The Cigna GroupWBO:CIGN +1.61%60 Return-on-Tangible-Asset is 8.08% as of Mar. 2026, which is 90% above its 10-year median of 4.26. GuruFocus rates WBO:CIGN with a GF Score™ of 60/100 and a GF Value™ of €369.36 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 18 Healthcare Plans companies, The Cigna Group ranks better than 66.67% 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. The Cigna Group's annualizedNet Income for the quarter that ended in Mar. 2026 was €5,723 Mil. The Cigna Group's average total tangible assets for the quarter that ended in Mar. 2026 was €70,833 Mil. Therefore, The Cigna Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.08%.
The historical rank and industry rank for The Cigna Group's Return-on-Tangible-Asset or its related term are showing as below:
WBO:CIGN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.2 Med: 4.26 Max: 14.15
Current: 7.77
During the past 13 years, The Cigna Group's highest Return-on-Tangible-Asset was 14.15%. The lowest was 1.20%. And the median was 4.26%.
WBO:CIGN's Return-on-Tangible-Asset is ranked better than 66.67% of 18
companies
in the Healthcare Plans industry
Industry Median: 2.415
vs WBO:CIGN: 7.77
The Cigna Group (WBO:CIGN) 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.
The Cigna Group Return-on-Tangible-Asset Related Terms
The Cigna Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for The Cigna Group'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.
WBO:CIGN vs ELV, HUM, CNC: Return-on-Tangible-Asset Comparison
For the Healthcare Plans subindustry, The Cigna Group'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.
The Cigna Group Return-on-Tangible-Asset vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Cigna Group'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 8.08% mean?
The Cigna Group (WBO:CIGN) has a Return-on-Tangible-Asset of 8.08% 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 The Cigna Group and its competitors. This is 90% above median its historical median of 4.26. Over the past decade, The Cigna Group's Return-on-Tangible-Asset has ranged from 1.20 to 14.15. According to the industry distribution chart, The Cigna Group ranks #6 out of 18 companies in the Healthcare Plans industry, placing it in the top 33.3%.
Is The Cigna Group's Return-on-Tangible-Asset too high?
The Cigna Group's current Return-on-Tangible-Asset of 8.08% is 90% above median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 14.15. The Healthcare Plans industry median Return-on-Tangible-Asset is 2.42. The Cigna Group's value of 8.08% is 234.6% above this industry median. Based on the distribution chart, The Cigna Group ranks #6 out of 18 companies in the Healthcare Plans industry, which is above the industry midpoint. Overall, The Cigna Group has a GF Score™ of 60/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Cigna Group's Return-on-Tangible-Asset compare to ELV and HUM?
According to the Healthcare Plans industry distribution chart, The Cigna Group ranks #6 out of 18 companies for Return-on-Tangible-Asset. This puts The Cigna Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.42. The Cigna Group's value of 8.08% is 234.6% above this benchmark. Historically, The Cigna Group's own Return-on-Tangible-Asset has ranged from 1.20 to 14.15 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 2.42, The Cigna Group 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 Healthcare Plans company?
The median Return-on-Tangible-Asset among Healthcare Plans companies is 2.42, based on 18 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. The Cigna Group's current Return-on-Tangible-Asset of 8.08% is 234.6% 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 The Cigna Group and its competitors. For the Healthcare Plans industry, the median Return-on-Tangible-Asset is 2.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cigna Group's current Return-on-Tangible-Asset is 8.08%, which is 90% above median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cigna Group stock overvalued right now?
Based on GuruFocus' analysis, The Cigna Group (WBO:CIGN) is currently considered Significantly Undervalued. The stock's GF Value™ is €369.36, compared to a current price of €252.50 — trading 31.6% below its estimated fair value. The current Return-on-Tangible-Asset is 8.08%, which is 90% above median its 10-year median of 4.26 and 234.6% above the Healthcare Plans industry median of 2.42. The Cigna Group's overall GF Score™ is 60/100 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 The Cigna Group (WBO:CIGN), the current Return-on-Tangible-Asset is 8.08% 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 The Cigna Group (WBO:CIGN) Overvalued in 2026?
Based on GuruFocus' analysis, The Cigna Group stock appears to be undervalued.
The current stock price of €252.50 is trading 31.6% below its estimated GF Value™ of €369.36.
GuruFocus considers The Cigna Group to be Significantly Undervalued.
Key valuation signals for WBO:CIGN:
Return-on-Tangible-Asset: 8.08% (90% above median its 10-year median of 4.26)
GF Value™: €369.36 vs. price of €252.50 (31.6% below fair value)
Industry Position: 234.6% above the Healthcare Plans median (#6 of 18)
No single metric tells the full story. See the WBO:CIGN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is with the Department of Defense, and it recently won a multiyear deal with top-tier insurer Centene. In health insurance and other benefits, Cigna primarily serves employers through self-funding arrangements, and the company operates mostly in the US with 16 million US and 2 million international medical members covered as of December 2025.
60GF Score
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