Talanx AGTLLXY 80 Return-on-Tangible-Equity is 26.50% as of Mar. 2026, which is 110% above its 10-year median of 12.62. GuruFocus rates TLLXY with a GF Score™ of 80/100 and a GF Value™ of $54.12 (Fairly Valued). The stock has 3 warning signs investors should review. Among 500 Insurance companies, Talanx AG ranks better than 77.8% 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. Talanx AG's annualized net income for the quarter that ended in Mar. 2026 was $3,579 Mil. Talanx AG's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $13,507 Mil. Therefore, Talanx AG's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.50%.
The historical rank and industry rank for Talanx AG's Return-on-Tangible-Equity or its related term are showing as below:
TLLXY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.79 Med: 12.62 Max: 24.91
Current: 24.91
During the past 13 years, Talanx AG's highest Return-on-Tangible-Equity was 24.91%. The lowest was 7.79%. And the median was 12.62%.
TLLXY's Return-on-Tangible-Equity is ranked better than 77.8% of 500
companies
in the Insurance industry
Industry Median: 13.515
vs TLLXY: 24.91
Talanx AG (OTCPK:TLLXY) 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.
Talanx AG Return-on-Tangible-Equity Related Terms
Talanx AG Return-on-Tangible-Equity Historical Data
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The historical data trend for Talanx 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.
TLLXY vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, Talanx 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.
Talanx AG Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Talanx AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Talanx 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 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 26.50% mean?
Talanx AG (TLLXY) has a Return-on-Tangible-Equity of 26.50% 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 Talanx AG and its competitors. This is 110% above median its historical median of 12.62. Over the past decade, Talanx AG's Return-on-Tangible-Equity has ranged from 7.79 to 24.91. According to the industry distribution chart, Talanx AG ranks #111 out of 500 companies in the Insurance industry, placing it in the top 22.2%.
Is Talanx AG's Return-on-Tangible-Equity too high?
Talanx AG's current Return-on-Tangible-Equity of 26.50% is 110% above median its 10-year median of 12.62. Over the past 10 years, this metric has ranged from a low of 7.79 to a high of 24.91. The Insurance industry median Return-on-Tangible-Equity is 13.52. Talanx AG's value of 26.50% is 96.1% above this industry median. Based on the distribution chart, Talanx AG ranks #111 out of 500 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Talanx AG has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Talanx AG's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Talanx AG ranks #111 out of 500 companies for Return-on-Tangible-Equity. This places Talanx AG in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.52. Talanx AG's value of 26.50% is 96.1% above this benchmark. Historically, Talanx AG's own Return-on-Tangible-Equity has ranged from 7.79 to 24.91 over the past decade. While the company's 10-year median is 12.62 vs. the industry median of 13.52, Talanx 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 500 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. Talanx AG's current Return-on-Tangible-Equity of 26.50% is 96.1% 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 Talanx 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. Talanx AG's current Return-on-Tangible-Equity is 26.50%, which is 110% above median its own 10-year median of 12.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talanx AG stock overvalued right now?
Based on GuruFocus' analysis, Talanx AG (TLLXY) is currently considered Fairly Valued. The stock's GF Value™ is $54.12, compared to a current price of $60.33 — trading 11.5% above its estimated fair value. The current Return-on-Tangible-Equity is 26.50%, which is 110% above median its 10-year median of 12.62 and 96.1% above the Insurance industry median of 13.52. Talanx AG's overall GF Score™ is 80/100 with 3 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 Talanx AG (TLLXY), the current Return-on-Tangible-Equity is 26.50% 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 Talanx AG (TLLXY) Overvalued in 2026?
Based on GuruFocus' analysis, Talanx AG stock appears to be overvalued.
The current stock price of $60.33 is trading 11.5% above its estimated GF Value™ of $54.12.
GuruFocus considers Talanx AG to be Fairly Valued.
Key valuation signals for TLLXY:
Return-on-Tangible-Equity: 26.50% (110% above median its 10-year median of 12.62)
GF Value™: $54.12 vs. price of $60.33 (11.5% above fair value)
Industry Position: 96.1% above the Insurance median (#111 of 500)
No single metric tells the full story. See the TLLXY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Talanx is the third largest insurer in Germany. It sells insurance to businesses, individuals, and reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns just over three-quarters of the Talanx share capital.
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