CarrefourCHIX:CAP 72 Return-on-Tangible-Asset is 3.20% as of Dec. 2025, which is 78% above its 10-year median of 1.80. GuruFocus rates CHIX:CAP with a GF Score™ of 72/100 and a GF Value™ of €14.65 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 312 Retail - Defensive companies, Carrefour ranks worse than 74.36% 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. Carrefour's annualizedNet Income for the quarter that ended in Dec. 2025 was €1,440 Mil. Carrefour's average total tangible assets for the quarter that ended in Dec. 2025 was €45,008 Mil. Therefore, Carrefour's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.20%.
The historical rank and industry rank for Carrefour's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:CAp'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.47 Med: 1.8 Max: 3.59
Current: 0.7
During the past 13 years, Carrefour's highest Return-on-Tangible-Asset was 3.59%. The lowest was -1.47%. And the median was 1.80%.
CHIX:CAp's Return-on-Tangible-Asset is ranked worse than 74.36% of 312
companies
in the Retail - Defensive industry
Industry Median: 3.88
vs CHIX:CAp: 0.70
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.
Carrefour Return-on-Tangible-Asset Related Terms
Carrefour Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Carrefour'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:CAP vs KR, SFM, ACI: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, Carrefour'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.
Carrefour Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Carrefour's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Carrefour'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.20% mean?
Carrefour (CHIX:CAP) has a Return-on-Tangible-Asset of 3.20% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Carrefour and its competitors. This is 78% above median its historical median of 1.80. According to the industry distribution chart, Carrefour ranks #232 out of 312 companies in the Retail - Defensive industry, placing it in the top 74.4%.
Is Carrefour's Return-on-Tangible-Asset too high?
Carrefour's current Return-on-Tangible-Asset of 3.20% is 78% above median its 10-year median of 1.80. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.88. Carrefour's value of 3.20% is 17.5% below this industry median. Based on the distribution chart, Carrefour ranks #232 out of 312 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Carrefour has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carrefour's Return-on-Tangible-Asset compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #232 out of 312 companies for Return-on-Tangible-Asset. This places Carrefour in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.88. Carrefour's value of 3.20% is 17.5% below this benchmark. While the company's 10-year median is 1.80 vs. the industry median of 3.88, Carrefour has consistently been below 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.88, based on 312 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. Carrefour's current Return-on-Tangible-Asset of 3.20% is 17.5% below 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 Carrefour and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current Return-on-Tangible-Asset is 3.20%, which is 78% above median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Based on GuruFocus' analysis, Carrefour (CHIX:CAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €14.65, compared to a current price of €16.42 — trading 12.1% above its estimated fair value. The current Return-on-Tangible-Asset is 3.20%, which is 78% above median its 10-year median of 1.80 and 17.5% below the Retail - Defensive industry median of 3.88. Carrefour's overall GF Score™ is 72/100 with 12 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 Carrefour (CHIX:CAP), the current Return-on-Tangible-Asset is 3.20% 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 Carrefour (CHIX:CAP) Overvalued in 2026?
Based on GuruFocus' analysis, Carrefour stock appears to be overvalued.
The current stock price of €16.42 is trading 12.1% above its estimated GF Value™ of €14.65.
GuruFocus considers Carrefour to be Modestly Overvalued.
Key valuation signals for CHIX:CAP:
Return-on-Tangible-Asset: 3.20% (78% above median its 10-year median of 1.80)
GF Value™: €14.65 vs. price of €16.42 (12.1% above fair value)
Industry Position: 17.5% below the Retail - Defensive median (#232 of 312)
No single metric tells the full story. See the CHIX:CAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
72GF Score
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