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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. Hagoromo Foods's annualizedNet Income for the quarter that ended in Mar. 2026 was 円-725 Mil. Hagoromo Foods's average total tangible assets for the quarter that ended in Mar. 2026 was 円78,905 Mil. Therefore, Hagoromo Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -0.92%.
The historical rank and industry rank for Hagoromo Foods's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2831'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.18 Med: 3.56 Max: 5.54
Current: 3.57
During the past 13 years, Hagoromo Foods's highest Return-on-Tangible-Asset was 5.54%. The lowest was -2.18%. And the median was 3.56%.
TSE:2831's Return-on-Tangible-Asset is ranked better than 50.38% of 1989
companies
in the Consumer Packaged Goods industry
Industry Median: 3.52
vs TSE:2831: 3.57
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.
Hagoromo Foods Return-on-Tangible-Asset Related Terms
Hagoromo Foods Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hagoromo Foods'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:2831 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Hagoromo Foods'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.
Hagoromo Foods Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hagoromo Foods's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hagoromo Foods'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 -0.92% mean?
Hagoromo Foods (TSE:2831) has a Return-on-Tangible-Asset of -0.92% 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 Hagoromo Foods and its competitors. According to the industry distribution chart, Hagoromo Foods ranks #987 out of 1989 companies in the Consumer Packaged Goods industry, placing it in the top 49.6%.
Is Hagoromo Foods' Return-on-Tangible-Asset too high?
Hagoromo Foods' current Return-on-Tangible-Asset is -0.92%. Based on the distribution chart, Hagoromo Foods ranks #987 out of 1989 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hagoromo Foods has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hagoromo Foods' Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Hagoromo Foods ranks #987 out of 1989 companies for Return-on-Tangible-Asset. This puts Hagoromo Foods in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.52. 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. 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 Hagoromo Foods 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. Hagoromo Foods's current Return-on-Tangible-Asset is -0.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagoromo Foods stock overvalued right now?
Based on GuruFocus' analysis, Hagoromo Foods (TSE:2831) is currently considered Fairly Valued. The stock's GF Value™ is 円3,318.63, compared to a current price of 円3,640.00 — trading 9.7% above its estimated fair value. The current Return-on-Tangible-Asset is -0.92%. Hagoromo Foods' overall GF Score™ is 64/100 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 Hagoromo Foods (TSE:2831), the current Return-on-Tangible-Asset is -0.92% 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 Hagoromo Foods (TSE:2831) Overvalued in 2026?
Based on GuruFocus' analysis, Hagoromo Foods stock appears to be overvalued.
The current stock price of 円3,640.00 is trading 9.7% above its estimated GF Value™ of 円3,318.63.
GuruFocus considers Hagoromo Foods to be Fairly Valued.
Key valuation signals for TSE:2831:
Return-on-Tangible-Asset: -0.92%
GF Value™: 円3,318.63 vs. price of 円3,640.00 (9.7% above fair value)
No single metric tells the full story. See the TSE:2831 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hagoromo Foods Corp manufactures and sells a wide range of canned products including pasta, shrimp, corn, pasta, shavings, laver, sprinkling, and packaged rice.
64GF Score
Get the complete analysis for TSE:2831
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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