Viva Wine Group ABCHIX:VIVAS 74 Return-on-Tangible-Asset is 4.28% as of Mar. 2026, which is 57% below its 10-year median of 10.00. GuruFocus rates CHIX:VIVAS with a GF Score™ of 74/100. The stock has 4 warning signs investors should review. Among 214 Beverages - Alcoholic companies, Viva Wine Group AB ranks better than 79.91% 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. Viva Wine Group AB's annualizedNet Income for the quarter that ended in Mar. 2026 was kr104 Mil. Viva Wine Group AB's average total tangible assets for the quarter that ended in Mar. 2026 was kr2,428 Mil. Therefore, Viva Wine Group AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.28%.
The historical rank and industry rank for Viva Wine Group AB's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:VIVAs'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.22 Med: 10 Max: 26.04
Current: 9.46
During the past 9 years, Viva Wine Group AB's highest Return-on-Tangible-Asset was 26.04%. The lowest was 6.22%. And the median was 10.00%.
CHIX:VIVAs's Return-on-Tangible-Asset is ranked better than 79.91% of 214
companies
in the Beverages - Alcoholic industry
Industry Median: 3.085
vs CHIX:VIVAs: 9.46
Viva Wine Group AB (CHIX:VIVAs) 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.
Viva Wine Group AB Return-on-Tangible-Asset Related Terms
Viva Wine Group AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Viva Wine Group AB'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:VIVAS vs BF.B: Return-on-Tangible-Asset Comparison
For the Beverages - Wineries & Distilleries subindustry, Viva Wine Group AB'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.
Viva Wine Group AB Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Viva Wine Group AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Viva Wine Group AB'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 4.28% mean?
Viva Wine Group AB (CHIX:VIVAS) has a Return-on-Tangible-Asset of 4.28% 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 Viva Wine Group AB and its competitors. This is 57% below median its historical median of 10.00. Over the past decade, Viva Wine Group AB's Return-on-Tangible-Asset has ranged from 6.22 to 26.04. According to the industry distribution chart, Viva Wine Group AB ranks #43 out of 214 companies in the Beverages - Alcoholic industry, placing it in the top 20.1%.
Is Viva Wine Group AB's Return-on-Tangible-Asset too high?
Viva Wine Group AB's current Return-on-Tangible-Asset of 4.28% is 57% below median its 10-year median of 10.00. Over the past 10 years, this metric has ranged from a low of 6.22 to a high of 26.04. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.09. Viva Wine Group AB's value of 4.28% is 38.7% above this industry median. Based on the distribution chart, Viva Wine Group AB ranks #43 out of 214 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Viva Wine Group AB has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Viva Wine Group AB's Return-on-Tangible-Asset compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Viva Wine Group AB ranks #43 out of 214 companies for Return-on-Tangible-Asset. This places Viva Wine Group AB in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. Viva Wine Group AB's value of 4.28% is 38.7% above this benchmark. Historically, Viva Wine Group AB's own Return-on-Tangible-Asset has ranged from 6.22 to 26.04 over the past decade. While the company's 10-year median is 10.00 vs. the industry median of 3.09, Viva Wine Group AB 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.09, based on 214 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. Viva Wine Group AB's current Return-on-Tangible-Asset of 4.28% is 38.7% 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 Viva Wine Group AB and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viva Wine Group AB's current Return-on-Tangible-Asset is 4.28%, which is 57% below median its own 10-year median of 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Wine Group AB stock overvalued right now?
Viva Wine Group AB (CHIX:VIVAS) has a current Return-on-Tangible-Asset of 4.28%. The current Return-on-Tangible-Asset is 4.28%, which is 57% below median its 10-year median of 10.00 and 38.7% above the Beverages - Alcoholic industry median of 3.09. Viva Wine Group AB's overall GF Score™ is 74/100 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 Viva Wine Group AB (CHIX:VIVAS), the current Return-on-Tangible-Asset is 4.28% 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.
Viva Wine Group AB is a Swedish wine company that trades in alcoholic beverages and sells both wholly owned and partner brands in various markets. Its business is divided into two segments, which are Nordics(B2B) and eCom(B2C). The Nordics segment accounts for the majority of revenue and includes customers such as state retail monopolies Systembolaget, Alko, and Vinmonopolet, as well as wholesalers, hotels, and restaurants. The eCom segment focuses on consumer e-commerce sales in Europe, while the Other segment includes the company's pilot sales to B2B customers in the United States. The company's geographical segments include Sweden, Finland, Germany, Norway, and other countries.
74GF Score
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