Topsports International Holdings (MEX:6110N) ROE %: 10.56% (As of Feb. 2026) — 59% Below Median


MEX:6110N Topsports International Holdings Ltd MEX:6110N
84 GF Score
Price MXN11.75
GF Value MXN15.03
! 6 Warning Signs
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What is Topsports International Holdings ROE %?

Topsports International Holdings MEX:6110N 84 ROE % is 10.56% as of Feb. 2026, which is 59% below its 10-year median of 25.66. GuruFocus rates MEX:6110N with a GF Score™ of 84/100 and a GF Value™ of MXN15.03. The stock has 6 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Topsports International Holdings ranks better than 71.74% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Topsports International Holdings's annualized net income for the quarter that ended in Feb. 2026 was MXN2,382 Mil. Topsports International Holdings's average Total Stockholders Equity over the quarter that ended in Feb. 2026 was MXN22,549 Mil. Therefore, Topsports International Holdings's annualized ROE % for the quarter that ended in Feb. 2026 was 10.56%.

The historical rank and industry rank for Topsports International Holdings's ROE % or its related term are showing as below:

MEX:6110N' s ROE % Range Over the Past 10 Years
Min: 13.49   Med: 25.66   Max: 73.73
Current: 14.38

During the past 10 years, Topsports International Holdings's highest ROE % was 73.73%. The lowest was 13.49%. And the median was 25.66%.

MEX:6110N's ROE % is ranked better than
71.74% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 6.46 vs MEX:6110N: 14.38

Topsports International Holdings  (MEX:6110N) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=2382.234/22548.5015
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2382.234 / 67030.174)*(67030.174 / 39060.085)*(39060.085 / 22548.5015)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.55 %*1.7161*1.7323
=ROA %*Equity Multiplier
=6.09 %*1.7323
=10.56 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=2382.234/22548.5015
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2382.234 / 2604.15) * (2604.15 / 3319.768) * (3319.768 / 67030.174) * (67030.174 / 39060.085) * (39060.085 / 22548.5015)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9148 * 0.7844 * 4.95 % * 1.7161 * 1.7323
=10.56 %

Note: The net income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Topsports International Holdings ROE % Related Terms


Topsports International Holdings ROE % Historical Data

* Premium members only.

The historical data trend for Topsports International Holdings's ROE % 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.

Topsports International Holdings ROE % Chart

Topsports International Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.03 16.31 21.10 14.84 13.42

Topsports International Holdings Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
ROE % 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 17.84 19.45 8.98 16.88 10.56

MEX:6110N vs TJX, ROST, BURL: ROE % Comparison

For the Apparel Retail subindustry, Topsports International Holdings's ROE %, along with its competitors' market caps and ROE % 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.


Topsports International Holdings ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Topsports International Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Topsports International Holdings's ROE % falls into.


MEX:6110N
84GF Score
Topsports International Holdings Ltd MEX:6110N
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Topsports International Holdings ROE % Calculation

Topsports International Holdings's annualized ROE % for the fiscal year that ended in Feb. 2026 is calculated as

ROE %=Net Income (A: Feb. 2026 )/( (Total Stockholders Equity (A: Feb. 2025 )+Total Stockholders Equity (A: Feb. 2026 ))/ count )
=3158.691/( (25563.766+21498.447)/ 2 )
=3158.691/23531.1065
=13.42 %

Topsports International Holdings's annualized ROE % for the quarter that ended in Feb. 2026 is calculated as

ROE %=Net Income (Q: Feb. 2026 )/( (Total Stockholders Equity (Q: Aug. 2025 )+Total Stockholders Equity (Q: Feb. 2026 ))/ count )
=2382.234/( (23598.556+21498.447)/ 2 )
=2382.234/22548.5015
=10.56 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Feb. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.56% mean?
Topsports International Holdings (MEX:6110N) has a ROE % of 10.56% as of Feb. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Topsports International Holdings and its competitors. This is 59% below median its historical median of 25.66. Over the past decade, Topsports International Holdings' ROE % has ranged from 13.49 to 73.73. According to the industry distribution chart, Topsports International Holdings ranks #310 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 28.3%.
Is Topsports International Holdings' ROE % too high?
Topsports International Holdings' current ROE % of 10.56% is 59% below median its 10-year median of 25.66. Over the past 10 years, this metric has ranged from a low of 13.49 to a high of 73.73. The Retail - Cyclical industry median ROE % is 6.46. Topsports International Holdings' value of 10.56% is 63.5% above this industry median. Based on the distribution chart, Topsports International Holdings ranks #310 out of 1097 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Topsports International Holdings has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Topsports International Holdings' ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Topsports International Holdings ranks #310 out of 1097 companies for ROE %. This puts Topsports International Holdings in the upper half of its industry. The industry median ROE % is 6.46. Topsports International Holdings' value of 10.56% is 63.5% above this benchmark. Historically, Topsports International Holdings' own ROE % has ranged from 13.49 to 73.73 over the past decade. While the company's 10-year median is 25.66 vs. the industry median of 6.46, Topsports International Holdings 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 ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Topsports International Holdings's current ROE % of 10.56% is 63.5% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Topsports International Holdings and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topsports International Holdings's current ROE % is 10.56%, which is 59% below median its own 10-year median of 25.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topsports International Holdings stock overvalued right now?
Topsports International Holdings (MEX:6110N) has a current ROE % of 10.56%. The stock's GF Value™ is MXN15.03, compared to a current price of MXN11.75 — trading 21.8% below its estimated fair value. The current ROE % is 10.56%, which is 59% below median its 10-year median of 25.66 and 63.5% above the Retail - Cyclical industry median of 6.46. Topsports International Holdings' overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Topsports International Holdings (MEX:6110N), the current ROE % is 10.56% as of Feb. 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 Topsports International Holdings (MEX:6110N) Overvalued in 2026?

Based on GuruFocus' analysis, Topsports International Holdings stock appears to be undervalued. The current stock price of MXN11.75 is trading 21.8% below its estimated GF Value™ of MXN15.03.

Key valuation signals for MEX:6110N:

  • ROE %: 10.56% (59% below median its 10-year median of 25.66)
  • GF Value™: MXN15.03 vs. price of MXN11.75 (21.8% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 63.5% above the Retail - Cyclical median (#310 of 1097)

No single metric tells the full story. See the MEX:6110N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Topsports International Holdings Business Description

Other Exchanges TPSRF:USA06110:Hong Kong
Address 30-34 Kwai Wing Road, M1, 6th Floor, The Edge, Kwai Chung, Kowloon, New Territories, Hong Kong, HKG
Topsports is the largest sportswear retailer in China, generating the majority of its revenue from selling products of international sportswear brands. The business operates as an intermediary between brand owners and consumers. The firm operates more than 4,000 stores directly as of the end of fiscal 2026, and most of these single-brand stores have been opened under the names of sportswear brands that it partners with, such as Nike and Adidas. Topsports also has partnerships with sportswear brands such as Puma, Li-Ning, Asics, and The North Face. While most of Topsports' sales take place in stores, the firm also operates online shops under the Topsports brand on major e-commerce platforms such as Alibaba and JD.com.
84GF Score

Get the complete analysis for MEX:6110N

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

MXN11.75
Price
MXN15.03
GF Value