VZ Holding AGCHIX:VZNZ +0.66%93 ROE % is 22.25% as of Dec. 2025, which is 6% above its 10-year median of 20.92. GuruFocus rates CHIX:VZNZ with a GF Score™ of 93/100 and a GF Value™ of CHF146.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,608 Asset Management companies, VZ Holding AG ranks better than 84.02% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. VZ Holding AG's annualized net income for the quarter that ended in Dec. 2025 was CHF248.1 Mil. VZ Holding AG's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was CHF1,115.3 Mil. Therefore, VZ Holding AG's annualized ROE % for the quarter that ended in Dec. 2025 was 22.25%.
The historical rank and industry rank for VZ Holding AG's ROE % or its related term are showing as below:
CHIX:VZNz'
s ROE % Range Over the Past 10 Years
Min: 19.25 Med: 20.92 Max: 22.23
Current: 21.52
During the past 13 years, VZ Holding AG's highest ROE % was 22.23%. The lowest was 19.25%. And the median was 20.92%.
CHIX:VZNz's ROE % is ranked better than 84.02% of 1608
companies
in the Asset Management industry
Industry Median: 6.52
vs CHIX:VZNz: 21.52
VZ Holding AG (CHIX:VZNz) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.
VZ Holding AG ROE % Related Terms
VZ Holding AG ROE % Historical Data
* Premium members only.
The historical data trend for VZ Holding AG's ROE % 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.
For the Asset Management subindustry, VZ Holding AG's ROE %, along with its competitors' market caps and ROE % 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.
VZ Holding AG ROE % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, VZ Holding AG's ROE % distribution charts can be found below:
* The bar in red indicates where VZ Holding AG's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder 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.
ROE % is displayed in the 30-year financial page.
VZ Holding AG (CHIX:VZNZ) has a ROE % of 22.25% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on VZ Holding AG and its competitors. This is near median its historical median of 20.92. Over the past decade, VZ Holding AG's ROE % has ranged from 19.25 to 22.23. According to the industry distribution chart, VZ Holding AG ranks #257 out of 1608 companies in the Asset Management industry, placing it in the top 16%.
Is VZ Holding AG's ROE % too high?
VZ Holding AG's current ROE % of 22.25% is near median its 10-year median of 20.92. Over the past 10 years, this metric has ranged from a low of 19.25 to a high of 22.23. The Asset Management industry median ROE % is 6.52. VZ Holding AG's value of 22.25% is 241.3% above this industry median. Based on the distribution chart, VZ Holding AG ranks #257 out of 1608 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, VZ Holding AG has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VZ Holding AG's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, VZ Holding AG ranks #257 out of 1608 companies for ROE %. This places VZ Holding AG in the top 16% of its industry — outperforming the majority of peers. The industry median ROE % is 6.52. VZ Holding AG's value of 22.25% is 241.3% above this benchmark. Historically, VZ Holding AG's own ROE % has ranged from 19.25 to 22.23 over the past decade. While the company's 10-year median is 20.92 vs. the industry median of 6.52, VZ 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.52, based on 1,608 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. VZ Holding AG's current ROE % of 22.25% is 241.3% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on VZ Holding AG and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VZ Holding AG's current ROE % is 22.25%, which is near median its own 10-year median of 20.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VZ Holding AG stock overvalued right now?
Based on GuruFocus' analysis, VZ Holding AG (CHIX:VZNZ) is currently considered Fairly Valued. The stock's GF Value™ is CHF146.61, compared to a current price of CHF151.40 — trading 3.3% above its estimated fair value. The current ROE % is 22.25%, which is near median its 10-year median of 20.92 and 241.3% above the Asset Management industry median of 6.52. VZ Holding AG's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For VZ Holding AG (CHIX:VZNZ), the current ROE % is 22.25% 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 VZ Holding AG (CHIX:VZNZ) Overvalued in 2026?
Based on GuruFocus' analysis, VZ Holding AG stock appears to be overvalued.
The current stock price of CHF151.40 is trading 3.3% above its estimated GF Value™ of CHF146.61.
GuruFocus considers VZ Holding AG to be Fairly Valued.
Key valuation signals for CHIX:VZNZ:
ROE %: 22.25% (near median its 10-year median of 20.92)
GF Value™: CHF146.61 vs. price of CHF151.40 (3.3% above fair value)
Industry Position: 241.3% above the Asset Management median (#257 of 1608)
No single metric tells the full story. See the CHIX:VZNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VZ Holding AG offers financial advisory services for individuals and companies in many areas. It provides Independent, transparent advice, a Consultation process, and wide-ranging advice such as retirement, real estate, mortgages, shareholdings, and insurance advice. It generates the majority of its revenue from management fees on assets under management.
93GF Score
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