TPSRF (Topsports International Holdings) Return-on-Tangible-Asset: 6.87% (As of Feb. 2026) — 45% Below Median

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TPSRF Topsports International Holdings Ltd TPSRF
40 GF Score
Price $0.21
GF Value $0.35
Valuation Possible Value Trap
! 5 Warning Signs
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What is Topsports International Holdings Return-on-Tangible-Asset?

Topsports International Holdings TPSRF 40 Return-on-Tangible-Asset is 6.87% as of Feb. 2026, which is 45% below its 10-year median of 12.42. GuruFocus rates TPSRF with a GF Score™ of 40/100 and a GF Value™ of $0.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,130 Retail - Cyclical companies, Topsports International Holdings ranks better than 80% 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. Topsports International Holdings's annualized Net Income for the quarter that ended in Feb. 2026 was $138 Mil. Topsports International Holdings's average total tangible assets for the quarter that ended in Feb. 2026 was $2,013 Mil. Therefore, Topsports International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 6.87%.

The historical rank and industry rank for Topsports International Holdings's Return-on-Tangible-Asset or its related term are showing as below:

TPSRF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.08   Med: 12.42   Max: 15.39
Current: 9.08

During the past 10 years, Topsports International Holdings's highest Return-on-Tangible-Asset was 15.39%. The lowest was 9.08%. And the median was 12.42%.

TPSRF's Return-on-Tangible-Asset is ranked better than
80% of 1130 companies
in the Retail - Cyclical industry
Industry Median: 2.92 vs TPSRF: 9.08

Topsports International Holdings  (OTCPK:TPSRF) 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 company’s 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 company’s 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.


Topsports International Holdings Return-on-Tangible-Asset Related Terms


Topsports International Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Topsports International 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.

Topsports International Holdings Return-on-Tangible-Asset Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.82 10.88 14.73 9.36 9.67

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.60 12.82 5.90 10.89 6.87

TPSRF vs TJX, ROST, BURL: Return-on-Tangible-Asset Comparison

For the Apparel Retail subindustry, Topsports International 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.


Topsports International Holdings Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Topsports International Holdings's Return-on-Tangible-Asset falls into.


TPSRF
40GF Score
Topsports International Holdings Ltd TPSRF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Topsports International Holdings Return-on-Tangible-Asset Calculation

Topsports International Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2026 )  (A: Feb. 2025 )(A: Feb. 2026 )
=183.424/( (1905.12+1887.554)/ 2 )
=183.424/1896.337
=9.67 %

Topsports International Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=138.336/( (2137.535+1887.554)/ 2 )
=138.336/2012.5445
=6.87 %

* 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 two times the semi-annual (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 6.87% mean?
Topsports International Holdings (TPSRF) has a Return-on-Tangible-Asset of 6.87% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Topsports International Holdings and its competitors. This is 45% below median its historical median of 12.42. Over the past decade, Topsports International Holdings' Return-on-Tangible-Asset has ranged from 9.08 to 15.39. According to the industry distribution chart, Topsports International Holdings ranks #226 out of 1130 companies in the Retail - Cyclical industry, placing it in the top 20%.
Is Topsports International Holdings' Return-on-Tangible-Asset too high?
Topsports International Holdings' current Return-on-Tangible-Asset of 6.87% is 45% below median its 10-year median of 12.42. Over the past 10 years, this metric has ranged from a low of 9.08 to a high of 15.39. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.92. Topsports International Holdings' value of 6.87% is 135.3% above this industry median. Based on the distribution chart, Topsports International Holdings ranks #226 out of 1130 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Topsports International Holdings has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' Return-on-Tangible-Asset compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Topsports International Holdings ranks #226 out of 1130 companies for Return-on-Tangible-Asset. This places Topsports International Holdings in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.92. Topsports International Holdings' value of 6.87% is 135.3% above this benchmark. Historically, Topsports International Holdings' own Return-on-Tangible-Asset has ranged from 9.08 to 15.39 over the past decade. While the company's 10-year median is 12.42 vs. the industry median of 2.92, Topsports International 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 2.92, based on 1,130 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. Topsports International Holdings's current Return-on-Tangible-Asset of 6.87% is 135.3% 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 Topsports International Holdings 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. Topsports International Holdings's current Return-on-Tangible-Asset is 6.87%, which is 45% below median its own 10-year median of 12.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Based on GuruFocus' analysis, Topsports International Holdings (TPSRF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.35, compared to a current price of $0.21 — trading 40.6% below its estimated fair value. The current Return-on-Tangible-Asset is 6.87%, which is 45% below median its 10-year median of 12.42 and 135.3% above the Retail - Cyclical industry median of 2.92. Topsports International Holdings' overall GF Score™ is 40/100 with 5 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 Topsports International Holdings (TPSRF), the current Return-on-Tangible-Asset is 6.87% as of Feb. 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 Topsports International Holdings (TPSRF) Overvalued in 2026?

Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued. The current stock price of $0.21 is trading 40.6% below its estimated GF Value™ of $0.35. GuruFocus considers Topsports International Holdings to be Possible Value Trap.

Key valuation signals for TPSRF:

  • Return-on-Tangible-Asset: 6.87% (45% below median its 10-year median of 12.42)
  • GF Value™: $0.35 vs. price of $0.21 (40.6% below fair value)
  • GF Score™: 40/100 with 5 warning signs
  • Industry Position: 135.3% above the Retail - Cyclical median (#226 of 1130)

No single metric tells the full story. See the TPSRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topsports International Holdings Business Description

Other Exchanges 06110:Hong Kong
Address 30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
40GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.21
Price
$0.35
GF Value