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.
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.
Megmilk Snow Brand CoTSE:2270 -0.42%64 Return-on-Tangible-Asset is 10.19% as of Mar. 2026, which is 182% above its 10-year median of 3.61. GuruFocus rates TSE:2270 with a GF Score™ of 64/100 and a GF Value™ of 円2,922.97 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,996 Consumer Packaged Goods companies, Megmilk Snow Brand Co ranks better than 73.15% 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. Megmilk Snow Brand Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円43,020 Mil. Megmilk Snow Brand Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円422,087 Mil. Therefore, Megmilk Snow Brand Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.19%.
The historical rank and industry rank for Megmilk Snow Brand Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2270'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.27 Med: 3.61 Max: 7.85
Current: 7.85
During the past 13 years, Megmilk Snow Brand Co's highest Return-on-Tangible-Asset was 7.85%. The lowest was 2.27%. And the median was 3.61%.
TSE:2270's Return-on-Tangible-Asset is ranked better than 73.15% of 1996
companies
in the Consumer Packaged Goods industry
Industry Median: 3.5
vs TSE:2270: 7.85
Megmilk Snow Brand Co (TSE:2270) 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.
Megmilk Snow Brand Co Return-on-Tangible-Asset Related Terms
Megmilk Snow Brand Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Megmilk Snow Brand 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.
Megmilk Snow Brand Co Return-on-Tangible-Asset Chart
TSE:2270 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Megmilk Snow Brand 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.
Megmilk Snow Brand Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Megmilk Snow Brand Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Megmilk Snow Brand 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 10.19% mean?
Megmilk Snow Brand Co (TSE:2270) has a Return-on-Tangible-Asset of 10.19% 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 Megmilk Snow Brand Co and its competitors. This is 182% above median its historical median of 3.61. Over the past decade, Megmilk Snow Brand Co's Return-on-Tangible-Asset has ranged from 2.27 to 7.85. According to the industry distribution chart, Megmilk Snow Brand Co ranks #536 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 26.9%.
Is Megmilk Snow Brand Co's Return-on-Tangible-Asset too high?
Megmilk Snow Brand Co's current Return-on-Tangible-Asset of 10.19% is 182% above median its 10-year median of 3.61. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 7.85. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Megmilk Snow Brand Co's value of 10.19% is 191.1% above this industry median. Based on the distribution chart, Megmilk Snow Brand Co ranks #536 out of 1996 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Megmilk Snow Brand Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Megmilk Snow Brand Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Megmilk Snow Brand Co ranks #536 out of 1996 companies for Return-on-Tangible-Asset. This puts Megmilk Snow Brand Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Megmilk Snow Brand Co's value of 10.19% is 191.1% above this benchmark. Historically, Megmilk Snow Brand Co's own Return-on-Tangible-Asset has ranged from 2.27 to 7.85 over the past decade. While the company's 10-year median is 3.61 vs. the industry median of 3.50, Megmilk Snow Brand 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. Megmilk Snow Brand Co's current Return-on-Tangible-Asset of 10.19% is 191.1% 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 Megmilk Snow Brand 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. Megmilk Snow Brand Co's current Return-on-Tangible-Asset is 10.19%, which is 182% above median its own 10-year median of 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megmilk Snow Brand Co stock overvalued right now?
Based on GuruFocus' analysis, Megmilk Snow Brand Co (TSE:2270) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,922.97, compared to a current price of 円3,570.00 — trading 22.1% above its estimated fair value. The current Return-on-Tangible-Asset is 10.19%, which is 182% above median its 10-year median of 3.61 and 191.1% above the Consumer Packaged Goods industry median of 3.50. Megmilk Snow Brand Co's overall GF Score™ is 64/100 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 Megmilk Snow Brand Co (TSE:2270), the current Return-on-Tangible-Asset is 10.19% 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 Megmilk Snow Brand Co (TSE:2270) Overvalued in 2026?
Based on GuruFocus' analysis, Megmilk Snow Brand Co stock appears to be overvalued.
The current stock price of 円3,570.00 is trading 22.1% above its estimated GF Value™ of 円2,922.97.
GuruFocus considers Megmilk Snow Brand Co to be Modestly Overvalued.
Key valuation signals for TSE:2270:
Return-on-Tangible-Asset: 10.19% (182% above median its 10-year median of 3.61)
GF Value™: 円2,922.97 vs. price of 円3,570.00 (22.1% above fair value)
Industry Position: 191.1% above the Consumer Packaged Goods median (#536 of 1996)
No single metric tells the full story. See the TSE:2270 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Megmilk Snow Brand Co Ltd is involved in manufacturing and selling cow's milk, milk products and other foods. The company has Dairy products, Beverages and Desserts, Feedstuffs and Seed products and International business domains. Its products include producing and selling of butter, margarine, processed cheese, natural cheese and condensed and skim milk, yogurts etc. The firm also operates in nutrition business, dairy products business and functional ingredients business.
64GF Score
Get the complete analysis for TSE:2270
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:2270 has been successfully added to your 
