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Orion BreweriesTSE:409A -0.96%13 Return-on-Tangible-Asset is 9.82% as of Sep. 2025, which is 12% below its 10-year median of 11.13. GuruFocus rates TSE:409A with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 212 Beverages - Alcoholic companies, Orion Breweries ranks better than 74.06% 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. Orion Breweries's annualizedNet Income for the quarter that ended in Sep. 2025 was 円4,224 Mil. Orion Breweries's average total tangible assets for the quarter that ended in Sep. 2025 was 円43,026 Mil. Therefore, Orion Breweries's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was 9.82%.
The historical rank and industry rank for Orion Breweries's Return-on-Tangible-Asset or its related term are showing as below:
TSE:409A'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.82 Med: 11.13 Max: 13.38
Current: 7.82
During the past 2 years, Orion Breweries's highest Return-on-Tangible-Asset was 13.38%. The lowest was 7.82%. And the median was 11.13%.
TSE:409A's Return-on-Tangible-Asset is ranked better than 74.06% of 212
companies
in the Beverages - Alcoholic industry
Industry Median: 3.1
vs TSE:409A: 7.82
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.
Orion Breweries Return-on-Tangible-Asset Related Terms
Orion Breweries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Orion Breweries'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.
Orion Breweries Return-on-Tangible-Asset Chart
Orion Breweries Annual Data
Trend
Mar24
Mar25
Return-on-Tangible-Asset
13.38
8.88
Orion Breweries Quarterly Data
Mar24
Mar25
Jun25
Sep25
Dec25
Return-on-Tangible-Asset
0.00
0.00
12.81
9.82
8.86
TSE:409A vs STZ, TAP: Return-on-Tangible-Asset Comparison
For the Beverages - Brewers subindustry, Orion Breweries'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.
Orion Breweries Return-on-Tangible-Asset vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Orion Breweries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Orion Breweries'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 (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of 9.82% mean?
Orion Breweries (TSE:409A) has a Return-on-Tangible-Asset of 9.82% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Orion Breweries and its competitors. This is 12% below median its historical median of 11.13. Over the past decade, Orion Breweries' Return-on-Tangible-Asset has ranged from 7.82 to 13.38. According to the industry distribution chart, Orion Breweries ranks #55 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 25.9%.
Is Orion Breweries' Return-on-Tangible-Asset too high?
Orion Breweries' current Return-on-Tangible-Asset of 9.82% is 12% below median its 10-year median of 11.13. Over the past 10 years, this metric has ranged from a low of 7.82 to a high of 13.38. The Beverages - Alcoholic industry median Return-on-Tangible-Asset is 3.10. Orion Breweries' value of 9.82% is 216.8% above this industry median. Based on the distribution chart, Orion Breweries ranks #55 out of 212 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Orion Breweries has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Orion Breweries' Return-on-Tangible-Asset compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Orion Breweries ranks #55 out of 212 companies for Return-on-Tangible-Asset. This puts Orion Breweries in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.10. Orion Breweries' value of 9.82% is 216.8% above this benchmark. Historically, Orion Breweries' own Return-on-Tangible-Asset has ranged from 7.82 to 13.38 over the past decade. While the company's 10-year median is 11.13 vs. the industry median of 3.10, Orion Breweries 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 Beverages - Alcoholic company?
The median Return-on-Tangible-Asset among Beverages - Alcoholic companies is 3.10, based on 212 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. Orion Breweries's current Return-on-Tangible-Asset of 9.82% is 216.8% 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 Orion Breweries and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Asset is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orion Breweries's current Return-on-Tangible-Asset is 9.82%, which is 12% below median its own 10-year median of 11.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orion Breweries stock overvalued right now?
Orion Breweries (TSE:409A) has a current Return-on-Tangible-Asset of 9.82%. The current Return-on-Tangible-Asset is 9.82%, which is 12% below median its 10-year median of 11.13 and 216.8% above the Beverages - Alcoholic industry median of 3.10. Orion Breweries' overall GF Score™ is 13/100 with 1 warning sign 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 Orion Breweries (TSE:409A), the current Return-on-Tangible-Asset is 9.82% as of Sep. 2025. 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.
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