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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. Highlight Communications AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €-243.1 Mil. Highlight Communications AG's average total tangible assets for the quarter that ended in Dec. 2025 was €229.0 Mil. Therefore, Highlight Communications AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -106.17%.
The historical rank and industry rank for Highlight Communications AG's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:HLGd'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -60.46 Med: 4.24 Max: 9.05
Current: -60.46
During the past 13 years, Highlight Communications AG's highest Return-on-Tangible-Asset was 9.05%. The lowest was -60.46%. And the median was 4.24%.
CHIX:HLGd's Return-on-Tangible-Asset is ranked worse than 93.22% of 1032
companies
in the Media - Diversified industry
Industry Median: 0.82
vs CHIX:HLGd: -60.46
Highlight Communications AG (CHIX:HLGd) Return-on-Tangible-Asset Explanation
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.
Highlight Communications AG Return-on-Tangible-Asset Related Terms
Highlight Communications AG Return-on-Tangible-Asset Historical Data
* 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.
Highlight Communications AG Return-on-Tangible-Asset Chart
CHIX:HLGD vs NFLX, DIS, WBD: Return-on-Tangible-Asset Comparison
For the Entertainment subindustry, Highlight Communications AG'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.
Highlight Communications AG Return-on-Tangible-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Highlight Communications AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Highlight Communications AG'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -106.17% mean?
Highlight Communications AG (CHIX:HLGD) has a Return-on-Tangible-Asset of -106.17% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Highlight Communications AG and its competitors. According to the industry distribution chart, Highlight Communications AG ranks #962 out of 1032 companies in the Media - Diversified industry, placing it in the top 93.2%.
Is Highlight Communications AG's Return-on-Tangible-Asset too high?
Highlight Communications AG's current Return-on-Tangible-Asset is -106.17%. Based on the distribution chart, Highlight Communications AG ranks #962 out of 1032 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Highlight Communications AG has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Highlight Communications AG's Return-on-Tangible-Asset compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Highlight Communications AG ranks #962 out of 1032 companies for Return-on-Tangible-Asset. This places Highlight Communications AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.82. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,032 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. 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 Highlight Communications AG and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highlight Communications AG's current Return-on-Tangible-Asset is -106.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highlight Communications AG stock overvalued right now?
Highlight Communications AG (CHIX:HLGD) has a current Return-on-Tangible-Asset of -106.17%. The stock's GF Value™ is €11.93, compared to a current price of €3.91 — trading 67.2% below its estimated fair value. The current Return-on-Tangible-Asset is -106.17%. Highlight Communications AG's overall GF Score™ is 50/100 with 4 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 Highlight Communications AG (CHIX:HLGD), the current Return-on-Tangible-Asset is -106.17% 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 Highlight Communications AG (CHIX:HLGD) Overvalued in 2026?
Based on GuruFocus' analysis, Highlight Communications AG stock appears to be undervalued.
The current stock price of €3.91 is trading 67.2% below its estimated GF Value™ of €11.93.
Key valuation signals for CHIX:HLGD:
Return-on-Tangible-Asset: -106.17%
GF Value™: €11.93 vs. price of €3.91 (67.2% below fair value)
No single metric tells the full story. See the CHIX:HLGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highlight Communications AG is a Switzerland-based financial holding company. The company is a film production and license company in German-speaking countries. Its two operating segments include Film and Sports and Event. In the Film segment, the company, along with its subsidiaries, is a producer and distributor of cinema, video, and TV films. In addition to owning and co-producing, it acquires the exploitation rights to third-party productions. The Sports and Event segment mainly comprises activities in the TV and digital areas with the umbrella brand SPORT1 and in the area of production, content solutions services, and content marketing with PLAZAMEDIA. The majority of the comapny's revenue is derived from the Film segment.
50GF Score
Get the complete analysis for CHIX:HLGD
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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