Ariston Holding NVARSTY -12.23%53 Return-on-Tangible-Equity is 626.67% as of Dec. 2025, which is 766% above its 10-year median of 72.37. GuruFocus rates ARSTY with a GF Score™ of 53/100 and a GF Value™ of $25.94 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,711 Construction companies, Ariston Holding NV ranks better than 99.94% 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. Ariston Holding NV's annualized net income for the quarter that ended in Dec. 2025 was $176 Mil. Ariston Holding NV's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $28 Mil. Therefore, Ariston Holding NV's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 626.67%.
The historical rank and industry rank for Ariston Holding NV's Return-on-Tangible-Equity or its related term are showing as below:
ARSTY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 27.04 Med: 72.37 Max: 116.34
Current: Negative Tangible Equity
During the past 9 years, Ariston Holding NV's highest Return-on-Tangible-Equity was 116.34%. The lowest was 27.04%. And the median was 72.37%.
ARSTY's Return-on-Tangible-Equity is ranked better than 99.94% of 1711
companies
in the Construction industry
Industry Median: 8.24
vs ARSTY: Negative Tangible Equity
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.
Ariston Holding NV Return-on-Tangible-Equity Related Terms
Ariston Holding NV Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ariston Holding NV'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.
ARSTY vs TT, JCI, CARR: Return-on-Tangible-Equity Comparison
For the Building Products & Equipment subindustry, Ariston Holding NV'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.
Ariston Holding NV Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Ariston Holding NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ariston Holding NV'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 626.67% mean?
Ariston Holding NV (ARSTY) has a Return-on-Tangible-Equity of 626.67% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ariston Holding NV and its competitors. This is 766% above median its historical median of 72.37. Over the past decade, Ariston Holding NV's Return-on-Tangible-Equity has ranged from 27.04 to 116.34. According to the industry distribution chart, Ariston Holding NV ranks #1 out of 1711 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Ariston Holding NV's Return-on-Tangible-Equity too high?
Ariston Holding NV's current Return-on-Tangible-Equity of 626.67% is 766% above median its 10-year median of 72.37. Over the past 10 years, this metric has ranged from a low of 27.04 to a high of 116.34. The Construction industry median Return-on-Tangible-Equity is 8.24. Ariston Holding NV's value of 626.67% is 7505.2% above this industry median. Based on the distribution chart, Ariston Holding NV ranks #1 out of 1711 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ariston Holding NV has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ariston Holding NV's Return-on-Tangible-Equity compare to TT and JCI?
According to the Construction industry distribution chart, Ariston Holding NV ranks #1 out of 1711 companies for Return-on-Tangible-Equity. This places Ariston Holding NV in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.24. Ariston Holding NV's value of 626.67% is 7505.2% above this benchmark. Historically, Ariston Holding NV's own Return-on-Tangible-Equity has ranged from 27.04 to 116.34 over the past decade. While the company's 10-year median is 72.37 vs. the industry median of 8.24, Ariston Holding NV 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 a Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.24, based on 1,711 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. Ariston Holding NV's current Return-on-Tangible-Equity of 626.67% is 7505.2% 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 Ariston Holding NV and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ariston Holding NV's current Return-on-Tangible-Equity is 626.67%, which is 766% above median its own 10-year median of 72.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ariston Holding NV stock overvalued right now?
Based on GuruFocus' analysis, Ariston Holding NV (ARSTY) is currently considered Possible Value Trap. The stock's GF Value™ is $25.94, compared to a current price of $15.79 — trading 39.1% below its estimated fair value. The current Return-on-Tangible-Equity is 626.67%, which is 766% above median its 10-year median of 72.37 and 7505.2% above the Construction industry median of 8.24. Ariston Holding NV's overall GF Score™ is 53/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ariston Holding NV (ARSTY), the current Return-on-Tangible-Equity is 626.67% 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 Ariston Holding NV (ARSTY) Overvalued in 2026?
Based on GuruFocus' analysis, Ariston Holding NV stock appears to be undervalued.
The current stock price of $15.79 is trading 39.1% below its estimated GF Value™ of $25.94.
GuruFocus considers Ariston Holding NV to be Possible Value Trap.
Key valuation signals for ARSTY:
Return-on-Tangible-Equity: 626.67% (766% above median its 10-year median of 72.37)
GF Value™: $25.94 vs. price of $15.79 (39.1% below fair value)
Industry Position: 7505.2% above the Construction median (#1 of 1711)
No single metric tells the full story. See the ARSTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ariston Holding NV is an Italian-based company that produces heating systems and related products. It develops, manufactures, and markets renewable hot water solutions. The company brands include Ariston, Wolf, Elco, Racold, and Calorex. The company's business division includes Thermal Comfort (TC), Air Treatments, Burners (BUR), and Components (COM). Geographically, the company generates revenue from the Netherlands (country of domicile), Germany, Italy, Switzerland, and Other countries. The company generates the majority of its revenue from the Thermal Comfort business division.
53GF Score
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