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Hayashikanengyo CoTSE:2286 +1.28%47 Return-on-Tangible-Asset is -0.98% as of Mar. 2026. GuruFocus rates TSE:2286 with a GF Score™ of 47/100 and a GF Value™ of 円586.84 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,994 Consumer Packaged Goods companies, Hayashikanengyo Co ranks better than 54.91% 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. Hayashikanengyo Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円-288 Mil. Hayashikanengyo Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円29,508 Mil. Therefore, Hayashikanengyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.98%.
The historical rank and industry rank for Hayashikanengyo Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2286'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.25 Med: 2.9 Max: 4.65
Current: 4.46
During the past 13 years, Hayashikanengyo Co's highest Return-on-Tangible-Asset was 4.65%. The lowest was 1.25%. And the median was 2.90%.
TSE:2286's Return-on-Tangible-Asset is ranked better than 54.91% of 1994
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs TSE:2286: 4.46
Hayashikanengyo Co (TSE:2286) 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.
Hayashikanengyo Co Return-on-Tangible-Asset Related Terms
Hayashikanengyo Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hayashikanengyo 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.
TSE:2286 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Hayashikanengyo 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.
Hayashikanengyo Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hayashikanengyo Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hayashikanengyo 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 -0.98% mean?
Hayashikanengyo Co (TSE:2286) has a Return-on-Tangible-Asset of -0.98% 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 Hayashikanengyo Co and its competitors. Over the past decade, Hayashikanengyo Co's Return-on-Tangible-Asset has ranged from 1.25 to 4.65. According to the industry distribution chart, Hayashikanengyo Co ranks #899 out of 1994 companies in the Consumer Packaged Goods industry, placing it in the top 45.1%.
Is Hayashikanengyo Co's Return-on-Tangible-Asset too high?
Hayashikanengyo Co's current Return-on-Tangible-Asset is -0.98%. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 4.65. Based on the distribution chart, Hayashikanengyo Co ranks #899 out of 1994 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hayashikanengyo Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hayashikanengyo Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hayashikanengyo Co ranks #899 out of 1994 companies for Return-on-Tangible-Asset. This puts Hayashikanengyo Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.52. Historically, Hayashikanengyo Co's own Return-on-Tangible-Asset has ranged from 1.25 to 4.65 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 Hayashikanengyo 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. Hayashikanengyo Co's current Return-on-Tangible-Asset is -0.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hayashikanengyo Co stock overvalued right now?
Based on GuruFocus' analysis, Hayashikanengyo Co (TSE:2286) is currently considered Significantly Overvalued. The stock's GF Value™ is 円586.84, compared to a current price of 円871.00 — trading 48.4% above its estimated fair value. The current Return-on-Tangible-Asset is -0.98%. Hayashikanengyo Co's overall GF Score™ is 47/100 with 4 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 Hayashikanengyo Co (TSE:2286), the current Return-on-Tangible-Asset is -0.98% 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 Hayashikanengyo Co (TSE:2286) Overvalued in 2026?
Based on GuruFocus' analysis, Hayashikanengyo Co stock appears to be overvalued.
The current stock price of 円871.00 is trading 48.4% above its estimated GF Value™ of 円586.84.
GuruFocus considers Hayashikanengyo Co to be Significantly Overvalued.
Key valuation signals for TSE:2286:
Return-on-Tangible-Asset: -0.98%
GF Value™: 円586.84 vs. price of 円871.00 (48.4% above fair value)
No single metric tells the full story. See the TSE:2286 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hayashikane Sangyo Co Ltd is engaged in the manufacturing of fish hams and sausages. Its other business activities of include processing and sale of foodstuffs; manufacture and sales of fertilizer, feed, fat and oil; manufacture and sale of export and domestic food canning and bottling; manufacture and sale of food additives; production, breeding and sales of agriculture, livestock, fishery products and medical treatment of animals.
47GF Score
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