Swiss Life Holding AGSWSDF -2.44%70 Return-on-Tangible-Equity is 24.48% as of Dec. 2025, which is 132% above its 10-year median of 10.54. GuruFocus rates SWSDF with a GF Score™ of 70/100 and a GF Value™ of $950.27 (Fairly Valued). The stock has 8 warning signs investors should review. Among 502 Insurance companies, Swiss Life Holding AG ranks better than 71.91% 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. Swiss Life Holding AG's annualized net income for the quarter that ended in Dec. 2025 was $1,621 Mil. Swiss Life Holding AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $6,624 Mil. Therefore, Swiss Life Holding AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 24.48%.
The historical rank and industry rank for Swiss Life Holding AG's Return-on-Tangible-Equity or its related term are showing as below:
SWSDF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.64 Med: 10.54 Max: 22.45
Current: 22.45
During the past 13 years, Swiss Life Holding AG's highest Return-on-Tangible-Equity was 22.45%. The lowest was 7.64%. And the median was 10.54%.
SWSDF's Return-on-Tangible-Equity is ranked better than 71.91% of 502
companies
in the Insurance industry
Industry Median: 13.515
vs SWSDF: 22.45
Swiss Life Holding AG (OTCPK:SWSDF) 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.
Swiss Life Holding AG Return-on-Tangible-Equity Related Terms
Swiss Life Holding AG Return-on-Tangible-Equity Historical Data
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The historical data trend for Swiss Life Holding AG'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.
Swiss Life Holding AG Return-on-Tangible-Equity Chart
SWSDF vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, Swiss Life Holding AG'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.
Swiss Life Holding AG Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Swiss Life Holding AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Swiss Life Holding AG'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 24.48% mean?
Swiss Life Holding AG (SWSDF) has a Return-on-Tangible-Equity of 24.48% 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 Swiss Life Holding AG and its competitors. This is 132% above median its historical median of 10.54. Over the past decade, Swiss Life Holding AG's Return-on-Tangible-Equity has ranged from 7.64 to 22.45. According to the industry distribution chart, Swiss Life Holding AG ranks #141 out of 502 companies in the Insurance industry, placing it in the top 28.1%.
Is Swiss Life Holding AG's Return-on-Tangible-Equity too high?
Swiss Life Holding AG's current Return-on-Tangible-Equity of 24.48% is 132% above median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 7.64 to a high of 22.45. The Insurance industry median Return-on-Tangible-Equity is 13.52. Swiss Life Holding AG's value of 24.48% is 81.1% above this industry median. Based on the distribution chart, Swiss Life Holding AG ranks #141 out of 502 companies in the Insurance industry, which is above the industry midpoint. Overall, Swiss Life Holding AG has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Swiss Life Holding AG's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Swiss Life Holding AG ranks #141 out of 502 companies for Return-on-Tangible-Equity. This puts Swiss Life Holding AG in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.52. Swiss Life Holding AG's value of 24.48% is 81.1% above this benchmark. Historically, Swiss Life Holding AG's own Return-on-Tangible-Equity has ranged from 7.64 to 22.45 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 13.52, Swiss Life Holding AG 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 502 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. Swiss Life Holding AG's current Return-on-Tangible-Equity of 24.48% is 81.1% 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 Swiss Life Holding AG 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. Swiss Life Holding AG's current Return-on-Tangible-Equity is 24.48%, which is 132% above median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Life Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Swiss Life Holding AG (SWSDF) is currently considered Fairly Valued. The stock's GF Value™ is $950.27, compared to a current price of $1,053.30 — trading 10.8% above its estimated fair value. The current Return-on-Tangible-Equity is 24.48%, which is 132% above median its 10-year median of 10.54 and 81.1% above the Insurance industry median of 13.52. Swiss Life Holding AG's overall GF Score™ is 70/100 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 Swiss Life Holding AG (SWSDF), the current Return-on-Tangible-Equity is 24.48% 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 Swiss Life Holding AG (SWSDF) Overvalued in 2026?
Based on GuruFocus' analysis, Swiss Life Holding AG stock appears to be overvalued.
The current stock price of $1,053.30 is trading 10.8% above its estimated GF Value™ of $950.27.
GuruFocus considers Swiss Life Holding AG to be Fairly Valued.
Key valuation signals for SWSDF:
Return-on-Tangible-Equity: 24.48% (132% above median its 10-year median of 10.54)
GF Value™: $950.27 vs. price of $1,053.30 (10.8% above fair value)
Industry Position: 81.1% above the Insurance median (#141 of 502)
No single metric tells the full story. See the SWSDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swiss Life is predominantly a life and long-term savings company that generates the main share of its revenue and earnings from its domestic market of Switzerland. The company also operates in France, Germany, and a few smaller but wealthy European countries. The company has an asset manager as well. Swiss Life has three main sources of income that vary in significance by geography. Savings income relates to spread-based earnings, the risk result relates to a margin on insurance products, and the fee result relates to fees from asset management, financial advice, and unit-linked sales. The fee result has been growing in importance over time.
70GF Score
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