Union Insurance CoADX:UNION 51 Return-on-Tangible-Equity is 19.40% as of Mar. 2026, which is 611% above its 10-year median of 2.73. GuruFocus rates ADX:UNION with a GF Score™ of 51/100 and a GF Value™ of د.إ1.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 499 Insurance companies, Union Insurance Co ranks better than 60.32% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Union Insurance Co's annualized net income for the quarter that ended in Mar. 2026 was د.إ56.4 Mil. Union Insurance Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ290.5 Mil. Therefore, Union Insurance Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 19.40%.
The historical rank and industry rank for Union Insurance Co's Return-on-Tangible-Equity or its related term are showing as below:
ADX:UNION'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.38 Med: 2.73 Max: 17.39
Current: 16.76
During the past 13 years, Union Insurance Co's highest Return-on-Tangible-Equity was 17.39%. The lowest was -3.38%. And the median was 2.73%.
ADX:UNION's Return-on-Tangible-Equity is ranked better than 60.32% of 499
companies
in the Insurance industry
Industry Median: 13.52
vs ADX:UNION: 16.76
Union Insurance Co (ADX:UNION) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Union Insurance Co Return-on-Tangible-Equity Related Terms
Union Insurance Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Union Insurance Co's Return-on-Tangible-Equity 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.
Union Insurance Co Return-on-Tangible-Equity Chart
ADX:UNION vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, Union Insurance Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Union Insurance Co Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Union Insurance Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Union Insurance Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 19.40% mean?
Union Insurance Co (ADX:UNION) has a Return-on-Tangible-Equity of 19.40% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Union Insurance Co and its competitors. This is 611% above median its historical median of 2.73. According to the industry distribution chart, Union Insurance Co ranks #198 out of 499 companies in the Insurance industry, placing it in the top 39.7%.
Is Union Insurance Co's Return-on-Tangible-Equity too high?
Union Insurance Co's current Return-on-Tangible-Equity of 19.40% is 611% above median its 10-year median of 2.73. The Insurance industry median Return-on-Tangible-Equity is 13.52. Union Insurance Co's value of 19.40% is 43.5% above this industry median. Based on the distribution chart, Union Insurance Co ranks #198 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, Union Insurance Co has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Insurance Co's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Union Insurance Co ranks #198 out of 499 companies for Return-on-Tangible-Equity. This puts Union Insurance Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.52. Union Insurance Co's value of 19.40% is 43.5% above this benchmark. While the company's 10-year median is 2.73 vs. the industry median of 13.52, Union Insurance Co 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-Equity for an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Insurance Co's current Return-on-Tangible-Equity of 19.40% is 43.5% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Union Insurance Co and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Insurance Co's current Return-on-Tangible-Equity is 19.40%, which is 611% above median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Insurance Co stock overvalued right now?
Based on GuruFocus' analysis, Union Insurance Co (ADX:UNION) is currently considered Fairly Valued. The stock's GF Value™ is د.إ1.21, compared to a current price of د.إ1.32 — trading 9.1% above its estimated fair value. The current Return-on-Tangible-Equity is 19.40%, which is 611% above median its 10-year median of 2.73 and 43.5% above the Insurance industry median of 13.52. Union Insurance Co's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Union Insurance Co (ADX:UNION), the current Return-on-Tangible-Equity is 19.40% 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 Union Insurance Co (ADX:UNION) Overvalued in 2026?
Based on GuruFocus' analysis, Union Insurance Co stock appears to be overvalued.
The current stock price of د.إ1.32 is trading 9.1% above its estimated GF Value™ of د.إ1.21.
GuruFocus considers Union Insurance Co to be Fairly Valued.
Key valuation signals for ADX:UNION:
Return-on-Tangible-Equity: 19.40% (611% above median its 10-year median of 2.73)
GF Value™: د.إ1.21 vs. price of د.إ1.32 (9.1% above fair value)
Industry Position: 43.5% above the Insurance median (#198 of 499)
No single metric tells the full story. See the ADX:UNION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Insurance Co is a UAE-based insurance company engaged in the underwriting of various insurance products. The company provides retail and commercial insurance solutions across the United Arab Emirates and the Middle East. It operates through two segments: General Insurance and Life Assurance. The General Insurance segment includes auto, marine, engineering, healthcare, fire, travel, employee benefits, and general accident insurance, while the Life Assurance segment offers short-term and long-term life insurance. The company generates the majority of its revenue from the General Insurance segment. Its geographical segments include the United Arab Emirates, GCC Countries, and Others.
51GF Score
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