Ascom Holding AGXSWX:ASCN -0.17%69 Return-on-Tangible-Asset is 15.74% as of Dec. 2025, which is 114% above its 10-year median of 7.36. GuruFocus rates XSWX:ASCN with a GF Score™ of 69/100 and a GF Value™ of CHF5.83 (Fairly Valued). Among 684 Healthcare Providers & Services companies, Ascom Holding AG ranks better than 78.65% 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. Ascom Holding AG's annualizedNet Income for the quarter that ended in Dec. 2025 was CHF25.8 Mil. Ascom Holding AG's average total tangible assets for the quarter that ended in Dec. 2025 was CHF164.0 Mil. Therefore, Ascom Holding AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 15.74%.
The historical rank and industry rank for Ascom Holding AG's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:ASCN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -67.41 Med: 7.36 Max: 13.78
Current: 9.31
During the past 13 years, Ascom Holding AG's highest Return-on-Tangible-Asset was 13.78%. The lowest was -67.41%. And the median was 7.36%.
XSWX:ASCN's Return-on-Tangible-Asset is ranked better than 78.65% of 684
companies
in the Healthcare Providers & Services industry
Industry Median: 2.43
vs XSWX:ASCN: 9.31
Ascom Holding AG (XSWX:ASCN) 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.
Ascom Holding AG Return-on-Tangible-Asset Related Terms
Ascom Holding AG Return-on-Tangible-Asset Historical Data
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The historical data trend for Ascom 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.
XSWX:ASCN vs VEEV, BTSG, TEM: Return-on-Tangible-Asset Comparison
For the Health Information Services subindustry, Ascom 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.
Ascom Holding AG Return-on-Tangible-Asset vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ascom Holding AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ascom 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 15.74% mean?
Ascom Holding AG (XSWX:ASCN) has a Return-on-Tangible-Asset of 15.74% 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 Ascom Holding AG and its competitors. This is 114% above median its historical median of 7.36. According to the industry distribution chart, Ascom Holding AG ranks #146 out of 684 companies in the Healthcare Providers & Services industry, placing it in the top 21.3%.
Is Ascom Holding AG's Return-on-Tangible-Asset too high?
Ascom Holding AG's current Return-on-Tangible-Asset of 15.74% is 114% above median its 10-year median of 7.36. The Healthcare Providers & Services industry median Return-on-Tangible-Asset is 2.43. Ascom Holding AG's value of 15.74% is 547.7% above this industry median. Based on the distribution chart, Ascom Holding AG ranks #146 out of 684 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Ascom Holding AG has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ascom Holding AG's Return-on-Tangible-Asset compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Ascom Holding AG ranks #146 out of 684 companies for Return-on-Tangible-Asset. This places Ascom Holding AG in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.43. Ascom Holding AG's value of 15.74% is 547.7% above this benchmark. While the company's 10-year median is 7.36 vs. the industry median of 2.43, Ascom Holding AG 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 Providers & Services company?
The median Return-on-Tangible-Asset among Healthcare Providers & Services companies is 2.43, based on 684 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. Ascom Holding AG's current Return-on-Tangible-Asset of 15.74% is 547.7% 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 Ascom Holding AG and its competitors. For the Healthcare Providers & Services industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascom Holding AG's current Return-on-Tangible-Asset is 15.74%, which is 114% above median its own 10-year median of 7.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascom Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Ascom Holding AG (XSWX:ASCN) is currently considered Fairly Valued. The stock's GF Value™ is CHF5.83, compared to a current price of CHF5.98 — trading 2.6% above its estimated fair value. The current Return-on-Tangible-Asset is 15.74%, which is 114% above median its 10-year median of 7.36 and 547.7% above the Healthcare Providers & Services industry median of 2.43. Ascom Holding AG's overall GF Score™ is 69/100. 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 Ascom Holding AG (XSWX:ASCN), the current Return-on-Tangible-Asset is 15.74% 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 Ascom Holding AG (XSWX:ASCN) Overvalued in 2026?
Based on GuruFocus' analysis, Ascom Holding AG stock appears to be overvalued.
The current stock price of CHF5.98 is trading 2.6% above its estimated GF Value™ of CHF5.83.
GuruFocus considers Ascom Holding AG to be Fairly Valued.
Key valuation signals for XSWX:ASCN:
Return-on-Tangible-Asset: 15.74% (114% above median its 10-year median of 7.36)
GF Value™: CHF5.83 vs. price of CHF5.98 (2.6% above fair value)
Industry Position: 547.7% above the Healthcare Providers & Services median (#146 of 684)
No single metric tells the full story. See the XSWX:ASCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ascom Holding AG is a solutions provider of ICT and mobile workflow solutions in the healthcare and enterprise sectors. The company consists of a business unit, the purpose of which is to use its product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide digitalized, complete, and efficient workflows for healthcare as well as for industry, security, and retail sectors. The company has three segments OEM, Enterprise, and Healthcare. It derives a majority of revenue from the healthcare segment.
69GF Score
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