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Deckers OutdoorWBO:DECK +3.40%72 Return-on-Tangible-Asset is 14.12% as of Mar. 2026, which is 32% below its 10-year median of 20.65. GuruFocus rates WBO:DECK with a GF Score™ of 72/100 and a GF Value™ of €134.24 (Modestly Undervalued). Among 1,064 Manufacturing - Apparel & Accessories companies, Deckers Outdoor ranks better than 98.97% 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. Deckers Outdoor's annualizedNet Income for the quarter that ended in Mar. 2026 was €469 Mil. Deckers Outdoor's average total tangible assets for the quarter that ended in Mar. 2026 was €3,321 Mil. Therefore, Deckers Outdoor's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.12%.
The historical rank and industry rank for Deckers Outdoor's Return-on-Tangible-Asset or its related term are showing as below:
WBO:DECK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.52 Med: 20.65 Max: 29.12
Current: 27.18
During the past 13 years, Deckers Outdoor's highest Return-on-Tangible-Asset was 29.12%. The lowest was 0.52%. And the median was 20.65%.
WBO:DECK's Return-on-Tangible-Asset is ranked better than 98.97% of 1064
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.955
vs WBO:DECK: 27.18
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.
Deckers Outdoor Return-on-Tangible-Asset Related Terms
Deckers Outdoor Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Deckers Outdoor'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.
WBO:DECK vs ONON, BIRK, CROX: Return-on-Tangible-Asset Comparison
For the Footwear & Accessories subindustry, Deckers Outdoor'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.
Deckers Outdoor Return-on-Tangible-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Deckers Outdoor's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Deckers Outdoor'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 14.12% mean?
Deckers Outdoor (WBO:DECK) has a Return-on-Tangible-Asset of 14.12% 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 Deckers Outdoor and its competitors. This is 32% below median its historical median of 20.65. Over the past decade, Deckers Outdoor's Return-on-Tangible-Asset has ranged from 0.52 to 29.12. According to the industry distribution chart, Deckers Outdoor ranks #11 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 1%.
Is Deckers Outdoor's Return-on-Tangible-Asset too high?
Deckers Outdoor's current Return-on-Tangible-Asset of 14.12% is 32% below median its 10-year median of 20.65. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 29.12. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Asset is 1.96. Deckers Outdoor's value of 14.12% is 622.3% above this industry median. Based on the distribution chart, Deckers Outdoor ranks #11 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Deckers Outdoor has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deckers Outdoor's Return-on-Tangible-Asset compare to ONON and BIRK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Deckers Outdoor ranks #11 out of 1064 companies for Return-on-Tangible-Asset. This places Deckers Outdoor in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.96. Deckers Outdoor's value of 14.12% is 622.3% above this benchmark. Historically, Deckers Outdoor's own Return-on-Tangible-Asset has ranged from 0.52 to 29.12 over the past decade. While the company's 10-year median is 20.65 vs. the industry median of 1.96, Deckers Outdoor 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. Deckers Outdoor's current Return-on-Tangible-Asset of 14.12% is 622.3% 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 Deckers Outdoor 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. Deckers Outdoor's current Return-on-Tangible-Asset is 14.12%, which is 32% below median its own 10-year median of 20.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deckers Outdoor stock overvalued right now?
Based on GuruFocus' analysis, Deckers Outdoor (WBO:DECK) is currently considered Modestly Undervalued. The stock's GF Value™ is €134.24, compared to a current price of €95.44 — trading 28.9% below its estimated fair value. The current Return-on-Tangible-Asset is 14.12%, which is 32% below median its 10-year median of 20.65 and 622.3% above the Manufacturing - Apparel & Accessories industry median of 1.96. Deckers Outdoor's overall GF Score™ is 72/100. 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 Deckers Outdoor (WBO:DECK), the current Return-on-Tangible-Asset is 14.12% 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 Deckers Outdoor (WBO:DECK) Overvalued in 2026?
Based on GuruFocus' analysis, Deckers Outdoor stock appears to be undervalued.
The current stock price of €95.44 is trading 28.9% below its estimated GF Value™ of €134.24.
GuruFocus considers Deckers Outdoor to be Modestly Undervalued.
Key valuation signals for WBO:DECK:
Return-on-Tangible-Asset: 14.12% (32% below median its 10-year median of 20.65)
GF Value™: €134.24 vs. price of €95.44 (28.9% below fair value)
Industry Position: 622.3% above the Manufacturing - Apparel & Accessories median (#11 of 1064)
No single metric tells the full story. See the WBO:DECK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1973, California-based Deckers designs and sells casual and performance footwear, apparel, and accessories. In fiscal 2026, Ugg and Hoka accounted for 50% and 47% of total sales, respectively. The firm also markets a niche sandal brand Teva. Deckers produces most of its sales through wholesale partnerships but also operates e-commerce in more than 50 countries and has more than 200 company-operated stores, about half of which are outlets. The firm generated 58% of its fiscal 2026 sales in the United States.
72GF Score
Get the complete analysis for WBO:DECK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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