Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Travel+Leisure CoFRA:WD5A +1.49%83 Return-on-Tangible-Asset is 7.66% as of Jun. 2026, which is 6% above its 10-year median of 7.24. GuruFocus rates FRA:WD5A with a GF Score™ of 83/100 and a GF Value™ of €51.61 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 858 Travel & Leisure companies, Travel+Leisure Co ranks better than 60.49% 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. Travel+Leisure Co's annualizedNet Income for the quarter that ended in Jun. 2026 was €378 Mil. Travel+Leisure Co's average total tangible assets for the quarter that ended in Jun. 2026 was €4,937 Mil. Therefore, Travel+Leisure Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.66%.
The historical rank and industry rank for Travel+Leisure Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:WD5A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.97 Med: 7.24 Max: 10.06
Current: 4.2
During the past 13 years, Travel+Leisure Co's highest Return-on-Tangible-Asset was 10.06%. The lowest was -3.97%. And the median was 7.24%.
FRA:WD5A's Return-on-Tangible-Asset is ranked better than 60.49% of 858
companies
in the Travel & Leisure industry
Industry Median: 2.79
vs FRA:WD5A: 4.20
Travel+Leisure Co (FRA:WD5A) 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.
Travel+Leisure Co Return-on-Tangible-Asset Related Terms
Travel+Leisure Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Travel+Leisure Co'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:WD5A vs MMYT, GBTG, LIND: Return-on-Tangible-Asset Comparison
For the Travel Services subindustry, Travel+Leisure Co'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.
Travel+Leisure Co Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Travel+Leisure Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Travel+Leisure Co'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.66% mean?
Travel+Leisure Co (FRA:WD5A) has a Return-on-Tangible-Asset of 7.66% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Travel+Leisure Co and its competitors. This is near median its historical median of 7.24. According to the industry distribution chart, Travel+Leisure Co ranks #339 out of 858 companies in the Travel & Leisure industry, placing it in the top 39.5%.
Is Travel+Leisure Co's Return-on-Tangible-Asset too high?
Travel+Leisure Co's current Return-on-Tangible-Asset of 7.66% is near median its 10-year median of 7.24. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.79. Travel+Leisure Co's value of 7.66% is 174.6% above this industry median. Based on the distribution chart, Travel+Leisure Co ranks #339 out of 858 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Travel+Leisure Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Travel+Leisure Co's Return-on-Tangible-Asset compare to MMYT and GBTG?
According to the Travel & Leisure industry distribution chart, Travel+Leisure Co ranks #339 out of 858 companies for Return-on-Tangible-Asset. This puts Travel+Leisure Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.79. Travel+Leisure Co's value of 7.66% is 174.6% above this benchmark. While the company's 10-year median is 7.24 vs. the industry median of 2.79, Travel+Leisure Co 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.79, based on 858 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. Travel+Leisure Co's current Return-on-Tangible-Asset of 7.66% is 174.6% 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 Travel+Leisure Co and its competitors. For the Travel & Leisure 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. Travel+Leisure Co's current Return-on-Tangible-Asset is 7.66%, which is near median its own 10-year median of 7.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Travel+Leisure Co stock overvalued right now?
Based on GuruFocus' analysis, Travel+Leisure Co (FRA:WD5A) is currently considered Significantly Overvalued. The stock's GF Value™ is €51.61, compared to a current price of €68.00 — trading 31.8% above its estimated fair value. The current Return-on-Tangible-Asset is 7.66%, which is near median its 10-year median of 7.24 and 174.6% above the Travel & Leisure industry median of 2.79. Travel+Leisure Co's overall GF Score™ is 83/100 with 9 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 Travel+Leisure Co (FRA:WD5A), the current Return-on-Tangible-Asset is 7.66% as of Jun. 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 Travel+Leisure Co (FRA:WD5A) Overvalued in 2026?
Based on GuruFocus' analysis, Travel+Leisure Co stock appears to be overvalued.
The current stock price of €68.00 is trading 31.8% above its estimated GF Value™ of €51.61.
GuruFocus considers Travel+Leisure Co to be Significantly Overvalued.
Key valuation signals for FRA:WD5A:
Return-on-Tangible-Asset: 7.66% (near median its 10-year median of 7.24)
GF Value™: €51.61 vs. price of €68.00 (31.8% above fair value)
Industry Position: 174.6% above the Travel & Leisure median (#339 of 858)
No single metric tells the full story. See the FRA:WD5A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Travel+Leisure Co is a membership and leisure travel company. It provides hospitality services and travel products. The company operates in the segments of Vacation Ownership, which is the key revenue-driving segment, develops, markets and sells vacation ownership interests (VOIs) to individual consumers, provides consumer financing in connection with the sale of VOIs, and provides property management services at resorts, and Travel and Membership which operates a variety of travel businesses, including two vacation exchange brands, Vacation Ownership and Travel and Membership The majority of the revenue is earned from the United States.
83GF Score
Get the complete analysis for FRA:WD5A
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:WD5A has been successfully added to your 
