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.
Pietro CoTSE:2818 +0.17%56 Return-on-Tangible-Asset is 0.17% as of Mar. 2026, which is 92% below its 10-year median of 2.17. GuruFocus rates TSE:2818 with a GF Score™ of 56/100 and a GF Value™ of 円1,972.46 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,989 Consumer Packaged Goods companies, Pietro Co ranks worse than 72.8% 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. Pietro Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円24 Mil. Pietro Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円14,056 Mil. Therefore, Pietro Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.17%.
The historical rank and industry rank for Pietro Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2818'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.49 Med: 2.17 Max: 5.24
Current: -0.26
During the past 13 years, Pietro Co's highest Return-on-Tangible-Asset was 5.24%. The lowest was -4.49%. And the median was 2.17%.
TSE:2818's Return-on-Tangible-Asset is ranked worse than 72.8% of 1989
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs TSE:2818: -0.26
Pietro Co (TSE:2818) 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.
Pietro Co Return-on-Tangible-Asset Related Terms
Pietro Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Pietro 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:2818 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Pietro 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.
Pietro Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Pietro Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Pietro 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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.17% mean?
Pietro Co (TSE:2818) has a Return-on-Tangible-Asset of 0.17% 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 Pietro Co and its competitors. This is 92% below median its historical median of 2.17. According to the industry distribution chart, Pietro Co ranks #1448 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 72.8%.
Is Pietro Co's Return-on-Tangible-Asset too high?
Pietro Co's current Return-on-Tangible-Asset of 0.17% is 92% below median its 10-year median of 2.17. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.52. Pietro Co's value of 0.17% is 95.2% below this industry median. Based on the distribution chart, Pietro Co ranks #1448 out of 1989 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Pietro Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pietro Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Pietro Co ranks #1448 out of 1989 companies for Return-on-Tangible-Asset. This places Pietro Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.52. Pietro Co's value of 0.17% is 95.2% below this benchmark. While the company's 10-year median is 2.17 vs. the industry median of 3.52, Pietro Co has consistently been below 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. Pietro Co's current Return-on-Tangible-Asset of 0.17% is 95.2% below 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 Pietro 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. Pietro Co's current Return-on-Tangible-Asset is 0.17%, which is 92% below median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pietro Co stock overvalued right now?
Based on GuruFocus' analysis, Pietro Co (TSE:2818) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,972.46, compared to a current price of 円1,762.00 — trading 10.7% below its estimated fair value. The current Return-on-Tangible-Asset is 0.17%, which is 92% below median its 10-year median of 2.17 and 95.2% below the Consumer Packaged Goods industry median of 3.52. Pietro Co's overall GF Score™ is 56/100 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 Pietro Co (TSE:2818), the current Return-on-Tangible-Asset is 0.17% 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 Pietro Co (TSE:2818) Overvalued in 2026?
Based on GuruFocus' analysis, Pietro Co stock appears to be undervalued.
The current stock price of 円1,762.00 is trading 10.7% below its estimated GF Value™ of 円1,972.46.
GuruFocus considers Pietro Co to be Modestly Undervalued.
Key valuation signals for TSE:2818:
Return-on-Tangible-Asset: 0.17% (92% below median its 10-year median of 2.17)
GF Value™: 円1,972.46 vs. price of 円1,762.00 (10.7% below fair value)
Industry Position: 95.2% below the Consumer Packaged Goods median (#1448 of 1989)
No single metric tells the full story. See the TSE:2818 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pietro Co Ltd is a Japan-based company mainly engaged in the food business. It operates in three divisions including Food business manufactures and sales dressings, sauces, restaurant business manages fast food restaurants with pasta dishes as the main items, and Other business is engaged in the leasing of the headquarters building. Products offered by the company include frozen goods, soup, pasta sauce, garlic oil, raw sauce, among others. It sells its food through restaurants spread throughout Japan.
56GF Score
Get the complete analysis for TSE:2818
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:2818 has been successfully added to your 
