Ezaki Glico Co (TSE:2206) Return-on-Tangible-Asset: 0.00% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2206 Ezaki Glico Co Ltd TSE:2206
71 GF Score
Price 円5,162.00
GF Value 円4,286.99
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Ezaki Glico Co Return-on-Tangible-Asset?

Ezaki Glico Co TSE:2206 -0.12% 71 Return-on-Tangible-Asset is 0.00% as of Jun. 2026. GuruFocus rates TSE:2206 with a GF Score™ of 71/100 and a GF Value™ of 円4,286.99 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, Ezaki Glico Co ranks worse than 62.49% 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. Ezaki Glico Co's annualized Net Income for the quarter that ended in Jun. 2026 was 円0 Mil. Ezaki Glico Co's average total tangible assets for the quarter that ended in Jun. 2026 was 円361,818 Mil. Therefore, Ezaki Glico Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 0.00%.

The historical rank and industry rank for Ezaki Glico Co's Return-on-Tangible-Asset or its related term are showing as below:

TSE:2206' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.41   Med: 3.75   Max: 6.16
Current: 1.73

During the past 13 years, Ezaki Glico Co's highest Return-on-Tangible-Asset was 6.16%. The lowest was 1.41%. And the median was 3.75%.

TSE:2206's Return-on-Tangible-Asset is ranked worse than
62.49% of 1994 companies
in the Consumer Packaged Goods industry
Industry Median: 3.52 vs TSE:2206: 1.73

Ezaki Glico Co  (TSE:2206) 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 company’s 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 company’s 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.


Ezaki Glico Co Return-on-Tangible-Asset Related Terms


Ezaki Glico Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Ezaki Glico 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.

Ezaki Glico Co Return-on-Tangible-Asset Chart

Ezaki Glico Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.03 2.35 3.95 2.27 1.41

Ezaki Glico Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 4.10 -2.49 3.93 0.00

TSE:2206 vs KHC, GIS: Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, Ezaki Glico 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.


Ezaki Glico Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ezaki Glico Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Ezaki Glico Co's Return-on-Tangible-Asset falls into.


TSE:2206
71GF Score
Ezaki Glico Co Ltd TSE:2206
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ezaki Glico Co Return-on-Tangible-Asset Calculation

Ezaki Glico Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5036/( (347218+368747)/ 2 )
=5036/357982.5
=1.41 %

Ezaki Glico Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=0/( (359781+363855)/ 2 )
=0/361818
=0.00 %

* 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 (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Ezaki Glico Co (TSE:2206) has a Return-on-Tangible-Asset of 0.00% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ezaki Glico Co and its competitors. Over the past decade, Ezaki Glico Co's Return-on-Tangible-Asset has ranged from 1.41 to 6.16. According to the industry distribution chart, Ezaki Glico Co ranks #1246 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 62.5%.
Is Ezaki Glico Co's Return-on-Tangible-Asset too high?
Ezaki Glico Co's current Return-on-Tangible-Asset is 0.00%. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 6.16. Based on the distribution chart, Ezaki Glico Co ranks #1246 out of 1994 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ezaki Glico Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ezaki Glico Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ezaki Glico Co ranks #1246 out of 1994 companies for Return-on-Tangible-Asset. This places Ezaki Glico Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.52. Historically, Ezaki Glico Co's own Return-on-Tangible-Asset has ranged from 1.41 to 6.16 over the past decade. 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 3.52, based on 1,994 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. 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 Ezaki Glico Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ezaki Glico Co's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ezaki Glico Co stock overvalued right now?
Based on GuruFocus' analysis, Ezaki Glico Co (TSE:2206) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,286.99, compared to a current price of 円5,162.00 — trading 20.4% above its estimated fair value. The current Return-on-Tangible-Asset is 0.00%. Ezaki Glico Co's overall GF Score™ is 71/100 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 Ezaki Glico Co (TSE:2206), the current Return-on-Tangible-Asset is 0.00% as of Jun. 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 Ezaki Glico Co (TSE:2206) Overvalued in 2026?

Based on GuruFocus' analysis, Ezaki Glico Co stock appears to be overvalued. The current stock price of 円5,162.00 is trading 20.4% above its estimated GF Value™ of 円4,286.99. GuruFocus considers Ezaki Glico Co to be Modestly Overvalued.

Key valuation signals for TSE:2206:

  • Return-on-Tangible-Asset: 0.00%
  • GF Value™: 円4,286.99 vs. price of 円5,162.00 (20.4% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the TSE:2206 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ezaki Glico Co Business Description

Other Exchanges 5EJ:Germany
Address 4-6-5 Utashima, Nishiyodogawa-ku, Osaka, JPN, 555-8502
Ezaki Glico Co Ltd is a Japanese food company. The reportable segments of the company are Health and Food Business includes the production and sales of health-related products, retort-packed food and others; Dairy Food Business includes the production and sales of dairy products, western-style fresh confectioneries, ice cream and others; Nutritional Confectionery Business includes the production and sales of chocolate, cookies and others; Food Ingredients Business: includes the production and sales of wheat protein, starch, food colouring and others; Other Domestic Business includes directly managed stores business, Office Glico business and others and Overseas Business includes the production and sales of chocolate, cookies and others overseas.
71GF Score

Get the complete analysis for TSE:2206

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円5,162.00
Price
円4,286.99
GF Value