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Lululemon AthleticaLTS:0JVT -1.48%77 Return-on-Tangible-Asset is 9.40% as of Apr. 2026, which is 58% below its 10-year median of 22.27. GuruFocus rates LTS:0JVT with a GF Score™ of 77/100 and a GF Value™ of $360.90 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,134 Retail - Cyclical companies, Lululemon Athletica ranks better than 94.36% 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. Lululemon Athletica's annualizedNet Income for the quarter that ended in Apr. 2026 was $780 Mil. Lululemon Athletica's average total tangible assets for the quarter that ended in Apr. 2026 was $8,304 Mil. Therefore, Lululemon Athletica's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2026 was 9.40%.
The historical rank and industry rank for Lululemon Athletica's Return-on-Tangible-Asset or its related term are showing as below:
LTS:0JVT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.34 Med: 22.27 Max: 25.03
Current: 18.73
During the past 13 years, Lululemon Athletica's highest Return-on-Tangible-Asset was 25.03%. The lowest was 14.34%. And the median was 22.27%.
LTS:0JVT's Return-on-Tangible-Asset is ranked better than 94.36% of 1134
companies
in the Retail - Cyclical industry
Industry Median: 2.92
vs LTS:0JVT: 18.73
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.
Lululemon Athletica Return-on-Tangible-Asset Related Terms
Lululemon Athletica Return-on-Tangible-Asset Historical Data
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The historical data trend for Lululemon Athletica'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.
LTS:0JVT vs GAP, VSXY, BURL: Return-on-Tangible-Asset Comparison
For the Apparel Retail subindustry, Lululemon Athletica'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.
Lululemon Athletica Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lululemon Athletica'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 9.40% mean?
Lululemon Athletica (LTS:0JVT) has a Return-on-Tangible-Asset of 9.40% 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 Lululemon Athletica and its competitors. This is 58% below median its historical median of 22.27. Over the past decade, Lululemon Athletica's Return-on-Tangible-Asset has ranged from 14.34 to 25.03. According to the industry distribution chart, Lululemon Athletica ranks #64 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 5.6%.
Is Lululemon Athletica's Return-on-Tangible-Asset too high?
Lululemon Athletica's current Return-on-Tangible-Asset of 9.40% is 58% below median its 10-year median of 22.27. Over the past 10 years, this metric has ranged from a low of 14.34 to a high of 25.03. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.92. Lululemon Athletica's value of 9.40% is 221.9% above this industry median. Based on the distribution chart, Lululemon Athletica ranks #64 out of 1134 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Lululemon Athletica has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lululemon Athletica's Return-on-Tangible-Asset compare to GAP and VSXY?
According to the Retail - Cyclical industry distribution chart, Lululemon Athletica ranks #64 out of 1134 companies for Return-on-Tangible-Asset. This places Lululemon Athletica in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.92. Lululemon Athletica's value of 9.40% is 221.9% above this benchmark. Historically, Lululemon Athletica's own Return-on-Tangible-Asset has ranged from 14.34 to 25.03 over the past decade. While the company's 10-year median is 22.27 vs. the industry median of 2.92, Lululemon Athletica 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 2.92, based on 1,134 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. Lululemon Athletica's current Return-on-Tangible-Asset of 9.40% is 221.9% 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 Lululemon Athletica and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lululemon Athletica's current Return-on-Tangible-Asset is 9.40%, which is 58% below median its own 10-year median of 22.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lululemon Athletica stock overvalued right now?
Based on GuruFocus' analysis, Lululemon Athletica (LTS:0JVT) is currently considered Significantly Undervalued. The stock's GF Value™ is $360.90, compared to a current price of $116.93 — trading 67.6% below its estimated fair value. The current Return-on-Tangible-Asset is 9.40%, which is 58% below median its 10-year median of 22.27 and 221.9% above the Retail - Cyclical industry median of 2.92. Lululemon Athletica's overall GF Score™ is 77/100 with 1 warning sign 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 Lululemon Athletica (LTS:0JVT), the current Return-on-Tangible-Asset is 9.40% 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 Lululemon Athletica (LTS:0JVT) Overvalued in 2026?
Based on GuruFocus' analysis, Lululemon Athletica stock appears to be undervalued.
The current stock price of $116.93 is trading 67.6% below its estimated GF Value™ of $360.90.
GuruFocus considers Lululemon Athletica to be Significantly Undervalued.
Key valuation signals for LTS:0JVT:
Return-on-Tangible-Asset: 9.40% (58% below median its 10-year median of 22.27)
GF Value™: $360.90 vs. price of $116.93 (67.6% below fair value)
Industry Position: 221.9% above the Retail - Cyclical median (#64 of 1134)
No single metric tells the full story. See the LTS:0JVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. The company offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. Lululemon also sells fitness accessories, such as bags, yoga mats, and equipment. It sells its products through digital channels, a small number of wholesale partners, more than 800 company-owned stores in about two dozen countries in North America, Asia, and Western Europe, and about 45 franchised locations in the Middle East and Europe. The company was founded in 1998 and is based in Vancouver, Canada.
77GF Score
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