Gourmet Kineya Co (TSE:9850) Return-on-Tangible-Asset: 1.21% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9850 Gourmet Kineya Co Ltd TSE:9850
57 GF Score
Price 円966.00
GF Value 円1,259.45
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Gourmet Kineya Co Return-on-Tangible-Asset?

Gourmet Kineya Co TSE:9850 -0.51% 57 Return-on-Tangible-Asset is 1.21% as of Mar. 2026, which is 6% above its 10-year median of 1.14. GuruFocus rates TSE:9850 with a GF Score™ of 57/100 and a GF Value™ of 円1,259.45 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 365 Restaurants companies, Gourmet Kineya Co ranks worse than 63.29% 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. Gourmet Kineya Co's annualized Net Income for the quarter that ended in Mar. 2026 was 円380 Mil. Gourmet Kineya Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円31,482 Mil. Therefore, Gourmet Kineya Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.21%.

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

TSE:9850' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.18   Med: 1.14   Max: 2.89
Current: 0.72

During the past 13 years, Gourmet Kineya Co's highest Return-on-Tangible-Asset was 2.89%. The lowest was -14.18%. And the median was 1.14%.

TSE:9850's Return-on-Tangible-Asset is ranked worse than
63.29% of 365 companies
in the Restaurants industry
Industry Median: 2.41 vs TSE:9850: 0.72

Gourmet Kineya Co  (TSE:9850) 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.


Gourmet Kineya Co Return-on-Tangible-Asset Related Terms


Gourmet Kineya Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Gourmet Kineya 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.

Gourmet Kineya Co Return-on-Tangible-Asset Chart

Gourmet Kineya 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 1.36 -2.95 2.89 1.89 0.73

Gourmet Kineya 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 3.49 1.85 1.82 0.22 1.21

TSE:9850 vs MCD, SBUX, YUM: Return-on-Tangible-Asset Comparison

For the Restaurants subindustry, Gourmet Kineya 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.


Gourmet Kineya Co Return-on-Tangible-Asset vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Gourmet Kineya Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gourmet Kineya Co's Return-on-Tangible-Asset falls into.


TSE:9850
57GF Score
Gourmet Kineya Co Ltd TSE:9850
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gourmet Kineya Co Return-on-Tangible-Asset Calculation

Gourmet Kineya 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 )
=225.186/( (31191.546+30745.625)/ 2 )
=225.186/30968.5855
=0.73 %

Gourmet Kineya 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 )
=379.602/( (32217.993+30745.625)/ 2 )
=379.602/31481.809
=1.21 %

* 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 1.21% mean?
Gourmet Kineya Co (TSE:9850) has a Return-on-Tangible-Asset of 1.21% 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 Gourmet Kineya Co and its competitors. This is near median its historical median of 1.14. According to the industry distribution chart, Gourmet Kineya Co ranks #231 out of 365 companies in the Restaurants industry, placing it in the top 63.3%.
Is Gourmet Kineya Co's Return-on-Tangible-Asset too high?
Gourmet Kineya Co's current Return-on-Tangible-Asset of 1.21% is near median its 10-year median of 1.14. The Restaurants industry median Return-on-Tangible-Asset is 2.41. Gourmet Kineya Co's value of 1.21% is 49.8% below this industry median. Based on the distribution chart, Gourmet Kineya Co ranks #231 out of 365 companies in the Restaurants industry, which is below the industry midpoint. Overall, Gourmet Kineya Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gourmet Kineya Co's Return-on-Tangible-Asset compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Gourmet Kineya Co ranks #231 out of 365 companies for Return-on-Tangible-Asset. This places Gourmet Kineya Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Gourmet Kineya Co's value of 1.21% is 49.8% below this benchmark. While the company's 10-year median is 1.14 vs. the industry median of 2.41, Gourmet Kineya 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 Restaurants company?
The median Return-on-Tangible-Asset among Restaurants companies is 2.41, based on 365 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. Gourmet Kineya Co's current Return-on-Tangible-Asset of 1.21% is 49.8% 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 Gourmet Kineya Co and its competitors. For the Restaurants industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gourmet Kineya Co's current Return-on-Tangible-Asset is 1.21%, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gourmet Kineya Co stock overvalued right now?
Based on GuruFocus' analysis, Gourmet Kineya Co (TSE:9850) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,259.45, compared to a current price of 円966.00 — trading 23.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.21%, which is near median its 10-year median of 1.14 and 49.8% below the Restaurants industry median of 2.41. Gourmet Kineya Co's overall GF Score™ is 57/100 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 Gourmet Kineya Co (TSE:9850), the current Return-on-Tangible-Asset is 1.21% 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 Gourmet Kineya Co (TSE:9850) Overvalued in 2026?

Based on GuruFocus' analysis, Gourmet Kineya Co stock appears to be undervalued. The current stock price of 円966.00 is trading 23.3% below its estimated GF Value™ of 円1,259.45. GuruFocus considers Gourmet Kineya Co to be Modestly Undervalued.

Key valuation signals for TSE:9850:

  • Return-on-Tangible-Asset: 1.21% (near median its 10-year median of 1.14)
  • GF Value™: 円1,259.45 vs. price of 円966.00 (23.3% below fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 49.8% below the Restaurants median (#231 of 365)

No single metric tells the full story. See the TSE:9850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gourmet Kineya Co Business Description

Address 3-4-7 Kitakagaya, Suminoe-ku, Osaka, JPN
Gourmet Kineya Co Ltd engages in the management of restaurants. The firm operates a chain of stores serving udon, soba, sushi, and western-style cuisine and ethnic-themed restaurants. It is also engaged in offering in-flight catering and food services. In addition, the company is involved in the production, processing, and sale of frozen food; general property leasing services; railway and passenger transportation services; the sale of Japanese rice and seafood products; and customs clearance and bonded storage business.
57GF Score

Get the complete analysis for TSE:9850

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

円966.00
Price
円1,259.45
GF Value