Kanemi Co (TSE:2669) Return-on-Tangible-Asset: 6.56% (As of Feb. 2026) — 44% Above Median

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:2669 Kanemi Co Ltd TSE:2669
71 GF Score
Price 円4,005.00
GF Value 円3,280.71
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Kanemi Co Return-on-Tangible-Asset?

Kanemi Co TSE:2669 +0.63% 71 Return-on-Tangible-Asset is 6.56% as of Feb. 2026, which is 44% above its 10-year median of 4.54. GuruFocus rates TSE:2669 with a GF Score™ of 71/100 and a GF Value™ of 円3,280.71 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,989 Consumer Packaged Goods companies, Kanemi Co ranks better than 56.51% 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. Kanemi Co's annualized Net Income for the quarter that ended in Feb. 2026 was 円2,497 Mil. Kanemi Co's average total tangible assets for the quarter that ended in Feb. 2026 was 円38,055 Mil. Therefore, Kanemi Co's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 6.56%.

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

TSE:2669' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.69   Med: 4.54   Max: 5.37
Current: 4.77

During the past 13 years, Kanemi Co's highest Return-on-Tangible-Asset was 5.37%. The lowest was -2.69%. And the median was 4.54%.

TSE:2669's Return-on-Tangible-Asset is ranked better than
56.51% of 1989 companies
in the Consumer Packaged Goods industry
Industry Median: 3.52 vs TSE:2669: 4.77

Kanemi Co  (TSE:2669) 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.


Kanemi Co Return-on-Tangible-Asset Related Terms


Kanemi Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Kanemi 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.

Kanemi Co Return-on-Tangible-Asset Chart

Kanemi Co Annual Data
Trend Mar16 Mar17 Mar18 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 5.31 5.37 5.32 4.78

Kanemi Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.77 5.48 5.23 6.56 4.18

TSE:2669 vs KHC, GIS: Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, Kanemi 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.


Kanemi Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

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

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


TSE:2669
71GF Score
Kanemi Co Ltd TSE:2669
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanemi Co Return-on-Tangible-Asset Calculation

Kanemi Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=1807.608/( (37350.966+38250.649)/ 2 )
=1807.608/37800.8075
=4.78 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=2496.8/( (37858.694+38250.649)/ 2 )
=2496.8/38054.6715
=6.56 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 6.56% mean?
Kanemi Co (TSE:2669) has a Return-on-Tangible-Asset of 6.56% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kanemi Co and its competitors. This is 44% above median its historical median of 4.54. According to the industry distribution chart, Kanemi Co ranks #865 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 43.5%.
Is Kanemi Co's Return-on-Tangible-Asset too high?
Kanemi Co's current Return-on-Tangible-Asset of 6.56% is 44% above median its 10-year median of 4.54. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. Kanemi Co's value of 6.56% is 86.4% above this industry median. Based on the distribution chart, Kanemi Co ranks #865 out of 1989 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Kanemi 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 Kanemi Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Kanemi Co ranks #865 out of 1989 companies for Return-on-Tangible-Asset. This puts Kanemi Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.52. Kanemi Co's value of 6.56% is 86.4% above this benchmark. While the company's 10-year median is 4.54 vs. the industry median of 3.52, Kanemi 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 3.52, based on 1,989 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. Kanemi Co's current Return-on-Tangible-Asset of 6.56% is 86.4% 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 Kanemi 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. Kanemi Co's current Return-on-Tangible-Asset is 6.56%, which is 44% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanemi Co stock overvalued right now?
Based on GuruFocus' analysis, Kanemi Co (TSE:2669) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,280.71, compared to a current price of 円4,005.00 — trading 22.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.56%, which is 44% above median its 10-year median of 4.54 and 86.4% above the Consumer Packaged Goods industry median of 3.52. Kanemi Co's overall GF Score™ is 71/100 with 6 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 Kanemi Co (TSE:2669), the current Return-on-Tangible-Asset is 6.56% as of Feb. 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 Kanemi Co (TSE:2669) Overvalued in 2026?

Based on GuruFocus' analysis, Kanemi Co stock appears to be overvalued. The current stock price of 円4,005.00 is trading 22.1% above its estimated GF Value™ of 円3,280.71. GuruFocus considers Kanemi Co to be Modestly Overvalued.

Key valuation signals for TSE:2669:

  • Return-on-Tangible-Asset: 6.56% (44% above median its 10-year median of 4.54)
  • GF Value™: 円3,280.71 vs. price of 円4,005.00 (22.1% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 86.4% above the Consumer Packaged Goods median (#865 of 1989)

No single metric tells the full story. See the TSE:2669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanemi Co Business Description

Address 107 Tokushige 3-chome, Midori-ku, Nagoya, JPN, 458-0815
Kanemi Co Ltd is a Japanese based company. It is engaged in the production and retails of lunch boxes, daily dishes, and sushi dishes. It operates in two business segments including tenant business; and external sales business. Tenant business develops prepared dishes in various styles sold at supermarkets, department stores, station buildings, and station Naka. External sales business manufactures and ships lunch boxes, rice balls, and pasta for convenience stores. The company wholesales its products to supermarkets. Kanemi also provides management services for franchisees.
71GF Score

Get the complete analysis for TSE:2669

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

円4,005.00
Price
円3,280.71
GF Value