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AsmoTSE:2654 +0.25%64 Return-on-Tangible-Equity is 7.36% as of Mar. 2026, which is 4% above its 10-year median of 7.09. GuruFocus rates TSE:2654 with a GF Score™ of 64/100 and a GF Value™ of 円392.95 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,880 Consumer Packaged Goods companies, Asmo ranks worse than 54.15% 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. Asmo's annualized net income for the quarter that ended in Mar. 2026 was 円502 Mil. Asmo's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円6,821 Mil. Therefore, Asmo's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 7.36%.
The historical rank and industry rank for Asmo's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2654'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.17 Med: 7.09 Max: 14.28
Current: 6.9
During the past 13 years, Asmo's highest Return-on-Tangible-Equity was 14.28%. The lowest was 2.17%. And the median was 7.09%.
TSE:2654's Return-on-Tangible-Equity is ranked worse than 54.15% of 1880
companies
in the Consumer Packaged Goods industry
Industry Median: 7.795
vs TSE:2654: 6.90
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.
Asmo Return-on-Tangible-Equity Related Terms
Asmo Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Asmo'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.
TSE:2654 vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Asmo'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.
Asmo Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Asmo's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Asmo'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 two times the semi-annual (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 7.36% mean?
Asmo (TSE:2654) has a Return-on-Tangible-Equity of 7.36% 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 Asmo and its competitors. This is near median its historical median of 7.09. Over the past decade, Asmo's Return-on-Tangible-Equity has ranged from 2.17 to 14.28. According to the industry distribution chart, Asmo ranks #1018 out of 1880 companies in the Consumer Packaged Goods industry, placing it in the top 54.1%.
Is Asmo's Return-on-Tangible-Equity too high?
Asmo's current Return-on-Tangible-Equity of 7.36% is near median its 10-year median of 7.09. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 14.28. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.80. Asmo's value of 7.36% is 5.6% below this industry median. Based on the distribution chart, Asmo ranks #1018 out of 1880 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Asmo has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asmo's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Asmo ranks #1018 out of 1880 companies for Return-on-Tangible-Equity. This places Asmo in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.80. Asmo's value of 7.36% is 5.6% below this benchmark. Historically, Asmo's own Return-on-Tangible-Equity has ranged from 2.17 to 14.28 over the past decade. While the company's 10-year median is 7.09 vs. the industry median of 7.80, Asmo 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.80, based on 1,880 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. Asmo's current Return-on-Tangible-Equity of 7.36% is 5.6% 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-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 Asmo and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asmo's current Return-on-Tangible-Equity is 7.36%, which is near median its own 10-year median of 7.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asmo stock overvalued right now?
Based on GuruFocus' analysis, Asmo (TSE:2654) is currently considered Fairly Valued. The stock's GF Value™ is 円392.95, compared to a current price of 円400.00 — trading 1.8% above its estimated fair value. The current Return-on-Tangible-Equity is 7.36%, which is near median its 10-year median of 7.09 and 5.6% below the Consumer Packaged Goods industry median of 7.80. Asmo's overall GF Score™ is 64/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Asmo (TSE:2654), the current Return-on-Tangible-Equity is 7.36% 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 Asmo (TSE:2654) Overvalued in 2026?
Based on GuruFocus' analysis, Asmo stock appears to be overvalued.
The current stock price of 円400.00 is trading 1.8% above its estimated GF Value™ of 円392.95.
GuruFocus considers Asmo to be Fairly Valued.
Key valuation signals for TSE:2654:
Return-on-Tangible-Equity: 7.36% (near median its 10-year median of 7.09)
GF Value™: 円392.95 vs. price of 円400.00 (1.8% above fair value)
Industry Position: 5.6% below the Consumer Packaged Goods median (#1018 of 1880)
No single metric tells the full story. See the TSE:2654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asmo Corp is engaged in business activities involving the import of meat, the sale of meat and processed meat products, the provision of meals to elderly care facilities, the operation of home visit and nursing care offices, the operation of paid nursing homes, and the operation of restaurants overseas.
64GF Score
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