Swiss Helvetia FundSWZ 37 Return-on-Tangible-Asset is 1.17% as of Dec. 2025, which is 92% below its 10-year median of 14.80. GuruFocus rates SWZ with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 1,632 Asset Management companies, Swiss Helvetia Fund ranks better than 83.46% 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 Helvetia Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was $1.24 Mil. Swiss Helvetia Fund's average total tangible assets for the quarter that ended in Dec. 2025 was $105.51 Mil. Therefore, Swiss Helvetia Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.17%.
The historical rank and industry rank for Swiss Helvetia Fund's Return-on-Tangible-Asset or its related term are showing as below:
SWZ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -20.39 Med: 14.8 Max: 21.39
Current: 16.41
During the past 9 years, Swiss Helvetia Fund's highest Return-on-Tangible-Asset was 21.39%. The lowest was -20.39%. And the median was 14.80%.
SWZ's Return-on-Tangible-Asset is ranked better than 83.46% of 1632
companies
in the Asset Management industry
Industry Median: 4.07
vs SWZ: 16.41
Swiss Helvetia Fund (NYSE:SWZ) 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 Helvetia Fund Return-on-Tangible-Asset Related Terms
Swiss Helvetia Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Swiss Helvetia Fund'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 Helvetia Fund Return-on-Tangible-Asset Chart
SWZ vs GECC, GEG, OCCI: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Swiss Helvetia Fund'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 Helvetia Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Swiss Helvetia Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Swiss Helvetia Fund'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 1.17% mean?
Swiss Helvetia Fund (SWZ) has a Return-on-Tangible-Asset of 1.17% 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 Helvetia Fund and its competitors. This is 92% below median its historical median of 14.80. According to the industry distribution chart, Swiss Helvetia Fund ranks #270 out of 1632 companies in the Asset Management industry, placing it in the top 16.5%.
Is Swiss Helvetia Fund's Return-on-Tangible-Asset too high?
Swiss Helvetia Fund's current Return-on-Tangible-Asset of 1.17% is 92% below median its 10-year median of 14.80. The Asset Management industry median Return-on-Tangible-Asset is 4.07. Swiss Helvetia Fund's value of 1.17% is 71.3% below this industry median. Based on the distribution chart, Swiss Helvetia Fund ranks #270 out of 1632 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Swiss Helvetia Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Swiss Helvetia Fund's Return-on-Tangible-Asset compare to GECC and GEG?
According to the Asset Management industry distribution chart, Swiss Helvetia Fund ranks #270 out of 1632 companies for Return-on-Tangible-Asset. This places Swiss Helvetia Fund in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.07. Swiss Helvetia Fund's value of 1.17% is 71.3% below this benchmark. While the company's 10-year median is 14.80 vs. the industry median of 4.07, Swiss Helvetia Fund 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.07, based on 1,632 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 Helvetia Fund's current Return-on-Tangible-Asset of 1.17% is 71.3% 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 Helvetia Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Helvetia Fund's current Return-on-Tangible-Asset is 1.17%, which is 92% below median its own 10-year median of 14.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Helvetia Fund stock overvalued right now?
Swiss Helvetia Fund (SWZ) has a current Return-on-Tangible-Asset of 1.17%. The current Return-on-Tangible-Asset is 1.17%, which is 92% below median its 10-year median of 14.80 and 71.3% below the Asset Management industry median of 4.07. Swiss Helvetia Fund's overall GF Score™ is 37/100 with 2 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 Helvetia Fund (SWZ), the current Return-on-Tangible-Asset is 1.17% 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.
Swiss Helvetia Fund Inc is a non-diversified, closed-end investment company. Its investment objective is to seek long-term capital appreciation through investment in equity and equity-linked securities of Swiss companies. It actively manages investment solutions spanning public and private markets, wealth management, and Solutions.
37GF Score
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