Swiss Helvetia FundSWZ -0.67%37 Return-on-Tangible-Equity is 1.18% as of Dec. 2025, which is 92% below its 10-year median of 14.85. GuruFocus rates SWZ with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 1,591 Asset Management companies, Swiss Helvetia Fund ranks better than 73.29% 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 Helvetia Fund's annualized net income for the quarter that ended in Dec. 2025 was $1.24 Mil. Swiss Helvetia Fund's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $104.96 Mil. Therefore, Swiss Helvetia Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.18%.
The historical rank and industry rank for Swiss Helvetia Fund's Return-on-Tangible-Equity or its related term are showing as below:
SWZ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -20.44 Med: 14.85 Max: 21.46
Current: 16.48
During the past 9 years, Swiss Helvetia Fund's highest Return-on-Tangible-Equity was 21.46%. The lowest was -20.44%. And the median was 14.85%.
SWZ's Return-on-Tangible-Equity is ranked better than 73.29% of 1591
companies
in the Asset Management industry
Industry Median: 7.05
vs SWZ: 16.48
Swiss Helvetia Fund (NYSE:SWZ) 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 Helvetia Fund Return-on-Tangible-Equity Related Terms
Swiss Helvetia Fund Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Swiss Helvetia Fund'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 Helvetia Fund Return-on-Tangible-Equity Chart
SWZ vs PNI, GLV, NMS: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Swiss Helvetia Fund'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 Helvetia Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Swiss Helvetia Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Swiss Helvetia Fund'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 1.18% mean?
Swiss Helvetia Fund (SWZ) has a Return-on-Tangible-Equity of 1.18% 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 Helvetia Fund and its competitors. This is 92% below median its historical median of 14.85. According to the industry distribution chart, Swiss Helvetia Fund ranks #425 out of 1591 companies in the Asset Management industry, placing it in the top 26.7%.
Is Swiss Helvetia Fund's Return-on-Tangible-Equity too high?
Swiss Helvetia Fund's current Return-on-Tangible-Equity of 1.18% is 92% below median its 10-year median of 14.85. The Asset Management industry median Return-on-Tangible-Equity is 7.05. Swiss Helvetia Fund's value of 1.18% is 83.3% below this industry median. Based on the distribution chart, Swiss Helvetia Fund ranks #425 out of 1591 companies in the Asset Management industry, which is above the industry midpoint. Overall, Swiss Helvetia Fund has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Swiss Helvetia Fund's Return-on-Tangible-Equity compare to PNI and GLV?
According to the Asset Management industry distribution chart, Swiss Helvetia Fund ranks #425 out of 1591 companies for Return-on-Tangible-Equity. This puts Swiss Helvetia Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.05. Swiss Helvetia Fund's value of 1.18% is 83.3% below this benchmark. While the company's 10-year median is 14.85 vs. the industry median of 7.05, Swiss Helvetia Fund has consistently been below 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.05, based on 1,591 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 Helvetia Fund's current Return-on-Tangible-Equity of 1.18% is 83.3% below 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 Helvetia Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swiss Helvetia Fund's current Return-on-Tangible-Equity is 1.18%, which is 92% below median its own 10-year median of 14.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiss Helvetia Fund stock overvalued right now?
Swiss Helvetia Fund (SWZ) has a current Return-on-Tangible-Equity of 1.18%. The current Return-on-Tangible-Equity is 1.18%, which is 92% below median its 10-year median of 14.85 and 83.3% below the Asset Management industry median of 7.05. Swiss Helvetia Fund's overall GF Score™ is 37/100 with 2 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 Helvetia Fund (SWZ), the current Return-on-Tangible-Equity is 1.18% 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.
Swiss Helvetia Fund Inc is a non-diversified, closed-end investment company. Its investment objective is to seek long-term capital appreciation through investment in equity and equity-linked securities of Swiss companies. It actively manages investment solutions spanning public and private markets, wealth management, and Solutions.
37GF Score
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