROE % is 9.97%, which is 14% below median its own 10-year median of 11.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Frontiers Investment Trust stock overvalued right now?
BlackRock Frontiers Investment Trust (CHIX:BRFIL) has a current ROE % of 9.97%. The stock's GF Value™ is £1.60, compared to a current price of £1.48 — trading 7.8% below its estimated fair value. The current ROE % is 9.97%, which is 14% below median its 10-year median of 11.62 and 52.9% above the Asset Management industry median of 6.52. BlackRock Frontiers Investment Trust's overall GF Score™ is 51/100 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 Frontiers Investment Trust (CHIX:BRFIL), the current ROE % is 9.97% 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 BlackRock Frontiers Investment Trust (CHIX:BRFIL) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock Frontiers Investment Trust stock appears to be undervalued. The current stock price of £1.48 is trading 7.8% below its estimated GF Value™ of £1.60.

Key valuation signals for CHIX:BRFIL:

  • ROE %: 9.97% (14% below median its 10-year median of 11.62)
  • GF Value™: £1.60 vs. price of £1.48 (7.8% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 52.9% above the Asset Management median (#306 of 1609)

No single metric tells the full story. See the CHIX:BRFIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BlackRock Frontiers Investment Trust Business Description

Other Exchanges BRFI:UK
Address 12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Frontiers Investment Trust PLC is an investment company based in the UK. The company's investment objective is to achieve long-term capital growth from investment in companies operating in Frontier Markets or whose stocks are listed on the stock markets of such countries. It invests across other sectors like Financials, Energy, Consumer Staples, Information Technology, Communication Services, and others. The maximum revenue of the company is from investment in Financial sector, followed by Industrials and others. The company's investments are spread across the world.
51GF Score

Get the complete analysis for CHIX:BRFIL

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£1.48
Price
£1.60
GF Value