Kirin Holdings CoFRA:KIR -2.77%76 Return-on-Tangible-Equity is 149.54% as of Mar. 2026, which is 502% above its 10-year median of 24.83. GuruFocus rates FRA:KIR with a GF Score™ of 76/100 and a GF Value™ of €12.99 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 201 Beverages - Alcoholic companies, Kirin Holdings Co ranks better than 92.04% 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. Kirin Holdings Co's annualized net income for the quarter that ended in Mar. 2026 was €590 Mil. Kirin Holdings Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €395 Mil. Therefore, Kirin Holdings Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 149.54%.
The historical rank and industry rank for Kirin Holdings Co's Return-on-Tangible-Equity or its related term are showing as below:
FRA:KIR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.09 Med: 24.83 Max: 556.84
Current: 556.84
During the past 13 years, Kirin Holdings Co's highest Return-on-Tangible-Equity was 556.84%. The lowest was 12.09%. And the median was 24.83%.
FRA:KIR's Return-on-Tangible-Equity is ranked better than 92.04% of 201
companies
in the Beverages - Alcoholic industry
Industry Median: 8.47
vs FRA:KIR: 556.84
Kirin Holdings Co (FRA:KIR) 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.
Kirin Holdings Co Return-on-Tangible-Equity Related Terms
Kirin Holdings Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Kirin Holdings 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.
FRA:KIR vs BUD, STZ, TAP: Return-on-Tangible-Equity Comparison
For the Beverages - Brewers subindustry, Kirin Holdings 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.
Kirin Holdings Co Return-on-Tangible-Equity vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Kirin Holdings 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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 149.54% mean?
Kirin Holdings Co (FRA:KIR) has a Return-on-Tangible-Equity of 149.54% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Kirin Holdings Co and its competitors. This is 502% above median its historical median of 24.83. Over the past decade, Kirin Holdings Co's Return-on-Tangible-Equity has ranged from 12.09 to 556.84. According to the industry distribution chart, Kirin Holdings Co ranks #16 out of 201 companies in the Beverages - Alcoholic industry, placing it in the top 8%.
Is Kirin Holdings Co's Return-on-Tangible-Equity too high?
Kirin Holdings Co's current Return-on-Tangible-Equity of 149.54% is 502% above median its 10-year median of 24.83. Over the past 10 years, this metric has ranged from a low of 12.09 to a high of 556.84. The Beverages - Alcoholic industry median Return-on-Tangible-Equity is 8.47. Kirin Holdings Co's value of 149.54% is 1665.5% above this industry median. Based on the distribution chart, Kirin Holdings Co ranks #16 out of 201 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Kirin Holdings Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's Return-on-Tangible-Equity compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Kirin Holdings Co ranks #16 out of 201 companies for Return-on-Tangible-Equity. This places Kirin Holdings Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.47. Kirin Holdings Co's value of 149.54% is 1665.5% above this benchmark. Historically, Kirin Holdings Co's own Return-on-Tangible-Equity has ranged from 12.09 to 556.84 over the past decade. While the company's 10-year median is 24.83 vs. the industry median of 8.47, Kirin Holdings 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-Equity for a Beverages - Alcoholic company?
The median Return-on-Tangible-Equity among Beverages - Alcoholic companies is 8.47, based on 201 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. Kirin Holdings Co's current Return-on-Tangible-Equity of 149.54% is 1665.5% 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-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 Kirin Holdings Co and its competitors. For the Beverages - Alcoholic industry, the median Return-on-Tangible-Equity is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kirin Holdings Co's current Return-on-Tangible-Equity is 149.54%, which is 502% above median its own 10-year median of 24.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €12.99, compared to a current price of €15.10 — trading 16.2% above its estimated fair value. The current Return-on-Tangible-Equity is 149.54%, which is 502% above median its 10-year median of 24.83 and 1665.5% above the Beverages - Alcoholic industry median of 8.47. Kirin Holdings Co's overall GF Score™ is 76/100 with 9 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 Kirin Holdings Co (FRA:KIR), the current Return-on-Tangible-Equity is 149.54% 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?
Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued.
The current stock price of €15.10 is trading 16.2% above its estimated GF Value™ of €12.99.
GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.
Key valuation signals for FRA:KIR:
Return-on-Tangible-Equity: 149.54% (502% above median its 10-year median of 24.83)
GF Value™: €12.99 vs. price of €15.10 (16.2% above fair value)
Industry Position: 1665.5% above the Beverages - Alcoholic median (#16 of 201)
No single metric tells the full story. See the FRA:KIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
76GF Score
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