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Dick's Sporting GoodsFRA:DSG -2.10%96 Return-on-Tangible-Asset is 8.01% as of Apr. 2026, which is 6% below its 10-year median of 8.52. GuruFocus rates FRA:DSG with a GF Score™ of 96/100 and a GF Value™ of €240.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Dick's Sporting Goods ranks better than 70.77% 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. Dick's Sporting Goods's annualizedNet Income for the quarter that ended in Apr. 2026 was €1,094 Mil. Dick's Sporting Goods's average total tangible assets for the quarter that ended in Apr. 2026 was €13,663 Mil. Therefore, Dick's Sporting Goods's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 8.01%.
The historical rank and industry rank for Dick's Sporting Goods's Return-on-Tangible-Asset or its related term are showing as below:
FRA:DSG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.89 Med: 8.52 Max: 18.85
Current: 6.61
During the past 13 years, Dick's Sporting Goods's highest Return-on-Tangible-Asset was 18.85%. The lowest was 5.89%. And the median was 8.52%.
FRA:DSG's Return-on-Tangible-Asset is ranked better than 70.77% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs FRA:DSG: 6.61
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.
Dick's Sporting Goods Return-on-Tangible-Asset Related Terms
Dick's Sporting Goods Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Dick's Sporting Goods'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:DSG vs ULTA, BBY, TSCO: Return-on-Tangible-Asset Comparison
For the Specialty Retail subindustry, Dick's Sporting Goods'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.
Dick's Sporting Goods Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Dick's Sporting Goods's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Dick's Sporting Goods'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 8.01% mean?
Dick's Sporting Goods (FRA:DSG) has a Return-on-Tangible-Asset of 8.01% 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 Dick's Sporting Goods and its competitors. This is near median its historical median of 8.52. Over the past decade, Dick's Sporting Goods' Return-on-Tangible-Asset has ranged from 5.89 to 18.85. According to the industry distribution chart, Dick's Sporting Goods ranks #332 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 29.2%.
Is Dick's Sporting Goods' Return-on-Tangible-Asset too high?
Dick's Sporting Goods' current Return-on-Tangible-Asset of 8.01% is near median its 10-year median of 8.52. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 18.85. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Dick's Sporting Goods' value of 8.01% is 173.4% above this industry median. Based on the distribution chart, Dick's Sporting Goods ranks #332 out of 1136 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Dick's Sporting Goods has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dick's Sporting Goods' Return-on-Tangible-Asset compare to ULTA and BBY?
According to the Retail - Cyclical industry distribution chart, Dick's Sporting Goods ranks #332 out of 1136 companies for Return-on-Tangible-Asset. This puts Dick's Sporting Goods in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Dick's Sporting Goods' value of 8.01% is 173.4% above this benchmark. Historically, Dick's Sporting Goods' own Return-on-Tangible-Asset has ranged from 5.89 to 18.85 over the past decade. While the company's 10-year median is 8.52 vs. the industry median of 2.93, Dick's Sporting Goods 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 1,136 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. Dick's Sporting Goods's current Return-on-Tangible-Asset of 8.01% is 173.4% 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 Dick's Sporting Goods 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. Dick's Sporting Goods's current Return-on-Tangible-Asset is 8.01%, which is near median its own 10-year median of 8.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dick's Sporting Goods stock overvalued right now?
Based on GuruFocus' analysis, Dick's Sporting Goods (FRA:DSG) is currently considered Modestly Undervalued. The stock's GF Value™ is €240.79, compared to a current price of €177.25 — trading 26.4% below its estimated fair value. The current Return-on-Tangible-Asset is 8.01%, which is near median its 10-year median of 8.52 and 173.4% above the Retail - Cyclical industry median of 2.93. Dick's Sporting Goods' overall GF Score™ is 96/100 with 5 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 Dick's Sporting Goods (FRA:DSG), the current Return-on-Tangible-Asset is 8.01% 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 Dick's Sporting Goods (FRA:DSG) Overvalued in 2026?
Based on GuruFocus' analysis, Dick's Sporting Goods stock appears to be undervalued.
The current stock price of €177.25 is trading 26.4% below its estimated GF Value™ of €240.79.
GuruFocus considers Dick's Sporting Goods to be Modestly Undervalued.
Key valuation signals for FRA:DSG:
Return-on-Tangible-Asset: 8.01% (near median its 10-year median of 8.52)
GF Value™: €240.79 vs. price of €177.25 (26.4% below fair value)
Industry Position: 173.4% above the Retail - Cyclical median (#332 of 1136)
No single metric tells the full story. See the FRA:DSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores. In September 2025, Dick's acquired multinational retailer Foot Locker. With this move, Dick's added about 2,600 stores under the Foot Locker, Kids Foot Locker, Champs Sports, atmos, and WSS nameplates in North America, the Asia-Pacific, and EMEA—Europe, the Middle East, and Africa. The combined Dick's and Foot Locker has an annual sales base of more than $22 billion. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
96GF Score
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