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SNGN RomgazFRA:RZ8B 49 Return-on-Tangible-Asset is 19.08% as of Mar. 2026, which is 9% above its 10-year median of 17.58. GuruFocus rates FRA:RZ8B with a GF Score™ of 49/100 and a GF Value™ of €0.99 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,038 Oil & Gas companies, SNGN Romgaz ranks better than 95.09% 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. SNGN Romgaz's annualizedNet Income for the quarter that ended in Mar. 2026 was €750 Mil. SNGN Romgaz's average total tangible assets for the quarter that ended in Mar. 2026 was €3,930 Mil. Therefore, SNGN Romgaz's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 19.08%.
The historical rank and industry rank for SNGN Romgaz's Return-on-Tangible-Asset or its related term are showing as below:
FRA:RZ8B'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.47 Med: 17.58 Max: 27.41
Current: 18.81
During the past 13 years, SNGN Romgaz's highest Return-on-Tangible-Asset was 27.41%. The lowest was 9.47%. And the median was 17.58%.
FRA:RZ8B's Return-on-Tangible-Asset is ranked better than 95.09% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.315
vs FRA:RZ8B: 18.81
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.
SNGN Romgaz Return-on-Tangible-Asset Related Terms
SNGN Romgaz Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for SNGN Romgaz'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.
FRA:RZ8B vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, SNGN Romgaz'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.
SNGN Romgaz Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SNGN Romgaz's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where SNGN Romgaz'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 19.08% mean?
SNGN Romgaz (FRA:RZ8B) has a Return-on-Tangible-Asset of 19.08% 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 SNGN Romgaz and its competitors. This is near median its historical median of 17.58. Over the past decade, SNGN Romgaz's Return-on-Tangible-Asset has ranged from 9.47 to 27.41. According to the industry distribution chart, SNGN Romgaz ranks #51 out of 1038 companies in the Oil & Gas industry, placing it in the top 4.9%.
Is SNGN Romgaz's Return-on-Tangible-Asset too high?
SNGN Romgaz's current Return-on-Tangible-Asset of 19.08% is near median its 10-year median of 17.58. Over the past 10 years, this metric has ranged from a low of 9.47 to a high of 27.41. The Oil & Gas industry median Return-on-Tangible-Asset is 2.32. SNGN Romgaz's value of 19.08% is 724.2% above this industry median. Based on the distribution chart, SNGN Romgaz ranks #51 out of 1038 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, SNGN Romgaz has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SNGN Romgaz's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, SNGN Romgaz ranks #51 out of 1038 companies for Return-on-Tangible-Asset. This places SNGN Romgaz in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.32. SNGN Romgaz's value of 19.08% is 724.2% above this benchmark. Historically, SNGN Romgaz's own Return-on-Tangible-Asset has ranged from 9.47 to 27.41 over the past decade. While the company's 10-year median is 17.58 vs. the industry median of 2.32, SNGN Romgaz 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 2.32, 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. SNGN Romgaz's current Return-on-Tangible-Asset of 19.08% is 724.2% 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 SNGN Romgaz and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SNGN Romgaz's current Return-on-Tangible-Asset is 19.08%, which is near median its own 10-year median of 17.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SNGN Romgaz stock overvalued right now?
Based on GuruFocus' analysis, SNGN Romgaz (FRA:RZ8B) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.99, compared to a current price of €3.52 — trading 255.1% above its estimated fair value. The current Return-on-Tangible-Asset is 19.08%, which is near median its 10-year median of 17.58 and 724.2% above the Oil & Gas industry median of 2.32. SNGN Romgaz's overall GF Score™ is 49/100 with 7 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 SNGN Romgaz (FRA:RZ8B), the current Return-on-Tangible-Asset is 19.08% 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 SNGN Romgaz (FRA:RZ8B) Overvalued in 2026?
Based on GuruFocus' analysis, SNGN Romgaz stock appears to be overvalued.
The current stock price of €3.52 is trading 255.1% above its estimated GF Value™ of €0.99.
GuruFocus considers SNGN Romgaz to be Significantly Overvalued.
Key valuation signals for FRA:RZ8B:
Return-on-Tangible-Asset: 19.08% (near median its 10-year median of 17.58)
GF Value™: €0.99 vs. price of €3.52 (255.1% above fair value)
Industry Position: 724.2% above the Oil & Gas median (#51 of 1038)
No single metric tells the full story. See the FRA:RZ8B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SNGN Romgaz SA is Romania's largest natural gas producer and supplier, operating in 8 onshore exploration blocks. The company has upstream, storage, and electricity production segments, as well as other activities. Romgaz engages in various activities, including upstream operations like exploring natural gas reserves, producing and trading gas extracted from domestic or imported sources for resale. These activities are carried out by the head office, Media? and Mure? branches, and subsidiary Romgaz Black Sea Limited. Depogaz, a subsidiary of Romgaz, is responsible for storage activities. Iernut branch is involved in electricity production and distribution activities. Additionally, Romgaz performs other activities such as technological transport, operations on wells, and corporate.
49GF Score
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