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Cal-Maine FoodsSTU:CM2 -0.88%79 Return-on-Tangible-Asset is 6.65% as of Feb. 2026, which is 41% below its 10-year median of 11.35. GuruFocus rates STU:CM2 with a GF Score™ of 79/100 and a GF Value™ of €59.80 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,995 Consumer Packaged Goods companies, Cal-Maine Foods ranks better than 96.54% 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. Cal-Maine Foods's annualizedNet Income for the quarter that ended in Feb. 2026 was €171 Mil. Cal-Maine Foods's average total tangible assets for the quarter that ended in Feb. 2026 was €2,567 Mil. Therefore, Cal-Maine Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 6.65%.
The historical rank and industry rank for Cal-Maine Foods's Return-on-Tangible-Asset or its related term are showing as below:
STU:CM2'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.26 Med: 11.35 Max: 47.42
Current: 22.99
During the past 13 years, Cal-Maine Foods's highest Return-on-Tangible-Asset was 47.42%. The lowest was -7.26%. And the median was 11.35%.
STU:CM2's Return-on-Tangible-Asset is ranked better than 96.54% of 1995
companies
in the Consumer Packaged Goods industry
Industry Median: 3.41
vs STU:CM2: 22.99
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.
Cal-Maine Foods Return-on-Tangible-Asset Related Terms
Cal-Maine Foods Return-on-Tangible-Asset Historical Data
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The historical data trend for Cal-Maine Foods'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.
STU:CM2 vs FDP, AGRO, DOLE: Return-on-Tangible-Asset Comparison
For the Farm Products subindustry, Cal-Maine Foods'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.
Cal-Maine Foods Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Cal-Maine Foods's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cal-Maine Foods'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 (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 6.65% mean?
Cal-Maine Foods (STU:CM2) has a Return-on-Tangible-Asset of 6.65% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cal-Maine Foods and its competitors. This is 41% below median its historical median of 11.35. According to the industry distribution chart, Cal-Maine Foods ranks #69 out of 1995 companies in the Consumer Packaged Goods industry, placing it in the top 3.5%.
Is Cal-Maine Foods' Return-on-Tangible-Asset too high?
Cal-Maine Foods' current Return-on-Tangible-Asset of 6.65% is 41% below median its 10-year median of 11.35. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.41. Cal-Maine Foods' value of 6.65% is 95% above this industry median. Based on the distribution chart, Cal-Maine Foods ranks #69 out of 1995 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Cal-Maine Foods has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cal-Maine Foods' Return-on-Tangible-Asset compare to FDP and AGRO?
According to the Consumer Packaged Goods industry distribution chart, Cal-Maine Foods ranks #69 out of 1995 companies for Return-on-Tangible-Asset. This places Cal-Maine Foods in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.41. Cal-Maine Foods' value of 6.65% is 95% above this benchmark. While the company's 10-year median is 11.35 vs. the industry median of 3.41, Cal-Maine Foods 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 3.41, based on 1,995 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. Cal-Maine Foods's current Return-on-Tangible-Asset of 6.65% is 95% 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 Cal-Maine Foods and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cal-Maine Foods's current Return-on-Tangible-Asset is 6.65%, which is 41% below median its own 10-year median of 11.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cal-Maine Foods stock overvalued right now?
Based on GuruFocus' analysis, Cal-Maine Foods (STU:CM2) is currently considered Modestly Overvalued. The stock's GF Value™ is €59.80, compared to a current price of €76.82 — trading 28.5% above its estimated fair value. The current Return-on-Tangible-Asset is 6.65%, which is 41% below median its 10-year median of 11.35 and 95% above the Consumer Packaged Goods industry median of 3.41. Cal-Maine Foods' overall GF Score™ is 79/100 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 Cal-Maine Foods (STU:CM2), the current Return-on-Tangible-Asset is 6.65% as of Feb. 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 Cal-Maine Foods (STU:CM2) Overvalued in 2026?
Based on GuruFocus' analysis, Cal-Maine Foods stock appears to be overvalued.
The current stock price of €76.82 is trading 28.5% above its estimated GF Value™ of €59.80.
GuruFocus considers Cal-Maine Foods to be Modestly Overvalued.
Key valuation signals for STU:CM2:
Return-on-Tangible-Asset: 6.65% (41% below median its 10-year median of 11.35)
GF Value™: €59.80 vs. price of €76.82 (28.5% above fair value)
Industry Position: 95% above the Consumer Packaged Goods median (#69 of 1995)
No single metric tells the full story. See the STU:CM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cal-Maine Foods Inc produces and sells shell eggs. Its main market is the United States. The company's product portfolio contains nutritionally enhanced, cage-free, organic, and brown eggs. Cal-Maine Foods markets the shell eggs to a diverse group of customers, including grocery-store chains, club stores, and food service distributors. The company's brands are Egg-Land's, Land O' Lakes, Farmhouse, and 4-Grain. The Company has one reportable operating segment, which is the production, grading, packaging, marketing and distribution of shell eggs.
79GF Score
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