BW OffshoreBWOSF 65 Return-on-Tangible-Asset is 2.30% as of Dec. 2025, which is 5% below its 10-year median of 2.43. GuruFocus rates BWOSF with a GF Score™ of 65/100 and a GF Value™ of $3.37. The stock has 4 warning signs investors should review. Among 1,027 Oil & Gas companies, BW Offshore ranks better than 56.28% 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. BW Offshore's annualizedNet Income for the quarter that ended in Dec. 2025 was $95.2 Mil. BW Offshore's average total tangible assets for the quarter that ended in Dec. 2025 was $4,137.3 Mil. Therefore, BW Offshore's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 2.30%.
The historical rank and industry rank for BW Offshore's Return-on-Tangible-Asset or its related term are showing as below:
BWOSF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.45 Med: 2.43 Max: 4.28
Current: 3.17
During the past 13 years, BW Offshore's highest Return-on-Tangible-Asset was 4.28%. The lowest was -9.45%. And the median was 2.43%.
BWOSF's Return-on-Tangible-Asset is ranked better than 56.28% of 1027
companies
in the Oil & Gas industry
Industry Median: 2.04
vs BWOSF: 3.17
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.
BW Offshore Return-on-Tangible-Asset Related Terms
BW Offshore Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BW Offshore'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.
BWOSF vs SLB, BKR, HAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, BW Offshore'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.
BW Offshore Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, BW Offshore's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BW Offshore'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 2.30% mean?
BW Offshore (BWOSF) has a Return-on-Tangible-Asset of 2.30% 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 BW Offshore and its competitors. This is near median its historical median of 2.43. According to the industry distribution chart, BW Offshore ranks #449 out of 1027 companies in the Oil & Gas industry, placing it in the top 43.7%.
Is BW Offshore's Return-on-Tangible-Asset too high?
BW Offshore's current Return-on-Tangible-Asset of 2.30% is near median its 10-year median of 2.43. The Oil & Gas industry median Return-on-Tangible-Asset is 2.04. BW Offshore's value of 2.30% is 12.7% above this industry median. Based on the distribution chart, BW Offshore ranks #449 out of 1027 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, BW Offshore has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does BW Offshore's Return-on-Tangible-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, BW Offshore ranks #449 out of 1027 companies for Return-on-Tangible-Asset. This puts BW Offshore in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.04. BW Offshore's value of 2.30% is 12.7% above this benchmark. While the company's 10-year median is 2.43 vs. the industry median of 2.04, BW Offshore 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 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. BW Offshore's current Return-on-Tangible-Asset of 2.30% is 12.7% 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 BW Offshore 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. BW Offshore's current Return-on-Tangible-Asset is 2.30%, which is near median its own 10-year median of 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BW Offshore stock overvalued right now?
BW Offshore (BWOSF) has a current Return-on-Tangible-Asset of 2.30%. The stock's GF Value™ is $3.37, compared to a current price of $5.31 — trading 57.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.30%, which is near median its 10-year median of 2.43 and 12.7% above the Oil & Gas industry median of 2.04. BW Offshore's overall GF Score™ is 65/100 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 BW Offshore (BWOSF), the current Return-on-Tangible-Asset is 2.30% 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 BW Offshore (BWOSF) Overvalued in 2026?
Based on GuruFocus' analysis, BW Offshore stock appears to be overvalued.
The current stock price of $5.31 is trading 57.6% above its estimated GF Value™ of $3.37.
Key valuation signals for BWOSF:
Return-on-Tangible-Asset: 2.30% (near median its 10-year median of 2.43)
GF Value™: $3.37 vs. price of $5.31 (57.6% above fair value)
Industry Position: 12.7% above the Oil & Gas median (#449 of 1027)
No single metric tells the full story. See the BWOSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BW Offshore Ltd is a holding company. It is engaged in developing, owning, and operating oil and gas Floating Production, Storage, and Offloading vessels (FPSO) and Floating, Storage and Offloading (FSO) vessels. The company's main activities are engineering, procurement, construction, and installation, as well as lease and operation services for FPSOs. The operating segment of the company is FPSO and Floating Wind, of which the majority of its revenue is from the FPSO segment. Geographically, the company operates in Americas, Europe/Africa, Asia and the Pacific.
65GF Score
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