LPPLPPSY +0.84%97 Return-on-Tangible-Equity is 37.22% as of Apr. 2026, which is 66% above its 10-year median of 22.36. GuruFocus rates LPPSY with a GF Score™ of 97/100 and a GF Value™ of $23.41. The stock has 1 warning sign investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, LPP ranks better than 93.61% 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. LPP's annualized net income for the quarter that ended in Apr. 2026 was $517 Mil. LPP's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $1,389 Mil. Therefore, LPP's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 37.22%.
The historical rank and industry rank for LPP's Return-on-Tangible-Equity or its related term are showing as below:
LPPSY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.91 Med: 22.36 Max: 41.62
Current: 34.67
During the past 13 years, LPP's highest Return-on-Tangible-Equity was 41.62%. The lowest was -6.91%. And the median was 22.36%.
LPPSY's Return-on-Tangible-Equity is ranked better than 93.61% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.47
vs LPPSY: 34.67
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.
LPP Return-on-Tangible-Equity Related Terms
LPP Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for LPP'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.
LPPSY vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, LPP'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.
LPP Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LPP's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where LPP'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 four times the quarterly (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 37.22% mean?
LPP (LPPSY) has a Return-on-Tangible-Equity of 37.22% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on LPP and its competitors. This is 66% above median its historical median of 22.36. According to the industry distribution chart, LPP ranks #65 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.4%.
Is LPP's Return-on-Tangible-Equity too high?
LPP's current Return-on-Tangible-Equity of 37.22% is 66% above median its 10-year median of 22.36. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.47. LPP's value of 37.22% is 732.7% above this industry median. Based on the distribution chart, LPP ranks #65 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, LPP has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does LPP's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, LPP ranks #65 out of 1017 companies for Return-on-Tangible-Equity. This places LPP in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.47. LPP's value of 37.22% is 732.7% above this benchmark. While the company's 10-year median is 22.36 vs. the industry median of 4.47, LPP 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. LPP's current Return-on-Tangible-Equity of 37.22% is 732.7% 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-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 LPP 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. LPP's current Return-on-Tangible-Equity is 37.22%, which is 66% above median its own 10-year median of 22.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPP stock overvalued right now?
LPP (LPPSY) has a current Return-on-Tangible-Equity of 37.22%. The stock's GF Value™ is $23.41, compared to a current price of $20.41 — trading 12.8% below its estimated fair value. The current Return-on-Tangible-Equity is 37.22%, which is 66% above median its 10-year median of 22.36 and 732.7% above the Manufacturing - Apparel & Accessories industry median of 4.47. LPP's overall GF Score™ is 97/100 with 1 warning sign 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 LPP (LPPSY), the current Return-on-Tangible-Equity is 37.22% as of Apr. 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 LPP (LPPSY) Overvalued in 2026?
Based on GuruFocus' analysis, LPP stock appears to be undervalued.
The current stock price of $20.41 is trading 12.8% below its estimated GF Value™ of $23.41.
Key valuation signals for LPPSY:
Return-on-Tangible-Equity: 37.22% (66% above median its 10-year median of 22.36)
GF Value™: $23.41 vs. price of $20.41 (12.8% below fair value)
Industry Position: 732.7% above the Manufacturing - Apparel & Accessories median (#65 of 1017)
No single metric tells the full story. See the LPPSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LPP SA makes and sells clothing, footwear, bags, and accessories in Central and Eastern Europe. LPP has nearly 1,500 company-branded retail stores, which serve as the company's primary sales channel. Brands include Reserved, Cropp, House, Mohito, and Sinsay. Reserved stores account for roughly half of the company's sales volume. Geographically, most sales are in Poland, and Poland and Russia account for more than 80% of total sales. LPP purchases most of its materials in Asia, and the company's manufacturers are primarily located in China.
97GF Score
Get the complete analysis for LPPSY
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
LPPSY has been successfully added to your 
