Zurich Insurance Group AGZFSVF +1.67%64 Return-on-Tangible-Equity is 52.65% as of Dec. 2025, which is 165% above its 10-year median of 19.87. GuruFocus rates ZFSVF with a GF Score™ of 64/100 and a GF Value™ of $573.70 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 502 Insurance companies, Zurich Insurance Group AG ranks better than 91.24% 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. Zurich Insurance Group AG's annualized net income for the quarter that ended in Dec. 2025 was $7,466 Mil. Zurich Insurance Group AG's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $14,181 Mil. Therefore, Zurich Insurance Group AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 52.65%.
The historical rank and industry rank for Zurich Insurance Group AG's Return-on-Tangible-Equity or its related term are showing as below:
ZFSVF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.33 Med: 19.87 Max: 46.44
Current: 46.44
During the past 13 years, Zurich Insurance Group AG's highest Return-on-Tangible-Equity was 46.44%. The lowest was 12.33%. And the median was 19.87%.
ZFSVF's Return-on-Tangible-Equity is ranked better than 91.24% of 502
companies
in the Insurance industry
Industry Median: 13.515
vs ZFSVF: 46.44
Zurich Insurance Group AG (OTCPK:ZFSVF) 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.
Zurich Insurance Group AG Return-on-Tangible-Equity Related Terms
Zurich Insurance Group AG Return-on-Tangible-Equity Historical Data
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The historical data trend for Zurich Insurance Group 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.
Zurich Insurance Group AG Return-on-Tangible-Equity Chart
ZFSVF vs BRK.A, AIG, HIG: Return-on-Tangible-Equity Comparison
For the Insurance - Diversified subindustry, Zurich Insurance Group 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.
Zurich Insurance Group AG Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Zurich Insurance Group AG's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zurich Insurance Group 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 52.65% mean?
Zurich Insurance Group AG (ZFSVF) has a Return-on-Tangible-Equity of 52.65% 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 Zurich Insurance Group AG and its competitors. This is 165% above median its historical median of 19.87. Over the past decade, Zurich Insurance Group AG's Return-on-Tangible-Equity has ranged from 12.33 to 46.44. According to the industry distribution chart, Zurich Insurance Group AG ranks #44 out of 502 companies in the Insurance industry, placing it in the top 8.8%.
Is Zurich Insurance Group AG's Return-on-Tangible-Equity too high?
Zurich Insurance Group AG's current Return-on-Tangible-Equity of 52.65% is 165% above median its 10-year median of 19.87. Over the past 10 years, this metric has ranged from a low of 12.33 to a high of 46.44. The Insurance industry median Return-on-Tangible-Equity is 13.52. Zurich Insurance Group AG's value of 52.65% is 289.6% above this industry median. Based on the distribution chart, Zurich Insurance Group AG ranks #44 out of 502 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Zurich Insurance Group AG has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zurich Insurance Group AG's Return-on-Tangible-Equity compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Zurich Insurance Group AG ranks #44 out of 502 companies for Return-on-Tangible-Equity. This places Zurich Insurance Group AG in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.52. Zurich Insurance Group AG's value of 52.65% is 289.6% above this benchmark. Historically, Zurich Insurance Group AG's own Return-on-Tangible-Equity has ranged from 12.33 to 46.44 over the past decade. While the company's 10-year median is 19.87 vs. the industry median of 13.52, Zurich Insurance Group 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 502 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. Zurich Insurance Group AG's current Return-on-Tangible-Equity of 52.65% is 289.6% 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 Zurich Insurance Group 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. Zurich Insurance Group AG's current Return-on-Tangible-Equity is 52.65%, which is 165% above median its own 10-year median of 19.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zurich Insurance Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zurich Insurance Group AG (ZFSVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $573.70, compared to a current price of $740.92 — trading 29.1% above its estimated fair value. The current Return-on-Tangible-Equity is 52.65%, which is 165% above median its 10-year median of 19.87 and 289.6% above the Insurance industry median of 13.52. Zurich Insurance Group AG's overall GF Score™ is 64/100 with 5 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 Zurich Insurance Group AG (ZFSVF), the current Return-on-Tangible-Equity is 52.65% 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 Zurich Insurance Group AG (ZFSVF) Overvalued in 2026?
Based on GuruFocus' analysis, Zurich Insurance Group AG stock appears to be overvalued.
The current stock price of $740.92 is trading 29.1% above its estimated GF Value™ of $573.70.
GuruFocus considers Zurich Insurance Group AG to be Modestly Overvalued.
Key valuation signals for ZFSVF:
Return-on-Tangible-Equity: 52.65% (165% above median its 10-year median of 19.87)
GF Value™: $573.70 vs. price of $740.92 (29.1% above fair value)
Industry Position: 289.6% above the Insurance median (#44 of 502)
No single metric tells the full story. See the ZFSVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zurich is a multiline insurer that writes business across both life and nonlife insurance and also owns Farmers Management Services. Zurich was founded in 1872 as a marine reinsurer to provide reinsurance to its parent company. The company subsequently expanded into transport and accident insurance and rode the wave of transport technology innovation that drove rising demand for insurance. One of Zurich's early principles was that setting prices too low would result in unfair claims handling, which would be damaging to both customers and Zurich. Over the years, Zurich has sought to combine customer goodwill through claims and a sufficient premium. Zurich is one of the most successful European multilines.
64GF Score
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