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Intuitive SurgicalMEX:ISRG +2.56%90 Return-on-Tangible-Asset is 16.62% as of Mar. 2026, which is 21% above its 10-year median of 13.72. GuruFocus rates MEX:ISRG with a GF Score™ of 90/100 and a GF Value™ of MXN10,501.99 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 856 Medical Devices & Instruments companies, Intuitive Surgical ranks better than 91.82% 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. Intuitive Surgical's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN59,255 Mil. Intuitive Surgical's average total tangible assets for the quarter that ended in Mar. 2026 was MXN356,552 Mil. Therefore, Intuitive Surgical's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 16.62%.
The historical rank and industry rank for Intuitive Surgical's Return-on-Tangible-Asset or its related term are showing as below:
MEX:ISRG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.28 Med: 13.72 Max: 17.23
Current: 15.35
During the past 13 years, Intuitive Surgical's highest Return-on-Tangible-Asset was 17.23%. The lowest was 10.28%. And the median was 13.72%.
MEX:ISRG's Return-on-Tangible-Asset is ranked better than 91.82% of 856
companies
in the Medical Devices & Instruments industry
Industry Median: 0.665
vs MEX:ISRG: 15.35
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.
Intuitive Surgical Return-on-Tangible-Asset Related Terms
Intuitive Surgical Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Intuitive Surgical'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.
MEX:ISRG vs BDX, MDLN, RMD: Return-on-Tangible-Asset Comparison
For the Medical Instruments & Supplies subindustry, Intuitive Surgical'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.
Intuitive Surgical Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Intuitive Surgical's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Intuitive Surgical'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 16.62% mean?
Intuitive Surgical (MEX:ISRG) has a Return-on-Tangible-Asset of 16.62% 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 Intuitive Surgical and its competitors. This is 21% above median its historical median of 13.72. Over the past decade, Intuitive Surgical's Return-on-Tangible-Asset has ranged from 10.28 to 17.23. According to the industry distribution chart, Intuitive Surgical ranks #70 out of 856 companies in the Medical Devices & Instruments industry, placing it in the top 8.2%.
Is Intuitive Surgical's Return-on-Tangible-Asset too high?
Intuitive Surgical's current Return-on-Tangible-Asset of 16.62% is 21% above median its 10-year median of 13.72. Over the past 10 years, this metric has ranged from a low of 10.28 to a high of 17.23. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.67. Intuitive Surgical's value of 16.62% is 2399.2% above this industry median. Based on the distribution chart, Intuitive Surgical ranks #70 out of 856 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Intuitive Surgical has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intuitive Surgical's Return-on-Tangible-Asset compare to BDX and MDLN?
According to the Medical Devices & Instruments industry distribution chart, Intuitive Surgical ranks #70 out of 856 companies for Return-on-Tangible-Asset. This places Intuitive Surgical in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 0.67. Intuitive Surgical's value of 16.62% is 2399.2% above this benchmark. Historically, Intuitive Surgical's own Return-on-Tangible-Asset has ranged from 10.28 to 17.23 over the past decade. While the company's 10-year median is 13.72 vs. the industry median of 0.67, Intuitive Surgical 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 Medical Devices & Instruments company?
The median Return-on-Tangible-Asset among Medical Devices & Instruments companies is 0.67, based on 856 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. Intuitive Surgical's current Return-on-Tangible-Asset of 16.62% is 2399.2% 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 Intuitive Surgical and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intuitive Surgical's current Return-on-Tangible-Asset is 16.62%, which is 21% above median its own 10-year median of 13.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intuitive Surgical stock overvalued right now?
Based on GuruFocus' analysis, Intuitive Surgical (MEX:ISRG) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN10,501.99, compared to a current price of MXN6,974.00 — trading 33.6% below its estimated fair value. The current Return-on-Tangible-Asset is 16.62%, which is 21% above median its 10-year median of 13.72 and 2399.2% above the Medical Devices & Instruments industry median of 0.67. Intuitive Surgical's overall GF Score™ is 90/100 with 1 warning sign 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 Intuitive Surgical (MEX:ISRG), the current Return-on-Tangible-Asset is 16.62% 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 Intuitive Surgical (MEX:ISRG) Overvalued in 2026?
Based on GuruFocus' analysis, Intuitive Surgical stock appears to be undervalued.
The current stock price of MXN6,974.00 is trading 33.6% below its estimated GF Value™ of MXN10,501.99.
GuruFocus considers Intuitive Surgical to be Significantly Undervalued.
Key valuation signals for MEX:ISRG:
Return-on-Tangible-Asset: 16.62% (21% above median its 10-year median of 13.72)
GF Value™: MXN10,501.99 vs. price of MXN6,974.00 (33.6% below fair value)
Industry Position: 2399.2% above the Medical Devices & Instruments median (#70 of 856)
No single metric tells the full story. See the MEX:ISRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Intuitive develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.
90GF Score
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