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Nippon Beet Sugar Manufacturing CoTSE:2108 +0.20%53 Return-on-Tangible-Asset is 17.14% as of Mar. 2026, which is 952% above its 10-year median of 1.63. GuruFocus rates TSE:2108 with a GF Score™ of 53/100 and a GF Value™ of 円2,624.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Nippon Beet Sugar Manufacturing Co ranks better than 58.57% on this metric.
The historical rank and industry rank for Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2108'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.24 Med: 1.63 Max: 5.14
Current: 5.05
During the past 13 years, Nippon Beet Sugar Manufacturing Co's highest Return-on-Tangible-Asset was 5.14%. The lowest was 1.24%. And the median was 1.63%.
TSE:2108's Return-on-Tangible-Asset is ranked better than 58.57% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs TSE:2108: 5.05
Nippon Beet Sugar Manufacturing Co (TSE:2108) 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.
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Asset Related Terms
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Asset Historical Data
* 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.
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Asset Chart
TSE:2108 vs MDLZ, HSY, TR: Return-on-Tangible-Asset Comparison
For the Confectioners subindustry, Nippon Beet Sugar Manufacturing 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.
Nippon Beet Sugar Manufacturing Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nippon Beet Sugar Manufacturing 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.14% mean?
Nippon Beet Sugar Manufacturing Co (TSE:2108) has a Return-on-Tangible-Asset of 17.14% 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 Nippon Beet Sugar Manufacturing Co and its competitors. This is 952% above median its historical median of 1.63. Over the past decade, Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Asset has ranged from 1.24 to 5.14. According to the industry distribution chart, Nippon Beet Sugar Manufacturing Co ranks #827 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 41.4%.
Is Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Asset too high?
Nippon Beet Sugar Manufacturing Co's current Return-on-Tangible-Asset of 17.14% is 952% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 5.14. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Nippon Beet Sugar Manufacturing Co's value of 17.14% is 389.7% above this industry median. Based on the distribution chart, Nippon Beet Sugar Manufacturing Co ranks #827 out of 1996 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Nippon Beet Sugar Manufacturing Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Beet Sugar Manufacturing Co's Return-on-Tangible-Asset compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Nippon Beet Sugar Manufacturing Co ranks #827 out of 1996 companies for Return-on-Tangible-Asset. This puts Nippon Beet Sugar Manufacturing Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Nippon Beet Sugar Manufacturing Co's value of 17.14% is 389.7% above this benchmark. Historically, Nippon Beet Sugar Manufacturing Co's own Return-on-Tangible-Asset has ranged from 1.24 to 5.14 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 3.50, Nippon Beet Sugar Manufacturing 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. Nippon Beet Sugar Manufacturing Co's current Return-on-Tangible-Asset of 17.14% is 389.7% 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 Nippon Beet Sugar Manufacturing 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. Nippon Beet Sugar Manufacturing Co's current Return-on-Tangible-Asset is 17.14%, which is 952% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Beet Sugar Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Beet Sugar Manufacturing Co (TSE:2108) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,624.09, compared to a current price of 円5,050.00 — trading 92.4% above its estimated fair value. The current Return-on-Tangible-Asset is 17.14%, which is 952% above median its 10-year median of 1.63 and 389.7% above the Consumer Packaged Goods industry median of 3.50. Nippon Beet Sugar Manufacturing Co's overall GF Score™ is 53/100 with 8 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 Nippon Beet Sugar Manufacturing Co (TSE:2108), the current Return-on-Tangible-Asset is 17.14% 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 Nippon Beet Sugar Manufacturing Co (TSE:2108) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Beet Sugar Manufacturing Co stock appears to be overvalued.
The current stock price of 円5,050.00 is trading 92.4% above its estimated GF Value™ of 円2,624.09.
GuruFocus considers Nippon Beet Sugar Manufacturing Co to be Significantly Overvalued.
Key valuation signals for TSE:2108:
Return-on-Tangible-Asset: 17.14% (952% above median its 10-year median of 1.63)
GF Value™: 円2,624.09 vs. price of 円5,050.00 (92.4% above fair value)
Industry Position: 389.7% above the Consumer Packaged Goods median (#827 of 1996)
No single metric tells the full story. See the TSE:2108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Beet Sugar Manufacturing Co Ltd is a Japan-based company that operates in the food business. The primary activity of the group includes the manufacture and sale of functional foods such as beet sugar, refined sugar, feed, paper cylinders, yeast, seeds, oligosaccharides, and the like, sales of agricultural equipment, and real estate leasing business. Geographically, the activities of the group functioned throughout the region of Japan.
53GF Score
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