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Unipol Assicurazioni SpACHIX:UNIM 57 Return-on-Tangible-Asset is 2.07% as of Dec. 2025, which is 138% above its 10-year median of 0.87. GuruFocus rates CHIX:UNIM with a GF Score™ of 57/100 and a GF Value™ of €11.93 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 506 Insurance companies, Unipol Assicurazioni SpA ranks worse than 61.26% 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. Unipol Assicurazioni SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was €1,764 Mil. Unipol Assicurazioni SpA's average total tangible assets for the quarter that ended in Dec. 2025 was €85,075 Mil. Therefore, Unipol Assicurazioni SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.07%.
The historical rank and industry rank for Unipol Assicurazioni SpA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:UNIm'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.39 Med: 0.87 Max: 1.77
Current: 1.77
During the past 13 years, Unipol Assicurazioni SpA's highest Return-on-Tangible-Asset was 1.77%. The lowest was -0.39%. And the median was 0.87%.
CHIX:UNIm's Return-on-Tangible-Asset is ranked worse than 61.26% of 506
companies
in the Insurance industry
Industry Median: 2.71
vs CHIX:UNIm: 1.77
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.
Unipol Assicurazioni SpA Return-on-Tangible-Asset Related Terms
Unipol Assicurazioni SpA Return-on-Tangible-Asset Historical Data
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The historical data trend for Unipol Assicurazioni SpA'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.
CHIX:UNIM vs CB, PGR, TRV: Return-on-Tangible-Asset Comparison
For the Insurance - Property & Casualty subindustry, Unipol Assicurazioni SpA'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.
Unipol Assicurazioni SpA Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Unipol Assicurazioni SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Unipol Assicurazioni SpA'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 2.07% mean?
Unipol Assicurazioni SpA (CHIX:UNIM) has a Return-on-Tangible-Asset of 2.07% 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 Unipol Assicurazioni SpA and its competitors. This is 138% above median its historical median of 0.87. According to the industry distribution chart, Unipol Assicurazioni SpA ranks #310 out of 506 companies in the Insurance industry, placing it in the top 61.3%.
Is Unipol Assicurazioni SpA's Return-on-Tangible-Asset too high?
Unipol Assicurazioni SpA's current Return-on-Tangible-Asset of 2.07% is 138% above median its 10-year median of 0.87. The Insurance industry median Return-on-Tangible-Asset is 2.71. Unipol Assicurazioni SpA's value of 2.07% is 23.6% below this industry median. Based on the distribution chart, Unipol Assicurazioni SpA ranks #310 out of 506 companies in the Insurance industry, which is below the industry midpoint. Overall, Unipol Assicurazioni SpA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Unipol Assicurazioni SpA's Return-on-Tangible-Asset compare to CB and PGR?
According to the Insurance industry distribution chart, Unipol Assicurazioni SpA ranks #310 out of 506 companies for Return-on-Tangible-Asset. This places Unipol Assicurazioni SpA in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Unipol Assicurazioni SpA's value of 2.07% is 23.6% below this benchmark. While the company's 10-year median is 0.87 vs. the industry median of 2.71, Unipol Assicurazioni SpA has consistently been below 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.71, based on 506 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. Unipol Assicurazioni SpA's current Return-on-Tangible-Asset of 2.07% is 23.6% below 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 Unipol Assicurazioni SpA and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unipol Assicurazioni SpA's current Return-on-Tangible-Asset is 2.07%, which is 138% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unipol Assicurazioni SpA stock overvalued right now?
Based on GuruFocus' analysis, Unipol Assicurazioni SpA (CHIX:UNIM) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.93, compared to a current price of €26.24 — trading 119.9% above its estimated fair value. The current Return-on-Tangible-Asset is 2.07%, which is 138% above median its 10-year median of 0.87 and 23.6% below the Insurance industry median of 2.71. Unipol Assicurazioni SpA's overall GF Score™ is 57/100 with 5 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 Unipol Assicurazioni SpA (CHIX:UNIM), the current Return-on-Tangible-Asset is 2.07% 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 Unipol Assicurazioni SpA (CHIX:UNIM) Overvalued in 2026?
Based on GuruFocus' analysis, Unipol Assicurazioni SpA stock appears to be overvalued.
The current stock price of €26.24 is trading 119.9% above its estimated GF Value™ of €11.93.
GuruFocus considers Unipol Assicurazioni SpA to be Significantly Overvalued.
Key valuation signals for CHIX:UNIM:
Return-on-Tangible-Asset: 2.07% (138% above median its 10-year median of 0.87)
GF Value™: €11.93 vs. price of €26.24 (119.9% above fair value)
Industry Position: 23.6% below the Insurance median (#310 of 506)
No single metric tells the full story. See the CHIX:UNIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Unipol Assicurazioni SpA is engaged in providing insurance and banking products in Italy. It offers life insurance, non-life insurance, car insurance, Reinsurance, etc.
57GF Score
Get the complete analysis for CHIX:UNIM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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