Daio PaperFRA:DPR -0.42%68 Return-on-Tangible-Asset is 0.03% as of Mar. 2026, which is 97% below its 10-year median of 0.91. GuruFocus rates FRA:DPR with a GF Score™ of 68/100 and a GF Value™ of €4.98 (Fairly Valued). The stock has 5 warning signs investors should review. Among 287 Forest Products companies, Daio Paper ranks better than 51.22% 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. Daio Paper's annualizedNet Income for the quarter that ended in Mar. 2026 was €1 Mil. Daio Paper's average total tangible assets for the quarter that ended in Mar. 2026 was €4,346 Mil. Therefore, Daio Paper's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.03%.
The historical rank and industry rank for Daio Paper's Return-on-Tangible-Asset or its related term are showing as below:
FRA:DPR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.34 Med: 0.91 Max: 3.11
Current: 1.11
During the past 13 years, Daio Paper's highest Return-on-Tangible-Asset was 3.11%. The lowest was -4.34%. And the median was 0.91%.
FRA:DPR's Return-on-Tangible-Asset is ranked better than 51.22% of 287
companies
in the Forest Products industry
Industry Median: 0.98
vs FRA:DPR: 1.11
Daio Paper (FRA:DPR) 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.
Daio Paper Return-on-Tangible-Asset Related Terms
Daio Paper Return-on-Tangible-Asset Historical Data
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The historical data trend for Daio Paper'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.
Daio Paper Return-on-Tangible-Asset Competitor Comparison
For the Paper & Paper Products subindustry, Daio Paper'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.
Daio Paper Return-on-Tangible-Asset vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Daio Paper's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Daio Paper'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 0.03% mean?
Daio Paper (FRA:DPR) has a Return-on-Tangible-Asset of 0.03% 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 Daio Paper and its competitors. This is 97% below median its historical median of 0.91. According to the industry distribution chart, Daio Paper ranks #140 out of 287 companies in the Forest Products industry, placing it in the top 48.8%.
Is Daio Paper's Return-on-Tangible-Asset too high?
Daio Paper's current Return-on-Tangible-Asset of 0.03% is 97% below median its 10-year median of 0.91. The Forest Products industry median Return-on-Tangible-Asset is 0.98. Daio Paper's value of 0.03% is 96.9% below this industry median. Based on the distribution chart, Daio Paper ranks #140 out of 287 companies in the Forest Products industry, which is above the industry midpoint. Overall, Daio Paper has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daio Paper's Return-on-Tangible-Asset compare to competitors?
According to the Forest Products industry distribution chart, Daio Paper ranks #140 out of 287 companies for Return-on-Tangible-Asset. This puts Daio Paper in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.98. Daio Paper's value of 0.03% is 96.9% below this benchmark. While the company's 10-year median is 0.91 vs. the industry median of 0.98, Daio Paper 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 Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 0.98, based on 287 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. Daio Paper's current Return-on-Tangible-Asset of 0.03% is 96.9% 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 Daio Paper and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daio Paper's current Return-on-Tangible-Asset is 0.03%, which is 97% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daio Paper stock overvalued right now?
Based on GuruFocus' analysis, Daio Paper (FRA:DPR) is currently considered Fairly Valued. The stock's GF Value™ is €4.98, compared to a current price of €4.78 — trading 4% below its estimated fair value. The current Return-on-Tangible-Asset is 0.03%, which is 97% below median its 10-year median of 0.91 and 96.9% below the Forest Products industry median of 0.98. Daio Paper's overall GF Score™ is 68/100 with 5 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 Daio Paper (FRA:DPR), the current Return-on-Tangible-Asset is 0.03% 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 Daio Paper (FRA:DPR) Overvalued in 2026?
Based on GuruFocus' analysis, Daio Paper stock appears to be undervalued.
The current stock price of €4.78 is trading 4% below its estimated GF Value™ of €4.98.
GuruFocus considers Daio Paper to be Fairly Valued.
Key valuation signals for FRA:DPR:
Return-on-Tangible-Asset: 0.03% (97% below median its 10-year median of 0.91)
GF Value™: €4.98 vs. price of €4.78 (4% below fair value)
Industry Position: 96.9% below the Forest Products median (#140 of 287)
No single metric tells the full story. See the FRA:DPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.
68GF Score
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