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CVS Bay AreaTSE:2687 +0.60%44 Return-on-Tangible-Asset is -19.70% as of Feb. 2026. GuruFocus rates TSE:2687 with a GF Score™ of 44/100 and a GF Value™ of 円609.58 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 314 Retail - Defensive companies, CVS Bay Area ranks worse than 91.08% 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. CVS Bay Area's annualizedNet Income for the quarter that ended in Feb. 2026 was 円-2,147 Mil. CVS Bay Area's average total tangible assets for the quarter that ended in Feb. 2026 was 円10,899 Mil. Therefore, CVS Bay Area's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was -19.70%.
The historical rank and industry rank for CVS Bay Area's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2687'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.68 Med: -1.15 Max: 29.81
Current: -10.35
During the past 13 years, CVS Bay Area's highest Return-on-Tangible-Asset was 29.81%. The lowest was -10.68%. And the median was -1.15%.
TSE:2687's Return-on-Tangible-Asset is ranked worse than 91.08% of 314
companies
in the Retail - Defensive industry
Industry Median: 3.855
vs TSE:2687: -10.35
CVS Bay Area (TSE:2687) 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.
CVS Bay Area Return-on-Tangible-Asset Related Terms
CVS Bay Area Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for CVS Bay Area'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:2687 vs KR: Return-on-Tangible-Asset Comparison
For the Grocery Stores subindustry, CVS Bay Area'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.
CVS Bay Area Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CVS Bay Area's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CVS Bay Area'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 two times the semi-annual (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of -19.70% mean?
CVS Bay Area (TSE:2687) has a Return-on-Tangible-Asset of -19.70% 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 CVS Bay Area and its competitors. According to the industry distribution chart, CVS Bay Area ranks #286 out of 314 companies in the Retail - Defensive industry, placing it in the top 91.1%.
Is CVS Bay Area's Return-on-Tangible-Asset too high?
CVS Bay Area's current Return-on-Tangible-Asset is -19.70%. Based on the distribution chart, CVS Bay Area ranks #286 out of 314 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, CVS Bay Area has a GF Score™ of 44/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CVS Bay Area's Return-on-Tangible-Asset compare to KR?
According to the Retail - Defensive industry distribution chart, CVS Bay Area ranks #286 out of 314 companies for Return-on-Tangible-Asset. This places CVS Bay Area in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.86. 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.86, based on 314 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 CVS Bay Area and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVS Bay Area's current Return-on-Tangible-Asset is -19.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVS Bay Area stock overvalued right now?
Based on GuruFocus' analysis, CVS Bay Area (TSE:2687) is currently considered Modestly Undervalued. The stock's GF Value™ is 円609.58, compared to a current price of 円503.00 — trading 17.5% below its estimated fair value. The current Return-on-Tangible-Asset is -19.70%. CVS Bay Area's overall GF Score™ is 44/100 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 CVS Bay Area (TSE:2687), the current Return-on-Tangible-Asset is -19.70% 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 CVS Bay Area (TSE:2687) Overvalued in 2026?
Based on GuruFocus' analysis, CVS Bay Area stock appears to be undervalued.
The current stock price of 円503.00 is trading 17.5% below its estimated GF Value™ of 円609.58.
GuruFocus considers CVS Bay Area to be Modestly Undervalued.
Key valuation signals for TSE:2687:
Return-on-Tangible-Asset: -19.70%
GF Value™: 円609.58 vs. price of 円503.00 (17.5% below fair value)
No single metric tells the full story. See the TSE:2687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CVS Bay Area Inc engaged in operating convenience store named Lawson and business hotel named Bay Hotel. The company is also engaged in mansion front business at condominiums and reception and office butler service for enterprise, and cleaning business.
44GF Score
Get the complete analysis for TSE:2687
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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