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Ensuiko Sugar Refining CoTSE:2112 +1.30%64 Return-on-Tangible-Asset is 6.92% as of Mar. 2026, which is 110% above its 10-year median of 3.30. GuruFocus rates TSE:2112 with a GF Score™ of 64/100 and a GF Value™ of 円327.53 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,997 Consumer Packaged Goods companies, Ensuiko Sugar Refining Co ranks better than 78.07% 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. Ensuiko Sugar Refining Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,180 Mil. Ensuiko Sugar Refining Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円31,515 Mil. Therefore, Ensuiko Sugar Refining Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.92%.
The historical rank and industry rank for Ensuiko Sugar Refining Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2112'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.92 Med: 3.3 Max: 9.16
Current: 9.16
During the past 13 years, Ensuiko Sugar Refining Co's highest Return-on-Tangible-Asset was 9.16%. The lowest was 1.92%. And the median was 3.30%.
TSE:2112's Return-on-Tangible-Asset is ranked better than 78.07% of 1997
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs TSE:2112: 9.16
Ensuiko Sugar Refining Co (TSE:2112) 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.
Ensuiko Sugar Refining Co Return-on-Tangible-Asset Related Terms
Ensuiko Sugar Refining Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Ensuiko Sugar Refining 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.
Ensuiko Sugar Refining Co Return-on-Tangible-Asset Chart
TSE:2112 vs MDLZ, HSY, TR: Return-on-Tangible-Asset Comparison
For the Confectioners subindustry, Ensuiko Sugar Refining 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.
Ensuiko Sugar Refining Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ensuiko Sugar Refining Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ensuiko Sugar Refining 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 6.92% mean?
Ensuiko Sugar Refining Co (TSE:2112) has a Return-on-Tangible-Asset of 6.92% 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 Ensuiko Sugar Refining Co and its competitors. This is 110% above median its historical median of 3.30. Over the past decade, Ensuiko Sugar Refining Co's Return-on-Tangible-Asset has ranged from 1.92 to 9.16. According to the industry distribution chart, Ensuiko Sugar Refining Co ranks #438 out of 1997 companies in the Consumer Packaged Goods industry, placing it in the top 21.9%.
Is Ensuiko Sugar Refining Co's Return-on-Tangible-Asset too high?
Ensuiko Sugar Refining Co's current Return-on-Tangible-Asset of 6.92% is 110% above median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 9.16. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Ensuiko Sugar Refining Co's value of 6.92% is 97.7% above this industry median. Based on the distribution chart, Ensuiko Sugar Refining Co ranks #438 out of 1997 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ensuiko Sugar Refining Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensuiko Sugar Refining Co's Return-on-Tangible-Asset compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Ensuiko Sugar Refining Co ranks #438 out of 1997 companies for Return-on-Tangible-Asset. This places Ensuiko Sugar Refining Co in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.50. Ensuiko Sugar Refining Co's value of 6.92% is 97.7% above this benchmark. Historically, Ensuiko Sugar Refining Co's own Return-on-Tangible-Asset has ranged from 1.92 to 9.16 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 3.50, Ensuiko Sugar Refining 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 1,997 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. Ensuiko Sugar Refining Co's current Return-on-Tangible-Asset of 6.92% is 97.7% 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 Ensuiko Sugar Refining 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. Ensuiko Sugar Refining Co's current Return-on-Tangible-Asset is 6.92%, which is 110% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensuiko Sugar Refining Co stock overvalued right now?
Based on GuruFocus' analysis, Ensuiko Sugar Refining Co (TSE:2112) is currently considered Significantly Overvalued. The stock's GF Value™ is 円327.53, compared to a current price of 円469.00 — trading 43.2% above its estimated fair value. The current Return-on-Tangible-Asset is 6.92%, which is 110% above median its 10-year median of 3.30 and 97.7% above the Consumer Packaged Goods industry median of 3.50. Ensuiko Sugar Refining Co's overall GF Score™ is 64/100 with 1 warning sign 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 Ensuiko Sugar Refining Co (TSE:2112), the current Return-on-Tangible-Asset is 6.92% 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 Ensuiko Sugar Refining Co (TSE:2112) Overvalued in 2026?
Based on GuruFocus' analysis, Ensuiko Sugar Refining Co stock appears to be overvalued.
The current stock price of 円469.00 is trading 43.2% above its estimated GF Value™ of 円327.53.
GuruFocus considers Ensuiko Sugar Refining Co to be Significantly Overvalued.
Key valuation signals for TSE:2112:
Return-on-Tangible-Asset: 6.92% (110% above median its 10-year median of 3.30)
GF Value™: 円327.53 vs. price of 円469.00 (43.2% above fair value)
Industry Position: 97.7% above the Consumer Packaged Goods median (#438 of 1997)
No single metric tells the full story. See the TSE:2112 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ensuiko Sugar Refining Co Ltd operates in the confectionery industry. The company is engaged in the manufacturing and distribution of sugar. It offers a wide range of products ranging from home use to business use, including white sugar, stick sugar for coffee and tea, and gum syrup.
64GF Score
Get the complete analysis for TSE:2112
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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