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Citizen Watch CoFRA:CTZ +2.56%66 Return-on-Tangible-Asset is 7.79% as of Mar. 2026, which is 47% above its 10-year median of 5.29. GuruFocus rates FRA:CTZ with a GF Score™ of 66/100 and a GF Value™ of €6.29 (Significantly Overvalued). Among 1,067 Manufacturing - Apparel & Accessories companies, Citizen Watch Co ranks better than 82.76% 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. Citizen Watch Co's annualizedNet Income for the quarter that ended in Mar. 2026 was €194 Mil. Citizen Watch Co's average total tangible assets for the quarter that ended in Mar. 2026 was €2,484 Mil. Therefore, Citizen Watch Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.79%.
The historical rank and industry rank for Citizen Watch Co's Return-on-Tangible-Asset or its related term are showing as below:
FRA:CTZ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.93 Med: 5.29 Max: 7.22
Current: 7.22
During the past 13 years, Citizen Watch Co's highest Return-on-Tangible-Asset was 7.22%. The lowest was -6.93%. And the median was 5.29%.
FRA:CTZ's Return-on-Tangible-Asset is ranked better than 82.76% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs FRA:CTZ: 7.22
Citizen Watch Co (FRA:CTZ) 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.
Citizen Watch Co Return-on-Tangible-Asset Related Terms
Citizen Watch Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Citizen Watch 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.
FRA:CTZ vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Citizen Watch 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.
Citizen Watch Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Citizen Watch Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Citizen Watch 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 7.79% mean?
Citizen Watch Co (FRA:CTZ) has a Return-on-Tangible-Asset of 7.79% 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 Citizen Watch Co and its competitors. This is 47% above median its historical median of 5.29. According to the industry distribution chart, Citizen Watch Co ranks #184 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.2%.
Is Citizen Watch Co's Return-on-Tangible-Asset too high?
Citizen Watch Co's current Return-on-Tangible-Asset of 7.79% is 47% above median its 10-year median of 5.29. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Citizen Watch Co's value of 7.79% is 291.5% above this industry median. Based on the distribution chart, Citizen Watch Co ranks #184 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Citizen Watch Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Watch Co's Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Citizen Watch Co ranks #184 out of 1067 companies for Return-on-Tangible-Asset. This places Citizen Watch Co in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Citizen Watch Co's value of 7.79% is 291.5% above this benchmark. While the company's 10-year median is 5.29 vs. the industry median of 1.99, Citizen Watch 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,067 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. Citizen Watch Co's current Return-on-Tangible-Asset of 7.79% is 291.5% 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 Citizen Watch Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citizen Watch Co's current Return-on-Tangible-Asset is 7.79%, which is 47% above median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Watch Co stock overvalued right now?
Based on GuruFocus' analysis, Citizen Watch Co (FRA:CTZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.29, compared to a current price of €12.00 — trading 90.8% above its estimated fair value. The current Return-on-Tangible-Asset is 7.79%, which is 47% above median its 10-year median of 5.29 and 291.5% above the Manufacturing - Apparel & Accessories industry median of 1.99. Citizen Watch Co's overall GF Score™ is 66/100. 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 Citizen Watch Co (FRA:CTZ), the current Return-on-Tangible-Asset is 7.79% 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 Citizen Watch Co (FRA:CTZ) Overvalued in 2026?
Based on GuruFocus' analysis, Citizen Watch Co stock appears to be overvalued.
The current stock price of €12.00 is trading 90.8% above its estimated GF Value™ of €6.29.
GuruFocus considers Citizen Watch Co to be Significantly Overvalued.
Key valuation signals for FRA:CTZ:
Return-on-Tangible-Asset: 7.79% (47% above median its 10-year median of 5.29)
GF Value™: €6.29 vs. price of €12.00 (90.8% above fair value)
Industry Position: 291.5% above the Manufacturing - Apparel & Accessories median (#184 of 1067)
No single metric tells the full story. See the FRA:CTZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.
66GF Score
Get the complete analysis for FRA:CTZ
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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