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LHV Group ASSTU:ASU0 -0.46%78 Return-on-Tangible-Asset is 0.98% as of Jun. 2026, which is 27% below its 10-year median of 1.34. GuruFocus rates STU:ASU0 with a GF Score™ of 78/100 and a GF Value™ of €3.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,525 Banks companies, LHV Group AS ranks worse than 50.1% 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. LHV Group AS's annualizedNet Income for the quarter that ended in Jun. 2026 was €96.5 Mil. LHV Group AS's average total tangible assets for the quarter that ended in Jun. 2026 was €9,799.4 Mil. Therefore, LHV Group AS's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.98%.
The historical rank and industry rank for LHV Group AS's Return-on-Tangible-Asset or its related term are showing as below:
STU:ASU0'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.92 Med: 1.34 Max: 2.12
Current: 1.02
During the past 13 years, LHV Group AS's highest Return-on-Tangible-Asset was 2.12%. The lowest was 0.92%. And the median was 1.34%.
STU:ASU0's Return-on-Tangible-Asset is ranked worse than 50.1% of 1525
companies
in the Banks industry
Industry Median: 1.03
vs STU:ASU0: 1.02
LHV Group AS (STU:ASU0) 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.
LHV Group AS Return-on-Tangible-Asset Related Terms
LHV Group AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for LHV Group AS'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.
STU:ASU0 vs PNC, USB: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, LHV Group AS'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.
LHV Group AS Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, LHV Group AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LHV Group AS'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 0.98% mean?
LHV Group AS (STU:ASU0) has a Return-on-Tangible-Asset of 0.98% 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 LHV Group AS and its competitors. This is 27% below median its historical median of 1.34. Over the past decade, LHV Group AS's Return-on-Tangible-Asset has ranged from 0.92 to 2.12. According to the industry distribution chart, LHV Group AS ranks #764 out of 1525 companies in the Banks industry, placing it in the top 50.1%.
Is LHV Group AS's Return-on-Tangible-Asset too high?
LHV Group AS's current Return-on-Tangible-Asset of 0.98% is 27% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.12. The Banks industry median Return-on-Tangible-Asset is 1.03. LHV Group AS's value of 0.98% is 4.9% below this industry median. Based on the distribution chart, LHV Group AS ranks #764 out of 1525 companies in the Banks industry, which is below the industry midpoint. Overall, LHV Group AS has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LHV Group AS's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, LHV Group AS ranks #764 out of 1525 companies for Return-on-Tangible-Asset. This places LHV Group AS in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.03. LHV Group AS's value of 0.98% is 4.9% below this benchmark. Historically, LHV Group AS's own Return-on-Tangible-Asset has ranged from 0.92 to 2.12 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.03, LHV Group AS has consistently been below 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 Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.03, based on 1,525 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. LHV Group AS's current Return-on-Tangible-Asset of 0.98% is 4.9% below 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 LHV Group AS and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LHV Group AS's current Return-on-Tangible-Asset is 0.98%, which is 27% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LHV Group AS stock overvalued right now?
Based on GuruFocus' analysis, LHV Group AS (STU:ASU0) is currently considered Fairly Valued. The stock's GF Value™ is €3.28, compared to a current price of €3.23 — trading 1.5% below its estimated fair value. The current Return-on-Tangible-Asset is 0.98%, which is 27% below median its 10-year median of 1.34 and 4.9% below the Banks industry median of 1.03. LHV Group AS's overall GF Score™ is 78/100 with 4 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 LHV Group AS (STU:ASU0), the current Return-on-Tangible-Asset is 0.98% 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 LHV Group AS (STU:ASU0) Overvalued in 2026?
Based on GuruFocus' analysis, LHV Group AS stock appears to be undervalued.
The current stock price of €3.23 is trading 1.5% below its estimated GF Value™ of €3.28.
GuruFocus considers LHV Group AS to be Fairly Valued.
Key valuation signals for STU:ASU0:
Return-on-Tangible-Asset: 0.98% (27% below median its 10-year median of 1.34)
GF Value™: €3.28 vs. price of €3.23 (1.5% below fair value)
Industry Position: 4.9% below the Banks median (#764 of 1525)
No single metric tells the full story. See the STU:ASU0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LHV Group AS operates as a holding company. The Group provides a wide range of financial services, including banking, investment and asset management, insurance, and other financial services in Estonia and the United Kingdom. It operates through its subsidiaries: LHV Pank, LHV Bank, LHV Varahaldus, LHV Kindlustus, and Other. The LHV Pank segment, contributes the maximum share of the Group's revenue, includes retail and corporate banking services in Estonia, offering loans, payment solution, investment, and savings products. LHV Bank offers banking services to financial intermediaries and fintech companies, SME lending, and retail banking in the United Kingdom. LHV Varahaldus is engaged in pension fund and asset management. LHV Kindlustus offers a range of non-life insurance products.
78GF Score
Get the complete analysis for STU:ASU0
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