E-L FinancialELFIF +0.54%60 Return-on-Tangible-Asset is 0.42% as of Mar. 2026, which is 87% below its 10-year median of 3.20. GuruFocus rates ELFIF with a GF Score™ of 60/100 and a GF Value™ of $10.76 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 509 Insurance companies, E-L Financial ranks better than 66.21% 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. E-L Financial's annualizedNet Income for the quarter that ended in Mar. 2026 was $90 Mil. E-L Financial's average total tangible assets for the quarter that ended in Mar. 2026 was $21,516 Mil. Therefore, E-L Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.42%.
The historical rank and industry rank for E-L Financial's Return-on-Tangible-Asset or its related term are showing as below:
ELFIF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.31 Med: 3.2 Max: 5.85
Current: 4.11
During the past 13 years, E-L Financial's highest Return-on-Tangible-Asset was 5.85%. The lowest was -1.31%. And the median was 3.20%.
ELFIF's Return-on-Tangible-Asset is ranked better than 66.21% of 509
companies
in the Insurance industry
Industry Median: 2.79
vs ELFIF: 4.11
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.
E-L Financial Return-on-Tangible-Asset Related Terms
E-L Financial Return-on-Tangible-Asset Historical Data
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The historical data trend for E-L Financial'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.
ELFIF vs AFL, MET, PRU: Return-on-Tangible-Asset Comparison
For the Insurance - Life subindustry, E-L Financial'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.
E-L Financial Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, E-L Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where E-L Financial'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 0.42% mean?
E-L Financial (ELFIF) has a Return-on-Tangible-Asset of 0.42% 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 E-L Financial and its competitors. This is 87% below median its historical median of 3.20. According to the industry distribution chart, E-L Financial ranks #172 out of 509 companies in the Insurance industry, placing it in the top 33.8%.
Is E-L Financial's Return-on-Tangible-Asset too high?
E-L Financial's current Return-on-Tangible-Asset of 0.42% is 87% below median its 10-year median of 3.20. The Insurance industry median Return-on-Tangible-Asset is 2.79. E-L Financial's value of 0.42% is 84.9% below this industry median. Based on the distribution chart, E-L Financial ranks #172 out of 509 companies in the Insurance industry, which is above the industry midpoint. Overall, E-L Financial has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does E-L Financial's Return-on-Tangible-Asset compare to AFL and MET?
According to the Insurance industry distribution chart, E-L Financial ranks #172 out of 509 companies for Return-on-Tangible-Asset. This puts E-L Financial in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.79. E-L Financial's value of 0.42% is 84.9% below this benchmark. While the company's 10-year median is 3.20 vs. the industry median of 2.79, E-L Financial 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 2.79, based on 509 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. E-L Financial's current Return-on-Tangible-Asset of 0.42% is 84.9% 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 E-L Financial and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. E-L Financial's current Return-on-Tangible-Asset is 0.42%, which is 87% below median its own 10-year median of 3.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E-L Financial stock overvalued right now?
Based on GuruFocus' analysis, E-L Financial (ELFIF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.76, compared to a current price of $12.02 — trading 11.7% above its estimated fair value. The current Return-on-Tangible-Asset is 0.42%, which is 87% below median its 10-year median of 3.20 and 84.9% below the Insurance industry median of 2.79. E-L Financial's overall GF Score™ is 60/100 with 8 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 E-L Financial (ELFIF), the current Return-on-Tangible-Asset is 0.42% 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 E-L Financial (ELFIF) Overvalued in 2026?
Based on GuruFocus' analysis, E-L Financial stock appears to be overvalued.
The current stock price of $12.02 is trading 11.7% above its estimated GF Value™ of $10.76.
GuruFocus considers E-L Financial to be Modestly Overvalued.
Key valuation signals for ELFIF:
Return-on-Tangible-Asset: 0.42% (87% below median its 10-year median of 3.20)
GF Value™: $10.76 vs. price of $12.02 (11.7% above fair value)
Industry Position: 84.9% below the Insurance median (#172 of 509)
No single metric tells the full story. See the ELFIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies.
60GF Score
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