Borouge (ADX:BOROUGE) Return-on-Tangible-Asset: 7.34% (As of Mar. 2026) — 43% Below Median

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ADX:BOROUGE Borouge PLC ADX:BOROUGE
53 GF Score
Price د.إ2.41
GF Value د.إ5.71
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Borouge Return-on-Tangible-Asset?

Borouge ADX:BOROUGE +0.42% 53 Return-on-Tangible-Asset is 7.34% as of Mar. 2026, which is 43% below its 10-year median of 12.83. GuruFocus rates ADX:BOROUGE with a GF Score™ of 53/100 and a GF Value™ of د.إ5.71 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,612 Chemicals companies, Borouge ranks better than 89.39% 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. Borouge's annualized Net Income for the quarter that ended in Mar. 2026 was د.إ2,273 Mil. Borouge's average total tangible assets for the quarter that ended in Mar. 2026 was د.إ30,970 Mil. Therefore, Borouge's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.34%.

The historical rank and industry rank for Borouge's Return-on-Tangible-Asset or its related term are showing as below:

ADX:BOROUGE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.43   Med: 12.83   Max: 14.02
Current: 11.37

During the past 5 years, Borouge's highest Return-on-Tangible-Asset was 14.02%. The lowest was 10.43%. And the median was 12.83%.

ADX:BOROUGE's Return-on-Tangible-Asset is ranked better than
89.39% of 1612 companies
in the Chemicals industry
Industry Median: 3.07 vs ADX:BOROUGE: 11.37

Borouge  (ADX:BOROUGE) 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 company’s 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 company’s 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.


Borouge Return-on-Tangible-Asset Related Terms


Borouge Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Borouge'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.

Borouge Return-on-Tangible-Asset Chart

Borouge Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
0.00 0.00 10.43 14.02 12.83

Borouge Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 12.68 8.81 14.06 15.80 7.34

ADX:BOROUGE vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison

For the Specialty Chemicals subindustry, Borouge'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.


Borouge Return-on-Tangible-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borouge's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Borouge's Return-on-Tangible-Asset falls into.


ADX:BOROUGE
53GF Score
Borouge PLC ADX:BOROUGE
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Borouge Return-on-Tangible-Asset Calculation

Borouge's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=4000.008/( (31664.404+30706.538)/ 2 )
=4000.008/31185.471
=12.83 %

Borouge's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2272.604/( (30706.538+31232.528)/ 2 )
=2272.604/30969.533
=7.34 %

* 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 7.34% mean?
Borouge (ADX:BOROUGE) has a Return-on-Tangible-Asset of 7.34% 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 Borouge and its competitors. This is 43% below median its historical median of 12.83. Over the past decade, Borouge's Return-on-Tangible-Asset has ranged from 10.43 to 14.02. According to the industry distribution chart, Borouge ranks #171 out of 1612 companies in the Chemicals industry, placing it in the top 10.6%.
Is Borouge's Return-on-Tangible-Asset too high?
Borouge's current Return-on-Tangible-Asset of 7.34% is 43% below median its 10-year median of 12.83. Over the past 10 years, this metric has ranged from a low of 10.43 to a high of 14.02. The Chemicals industry median Return-on-Tangible-Asset is 3.07. Borouge's value of 7.34% is 139.1% above this industry median. Based on the distribution chart, Borouge ranks #171 out of 1612 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Borouge has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borouge's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Borouge ranks #171 out of 1612 companies for Return-on-Tangible-Asset. This places Borouge in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.07. Borouge's value of 7.34% is 139.1% above this benchmark. Historically, Borouge's own Return-on-Tangible-Asset has ranged from 10.43 to 14.02 over the past decade. While the company's 10-year median is 12.83 vs. the industry median of 3.07, Borouge 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.07, based on 1,612 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. Borouge's current Return-on-Tangible-Asset of 7.34% is 139.1% 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 Borouge and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borouge's current Return-on-Tangible-Asset is 7.34%, which is 43% below median its own 10-year median of 12.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borouge stock overvalued right now?
Based on GuruFocus' analysis, Borouge (ADX:BOROUGE) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ5.71, compared to a current price of د.إ2.41 — trading 57.8% below its estimated fair value. The current Return-on-Tangible-Asset is 7.34%, which is 43% below median its 10-year median of 12.83 and 139.1% above the Chemicals industry median of 3.07. Borouge's overall GF Score™ is 53/100 with 2 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 Borouge (ADX:BOROUGE), the current Return-on-Tangible-Asset is 7.34% 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 Borouge (ADX:BOROUGE) Overvalued in 2026?

Based on GuruFocus' analysis, Borouge stock appears to be undervalued. The current stock price of د.إ2.41 is trading 57.8% below its estimated GF Value™ of د.إ5.71. GuruFocus considers Borouge to be Significantly Undervalued.

Key valuation signals for ADX:BOROUGE:

  • Return-on-Tangible-Asset: 7.34% (43% below median its 10-year median of 12.83)
  • GF Value™: د.إ5.71 vs. price of د.إ2.41 (57.8% below fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 139.1% above the Chemicals median (#171 of 1612)

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


Borouge Business Description

Address El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE
Borouge PLC is a petrochemical company that provides solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare. Geographically, the company derives maximum revenue from PRC and has a presence in India, United Arab Emirates, Austria, Egypt, Pakistan, Vietnam, Saudi Arabia, and other countries.
53GF Score

Get the complete analysis for ADX:BOROUGE

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ2.41
Price
د.إ5.71
GF Value