Zurn Elkay Water SolutionsZWS -1.39%88 Return-on-Tangible-Asset is 22.24% as of Mar. 2026, which is 160% above its 10-year median of 8.55. GuruFocus rates ZWS with a GF Score™ of 88/100 and a GF Value™ of $40.41 (Modestly Overvalued). Among 3,071 Industrial Products companies, Zurn Elkay Water Solutions ranks better than 97.69% 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. Zurn Elkay Water Solutions's annualizedNet Income for the quarter that ended in Mar. 2026 was $236 Mil. Zurn Elkay Water Solutions's average total tangible assets for the quarter that ended in Mar. 2026 was $1,060 Mil. Therefore, Zurn Elkay Water Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 22.24%.
The historical rank and industry rank for Zurn Elkay Water Solutions's Return-on-Tangible-Asset or its related term are showing as below:
ZWS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.24 Med: 8.55 Max: 20.95
Current: 20.95
During the past 13 years, Zurn Elkay Water Solutions's highest Return-on-Tangible-Asset was 20.95%. The lowest was 2.24%. And the median was 8.55%.
ZWS's Return-on-Tangible-Asset is ranked better than 97.69% of 3071
companies
in the Industrial Products industry
Industry Median: 3.24
vs ZWS: 20.95
Zurn Elkay Water Solutions (NYSE:ZWS) 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.
Zurn Elkay Water Solutions Return-on-Tangible-Asset Related Terms
Zurn Elkay Water Solutions Return-on-Tangible-Asset Historical Data
* 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.
Zurn Elkay Water Solutions Return-on-Tangible-Asset Chart
ZWS vs CECO, PCT, ERII: Return-on-Tangible-Asset Comparison
For the Pollution & Treatment Controls subindustry, Zurn Elkay Water Solutions'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.
Zurn Elkay Water Solutions Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Zurn Elkay Water Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zurn Elkay Water Solutions'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 22.24% mean?
Zurn Elkay Water Solutions (ZWS) has a Return-on-Tangible-Asset of 22.24% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Zurn Elkay Water Solutions and its competitors. This is 160% above median its historical median of 8.55. Over the past decade, Zurn Elkay Water Solutions' Return-on-Tangible-Asset has ranged from 2.24 to 20.95. According to the industry distribution chart, Zurn Elkay Water Solutions ranks #71 out of 3071 companies in the Industrial Products industry, placing it in the top 2.3%.
Is Zurn Elkay Water Solutions' Return-on-Tangible-Asset too high?
Zurn Elkay Water Solutions' current Return-on-Tangible-Asset of 22.24% is 160% above median its 10-year median of 8.55. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 20.95. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Zurn Elkay Water Solutions' value of 22.24% is 586.4% above this industry median. Based on the distribution chart, Zurn Elkay Water Solutions ranks #71 out of 3071 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Zurn Elkay Water Solutions has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zurn Elkay Water Solutions' Return-on-Tangible-Asset compare to CECO and PCT?
According to the Industrial Products industry distribution chart, Zurn Elkay Water Solutions ranks #71 out of 3071 companies for Return-on-Tangible-Asset. This places Zurn Elkay Water Solutions in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Zurn Elkay Water Solutions' value of 22.24% is 586.4% above this benchmark. Historically, Zurn Elkay Water Solutions' own Return-on-Tangible-Asset has ranged from 2.24 to 20.95 over the past decade. While the company's 10-year median is 8.55 vs. the industry median of 3.24, Zurn Elkay Water Solutions 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 3.24, based on 3,071 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. Zurn Elkay Water Solutions's current Return-on-Tangible-Asset of 22.24% is 586.4% 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 Zurn Elkay Water Solutions and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zurn Elkay Water Solutions's current Return-on-Tangible-Asset is 22.24%, which is 160% above median its own 10-year median of 8.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurn Elkay Water Solutions stock overvalued right now?
Based on GuruFocus' analysis, Zurn Elkay Water Solutions (ZWS) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.41, compared to a current price of $46.80 — trading 15.8% above its estimated fair value. The current Return-on-Tangible-Asset is 22.24%, which is 160% above median its 10-year median of 8.55 and 586.4% above the Industrial Products industry median of 3.24. Zurn Elkay Water Solutions' overall GF Score™ is 88/100. 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 Zurn Elkay Water Solutions (ZWS), the current Return-on-Tangible-Asset is 22.24% as of Mar. 2026. 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 Zurn Elkay Water Solutions (ZWS) Overvalued in 2026?
Based on GuruFocus' analysis, Zurn Elkay Water Solutions stock appears to be overvalued.
The current stock price of $46.80 is trading 15.8% above its estimated GF Value™ of $40.41.
GuruFocus considers Zurn Elkay Water Solutions to be Modestly Overvalued.
Key valuation signals for ZWS:
Return-on-Tangible-Asset: 22.24% (160% above median its 10-year median of 8.55)
GF Value™: $40.41 vs. price of $46.80 (15.8% above fair value)
Industry Position: 586.4% above the Industrial Products median (#71 of 3071)
No single metric tells the full story. See the ZWS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zurn Elkay Water Solutions Corp is a growth-oriented, pure-play water management business that designs, procures, manufactures, and markets the broadest sustainable product portfolio of specification-driven water management solutions to improve health, hydration, human safety and the environment. Its product portfolio includes professional grade water safety and control products, flow systems products, hygienic and environmental products, and filtered drinking water products for public and private spaces that deliver superior value to building owners, positively impact the environment and human hygiene and reduce product installation time.
88GF Score
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