BlackRock Frontiers Investment Trust (CHIX:BRFIL) Tax Expense: £2.59 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:BRFIL BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
62 GF Score
Price £1.48
GF Value £1.57
! 5 Warning Signs
View Full Analysis

What is BlackRock Frontiers Investment Trust Tax Expense?

BlackRock Frontiers Investment Trust CHIX:BRFIL 62 Tax Expense is £2.59 Mil as of Mar. 2026. GuruFocus rates CHIX:BRFIL with a GF Score™ of 62/100 and a GF Value™ of £1.57. The stock has 5 warning signs investors should review.

BlackRock Frontiers Investment Trust's tax expense for the months ended in Mar. 2026 was £0.32 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was £2.59 Mil.


BlackRock Frontiers Investment Trust  (CHIX:BRFIl) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


BlackRock Frontiers Investment Trust Tax Expense Related Terms


BlackRock Frontiers Investment Trust Tax Expense Historical Data

* Premium members only.

The historical data trend for BlackRock Frontiers Investment Trust's Tax Expense 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 Tax Expense Chart

BlackRock Frontiers Investment Trust Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.72 1.03 2.29 2.72

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
Tax Expense 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 0.54 1.77 0.47 2.27 0.32
CHIX:BRFIL
62GF Score
BlackRock Frontiers Investment Trust PLC CHIX:BRFIL
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock Frontiers Investment Trust Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £2.59 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of £2.59 Mil mean?
BlackRock Frontiers Investment Trust (CHIX:BRFIL) has a Tax Expense of £2.59 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on BlackRock Frontiers Investment Trust and its competitors.
Is BlackRock Frontiers Investment Trust's Tax Expense too high?
BlackRock Frontiers Investment Trust's current Tax Expense is £2.59 Mil. Overall, BlackRock Frontiers Investment Trust has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Frontiers Investment Trust's Tax Expense compare to BLK and BX?
BlackRock Frontiers Investment Trust's Tax Expense of £2.59 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for an Asset Management company?
A good Tax Expense depends on the Asset Management industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on BlackRock Frontiers Investment Trust and its competitors. BlackRock Frontiers Investment Trust's current Tax Expense is £2.59 Mil. 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 Tax Expense of £2.59 Mil. The stock's GF Value™ is £1.57, compared to a current price of £1.48 — trading 6.1% below its estimated fair value. The current Tax Expense is £2.59 Mil. BlackRock Frontiers Investment Trust's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For BlackRock Frontiers Investment Trust (CHIX:BRFIL), the current Tax Expense is £2.59 Mil 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 6.1% below its estimated GF Value™ of £1.57.

Key valuation signals for CHIX:BRFIL:

  • Tax Expense: £2.59 Mil
  • GF Value™: £1.57 vs. price of £1.48 (6.1% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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.
62GF Score

Get the complete analysis for CHIX:BRFIL

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

£1.48
Price
£1.57
GF Value