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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.
Deep Value Driller ASFRA:9YG +1.07%62 Return-on-Tangible-Asset is 9.79% as of Jun. 2026, which is 397% above its 10-year median of 1.97. GuruFocus rates FRA:9YG with a GF Score™ of 62/100 and a GF Value™ of €1.47 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,038 Oil & Gas companies, Deep Value Driller AS ranks better than 89.11% 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. Deep Value Driller AS's annualizedNet Income for the quarter that ended in Jun. 2026 was €14.92 Mil. Deep Value Driller AS's average total tangible assets for the quarter that ended in Jun. 2026 was €152.39 Mil. Therefore, Deep Value Driller AS's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 9.79%.
The historical rank and industry rank for Deep Value Driller AS's Return-on-Tangible-Asset or its related term are showing as below:
FRA:9YG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.97 Med: 1.97 Max: 17.83
Current: 13.01
During the past 5 years, Deep Value Driller AS's highest Return-on-Tangible-Asset was 17.83%. The lowest was -6.97%. And the median was 1.97%.
FRA:9YG's Return-on-Tangible-Asset is ranked better than 89.11% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.505
vs FRA:9YG: 13.01
Deep Value Driller AS (FRA:9YG) 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.
Deep Value Driller AS Return-on-Tangible-Asset Related Terms
Deep Value Driller AS Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Deep Value Driller AS'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.
Deep Value Driller AS Return-on-Tangible-Asset Chart
FRA:9YG vs NE, RIG, VAL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Drilling subindustry, Deep Value Driller AS'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.
Deep Value Driller AS Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Deep Value Driller AS's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Deep Value Driller AS'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 9.79% mean?
Deep Value Driller AS (FRA:9YG) has a Return-on-Tangible-Asset of 9.79% 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 Deep Value Driller AS and its competitors. This is 397% above median its historical median of 1.97. According to the industry distribution chart, Deep Value Driller AS ranks #113 out of 1038 companies in the Oil & Gas industry, placing it in the top 10.9%.
Is Deep Value Driller AS's Return-on-Tangible-Asset too high?
Deep Value Driller AS's current Return-on-Tangible-Asset of 9.79% is 397% above median its 10-year median of 1.97. The Oil & Gas industry median Return-on-Tangible-Asset is 2.51. Deep Value Driller AS's value of 9.79% is 290.8% above this industry median. Based on the distribution chart, Deep Value Driller AS ranks #113 out of 1038 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Deep Value Driller AS has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deep Value Driller AS's Return-on-Tangible-Asset compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Deep Value Driller AS ranks #113 out of 1038 companies for Return-on-Tangible-Asset. This places Deep Value Driller AS in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.51. Deep Value Driller AS's value of 9.79% is 290.8% above this benchmark. While the company's 10-year median is 1.97 vs. the industry median of 2.51, Deep Value Driller AS 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 2.51, based on 1,038 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. Deep Value Driller AS's current Return-on-Tangible-Asset of 9.79% is 290.8% 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 Deep Value Driller AS and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deep Value Driller AS's current Return-on-Tangible-Asset is 9.79%, which is 397% above median its own 10-year median of 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deep Value Driller AS stock overvalued right now?
Based on GuruFocus' analysis, Deep Value Driller AS (FRA:9YG) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.47, compared to a current price of €1.89 — trading 28.8% above its estimated fair value. The current Return-on-Tangible-Asset is 9.79%, which is 397% above median its 10-year median of 1.97 and 290.8% above the Oil & Gas industry median of 2.51. Deep Value Driller AS's overall GF Score™ is 62/100 with 8 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 Deep Value Driller AS (FRA:9YG), the current Return-on-Tangible-Asset is 9.79% 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 Deep Value Driller AS (FRA:9YG) Overvalued in 2026?
Based on GuruFocus' analysis, Deep Value Driller AS stock appears to be overvalued.
The current stock price of €1.89 is trading 28.8% above its estimated GF Value™ of €1.47.
GuruFocus considers Deep Value Driller AS to be Modestly Overvalued.
Key valuation signals for FRA:9YG:
Return-on-Tangible-Asset: 9.79% (397% above median its 10-year median of 1.97)
GF Value™: €1.47 vs. price of €1.89 (28.8% above fair value)
Industry Position: 290.8% above the Oil & Gas median (#113 of 1038)
No single metric tells the full story. See the FRA:9YG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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