Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
VFMEX:VFC 62 Return-on-Tangible-Asset is -6.21% as of Mar. 2026. GuruFocus rates MEX:VFC with a GF Score™ of 62/100 and a GF Value™ of MXN259.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, VF ranks better than 61% 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. VF's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN-8,604 Mil. VF's average total tangible assets for the quarter that ended in Mar. 2026 was MXN138,565 Mil. Therefore, VF's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.21%.
The historical rank and industry rank for VF's Return-on-Tangible-Asset or its related term are showing as below:
MEX:VFC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.81 Med: 5.11 Max: 19.04
Current: 3.31
During the past 13 years, VF's highest Return-on-Tangible-Asset was 19.04%. The lowest was -10.81%. And the median was 5.11%.
MEX:VFC's Return-on-Tangible-Asset is ranked better than 61% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.955
vs MEX:VFC: 3.31
VF (MEX:VFC) Return-on-Tangible-Asset Explanation
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.
VF Return-on-Tangible-Asset Related Terms
VF Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for VF'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.
MEX:VFC vs KTB, LEVI, ZGN: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, VF'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.
VF Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VF's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where VF'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 -6.21% mean?
VF (MEX:VFC) has a Return-on-Tangible-Asset of -6.21% 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 VF and its competitors. According to the industry distribution chart, VF ranks #415 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 39%.
Is VF's Return-on-Tangible-Asset too high?
VF's current Return-on-Tangible-Asset is -6.21%. Based on the distribution chart, VF ranks #415 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, VF has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does VF's Return-on-Tangible-Asset compare to KTB and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VF ranks #415 out of 1064 companies for Return-on-Tangible-Asset. This puts VF in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.96. 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 1.96, based on 1,064 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 VF and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Asset is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VF's current Return-on-Tangible-Asset is -6.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VF stock overvalued right now?
Based on GuruFocus' analysis, VF (MEX:VFC) is currently considered Fairly Valued. The stock's GF Value™ is MXN259.40, compared to a current price of MXN278.01 — trading 7.2% above its estimated fair value. The current Return-on-Tangible-Asset is -6.21%. VF's overall GF Score™ is 62/100 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 VF (MEX:VFC), the current Return-on-Tangible-Asset is -6.21% 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 VF (MEX:VFC) Overvalued in 2026?
Based on GuruFocus' analysis, VF stock appears to be overvalued.
The current stock price of MXN278.01 is trading 7.2% above its estimated GF Value™ of MXN259.40.
GuruFocus considers VF to be Fairly Valued.
Key valuation signals for MEX:VFC:
Return-on-Tangible-Asset: -6.21%
GF Value™: MXN259.40 vs. price of MXN278.01 (7.2% above fair value)
No single metric tells the full story. See the MEX:VFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of 10 brands includes Vans, The North Face, Timberland, and Altra. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. Tracing its roots to 1899, the company has evolved through many brand acquisitions and divestitures.
62GF Score
Get the complete analysis for MEX:VFC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:VFC has been successfully added to your 
