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Sato Foods CoTSE:2923 -0.12%77 Return-on-Tangible-Equity is 7.61% as of Apr. 2026, which is 25% below its 10-year median of 10.12. GuruFocus rates TSE:2923 with a GF Score™ of 77/100 and a GF Value™ of 円8,288.04 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,883 Consumer Packaged Goods companies, Sato Foods Co ranks better than 64.26% 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. Sato Foods Co's annualized net income for the quarter that ended in Apr. 2026 was 円1,772 Mil. Sato Foods Co's average shareholder tangible equity for the quarter that ended in Apr. 2026 was 円23,283 Mil. Therefore, Sato Foods Co's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 7.61%.
The historical rank and industry rank for Sato Foods Co's Return-on-Tangible-Equity or its related term are showing as below:
TSE:2923'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.3 Med: 10.12 Max: 13.07
Current: 12.32
During the past 13 years, Sato Foods Co's highest Return-on-Tangible-Equity was 13.07%. The lowest was 5.30%. And the median was 10.12%.
TSE:2923's Return-on-Tangible-Equity is ranked better than 64.26% of 1883
companies
in the Consumer Packaged Goods industry
Industry Median: 7.77
vs TSE:2923: 12.32
Sato Foods Co (TSE:2923) 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.
Sato Foods Co Return-on-Tangible-Equity Related Terms
Sato Foods Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sato Foods 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.
TSE:2923 vs KHC, GIS: Return-on-Tangible-Equity Comparison
For the Packaged Foods subindustry, Sato Foods 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.
Sato Foods Co Return-on-Tangible-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Sato Foods Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sato Foods 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 two times the semi-annual (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 7.61% mean?
Sato Foods Co (TSE:2923) has a Return-on-Tangible-Equity of 7.61% 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 Sato Foods Co and its competitors. This is 25% below median its historical median of 10.12. Over the past decade, Sato Foods Co's Return-on-Tangible-Equity has ranged from 5.30 to 13.07. According to the industry distribution chart, Sato Foods Co ranks #673 out of 1883 companies in the Consumer Packaged Goods industry, placing it in the top 35.7%.
Is Sato Foods Co's Return-on-Tangible-Equity too high?
Sato Foods Co's current Return-on-Tangible-Equity of 7.61% is 25% below median its 10-year median of 10.12. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 13.07. The Consumer Packaged Goods industry median Return-on-Tangible-Equity is 7.77. Sato Foods Co's value of 7.61% is 2.1% below this industry median. Based on the distribution chart, Sato Foods Co ranks #673 out of 1883 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Sato Foods Co has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sato Foods Co's Return-on-Tangible-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Sato Foods Co ranks #673 out of 1883 companies for Return-on-Tangible-Equity. This puts Sato Foods Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.77. Sato Foods Co's value of 7.61% is 2.1% below this benchmark. Historically, Sato Foods Co's own Return-on-Tangible-Equity has ranged from 5.30 to 13.07 over the past decade. While the company's 10-year median is 10.12 vs. the industry median of 7.77, Sato Foods 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-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.77, based on 1,883 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. Sato Foods Co's current Return-on-Tangible-Equity of 7.61% is 2.1% 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 Sato Foods Co and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sato Foods Co's current Return-on-Tangible-Equity is 7.61%, which is 25% below median its own 10-year median of 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sato Foods Co stock overvalued right now?
Based on GuruFocus' analysis, Sato Foods Co (TSE:2923) is currently considered Fairly Valued. The stock's GF Value™ is 円8,288.04, compared to a current price of 円8,330.00 — trading 0.5% above its estimated fair value. The current Return-on-Tangible-Equity is 7.61%, which is 25% below median its 10-year median of 10.12 and 2.1% below the Consumer Packaged Goods industry median of 7.77. Sato Foods Co's overall GF Score™ is 77/100 with 5 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 Sato Foods Co (TSE:2923), the current Return-on-Tangible-Equity is 7.61% 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 Sato Foods Co (TSE:2923) Overvalued in 2026?
Based on GuruFocus' analysis, Sato Foods Co stock appears to be overvalued.
The current stock price of 円8,330.00 is trading 0.5% above its estimated GF Value™ of 円8,288.04.
GuruFocus considers Sato Foods Co to be Fairly Valued.
Key valuation signals for TSE:2923:
Return-on-Tangible-Equity: 7.61% (25% below median its 10-year median of 10.12)
GF Value™: 円8,288.04 vs. price of 円8,330.00 (0.5% above fair value)
Industry Position: 2.1% below the Consumer Packaged Goods median (#673 of 1883)
No single metric tells the full story. See the TSE:2923 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sato Foods Co Ltd is engaged in the production and sales of packed mochi and packed cooked rice in Japan. Its packaged rice cakes include Sato sliced rice-cake crisp and slit, Round rice-cake single pack and Sato Kagami Mochi. Its packed rice products include Sato rice, low-protein rice and others.
77GF Score
Get the complete analysis for TSE:2923
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