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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) 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.
Burgan Company for Well Drilling Trading and MaintenanceK Return-on-Tangible-Asset Related Terms
Burgan Company for Well Drilling Trading and MaintenanceK 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.
Burgan Company for Well Drilling Trading and MaintenanceK Return-on-Tangible-Asset Chart
Burgan Company for Well Drilling Trading and MaintenanceK Annual Data
* 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.
Burgan Company for Well Drilling Trading and MaintenanceK Return-on-Tangible-Asset vs Oil & Gas Industry
* 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 2.35% mean?
Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) has a Return-on-Tangible-Asset of 2.35% 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 Burgan Company for Well Drilling Trading and MaintenanceK and its competitors. This is 62% above median its historical median of 1.45. Over the past decade, Burgan Company for Well Drilling Trading and MaintenanceK's Return-on-Tangible-Asset has ranged from 0.61 to 1.89. According to the industry distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #549 out of 1038 companies in the Oil & Gas industry, placing it in the top 52.9%.
Is Burgan Company for Well Drilling Trading and MaintenanceK's Return-on-Tangible-Asset too high?
Burgan Company for Well Drilling Trading and MaintenanceK's current Return-on-Tangible-Asset of 2.35% is 62% above median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 1.89. The Oil & Gas industry median Return-on-Tangible-Asset is 2.32. Burgan Company for Well Drilling Trading and MaintenanceK's value of 2.35% is 1.5% above this industry median. Based on the distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #549 out of 1038 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Burgan Company for Well Drilling Trading and MaintenanceK has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burgan Company for Well Drilling Trading and MaintenanceK's Return-on-Tangible-Asset compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #549 out of 1038 companies for Return-on-Tangible-Asset. This places Burgan Company for Well Drilling Trading and MaintenanceK in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.32. Burgan Company for Well Drilling Trading and MaintenanceK's value of 2.35% is 1.5% above this benchmark. Historically, Burgan Company for Well Drilling Trading and MaintenanceK's own Return-on-Tangible-Asset has ranged from 0.61 to 1.89 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 2.32, Burgan Company for Well Drilling Trading and MaintenanceK 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. Burgan Company for Well Drilling Trading and MaintenanceK's current Return-on-Tangible-Asset of 2.35% is 1.5% 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 Burgan Company for Well Drilling Trading and MaintenanceK 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. Burgan Company for Well Drilling Trading and MaintenanceK's current Return-on-Tangible-Asset is 2.35%, which is 62% above median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burgan Company for Well Drilling Trading and MaintenanceK stock overvalued right now?
Based on GuruFocus' analysis, Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.13, compared to a current price of KWD0.19 — trading 44.6% above its estimated fair value. The current Return-on-Tangible-Asset is 2.35%, which is 62% above median its 10-year median of 1.45 and 1.5% above the Oil & Gas industry median of 2.32. Burgan Company for Well Drilling Trading and MaintenanceK's overall GF Score™ is 23/100 with 6 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 Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR), the current Return-on-Tangible-Asset is 2.35% 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 Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Overvalued in 2026?
Based on GuruFocus' analysis, Burgan Company for Well Drilling Trading and MaintenanceK stock appears to be overvalued.
The current stock price of KWD0.19 is trading 44.6% above its estimated GF Value™ of KWD0.13.
GuruFocus considers Burgan Company for Well Drilling Trading and MaintenanceK to be Significantly Overvalued.
Key valuation signals for KUW:ABAR:
Return-on-Tangible-Asset: 2.35% (62% above median its 10-year median of 1.45)
GF Value™: KWD0.13 vs. price of KWD0.19 (44.6% above fair value)
Industry Position: 1.5% above the Oil & Gas median (#549 of 1038)
No single metric tells the full story. See the KUW:ABAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burgan Company for Well Drilling Trading and Maintenance SAK provides drilling, exploration, and maintenance services for oil and gas companies. The company offers development and exploratory services, as well as drilling and maintenance of oil and gas wells in Kuwait and internationally with the approval of the Ministry of Oil. It also establishes, participates in, or acquires affiliates as outlined in its Memorandum of Incorporation. Additionally, the company invests its financial surpluses in portfolios managed by specialized entities. Burgan Company serves its clients by drilling deep, medium, and shallow wells, as well as performing workover operations. Its primary operating segment is oil and gas well services.
23GF Score
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