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Asahi Printing CoTSE:3951 +1.24%72 Return-on-Tangible-Asset is 3.80% as of Mar. 2026, which is 45% above its 10-year median of 2.62. GuruFocus rates TSE:3951 with a GF Score™ of 72/100 and a GF Value™ of 円989.06 (Fairly Valued). The stock has 2 warning signs investors should review. Among 408 Packaging & Containers companies, Asahi Printing Co ranks worse than 53.43% 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. Asahi Printing Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円2,536 Mil. Asahi Printing Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円66,715 Mil. Therefore, Asahi Printing Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.80%.
The historical rank and industry rank for Asahi Printing Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:3951'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.34 Med: 2.62 Max: 3.75
Current: 2.62
During the past 13 years, Asahi Printing Co's highest Return-on-Tangible-Asset was 3.75%. The lowest was 2.34%. And the median was 2.62%.
TSE:3951's Return-on-Tangible-Asset is ranked worse than 53.43% of 408
companies
in the Packaging & Containers industry
Industry Median: 3.02
vs TSE:3951: 2.62
Asahi Printing Co (TSE:3951) 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.
Asahi Printing Co Return-on-Tangible-Asset Related Terms
Asahi Printing Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Asahi Printing 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:3951 vs SW, PKG, IP: Return-on-Tangible-Asset Comparison
For the Packaging & Containers subindustry, Asahi Printing 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.
Asahi Printing Co Return-on-Tangible-Asset vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Asahi Printing 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 3.80% mean?
Asahi Printing Co (TSE:3951) has a Return-on-Tangible-Asset of 3.80% 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 Asahi Printing Co and its competitors. This is 45% above median its historical median of 2.62. Over the past decade, Asahi Printing Co's Return-on-Tangible-Asset has ranged from 2.34 to 3.75. According to the industry distribution chart, Asahi Printing Co ranks #218 out of 408 companies in the Packaging & Containers industry, placing it in the top 53.4%.
Is Asahi Printing Co's Return-on-Tangible-Asset too high?
Asahi Printing Co's current Return-on-Tangible-Asset of 3.80% is 45% above median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 3.75. The Packaging & Containers industry median Return-on-Tangible-Asset is 3.02. Asahi Printing Co's value of 3.80% is 25.8% above this industry median. Based on the distribution chart, Asahi Printing Co ranks #218 out of 408 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Asahi Printing Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's Return-on-Tangible-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Asahi Printing Co ranks #218 out of 408 companies for Return-on-Tangible-Asset. This places Asahi Printing Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.02. Asahi Printing Co's value of 3.80% is 25.8% above this benchmark. Historically, Asahi Printing Co's own Return-on-Tangible-Asset has ranged from 2.34 to 3.75 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 3.02, Asahi Printing 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 Packaging & Containers company?
The median Return-on-Tangible-Asset among Packaging & Containers companies is 3.02, based on 408 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. Asahi Printing Co's current Return-on-Tangible-Asset of 3.80% is 25.8% 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 Asahi Printing Co and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Asset is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Printing Co's current Return-on-Tangible-Asset is 3.80%, which is 45% above median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Fairly Valued. The stock's GF Value™ is 円989.06, compared to a current price of 円901.00 — trading 8.9% below its estimated fair value. The current Return-on-Tangible-Asset is 3.80%, which is 45% above median its 10-year median of 2.62 and 25.8% above the Packaging & Containers industry median of 3.02. Asahi Printing Co's overall GF Score™ is 72/100 with 2 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 Asahi Printing Co (TSE:3951), the current Return-on-Tangible-Asset is 3.80% 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued.
The current stock price of 円901.00 is trading 8.9% below its estimated GF Value™ of 円989.06.
GuruFocus considers Asahi Printing Co to be Fairly Valued.
Key valuation signals for TSE:3951:
Return-on-Tangible-Asset: 3.80% (45% above median its 10-year median of 2.62)
GF Value™: 円989.06 vs. price of 円901.00 (8.9% below fair value)
Industry Position: 25.8% above the Packaging & Containers median (#218 of 408)
No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
72GF Score
Get the complete analysis for TSE:3951
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