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Marutai CoFSE:2919 70 Return-on-Tangible-Asset is 3.85% as of Mar. 2026, which is 1% above its 10-year median of 3.81. GuruFocus rates FSE:2919 with a GF Score™ of 70/100 and a GF Value™ of 円4,116.82 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Marutai Co ranks worse than 52.15% 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. Marutai Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円510 Mil. Marutai Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円13,253 Mil. Therefore, Marutai Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.85%.
The historical rank and industry rank for Marutai Co's Return-on-Tangible-Asset or its related term are showing as below:
FSE:2919'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.76 Med: 3.81 Max: 6.09
Current: 3.19
During the past 13 years, Marutai Co's highest Return-on-Tangible-Asset was 6.09%. The lowest was 1.76%. And the median was 3.81%.
FSE:2919's Return-on-Tangible-Asset is ranked worse than 52.15% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs FSE:2919: 3.19
Marutai Co (FSE:2919) 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.
Marutai Co Return-on-Tangible-Asset Related Terms
Marutai Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Marutai 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.
FSE:2919 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Marutai 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.
Marutai Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Marutai Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Marutai 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 3.85% mean?
Marutai Co (FSE:2919) has a Return-on-Tangible-Asset of 3.85% 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 Marutai Co and its competitors. This is near median its historical median of 3.81. Over the past decade, Marutai Co's Return-on-Tangible-Asset has ranged from 1.76 to 6.09. According to the industry distribution chart, Marutai Co ranks #1041 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 52.2%.
Is Marutai Co's Return-on-Tangible-Asset too high?
Marutai Co's current Return-on-Tangible-Asset of 3.85% is near median its 10-year median of 3.81. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 6.09. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Marutai Co's value of 3.85% is 10% above this industry median. Based on the distribution chart, Marutai Co ranks #1041 out of 1996 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Marutai Co has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marutai Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Marutai Co ranks #1041 out of 1996 companies for Return-on-Tangible-Asset. This places Marutai Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Marutai Co's value of 3.85% is 10% above this benchmark. Historically, Marutai Co's own Return-on-Tangible-Asset has ranged from 1.76 to 6.09 over the past decade. While the company's 10-year median is 3.81 vs. the industry median of 3.50, Marutai 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 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. Marutai Co's current Return-on-Tangible-Asset of 3.85% is 10% 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 Marutai Co 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. Marutai Co's current Return-on-Tangible-Asset is 3.85%, which is near median its own 10-year median of 3.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marutai Co stock overvalued right now?
Based on GuruFocus' analysis, Marutai Co (FSE:2919) is currently considered Fairly Valued. The stock's GF Value™ is 円4,116.82, compared to a current price of 円4,210.00 — trading 2.3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.85%, which is near median its 10-year median of 3.81 and 10% above the Consumer Packaged Goods industry median of 3.50. Marutai Co's overall GF Score™ is 70/100 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 Marutai Co (FSE:2919), the current Return-on-Tangible-Asset is 3.85% 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 Marutai Co (FSE:2919) Overvalued in 2026?
Based on GuruFocus' analysis, Marutai Co stock appears to be overvalued.
The current stock price of 円4,210.00 is trading 2.3% above its estimated GF Value™ of 円4,116.82.
GuruFocus considers Marutai Co to be Fairly Valued.
Key valuation signals for FSE:2919:
Return-on-Tangible-Asset: 3.85% (near median its 10-year median of 3.81)
GF Value™: 円4,116.82 vs. price of 円4,210.00 (2.3% above fair value)
Industry Position: 10% above the Consumer Packaged Goods median (#1041 of 1996)
No single metric tells the full story. See the FSE:2919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marutai Co Ltd is a Japanese firm engaged in the production of seasonings and confectionery. It manufactures and sells noodles. Its products include ramen bars, non-fried noodles, noodle bars, stick noodles, deep-fried yakisoba, tilde, cupcake, noodle dishes, and cups.
70GF Score
Get the complete analysis for FSE:2919
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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