LNG Energy Group (FRA:E26) Return-on-Tangible-Asset: -5.94% (As of Sep. 2024)

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What is LNG Energy Group Return-on-Tangible-Asset?

LNG Energy Group FRA:E26 Return-on-Tangible-Asset is -5.94% as of Sep. 2024.

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. LNG Energy Group's annualized Net Income for the quarter that ended in Sep. 2024 was €-11.28 Mil. LNG Energy Group's average total tangible assets for the quarter that ended in Sep. 2024 was €189.93 Mil. Therefore, LNG Energy Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -5.94%.

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

FRA:E26's Return-on-Tangible-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 2.07
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

LNG Energy Group  (FRA:E26) 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.


LNG Energy Group Return-on-Tangible-Asset Related Terms


LNG Energy Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for LNG Energy Group'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.

LNG Energy Group Return-on-Tangible-Asset Chart

LNG Energy Group Annual Data
Trend May22 May23
Return-on-Tangible-Asset
-157.29 -10.46

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Return-on-Tangible-Asset Get a 7-Day Free Trial -57.19 -57.70 -26.83 -9.33 -5.94

FRA:E26 vs ALTX, CRCE, FECOF: Return-on-Tangible-Asset Comparison

For the Oil & Gas E&P subindustry, LNG Energy Group'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.


LNG Energy Group Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, LNG Energy Group's Return-on-Tangible-Asset distribution charts can be found below:

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



LNG Energy Group Return-on-Tangible-Asset Calculation

LNG Energy Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=-0.62/( (6.72+5.135)/ 2 )
=-0.62/5.9275
=-10.46 %

LNG Energy Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-11.28/( (196.717+183.137)/ 2 )
=-11.28/189.927
=-5.94 %

* 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 (Sep. 2024) net income data.

What does a Return-on-Tangible-Asset of -5.94% mean?
LNG Energy Group (FRA:E26) has a Return-on-Tangible-Asset of -5.94% as of Sep. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Return-on-Tangible-Asset too high?
LNG Energy Group's current Return-on-Tangible-Asset is -5.94%.
How does LNG Energy Group's Return-on-Tangible-Asset compare to ALTX and CRCE?
LNG Energy Group's Return-on-Tangible-Asset of -5.94% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 2.07. 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 2.07, 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. 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 LNG Energy Group and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LNG Energy Group's current Return-on-Tangible-Asset is -5.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (FRA:E26) has a current Return-on-Tangible-Asset of -5.94%. The current Return-on-Tangible-Asset is -5.94%. 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 LNG Energy Group (FRA:E26), the current Return-on-Tangible-Asset is -5.94% as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.