Swiss Life Holding AGSWSDF -2.44%70 Return-on-Tangible-Asset is 0.60% as of Dec. 2025, which is 15% above its 10-year median of 0.52. GuruFocus rates SWSDF with a GF Score™ of 70/100 and a GF Value™ of $950.27 (Fairly Valued). The stock has 8 warning signs investors should review. Among 511 Insurance companies, Swiss Life Holding AG ranks worse than 81.21% 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. Swiss Life Holding AG's annualizedNet Income for the quarter that ended in Dec. 2025 was $1,621 Mil. Swiss Life Holding AG's average total tangible assets for the quarter that ended in Dec. 2025 was $268,245 Mil. Therefore, Swiss Life Holding AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.60%.
The historical rank and industry rank for Swiss Life Holding AG's Return-on-Tangible-Asset or its related term are showing as below:
SWSDF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.52 Max: 0.57
Current: 0.57
During the past 13 years, Swiss Life Holding AG's highest Return-on-Tangible-Asset was 0.57%. The lowest was 0.46%. And the median was 0.52%.
SWSDF's Return-on-Tangible-Asset is ranked worse than 81.21% of 511
companies
in the Insurance industry
Industry Median: 2.78
vs SWSDF: 0.57
Swiss Life Holding AG (OTCPK:SWSDF) 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.
Swiss Life Holding AG Return-on-Tangible-Asset Related Terms
Swiss Life Holding AG Return-on-Tangible-Asset Historical Data
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The historical data trend for Swiss Life Holding AG'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.
Swiss Life Holding AG Return-on-Tangible-Asset Chart
SWSDF vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, Swiss Life Holding AG'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.
Swiss Life Holding AG Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Swiss Life Holding AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Swiss Life Holding AG'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 0.60% mean?
Swiss Life Holding AG (SWSDF) has a Return-on-Tangible-Asset of 0.60% 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 Swiss Life Holding AG and its competitors. This is 15% above median its historical median of 0.52. Over the past decade, Swiss Life Holding AG's Return-on-Tangible-Asset has ranged from 0.46 to 0.57. According to the industry distribution chart, Swiss Life Holding AG ranks #415 out of 511 companies in the Insurance industry, placing it in the top 81.2%.
Is Swiss Life Holding AG's Return-on-Tangible-Asset too high?
Swiss Life Holding AG's current Return-on-Tangible-Asset of 0.60% is 15% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.57. The Insurance industry median Return-on-Tangible-Asset is 2.78. Swiss Life Holding AG's value of 0.60% is 78.4% below this industry median. Based on the distribution chart, Swiss Life Holding AG ranks #415 out of 511 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Swiss Life Holding AG has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swiss Life Holding AG's Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Swiss Life Holding AG ranks #415 out of 511 companies for Return-on-Tangible-Asset. This places Swiss Life Holding AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.78. Swiss Life Holding AG's value of 0.60% is 78.4% below this benchmark. Historically, Swiss Life Holding AG's own Return-on-Tangible-Asset has ranged from 0.46 to 0.57 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 2.78, Swiss Life Holding AG 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.78, based on 511 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. Swiss Life Holding AG's current Return-on-Tangible-Asset of 0.60% is 78.4% 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 Swiss Life Holding AG and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Life Holding AG's current Return-on-Tangible-Asset is 0.60%, which is 15% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Life Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Swiss Life Holding AG (SWSDF) is currently considered Fairly Valued. The stock's GF Value™ is $950.27, compared to a current price of $1,053.30 — trading 10.8% above its estimated fair value. The current Return-on-Tangible-Asset is 0.60%, which is 15% above median its 10-year median of 0.52 and 78.4% below the Insurance industry median of 2.78. Swiss Life Holding AG's overall GF Score™ is 70/100 with 8 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 Swiss Life Holding AG (SWSDF), the current Return-on-Tangible-Asset is 0.60% 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 Swiss Life Holding AG (SWSDF) Overvalued in 2026?
Based on GuruFocus' analysis, Swiss Life Holding AG stock appears to be overvalued.
The current stock price of $1,053.30 is trading 10.8% above its estimated GF Value™ of $950.27.
GuruFocus considers Swiss Life Holding AG to be Fairly Valued.
Key valuation signals for SWSDF:
Return-on-Tangible-Asset: 0.60% (15% above median its 10-year median of 0.52)
GF Value™: $950.27 vs. price of $1,053.30 (10.8% above fair value)
Industry Position: 78.4% below the Insurance median (#415 of 511)
No single metric tells the full story. See the SWSDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller but wealthy European countries. The company has an asset manager as well. Swiss Life has three main sources of income that vary in significance by geography. Savings income relates to spread-based earnings, the risk result relates to a margin on insurance products, and the fee result relates to fees from asset management, financial advice, and unit-linked sales. The fee result has been growing in importance over time.
70GF Score
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