DanoneGPDNF -2.46%70 Return-on-Tangible-Asset is 7.30% as of Dec. 2025, which is 23% below its 10-year median of 9.42. GuruFocus rates GPDNF with a GF Score™ of 70/100 and a GF Value™ of $72.17 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,988 Consumer Packaged Goods companies, Danone ranks better than 76.31% 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. Danone's annualizedNet Income for the quarter that ended in Dec. 2025 was $1,838 Mil. Danone's average total tangible assets for the quarter that ended in Dec. 2025 was $25,196 Mil. Therefore, Danone's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 7.30%.
The historical rank and industry rank for Danone's Return-on-Tangible-Asset or its related term are showing as below:
GPDNF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.15 Med: 9.42 Max: 12.03
Current: 8.47
During the past 13 years, Danone's highest Return-on-Tangible-Asset was 12.03%. The lowest was 4.15%. And the median was 9.42%.
GPDNF's Return-on-Tangible-Asset is ranked better than 76.31% of 1988
companies
in the Consumer Packaged Goods industry
Industry Median: 3.38
vs GPDNF: 8.47
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.
Danone Return-on-Tangible-Asset Related Terms
Danone Return-on-Tangible-Asset Historical Data
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The historical data trend for Danone'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.
GPDNF vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Danone'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.
Danone Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Danone's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Danone'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 7.30% mean?
Danone (GPDNF) has a Return-on-Tangible-Asset of 7.30% 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 Danone and its competitors. This is 23% below median its historical median of 9.42. Over the past decade, Danone's Return-on-Tangible-Asset has ranged from 4.15 to 12.03. According to the industry distribution chart, Danone ranks #471 out of 1988 companies in the Consumer Packaged Goods industry, placing it in the top 23.7%.
Is Danone's Return-on-Tangible-Asset too high?
Danone's current Return-on-Tangible-Asset of 7.30% is 23% below median its 10-year median of 9.42. Over the past 10 years, this metric has ranged from a low of 4.15 to a high of 12.03. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.38. Danone's value of 7.30% is 116% above this industry median. Based on the distribution chart, Danone ranks #471 out of 1988 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Danone has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danone's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Danone ranks #471 out of 1988 companies for Return-on-Tangible-Asset. This places Danone in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.38. Danone's value of 7.30% is 116% above this benchmark. Historically, Danone's own Return-on-Tangible-Asset has ranged from 4.15 to 12.03 over the past decade. While the company's 10-year median is 9.42 vs. the industry median of 3.38, Danone 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 3.38, based on 1,988 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. Danone's current Return-on-Tangible-Asset of 7.30% is 116% 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 Danone and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Danone's current Return-on-Tangible-Asset is 7.30%, which is 23% below median its own 10-year median of 9.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danone stock overvalued right now?
Based on GuruFocus' analysis, Danone (GPDNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $72.17, compared to a current price of $82.72 — trading 14.6% above its estimated fair value. The current Return-on-Tangible-Asset is 7.30%, which is 23% below median its 10-year median of 9.42 and 116% above the Consumer Packaged Goods industry median of 3.38. Danone's overall GF Score™ is 70/100 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 Danone (GPDNF), the current Return-on-Tangible-Asset is 7.30% 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 Danone (GPDNF) Overvalued in 2026?
Based on GuruFocus' analysis, Danone stock appears to be overvalued.
The current stock price of $82.72 is trading 14.6% above its estimated GF Value™ of $72.17.
GuruFocus considers Danone to be Modestly Overvalued.
Key valuation signals for GPDNF:
Return-on-Tangible-Asset: 7.30% (23% below median its 10-year median of 9.42)
GF Value™: $72.17 vs. price of $82.72 (14.6% above fair value)
Industry Position: 116% above the Consumer Packaged Goods median (#471 of 1988)
No single metric tells the full story. See the GPDNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Danone is a global food and beverage industry leader with more than EUR 27 billion annual revenue. Its operations are organized into three broad segments: essential dairy and plant-based products, representing just over half of group revenue; specialized nutrition; and bottled water. The firm's portfolio includes well-known brands such as Danone/Dannon dairy products, Alpro plant-based dairy, Aptamil infant milk formula, Evian and Volvic bottled water, and leading medical nutrition brands.
70GF Score
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