Koninklijke Philips NVRYLPF +2.21%70 Return-on-Tangible-Asset is 3.99% as of Mar. 2026, which is 47% below its 10-year median of 7.51. GuruFocus rates RYLPF with a GF Score™ of 70/100 and a GF Value™ of $26.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 856 Medical Devices & Instruments companies, Koninklijke Philips NV ranks better than 72.43% 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. Koninklijke Philips NV's annualizedNet Income for the quarter that ended in Mar. 2026 was $698 Mil. Koninklijke Philips NV's average total tangible assets for the quarter that ended in Mar. 2026 was $17,496 Mil. Therefore, Koninklijke Philips NV's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.99%.
The historical rank and industry rank for Koninklijke Philips NV's Return-on-Tangible-Asset or its related term are showing as below:
RYLPF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.57 Med: 7.51 Max: 19.89
Current: 6.65
During the past 13 years, Koninklijke Philips NV's highest Return-on-Tangible-Asset was 19.89%. The lowest was -9.57%. And the median was 7.51%.
RYLPF's Return-on-Tangible-Asset is ranked better than 72.43% of 856
companies
in the Medical Devices & Instruments industry
Industry Median: 0.595
vs RYLPF: 6.65
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.
Koninklijke Philips NV Return-on-Tangible-Asset Related Terms
Koninklijke Philips NV Return-on-Tangible-Asset Historical Data
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The historical data trend for Koninklijke Philips NV'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.
RYLPF vs ABT, SYK, MDT: Return-on-Tangible-Asset Comparison
For the Medical Devices subindustry, Koninklijke Philips NV'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.
Koninklijke Philips NV Return-on-Tangible-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Koninklijke Philips NV's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Koninklijke Philips NV'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 3.99% mean?
Koninklijke Philips NV (RYLPF) has a Return-on-Tangible-Asset of 3.99% 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 Koninklijke Philips NV and its competitors. This is 47% below median its historical median of 7.51. According to the industry distribution chart, Koninklijke Philips NV ranks #236 out of 856 companies in the Medical Devices & Instruments industry, placing it in the top 27.6%.
Is Koninklijke Philips NV's Return-on-Tangible-Asset too high?
Koninklijke Philips NV's current Return-on-Tangible-Asset of 3.99% is 47% below median its 10-year median of 7.51. The Medical Devices & Instruments industry median Return-on-Tangible-Asset is 0.60. Koninklijke Philips NV's value of 3.99% is 570.6% above this industry median. Based on the distribution chart, Koninklijke Philips NV ranks #236 out of 856 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Koninklijke Philips NV has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Philips NV's Return-on-Tangible-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Koninklijke Philips NV ranks #236 out of 856 companies for Return-on-Tangible-Asset. This puts Koninklijke Philips NV in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.60. Koninklijke Philips NV's value of 3.99% is 570.6% above this benchmark. While the company's 10-year median is 7.51 vs. the industry median of 0.60, Koninklijke Philips NV 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 0.60, 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. Koninklijke Philips NV's current Return-on-Tangible-Asset of 3.99% is 570.6% 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 Koninklijke Philips NV and its competitors. For the Medical Devices & Instruments industry, the median Return-on-Tangible-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koninklijke Philips NV's current Return-on-Tangible-Asset is 3.99%, which is 47% below median its own 10-year median of 7.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Philips NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Philips NV (RYLPF) is currently considered Fairly Valued. The stock's GF Value™ is $26.00, compared to a current price of $28.01 — trading 7.7% above its estimated fair value. The current Return-on-Tangible-Asset is 3.99%, which is 47% below median its 10-year median of 7.51 and 570.6% above the Medical Devices & Instruments industry median of 0.60. Koninklijke Philips NV's overall GF Score™ is 70/100 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 Koninklijke Philips NV (RYLPF), the current Return-on-Tangible-Asset is 3.99% 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 Koninklijke Philips NV (RYLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Koninklijke Philips NV stock appears to be overvalued.
The current stock price of $28.01 is trading 7.7% above its estimated GF Value™ of $26.00.
GuruFocus considers Koninklijke Philips NV to be Fairly Valued.
Key valuation signals for RYLPF:
Return-on-Tangible-Asset: 3.99% (47% below median its 10-year median of 7.51)
GF Value™: $26.00 vs. price of $28.01 (7.7% above fair value)
Industry Position: 570.6% above the Medical Devices & Instruments median (#236 of 856)
No single metric tells the full story. See the RYLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koninklijke Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Nearly 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound and X-ray equipment, and image-guided therapy solutions. The connected care segment (under 30% of revenue) encompasses monitoring and analytics systems for hospitals, informatics business, and also houses the sleep and respiratory care segment. Personal health business (remainder of revenue) is mainly oral health and personal care product lines, which include electric toothbrushes and men's grooming and personal-care products.
70GF Score
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