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Lang & Schwarz AGXTER:LUS1 73 Return-on-Tangible-Asset is 3.62% as of Dec. 2025, which is 100% above its 10-year median of 1.81. GuruFocus rates XTER:LUS1 with a GF Score™ of 73/100 and a GF Value™ of €33.77 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 818 Capital Markets companies, Lang & Schwarz AG ranks better than 70.42% 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. Lang & Schwarz AG's annualizedNet Income for the quarter that ended in Dec. 2025 was €44 Mil. Lang & Schwarz AG's average total tangible assets for the quarter that ended in Dec. 2025 was €1,210 Mil. Therefore, Lang & Schwarz AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.62%.
The historical rank and industry rank for Lang & Schwarz AG's Return-on-Tangible-Asset or its related term are showing as below:
XTER:LUS1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.07 Med: 1.81 Max: 4.72
Current: 4.42
During the past 13 years, Lang & Schwarz AG's highest Return-on-Tangible-Asset was 4.72%. The lowest was 0.07%. And the median was 1.81%.
XTER:LUS1's Return-on-Tangible-Asset is ranked better than 70.42% of 818
companies
in the Capital Markets industry
Industry Median: 1.55
vs XTER:LUS1: 4.42
Lang & Schwarz AG (XTER:LUS1) 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.
Lang & Schwarz AG Return-on-Tangible-Asset Related Terms
Lang & Schwarz AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Lang & Schwarz 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.
XTER:LUS1 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Lang & Schwarz 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.
Lang & Schwarz AG Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Lang & Schwarz AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lang & Schwarz 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 3.62% mean?
Lang & Schwarz AG (XTER:LUS1) has a Return-on-Tangible-Asset of 3.62% 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 Lang & Schwarz AG and its competitors. This is 100% above median its historical median of 1.81. Over the past decade, Lang & Schwarz AG's Return-on-Tangible-Asset has ranged from 0.07 to 4.72. According to the industry distribution chart, Lang & Schwarz AG ranks #242 out of 818 companies in the Capital Markets industry, placing it in the top 29.6%.
Is Lang & Schwarz AG's Return-on-Tangible-Asset too high?
Lang & Schwarz AG's current Return-on-Tangible-Asset of 3.62% is 100% above median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 4.72. The Capital Markets industry median Return-on-Tangible-Asset is 1.55. Lang & Schwarz AG's value of 3.62% is 133.5% above this industry median. Based on the distribution chart, Lang & Schwarz AG ranks #242 out of 818 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Lang & Schwarz AG has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lang & Schwarz AG's Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Lang & Schwarz AG ranks #242 out of 818 companies for Return-on-Tangible-Asset. This puts Lang & Schwarz AG in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.55. Lang & Schwarz AG's value of 3.62% is 133.5% above this benchmark. Historically, Lang & Schwarz AG's own Return-on-Tangible-Asset has ranged from 0.07 to 4.72 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 1.55, Lang & Schwarz 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.55, based on 818 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. Lang & Schwarz AG's current Return-on-Tangible-Asset of 3.62% is 133.5% 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 Lang & Schwarz AG and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lang & Schwarz AG's current Return-on-Tangible-Asset is 3.62%, which is 100% above median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lang & Schwarz AG stock overvalued right now?
Based on GuruFocus' analysis, Lang & Schwarz AG (XTER:LUS1) is currently considered Significantly Undervalued. The stock's GF Value™ is €33.77, compared to a current price of €19.10 — trading 43.4% below its estimated fair value. The current Return-on-Tangible-Asset is 3.62%, which is 100% above median its 10-year median of 1.81 and 133.5% above the Capital Markets industry median of 1.55. Lang & Schwarz AG's overall GF Score™ is 73/100 with 3 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 Lang & Schwarz AG (XTER:LUS1), the current Return-on-Tangible-Asset is 3.62% 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 Lang & Schwarz AG (XTER:LUS1) Overvalued in 2026?
Based on GuruFocus' analysis, Lang & Schwarz AG stock appears to be undervalued.
The current stock price of €19.10 is trading 43.4% below its estimated GF Value™ of €33.77.
GuruFocus considers Lang & Schwarz AG to be Significantly Undervalued.
Key valuation signals for XTER:LUS1:
Return-on-Tangible-Asset: 3.62% (100% above median its 10-year median of 1.81)
GF Value™: €33.77 vs. price of €19.10 (43.4% below fair value)
Industry Position: 133.5% above the Capital Markets median (#242 of 818)
No single metric tells the full story. See the XTER:LUS1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lang & Schwarz AG is an operative holding company. It offers broad range of leverage products including traditional warrants, turbos, end-use turbos, SFDs and KOGS on indices, domestic and foreign equities, commodities, interest rates and currencies, both as well Intra-day emissions to be able to offer current strikes and knockout levels in every market situation.
73GF Score
Get the complete analysis for XTER:LUS1
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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