Globe InternationalASX:GLB +2.26%71 Return-on-Tangible-Equity is 8.99% as of Dec. 2025, which is 42% below its 10-year median of 15.49. GuruFocus rates ASX:GLB with a GF Score™ of 71/100 and a GF Value™ of A$2.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Globe International ranks better than 73.06% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Globe International's annualized net income for the quarter that ended in Dec. 2025 was A$6.8 Mil. Globe International's average shareholder tangible equity for the quarter that ended in Dec. 2025 was A$76.0 Mil. Therefore, Globe International's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.99%.
The historical rank and industry rank for Globe International's Return-on-Tangible-Equity or its related term are showing as below:
ASX:GLB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.13 Med: 15.49 Max: 58
Current: 11
During the past 13 years, Globe International's highest Return-on-Tangible-Equity was 58.00%. The lowest was 2.13%. And the median was 15.49%.
ASX:GLB's Return-on-Tangible-Equity is ranked better than 73.06% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.47
vs ASX:GLB: 11.00
Globe International (ASX:GLB) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Globe International Return-on-Tangible-Equity Related Terms
Globe International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Globe International's Return-on-Tangible-Equity 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.
Globe International Return-on-Tangible-Equity Chart
ASX:GLB vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Globe International's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Globe International Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Globe International's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 8.99% mean?
Globe International (ASX:GLB) has a Return-on-Tangible-Equity of 8.99% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Globe International and its competitors. This is 42% below median its historical median of 15.49. Over the past decade, Globe International's Return-on-Tangible-Equity has ranged from 2.13 to 58.00. According to the industry distribution chart, Globe International ranks #274 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.9%.
Is Globe International's Return-on-Tangible-Equity too high?
Globe International's current Return-on-Tangible-Equity of 8.99% is 42% below median its 10-year median of 15.49. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 58.00. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.47. Globe International's value of 8.99% is 101.1% above this industry median. Based on the distribution chart, Globe International ranks #274 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Globe International has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globe International's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globe International ranks #274 out of 1017 companies for Return-on-Tangible-Equity. This puts Globe International in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.47. Globe International's value of 8.99% is 101.1% above this benchmark. Historically, Globe International's own Return-on-Tangible-Equity has ranged from 2.13 to 58.00 over the past decade. While the company's 10-year median is 15.49 vs. the industry median of 4.47, Globe International 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-Equity for a Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.47, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe International's current Return-on-Tangible-Equity of 8.99% is 101.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Globe International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe International's current Return-on-Tangible-Equity is 8.99%, which is 42% below median its own 10-year median of 15.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe International stock overvalued right now?
Based on GuruFocus' analysis, Globe International (ASX:GLB) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.64, compared to a current price of A$2.26 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Equity is 8.99%, which is 42% below median its 10-year median of 15.49 and 101.1% above the Manufacturing - Apparel & Accessories industry median of 4.47. Globe International's overall GF Score™ is 71/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Globe International (ASX:GLB), the current Return-on-Tangible-Equity is 8.99% as of Dec. 2025. 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 Globe International (ASX:GLB) Overvalued in 2026?
Based on GuruFocus' analysis, Globe International stock appears to be undervalued.
The current stock price of A$2.26 is trading 14.4% below its estimated GF Value™ of A$2.64.
GuruFocus considers Globe International to be Modestly Undervalued.
Key valuation signals for ASX:GLB:
Return-on-Tangible-Equity: 8.99% (42% below median its 10-year median of 15.49)
GF Value™: A$2.64 vs. price of A$2.26 (14.4% below fair value)
Industry Position: 101.1% above the Manufacturing - Apparel & Accessories median (#274 of 1017)
No single metric tells the full story. See the ASX:GLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Globe International Ltd is an Australia-based company that operates in the apparel business. The company is engaged in the production and distribution of purpose-built apparel, footwear, and hard goods for the board sports, street fashion, and workwear markets. Its geographical segments include Australasia, North America, and Europe. The company derives a majority of its revenue from Australasia.
71GF Score
Get the complete analysis for ASX:GLB
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:GLB has been successfully added to your 
