Technogym SpATCCHF 76 Return-on-Tangible-Equity is 61.61% as of Dec. 2025, which is 86% above its 10-year median of 33.04. GuruFocus rates TCCHF with a GF Score™ of 76/100 and a GF Value™ of $19.21 (Significantly Overvalued). Among 797 Travel & Leisure companies, Technogym SpA ranks better than 82.56% 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. Technogym SpA's annualized net income for the quarter that ended in Dec. 2025 was $174 Mil. Technogym SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $282 Mil. Therefore, Technogym SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 61.61%.
The historical rank and industry rank for Technogym SpA's Return-on-Tangible-Equity or its related term are showing as below:
TCCHF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.81 Med: 33.04 Max: 103.84
Current: 42.56
During the past 13 years, Technogym SpA's highest Return-on-Tangible-Equity was 103.84%. The lowest was 15.81%. And the median was 33.04%.
TCCHF's Return-on-Tangible-Equity is ranked better than 82.56% of 797
companies
in the Travel & Leisure industry
Industry Median: 7.43
vs TCCHF: 42.56
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.
Technogym SpA Return-on-Tangible-Equity Related Terms
Technogym SpA Return-on-Tangible-Equity Historical Data
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The historical data trend for Technogym SpA'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.
TCCHF vs AS, HAS, LTH: Return-on-Tangible-Equity Comparison
For the Leisure subindustry, Technogym SpA'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.
Technogym SpA Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Technogym SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Technogym SpA'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 61.61% mean?
Technogym SpA (TCCHF) has a Return-on-Tangible-Equity of 61.61% 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 Technogym SpA and its competitors. This is 86% above median its historical median of 33.04. Over the past decade, Technogym SpA's Return-on-Tangible-Equity has ranged from 15.81 to 103.84. According to the industry distribution chart, Technogym SpA ranks #139 out of 797 companies in the Travel & Leisure industry, placing it in the top 17.4%.
Is Technogym SpA's Return-on-Tangible-Equity too high?
Technogym SpA's current Return-on-Tangible-Equity of 61.61% is 86% above median its 10-year median of 33.04. Over the past 10 years, this metric has ranged from a low of 15.81 to a high of 103.84. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.43. Technogym SpA's value of 61.61% is 729.2% above this industry median. Based on the distribution chart, Technogym SpA ranks #139 out of 797 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Technogym SpA has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Technogym SpA's Return-on-Tangible-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Technogym SpA ranks #139 out of 797 companies for Return-on-Tangible-Equity. This places Technogym SpA in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.43. Technogym SpA's value of 61.61% is 729.2% above this benchmark. Historically, Technogym SpA's own Return-on-Tangible-Equity has ranged from 15.81 to 103.84 over the past decade. While the company's 10-year median is 33.04 vs. the industry median of 7.43, Technogym SpA 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.43, based on 797 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. Technogym SpA's current Return-on-Tangible-Equity of 61.61% is 729.2% 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 Technogym SpA and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Technogym SpA's current Return-on-Tangible-Equity is 61.61%, which is 86% above median its own 10-year median of 33.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Technogym SpA stock overvalued right now?
Based on GuruFocus' analysis, Technogym SpA (TCCHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.21, compared to a current price of $24.00 — trading 24.9% above its estimated fair value. The current Return-on-Tangible-Equity is 61.61%, which is 86% above median its 10-year median of 33.04 and 729.2% above the Travel & Leisure industry median of 7.43. Technogym SpA's overall GF Score™ is 76/100. 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 Technogym SpA (TCCHF), the current Return-on-Tangible-Equity is 61.61% 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 Technogym SpA (TCCHF) Overvalued in 2026?
Based on GuruFocus' analysis, Technogym SpA stock appears to be overvalued.
The current stock price of $24.00 is trading 24.9% above its estimated GF Value™ of $19.21.
GuruFocus considers Technogym SpA to be Significantly Overvalued.
Key valuation signals for TCCHF:
Return-on-Tangible-Equity: 61.61% (86% above median its 10-year median of 33.04)
GF Value™: $19.21 vs. price of $24.00 (24.9% above fair value)
Industry Position: 729.2% above the Travel & Leisure median (#139 of 797)
No single metric tells the full story. See the TCCHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Technogym SpA is a fitness equipment manufacturer. The company offers integrated solutions for personal wellness consisting of equipment, services, and digital solutions that can be personalized and adapted to the specific needs of end users and professional operators. The company offers a range of wellness, physical exercise, and rehabilitation solutions to the segments of the fitness equipment market and the overall wellness industry. Its geographical segments are Europe (except Italy), APAC, Americas, MEIA, and Italy.
76GF Score
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