Accent GroupASX:AX1 85 Return-on-Tangible-Asset is 6.13% as of Dec. 2025, which is 48% below its 10-year median of 11.82. GuruFocus rates ASX:AX1 with a GF Score™ of 85/100 and a GF Value™ of A$1.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Accent Group ranks better than 59.04% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Accent Group's annualizedNet Income for the quarter that ended in Dec. 2025 was A$56 Mil. Accent Group's average total tangible assets for the quarter that ended in Dec. 2025 was A$916 Mil. Therefore, Accent Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 6.13%.
The historical rank and industry rank for Accent Group's Return-on-Tangible-Asset or its related term are showing as below:
ASX:AX1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.98 Med: 11.82 Max: 18.69
Current: 4.34
During the past 13 years, Accent Group's highest Return-on-Tangible-Asset was 18.69%. The lowest was 3.98%. And the median was 11.82%.
ASX:AX1's Return-on-Tangible-Asset is ranked better than 59.04% of 1128
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs ASX:AX1: 4.34
Accent Group (ASX:AX1) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Accent Group Return-on-Tangible-Asset Related Terms
Accent Group Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Accent Group's Return-on-Tangible-Asset 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.
ASX:AX1 vs TJX, ROST, BURL: Return-on-Tangible-Asset Comparison
For the Apparel Retail subindustry, Accent Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Accent Group Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Accent Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Accent Group's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 6.13% mean?
Accent Group (ASX:AX1) has a Return-on-Tangible-Asset of 6.13% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Accent Group and its competitors. This is 48% below median its historical median of 11.82. Over the past decade, Accent Group's Return-on-Tangible-Asset has ranged from 3.98 to 18.69. According to the industry distribution chart, Accent Group ranks #462 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 41%.
Is Accent Group's Return-on-Tangible-Asset too high?
Accent Group's current Return-on-Tangible-Asset of 6.13% is 48% below median its 10-year median of 11.82. Over the past 10 years, this metric has ranged from a low of 3.98 to a high of 18.69. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Accent Group's value of 6.13% is 109.2% above this industry median. Based on the distribution chart, Accent Group ranks #462 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Accent Group has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accent Group's Return-on-Tangible-Asset compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Accent Group ranks #462 out of 1128 companies for Return-on-Tangible-Asset. This puts Accent Group in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Accent Group's value of 6.13% is 109.2% above this benchmark. Historically, Accent Group's own Return-on-Tangible-Asset has ranged from 3.98 to 18.69 over the past decade. While the company's 10-year median is 11.82 vs. the industry median of 2.93, Accent Group 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-Asset for a Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Accent Group's current Return-on-Tangible-Asset of 6.13% is 109.2% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Accent Group and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accent Group's current Return-on-Tangible-Asset is 6.13%, which is 48% below median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accent Group stock overvalued right now?
Based on GuruFocus' analysis, Accent Group (ASX:AX1) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.97, compared to a current price of A$0.73 — trading 63.2% below its estimated fair value. The current Return-on-Tangible-Asset is 6.13%, which is 48% below median its 10-year median of 11.82 and 109.2% above the Retail - Cyclical industry median of 2.93. Accent Group's overall GF Score™ is 85/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Accent Group (ASX:AX1), the current Return-on-Tangible-Asset is 6.13% as of Dec. 2025. 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 Accent Group (ASX:AX1) Overvalued in 2026?
Based on GuruFocus' analysis, Accent Group stock appears to be undervalued.
The current stock price of A$0.73 is trading 63.2% below its estimated GF Value™ of A$1.97.
GuruFocus considers Accent Group to be Possible Value Trap.
Key valuation signals for ASX:AX1:
Return-on-Tangible-Asset: 6.13% (48% below median its 10-year median of 11.82)
GF Value™: A$1.97 vs. price of A$0.73 (63.2% below fair value)
Industry Position: 109.2% above the Retail - Cyclical median (#462 of 1128)
No single metric tells the full story. See the ASX:AX1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accent Group is a retailer and wholesaler of footwear and apparel. It is the exclusive distributor of range of global brands, including Skechers, Vans, and Doctor Martens in Australia and New Zealand. Accent operates both monobranded stores and multibrand banners, such as Platypus, Hype DC, and The Athlete's Foot. With a network of more than 800 physical stores and 30 websites, Accent is the largest footwear retailer in Australia.
85GF Score
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