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.
Sports Gear CoTPE:6768 -0.72%88 Return-on-Tangible-Asset is 4.18% as of Mar. 2026, which is 33% below its 10-year median of 6.22. GuruFocus rates TPE:6768 with a GF Score™ of 88/100 and a GF Value™ of NT$103.99 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Sports Gear Co ranks better than 77.36% 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. Sports Gear Co's annualizedNet Income for the quarter that ended in Mar. 2026 was NT$962 Mil. Sports Gear Co's average total tangible assets for the quarter that ended in Mar. 2026 was NT$23,002 Mil. Therefore, Sports Gear Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.18%.
The historical rank and industry rank for Sports Gear Co's Return-on-Tangible-Asset or its related term are showing as below:
TPE:6768'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.4 Med: 6.22 Max: 17
Current: 4.69
During the past 9 years, Sports Gear Co's highest Return-on-Tangible-Asset was 17.00%. The lowest was 2.40%. And the median was 6.22%.
TPE:6768's Return-on-Tangible-Asset is ranked better than 77.36% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2
vs TPE:6768: 4.69
Sports Gear Co (TPE:6768) 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.
Sports Gear Co Return-on-Tangible-Asset Related Terms
Sports Gear Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Sports Gear Co'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.
TPE:6768 vs NKE, DECK, ONON: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Sports Gear Co'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.
Sports Gear Co Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sports Gear Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sports Gear Co'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 4.18% mean?
Sports Gear Co (TPE:6768) has a Return-on-Tangible-Asset of 4.18% 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 Sports Gear Co and its competitors. This is 33% below median its historical median of 6.22. Over the past decade, Sports Gear Co's Return-on-Tangible-Asset has ranged from 2.40 to 17.00. According to the industry distribution chart, Sports Gear Co ranks #242 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.6%.
Is Sports Gear Co's Return-on-Tangible-Asset too high?
Sports Gear Co's current Return-on-Tangible-Asset of 4.18% is 33% below median its 10-year median of 6.22. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 17.00. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 2.00. Sports Gear Co's value of 4.18% is 109% above this industry median. Based on the distribution chart, Sports Gear Co ranks #242 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Sports Gear Co has a GF Score™ of 88/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sports Gear Co's Return-on-Tangible-Asset compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sports Gear Co ranks #242 out of 1069 companies for Return-on-Tangible-Asset. This places Sports Gear Co in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.00. Sports Gear Co's value of 4.18% is 109% above this benchmark. Historically, Sports Gear Co's own Return-on-Tangible-Asset has ranged from 2.40 to 17.00 over the past decade. While the company's 10-year median is 6.22 vs. the industry median of 2.00, Sports Gear Co 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Asset among Manufacturing - Apparel & Accessories companies is 2.00, based on 1,069 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. Sports Gear Co's current Return-on-Tangible-Asset of 4.18% is 109% 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 Sports Gear Co 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. Sports Gear Co's current Return-on-Tangible-Asset is 4.18%, which is 33% below median its own 10-year median of 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sports Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Sports Gear Co (TPE:6768) is currently considered Possible Value Trap. The stock's GF Value™ is NT$103.99, compared to a current price of NT$69.00 — trading 33.6% below its estimated fair value. The current Return-on-Tangible-Asset is 4.18%, which is 33% below median its 10-year median of 6.22 and 109% above the Manufacturing - Apparel & Accessories industry median of 2.00. Sports Gear Co's overall GF Score™ is 88/100 with 6 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 Sports Gear Co (TPE:6768), the current Return-on-Tangible-Asset is 4.18% 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 Sports Gear Co (TPE:6768) Overvalued in 2026?
Based on GuruFocus' analysis, Sports Gear Co stock appears to be undervalued.
The current stock price of NT$69.00 is trading 33.6% below its estimated GF Value™ of NT$103.99.
GuruFocus considers Sports Gear Co to be Possible Value Trap.
Key valuation signals for TPE:6768:
Return-on-Tangible-Asset: 4.18% (33% below median its 10-year median of 6.22)
GF Value™: NT$103.99 vs. price of NT$69.00 (33.6% below fair value)
Industry Position: 109% above the Manufacturing - Apparel & Accessories median (#242 of 1069)
No single metric tells the full story. See the TPE:6768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sports Gear Co Ltd is engaged in the manufacturing, import, and export of shoes and other sports-related products. The company produces and sells Casual shoes, Sports Shoes and others. Geographically the company generates revenue from America, Europe, Asia, China, Taiwan, and Others. The company generates majority of its revenue from America.
88GF Score
Get the complete analysis for TPE:6768
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
TPE:6768 has been successfully added to your 
