Shoe Zone (FRA:86W) Return-on-Tangible-Asset: -12.20% (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:86W Shoe Zone PLC FRA:86W
30 GF Score
Price €0.59
GF Value €0.57
Valuation Fairly Valued
! 4 Warning Signs
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What is Shoe Zone Return-on-Tangible-Asset?

Shoe Zone FRA:86W -0.85% 30 Return-on-Tangible-Asset is -12.20% as of Mar. 2026. GuruFocus rates FRA:86W with a GF Score™ of 30/100 and a GF Value™ of €0.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Shoe Zone ranks worse than 75.81% 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. Shoe Zone's annualized Net Income for the quarter that ended in Mar. 2026 was €-12.2 Mil. Shoe Zone's average total tangible assets for the quarter that ended in Mar. 2026 was €100.4 Mil. Therefore, Shoe Zone's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -12.20%.

The historical rank and industry rank for Shoe Zone's Return-on-Tangible-Asset or its related term are showing as below:

FRA:86W' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.21   Med: 9.37   Max: 13.55
Current: -1.32

During the past 13 years, Shoe Zone's highest Return-on-Tangible-Asset was 13.55%. The lowest was -13.21%. And the median was 9.37%.

FRA:86W's Return-on-Tangible-Asset is ranked worse than
75.81% of 1137 companies
in the Retail - Cyclical industry
Industry Median: 2.91 vs FRA:86W: -1.32

Shoe Zone  (FRA:86W) 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 company’s 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 company’s 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.


Shoe Zone Return-on-Tangible-Asset Related Terms


Shoe Zone Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Shoe Zone'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.

Shoe Zone Return-on-Tangible-Asset Chart

Shoe Zone Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.04 10.76 13.29 7.54 1.94

Shoe Zone 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-Asset 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 5.56 10.19 -4.78 9.06 -12.20

FRA:86W vs TJX, ROST, BURL: Return-on-Tangible-Asset Comparison

For the Apparel Retail subindustry, Shoe Zone'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.


Shoe Zone Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoe Zone's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Shoe Zone's Return-on-Tangible-Asset falls into.


FRA:86W
30GF Score
Shoe Zone PLC FRA:86W
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoe Zone Return-on-Tangible-Asset Calculation

Shoe Zone's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=2.175/( (119.838+104.592)/ 2 )
=2.175/112.215
=1.94 %

Shoe Zone's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-12.24/( (104.592+96.134)/ 2 )
=-12.24/100.363
=-12.20 %

* 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 (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of -12.20% mean?
Shoe Zone (FRA:86W) has a Return-on-Tangible-Asset of -12.20% 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 Shoe Zone and its competitors. According to the industry distribution chart, Shoe Zone ranks #862 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 75.8%.
Is Shoe Zone's Return-on-Tangible-Asset too high?
Shoe Zone's current Return-on-Tangible-Asset is -12.20%. Based on the distribution chart, Shoe Zone ranks #862 out of 1137 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shoe Zone has a GF Score™ of 30/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoe Zone's Return-on-Tangible-Asset compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Shoe Zone ranks #862 out of 1137 companies for Return-on-Tangible-Asset. This places Shoe Zone in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.91. 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 2.91, based on 1,137 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. 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 Shoe Zone and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoe Zone's current Return-on-Tangible-Asset is -12.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoe Zone stock overvalued right now?
Based on GuruFocus' analysis, Shoe Zone (FRA:86W) is currently considered Fairly Valued. The stock's GF Value™ is €0.57, compared to a current price of €0.59 — trading 2.6% above its estimated fair value. The current Return-on-Tangible-Asset is -12.20%. Shoe Zone's overall GF Score™ is 30/100 with 4 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 Shoe Zone (FRA:86W), the current Return-on-Tangible-Asset is -12.20% 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 Shoe Zone (FRA:86W) Overvalued in 2026?

Based on GuruFocus' analysis, Shoe Zone stock appears to be overvalued. The current stock price of €0.59 is trading 2.6% above its estimated GF Value™ of €0.57. GuruFocus considers Shoe Zone to be Fairly Valued.

Key valuation signals for FRA:86W:

  • Return-on-Tangible-Asset: -12.20%
  • GF Value™: €0.57 vs. price of €0.59 (2.6% above fair value)
  • GF Score™: 30/100 with 4 warning signs

No single metric tells the full story. See the FRA:86W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoe Zone Business Description

Other Exchanges SHOE:UK
Address Humberstone Road, Haramead Business Centre, Leicester, Leicestershire, GBR, LE1 2LH
Shoe Zone PLC operates as a footwear retailer offering a wide range and a variety of shoes for all ages, it functions with over 500 stores across the UK. The group has a single distribution center which is located in Leicester, England. Its online offering combined with its store portfolio allows customers to shop via multiple channels. Shoe zone operates in the United Kingdom.
30GF Score

Get the complete analysis for FRA:86W

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

€0.59
Price
€0.57
GF Value