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Technogym SpATCCHF 76 Return-on-Tangible-Asset is 19.98% as of Dec. 2025, which is 81% above its 10-year median of 11.05. GuruFocus rates TCCHF with a GF Score™ of 76/100 and a GF Value™ of $10.96 (Significantly Overvalued). Among 855 Travel & Leisure companies, Technogym SpA ranks better than 91.46% 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. Technogym SpA's annualizedNet Income for the quarter that ended in Dec. 2025 was $174 Mil. Technogym SpA's average total tangible assets for the quarter that ended in Dec. 2025 was $871 Mil. Therefore, Technogym SpA's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 19.98%.
The historical rank and industry rank for Technogym SpA's Return-on-Tangible-Asset or its related term are showing as below:
TCCHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.85 Med: 11.05 Max: 17.88
Current: 14.7
During the past 13 years, Technogym SpA's highest Return-on-Tangible-Asset was 17.88%. The lowest was 5.85%. And the median was 11.05%.
TCCHF's Return-on-Tangible-Asset is ranked better than 91.46% of 855
companies
in the Travel & Leisure industry
Industry Median: 2.73
vs TCCHF: 14.70
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.
Technogym SpA Return-on-Tangible-Asset Related Terms
Technogym SpA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Technogym SpA'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.
TCCHF vs AS, HAS, LTH: Return-on-Tangible-Asset Comparison
For the Leisure subindustry, Technogym SpA'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.
Technogym SpA Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Technogym SpA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Technogym SpA'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 19.98% mean?
Technogym SpA (TCCHF) has a Return-on-Tangible-Asset of 19.98% 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 Technogym SpA and its competitors. This is 81% above median its historical median of 11.05. Over the past decade, Technogym SpA's Return-on-Tangible-Asset has ranged from 5.85 to 17.88. According to the industry distribution chart, Technogym SpA ranks #73 out of 855 companies in the Travel & Leisure industry, placing it in the top 8.5%.
Is Technogym SpA's Return-on-Tangible-Asset too high?
Technogym SpA's current Return-on-Tangible-Asset of 19.98% is 81% above median its 10-year median of 11.05. Over the past 10 years, this metric has ranged from a low of 5.85 to a high of 17.88. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.73. Technogym SpA's value of 19.98% is 631.9% above this industry median. Based on the distribution chart, Technogym SpA ranks #73 out of 855 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Technogym SpA has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technogym SpA's Return-on-Tangible-Asset compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Technogym SpA ranks #73 out of 855 companies for Return-on-Tangible-Asset. This places Technogym SpA in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.73. Technogym SpA's value of 19.98% is 631.9% above this benchmark. Historically, Technogym SpA's own Return-on-Tangible-Asset has ranged from 5.85 to 17.88 over the past decade. While the company's 10-year median is 11.05 vs. the industry median of 2.73, Technogym SpA 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.73, based on 855 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. Technogym SpA's current Return-on-Tangible-Asset of 19.98% is 631.9% 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 Technogym SpA and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technogym SpA's current Return-on-Tangible-Asset is 19.98%, which is 81% above median its own 10-year median of 11.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technogym SpA stock overvalued right now?
Based on GuruFocus' analysis, Technogym SpA (TCCHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.96, compared to a current price of $24.00 — trading 119% above its estimated fair value. The current Return-on-Tangible-Asset is 19.98%, which is 81% above median its 10-year median of 11.05 and 631.9% above the Travel & Leisure industry median of 2.73. Technogym SpA's overall GF Score™ is 76/100. 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 Technogym SpA (TCCHF), the current Return-on-Tangible-Asset is 19.98% 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 Technogym SpA (TCCHF) Overvalued in 2026?
Based on GuruFocus' analysis, Technogym SpA stock appears to be overvalued.
The current stock price of $24.00 is trading 119% above its estimated GF Value™ of $10.96.
GuruFocus considers Technogym SpA to be Significantly Overvalued.
Key valuation signals for TCCHF:
Return-on-Tangible-Asset: 19.98% (81% above median its 10-year median of 11.05)
GF Value™: $10.96 vs. price of $24.00 (119% above fair value)
Industry Position: 631.9% above the Travel & Leisure median (#73 of 855)
No single metric tells the full story. See the TCCHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to the specific needs of end users and professional operators. The company offers a range of wellness, physical exercise, and rehabilitation solutions to the segments of the fitness equipment market and the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, Americas, MEIA, and Italy.
76GF Score
Get the complete analysis for TCCHF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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