TFS FinancialTFSL -0.50%56 Return-on-Tangible-Asset is 0.53% as of Mar. 2026, which is 5% below its 10-year median of 0.56. GuruFocus rates TFSL with a GF Score™ of 56/100 and a GF Value™ of $14.63 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,530 Banks companies, TFS Financial ranks worse than 75.16% 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. TFS Financial's annualizedNet Income for the quarter that ended in Mar. 2026 was $93.0 Mil. TFS Financial's average total tangible assets for the quarter that ended in Mar. 2026 was $17,480.3 Mil. Therefore, TFS Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.53%.
The historical rank and industry rank for TFS Financial's Return-on-Tangible-Asset or its related term are showing as below:
TFSL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.56 Max: 0.67
Current: 0.54
During the past 13 years, TFS Financial's highest Return-on-Tangible-Asset was 0.67%. The lowest was 0.46%. And the median was 0.56%.
TFSL's Return-on-Tangible-Asset is ranked worse than 75.16% of 1530
companies
in the Banks industry
Industry Median: 0.99
vs TFSL: 0.54
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.
TFS Financial Return-on-Tangible-Asset Related Terms
TFS Financial Return-on-Tangible-Asset Historical Data
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The historical data trend for TFS Financial'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.
TFSL vs IBOC, SFBS, FINN: Return-on-Tangible-Asset Comparison
For the Banks - Regional subindustry, TFS Financial'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.
TFS Financial Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, TFS Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TFS Financial'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 0.53% mean?
TFS Financial (TFSL) has a Return-on-Tangible-Asset of 0.53% 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 TFS Financial and its competitors. This is near median its historical median of 0.56. Over the past decade, TFS Financial's Return-on-Tangible-Asset has ranged from 0.46 to 0.67. According to the industry distribution chart, TFS Financial ranks #1150 out of 1530 companies in the Banks industry, placing it in the top 75.2%.
Is TFS Financial's Return-on-Tangible-Asset too high?
TFS Financial's current Return-on-Tangible-Asset of 0.53% is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.67. The Banks industry median Return-on-Tangible-Asset is 0.99. TFS Financial's value of 0.53% is 46.5% below this industry median. Based on the distribution chart, TFS Financial ranks #1150 out of 1530 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, TFS Financial has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TFS Financial's Return-on-Tangible-Asset compare to IBOC and SFBS?
According to the Banks industry distribution chart, TFS Financial ranks #1150 out of 1530 companies for Return-on-Tangible-Asset. This places TFS Financial in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.99. TFS Financial's value of 0.53% is 46.5% below this benchmark. Historically, TFS Financial's own Return-on-Tangible-Asset has ranged from 0.46 to 0.67 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.99, TFS Financial 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 0.99, based on 1,530 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. TFS Financial's current Return-on-Tangible-Asset of 0.53% is 46.5% 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 TFS Financial and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TFS Financial's current Return-on-Tangible-Asset is 0.53%, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFS Financial stock overvalued right now?
Based on GuruFocus' analysis, TFS Financial (TFSL) is currently considered Modestly Overvalued. The stock's GF Value™ is $14.63, compared to a current price of $17.78 — trading 21.5% above its estimated fair value. The current Return-on-Tangible-Asset is 0.53%, which is near median its 10-year median of 0.56 and 46.5% below the Banks industry median of 0.99. TFS Financial's overall GF Score™ is 56/100 with 7 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 TFS Financial (TFSL), the current Return-on-Tangible-Asset is 0.53% 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 TFS Financial (TFSL) Overvalued in 2026?
Based on GuruFocus' analysis, TFS Financial stock appears to be overvalued.
The current stock price of $17.78 is trading 21.5% above its estimated GF Value™ of $14.63.
GuruFocus considers TFS Financial to be Modestly Overvalued.
Key valuation signals for TFSL:
Return-on-Tangible-Asset: 0.53% (near median its 10-year median of 0.56)
GF Value™: $14.63 vs. price of $17.78 (21.5% above fair value)
Industry Position: 46.5% below the Banks median (#1150 of 1530)
No single metric tells the full story. See the TFSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TFS Financial Corp is the holding company for the Third Federal Savings and Loan Association of Cleveland. The company's ownership in the savings and loan association is its primary business activity. The association's principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits. It does so by offering products with competitive rates and yields. The company also operates Third Capital, a wholly owned subsidiary that serves as a holding company or as an investor in vehicles such as private equity funds. Third Capital has interests in lease transactions of commercial buildings, title agencies providing escrow and settlement services, and reinsurance of private mortgage insurance on residential loans.
56GF Score
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