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AAK ABCHIX:AAKS 79 Return-on-Tangible-Asset is 9.94% as of Jun. 2026, which is 23% above its 10-year median of 8.05. GuruFocus rates CHIX:AAKS with a GF Score™ of 79/100 and a GF Value™ of kr257.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, AAK AB ranks better than 85.17% 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. AAK AB's annualizedNet Income for the quarter that ended in Jun. 2026 was kr3,212 Mil. AAK AB's average total tangible assets for the quarter that ended in Jun. 2026 was kr32,300 Mil. Therefore, AAK AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.94%.
The historical rank and industry rank for AAK AB's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:AAKs'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.35 Med: 8.05 Max: 11.93
Current: 11.64
During the past 13 years, AAK AB's highest Return-on-Tangible-Asset was 11.93%. The lowest was 6.35%. And the median was 8.05%.
CHIX:AAKs's Return-on-Tangible-Asset is ranked better than 85.17% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs CHIX:AAKs: 11.64
AAK AB (CHIX:AAKs) 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.
AAK AB Return-on-Tangible-Asset Related Terms
AAK AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for AAK AB'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.
CHIX:AAKS vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, AAK AB'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.
AAK AB Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, AAK AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where AAK AB'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.94% mean?
AAK AB (CHIX:AAKS) has a Return-on-Tangible-Asset of 9.94% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AAK AB and its competitors. This is 23% above median its historical median of 8.05. Over the past decade, AAK AB's Return-on-Tangible-Asset has ranged from 6.35 to 11.93. According to the industry distribution chart, AAK AB ranks #296 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 14.8%.
Is AAK AB's Return-on-Tangible-Asset too high?
AAK AB's current Return-on-Tangible-Asset of 9.94% is 23% above median its 10-year median of 8.05. Over the past 10 years, this metric has ranged from a low of 6.35 to a high of 11.93. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. AAK AB's value of 9.94% is 184% above this industry median. Based on the distribution chart, AAK AB ranks #296 out of 1996 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, AAK AB has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AAK AB's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, AAK AB ranks #296 out of 1996 companies for Return-on-Tangible-Asset. This places AAK AB in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.50. AAK AB's value of 9.94% is 184% above this benchmark. Historically, AAK AB's own Return-on-Tangible-Asset has ranged from 6.35 to 11.93 over the past decade. While the company's 10-year median is 8.05 vs. the industry median of 3.50, AAK AB 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.50, based on 1,996 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. AAK AB's current Return-on-Tangible-Asset of 9.94% is 184% 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 AAK AB and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AAK AB's current Return-on-Tangible-Asset is 9.94%, which is 23% above median its own 10-year median of 8.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AAK AB stock overvalued right now?
Based on GuruFocus' analysis, AAK AB (CHIX:AAKS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr257.56, compared to a current price of kr200.40 — trading 22.2% below its estimated fair value. The current Return-on-Tangible-Asset is 9.94%, which is 23% above median its 10-year median of 8.05 and 184% above the Consumer Packaged Goods industry median of 3.50. AAK AB's overall GF Score™ is 79/100 with 2 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 AAK AB (CHIX:AAKS), the current Return-on-Tangible-Asset is 9.94% as of Jun. 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 AAK AB (CHIX:AAKS) Overvalued in 2026?
Based on GuruFocus' analysis, AAK AB stock appears to be undervalued.
The current stock price of kr200.40 is trading 22.2% below its estimated GF Value™ of kr257.56.
GuruFocus considers AAK AB to be Modestly Undervalued.
Key valuation signals for CHIX:AAKS:
Return-on-Tangible-Asset: 9.94% (23% above median its 10-year median of 8.05)
GF Value™: kr257.56 vs. price of kr200.40 (22.2% below fair value)
Industry Position: 184% above the Consumer Packaged Goods median (#296 of 1996)
No single metric tells the full story. See the CHIX:AAKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed. The Food Ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. The Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. A majority of its revenue is generated from the Food Ingredients segment.
79GF Score
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