Vontobel Holding AGXSWX:VONN +3.36%65 Return-on-Tangible-Equity is 18.71% as of Dec. 2025, which is 7% above its 10-year median of 17.54. GuruFocus rates XSWX:VONN with a GF Score™ of 65/100 and a GF Value™ of CHF62.39 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,589 Asset Management companies, Vontobel Holding AG ranks better than 72.62% 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. Vontobel Holding AG's annualized net income for the quarter that ended in Dec. 2025 was CHF329 Mil. Vontobel Holding AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was CHF1,759 Mil. Therefore, Vontobel Holding AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 18.71%.
The historical rank and industry rank for Vontobel Holding AG's Return-on-Tangible-Equity or its related term are showing as below:
XSWX:VONN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.97 Med: 17.54 Max: 26.17
Current: 16.3
During the past 13 years, Vontobel Holding AG's highest Return-on-Tangible-Equity was 26.17%. The lowest was 14.97%. And the median was 17.54%.
XSWX:VONN's Return-on-Tangible-Equity is ranked better than 72.62% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs XSWX:VONN: 16.30
Vontobel Holding AG (XSWX:VONN) 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.
Vontobel Holding AG Return-on-Tangible-Equity Related Terms
Vontobel Holding AG Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vontobel 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.
Vontobel Holding AG Return-on-Tangible-Equity Chart
XSWX:VONN vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Vontobel 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.
Vontobel Holding AG Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Vontobel Holding AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vontobel 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 18.71% mean?
Vontobel Holding AG (XSWX:VONN) has a Return-on-Tangible-Equity of 18.71% 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 Vontobel Holding AG and its competitors. This is near median its historical median of 17.54. Over the past decade, Vontobel Holding AG's Return-on-Tangible-Equity has ranged from 14.97 to 26.17. According to the industry distribution chart, Vontobel Holding AG ranks #435 out of 1589 companies in the Asset Management industry, placing it in the top 27.4%.
Is Vontobel Holding AG's Return-on-Tangible-Equity too high?
Vontobel Holding AG's current Return-on-Tangible-Equity of 18.71% is near median its 10-year median of 17.54. Over the past 10 years, this metric has ranged from a low of 14.97 to a high of 26.17. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Vontobel Holding AG's value of 18.71% is 159.5% above this industry median. Based on the distribution chart, Vontobel Holding AG ranks #435 out of 1589 companies in the Asset Management industry, which is above the industry midpoint. Overall, Vontobel Holding AG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vontobel Holding AG's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Vontobel Holding AG ranks #435 out of 1589 companies for Return-on-Tangible-Equity. This puts Vontobel Holding AG in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Vontobel Holding AG's value of 18.71% is 159.5% above this benchmark. Historically, Vontobel Holding AG's own Return-on-Tangible-Equity has ranged from 14.97 to 26.17 over the past decade. While the company's 10-year median is 17.54 vs. the industry median of 7.21, Vontobel 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 Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 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. Vontobel Holding AG's current Return-on-Tangible-Equity of 18.71% is 159.5% 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 Vontobel Holding AG and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vontobel Holding AG's current Return-on-Tangible-Equity is 18.71%, which is near median its own 10-year median of 17.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vontobel Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Vontobel Holding AG (XSWX:VONN) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF62.39, compared to a current price of CHF76.80 — trading 23.1% above its estimated fair value. The current Return-on-Tangible-Equity is 18.71%, which is near median its 10-year median of 17.54 and 159.5% above the Asset Management industry median of 7.21. Vontobel Holding AG's overall GF Score™ is 65/100 with 7 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 Vontobel Holding AG (XSWX:VONN), the current Return-on-Tangible-Equity is 18.71% 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 Vontobel Holding AG (XSWX:VONN) Overvalued in 2026?
Based on GuruFocus' analysis, Vontobel Holding AG stock appears to be overvalued.
The current stock price of CHF76.80 is trading 23.1% above its estimated GF Value™ of CHF62.39.
GuruFocus considers Vontobel Holding AG to be Modestly Overvalued.
Key valuation signals for XSWX:VONN:
Return-on-Tangible-Equity: 18.71% (near median its 10-year median of 17.54)
GF Value™: CHF62.39 vs. price of CHF76.80 (23.1% above fair value)
Industry Position: 159.5% above the Asset Management median (#435 of 1589)
No single metric tells the full story. See the XSWX:VONN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vontobel Holding AG specializes in asset management, wealth management, and digital investing services. It operates through two business segments: The Institutional Clients: This segment focuses on sovereign wealth funds, pension funds, insurance companies as well as banks and other intermediary distribution partners. ii) The Private Clients: This segment serves wealthy private clients (including UHNWIs), family offices, external asset managers and other partners with a wide range of services, including the offering of structured solutions. The majority of the company's revenue is derived from its private clients segment.
65GF Score
Get the complete analysis for XSWX:VONN
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:VONN has been successfully added to your 
