SWIM (Latham Group) Return-on-Tangible-Equity: 0.00% (As of Mar. 2026)


SWIM Latham Group Inc SWIM
74 GF Score
Price $6.22
GF Value $6.18
Valuation Fairly Valued
! 5 Warning Signs
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What is Latham Group Return-on-Tangible-Equity?

Latham Group SWIM +2.81% 74 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates SWIM with a GF Score™ of 74/100 and a GF Value™ of $6.18 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,711 Construction companies, Latham Group 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. Latham Group's annualized net income for the quarter that ended in Mar. 2026 was $-34.1 Mil. Latham Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-23.7 Mil. Therefore, Latham Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.

The historical rank and industry rank for Latham Group's Return-on-Tangible-Equity or its related term are showing as below:

SWIM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

SWIM's Return-on-Tangible-Equity is ranked better than
99.94% of 1711 companies
in the Construction industry
Industry Median: 8.23 vs SWIM: Negative Tangible Equity

Latham Group  (NAS:SWIM) 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.


Latham Group Return-on-Tangible-Equity Related Terms


Latham Group Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Latham Group'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.

Latham Group Return-on-Tangible-Equity Chart

Latham Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 Negative Tangible Equity

Latham Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 Negative Tangible Equity Negative Tangible Equity 0.00 0.00

SWIM vs ASPN, JBI, APOG: Return-on-Tangible-Equity Comparison

For the Building Products & Equipment subindustry, Latham Group'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.


Latham Group Return-on-Tangible-Equity vs Construction Industry

For the Construction industry and Industrials sector, Latham Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Latham Group's Return-on-Tangible-Equity falls into.


SWIM
74GF Score
Latham Group Inc SWIM
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Latham Group Return-on-Tangible-Equity Calculation

Latham Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=11.124/( (-58.316+-17.401 )/ 2 )
=11.124/-37.8585
=Negative Tangible Equity %

Latham Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-34.136/( (-17.401+-29.983)/ 2 )
=-34.136/-23.692
=N/A %

* 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 0.00% mean?
Latham Group (SWIM) has a Return-on-Tangible-Equity of 0.00% 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 Latham Group and its competitors. According to the industry distribution chart, Latham Group ranks #1 out of 1711 companies in the Construction industry, placing it in the top 0.099999999999994%.
Is Latham Group's Return-on-Tangible-Equity too high?
Latham Group's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Latham Group ranks #1 out of 1711 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Latham Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Latham Group's Return-on-Tangible-Equity compare to ASPN and JBI?
According to the Construction industry distribution chart, Latham Group ranks #1 out of 1711 companies for Return-on-Tangible-Equity. This places Latham Group in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.23. 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 8.23, 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. 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 Latham Group and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latham Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latham Group stock overvalued right now?
Based on GuruFocus' analysis, Latham Group (SWIM) is currently considered Fairly Valued. The stock's GF Value™ is $6.18, compared to a current price of $6.22 — trading 0.6% above its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Latham Group's overall GF Score™ is 74/100 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 Latham Group (SWIM), the current Return-on-Tangible-Equity is 0.00% 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 Latham Group (SWIM) Overvalued in 2026?

Based on GuruFocus' analysis, Latham Group stock appears to be overvalued. The current stock price of $6.22 is trading 0.6% above its estimated GF Value™ of $6.18. GuruFocus considers Latham Group to be Fairly Valued.

Key valuation signals for SWIM:

  • Return-on-Tangible-Equity: 0.00%
  • GF Value™: $6.18 vs. price of $6.22 (0.6% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SWIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Latham Group Business Description

Address 787 Watervliet Shaker Road, Latham, NY, USA, 12110
Latham Group Inc is a designer, manufacturer, and marketer of in-ground residential swimming pools, liners, and covers in North America, Australia, and New Zealand. The company derives a majority of its revenue from the United States.
74GF Score

Get the complete analysis for SWIM

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6.22
Price
$6.18
GF Value