TapestryTPR +0.15%74 Return-on-Tangible-Asset is 28.54% as of Mar. 2026, which is 131% above its 10-year median of 12.35. GuruFocus rates TPR with a GF Score™ of 74/100 and a GF Value™ of $76.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,129 Retail - Cyclical companies, Tapestry ranks better than 89.55% 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. Tapestry's annualizedNet Income for the quarter that ended in Mar. 2026 was $1,375 Mil. Tapestry's average total tangible assets for the quarter that ended in Mar. 2026 was $4,818 Mil. Therefore, Tapestry's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 28.54%.
The historical rank and industry rank for Tapestry's Return-on-Tangible-Asset or its related term are showing as below:
TPR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14.67 Med: 12.35 Max: 20.38
Current: 13.84
During the past 13 years, Tapestry's highest Return-on-Tangible-Asset was 20.38%. The lowest was -14.67%. And the median was 12.35%.
TPR's Return-on-Tangible-Asset is ranked better than 89.55% of 1129
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs TPR: 13.84
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.
Tapestry Return-on-Tangible-Asset Related Terms
Tapestry Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Tapestry'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.
TPR vs SIG, CPRI, REAL: Return-on-Tangible-Asset Comparison
For the Luxury Goods subindustry, Tapestry'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.
Tapestry Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Tapestry's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Tapestry'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 28.54% mean?
Tapestry (TPR) has a Return-on-Tangible-Asset of 28.54% 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 Tapestry and its competitors. This is 131% above median its historical median of 12.35. According to the industry distribution chart, Tapestry ranks #118 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 10.5%.
Is Tapestry's Return-on-Tangible-Asset too high?
Tapestry's current Return-on-Tangible-Asset of 28.54% is 131% above median its 10-year median of 12.35. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Tapestry's value of 28.54% is 874.1% above this industry median. Based on the distribution chart, Tapestry ranks #118 out of 1129 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tapestry has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tapestry's Return-on-Tangible-Asset compare to SIG and CPRI?
According to the Retail - Cyclical industry distribution chart, Tapestry ranks #118 out of 1129 companies for Return-on-Tangible-Asset. This places Tapestry in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.93. Tapestry's value of 28.54% is 874.1% above this benchmark. While the company's 10-year median is 12.35 vs. the industry median of 2.93, Tapestry 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 1,129 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. Tapestry's current Return-on-Tangible-Asset of 28.54% is 874.1% 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 Tapestry 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. Tapestry's current Return-on-Tangible-Asset is 28.54%, which is 131% above median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tapestry stock overvalued right now?
Based on GuruFocus' analysis, Tapestry (TPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $76.95, compared to a current price of $144.21 — trading 87.4% above its estimated fair value. The current Return-on-Tangible-Asset is 28.54%, which is 131% above median its 10-year median of 12.35 and 874.1% above the Retail - Cyclical industry median of 2.93. Tapestry's overall GF Score™ is 74/100 with 3 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 Tapestry (TPR), the current Return-on-Tangible-Asset is 28.54% 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 Tapestry (TPR) Overvalued in 2026?
Based on GuruFocus' analysis, Tapestry stock appears to be overvalued.
The current stock price of $144.21 is trading 87.4% above its estimated GF Value™ of $76.95.
GuruFocus considers Tapestry to be Significantly Overvalued.
Key valuation signals for TPR:
Return-on-Tangible-Asset: 28.54% (131% above median its 10-year median of 12.35)
GF Value™: $76.95 vs. price of $144.21 (87.4% above fair value)
Industry Position: 874.1% above the Retail - Cyclical median (#118 of 1129)
No single metric tells the full story. See the TPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in New York City, Tapestry is the parent company of accessories and fashion brand Coach, which accounted for 80% of its revenue and well over 90% of its operating profit in fiscal 2025. Handbags accounted for 58% of the brand's fiscal 2025 revenue. Coach products are sold through more than 950 company-owned stores, company-operated digital channels, and wholesale partners in North America, Asia, and Europe. Tapestry also owns Kate Spade (17% of fiscal 2025 revenue), which operates about 335 worldwide stores and generated 52% of its sales from handbags in fiscal 2025. Kate Spade is known for its colorful patterns and graphics. Tapestry sold its smallest brand, luxury footwear maker Stuart Weitzman, to Caleres in August 2025.
74GF Score
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