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. Kingmaker Footwear Holdings's annualizedNet Income for the quarter that ended in Sep. 2025 was $-1.69 Mil. Kingmaker Footwear Holdings's average total tangible assets for the quarter that ended in Sep. 2025 was $177.07 Mil. Therefore, Kingmaker Footwear Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2025 was -0.95%.
The historical rank and industry rank for Kingmaker Footwear Holdings's Return-on-Tangible-Asset or its related term are showing as below:
KMSWF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.27 Med: 2.82 Max: 15.46
Current: -5.27
During the past 13 years, Kingmaker Footwear Holdings's highest Return-on-Tangible-Asset was 15.46%. The lowest was -5.27%. And the median was 2.82%.
KMSWF's Return-on-Tangible-Asset is ranked worse than 83.8% of 1062
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.995
vs KMSWF: -5.27
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.
Kingmaker Footwear Holdings Return-on-Tangible-Asset Related Terms
Kingmaker Footwear Holdings Return-on-Tangible-Asset Historical Data
* 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.
KMSWF vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Kingmaker Footwear Holdings'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.
Kingmaker Footwear Holdings Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kingmaker Footwear Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kingmaker Footwear Holdings'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 two times the semi-annual (Sep. 2025) net income data.
What does a Return-on-Tangible-Asset of -0.95% mean?
Kingmaker Footwear Holdings (KMSWF) has a Return-on-Tangible-Asset of -0.95% as of Sep. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kingmaker Footwear Holdings and its competitors. According to the industry distribution chart, Kingmaker Footwear Holdings ranks #890 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.8%.
Is Kingmaker Footwear Holdings' Return-on-Tangible-Asset too high?
Kingmaker Footwear Holdings' current Return-on-Tangible-Asset is -0.95%. Based on the distribution chart, Kingmaker Footwear Holdings ranks #890 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kingmaker Footwear Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Kingmaker Footwear Holdings' Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kingmaker Footwear Holdings ranks #890 out of 1062 companies for Return-on-Tangible-Asset. This places Kingmaker Footwear Holdings in the lower 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 Kingmaker Footwear Holdings 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. Kingmaker Footwear Holdings's current Return-on-Tangible-Asset is -0.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kingmaker Footwear Holdings stock overvalued right now?
Kingmaker Footwear Holdings (KMSWF) has a current Return-on-Tangible-Asset of -0.95%. The stock's GF Value™ is $0.05, compared to a current price of $0.04 — trading 19.4% below its estimated fair value. The current Return-on-Tangible-Asset is -0.95%. Kingmaker Footwear Holdings' overall GF Score™ is 44/100 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 Kingmaker Footwear Holdings (KMSWF), the current Return-on-Tangible-Asset is -0.95% as of Sep. 2025. 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 Kingmaker Footwear Holdings (KMSWF) Overvalued in 2026?
Based on GuruFocus' analysis, Kingmaker Footwear Holdings stock appears to be undervalued.
The current stock price of $0.04 is trading 19.4% below its estimated GF Value™ of $0.05.
Key valuation signals for KMSWF:
Return-on-Tangible-Asset: -0.95%
GF Value™: $0.05 vs. price of $0.04 (19.4% below fair value)
No single metric tells the full story. See the KMSWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kingmaker Footwear Holdings Ltd is a Hong Kong-based company involved in the footwear business. The company focuses on the production of athletic, lifestyle shoes, rugged footwear, and children's shoes. The firm has two operating segments, Manufacturing and sale of footwear products; and Property Investment. It derives a majority of its revenue from the Manufacturing and sale of footwear products. Geographically, the group has a business presence in the United States Asia, Europe, and Other countries, the firm generates the majority of its revenue from Other Countries.
44GF Score
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