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Sui Northern Gas PipelinesKAR:SNGP -2.25%69 Return-on-Tangible-Asset is 0.68% as of Mar. 2026, which is 39% below its 10-year median of 1.12. GuruFocus rates KAR:SNGP with a GF Score™ of 69/100 and a GF Value™ of ₨70.48 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 508 Utilities - Regulated companies, Sui Northern Gas Pipelines ranks worse than 79.33% 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. Sui Northern Gas Pipelines's annualizedNet Income for the quarter that ended in Mar. 2026 was ₨11,714 Mil. Sui Northern Gas Pipelines's average total tangible assets for the quarter that ended in Mar. 2026 was ₨1,730,457 Mil. Therefore, Sui Northern Gas Pipelines's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.68%.
The historical rank and industry rank for Sui Northern Gas Pipelines's Return-on-Tangible-Asset or its related term are showing as below:
KAR:SNGP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.05 Med: 1.12 Max: 2.99
Current: 0.85
During the past 13 years, Sui Northern Gas Pipelines's highest Return-on-Tangible-Asset was 2.99%. The lowest was 0.05%. And the median was 1.12%.
KAR:SNGP's Return-on-Tangible-Asset is ranked worse than 79.33% of 508
companies
in the Utilities - Regulated industry
Industry Median: 3.375
vs KAR:SNGP: 0.85
Sui Northern Gas Pipelines (KAR:SNGP) 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.
Sui Northern Gas Pipelines Return-on-Tangible-Asset Related Terms
Sui Northern Gas Pipelines 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.
Sui Northern Gas Pipelines Return-on-Tangible-Asset Chart
KAR:SNGP vs ATO, NI, UGI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, Sui Northern Gas Pipelines'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.
Sui Northern Gas Pipelines Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Sui Northern Gas Pipelines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sui Northern Gas Pipelines'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 0.68% mean?
Sui Northern Gas Pipelines (KAR:SNGP) has a Return-on-Tangible-Asset of 0.68% 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 Sui Northern Gas Pipelines and its competitors. This is 39% below median its historical median of 1.12. Over the past decade, Sui Northern Gas Pipelines' Return-on-Tangible-Asset has ranged from 0.05 to 2.99. According to the industry distribution chart, Sui Northern Gas Pipelines ranks #403 out of 508 companies in the Utilities - Regulated industry, placing it in the top 79.3%.
Is Sui Northern Gas Pipelines' Return-on-Tangible-Asset too high?
Sui Northern Gas Pipelines' current Return-on-Tangible-Asset of 0.68% is 39% below median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 2.99. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.38. Sui Northern Gas Pipelines' value of 0.68% is 79.9% below this industry median. Based on the distribution chart, Sui Northern Gas Pipelines ranks #403 out of 508 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Sui Northern Gas Pipelines has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sui Northern Gas Pipelines' Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Sui Northern Gas Pipelines ranks #403 out of 508 companies for Return-on-Tangible-Asset. This places Sui Northern Gas Pipelines in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.38. Sui Northern Gas Pipelines' value of 0.68% is 79.9% below this benchmark. Historically, Sui Northern Gas Pipelines' own Return-on-Tangible-Asset has ranged from 0.05 to 2.99 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 3.38, Sui Northern Gas Pipelines has consistently been below 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 Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.38, based on 508 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. Sui Northern Gas Pipelines's current Return-on-Tangible-Asset of 0.68% is 79.9% below 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 Sui Northern Gas Pipelines and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sui Northern Gas Pipelines's current Return-on-Tangible-Asset is 0.68%, which is 39% below median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sui Northern Gas Pipelines stock overvalued right now?
Based on GuruFocus' analysis, Sui Northern Gas Pipelines (KAR:SNGP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨70.48, compared to a current price of ₨102.23 — trading 45% above its estimated fair value. The current Return-on-Tangible-Asset is 0.68%, which is 39% below median its 10-year median of 1.12 and 79.9% below the Utilities - Regulated industry median of 3.38. Sui Northern Gas Pipelines' overall GF Score™ is 69/100 with 11 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 Sui Northern Gas Pipelines (KAR:SNGP), the current Return-on-Tangible-Asset is 0.68% 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 Sui Northern Gas Pipelines (KAR:SNGP) Overvalued in 2026?
Based on GuruFocus' analysis, Sui Northern Gas Pipelines stock appears to be overvalued.
The current stock price of ₨102.23 is trading 45% above its estimated GF Value™ of ₨70.48.
GuruFocus considers Sui Northern Gas Pipelines to be Significantly Overvalued.
Key valuation signals for KAR:SNGP:
Return-on-Tangible-Asset: 0.68% (39% below median its 10-year median of 1.12)
GF Value™: ₨70.48 vs. price of ₨102.23 (45% above fair value)
Industry Position: 79.9% below the Utilities - Regulated median (#403 of 508)
No single metric tells the full story. See the KAR:SNGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sui Northern Gas Pipelines Ltd is principally engaged in the purchase, transmission, distribution and supply of natural gas. It has also expanded its activities like Engineering, Procurement, and Construction (EPC) contractor, undertaking the planning, design, and construction of pipeline projects. The company generates revenue from the sale of gas.
69GF Score
Get the complete analysis for KAR:SNGP
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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