Private Assets SE KGaAHAM:LSNA 13 Return-on-Tangible-Equity is 178.51% as of Dec. 2025. GuruFocus rates HAM:LSNA with a GF Score™ of 13/100. The stock has 8 warning signs investors should review. Among 1,588 Asset Management companies, Private Assets SE KGaA ranks worse than 53.4% 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. Private Assets SE KGaA's annualized net income for the quarter that ended in Dec. 2025 was €14.3 Mil. Private Assets SE KGaA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €8.0 Mil. Therefore, Private Assets SE KGaA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 178.51%.
The historical rank and industry rank for Private Assets SE KGaA's Return-on-Tangible-Equity or its related term are showing as below:
HAM:LSNA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1778.51 Med: -65.3 Max: 130.28
Current: 6.18
During the past 13 years, Private Assets SE KGaA's highest Return-on-Tangible-Equity was 130.28%. The lowest was -1,778.51%. And the median was -65.30%.
HAM:LSNA's Return-on-Tangible-Equity is ranked worse than 53.4% of 1588
companies
in the Asset Management industry
Industry Median: 7.19
vs HAM:LSNA: 6.18
Private Assets SE KGaA (HAM:LSNA) 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.
Private Assets SE KGaA Return-on-Tangible-Equity Related Terms
Private Assets SE KGaA Return-on-Tangible-Equity Historical Data
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The historical data trend for Private Assets SE KGaA'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.
Private Assets SE KGaA Return-on-Tangible-Equity Chart
HAM:LSNA vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Private Assets SE KGaA'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.
Private Assets SE KGaA Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Private Assets SE KGaA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Private Assets SE KGaA'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 two times the semi-annual (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 178.51% mean?
Private Assets SE KGaA (HAM:LSNA) has a Return-on-Tangible-Equity of 178.51% 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 Private Assets SE KGaA and its competitors. According to the industry distribution chart, Private Assets SE KGaA ranks #848 out of 1588 companies in the Asset Management industry, placing it in the top 53.4%.
Is Private Assets SE KGaA's Return-on-Tangible-Equity too high?
Private Assets SE KGaA's current Return-on-Tangible-Equity is 178.51%. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Private Assets SE KGaA's value of 178.51% is 2382.8% above this industry median. Based on the distribution chart, Private Assets SE KGaA ranks #848 out of 1588 companies in the Asset Management industry, which is below the industry midpoint. Overall, Private Assets SE KGaA has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Private Assets SE KGaA's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Private Assets SE KGaA ranks #848 out of 1588 companies for Return-on-Tangible-Equity. This places Private Assets SE KGaA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.19. Private Assets SE KGaA's value of 178.51% is 2382.8% above this benchmark. 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 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. Private Assets SE KGaA's current Return-on-Tangible-Equity of 178.51% is 2382.8% 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 Private Assets SE KGaA and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Private Assets SE KGaA's current Return-on-Tangible-Equity is 178.51%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Private Assets SE KGaA stock overvalued right now?
Private Assets SE KGaA (HAM:LSNA) has a current Return-on-Tangible-Equity of 178.51%. The current Return-on-Tangible-Equity is 178.51% and 2382.8% above the Asset Management industry median of 7.19. Private Assets SE KGaA's overall GF Score™ is 13/100 with 8 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 Private Assets SE KGaA (HAM:LSNA), the current Return-on-Tangible-Equity is 178.51% 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.
Private Assets SE & Co KGaA is a Hamburg-based investment company that specializes in corporate investments in special situations. It invests in companies with open succession issues, corporate spin-offs, and medium-sized companies that are currently underperforming.
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