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Canada Goose HoldingsTSX:GOOS -1.41%81 Return-on-Tangible-Asset is 7.13% as of Mar. 2026, which is 3% below its 10-year median of 7.34. GuruFocus rates TSX:GOOS with a GF Score™ of 81/100 and a GF Value™ of C$19.24 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, Canada Goose Holdings ranks worse than 53.1% 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. Canada Goose Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was C$112 Mil. Canada Goose Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was C$1,575 Mil. Therefore, Canada Goose Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.13%.
The historical rank and industry rank for Canada Goose Holdings's Return-on-Tangible-Asset or its related term are showing as below:
TSX:GOOS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.51 Med: 7.34 Max: 33.72
Current: 1.54
During the past 12 years, Canada Goose Holdings's highest Return-on-Tangible-Asset was 33.72%. The lowest was 1.51%. And the median was 7.34%.
TSX:GOOS's Return-on-Tangible-Asset is ranked worse than 53.1% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.955
vs TSX:GOOS: 1.54
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.
Canada Goose Holdings Return-on-Tangible-Asset Related Terms
Canada Goose Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Canada Goose 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.
TSX:GOOS vs RL, LEVI, VFC: Return-on-Tangible-Asset Comparison
For the Apparel Manufacturing subindustry, Canada Goose 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.
Canada Goose Holdings Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Canada Goose Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Canada Goose 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.13% mean?
Canada Goose Holdings (TSX:GOOS) has a Return-on-Tangible-Asset of 7.13% 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 Canada Goose Holdings and its competitors. This is near median its historical median of 7.34. Over the past decade, Canada Goose Holdings' Return-on-Tangible-Asset has ranged from 1.51 to 33.72. According to the industry distribution chart, Canada Goose Holdings ranks #565 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.1%.
Is Canada Goose Holdings' Return-on-Tangible-Asset too high?
Canada Goose Holdings' current Return-on-Tangible-Asset of 7.13% is near median its 10-year median of 7.34. Over the past 10 years, this metric has ranged from a low of 1.51 to a high of 33.72. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.96. Canada Goose Holdings' value of 7.13% is 264.7% above this industry median. Based on the distribution chart, Canada Goose Holdings ranks #565 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Canada Goose Holdings has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canada Goose Holdings' Return-on-Tangible-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Canada Goose Holdings ranks #565 out of 1064 companies for Return-on-Tangible-Asset. This places Canada Goose Holdings in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.96. Canada Goose Holdings' value of 7.13% is 264.7% above this benchmark. Historically, Canada Goose Holdings' own Return-on-Tangible-Asset has ranged from 1.51 to 33.72 over the past decade. While the company's 10-year median is 7.34 vs. the industry median of 1.96, Canada Goose 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 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. Canada Goose Holdings's current Return-on-Tangible-Asset of 7.13% is 264.7% 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 Canada Goose Holdings 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. Canada Goose Holdings's current Return-on-Tangible-Asset is 7.13%, which is near median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Goose Holdings stock overvalued right now?
Based on GuruFocus' analysis, Canada Goose Holdings (TSX:GOOS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$19.24, compared to a current price of C$13.30 — trading 30.9% below its estimated fair value. The current Return-on-Tangible-Asset is 7.13%, which is near median its 10-year median of 7.34 and 264.7% above the Manufacturing - Apparel & Accessories industry median of 1.96. Canada Goose Holdings' overall GF Score™ is 81/100 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 Canada Goose Holdings (TSX:GOOS), the current Return-on-Tangible-Asset is 7.13% 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 Canada Goose Holdings (TSX:GOOS) Overvalued in 2026?
Based on GuruFocus' analysis, Canada Goose Holdings stock appears to be undervalued.
The current stock price of C$13.30 is trading 30.9% below its estimated GF Value™ of C$19.24.
GuruFocus considers Canada Goose Holdings to be Significantly Undervalued.
Key valuation signals for TSX:GOOS:
Return-on-Tangible-Asset: 7.13% (near median its 10-year median of 7.34)
GF Value™: C$19.24 vs. price of C$13.30 (30.9% below fair value)
Industry Position: 264.7% above the Manufacturing - Apparel & Accessories median (#565 of 1064)
No single metric tells the full story. See the TSX:GOOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canada Goose Holdings Inc is a Canada-based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale; Direct to Consumer (DTC), and Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in luxury shopping locations. The Wholesale segment comprises sales made to a mix of retailers and international distributors, who are partners that have exclusive rights to an entire market, and travel retail locations. Geographically, it has a presence in Canada, the United States, North America, Greater China, Asia-Pacific, and Europe, the Middle East, and Africa.
81GF Score
Get the complete analysis for TSX:GOOS
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