The historical rank and industry rank for PTT Exploration & Production PCL's Return-on-Tangible-Asset or its related term are showing as below:
FRA:NVAL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.97 Med: 6.44 Max: 9.25
Current: 6.15
During the past 13 years, PTT Exploration & Production PCL's highest Return-on-Tangible-Asset was 9.25%. The lowest was 1.97%. And the median was 6.44%.
FRA:NVAL's Return-on-Tangible-Asset is ranked better than 73.63% of 1024
companies
in the Oil & Gas industry
Industry Median: 2.08
vs FRA:NVAL: 6.15
PTT Exploration & Production PCL (FRA:NVAL) 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.
PTT Exploration & Production PCL Return-on-Tangible-Asset Related Terms
PTT Exploration & Production PCL Return-on-Tangible-Asset Historical Data
* 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.
PTT Exploration & Production PCL Return-on-Tangible-Asset Chart
FRA:NVAL vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, PTT Exploration & Production PCL'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.
PTT Exploration & Production PCL Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PTT Exploration & Production PCL's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where PTT Exploration & Production PCL'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.19% mean?
PTT Exploration & Production PCL (FRA:NVAL) has a Return-on-Tangible-Asset of 5.19% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on PTT Exploration & Production PCL and its competitors. This is 19% below median its historical median of 6.44. Over the past decade, PTT Exploration & Production PCL's Return-on-Tangible-Asset has ranged from 1.97 to 9.25. According to the industry distribution chart, PTT Exploration & Production PCL ranks #270 out of 1024 companies in the Oil & Gas industry, placing it in the top 26.4%.
Is PTT Exploration & Production PCL's Return-on-Tangible-Asset too high?
PTT Exploration & Production PCL's current Return-on-Tangible-Asset of 5.19% is 19% below median its 10-year median of 6.44. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 9.25. The Oil & Gas industry median Return-on-Tangible-Asset is 2.08. PTT Exploration & Production PCL's value of 5.19% is 149.5% above this industry median. Based on the distribution chart, PTT Exploration & Production PCL ranks #270 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PTT Exploration & Production PCL has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does PTT Exploration & Production PCL's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PTT Exploration & Production PCL ranks #270 out of 1024 companies for Return-on-Tangible-Asset. This puts PTT Exploration & Production PCL in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.08. PTT Exploration & Production PCL's value of 5.19% is 149.5% above this benchmark. Historically, PTT Exploration & Production PCL's own Return-on-Tangible-Asset has ranged from 1.97 to 9.25 over the past decade. While the company's 10-year median is 6.44 vs. the industry median of 2.08, PTT Exploration & Production PCL 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 2.08, based on 1,024 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. PTT Exploration & Production PCL's current Return-on-Tangible-Asset of 5.19% is 149.5% 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 PTT Exploration & Production PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTT Exploration & Production PCL's current Return-on-Tangible-Asset is 5.19%, which is 19% below median its own 10-year median of 6.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTT Exploration & Production PCL stock overvalued right now?
PTT Exploration & Production PCL (FRA:NVAL) has a current Return-on-Tangible-Asset of 5.19%. The stock's GF Value™ is €3.39, compared to a current price of €3.56 — trading 5% above its estimated fair value. The current Return-on-Tangible-Asset is 5.19%, which is 19% below median its 10-year median of 6.44 and 149.5% above the Oil & Gas industry median of 2.08. PTT Exploration & Production PCL's overall GF Score™ is 84/100 with 2 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 PTT Exploration & Production PCL (FRA:NVAL), the current Return-on-Tangible-Asset is 5.19% as of Mar. 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 PTT Exploration & Production PCL (FRA:NVAL) Overvalued in 2026?
Based on GuruFocus' analysis, PTT Exploration & Production PCL stock appears to be overvalued.
The current stock price of €3.56 is trading 5% above its estimated GF Value™ of €3.39.
Key valuation signals for FRA:NVAL:
Return-on-Tangible-Asset: 5.19% (19% below median its 10-year median of 6.44)
GF Value™: €3.39 vs. price of €3.56 (5% above fair value)
Industry Position: 149.5% above the Oil & Gas median (#270 of 1024)
No single metric tells the full story. See the FRA:NVAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PTT Exploration & Production PCL Business Description
PTT Exploration & Production PCL is engaged in the exploration and production of petroleum in Thailand and overseas, and related businesses. Its segments include Exploration and production, which operates in oil and gas exploration and production both domestically and overseas, including overseas gas transportation pipeline, either as an operator or as a joint venture partner with international oil and gas companies. Its domestic projects are located in the Gulf of Thailand. Overseas projects are located in Southeast Asia, the Middle East, Africa, and other regions. Other businesses and corporate consist of investments in other businesses, such as new businesses for energy transition, related businesses, and corporate.
84GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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