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Boot Barn HoldingsSTU:OBB +2.70%34 Return-on-Tangible-Asset is 12.47% as of Jun. 2026, which is 14% above its 10-year median of 10.93. GuruFocus rates STU:OBB with a GF Score™ of 34/100 and a GF Value™ of €157.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Boot Barn Holdings ranks better than 85.31% 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. Boot Barn Holdings's annualizedNet Income for the quarter that ended in Jun. 2026 was €243 Mil. Boot Barn Holdings's average total tangible assets for the quarter that ended in Jun. 2026 was €1,952 Mil. Therefore, Boot Barn Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.47%.
The historical rank and industry rank for Boot Barn Holdings's Return-on-Tangible-Asset or its related term are showing as below:
STU:OBB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.82 Med: 10.93 Max: 23.81
Current: 11.57
During the past 13 years, Boot Barn Holdings's highest Return-on-Tangible-Asset was 23.81%. The lowest was 4.82%. And the median was 10.93%.
STU:OBB's Return-on-Tangible-Asset is ranked better than 85.31% of 1137
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs STU:OBB: 11.57
Boot Barn Holdings (STU:OBB) 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.
Boot Barn Holdings Return-on-Tangible-Asset Related Terms
Boot Barn Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Boot Barn Holdings'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.
STU:OBB vs ANF, URBN, AEO: Return-on-Tangible-Asset Comparison
For the Apparel Retail subindustry, Boot Barn 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.
Boot Barn Holdings Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Boot Barn Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Boot Barn 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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 12.47% mean?
Boot Barn Holdings (STU:OBB) has a Return-on-Tangible-Asset of 12.47% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Boot Barn Holdings and its competitors. This is 14% above median its historical median of 10.93. Over the past decade, Boot Barn Holdings' Return-on-Tangible-Asset has ranged from 4.82 to 23.81. According to the industry distribution chart, Boot Barn Holdings ranks #167 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 14.7%.
Is Boot Barn Holdings' Return-on-Tangible-Asset too high?
Boot Barn Holdings' current Return-on-Tangible-Asset of 12.47% is 14% above median its 10-year median of 10.93. Over the past 10 years, this metric has ranged from a low of 4.82 to a high of 23.81. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Boot Barn Holdings' value of 12.47% is 325.6% above this industry median. Based on the distribution chart, Boot Barn Holdings ranks #167 out of 1137 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Boot Barn Holdings has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Boot Barn Holdings' Return-on-Tangible-Asset compare to ANF and URBN?
According to the Retail - Cyclical industry distribution chart, Boot Barn Holdings ranks #167 out of 1137 companies for Return-on-Tangible-Asset. This places Boot Barn Holdings in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.93. Boot Barn Holdings' value of 12.47% is 325.6% above this benchmark. Historically, Boot Barn Holdings' own Return-on-Tangible-Asset has ranged from 4.82 to 23.81 over the past decade. While the company's 10-year median is 10.93 vs. the industry median of 2.93, Boot Barn Holdings 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 2.93, based on 1,137 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. Boot Barn Holdings's current Return-on-Tangible-Asset of 12.47% is 325.6% 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 Boot Barn Holdings and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boot Barn Holdings's current Return-on-Tangible-Asset is 12.47%, which is 14% above median its own 10-year median of 10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boot Barn Holdings stock overvalued right now?
Based on GuruFocus' analysis, Boot Barn Holdings (STU:OBB) is currently considered Modestly Undervalued. The stock's GF Value™ is €157.61, compared to a current price of €135.20 — trading 14.2% below its estimated fair value. The current Return-on-Tangible-Asset is 12.47%, which is 14% above median its 10-year median of 10.93 and 325.6% above the Retail - Cyclical industry median of 2.93. Boot Barn Holdings' overall GF Score™ is 34/100 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 Boot Barn Holdings (STU:OBB), the current Return-on-Tangible-Asset is 12.47% as of Jun. 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 Boot Barn Holdings (STU:OBB) Overvalued in 2026?
Based on GuruFocus' analysis, Boot Barn Holdings stock appears to be undervalued.
The current stock price of €135.20 is trading 14.2% below its estimated GF Value™ of €157.61.
GuruFocus considers Boot Barn Holdings to be Modestly Undervalued.
Key valuation signals for STU:OBB:
Return-on-Tangible-Asset: 12.47% (14% above median its 10-year median of 10.93)
GF Value™: €157.61 vs. price of €135.20 (14.2% below fair value)
Industry Position: 325.6% above the Retail - Cyclical median (#167 of 1137)
No single metric tells the full story. See the STU:OBB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Boot Barn Holdings Inc operates specialty retail stores that sell western and work boots and related apparel and accessories. The Company operates retail locations throughout the U.S. and sells its merchandise via the Internet. The Company operates a total of approximately 539 stores in 49 states. All stores operated under the Boot Barn name.
34GF Score
Get the complete analysis for STU:OBB
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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