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The Wendy's CoWEN -0.89%67 Return-on-Tangible-Asset is 3.03% as of Mar. 2026, which is 51% below its 10-year median of 6.17. GuruFocus rates WEN with a GF Score™ of 67/100 and a GF Value™ of $18.43 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 363 Restaurants companies, The Wendy's Co ranks better than 66.39% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. The Wendy's Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $91 Mil. The Wendy's Co's average total tangible assets for the quarter that ended in Mar. 2026 was $3,002 Mil. Therefore, The Wendy's Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.03%.
The historical rank and industry rank for The Wendy's Co's Return-on-Tangible-Asset or its related term are showing as below:
WEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.89 Med: 6.17 Max: 21.49
Current: 4.97
During the past 13 years, The Wendy's Co's highest Return-on-Tangible-Asset was 21.49%. The lowest was 3.89%. And the median was 6.17%.
WEN's Return-on-Tangible-Asset is ranked better than 66.39% of 363
companies
in the Restaurants industry
Industry Median: 2.37
vs WEN: 4.97
The Wendy's Co (NAS:WEN) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
The Wendy's Co Return-on-Tangible-Asset Related Terms
The Wendy's Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for The Wendy's Co's Return-on-Tangible-Asset 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.
WEN vs BH, BJRI, ARCO: Return-on-Tangible-Asset Comparison
For the Restaurants subindustry, The Wendy's Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
The Wendy's Co Return-on-Tangible-Asset vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, The Wendy's Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Wendy's Co's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 3.03% mean?
The Wendy's Co (WEN) has a Return-on-Tangible-Asset of 3.03% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Wendy's Co and its competitors. This is 51% below median its historical median of 6.17. Over the past decade, The Wendy's Co's Return-on-Tangible-Asset has ranged from 3.89 to 21.49. According to the industry distribution chart, The Wendy's Co ranks #122 out of 363 companies in the Restaurants industry, placing it in the top 33.6%.
Is The Wendy's Co's Return-on-Tangible-Asset too high?
The Wendy's Co's current Return-on-Tangible-Asset of 3.03% is 51% below median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 21.49. The Restaurants industry median Return-on-Tangible-Asset is 2.37. The Wendy's Co's value of 3.03% is 27.8% above this industry median. Based on the distribution chart, The Wendy's Co ranks #122 out of 363 companies in the Restaurants industry, which is above the industry midpoint. Overall, The Wendy's Co has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Wendy's Co's Return-on-Tangible-Asset compare to BH and BJRI?
According to the Restaurants industry distribution chart, The Wendy's Co ranks #122 out of 363 companies for Return-on-Tangible-Asset. This puts The Wendy's Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.37. The Wendy's Co's value of 3.03% is 27.8% above this benchmark. Historically, The Wendy's Co's own Return-on-Tangible-Asset has ranged from 3.89 to 21.49 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 2.37, The Wendy's Co 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-Asset for a Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.37, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Wendy's Co's current Return-on-Tangible-Asset of 3.03% is 27.8% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Wendy's Co and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Wendy's Co's current Return-on-Tangible-Asset is 3.03%, which is 51% below median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Wendy's Co stock overvalued right now?
Based on GuruFocus' analysis, The Wendy's Co (WEN) is currently considered Possible Value Trap. The stock's GF Value™ is $18.43, compared to a current price of $7.76 — trading 57.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.03%, which is 51% below median its 10-year median of 6.17 and 27.8% above the Restaurants industry median of 2.37. The Wendy's Co's overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For The Wendy's Co (WEN), the current Return-on-Tangible-Asset is 3.03% 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 The Wendy's Co (WEN) Overvalued in 2026?
Based on GuruFocus' analysis, The Wendy's Co stock appears to be undervalued.
The current stock price of $7.76 is trading 57.9% below its estimated GF Value™ of $18.43.
GuruFocus considers The Wendy's Co to be Possible Value Trap.
Key valuation signals for WEN:
Return-on-Tangible-Asset: 3.03% (51% below median its 10-year median of 6.17)
GF Value™: $18.43 vs. price of $7.76 (57.9% below fair value)
Industry Position: 27.8% above the Restaurants median (#122 of 363)
No single metric tells the full story. See the WEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Wendy's Co is engaged in operating, developing, and franchising a system of distinctive quick-service restaurants serving high-quality food. The company operates through Wendy's U.S., Wendy's International, and Global Real Estate & Development. Wendy's U.S. and Wendy's International include the operation and franchising of restaurants and derive revenues from sales at company-operated restaurants, as well as royalties, franchise fees, and advertising fund collections from franchised restaurants. Global Real Estate & Development includes real estate activities for owned and leased sites that are leased or subleased to franchisees and includes the company's share of income from its Canadian restaurant real estate joint venture.
67GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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