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Katongyo CoTSE:9869 -3.48%86 Return-on-Tangible-Asset is 3.58% as of Mar. 2026, which is 49% above its 10-year median of 2.40. GuruFocus rates TSE:9869 with a GF Score™ of 86/100 and a GF Value™ of 円5,567.58 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 311 Retail - Defensive companies, Katongyo Co ranks worse than 56.59% 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. Katongyo Co's annualizedNet Income for the quarter that ended in Mar. 2026 was 円17,860 Mil. Katongyo Co's average total tangible assets for the quarter that ended in Mar. 2026 was 円499,401 Mil. Therefore, Katongyo Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.58%.
The historical rank and industry rank for Katongyo Co's Return-on-Tangible-Asset or its related term are showing as below:
TSE:9869'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.75 Med: 2.4 Max: 3.24
Current: 3.18
During the past 13 years, Katongyo Co's highest Return-on-Tangible-Asset was 3.24%. The lowest was 1.75%. And the median was 2.40%.
TSE:9869's Return-on-Tangible-Asset is ranked worse than 56.59% of 311
companies
in the Retail - Defensive industry
Industry Median: 3.85
vs TSE:9869: 3.18
Katongyo Co (TSE:9869) 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.
Katongyo Co Return-on-Tangible-Asset Related Terms
Katongyo Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Katongyo 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:9869 vs SYY, USFD, PFGC: Return-on-Tangible-Asset Comparison
For the Food Distribution subindustry, Katongyo 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.
Katongyo Co Return-on-Tangible-Asset vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Katongyo Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Katongyo 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 3.58% mean?
Katongyo Co (TSE:9869) has a Return-on-Tangible-Asset of 3.58% 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 Katongyo Co and its competitors. This is 49% above median its historical median of 2.40. Over the past decade, Katongyo Co's Return-on-Tangible-Asset has ranged from 1.75 to 3.24. According to the industry distribution chart, Katongyo Co ranks #176 out of 311 companies in the Retail - Defensive industry, placing it in the top 56.6%.
Is Katongyo Co's Return-on-Tangible-Asset too high?
Katongyo Co's current Return-on-Tangible-Asset of 3.58% is 49% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 3.24. The Retail - Defensive industry median Return-on-Tangible-Asset is 3.85. Katongyo Co's value of 3.58% is 7% below this industry median. Based on the distribution chart, Katongyo Co ranks #176 out of 311 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Katongyo Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Katongyo Co's Return-on-Tangible-Asset compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Katongyo Co ranks #176 out of 311 companies for Return-on-Tangible-Asset. This places Katongyo Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.85. Katongyo Co's value of 3.58% is 7% below this benchmark. Historically, Katongyo Co's own Return-on-Tangible-Asset has ranged from 1.75 to 3.24 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 3.85, Katongyo 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 Retail - Defensive company?
The median Return-on-Tangible-Asset among Retail - Defensive companies is 3.85, based on 311 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. Katongyo Co's current Return-on-Tangible-Asset of 3.58% is 7% 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 Katongyo Co and its competitors. For the Retail - Defensive industry, the median Return-on-Tangible-Asset is 3.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katongyo Co's current Return-on-Tangible-Asset is 3.58%, which is 49% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katongyo Co stock overvalued right now?
Based on GuruFocus' analysis, Katongyo Co (TSE:9869) is currently considered Modestly Overvalued. The stock's GF Value™ is 円5,567.58, compared to a current price of 円6,370.00 — trading 14.4% above its estimated fair value. The current Return-on-Tangible-Asset is 3.58%, which is 49% above median its 10-year median of 2.40 and 7% below the Retail - Defensive industry median of 3.85. Katongyo Co's overall GF Score™ is 86/100 with 3 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 Katongyo Co (TSE:9869), the current Return-on-Tangible-Asset is 3.58% 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 Katongyo Co (TSE:9869) Overvalued in 2026?
Based on GuruFocus' analysis, Katongyo Co stock appears to be overvalued.
The current stock price of 円6,370.00 is trading 14.4% above its estimated GF Value™ of 円5,567.58.
GuruFocus considers Katongyo Co to be Modestly Overvalued.
Key valuation signals for TSE:9869:
Return-on-Tangible-Asset: 3.58% (49% above median its 10-year median of 2.40)
GF Value™: 円5,567.58 vs. price of 円6,370.00 (14.4% above fair value)
Industry Position: 7% below the Retail - Defensive median (#176 of 311)
No single metric tells the full story. See the TSE:9869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kato Sangyo Co Ltd is a food wholesale company that handles processed foods. The company is mainly located in Japan. The company segments its operations into room temperature distribution, low temperature distribution, alcoholic beverage distribution, and other. The room temperature distribution segment involves wholesale processed foods and confections. The low temperature distribution segment engages in wholesale low-temperature foods and agricultural products. The alcoholic beverage distribution segment operates in wholesale alcoholic beverages. The other segment relates to the company's logistics business and insurance agency business.
86GF Score
Get the complete analysis for TSE:9869
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