MSCIMSCI -0.73%95 Return-on-Tangible-Asset is 88.29% as of Mar. 2026, which is 180% above its 10-year median of 31.50. GuruFocus rates MSCI with a GF Score™ of 95/100 and a GF Value™ of $714.54 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 816 Capital Markets companies, MSCI ranks better than 99.51% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. MSCI's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,624 Mil. MSCI's average total tangible assets for the quarter that ended in Mar. 2026 was $1,839 Mil. Therefore, MSCI's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 88.29%.
The historical rank and industry rank for MSCI's Return-on-Tangible-Asset or its related term are showing as below:
MSCI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 22.02 Med: 31.5 Max: 78.44
Current: 78.44
During the past 13 years, MSCI's highest Return-on-Tangible-Asset was 78.44%. The lowest was 22.02%. And the median was 31.50%.
MSCI's Return-on-Tangible-Asset is ranked better than 99.51% of 816
companies
in the Capital Markets industry
Industry Median: 1.515
vs MSCI: 78.44
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
MSCI Return-on-Tangible-Asset Related Terms
MSCI Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for MSCI's Return-on-Tangible-Asset 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.
MSCI vs COIN, NDAQ, CBOE: Return-on-Tangible-Asset Comparison
For the Financial Data & Stock Exchanges subindustry, MSCI's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
MSCI Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, MSCI's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where MSCI's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible 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.
What does a Return-on-Tangible-Asset of 88.29% mean?
MSCI (MSCI) has a Return-on-Tangible-Asset of 88.29% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on MSCI and its competitors. This is 180% above median its historical median of 31.50. Over the past decade, MSCI's Return-on-Tangible-Asset has ranged from 22.02 to 78.44. According to the industry distribution chart, MSCI ranks #4 out of 816 companies in the Capital Markets industry, placing it in the top 0.5%.
Is MSCI's Return-on-Tangible-Asset too high?
MSCI's current Return-on-Tangible-Asset of 88.29% is 180% above median its 10-year median of 31.50. Over the past 10 years, this metric has ranged from a low of 22.02 to a high of 78.44. The Capital Markets industry median Return-on-Tangible-Asset is 1.52. MSCI's value of 88.29% is 5727.7% above this industry median. Based on the distribution chart, MSCI ranks #4 out of 816 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, MSCI has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MSCI's Return-on-Tangible-Asset compare to COIN and NDAQ?
According to the Capital Markets industry distribution chart, MSCI ranks #4 out of 816 companies for Return-on-Tangible-Asset. This places MSCI in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.52. MSCI's value of 88.29% is 5727.7% above this benchmark. Historically, MSCI's own Return-on-Tangible-Asset has ranged from 22.02 to 78.44 over the past decade. While the company's 10-year median is 31.50 vs. the industry median of 1.52, MSCI 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 Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.52, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MSCI's current Return-on-Tangible-Asset of 88.29% is 5727.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on MSCI and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSCI's current Return-on-Tangible-Asset is 88.29%, which is 180% above median its own 10-year median of 31.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSCI stock overvalued right now?
Based on GuruFocus' analysis, MSCI (MSCI) is currently considered Modestly Undervalued. The stock's GF Value™ is $714.54, compared to a current price of $577.29 — trading 19.2% below its estimated fair value. The current Return-on-Tangible-Asset is 88.29%, which is 180% above median its 10-year median of 31.50 and 5727.7% above the Capital Markets industry median of 1.52. MSCI's overall GF Score™ is 95/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For MSCI (MSCI), the current Return-on-Tangible-Asset is 88.29% 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 MSCI (MSCI) Overvalued in 2026?
Based on GuruFocus' analysis, MSCI stock appears to be undervalued.
The current stock price of $577.29 is trading 19.2% below its estimated GF Value™ of $714.54.
GuruFocus considers MSCI to be Modestly Undervalued.
Key valuation signals for MSCI:
Return-on-Tangible-Asset: 88.29% (180% above median its 10-year median of 31.50)
GF Value™: $714.54 vs. price of $577.29 (19.2% below fair value)
Industry Position: 5727.7% above the Capital Markets median (#4 of 816)
No single metric tells the full story. See the MSCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MSCI has described its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners. MSCI boasts over $18 trillion (as of December 2025) in benchmarked assets, including over $2.3 trillion in ETF assets linked to MSCI indexes. The MSCI analytics segment provides portfolio management and risk management analytics software to asset managers and asset owners. In its sustainability and climate segment, MSCI provides ESG data to the investment industry. In private assets, MSCI provides real restate reporting, market data, benchmarking, and analytics to investors and real estate managers.
95GF Score
Get the complete analysis for MSCI
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MSCI has been successfully added to your 
