Resonac HoldingsFRA:SWD -0.52%59 Return-on-Tangible-Asset is 5.35% as of Dec. 2025, which is 189% above its 10-year median of 1.85. GuruFocus rates FRA:SWD with a GF Score™ of 59/100 and a GF Value™ of €20.06 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,613 Chemicals companies, Resonac Holdings ranks worse than 62.24% 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. Resonac Holdings's annualizedNet Income for the quarter that ended in Dec. 2025 was €504 Mil. Resonac Holdings's average total tangible assets for the quarter that ended in Dec. 2025 was €9,417 Mil. Therefore, Resonac Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.35%.
The historical rank and industry rank for Resonac Holdings's Return-on-Tangible-Asset or its related term are showing as below:
FRA:SWD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.74 Med: 1.85 Max: 10.75
Current: 1.48
During the past 13 years, Resonac Holdings's highest Return-on-Tangible-Asset was 10.75%. The lowest was -5.74%. And the median was 1.85%.
FRA:SWD's Return-on-Tangible-Asset is ranked worse than 62.24% of 1613
companies
in the Chemicals industry
Industry Median: 3.05
vs FRA:SWD: 1.48
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.
Resonac Holdings Return-on-Tangible-Asset Related Terms
Resonac Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Resonac Holdings'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:SWD vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Resonac Holdings'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.
Resonac Holdings Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Resonac Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Resonac Holdings'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 5.35% mean?
Resonac Holdings (FRA:SWD) has a Return-on-Tangible-Asset of 5.35% 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 Resonac Holdings and its competitors. This is 189% above median its historical median of 1.85. According to the industry distribution chart, Resonac Holdings ranks #1004 out of 1613 companies in the Chemicals industry, placing it in the top 62.2%.
Is Resonac Holdings' Return-on-Tangible-Asset too high?
Resonac Holdings' current Return-on-Tangible-Asset of 5.35% is 189% above median its 10-year median of 1.85. The Chemicals industry median Return-on-Tangible-Asset is 3.05. Resonac Holdings' value of 5.35% is 75.4% above this industry median. Based on the distribution chart, Resonac Holdings ranks #1004 out of 1613 companies in the Chemicals industry, which is below the industry midpoint. Overall, Resonac Holdings has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resonac Holdings' Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Resonac Holdings ranks #1004 out of 1613 companies for Return-on-Tangible-Asset. This places Resonac Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.05. Resonac Holdings' value of 5.35% is 75.4% above this benchmark. While the company's 10-year median is 1.85 vs. the industry median of 3.05, Resonac Holdings 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.05, based on 1,613 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. Resonac Holdings's current Return-on-Tangible-Asset of 5.35% is 75.4% 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 Resonac Holdings and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resonac Holdings's current Return-on-Tangible-Asset is 5.35%, which is 189% above median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resonac Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resonac Holdings (FRA:SWD) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.06, compared to a current price of €96.00 — trading 378.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.35%, which is 189% above median its 10-year median of 1.85 and 75.4% above the Chemicals industry median of 3.05. Resonac Holdings' overall GF Score™ is 59/100 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 Resonac Holdings (FRA:SWD), the current Return-on-Tangible-Asset is 5.35% 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 Resonac Holdings (FRA:SWD) Overvalued in 2026?
Based on GuruFocus' analysis, Resonac Holdings stock appears to be overvalued.
The current stock price of €96.00 is trading 378.6% above its estimated GF Value™ of €20.06.
GuruFocus considers Resonac Holdings to be Significantly Overvalued.
Key valuation signals for FRA:SWD:
Return-on-Tangible-Asset: 5.35% (189% above median its 10-year median of 1.85)
GF Value™: €20.06 vs. price of €96.00 (378.6% above fair value)
Industry Position: 75.4% above the Chemicals median (#1004 of 1613)
No single metric tells the full story. See the FRA:SWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The company operates through five segments. The Chemical segment includes petrochemicals such as olefins and organic chemicals, industrial gases, basic chemicals, and graphite electrodes. The Innovation Materials segment covers functional chemicals, resins, coating materials, ceramics, and aluminum specialty components. The Mobility segment provides automotive products, friction materials, powder metal products, & lithium-ion battery materials. Semiconductors and Electronic Materials segment includes front-end and back-end semiconductor materials, as well as device solutions like hard disk media and compound semiconductors. The Others segment covers energy storage devices, systems, and life science products.
59GF Score
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