Gildan ActivewearGIL +3.16%88 Return-on-Tangible-Asset is -3.99% as of Mar. 2026. GuruFocus rates GIL with a GF Score™ of 88/100 and a GF Value™ of $64.23 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Gildan Activewear ranks better than 71% 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. Gildan Activewear's annualizedNet Income for the quarter that ended in Mar. 2026 was $-263 Mil. Gildan Activewear's average total tangible assets for the quarter that ended in Mar. 2026 was $6,601 Mil. Therefore, Gildan Activewear's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -3.99%.
The historical rank and industry rank for Gildan Activewear's Return-on-Tangible-Asset or its related term are showing as below:
GIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.67 Med: 14.61 Max: 23.94
Current: 4.89
During the past 13 years, Gildan Activewear's highest Return-on-Tangible-Asset was 23.94%. The lowest was -8.67%. And the median was 14.61%.
GIL's Return-on-Tangible-Asset is ranked better than 71% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.995
vs GIL: 4.89
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.
Gildan Activewear Return-on-Tangible-Asset Related Terms
Gildan Activewear Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gildan Activewear'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.
GIL vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Gildan Activewear'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.
Gildan Activewear Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gildan Activewear's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gildan Activewear'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 -3.99% mean?
Gildan Activewear (GIL) has a Return-on-Tangible-Asset of -3.99% 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 Gildan Activewear and its competitors. According to the industry distribution chart, Gildan Activewear ranks #308 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29%.
Is Gildan Activewear's Return-on-Tangible-Asset too high?
Gildan Activewear's current Return-on-Tangible-Asset is -3.99%. Based on the distribution chart, Gildan Activewear ranks #308 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Gildan Activewear has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gildan Activewear ranks #308 out of 1062 companies for Return-on-Tangible-Asset. This puts Gildan Activewear in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.00. 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 2.00, based on 1,062 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 Gildan Activewear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gildan Activewear's current Return-on-Tangible-Asset is -3.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Based on GuruFocus' analysis, Gildan Activewear (GIL) is currently considered Modestly Undervalued. The stock's GF Value™ is $64.23, compared to a current price of $52.50 — trading 18.3% below its estimated fair value. The current Return-on-Tangible-Asset is -3.99%. Gildan Activewear's overall GF Score™ is 88/100 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 Gildan Activewear (GIL), the current Return-on-Tangible-Asset is -3.99% 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 Gildan Activewear (GIL) Overvalued in 2026?
Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued.
The current stock price of $52.50 is trading 18.3% below its estimated GF Value™ of $64.23.
GuruFocus considers Gildan Activewear to be Modestly Undervalued.
Key valuation signals for GIL:
Return-on-Tangible-Asset: -3.99%
GF Value™: $64.23 vs. price of $52.50 (18.3% below fair value)
No single metric tells the full story. See the GIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
88GF Score
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