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Genesis EnergyASX:GNE -0.46%70 Return-on-Tangible-Asset is 3.12% as of Dec. 2025, which is 11% above its 10-year median of 2.81. GuruFocus rates ASX:GNE with a GF Score™ of 70/100 and a GF Value™ of A$1.82 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Genesis Energy ranks better than 65.48% 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. Genesis Energy's annualizedNet Income for the quarter that ended in Dec. 2025 was A$166 Mil. Genesis Energy's average total tangible assets for the quarter that ended in Dec. 2025 was A$5,301 Mil. Therefore, Genesis Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 3.12%.
The historical rank and industry rank for Genesis Energy's Return-on-Tangible-Asset or its related term are showing as below:
ASX:GNE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.51 Med: 2.81 Max: 5.23
Current: 3.32
During the past 12 years, Genesis Energy's highest Return-on-Tangible-Asset was 5.23%. The lowest was 0.51%. And the median was 2.81%.
ASX:GNE's Return-on-Tangible-Asset is ranked better than 65.48% of 449
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29
vs ASX:GNE: 3.32
Genesis Energy (ASX:GNE) 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.
Genesis Energy Return-on-Tangible-Asset Related Terms
Genesis Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Genesis Energy'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.
ASX:GNE vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Genesis Energy'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.
Genesis Energy Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Genesis Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Genesis Energy'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.12% mean?
Genesis Energy (ASX:GNE) has a Return-on-Tangible-Asset of 3.12% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Genesis Energy and its competitors. This is 11% above median its historical median of 2.81. Over the past decade, Genesis Energy's Return-on-Tangible-Asset has ranged from 0.51 to 5.23. According to the industry distribution chart, Genesis Energy ranks #155 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.5%.
Is Genesis Energy's Return-on-Tangible-Asset too high?
Genesis Energy's current Return-on-Tangible-Asset of 3.12% is 11% above median its 10-year median of 2.81. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 5.23. The Utilities - Independent Power Producers industry median Return-on-Tangible-Asset is 1.29. Genesis Energy's value of 3.12% is 141.9% above this industry median. Based on the distribution chart, Genesis Energy ranks #155 out of 449 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Genesis Energy has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genesis Energy's Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Genesis Energy ranks #155 out of 449 companies for Return-on-Tangible-Asset. This puts Genesis Energy in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.29. Genesis Energy's value of 3.12% is 141.9% above this benchmark. Historically, Genesis Energy's own Return-on-Tangible-Asset has ranged from 0.51 to 5.23 over the past decade. While the company's 10-year median is 2.81 vs. the industry median of 1.29, Genesis Energy 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 an Utilities - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.29, based on 449 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. Genesis Energy's current Return-on-Tangible-Asset of 3.12% is 141.9% 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 Genesis Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Energy's current Return-on-Tangible-Asset is 3.12%, which is 11% above median its own 10-year median of 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Energy stock overvalued right now?
Based on GuruFocus' analysis, Genesis Energy (ASX:GNE) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.82, compared to a current price of A$2.17 — trading 19.2% above its estimated fair value. The current Return-on-Tangible-Asset is 3.12%, which is 11% above median its 10-year median of 2.81 and 141.9% above the Utilities - Independent Power Producers industry median of 1.29. Genesis Energy's overall GF Score™ is 70/100 with 9 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 Genesis Energy (ASX:GNE), the current Return-on-Tangible-Asset is 3.12% as of Dec. 2025. 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 Genesis Energy (ASX:GNE) Overvalued in 2026?
Based on GuruFocus' analysis, Genesis Energy stock appears to be overvalued.
The current stock price of A$2.17 is trading 19.2% above its estimated GF Value™ of A$1.82.
GuruFocus considers Genesis Energy to be Modestly Overvalued.
Key valuation signals for ASX:GNE:
Return-on-Tangible-Asset: 3.12% (11% above median its 10-year median of 2.81)
GF Value™: A$1.82 vs. price of A$2.17 (19.2% above fair value)
Industry Position: 141.9% above the Utilities - Independent Power Producers median (#155 of 449)
No single metric tells the full story. See the ASX:GNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Genesis Energy is one of New Zealand's leading producers of electricity, accounting for more than 15% of the country's total generation. The firm enjoys a strong retail presence, with the highest retail market share, at over 25%. The company has a mix of renewable and thermal assets, with the latter accounting for about 55%-60% of the firm's overall production. The company has a 46% interest in the Kupe oil and gas field.
70GF Score
Get the complete analysis for ASX:GNE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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