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ZumiezFRA:ZM3 -1.83%75 Return-on-Tangible-Asset is -8.86% as of Apr. 2026. GuruFocus rates FRA:ZM3 with a GF Score™ of 75/100 and a GF Value™ of €19.29 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,138 Retail - Cyclical companies, Zumiez ranks worse than 54.83% 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. Zumiez's annualizedNet Income for the quarter that ended in Apr. 2026 was €-45.4 Mil. Zumiez's average total tangible assets for the quarter that ended in Apr. 2026 was €512.1 Mil. Therefore, Zumiez's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was -8.86%.
The historical rank and industry rank for Zumiez's Return-on-Tangible-Asset or its related term are showing as below:
FRA:ZM3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.55 Med: 7.13 Max: 13.95
Current: 2.43
During the past 13 years, Zumiez's highest Return-on-Tangible-Asset was 13.95%. The lowest was -9.55%. And the median was 7.13%.
FRA:ZM3's Return-on-Tangible-Asset is ranked worse than 54.83% of 1138
companies
in the Retail - Cyclical industry
Industry Median: 2.985
vs FRA:ZM3: 2.43
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.
Zumiez Return-on-Tangible-Asset Related Terms
Zumiez Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Zumiez'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:ZM3 vs LE, JILL, CURV: Return-on-Tangible-Asset Comparison
For the Apparel Retail subindustry, Zumiez'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.
Zumiez Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Zumiez's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zumiez'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 -8.86% mean?
Zumiez (FRA:ZM3) has a Return-on-Tangible-Asset of -8.86% 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 Zumiez and its competitors. According to the industry distribution chart, Zumiez ranks #624 out of 1138 companies in the Retail - Cyclical industry, placing it in the top 54.8%.
Is Zumiez's Return-on-Tangible-Asset too high?
Zumiez's current Return-on-Tangible-Asset is -8.86%. Based on the distribution chart, Zumiez ranks #624 out of 1138 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Zumiez has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zumiez's Return-on-Tangible-Asset compare to LE and JILL?
According to the Retail - Cyclical industry distribution chart, Zumiez ranks #624 out of 1138 companies for Return-on-Tangible-Asset. This places Zumiez in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.99. 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 2.99, based on 1,138 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 Zumiez and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zumiez's current Return-on-Tangible-Asset is -8.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zumiez stock overvalued right now?
Based on GuruFocus' analysis, Zumiez (FRA:ZM3) is currently considered Modestly Undervalued. The stock's GF Value™ is €19.29, compared to a current price of €16.10 — trading 16.5% below its estimated fair value. The current Return-on-Tangible-Asset is -8.86%. Zumiez's overall GF Score™ is 75/100 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 Zumiez (FRA:ZM3), the current Return-on-Tangible-Asset is -8.86% 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 Zumiez (FRA:ZM3) Overvalued in 2026?
Based on GuruFocus' analysis, Zumiez stock appears to be undervalued.
The current stock price of €16.10 is trading 16.5% below its estimated GF Value™ of €19.29.
GuruFocus considers Zumiez to be Modestly Undervalued.
Key valuation signals for FRA:ZM3:
Return-on-Tangible-Asset: -8.86%
GF Value™: €19.29 vs. price of €16.10 (16.5% below fair value)
No single metric tells the full story. See the FRA:ZM3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zumiez Inc is a United States-based specialty retailer engaged in the sale of apparel, footwear, accessories, and hard goods. The company provides merchandise with cultural elements coming from fashion, music, art, action sports, streetwear, and other lifestyles. The company operates under the brands Zumiez, Fast Times, and Blue Tomato, and through both physical stores and websites. The majority of the company's stores are located in the U.S., with the rest in Canada, Australia, and Europe. The U.S. market contributes to the majority of the company's revenue.
75GF Score
Get the complete analysis for FRA:ZM3
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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