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Track & Field CoBSP:TFCO4 +2.18%96 Return-on-Tangible-Asset is 14.29% as of Mar. 2026, which is 12% below its 10-year median of 16.27. GuruFocus rates BSP:TFCO4 with a GF Score™ of 96/100 and a GF Value™ of R$19.36 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,136 Retail - Cyclical companies, Track & Field Co ranks better than 92.34% 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. Track & Field Co's annualizedNet Income for the quarter that ended in Mar. 2026 was R$138 Mil. Track & Field Co's average total tangible assets for the quarter that ended in Mar. 2026 was R$963 Mil. Therefore, Track & Field Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.29%.
The historical rank and industry rank for Track & Field Co's Return-on-Tangible-Asset or its related term are showing as below:
BSP:TFCO4'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.33 Med: 16.27 Max: 25.33
Current: 16.15
During the past 9 years, Track & Field Co's highest Return-on-Tangible-Asset was 25.33%. The lowest was 8.33%. And the median was 16.27%.
BSP:TFCO4's Return-on-Tangible-Asset is ranked better than 92.34% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 2.935
vs BSP:TFCO4: 16.15
Track & Field Co (BSP:TFCO4) 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.
Track & Field Co Return-on-Tangible-Asset Related Terms
Track & Field Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Track & Field Co'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.
BSP:TFCO4 vs TJX, ROST, BURL: Return-on-Tangible-Asset Comparison
For the Apparel Retail subindustry, Track & Field Co'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.
Track & Field Co Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Track & Field Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Track & Field Co'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 14.29% mean?
Track & Field Co (BSP:TFCO4) has a Return-on-Tangible-Asset of 14.29% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Track & Field Co and its competitors. This is 12% below median its historical median of 16.27. Over the past decade, Track & Field Co's Return-on-Tangible-Asset has ranged from 8.33 to 25.33. According to the industry distribution chart, Track & Field Co ranks #87 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 7.7%.
Is Track & Field Co's Return-on-Tangible-Asset too high?
Track & Field Co's current Return-on-Tangible-Asset of 14.29% is 12% below median its 10-year median of 16.27. Over the past 10 years, this metric has ranged from a low of 8.33 to a high of 25.33. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.94. Track & Field Co's value of 14.29% is 386.9% above this industry median. Based on the distribution chart, Track & Field Co ranks #87 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Track & Field Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Track & Field Co's Return-on-Tangible-Asset compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Track & Field Co ranks #87 out of 1136 companies for Return-on-Tangible-Asset. This places Track & Field Co in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.94. Track & Field Co's value of 14.29% is 386.9% above this benchmark. Historically, Track & Field Co's own Return-on-Tangible-Asset has ranged from 8.33 to 25.33 over the past decade. While the company's 10-year median is 16.27 vs. the industry median of 2.94, Track & Field Co 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 2.94, based on 1,136 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. Track & Field Co's current Return-on-Tangible-Asset of 14.29% is 386.9% 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 Track & Field Co and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track & Field Co's current Return-on-Tangible-Asset is 14.29%, which is 12% below median its own 10-year median of 16.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track & Field Co stock overvalued right now?
Based on GuruFocus' analysis, Track & Field Co (BSP:TFCO4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$19.36, compared to a current price of R$15.01 — trading 22.5% below its estimated fair value. The current Return-on-Tangible-Asset is 14.29%, which is 12% below median its 10-year median of 16.27 and 386.9% above the Retail - Cyclical industry median of 2.94. Track & Field Co's overall GF Score™ is 96/100 with 1 warning sign 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 Track & Field Co (BSP:TFCO4), the current Return-on-Tangible-Asset is 14.29% 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 Track & Field Co (BSP:TFCO4) Overvalued in 2026?
Based on GuruFocus' analysis, Track & Field Co stock appears to be undervalued.
The current stock price of R$15.01 is trading 22.5% below its estimated GF Value™ of R$19.36.
GuruFocus considers Track & Field Co to be Modestly Undervalued.
Key valuation signals for BSP:TFCO4:
Return-on-Tangible-Asset: 14.29% (12% below median its 10-year median of 16.27)
GF Value™: R$19.36 vs. price of R$15.01 (22.5% below fair value)
Industry Position: 386.9% above the Retail - Cyclical median (#87 of 1136)
No single metric tells the full story. See the BSP:TFCO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Track & Field Co SA is a sports apparel retailer. The company is engaged in the development and sale of sports and general leisure products (footwear, apparel, equipment, and accessories) originating from the domestic and foreign markets, and holding interests in other entities, conducting business franchise management, franchising, and promoting and organizing sporting events, and operating in the food industry. It operates in single segment, i.e., the retail industry, which comprises the development and sale of clothing, accessories and sporting experiences aimed at reinforcing the brand positioning and boosting the flow of customers to the stores.
96GF Score
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