Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Designer BrandsFRA:D9W +0.89%71 Return-on-Tangible-Asset is 0.26% as of Apr. 2026, which is 92% below its 10-year median of 3.26. GuruFocus rates FRA:D9W with a GF Score™ of 71/100 and a GF Value™ of €5.80. The stock has 6 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Designer Brands ranks worse than 63.36% 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. Designer Brands's annualizedNet Income for the quarter that ended in Apr. 2026 was €4 Mil. Designer Brands's average total tangible assets for the quarter that ended in Apr. 2026 was €1,502 Mil. Therefore, Designer Brands's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 0.26%.
The historical rank and industry rank for Designer Brands's Return-on-Tangible-Asset or its related term are showing as below:
FRA:D9W'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.3 Med: 3.26 Max: 9.37
Current: 0.56
During the past 13 years, Designer Brands's highest Return-on-Tangible-Asset was 9.37%. The lowest was -23.30%. And the median was 3.26%.
FRA:D9W's Return-on-Tangible-Asset is ranked worse than 63.36% of 1067
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.16
vs FRA:D9W: 0.56
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.
Designer Brands Return-on-Tangible-Asset Related Terms
Designer Brands Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Designer Brands'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.
FRA:D9W vs FWDI, RCKY, FOSL: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Designer Brands'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.
Designer Brands Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Designer Brands's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Designer Brands'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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.26% mean?
Designer Brands (FRA:D9W) has a Return-on-Tangible-Asset of 0.26% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Designer Brands and its competitors. This is 92% below median its historical median of 3.26. According to the industry distribution chart, Designer Brands ranks #676 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 63.4%.
Is Designer Brands' Return-on-Tangible-Asset too high?
Designer Brands' current Return-on-Tangible-Asset of 0.26% is 92% below median its 10-year median of 3.26. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.16. Designer Brands' value of 0.26% is 88% below this industry median. Based on the distribution chart, Designer Brands ranks #676 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Designer Brands has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Designer Brands' Return-on-Tangible-Asset compare to FWDI and RCKY?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Designer Brands ranks #676 out of 1067 companies for Return-on-Tangible-Asset. This places Designer Brands in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.16. Designer Brands' value of 0.26% is 88% below this benchmark. While the company's 10-year median is 3.26 vs. the industry median of 2.16, Designer Brands 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-Asset for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.16, based on 1,067 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. Designer Brands's current Return-on-Tangible-Asset of 0.26% is 88% 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-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 Designer Brands and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Designer Brands's current Return-on-Tangible-Asset is 0.26%, which is 92% below median its own 10-year median of 3.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Designer Brands stock overvalued right now?
Designer Brands (FRA:D9W) has a current Return-on-Tangible-Asset of 0.26%. The stock's GF Value™ is €5.80, compared to a current price of €5.65 — trading 2.6% below its estimated fair value. The current Return-on-Tangible-Asset is 0.26%, which is 92% below median its 10-year median of 3.26 and 88% below the Manufacturing - Apparel & Accessories industry median of 2.16. Designer Brands' overall GF Score™ is 71/100 with 6 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 Designer Brands (FRA:D9W), the current Return-on-Tangible-Asset is 0.26% as of Apr. 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 Designer Brands (FRA:D9W) Overvalued in 2026?
Based on GuruFocus' analysis, Designer Brands stock appears to be undervalued.
The current stock price of €5.65 is trading 2.6% below its estimated GF Value™ of €5.80.
Key valuation signals for FRA:D9W:
Return-on-Tangible-Asset: 0.26% (92% below median its 10-year median of 3.26)
GF Value™: €5.80 vs. price of €5.65 (2.6% below fair value)
Industry Position: 88% below the Manufacturing - Apparel & Accessories median (#676 of 1067)
No single metric tells the full story. See the FRA:D9W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Designer Brands Inc is a designer, producer, and retailer of footwear and accessories. The company operates in two reportable segments: the Retail segment and the Brand Portfolio segment. The Retail segment, which derives key revenue, operates the DSW Designer Shoe Warehouse ("DSW") banner through its direct-to-consumer stores and e-commerce sites in the United States ("U.S.") and Canada, and the Shoe Co. and Rubino banners through its direct-to-consumer stores and e-commerce sites in Canada. The Brand Portfolio segment principally earns revenue from the wholesale of its exclusive and licensed brands to retailers, its Retail segment, and international distributors, and the sale of its Vince Camuto, Keds, and Topo brands through direct-to-consumer e-commerce sites.
71GF Score
Get the complete analysis for FRA:D9W
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:D9W has been successfully added to your 
