Carlo Gavazzi Holding AGXSWX:GAV +4.14%74 Return-on-Tangible-Asset is 2.67% as of Mar. 2026, which is 69% below its 10-year median of 8.57. GuruFocus rates XSWX:GAV with a GF Score™ of 74/100 and a GF Value™ of CHF204.01 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 3,071 Industrial Products companies, Carlo Gavazzi Holding AG ranks worse than 66.27% 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. Carlo Gavazzi Holding AG's annualizedNet Income for the quarter that ended in Mar. 2026 was CHF4.4 Mil. Carlo Gavazzi Holding AG's average total tangible assets for the quarter that ended in Mar. 2026 was CHF166.1 Mil. Therefore, Carlo Gavazzi Holding AG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.67%.
The historical rank and industry rank for Carlo Gavazzi Holding AG's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:GAV'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.09 Med: 8.57 Max: 16.71
Current: 1.1
During the past 13 years, Carlo Gavazzi Holding AG's highest Return-on-Tangible-Asset was 16.71%. The lowest was 1.09%. And the median was 8.57%.
XSWX:GAV's Return-on-Tangible-Asset is ranked worse than 66.27% of 3071
companies
in the Industrial Products industry
Industry Median: 3.24
vs XSWX:GAV: 1.10
Carlo Gavazzi Holding AG (XSWX:GAV) 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.
Carlo Gavazzi Holding AG Return-on-Tangible-Asset Related Terms
Carlo Gavazzi Holding AG Return-on-Tangible-Asset Historical Data
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The historical data trend for Carlo Gavazzi 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.
Carlo Gavazzi Holding AG Return-on-Tangible-Asset Chart
XSWX:GAV vs VRT, BE, HUBB: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Carlo Gavazzi 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.
Carlo Gavazzi Holding AG Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Carlo Gavazzi Holding AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Carlo Gavazzi 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.67% mean?
Carlo Gavazzi Holding AG (XSWX:GAV) has a Return-on-Tangible-Asset of 2.67% 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 Carlo Gavazzi Holding AG and its competitors. This is 69% below median its historical median of 8.57. Over the past decade, Carlo Gavazzi Holding AG's Return-on-Tangible-Asset has ranged from 1.09 to 16.71. According to the industry distribution chart, Carlo Gavazzi Holding AG ranks #2035 out of 3071 companies in the Industrial Products industry, placing it in the top 66.3%.
Is Carlo Gavazzi Holding AG's Return-on-Tangible-Asset too high?
Carlo Gavazzi Holding AG's current Return-on-Tangible-Asset of 2.67% is 69% below median its 10-year median of 8.57. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 16.71. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Carlo Gavazzi Holding AG's value of 2.67% is 17.6% below this industry median. Based on the distribution chart, Carlo Gavazzi Holding AG ranks #2035 out of 3071 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Carlo Gavazzi Holding AG has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carlo Gavazzi Holding AG's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Carlo Gavazzi Holding AG ranks #2035 out of 3071 companies for Return-on-Tangible-Asset. This places Carlo Gavazzi Holding AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Carlo Gavazzi Holding AG's value of 2.67% is 17.6% below this benchmark. Historically, Carlo Gavazzi Holding AG's own Return-on-Tangible-Asset has ranged from 1.09 to 16.71 over the past decade. While the company's 10-year median is 8.57 vs. the industry median of 3.24, Carlo Gavazzi Holding AG 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,071 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. Carlo Gavazzi Holding AG's current Return-on-Tangible-Asset of 2.67% is 17.6% 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 Carlo Gavazzi Holding AG and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlo Gavazzi Holding AG's current Return-on-Tangible-Asset is 2.67%, which is 69% below median its own 10-year median of 8.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlo Gavazzi Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Carlo Gavazzi Holding AG (XSWX:GAV) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF204.01, compared to a current price of CHF151.00 — trading 26% below its estimated fair value. The current Return-on-Tangible-Asset is 2.67%, which is 69% below median its 10-year median of 8.57 and 17.6% below the Industrial Products industry median of 3.24. Carlo Gavazzi Holding AG's overall GF Score™ is 74/100 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 Carlo Gavazzi Holding AG (XSWX:GAV), the current Return-on-Tangible-Asset is 2.67% 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 Carlo Gavazzi Holding AG (XSWX:GAV) Overvalued in 2026?
Based on GuruFocus' analysis, Carlo Gavazzi Holding AG stock appears to be undervalued.
The current stock price of CHF151.00 is trading 26% below its estimated GF Value™ of CHF204.01.
GuruFocus considers Carlo Gavazzi Holding AG to be Modestly Undervalued.
Key valuation signals for XSWX:GAV:
Return-on-Tangible-Asset: 2.67% (69% below median its 10-year median of 8.57)
GF Value™: CHF204.01 vs. price of CHF151.00 (26% below fair value)
Industry Position: 17.6% below the Industrial Products median (#2035 of 3071)
No single metric tells the full story. See the XSWX:GAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for industrial and building automation markets. The product portfolio of the company comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, Fieldbus systems, and others. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia.
74GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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