Asahi Printing Co (TSE:3951) Return-on-Tangible-Equity: 5.17% (As of Mar. 2026) — Near Median

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TSE:3951 Asahi Printing Co Ltd TSE:3951
66 GF Score
Price 円885.00
GF Value 円979.40
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asahi Printing Co Return-on-Tangible-Equity?

Asahi Printing Co TSE:3951 -0.67% 66 Return-on-Tangible-Equity is 5.17% as of Mar. 2026, which is 7% below its 10-year median of 5.55. GuruFocus rates TSE:3951 with a GF Score™ of 66/100 and a GF Value™ of 円979.40 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 388 Packaging & Containers companies, Asahi Printing Co ranks worse than 54.9% 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. Asahi Printing Co's annualized net income for the quarter that ended in Mar. 2026 was 円1,688 Mil. Asahi Printing Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was 円32,650 Mil. Therefore, Asahi Printing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.17%.

The historical rank and industry rank for Asahi Printing Co's Return-on-Tangible-Equity or its related term are showing as below:

TSE:3951' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.9   Med: 5.55   Max: 7.41
Current: 4.92

During the past 13 years, Asahi Printing Co's highest Return-on-Tangible-Equity was 7.41%. The lowest was 4.90%. And the median was 5.55%.

TSE:3951's Return-on-Tangible-Equity is ranked worse than
54.9% of 388 companies
in the Packaging & Containers industry
Industry Median: 5.855 vs TSE:3951: 4.92

Asahi Printing Co  (TSE:3951) 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.


Asahi Printing Co Return-on-Tangible-Equity Related Terms


Asahi Printing Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Asahi Printing 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.

Asahi Printing Co Return-on-Tangible-Equity Chart

Asahi Printing Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.88 5.51 5.23 5.45 4.90

Asahi Printing Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.55 6.92 3.97 4.68 5.17

TSE:3951 vs SW, PKG, IP: Return-on-Tangible-Equity Comparison

For the Packaging & Containers subindustry, Asahi Printing 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.


Asahi Printing Co Return-on-Tangible-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Asahi Printing Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Asahi Printing Co's Return-on-Tangible-Equity falls into.


TSE:3951
66GF Score
Asahi Printing Co Ltd TSE:3951
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Printing Co Return-on-Tangible-Equity Calculation

Asahi Printing Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=1592/( (31853+33191 )/ 2 )
=1592/32522
=4.90 %

Asahi Printing Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1688/( (32109+33191)/ 2 )
=1688/32650
=5.17 %

* 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 5.17% mean?
Asahi Printing Co (TSE:3951) has a Return-on-Tangible-Equity of 5.17% 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 Asahi Printing Co and its competitors. This is near median its historical median of 5.55. Over the past decade, Asahi Printing Co's Return-on-Tangible-Equity has ranged from 4.90 to 7.41. According to the industry distribution chart, Asahi Printing Co ranks #213 out of 388 companies in the Packaging & Containers industry, placing it in the top 54.9%.
Is Asahi Printing Co's Return-on-Tangible-Equity too high?
Asahi Printing Co's current Return-on-Tangible-Equity of 5.17% is near median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 4.90 to a high of 7.41. The Packaging & Containers industry median Return-on-Tangible-Equity is 5.86. Asahi Printing Co's value of 5.17% is 11.7% below this industry median. Based on the distribution chart, Asahi Printing Co ranks #213 out of 388 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Asahi Printing Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Printing Co's Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Asahi Printing Co ranks #213 out of 388 companies for Return-on-Tangible-Equity. This places Asahi Printing Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.86. Asahi Printing Co's value of 5.17% is 11.7% below this benchmark. Historically, Asahi Printing Co's own Return-on-Tangible-Equity has ranged from 4.90 to 7.41 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 5.86, Asahi Printing 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 Packaging & Containers company?
The median Return-on-Tangible-Equity among Packaging & Containers companies is 5.86, based on 388 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. Asahi Printing Co's current Return-on-Tangible-Equity of 5.17% is 11.7% 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-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 Asahi Printing Co and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Equity is 5.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Printing Co's current Return-on-Tangible-Equity is 5.17%, which is near median its own 10-year median of 5.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Printing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Printing Co (TSE:3951) is currently considered Modestly Undervalued. The stock's GF Value™ is 円979.40, compared to a current price of 円885.00 — trading 9.6% below its estimated fair value. The current Return-on-Tangible-Equity is 5.17%, which is near median its 10-year median of 5.55 and 11.7% below the Packaging & Containers industry median of 5.86. Asahi Printing Co's overall GF Score™ is 66/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Asahi Printing Co (TSE:3951), the current Return-on-Tangible-Equity is 5.17% 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 Asahi Printing Co (TSE:3951) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Printing Co stock appears to be undervalued. The current stock price of 円885.00 is trading 9.6% below its estimated GF Value™ of 円979.40. GuruFocus considers Asahi Printing Co to be Modestly Undervalued.

Key valuation signals for TSE:3951:

  • Return-on-Tangible-Equity: 5.17% (near median its 10-year median of 5.55)
  • GF Value™: 円979.40 vs. price of 円885.00 (9.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 11.7% below the Packaging & Containers median (#213 of 388)

No single metric tells the full story. See the TSE:3951 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Printing Co Business Description

Address Ichibancho Square Building, 1-1 Ichibancho, Toyama Prefecture, Toyama, JPN, 930-0061
Asahi Printing Co Ltd is engaged in the manufacture and sale of printing and packaging materials. In addition, the company also engages in the temporary staffing business. The company operates in three segments, which include the Printing and packaging business, the Packaging Systems Sales Business, and Others.
66GF Score

Get the complete analysis for TSE:3951

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円885.00
Price
円979.40
GF Value