LEM HoldingXSWX:LEHN 65 Return-on-Tangible-Asset is 1.96% as of Mar. 2026, which is 92% below its 10-year median of 25.16. GuruFocus rates XSWX:LEHN with a GF Score™ of 65/100 and a GF Value™ of CHF823.29 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 2,498 Hardware companies, LEM Holding ranks better than 54.88% 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. LEM Holding's annualizedNet Income for the quarter that ended in Mar. 2026 was CHF6.1 Mil. LEM Holding's average total tangible assets for the quarter that ended in Mar. 2026 was CHF313.0 Mil. Therefore, LEM Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.96%.
The historical rank and industry rank for LEM Holding's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:LEHN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.5 Med: 25.16 Max: 33.9
Current: 3.07
During the past 13 years, LEM Holding's highest Return-on-Tangible-Asset was 33.90%. The lowest was 2.50%. And the median was 25.16%.
XSWX:LEHN's Return-on-Tangible-Asset is ranked better than 54.88% of 2498
companies
in the Hardware industry
Industry Median: 2.44
vs XSWX:LEHN: 3.07
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.
LEM Holding Return-on-Tangible-Asset Related Terms
LEM Holding Return-on-Tangible-Asset Historical Data
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The historical data trend for LEM Holding'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:LEHN vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, LEM Holding'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.
LEM Holding Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, LEM Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where LEM Holding'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 1.96% mean?
LEM Holding (XSWX:LEHN) has a Return-on-Tangible-Asset of 1.96% 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 LEM Holding and its competitors. This is 92% below median its historical median of 25.16. Over the past decade, LEM Holding's Return-on-Tangible-Asset has ranged from 2.50 to 33.90. According to the industry distribution chart, LEM Holding ranks #1127 out of 2498 companies in the Hardware industry, placing it in the top 45.1%.
Is LEM Holding's Return-on-Tangible-Asset too high?
LEM Holding's current Return-on-Tangible-Asset of 1.96% is 92% below median its 10-year median of 25.16. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 33.90. The Hardware industry median Return-on-Tangible-Asset is 2.44. LEM Holding's value of 1.96% is 19.7% below this industry median. Based on the distribution chart, LEM Holding ranks #1127 out of 2498 companies in the Hardware industry, which is above the industry midpoint. Overall, LEM Holding has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LEM Holding's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, LEM Holding ranks #1127 out of 2498 companies for Return-on-Tangible-Asset. This puts LEM Holding in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.44. LEM Holding's value of 1.96% is 19.7% below this benchmark. Historically, LEM Holding's own Return-on-Tangible-Asset has ranged from 2.50 to 33.90 over the past decade. While the company's 10-year median is 25.16 vs. the industry median of 2.44, LEM Holding 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,498 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. LEM Holding's current Return-on-Tangible-Asset of 1.96% is 19.7% 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 LEM Holding and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEM Holding's current Return-on-Tangible-Asset is 1.96%, which is 92% below median its own 10-year median of 25.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEM Holding stock overvalued right now?
Based on GuruFocus' analysis, LEM Holding (XSWX:LEHN) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF823.29, compared to a current price of CHF400.50 — trading 51.4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.96%, which is 92% below median its 10-year median of 25.16 and 19.7% below the Hardware industry median of 2.44. LEM Holding's overall GF Score™ is 65/100 with 6 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 LEM Holding (XSWX:LEHN), the current Return-on-Tangible-Asset is 1.96% 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 LEM Holding (XSWX:LEHN) Overvalued in 2026?
Based on GuruFocus' analysis, LEM Holding stock appears to be undervalued.
The current stock price of CHF400.50 is trading 51.4% below its estimated GF Value™ of CHF823.29.
GuruFocus considers LEM Holding to be Significantly Undervalued.
Key valuation signals for XSWX:LEHN:
Return-on-Tangible-Asset: 1.96% (92% below median its 10-year median of 25.16)
GF Value™: CHF823.29 vs. price of CHF400.50 (51.4% below fair value)
Industry Position: 19.7% below the Hardware median (#1127 of 2498)
No single metric tells the full story. See the XSWX:LEHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LEM Holding SA develops electrical measurement solutions for energy and mobility applications. Its products are used in customer systems for measurement, monitoring, and control purposes. Its product portfolio includes Energy meters, Rogowski coils, Voltage sensors, Current sensors, and Integrated current sensors. The company's operations are organized in two reportable segments, namely, i) Region of Asia which includes China, Japan, South Korea, India, Southeast Asia; ii) Region of Europe/Americas which includes Europe, the Middle East, Africa, NAFTA and Latin America. The majority of revenue is derived from the Asia segment.
65GF Score
Get the complete analysis for XSWX:LEHN
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