Zurich Insurance Group AGZFSVF -0.38%65 Return-on-Tangible-Asset is 1.93% as of Dec. 2025, which is 77% above its 10-year median of 1.09. GuruFocus rates ZFSVF with a GF Scoreâ„¢ of 65/100 and a GF Valueâ„¢ of $588.23 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 508 Insurance companies, Zurich Insurance Group AG ranks worse than 62.6% 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. Zurich Insurance Group AG's annualizedNet Income for the quarter that ended in Dec. 2025 was $7,466 Mil. Zurich Insurance Group AG's average total tangible assets for the quarter that ended in Dec. 2025 was $387,440 Mil. Therefore, Zurich Insurance Group AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 1.93%.
The historical rank and industry rank for Zurich Insurance Group AG's Return-on-Tangible-Asset or its related term are showing as below:
ZFSVF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.75 Med: 1.09 Max: 1.76
Current: 1.76
During the past 13 years, Zurich Insurance Group AG's highest Return-on-Tangible-Asset was 1.76%. The lowest was 0.75%. And the median was 1.09%.
ZFSVF's Return-on-Tangible-Asset is ranked worse than 62.6% of 508
companies
in the Insurance industry
Industry Median: 2.785
vs ZFSVF: 1.76
Zurich Insurance Group AG (OTCPK:ZFSVF) 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 companyÂ’s 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 companyÂ’s 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.
Zurich Insurance Group AG Return-on-Tangible-Asset Related Terms
Zurich Insurance Group AG Return-on-Tangible-Asset Historical Data
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The historical data trend for Zurich Insurance 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.
Zurich Insurance Group AG Return-on-Tangible-Asset Chart
ZFSVF vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, Zurich Insurance 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.
Zurich Insurance Group AG Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Zurich Insurance Group AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zurich Insurance 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 1.93% mean?
Zurich Insurance Group AG (ZFSVF) has a Return-on-Tangible-Asset of 1.93% 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 Zurich Insurance Group AG and its competitors. This is 77% above median its historical median of 1.09. Over the past decade, Zurich Insurance Group AG's Return-on-Tangible-Asset has ranged from 0.75 to 1.76. According to the industry distribution chart, Zurich Insurance Group AG ranks #318 out of 508 companies in the Insurance industry, placing it in the top 62.6%.
Is Zurich Insurance Group AG's Return-on-Tangible-Asset too high?
Zurich Insurance Group AG's current Return-on-Tangible-Asset of 1.93% is 77% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.76. The Insurance industry median Return-on-Tangible-Asset is 2.79. Zurich Insurance Group AG's value of 1.93% is 30.7% below this industry median. Based on the distribution chart, Zurich Insurance Group AG ranks #318 out of 508 companies in the Insurance industry, which is below the industry midpoint. Overall, Zurich Insurance Group AG has a GF Scoreâ„¢ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zurich Insurance Group AG's Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Zurich Insurance Group AG ranks #318 out of 508 companies for Return-on-Tangible-Asset. This places Zurich Insurance Group AG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.79. Zurich Insurance Group AG's value of 1.93% is 30.7% below this benchmark. Historically, Zurich Insurance Group AG's own Return-on-Tangible-Asset has ranged from 0.75 to 1.76 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 2.79, Zurich Insurance Group AG 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.79, based on 508 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. Zurich Insurance Group AG's current Return-on-Tangible-Asset of 1.93% is 30.7% 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 Zurich Insurance Group AG and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zurich Insurance Group AG's current Return-on-Tangible-Asset is 1.93%, which is 77% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurich Insurance Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zurich Insurance Group AG (ZFSVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $588.23, compared to a current price of $729.00 — trading 23.9% above its estimated fair value. The current Return-on-Tangible-Asset is 1.93%, which is 77% above median its 10-year median of 1.09 and 30.7% below the Insurance industry median of 2.79. Zurich Insurance Group AG's overall GF Score™ is 65/100 with 5 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 Zurich Insurance Group AG (ZFSVF), the current Return-on-Tangible-Asset is 1.93% 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 Zurich Insurance Group AG (ZFSVF) Overvalued in 2026?
Based on GuruFocus' analysis, Zurich Insurance Group AG stock appears to be overvalued.
The current stock price of $729.00 is trading 23.9% above its estimated GF Value™ of $588.23.
GuruFocus considers Zurich Insurance Group AG to be Modestly Overvalued.
Key valuation signals for ZFSVF:
Return-on-Tangible-Asset: 1.93% (77% above median its 10-year median of 1.09)
GF Value™: $588.23 vs. price of $729.00 (23.9% above fair value)
Industry Position: 30.7% below the Insurance median (#318 of 508)
No single metric tells the full story. See the ZFSVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. Zurich was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. The company subsequently expanded into transport and accident insurance and rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European multilines.
65GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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