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Great-West LifecoFRA:GWS +0.95%50 Return-on-Tangible-Asset is 0.59% as of Mar. 2026, which is 2% above its 10-year median of 0.58. GuruFocus rates FRA:GWS with a GF Score™ of 50/100 and a GF Value™ of €32.27 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 506 Insurance companies, Great-West Lifeco ranks worse than 81.42% 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. Great-West Lifeco's annualizedNet Income for the quarter that ended in Mar. 2026 was €3,132 Mil. Great-West Lifeco's average total tangible assets for the quarter that ended in Mar. 2026 was €529,226 Mil. Therefore, Great-West Lifeco's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.59%.
The historical rank and industry rank for Great-West Lifeco's Return-on-Tangible-Asset or its related term are showing as below:
FRA:GWS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.58 Max: 0.75
Current: 0.54
During the past 13 years, Great-West Lifeco's highest Return-on-Tangible-Asset was 0.75%. The lowest was 0.42%. And the median was 0.58%.
FRA:GWS's Return-on-Tangible-Asset is ranked worse than 81.42% of 506
companies
in the Insurance industry
Industry Median: 2.71
vs FRA:GWS: 0.54
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.
Great-West Lifeco Return-on-Tangible-Asset Related Terms
Great-West Lifeco Return-on-Tangible-Asset Historical Data
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The historical data trend for Great-West Lifeco'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.
FRA:GWS vs AFL, MET, PRU: Return-on-Tangible-Asset Comparison
For the Insurance - Life subindustry, Great-West Lifeco'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.
Great-West Lifeco Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Great-West Lifeco's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Great-West Lifeco'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 0.59% mean?
Great-West Lifeco (FRA:GWS) has a Return-on-Tangible-Asset of 0.59% 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 Great-West Lifeco and its competitors. This is near median its historical median of 0.58. Over the past decade, Great-West Lifeco's Return-on-Tangible-Asset has ranged from 0.42 to 0.75. According to the industry distribution chart, Great-West Lifeco ranks #412 out of 506 companies in the Insurance industry, placing it in the top 81.4%.
Is Great-West Lifeco's Return-on-Tangible-Asset too high?
Great-West Lifeco's current Return-on-Tangible-Asset of 0.59% is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.75. The Insurance industry median Return-on-Tangible-Asset is 2.71. Great-West Lifeco's value of 0.59% is 78.2% below this industry median. Based on the distribution chart, Great-West Lifeco ranks #412 out of 506 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Great-West Lifeco has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Great-West Lifeco's Return-on-Tangible-Asset compare to AFL and MET?
According to the Insurance industry distribution chart, Great-West Lifeco ranks #412 out of 506 companies for Return-on-Tangible-Asset. This places Great-West Lifeco in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.71. Great-West Lifeco's value of 0.59% is 78.2% below this benchmark. Historically, Great-West Lifeco's own Return-on-Tangible-Asset has ranged from 0.42 to 0.75 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 2.71, Great-West Lifeco 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. Great-West Lifeco's current Return-on-Tangible-Asset of 0.59% is 78.2% 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 Great-West Lifeco 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. Great-West Lifeco's current Return-on-Tangible-Asset is 0.59%, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great-West Lifeco stock overvalued right now?
Based on GuruFocus' analysis, Great-West Lifeco (FRA:GWS) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.27, compared to a current price of €57.24 — trading 77.4% above its estimated fair value. The current Return-on-Tangible-Asset is 0.59%, which is near median its 10-year median of 0.58 and 78.2% below the Insurance industry median of 2.71. Great-West Lifeco's overall GF Score™ is 50/100 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 Great-West Lifeco (FRA:GWS), the current Return-on-Tangible-Asset is 0.59% 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 Great-West Lifeco (FRA:GWS) Overvalued in 2026?
Based on GuruFocus' analysis, Great-West Lifeco stock appears to be overvalued.
The current stock price of €57.24 is trading 77.4% above its estimated GF Value™ of €32.27.
GuruFocus considers Great-West Lifeco to be Significantly Overvalued.
Key valuation signals for FRA:GWS:
Return-on-Tangible-Asset: 0.59% (near median its 10-year median of 0.58)
GF Value™: €32.27 vs. price of €57.24 (77.4% above fair value)
Industry Position: 78.2% below the Insurance median (#412 of 506)
No single metric tells the full story. See the FRA:GWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Great-West Lifeco is one of the Big Three Canadian life insurers. The firm's Canadian business contributed around 31% of its 2025 adjusted earnings. The firm generates a further 29% of adjusted earnings from the United States, attributable to its recordkeeping business, Empower, and its US life insurance business. Great-West Lifeco also offers various products across European markets with a strong presence in the UK and Ireland, which collectively accounted for 20% of adjusted earnings, while the firm's reinsurance business accounts for the remainder. Great-West Lifeco had around CAD 3.5 trillion of assets under administration across its business segments at the end of December 2025.
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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