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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Adnoc Logistics & ServicesADX:ADNOCLS +2.95%59 Return-on-Tangible-Asset is 35.01% as of Jun. 2026, which is 252% above its 10-year median of 9.96. GuruFocus rates ADX:ADNOCLS with a GF Score™ of 59/100 and a GF Value™ of د.إ8.62 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,018 Transportation companies, Adnoc Logistics & Services ranks better than 92.83% on this metric.
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. Adnoc Logistics & Services's annualizedNet Income for the quarter that ended in Jun. 2026 was د.إ13,470 Mil. Adnoc Logistics & Services's average total tangible assets for the quarter that ended in Jun. 2026 was د.إ38,478 Mil. Therefore, Adnoc Logistics & Services's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 35.01%.
The historical rank and industry rank for Adnoc Logistics & Services's Return-on-Tangible-Asset or its related term are showing as below:
ADX:ADNOCLS'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.05 Med: 9.96 Max: 15.41
Current: 15.41
During the past 5 years, Adnoc Logistics & Services's highest Return-on-Tangible-Asset was 15.41%. The lowest was 2.05%. And the median was 9.96%.
ADX:ADNOCLS's Return-on-Tangible-Asset is ranked better than 92.83% of 1018
companies
in the Transportation industry
Industry Median: 3.815
vs ADX:ADNOCLS: 15.41
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.
Adnoc Logistics & Services Return-on-Tangible-Asset Related Terms
Adnoc Logistics & Services Return-on-Tangible-Asset Historical 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.
For the Marine Shipping subindustry, Adnoc Logistics & Services'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.
Adnoc Logistics & Services Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Adnoc Logistics & Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Adnoc Logistics & Services'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 35.01% mean?
Adnoc Logistics & Services (ADX:ADNOCLS) has a Return-on-Tangible-Asset of 35.01% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Adnoc Logistics & Services and its competitors. This is 252% above median its historical median of 9.96. Over the past decade, Adnoc Logistics & Services' Return-on-Tangible-Asset has ranged from 2.05 to 15.41. According to the industry distribution chart, Adnoc Logistics & Services ranks #73 out of 1018 companies in the Transportation industry, placing it in the top 7.2%.
Is Adnoc Logistics & Services' Return-on-Tangible-Asset too high?
Adnoc Logistics & Services' current Return-on-Tangible-Asset of 35.01% is 252% above median its 10-year median of 9.96. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 15.41. The Transportation industry median Return-on-Tangible-Asset is 3.82. Adnoc Logistics & Services' value of 35.01% is 817.7% above this industry median. Based on the distribution chart, Adnoc Logistics & Services ranks #73 out of 1018 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Adnoc Logistics & Services has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adnoc Logistics & Services' Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, Adnoc Logistics & Services ranks #73 out of 1018 companies for Return-on-Tangible-Asset. This places Adnoc Logistics & Services in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.82. Adnoc Logistics & Services' value of 35.01% is 817.7% above this benchmark. Historically, Adnoc Logistics & Services' own Return-on-Tangible-Asset has ranged from 2.05 to 15.41 over the past decade. While the company's 10-year median is 9.96 vs. the industry median of 3.82, Adnoc Logistics & Services 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-Asset for a Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.82, based on 1,018 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. Adnoc Logistics & Services's current Return-on-Tangible-Asset of 35.01% is 817.7% 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-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 Adnoc Logistics & Services and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adnoc Logistics & Services's current Return-on-Tangible-Asset is 35.01%, which is 252% above median its own 10-year median of 9.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adnoc Logistics & Services stock overvalued right now?
Based on GuruFocus' analysis, Adnoc Logistics & Services (ADX:ADNOCLS) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ8.62, compared to a current price of د.إ7.34 — trading 14.8% below its estimated fair value. The current Return-on-Tangible-Asset is 35.01%, which is 252% above median its 10-year median of 9.96 and 817.7% above the Transportation industry median of 3.82. Adnoc Logistics & Services' overall GF Score™ is 59/100 with 4 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 Adnoc Logistics & Services (ADX:ADNOCLS), the current Return-on-Tangible-Asset is 35.01% as of Jun. 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 Adnoc Logistics & Services (ADX:ADNOCLS) Overvalued in 2026?
Based on GuruFocus' analysis, Adnoc Logistics & Services stock appears to be undervalued.
The current stock price of د.إ7.34 is trading 14.8% below its estimated GF Value™ of د.إ8.62.
GuruFocus considers Adnoc Logistics & Services to be Modestly Undervalued.
Key valuation signals for ADX:ADNOCLS:
Return-on-Tangible-Asset: 35.01% (252% above median its 10-year median of 9.96)
GF Value™: د.إ8.62 vs. price of د.إ7.34 (14.8% below fair value)
Industry Position: 817.7% above the Transportation median (#73 of 1018)
No single metric tells the full story. See the ADX:ADNOCLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adnoc Logistics & Services PLC is a fully integrated energy maritime logistics company that operates onshore and offshore energy-related logistics activities. Along with its subsidiaries, the company operates in the following divisions: Integrated Logistics, Shipping, Services, and Others. Maximum revenue is generated from the Integrated Logistics business, which comprises three operating segments: offshore contracting, offshore services, and offshore projects, which include engineering, procurement, and construction (EPC) and other projects. The Shipping business includes its tankers, gas carriers, and dry-bulk shipping (including containers) reportable segments; and the Services segment comprises the group's marine, onshore, pool management operations, and other services.
59GF Score
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