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Zehnder Group AGXSWX:ZEHN +1.60%75 Return-on-Tangible-Asset is 10.28% as of Dec. 2025, which is 40% above its 10-year median of 7.35. GuruFocus rates XSWX:ZEHN with a GF Score™ of 75/100 and a GF Value™ of CHF58.55 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,780 Construction companies, Zehnder Group AG ranks better than 85.84% 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. Zehnder Group AG's annualizedNet Income for the quarter that ended in Dec. 2025 was CHF43.5 Mil. Zehnder Group AG's average total tangible assets for the quarter that ended in Dec. 2025 was CHF423.0 Mil. Therefore, Zehnder Group AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 10.28%.
The historical rank and industry rank for Zehnder Group AG's Return-on-Tangible-Asset or its related term are showing as below:
XSWX:ZEHN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.35 Med: 7.35 Max: 11.21
Current: 10.19
During the past 13 years, Zehnder Group AG's highest Return-on-Tangible-Asset was 11.21%. The lowest was 0.35%. And the median was 7.35%.
XSWX:ZEHN's Return-on-Tangible-Asset is ranked better than 85.84% of 1780
companies
in the Construction industry
Industry Median: 3.06
vs XSWX:ZEHN: 10.19
Zehnder Group AG (XSWX:ZEHN) 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.
Zehnder Group AG Return-on-Tangible-Asset Related Terms
Zehnder Group AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zehnder 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:ZEHN vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Zehnder 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.
Zehnder Group AG Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Zehnder Group AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zehnder 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 10.28% mean?
Zehnder Group AG (XSWX:ZEHN) has a Return-on-Tangible-Asset of 10.28% 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 Zehnder Group AG and its competitors. This is 40% above median its historical median of 7.35. Over the past decade, Zehnder Group AG's Return-on-Tangible-Asset has ranged from 0.35 to 11.21. According to the industry distribution chart, Zehnder Group AG ranks #252 out of 1780 companies in the Construction industry, placing it in the top 14.2%.
Is Zehnder Group AG's Return-on-Tangible-Asset too high?
Zehnder Group AG's current Return-on-Tangible-Asset of 10.28% is 40% above median its 10-year median of 7.35. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 11.21. The Construction industry median Return-on-Tangible-Asset is 3.06. Zehnder Group AG's value of 10.28% is 235.9% above this industry median. Based on the distribution chart, Zehnder Group AG ranks #252 out of 1780 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Zehnder Group AG has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zehnder Group AG's Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Zehnder Group AG ranks #252 out of 1780 companies for Return-on-Tangible-Asset. This places Zehnder Group AG in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. Zehnder Group AG's value of 10.28% is 235.9% above this benchmark. Historically, Zehnder Group AG's own Return-on-Tangible-Asset has ranged from 0.35 to 11.21 over the past decade. While the company's 10-year median is 7.35 vs. the industry median of 3.06, Zehnder 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 a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,780 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. Zehnder Group AG's current Return-on-Tangible-Asset of 10.28% is 235.9% 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 Zehnder Group AG and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zehnder Group AG's current Return-on-Tangible-Asset is 10.28%, which is 40% above median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zehnder Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zehnder Group AG (XSWX:ZEHN) is currently considered Fairly Valued. The stock's GF Value™ is CHF58.55, compared to a current price of CHF63.50 — trading 8.5% above its estimated fair value. The current Return-on-Tangible-Asset is 10.28%, which is 40% above median its 10-year median of 7.35 and 235.9% above the Construction industry median of 3.06. Zehnder Group AG's overall GF Score™ is 75/100 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 Zehnder Group AG (XSWX:ZEHN), the current Return-on-Tangible-Asset is 10.28% 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 Zehnder Group AG (XSWX:ZEHN) Overvalued in 2026?
Based on GuruFocus' analysis, Zehnder Group AG stock appears to be overvalued.
The current stock price of CHF63.50 is trading 8.5% above its estimated GF Value™ of CHF58.55.
GuruFocus considers Zehnder Group AG to be Fairly Valued.
Key valuation signals for XSWX:ZEHN:
Return-on-Tangible-Asset: 10.28% (40% above median its 10-year median of 7.35)
GF Value™: CHF58.55 vs. price of CHF63.50 (8.5% above fair value)
Industry Position: 235.9% above the Construction median (#252 of 1780)
No single metric tells the full story. See the XSWX:ZEHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zehnder Group AG is an indoor climate system supplier. The products and services of the Group include heating, cooling, indoor ventilation, and air cleaning. The business activity of the company functions through Europe, China, and North America. The company has two segments, Ventilation and Radiators. The ventilation segment covers the three product lines for ventilation, heat exchangers, and clean air solutions, and generates maximum revenue. The radiator segment contains two product lines: radiators and climate ceilings. The company generates revenue from the EMEA (Europe, the Middle East, and Africa) Region.
75GF Score
Get the complete analysis for XSWX:ZEHN
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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