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Sports Gear CoTPE:6768 -1.13%89 Return-on-Tangible-Equity is 7.95% as of Dec. 2025, which is 16% below its 10-year median of 9.51. GuruFocus rates TPE:6768 with a GF Score™ of 89/100 and a GF Value™ of NT$105.86 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,014 Manufacturing - Apparel & Accessories companies, Sports Gear Co ranks better than 68.15% 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. Sports Gear Co's annualized net income for the quarter that ended in Dec. 2025 was NT$1,163 Mil. Sports Gear Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was NT$14,630 Mil. Therefore, Sports Gear Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.95%.
The historical rank and industry rank for Sports Gear Co's Return-on-Tangible-Equity or its related term are showing as below:
TPE:6768'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.74 Med: 9.51 Max: 24.04
Current: 9.09
During the past 9 years, Sports Gear Co's highest Return-on-Tangible-Equity was 24.04%. The lowest was 3.74%. And the median was 9.51%.
TPE:6768's Return-on-Tangible-Equity is ranked better than 68.15% of 1014
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs TPE:6768: 9.09
Sports Gear Co (TPE:6768) 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.
Sports Gear Co Return-on-Tangible-Equity Related Terms
Sports Gear Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sports Gear Co'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.
TPE:6768 vs NKE, DECK, ONON: Return-on-Tangible-Equity Comparison
For the Footwear & Accessories subindustry, Sports Gear Co'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.
Sports Gear Co Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sports Gear Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sports Gear Co'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 (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 7.95% mean?
Sports Gear Co (TPE:6768) has a Return-on-Tangible-Equity of 7.95% 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 Sports Gear Co and its competitors. This is 16% below median its historical median of 9.51. Over the past decade, Sports Gear Co's Return-on-Tangible-Equity has ranged from 3.74 to 24.04. According to the industry distribution chart, Sports Gear Co ranks #323 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 31.9%.
Is Sports Gear Co's Return-on-Tangible-Equity too high?
Sports Gear Co's current Return-on-Tangible-Equity of 7.95% is 16% below median its 10-year median of 9.51. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 24.04. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Sports Gear Co's value of 7.95% is 79.5% above this industry median. Based on the distribution chart, Sports Gear Co ranks #323 out of 1014 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Sports Gear Co has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sports Gear Co's Return-on-Tangible-Equity compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sports Gear Co ranks #323 out of 1014 companies for Return-on-Tangible-Equity. This puts Sports Gear Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Sports Gear Co's value of 7.95% is 79.5% above this benchmark. Historically, Sports Gear Co's own Return-on-Tangible-Equity has ranged from 3.74 to 24.04 over the past decade. While the company's 10-year median is 9.51 vs. the industry median of 4.43, Sports Gear Co 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 4.43, based on 1,014 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. Sports Gear Co's current Return-on-Tangible-Equity of 7.95% is 79.5% 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 Sports Gear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sports Gear Co's current Return-on-Tangible-Equity is 7.95%, which is 16% below median its own 10-year median of 9.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sports Gear Co stock overvalued right now?
Based on GuruFocus' analysis, Sports Gear Co (TPE:6768) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$105.86, compared to a current price of NT$70.20 — trading 33.7% below its estimated fair value. The current Return-on-Tangible-Equity is 7.95%, which is 16% below median its 10-year median of 9.51 and 79.5% above the Manufacturing - Apparel & Accessories industry median of 4.43. Sports Gear Co's overall GF Score™ is 89/100 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 Sports Gear Co (TPE:6768), the current Return-on-Tangible-Equity is 7.95% 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 Sports Gear Co (TPE:6768) Overvalued in 2026?
Based on GuruFocus' analysis, Sports Gear Co stock appears to be undervalued.
The current stock price of NT$70.20 is trading 33.7% below its estimated GF Value™ of NT$105.86.
GuruFocus considers Sports Gear Co to be Significantly Undervalued.
Key valuation signals for TPE:6768:
Return-on-Tangible-Equity: 7.95% (16% below median its 10-year median of 9.51)
GF Value™: NT$105.86 vs. price of NT$70.20 (33.7% below fair value)
Industry Position: 79.5% above the Manufacturing - Apparel & Accessories median (#323 of 1014)
No single metric tells the full story. See the TPE:6768 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sports Gear Co Ltd is engaged in the manufacturing, import, and export of shoes and other sports-related products. The company produces and sells Casual shoes, Sports Shoes and others. Geographically the company generates revenue from America, Europe, Asia, China, Taiwan, and Others. The company generates majority of its revenue from America.
89GF Score
Get the complete analysis for TPE:6768
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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