Milbon CoMIOFF 71 Return-on-Tangible-Asset is 12.52% as of Dec. 2025, which is 17% above its 10-year median of 10.68. GuruFocus rates MIOFF with a GF Score™ of 71/100 and a GF Value™ of $68.26. The stock has 4 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, Milbon Co ranks better than 70.56% 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. Milbon Co's annualizedNet Income for the quarter that ended in Dec. 2025 was $45.1 Mil. Milbon Co's average total tangible assets for the quarter that ended in Dec. 2025 was $360.0 Mil. Therefore, Milbon Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 12.52%.
The historical rank and industry rank for Milbon Co's Return-on-Tangible-Asset or its related term are showing as below:
MIOFF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.06 Med: 10.68 Max: 11.93
Current: 7.33
During the past 13 years, Milbon Co's highest Return-on-Tangible-Asset was 11.93%. The lowest was 6.06%. And the median was 10.68%.
MIOFF's Return-on-Tangible-Asset is ranked better than 70.56% of 1987
companies
in the Consumer Packaged Goods industry
Industry Median: 3.38
vs MIOFF: 7.33
Milbon Co (OTCPK:MIOFF) 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.
Milbon Co Return-on-Tangible-Asset Related Terms
Milbon Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Milbon 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.
MIOFF vs PG, CL, KVUE: Return-on-Tangible-Asset Comparison
For the Household & Personal Products subindustry, Milbon 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.
Milbon Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Milbon Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Milbon 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 12.52% mean?
Milbon Co (MIOFF) has a Return-on-Tangible-Asset of 12.52% 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 Milbon Co and its competitors. This is 17% above median its historical median of 10.68. Over the past decade, Milbon Co's Return-on-Tangible-Asset has ranged from 6.06 to 11.93. According to the industry distribution chart, Milbon Co ranks #585 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 29.4%.
Is Milbon Co's Return-on-Tangible-Asset too high?
Milbon Co's current Return-on-Tangible-Asset of 12.52% is 17% above median its 10-year median of 10.68. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 11.93. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.38. Milbon Co's value of 12.52% is 270.4% above this industry median. Based on the distribution chart, Milbon Co ranks #585 out of 1987 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Milbon Co has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Milbon Co's Return-on-Tangible-Asset compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Milbon Co ranks #585 out of 1987 companies for Return-on-Tangible-Asset. This puts Milbon Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.38. Milbon Co's value of 12.52% is 270.4% above this benchmark. Historically, Milbon Co's own Return-on-Tangible-Asset has ranged from 6.06 to 11.93 over the past decade. While the company's 10-year median is 10.68 vs. the industry median of 3.38, Milbon 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 3.38, based on 1,987 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. Milbon Co's current Return-on-Tangible-Asset of 12.52% is 270.4% 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 Milbon Co 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. Milbon Co's current Return-on-Tangible-Asset is 12.52%, which is 17% above median its own 10-year median of 10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milbon Co stock overvalued right now?
Milbon Co (MIOFF) has a current Return-on-Tangible-Asset of 12.52%. The stock's GF Value™ is $68.26, compared to a current price of $52.60 — trading 22.9% below its estimated fair value. The current Return-on-Tangible-Asset is 12.52%, which is 17% above median its 10-year median of 10.68 and 270.4% above the Consumer Packaged Goods industry median of 3.38. Milbon Co's overall GF Score™ is 71/100 with 4 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 Milbon Co (MIOFF), the current Return-on-Tangible-Asset is 12.52% 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 Milbon Co (MIOFF) Overvalued in 2026?
Based on GuruFocus' analysis, Milbon Co stock appears to be undervalued.
The current stock price of $52.60 is trading 22.9% below its estimated GF Value™ of $68.26.
Key valuation signals for MIOFF:
Return-on-Tangible-Asset: 12.52% (17% above median its 10-year median of 10.68)
GF Value™: $68.26 vs. price of $52.60 (22.9% below fair value)
Industry Position: 270.4% above the Consumer Packaged Goods median (#585 of 1987)
No single metric tells the full story. See the MIOFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Milbon Co Ltd is a Japan-based company that is principally engaged in producing and selling hair care products. Its products consist of hair-coloring products, hair-styling products, shampoos, conditioners, permanent-wave products, scalp lotion, hair treatments, tools for permanent waves, and other. Hair-care products and hair-coloring products jointly contribute the majority of the company's total revenue. The company operates through a global network, including Japan, Mainland China, Korea, Hong Kong, Taiwan, Thailand, Vietnam, Philippines, Malaysia, Indonesia, Turkey, and the United States.
71GF Score
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