VAT Group AGXSWX:VACN +0.41%88 Return-on-Tangible-Asset is 24.96% as of Dec. 2025, which is 7% below its 10-year median of 26.70. GuruFocus rates XSWX:VACN with a GF Score™ of 88/100 and a GF Value™ of CHF430.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 3,070 Industrial Products companies, VAT Group AG ranks better than 98.63% 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. VAT Group AG's annualizedNet Income for the quarter that ended in Dec. 2025 was CHF217 Mil. VAT Group AG's average total tangible assets for the quarter that ended in Dec. 2025 was CHF871 Mil. Therefore, VAT Group AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 24.96%.
The historical rank and industry rank for VAT Group AG's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:VACN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.97 Med: 26.7 Max: 44.26
Current: 24.84
During the past 11 years, VAT Group AG's highest Return-on-Tangible-Asset was 44.26%. The lowest was 15.97%. And the median was 26.70%.
XSWX:VACN's Return-on-Tangible-Asset is ranked better than 98.63% of 3070
companies
in the Industrial Products industry
Industry Median: 3.245
vs XSWX:VACN: 24.84
VAT Group AG (XSWX:VACN) 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.
VAT Group AG Return-on-Tangible-Asset Related Terms
VAT Group AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for VAT Group 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:VACN vs GEV, ETN, PH: Return-on-Tangible-Asset Comparison
For the Specialty Industrial Machinery subindustry, VAT Group 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.
VAT Group AG Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, VAT Group AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where VAT Group 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 24.96% mean?
VAT Group AG (XSWX:VACN) has a Return-on-Tangible-Asset of 24.96% 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 VAT Group AG and its competitors. This is near median its historical median of 26.70. Over the past decade, VAT Group AG's Return-on-Tangible-Asset has ranged from 15.97 to 44.26. According to the industry distribution chart, VAT Group AG ranks #42 out of 3070 companies in the Industrial Products industry, placing it in the top 1.4%.
Is VAT Group AG's Return-on-Tangible-Asset too high?
VAT Group AG's current Return-on-Tangible-Asset of 24.96% is near median its 10-year median of 26.70. Over the past 10 years, this metric has ranged from a low of 15.97 to a high of 44.26. The Industrial Products industry median Return-on-Tangible-Asset is 3.25. VAT Group AG's value of 24.96% is 669.2% above this industry median. Based on the distribution chart, VAT Group AG ranks #42 out of 3070 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, VAT Group AG has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VAT Group AG's Return-on-Tangible-Asset compare to GEV and ETN?
According to the Industrial Products industry distribution chart, VAT Group AG ranks #42 out of 3070 companies for Return-on-Tangible-Asset. This places VAT Group AG in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.25. VAT Group AG's value of 24.96% is 669.2% above this benchmark. Historically, VAT Group AG's own Return-on-Tangible-Asset has ranged from 15.97 to 44.26 over the past decade. While the company's 10-year median is 26.70 vs. the industry median of 3.25, VAT Group 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. VAT Group AG's current Return-on-Tangible-Asset of 24.96% is 669.2% 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 VAT Group 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. VAT Group AG's current Return-on-Tangible-Asset is 24.96%, which is near median its own 10-year median of 26.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VAT Group AG stock overvalued right now?
Based on GuruFocus' analysis, VAT Group AG (XSWX:VACN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF430.42, compared to a current price of CHF680.60 — trading 58.1% above its estimated fair value. The current Return-on-Tangible-Asset is 24.96%, which is near median its 10-year median of 26.70 and 669.2% above the Industrial Products industry median of 3.25. VAT Group AG's overall GF Score™ is 88/100 with 7 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 VAT Group AG (XSWX:VACN), the current Return-on-Tangible-Asset is 24.96% 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 VAT Group AG (XSWX:VACN) Overvalued in 2026?
Based on GuruFocus' analysis, VAT Group AG stock appears to be overvalued.
The current stock price of CHF680.60 is trading 58.1% above its estimated GF Value™ of CHF430.42.
GuruFocus considers VAT Group AG to be Significantly Overvalued.
Key valuation signals for XSWX:VACN:
Return-on-Tangible-Asset: 24.96% (near median its 10-year median of 26.70)
GF Value™: CHF430.42 vs. price of CHF680.60 (58.1% above fair value)
Industry Position: 669.2% above the Industrial Products median (#42 of 3070)
No single metric tells the full story. See the XSWX:VACN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VAT Group AG is a developer and manufacturer of vacuum valves and related solutions used in vacuum environments required for the manufacturing of semiconductors, photovoltaic solar cells, digital displays, and other industrial and research applications. Its products are mission-critical components that enable high-precision processes in near-perfect vacuum environments. It operates through two segments: valves, which earn maximum revenue and focus on the design and manufacture of vacuum valves and related components, and service, which provides spare parts, repairs, upgrades, and support services for installed products. The company maintains a production footprint across multiple locations and serves customers internationally, earning a majority of its revenue from China.
88GF Score
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