Gildan Activewear (FRA:VGA) ROCE %: -0.57% (As of Mar. 2026)


FRA:VGA Gildan Activewear Inc FRA:VGA
88 GF Score
Price €45.40
GF Value €54.03
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Gildan Activewear ROCE %?

Gildan Activewear FRA:VGA +1.79% 88 ROCE % is -0.57% as of Mar. 2026. GuruFocus rates FRA:VGA with a GF Score™ of 88/100 and a GF Value™ of €54.03 (Modestly Undervalued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Gildan Activewear's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.57%.

Gildan Activewear  (FRA:VGA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Gildan Activewear ROCE % Related Terms

Gildan Activewear ROCE % Historical Data

* Premium members only.

The historical data trend for Gildan Activewear's ROCE % 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.

Gildan Activewear ROCE % Chart

Gildan Activewear Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.97 22.44 21.91 21.58 10.29

Gildan Activewear Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.77 22.09 23.81 6.63 -0.57
FRA:VGA
88GF Score
Gildan Activewear Inc FRA:VGA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gildan Activewear ROCE % Calculation

Gildan Activewear's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=503.034/( ( (3547.942 - 799.803) + (8937.312 - 1909.25) )/ 2 )
=503.034/( (2748.139+7028.062)/ 2 )
=503.034/4888.1005
=10.29 %

Gildan Activewear's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-40.652/( ( (8937.312 - 1909.25) + (9059.33 - 1773.785) )/ 2 )
=-40.652/( ( 7028.062 + 7285.545 )/ 2 )
=-40.652/7156.8035
=-0.57 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.57% mean?
Gildan Activewear (FRA:VGA) has a ROCE % of -0.57% as of Mar. 2026.
Is Gildan Activewear's ROCE % too high?
Gildan Activewear's current ROCE % is -0.57%. Overall, Gildan Activewear has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gildan Activewear's ROCE % compare to RL and LEVI?
Gildan Activewear's ROCE % of -0.57% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.21, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gildan Activewear's current ROCE % is -0.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gildan Activewear stock overvalued right now?
Based on GuruFocus' analysis, Gildan Activewear (FRA:VGA) is currently considered Modestly Undervalued. The stock's GF Value™ is €54.03, compared to a current price of €45.40 — trading 16% below its estimated fair value. The current ROCE % is -0.57%. Gildan Activewear's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Gildan Activewear (FRA:VGA), the current ROCE % is -0.57% 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 Gildan Activewear (FRA:VGA) Overvalued in 2026?

Based on GuruFocus' analysis, Gildan Activewear stock appears to be undervalued. The current stock price of €45.40 is trading 16% below its estimated GF Value™ of €54.03. GuruFocus considers Gildan Activewear to be Modestly Undervalued.

Key valuation signals for FRA:VGA:

  • ROCE %: -0.57%
  • GF Value™: €54.03 vs. price of €45.40 (16% below fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the FRA:VGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gildan Activewear Business Description

Address 600 de Maisonneuve Boulevard West, 33rd Floor, Suite 3300, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. It is a leader in blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels, a business that has been greatly enhanced by the Hanesbrands acquisition. Gildan's brands include Hanes, Bali, Maidenform, Playtex, Gildan, American Apparel, Comfort Colors, and Goldtoe. Gildan produces most of its clothing at factories in Latin America but has been ramping up production at its new facility in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generated 90% of its sales in the US in 2025.
88GF Score

Get the complete analysis for FRA:VGA

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€45.40
Price
€54.03
GF Value