Phoenix Mecano AGXSWX:PMN -2.80%72 Return-on-Tangible-Asset is 5.64% as of Dec. 2025, which is 1% above its 10-year median of 5.57. GuruFocus rates XSWX:PMN with a GF Score™ of 72/100 and a GF Value™ of CHF440.57 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,070 Industrial Products companies, Phoenix Mecano AG ranks better than 62.57% 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. Phoenix Mecano AG's annualizedNet Income for the quarter that ended in Dec. 2025 was CHF30.5 Mil. Phoenix Mecano AG's average total tangible assets for the quarter that ended in Dec. 2025 was CHF541.2 Mil. Therefore, Phoenix Mecano AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.64%.
The historical rank and industry rank for Phoenix Mecano AG's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:PMN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.77 Med: 5.57 Max: 8.17
Current: 5.12
During the past 13 years, Phoenix Mecano AG's highest Return-on-Tangible-Asset was 8.17%. The lowest was 1.77%. And the median was 5.57%.
XSWX:PMN's Return-on-Tangible-Asset is ranked better than 62.57% of 3070
companies
in the Industrial Products industry
Industry Median: 3.245
vs XSWX:PMN: 5.12
Phoenix Mecano AG (XSWX:PMN) 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.
Phoenix Mecano AG Return-on-Tangible-Asset Related Terms
Phoenix Mecano AG Return-on-Tangible-Asset Historical Data
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The historical data trend for Phoenix Mecano 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:PMN vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, Phoenix Mecano 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.
Phoenix Mecano AG Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Phoenix Mecano AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Phoenix Mecano 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 5.64% mean?
Phoenix Mecano AG (XSWX:PMN) has a Return-on-Tangible-Asset of 5.64% 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 Phoenix Mecano AG and its competitors. This is near median its historical median of 5.57. Over the past decade, Phoenix Mecano AG's Return-on-Tangible-Asset has ranged from 1.77 to 8.17. According to the industry distribution chart, Phoenix Mecano AG ranks #1149 out of 3070 companies in the Industrial Products industry, placing it in the top 37.4%.
Is Phoenix Mecano AG's Return-on-Tangible-Asset too high?
Phoenix Mecano AG's current Return-on-Tangible-Asset of 5.64% is near median its 10-year median of 5.57. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 8.17. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. Phoenix Mecano AG's value of 5.64% is 73.8% above this industry median. Based on the distribution chart, Phoenix Mecano AG ranks #1149 out of 3070 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Phoenix Mecano AG has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Mecano AG's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Phoenix Mecano AG ranks #1149 out of 3070 companies for Return-on-Tangible-Asset. This puts Phoenix Mecano AG in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.25. Phoenix Mecano AG's value of 5.64% is 73.8% above this benchmark. Historically, Phoenix Mecano AG's own Return-on-Tangible-Asset has ranged from 1.77 to 8.17 over the past decade. While the company's 10-year median is 5.57 vs. the industry median of 3.25, Phoenix Mecano 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 an Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.25, based on 3,070 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. Phoenix Mecano AG's current Return-on-Tangible-Asset of 5.64% is 73.8% 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 Phoenix Mecano AG and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Mecano AG's current Return-on-Tangible-Asset is 5.64%, which is near median its own 10-year median of 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Mecano AG stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Mecano AG (XSWX:PMN) is currently considered Fairly Valued. The stock's GF Value™ is CHF440.57, compared to a current price of CHF416.00 — trading 5.6% below its estimated fair value. The current Return-on-Tangible-Asset is 5.64%, which is near median its 10-year median of 5.57 and 73.8% above the Industrial Products industry median of 3.25. Phoenix Mecano AG's overall GF Score™ is 72/100 with 2 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 Phoenix Mecano AG (XSWX:PMN), the current Return-on-Tangible-Asset is 5.64% 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 Phoenix Mecano AG (XSWX:PMN) Overvalued in 2026?
Based on GuruFocus' analysis, Phoenix Mecano AG stock appears to be undervalued.
The current stock price of CHF416.00 is trading 5.6% below its estimated GF Value™ of CHF440.57.
GuruFocus considers Phoenix Mecano AG to be Fairly Valued.
Key valuation signals for XSWX:PMN:
Return-on-Tangible-Asset: 5.64% (near median its 10-year median of 5.57)
GF Value™: CHF440.57 vs. price of CHF416.00 (5.6% below fair value)
Industry Position: 73.8% above the Industrial Products median (#1149 of 3070)
No single metric tells the full story. See the XSWX:PMN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phoenix Mecano AG is a technology company with market shares in international growth markets, manufacturing components and system solutions such as technical enclosures, electronic components, and electrical drives, mechanisms, and control systems for adjustable comfort and healthcare furniture and hospital beds. Its products are used across applications, including mechanical engineering, measurement and control technology, electrical engineering, automotive and railway technology, energy, medical, aerospace, and home and hospital care. The Group operates through three divisions: Enclosure Systems, Industrial Components, and DewertOkin Technology Group. It operates in Switzerland, Germany, the United Kingdom, France, Italy, the Netherlands, and other countries.
72GF Score
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