TwentyFourome Fund (LSE:TFIF) ROE %: 11.01% (As of Sep. 2025) — 43% Above Median


LSE:TFIF TwentyFour Income Fund Ltd LSE:TFIF
35 GF Score
Price £1.10
! 6 Warning Signs
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What is TwentyFourome Fund ROE %?

TwentyFourome Fund LSE:TFIF 35 ROE % is 11.01% as of Sep. 2025, which is 43% above its 10-year median of 7.70. GuruFocus rates LSE:TFIF with a GF Score™ of 35/100. The stock has 6 warning signs investors should review. Among 1,612 Asset Management companies, TwentyFourome Fund ranks better than 66.87% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TwentyFourome Fund's annualized net income for the quarter that ended in Sep. 2025 was £94.19 Mil. TwentyFourome Fund's average Total Stockholders Equity over the quarter that ended in Sep. 2025 was £855.68 Mil. Therefore, TwentyFourome Fund's annualized ROE % for the quarter that ended in Sep. 2025 was 11.01%.

The historical rank and industry rank for TwentyFourome Fund's ROE % or its related term are showing as below:

LSE:TFIF' s ROE % Range Over the Past 10 Years
Min: -13.29   Med: 7.7   Max: 24.22
Current: 11.16

During the past 12 years, TwentyFourome Fund's highest ROE % was 24.22%. The lowest was -13.29%. And the median was 7.70%.

LSE:TFIF's ROE % is ranked better than
66.87% of 1612 companies
in the Asset Management industry
Industry Median: 6.395 vs LSE:TFIF: 11.16

TwentyFourome Fund  (LSE:TFIF) 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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=94.194/855.678
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(94.194 / 98.39)*(98.39 / 884.054)*(884.054 / 855.678)
=Net Margin %*Asset Turnover*Equity Multiplier
=95.74 %*0.1113*1.0332
=ROA %*Equity Multiplier
=10.66 %*1.0332
=11.01 %

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: Sep. 2025 )
=Net Income/Total Stockholders Equity
=94.194/855.678
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (94.194 / 94.194) * (94.194 / 98.39) * (98.39 / 884.054) * (884.054 / 855.678)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 95.74 % * 0.1113 * 1.0332
=11.01 %

Note: The net income data used here is two times the semi-annual (Sep. 2025) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


TwentyFourome Fund ROE % Related Terms


TwentyFourome Fund ROE % Historical Data

* Premium members only.

The historical data trend for TwentyFourome Fund'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.

TwentyFourome Fund ROE % Chart

TwentyFourome Fund Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.22 5.62 -3.13 17.68 12.64

TwentyFourome Fund Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 16.26 19.05 14.00 11.34 11.01

LSE:TFIF vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, TwentyFourome Fund'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.


TwentyFourome Fund ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, TwentyFourome Fund's ROE % distribution charts can be found below:

* The bar in red indicates where TwentyFourome Fund's ROE % falls into.


LSE:TFIF
35GF Score
TwentyFour Income Fund Ltd LSE:TFIF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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TwentyFourome Fund ROE % Calculation

TwentyFourome Fund's annualized ROE % for the fiscal year that ended in Mar. 2025 is calculated as

ROE %=Net Income (A: Mar. 2025 )/( (Total Stockholders Equity (A: Mar. 2024 )+Total Stockholders Equity (A: Mar. 2025 ))/ count )
=104.731/( (813.54+843.787)/ 2 )
=104.731/828.6635
=12.64 %

TwentyFourome Fund's annualized ROE % for the quarter that ended in Sep. 2025 is calculated as

ROE %=Net Income (Q: Sep. 2025 )/( (Total Stockholders Equity (Q: Mar. 2025 )+Total Stockholders Equity (Q: Sep. 2025 ))/ count )
=94.194/( (843.787+867.569)/ 2 )
=94.194/855.678
=11.01 %

* 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 (Sep. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 11.01% mean?
TwentyFourome Fund (LSE:TFIF) has a ROE % of 11.01% as of Sep. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TwentyFourome Fund and its competitors. This is 43% above median its historical median of 7.70. According to the industry distribution chart, TwentyFourome Fund ranks #534 out of 1612 companies in the Asset Management industry, placing it in the top 33.1%.
Is TwentyFourome Fund's ROE % too high?
TwentyFourome Fund's current ROE % of 11.01% is 43% above median its 10-year median of 7.70. The Asset Management industry median ROE % is 6.40. TwentyFourome Fund's value of 11.01% is 72.2% above this industry median. Based on the distribution chart, TwentyFourome Fund ranks #534 out of 1612 companies in the Asset Management industry, which is above the industry midpoint. Overall, TwentyFourome Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does TwentyFourome Fund's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, TwentyFourome Fund ranks #534 out of 1612 companies for ROE %. This puts TwentyFourome Fund in the upper half of its industry. The industry median ROE % is 6.40. TwentyFourome Fund's value of 11.01% is 72.2% above this benchmark. While the company's 10-year median is 7.70 vs. the industry median of 6.40, TwentyFourome 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.40, based on 1,612 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. TwentyFourome Fund's current ROE % of 11.01% is 72.2% 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 TwentyFourome Fund and its competitors. For the Asset Management industry, the median ROE % is 6.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TwentyFourome Fund's current ROE % is 11.01%, which is 43% above median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TwentyFourome Fund stock overvalued right now?
TwentyFourome Fund (LSE:TFIF) has a current ROE % of 11.01%. The current ROE % is 11.01%, which is 43% above median its 10-year median of 7.70 and 72.2% above the Asset Management industry median of 6.40. TwentyFourome Fund's overall GF Score™ is 35/100 with 6 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 TwentyFourome Fund (LSE:TFIF), the current ROE % is 11.01% as of Sep. 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.

TwentyFourome Fund Business Description

Address Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL
TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate attractive risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities.
35GF Score

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

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