White Energy CoASX:WEC +2.63%28 Return-on-Tangible-Asset is -26.54% as of Dec. 2025. GuruFocus rates ASX:WEC with a GF Score™ of 28/100. The stock has 5 warning signs investors should review. Among 185 Other Energy Sources companies, White Energy Co ranks worse than 80.54% 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. White Energy Co's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-3.90 Mil. White Energy Co's average total tangible assets for the quarter that ended in Dec. 2025 was A$14.70 Mil. Therefore, White Energy Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -26.54%.
The historical rank and industry rank for White Energy Co's Return-on-Tangible-Asset or its related term are showing as below:
ASX:WEC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -182.69 Med: -59.19 Max: -24.65
Current: -25.99
During the past 13 years, White Energy Co's highest Return-on-Tangible-Asset was -24.65%. The lowest was -182.69%. And the median was -59.19%.
ASX:WEC's Return-on-Tangible-Asset is ranked worse than 80.54% of 185
companies
in the Other Energy Sources industry
Industry Median: -0.61
vs ASX:WEC: -25.99
White Energy Co (ASX:WEC) 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.
White Energy Co Return-on-Tangible-Asset Related Terms
White Energy Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for White Energy Co'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:WEC vs CNR: Return-on-Tangible-Asset Comparison
For the Thermal Coal subindustry, White Energy Co'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.
White Energy Co Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, White Energy Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where White Energy Co'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 -26.54% mean?
White Energy Co (ASX:WEC) has a Return-on-Tangible-Asset of -26.54% 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 White Energy Co and its competitors. According to the industry distribution chart, White Energy Co ranks #149 out of 185 companies in the Other Energy Sources industry, placing it in the top 80.5%.
Is White Energy Co's Return-on-Tangible-Asset too high?
White Energy Co's current Return-on-Tangible-Asset is -26.54%. Based on the distribution chart, White Energy Co ranks #149 out of 185 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, White Energy Co has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does White Energy Co's Return-on-Tangible-Asset compare to CNR?
According to the Other Energy Sources industry distribution chart, White Energy Co ranks #149 out of 185 companies for Return-on-Tangible-Asset. This places White Energy Co in the lower half of its industry. 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 Other Energy Sources company?
A good Return-on-Tangible-Asset depends on the Other Energy Sources industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 White Energy Co and its competitors. White Energy Co's current Return-on-Tangible-Asset is -26.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Energy Co stock overvalued right now?
White Energy Co (ASX:WEC) has a current Return-on-Tangible-Asset of -26.54%. The current Return-on-Tangible-Asset is -26.54%. White Energy Co's overall GF Score™ is 28/100 with 5 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 White Energy Co (ASX:WEC), the current Return-on-Tangible-Asset is -26.54% 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.
White Energy Co Ltd engages in the development and exploitation of coal technology. It operates through two main business segments: coal technology and mining exploration. The coal technology segment holds an exclusive license for a binderless coal briquetting process that upgrades lower-quality coal into higher-value briquettes suitable for power generation. The mining exploration segment focuses on exploring mineral deposits such as copper, gold, and rare earth elements across various regions in Australia. The company generates maximum revenue from the Coal Technology in Australia segment. White Energy emphasizes innovation through the use of geochemical and geophysical techniques in mineral exploration.
28GF Score
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