Globe InternationalASX:GLB +0.44%71 Return-on-Tangible-Asset is 5.38% as of Dec. 2025, which is 38% below its 10-year median of 8.70. GuruFocus rates ASX:GLB with a GF Score™ of 71/100 and a GF Value™ of A$2.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Globe International ranks better than 79.94% 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. Globe International's annualizedNet Income for the quarter that ended in Dec. 2025 was A$6.8 Mil. Globe International's average total tangible assets for the quarter that ended in Dec. 2025 was A$127.0 Mil. Therefore, Globe International's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 5.38%.
The historical rank and industry rank for Globe International's Return-on-Tangible-Asset or its related term are showing as below:
ASX:GLB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.12 Med: 8.7 Max: 30.36
Current: 6.6
During the past 13 years, Globe International's highest Return-on-Tangible-Asset was 30.36%. The lowest was 1.12%. And the median was 8.70%.
ASX:GLB's Return-on-Tangible-Asset is ranked better than 79.94% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.99
vs ASX:GLB: 6.60
Globe International (ASX:GLB) 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.
Globe International Return-on-Tangible-Asset Related Terms
Globe International Return-on-Tangible-Asset Historical Data
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The historical data trend for Globe International'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.
Globe International Return-on-Tangible-Asset Chart
ASX:GLB vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Globe International'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.
Globe International Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Globe International'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 5.38% mean?
Globe International (ASX:GLB) has a Return-on-Tangible-Asset of 5.38% 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 Globe International and its competitors. This is 38% below median its historical median of 8.70. Over the past decade, Globe International's Return-on-Tangible-Asset has ranged from 1.12 to 30.36. According to the industry distribution chart, Globe International ranks #213 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.1%.
Is Globe International's Return-on-Tangible-Asset too high?
Globe International's current Return-on-Tangible-Asset of 5.38% is 38% below median its 10-year median of 8.70. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 30.36. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.99. Globe International's value of 5.38% is 170.4% above this industry median. Based on the distribution chart, Globe International ranks #213 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Globe International has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globe International's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globe International ranks #213 out of 1062 companies for Return-on-Tangible-Asset. This places Globe International in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.99. Globe International's value of 5.38% is 170.4% above this benchmark. Historically, Globe International's own Return-on-Tangible-Asset has ranged from 1.12 to 30.36 over the past decade. While the company's 10-year median is 8.70 vs. the industry median of 1.99, Globe International 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 1.99, based on 1,062 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. Globe International's current Return-on-Tangible-Asset of 5.38% is 170.4% 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 Globe International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe International's current Return-on-Tangible-Asset is 5.38%, which is 38% below median its own 10-year median of 8.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe International stock overvalued right now?
Based on GuruFocus' analysis, Globe International (ASX:GLB) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.64, compared to a current price of A$2.26 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Asset is 5.38%, which is 38% below median its 10-year median of 8.70 and 170.4% above the Manufacturing - Apparel & Accessories industry median of 1.99. Globe International's overall GF Score™ is 71/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Globe International (ASX:GLB), the current Return-on-Tangible-Asset is 5.38% 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 Globe International (ASX:GLB) Overvalued in 2026?
Based on GuruFocus' analysis, Globe International stock appears to be undervalued.
The current stock price of A$2.26 is trading 14.4% below its estimated GF Value™ of A$2.64.
GuruFocus considers Globe International to be Modestly Undervalued.
Key valuation signals for ASX:GLB:
Return-on-Tangible-Asset: 5.38% (38% below median its 10-year median of 8.70)
GF Value™: A$2.64 vs. price of A$2.26 (14.4% below fair value)
Industry Position: 170.4% above the Manufacturing - Apparel & Accessories median (#213 of 1062)
No single metric tells the full story. See the ASX:GLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe International Ltd is an Australia-based company that operates in the apparel business. The company is engaged in the production and distribution of purpose-built apparel, footwear, and hard goods for the board sports, street fashion, and workwear markets. Its geographical segments include Australasia, North America, and Europe. The company derives a majority of its revenue from Australasia.
71GF Score
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