OUTsurance GroupJSE:OUT -2.43%65 Return-on-Tangible-Asset is 12.18% as of Dec. 2025, which is 36% above its 10-year median of 8.97. GuruFocus rates JSE:OUT with a GF Score™ of 65/100 and a GF Value™ of R46.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 507 Insurance companies, OUTsurance Group ranks better than 95.66% 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. OUTsurance Group's annualizedNet Income for the quarter that ended in Dec. 2025 was R4,654 Mil. OUTsurance Group's average total tangible assets for the quarter that ended in Dec. 2025 was R38,197 Mil. Therefore, OUTsurance Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.18%.
The historical rank and industry rank for OUTsurance Group's Return-on-Tangible-Asset or its related term are showing as below:
JSE:OUT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.25 Med: 8.97 Max: 57.26
Current: 13.58
During the past 13 years, OUTsurance Group's highest Return-on-Tangible-Asset was 57.26%. The lowest was 3.25%. And the median was 8.97%.
JSE:OUT's Return-on-Tangible-Asset is ranked better than 95.66% of 507
companies
in the Insurance industry
Industry Median: 2.75
vs JSE:OUT: 13.58
OUTsurance Group (JSE:OUT) 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.
OUTsurance Group Return-on-Tangible-Asset Related Terms
OUTsurance Group Return-on-Tangible-Asset Historical Data
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The historical data trend for OUTsurance Group'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.
JSE:OUT vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, OUTsurance Group'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.
OUTsurance Group Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, OUTsurance Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where OUTsurance Group'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 12.18% mean?
OUTsurance Group (JSE:OUT) has a Return-on-Tangible-Asset of 12.18% 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 OUTsurance Group and its competitors. This is 36% above median its historical median of 8.97. Over the past decade, OUTsurance Group's Return-on-Tangible-Asset has ranged from 3.25 to 57.26. According to the industry distribution chart, OUTsurance Group ranks #22 out of 507 companies in the Insurance industry, placing it in the top 4.3%.
Is OUTsurance Group's Return-on-Tangible-Asset too high?
OUTsurance Group's current Return-on-Tangible-Asset of 12.18% is 36% above median its 10-year median of 8.97. Over the past 10 years, this metric has ranged from a low of 3.25 to a high of 57.26. The Insurance industry median Return-on-Tangible-Asset is 2.75. OUTsurance Group's value of 12.18% is 342.9% above this industry median. Based on the distribution chart, OUTsurance Group ranks #22 out of 507 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, OUTsurance Group has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OUTsurance Group's Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, OUTsurance Group ranks #22 out of 507 companies for Return-on-Tangible-Asset. This places OUTsurance Group in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.75. OUTsurance Group's value of 12.18% is 342.9% above this benchmark. Historically, OUTsurance Group's own Return-on-Tangible-Asset has ranged from 3.25 to 57.26 over the past decade. While the company's 10-year median is 8.97 vs. the industry median of 2.75, OUTsurance Group 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.75, based on 507 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. OUTsurance Group's current Return-on-Tangible-Asset of 12.18% is 342.9% 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 OUTsurance Group and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OUTsurance Group's current Return-on-Tangible-Asset is 12.18%, which is 36% above median its own 10-year median of 8.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OUTsurance Group stock overvalued right now?
Based on GuruFocus' analysis, OUTsurance Group (JSE:OUT) is currently considered Significantly Overvalued. The stock's GF Value™ is R46.35, compared to a current price of R78.44 — trading 69.2% above its estimated fair value. The current Return-on-Tangible-Asset is 12.18%, which is 36% above median its 10-year median of 8.97 and 342.9% above the Insurance industry median of 2.75. OUTsurance Group's overall GF Score™ is 65/100 with 3 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 OUTsurance Group (JSE:OUT), the current Return-on-Tangible-Asset is 12.18% 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 OUTsurance Group (JSE:OUT) Overvalued in 2026?
Based on GuruFocus' analysis, OUTsurance Group stock appears to be overvalued.
The current stock price of R78.44 is trading 69.2% above its estimated GF Value™ of R46.35.
GuruFocus considers OUTsurance Group to be Significantly Overvalued.
Key valuation signals for JSE:OUT:
Return-on-Tangible-Asset: 12.18% (36% above median its 10-year median of 8.97)
GF Value™: R46.35 vs. price of R78.44 (69.2% above fair value)
Industry Position: 342.9% above the Insurance median (#22 of 507)
No single metric tells the full story. See the JSE:OUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OUTsurance Group Ltd is an insurance group that specialises in Property and Casualty insurance. Its main segments include personal insurance, business insurance, compulsory third-party vehicle insurance, life insurance, and administration services. The company provides motor, home, business, life, funeral, and pet insurance products through its subsidiaries. The company's primary source of revenue is insurance premiums. The group's activities are focused on the South African, Australian and Irish markets.
65GF Score
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