The Campbell's CoCPB +5.36%58 Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 2026. GuruFocus rates CPB with a GF Score™ of 58/100 and a GF Value™ of $41.88 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,873 Consumer Packaged Goods companies, The Campbell's Co ranks better than 99.95% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. The Campbell's Co's annualized net income for the quarter that ended in Apr. 2026 was $496 Mil. The Campbell's Co's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $-5,305 Mil. Therefore, The Campbell's Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for The Campbell's Co's Return-on-Tangible-Equity or its related term are showing as below:
CPB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
CPB's Return-on-Tangible-Equity is ranked better than 99.95% of 1873
companies
in the Consumer Packaged Goods industry
Industry Median: 7.72
vs CPB: Negative Tangible Equity
The Campbell's Co (NAS:CPB) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
The Campbell's Co Return-on-Tangible-Equity Related Terms
The Campbell's Co Return-on-Tangible-Equity Historical Data
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The historical data trend for The Campbell's Co's Return-on-Tangible-Equity 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.
CPB vs PPC, CAG, LW: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, The Campbell's Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
The Campbell's Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, The Campbell's Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The Campbell's Co's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
The Campbell's Co (CPB) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on The Campbell's Co and its competitors. According to the industry distribution chart, The Campbell's Co ranks #1 out of 1873 companies in the Consumer Packaged Goods industry, placing it in the top 0.099999999999994%.
Is The Campbell's Co's Return-on-Tangible-Equity too high?
The Campbell's Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, The Campbell's Co ranks #1 out of 1873 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, The Campbell's Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does The Campbell's Co's Return-on-Tangible-Equity compare to PPC and CAG?
According to the Consumer Packaged Goods industry distribution chart, The Campbell's Co ranks #1 out of 1873 companies for Return-on-Tangible-Equity. This places The Campbell's Co in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.72. 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.72, based on 1,873 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on The Campbell's Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Campbell's Co's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Campbell's Co stock overvalued right now?
Based on GuruFocus' analysis, The Campbell's Co (CPB) is currently considered Possible Value Trap. The stock's GF Value™ is $41.88, compared to a current price of $23.47 — trading 44% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. The Campbell's Co's overall GF Score™ is 58/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For The Campbell's Co (CPB), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Apr. 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 The Campbell's Co (CPB) Overvalued in 2026?
Based on GuruFocus' analysis, The Campbell's Co stock appears to be undervalued.
The current stock price of $23.47 is trading 44% below its estimated GF Value™ of $41.88.
GuruFocus considers The Campbell's Co to be Possible Value Trap.
No single metric tells the full story. See the CPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Over the past 150-plus years, Campbell's has evolved into a leading domestic packaged food manufacturer, with a portfolio that extends beyond its iconic red-and-white labeled canned soup. In fiscal 2025 (July year-end), snacks accounted for 43% of its revenue, followed by soup (27%), other simple meals (23%), and beverages (7%). Beyond its namesake, its brands include Pepperidge Farm, Goldfish, Snyder's of Hanover, Swanson, Pacific Foods, Prego, Pace, V8, and, most recently, Rao's (a deal that closed in 2024). Around 90% of its revenue results from the US and the remainder from Canada and Latin America.
58GF Score
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