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Choppies EnterprisesJSE:CHP +0.84%40 Return-on-Tangible-Asset is 5.33% as of Dec. 2025, which is 41% above its 10-year median of 3.78. GuruFocus rates JSE:CHP with a GF Score™ of 40/100 and a GF Value™ of R0.83 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 311 Retail - Defensive companies, Choppies Enterprises ranks worse than 57.23% 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. Choppies Enterprises's annualizedNet Income for the quarter that ended in Dec. 2025 was R186 Mil. Choppies Enterprises's average total tangible assets for the quarter that ended in Dec. 2025 was R3,486 Mil. Therefore, Choppies Enterprises's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.33%.
The historical rank and industry rank for Choppies Enterprises's Return-on-Tangible-Asset or its related term are showing as below:
JSE:CHP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.05 Med: 3.78 Max: 8.06
Current: 3.17
During the past 13 years, Choppies Enterprises's highest Return-on-Tangible-Asset was 8.06%. The lowest was -17.05%. And the median was 3.78%.
JSE:CHP's Return-on-Tangible-Asset is ranked worse than 57.23% of 311
companies
in the Retail - Defensive industry
Industry Median: 3.86
vs JSE:CHP: 3.17
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.
Choppies Enterprises Return-on-Tangible-Asset Related Terms
Choppies Enterprises Return-on-Tangible-Asset Historical Data
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The historical data trend for Choppies Enterprises'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.
JSE:CHP vs KR: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, Choppies Enterprises'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.
Choppies Enterprises Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Choppies Enterprises's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Choppies Enterprises'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 5.33% mean?
Choppies Enterprises (JSE:CHP) has a Return-on-Tangible-Asset of 5.33% 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 Choppies Enterprises and its competitors. This is 41% above median its historical median of 3.78. According to the industry distribution chart, Choppies Enterprises ranks #178 out of 311 companies in the Retail - Defensive industry, placing it in the top 57.2%.
Is Choppies Enterprises' Return-on-Tangible-Asset too high?
Choppies Enterprises' current Return-on-Tangible-Asset of 5.33% is 41% above median its 10-year median of 3.78. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.86. Choppies Enterprises' value of 5.33% is 38.1% above this industry median. Based on the distribution chart, Choppies Enterprises ranks #178 out of 311 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Choppies Enterprises has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choppies Enterprises' Return-on-Tangible-Asset compare to KR?
According to the Retail - Defensive industry distribution chart, Choppies Enterprises ranks #178 out of 311 companies for Return-on-Tangible-Asset. This places Choppies Enterprises in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.86. Choppies Enterprises' value of 5.33% is 38.1% above this benchmark. While the company's 10-year median is 3.78 vs. the industry median of 3.86, Choppies Enterprises 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.86, based on 311 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. Choppies Enterprises's current Return-on-Tangible-Asset of 5.33% is 38.1% 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 Choppies Enterprises and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choppies Enterprises's current Return-on-Tangible-Asset is 5.33%, which is 41% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choppies Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Choppies Enterprises (JSE:CHP) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.83, compared to a current price of R1.20 — trading 44.6% above its estimated fair value. The current Return-on-Tangible-Asset is 5.33%, which is 41% above median its 10-year median of 3.78 and 38.1% above the Retail - Defensive industry median of 3.86. Choppies Enterprises' overall GF Score™ is 40/100 with 3 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 Choppies Enterprises (JSE:CHP), the current Return-on-Tangible-Asset is 5.33% 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 Choppies Enterprises (JSE:CHP) Overvalued in 2026?
Based on GuruFocus' analysis, Choppies Enterprises stock appears to be overvalued.
The current stock price of R1.20 is trading 44.6% above its estimated GF Value™ of R0.83.
GuruFocus considers Choppies Enterprises to be Significantly Overvalued.
Key valuation signals for JSE:CHP:
Return-on-Tangible-Asset: 5.33% (41% above median its 10-year median of 3.78)
GF Value™: R0.83 vs. price of R1.20 (44.6% above fair value)
Industry Position: 38.1% above the Retail - Defensive median (#178 of 311)
No single metric tells the full story. See the JSE:CHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choppies Enterprises Ltd operates a supermarket chain in Botswana. The company's supermarkets offer international food brands, fast-moving consumer goods products, and Choppies private label products. Its product offerings include groceries, fresh fruit and vegetables, bakery goods, butchery items, takeaways, and value-added financial services. The company's segments include Botswana, Zambia, Zimbabwe, Kamoso Liquor, Rest of Kamoso, and Namibia, with the majority of its revenue derived from Botswana.
40GF Score
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