Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. ACT Energy Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was $14.1 Mil. ACT Energy Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was $279.0 Mil. Therefore, ACT Energy Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 5.06%.
The historical rank and industry rank for ACT Energy Technologies's Return-on-Tangible-Asset or its related term are showing as below:
ACXAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -33.55 Med: -1.98 Max: 17.83
Current: 3.6
During the past 13 years, ACT Energy Technologies's highest Return-on-Tangible-Asset was 17.83%. The lowest was -33.55%. And the median was -1.98%.
ACXAF's Return-on-Tangible-Asset is ranked better than 59.1% of 1027
companies
in the Oil & Gas industry
Industry Median: 2.04
vs ACXAF: 3.60
ACT Energy Technologies (OTCPK:ACXAF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
ACT Energy Technologies Return-on-Tangible-Asset Related Terms
ACT Energy Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for ACT Energy Technologies's Return-on-Tangible-Asset 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.
ACT Energy Technologies Return-on-Tangible-Asset Chart
ACXAF vs NE, RIG, VAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Drilling subindustry, ACT Energy Technologies's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
ACT Energy Technologies Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ACT Energy Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where ACT Energy Technologies's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.06% mean?
ACT Energy Technologies (ACXAF) has a Return-on-Tangible-Asset of 5.06% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ACT Energy Technologies and its competitors. According to the industry distribution chart, ACT Energy Technologies ranks #420 out of 1027 companies in the Oil & Gas industry, placing it in the top 40.9%.
Is ACT Energy Technologies' Return-on-Tangible-Asset too high?
ACT Energy Technologies' current Return-on-Tangible-Asset is 5.06%. The Oil & Gas industry median Return-on-Tangible-Asset is 2.04. ACT Energy Technologies' value of 5.06% is 148% above this industry median. Based on the distribution chart, ACT Energy Technologies ranks #420 out of 1027 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ACT Energy Technologies has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACT Energy Technologies' Return-on-Tangible-Asset compare to NE and RIG?
According to the Oil & Gas industry distribution chart, ACT Energy Technologies ranks #420 out of 1027 companies for Return-on-Tangible-Asset. This puts ACT Energy Technologies in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.04. ACT Energy Technologies' value of 5.06% is 148% above this benchmark. 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-Asset for an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.04, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ACT Energy Technologies's current Return-on-Tangible-Asset of 5.06% is 148% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ACT Energy Technologies and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ACT Energy Technologies's current Return-on-Tangible-Asset is 5.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACT Energy Technologies stock overvalued right now?
Based on GuruFocus' analysis, ACT Energy Technologies (ACXAF) is currently considered Fairly Valued. The stock's GF Value™ is $4.09, compared to a current price of $4.11 — trading 0.4% above its estimated fair value. The current Return-on-Tangible-Asset is 5.06% and 148% above the Oil & Gas industry median of 2.04. ACT Energy Technologies' overall GF Score™ is 73/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For ACT Energy Technologies (ACXAF), the current Return-on-Tangible-Asset is 5.06% 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 ACT Energy Technologies (ACXAF) Overvalued in 2026?
Based on GuruFocus' analysis, ACT Energy Technologies stock appears to be overvalued.
The current stock price of $4.11 is trading 0.4% above its estimated GF Value™ of $4.09.
GuruFocus considers ACT Energy Technologies to be Fairly Valued.
Key valuation signals for ACXAF:
Return-on-Tangible-Asset: 5.06%
GF Value™: $4.09 vs. price of $4.11 (0.4% above fair value)
Industry Position: 148% above the Oil & Gas median (#420 of 1027)
No single metric tells the full story. See the ACXAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ACT Energy Technologies Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Company has two operating segments based on its geographic operating locations of Canada and U.S. and a non-operating segment, for joint corporate costs (Corporate services).
73GF Score
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