Koninklijke Ahold Delhaize NVXSWX:AD 88 Return-on-Tangible-Equity is 298.31% as of Mar. 2026, which is 219% above its 10-year median of 93.52. GuruFocus rates XSWX:AD with a GF Score™ of 88/100 and a GF Value™ of CHF27.58 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 300 Retail - Defensive companies, Koninklijke Ahold Delhaize NV ranks better than 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. Koninklijke Ahold Delhaize NV's annualized net income for the quarter that ended in Mar. 2026 was CHF2,010 Mil. Koninklijke Ahold Delhaize NV's average shareholder tangible equity for the quarter that ended in Mar. 2026 was CHF674 Mil. Therefore, Koninklijke Ahold Delhaize NV's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 298.31%.
The historical rank and industry rank for Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity or its related term are showing as below:
XSWX:AD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 22.48 Med: 93.52 Max: 349.14
Current: 349.14
During the past 13 years, Koninklijke Ahold Delhaize NV's highest Return-on-Tangible-Equity was 349.14%. The lowest was 22.48%. And the median was 93.52%.
XSWX:AD's Return-on-Tangible-Equity is ranked better than 94% of 300
companies
in the Retail - Defensive industry
Industry Median: 10.975
vs XSWX:AD: 349.14
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.
Koninklijke Ahold Delhaize NV Return-on-Tangible-Equity Related Terms
Koninklijke Ahold Delhaize NV Return-on-Tangible-Equity Historical Data
* 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.
XSWX:AD vs KR, SFM, ACI: Return-on-Tangible-Equity Comparison
For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.
Koninklijke Ahold Delhaize NV Return-on-Tangible-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Koninklijke Ahold Delhaize NV'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 298.31% mean?
Koninklijke Ahold Delhaize NV (XSWX:AD) has a Return-on-Tangible-Equity of 298.31% 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 Koninklijke Ahold Delhaize NV and its competitors. This is 219% above median its historical median of 93.52. Over the past decade, Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity has ranged from 22.48 to 349.14. According to the industry distribution chart, Koninklijke Ahold Delhaize NV ranks #18 out of 300 companies in the Retail - Defensive industry, placing it in the top 6%.
Is Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity too high?
Koninklijke Ahold Delhaize NV's current Return-on-Tangible-Equity of 298.31% is 219% above median its 10-year median of 93.52. Over the past 10 years, this metric has ranged from a low of 22.48 to a high of 349.14. The Retail - Defensive industry median Return-on-Tangible-Equity is 10.98. Koninklijke Ahold Delhaize NV's value of 298.31% is 2618.1% above this industry median. Based on the distribution chart, Koninklijke Ahold Delhaize NV ranks #18 out of 300 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Koninklijke Ahold Delhaize NV has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Ahold Delhaize NV's Return-on-Tangible-Equity compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Koninklijke Ahold Delhaize NV ranks #18 out of 300 companies for Return-on-Tangible-Equity. This places Koninklijke Ahold Delhaize NV in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.98. Koninklijke Ahold Delhaize NV's value of 298.31% is 2618.1% above this benchmark. Historically, Koninklijke Ahold Delhaize NV's own Return-on-Tangible-Equity has ranged from 22.48 to 349.14 over the past decade. While the company's 10-year median is 93.52 vs. the industry median of 10.98, Koninklijke Ahold Delhaize NV 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 Retail - Defensive company?
The median Return-on-Tangible-Equity among Retail - Defensive companies is 10.98, based on 300 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. Koninklijke Ahold Delhaize NV's current Return-on-Tangible-Equity of 298.31% is 2618.1% 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 Koninklijke Ahold Delhaize NV and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Equity is 10.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koninklijke Ahold Delhaize NV's current Return-on-Tangible-Equity is 298.31%, which is 219% above median its own 10-year median of 93.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Ahold Delhaize NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Ahold Delhaize NV (XSWX:AD) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF27.58, compared to a current price of CHF32.33 — trading 17.2% above its estimated fair value. The current Return-on-Tangible-Equity is 298.31%, which is 219% above median its 10-year median of 93.52 and 2618.1% above the Retail - Defensive industry median of 10.98. Koninklijke Ahold Delhaize NV's overall GF Score™ is 88/100 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 Koninklijke Ahold Delhaize NV (XSWX:AD), the current Return-on-Tangible-Equity is 298.31% 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 Koninklijke Ahold Delhaize NV (XSWX:AD) Overvalued in 2026?
Based on GuruFocus' analysis, Koninklijke Ahold Delhaize NV stock appears to be overvalued.
The current stock price of CHF32.33 is trading 17.2% above its estimated GF Value™ of CHF27.58.
GuruFocus considers Koninklijke Ahold Delhaize NV to be Modestly Overvalued.
Key valuation signals for XSWX:AD:
Return-on-Tangible-Equity: 298.31% (219% above median its 10-year median of 93.52)
GF Value™: CHF27.58 vs. price of CHF32.33 (17.2% above fair value)
Industry Position: 2618.1% above the Retail - Defensive median (#18 of 300)
No single metric tells the full story. See the XSWX:AD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koninklijke Ahold Delhaize NV Business Description
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the seventh-largest grocer in the US and a top player in several parts of Europe. The US is its largest market, accounting for over 60% of group sales, and the network stretches from Maine to Georgia, including banners Stop & Shop, The Giant Company, Giant Food, Food Lion, and Hannaford. The Europe segment accounts for the rest of the revenue, with the firm operating in the Netherlands, Belgium, Greece, Romania, Serbia, and Luxembourg.
88GF Score
Get the complete analysis for XSWX:AD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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