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Ichimasa Kamaboko CoTSE:2904 +0.13%63 Return-on-Tangible-Asset is 0.83% as of Mar. 2026, which is 66% below its 10-year median of 2.44. GuruFocus rates TSE:2904 with a GF Score™ of 63/100 and a GF Value™ of 円781.87 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,999 Consumer Packaged Goods companies, Ichimasa Kamaboko Co ranks worse than 66.68% 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. Ichimasa Kamaboko Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円270 Mil. Ichimasa Kamaboko Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円32,595 Mil. Therefore, Ichimasa Kamaboko Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.83%.
The historical rank and industry rank for Ichimasa Kamaboko Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:2904'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.31 Med: 2.44 Max: 12.41
Current: 1.04
During the past 13 years, Ichimasa Kamaboko Co's highest Return-on-Tangible-Asset was 12.41%. The lowest was 0.31%. And the median was 2.44%.
TSE:2904's Return-on-Tangible-Asset is ranked worse than 66.68% of 1999
companies
in the Consumer Packaged Goods industry
Industry Median: 3.54
vs TSE:2904: 1.04
Ichimasa Kamaboko Co (TSE:2904) 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.
Ichimasa Kamaboko Co Return-on-Tangible-Asset Related Terms
Ichimasa Kamaboko Co Return-on-Tangible-Asset Historical Data
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The historical data trend for Ichimasa Kamaboko 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.
Ichimasa Kamaboko Co Return-on-Tangible-Asset Chart
TSE:2904 vs KHC, GIS: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Ichimasa Kamaboko 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.
Ichimasa Kamaboko Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ichimasa Kamaboko Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ichimasa Kamaboko 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 0.83% mean?
Ichimasa Kamaboko Co (TSE:2904) has a Return-on-Tangible-Asset of 0.83% 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 Ichimasa Kamaboko Co and its competitors. This is 66% below median its historical median of 2.44. Over the past decade, Ichimasa Kamaboko Co's Return-on-Tangible-Asset has ranged from 0.31 to 12.41. According to the industry distribution chart, Ichimasa Kamaboko Co ranks #1333 out of 1999 companies in the Consumer Packaged Goods industry, placing it in the top 66.7%.
Is Ichimasa Kamaboko Co's Return-on-Tangible-Asset too high?
Ichimasa Kamaboko Co's current Return-on-Tangible-Asset of 0.83% is 66% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 12.41. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.54. Ichimasa Kamaboko Co's value of 0.83% is 76.6% below this industry median. Based on the distribution chart, Ichimasa Kamaboko Co ranks #1333 out of 1999 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ichimasa Kamaboko Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ichimasa Kamaboko Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ichimasa Kamaboko Co ranks #1333 out of 1999 companies for Return-on-Tangible-Asset. This places Ichimasa Kamaboko Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.54. Ichimasa Kamaboko Co's value of 0.83% is 76.6% below this benchmark. Historically, Ichimasa Kamaboko Co's own Return-on-Tangible-Asset has ranged from 0.31 to 12.41 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 3.54, Ichimasa Kamaboko 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 3.54, based on 1,999 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. Ichimasa Kamaboko Co's current Return-on-Tangible-Asset of 0.83% is 76.6% 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 Ichimasa Kamaboko Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ichimasa Kamaboko Co's current Return-on-Tangible-Asset is 0.83%, which is 66% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ichimasa Kamaboko Co stock overvalued right now?
Based on GuruFocus' analysis, Ichimasa Kamaboko Co (TSE:2904) is currently considered Fairly Valued. The stock's GF Value™ is 円781.87, compared to a current price of 円752.00 — trading 3.8% below its estimated fair value. The current Return-on-Tangible-Asset is 0.83%, which is 66% below median its 10-year median of 2.44 and 76.6% below the Consumer Packaged Goods industry median of 3.54. Ichimasa Kamaboko Co's overall GF Score™ is 63/100 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 Ichimasa Kamaboko Co (TSE:2904), the current Return-on-Tangible-Asset is 0.83% 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 Ichimasa Kamaboko Co (TSE:2904) Overvalued in 2026?
Based on GuruFocus' analysis, Ichimasa Kamaboko Co stock appears to be undervalued.
The current stock price of 円752.00 is trading 3.8% below its estimated GF Value™ of 円781.87.
GuruFocus considers Ichimasa Kamaboko Co to be Fairly Valued.
Key valuation signals for TSE:2904:
Return-on-Tangible-Asset: 0.83% (66% below median its 10-year median of 2.44)
GF Value™: 円781.87 vs. price of 円752.00 (3.8% below fair value)
Industry Position: 76.6% below the Consumer Packaged Goods median (#1333 of 1999)
No single metric tells the full story. See the TSE:2904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ichimasa Kamaboko Co Ltd is a Japan-based food manufacturing company. It produces and sells fish paste and fish related products. It offers processed egg products. It is also developing technology for frozen fish paste.
63GF Score
Get the complete analysis for TSE:2904
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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