Delica Foods Holdings Co (TSE:3392) Return-on-Tangible-Asset: 4.64% (As of Mar. 2026) — 115% Above Median

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TSE:3392 Delica Foods Holdings Co Ltd TSE:3392
69 GF Score
Price 円840.00
GF Value 円712.38
Valuation Modestly Overvalued
View Full Analysis

What is Delica Foods Holdings Co Return-on-Tangible-Asset?

Delica Foods Holdings Co TSE:3392 +1.08% 69 Return-on-Tangible-Asset is 4.64% as of Mar. 2026, which is 115% above its 10-year median of 2.16. GuruFocus rates TSE:3392 with a GF Score™ of 69/100 and a GF Value™ of 円712.38 (Modestly Overvalued). Among 1,996 Consumer Packaged Goods companies, Delica Foods Holdings Co ranks better than 60.47% 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. Delica Foods Holdings Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円1,347 Mil. Delica Foods Holdings Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円29,035 Mil. Therefore, Delica Foods Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.64%.

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

TSE:3392' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.3   Med: 2.16   Max: 5.41
Current: 5.37

During the past 13 years, Delica Foods Holdings Co's highest Return-on-Tangible-Asset was 5.41%. The lowest was -4.30%. And the median was 2.16%.

TSE:3392's Return-on-Tangible-Asset is ranked better than
60.47% of 1996 companies
in the Consumer Packaged Goods industry
Industry Median: 3.5 vs TSE:3392: 5.37

Delica Foods Holdings Co  (TSE:3392) 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.


Delica Foods Holdings Co Return-on-Tangible-Asset Related Terms


Delica Foods Holdings Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Delica Foods Holdings 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.

Delica Foods Holdings Co Return-on-Tangible-Asset Chart

Delica Foods Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.29 2.95 3.78 1.96 5.41

Delica Foods Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 5.11 -0.47 4.49 6.10 4.64

TSE:3392 vs KHC, GIS: Return-on-Tangible-Asset Comparison

For the Packaged Foods subindustry, Delica Foods Holdings 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.


Delica Foods Holdings Co Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

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

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


TSE:3392
69GF Score
Delica Foods Holdings Co Ltd TSE:3392
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delica Foods Holdings Co Return-on-Tangible-Asset Calculation

Delica Foods Holdings Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1515.473/( (26576.603+29464.574)/ 2 )
=1515.473/28020.5885
=5.41 %

Delica Foods Holdings Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1346.826/( (28605.835+29464.574)/ 2 )
=1346.826/29035.2045
=4.64 %

* 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 4.64% mean?
Delica Foods Holdings Co (TSE:3392) has a Return-on-Tangible-Asset of 4.64% 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 Delica Foods Holdings Co and its competitors. This is 115% above median its historical median of 2.16. According to the industry distribution chart, Delica Foods Holdings Co ranks #789 out of 1996 companies in the Consumer Packaged Goods industry, placing it in the top 39.5%.
Is Delica Foods Holdings Co's Return-on-Tangible-Asset too high?
Delica Foods Holdings Co's current Return-on-Tangible-Asset of 4.64% is 115% above median its 10-year median of 2.16. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.50. Delica Foods Holdings Co's value of 4.64% is 32.6% above this industry median. Based on the distribution chart, Delica Foods Holdings Co ranks #789 out of 1996 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Delica Foods Holdings Co has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delica Foods Holdings Co's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Delica Foods Holdings Co ranks #789 out of 1996 companies for Return-on-Tangible-Asset. This puts Delica Foods Holdings Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.50. Delica Foods Holdings Co's value of 4.64% is 32.6% above this benchmark. While the company's 10-year median is 2.16 vs. the industry median of 3.50, Delica Foods Holdings 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 3.50, based on 1,996 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. Delica Foods Holdings Co's current Return-on-Tangible-Asset of 4.64% is 32.6% 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 Delica Foods Holdings Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delica Foods Holdings Co's current Return-on-Tangible-Asset is 4.64%, which is 115% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delica Foods Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Delica Foods Holdings Co (TSE:3392) is currently considered Modestly Overvalued. The stock's GF Value™ is 円712.38, compared to a current price of 円840.00 — trading 17.9% above its estimated fair value. The current Return-on-Tangible-Asset is 4.64%, which is 115% above median its 10-year median of 2.16 and 32.6% above the Consumer Packaged Goods industry median of 3.50. Delica Foods Holdings Co's overall GF Score™ is 69/100. 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 Delica Foods Holdings Co (TSE:3392), the current Return-on-Tangible-Asset is 4.64% 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 Delica Foods Holdings Co (TSE:3392) Overvalued in 2026?

Based on GuruFocus' analysis, Delica Foods Holdings Co stock appears to be overvalued. The current stock price of 円840.00 is trading 17.9% above its estimated GF Value™ of 円712.38. GuruFocus considers Delica Foods Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:3392:

  • Return-on-Tangible-Asset: 4.64% (115% above median its 10-year median of 2.16)
  • GF Value™: 円712.38 vs. price of 円840.00 (17.9% above fair value)
  • GF Score™: 69/100
  • Industry Position: 32.6% above the Consumer Packaged Goods median (#789 of 1996)

No single metric tells the full story. See the TSE:3392 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delica Foods Holdings Co Business Description

Address 12-12 Rokucho 4-chome, Adachi-ku, Tokyo, JPN
Delica Foods Holdings Co Ltd is mainly involved in the fruit and vegetable business, which involves the sale of whole vegetables to the restaurant industry, its activities in the ready-meal industry, and the manufacture and sale of cut vegetables and meal kits. In addition, the company is engaged in the logistics business, and research and development activities in the fruits and vegetables industry. The company along with its subsidiaries operates in the following reportable segments; Fruit and vegetable business which derives maximum revenue, Logistics business, Research and development and analysis business, and the Holding company.
69GF Score

Get the complete analysis for TSE:3392

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

円840.00
Price
円712.38
GF Value