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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. Expand Energy's annualizedNet Income for the quarter that ended in Jun. 2026 was MXN36,434 Mil. Expand Energy's average total tangible assets for the quarter that ended in Jun. 2026 was MXN510,719 Mil. Therefore, Expand Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 7.13%.
The historical rank and industry rank for Expand Energy's Return-on-Tangible-Asset or its related term are showing as below:
MEX:EXE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -85.47 Med: -2.13 Max: 37.29
Current: 9.85
During the past 13 years, Expand Energy's highest Return-on-Tangible-Asset was 37.29%. The lowest was -85.47%. And the median was -2.13%.
MEX:EXE's Return-on-Tangible-Asset is ranked better than 85.1% of 1027
companies
in the Oil & Gas industry
Industry Median: 2.04
vs MEX:EXE: 9.85
Expand Energy (MEX:EXE) 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.
Expand Energy Return-on-Tangible-Asset Related Terms
Expand Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Expand Energy'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.
MEX:EXE vs PR, OVV, TPL: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Expand Energy'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.
Expand Energy Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Expand Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Expand Energy'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 7.13% mean?
Expand Energy (MEX:EXE) has a Return-on-Tangible-Asset of 7.13% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Expand Energy and its competitors. According to the industry distribution chart, Expand Energy ranks #153 out of 1027 companies in the Oil & Gas industry, placing it in the top 14.9%.
Is Expand Energy's Return-on-Tangible-Asset too high?
Expand Energy's current Return-on-Tangible-Asset is 7.13%. The Oil & Gas industry median Return-on-Tangible-Asset is 2.04. Expand Energy's value of 7.13% is 249.5% above this industry median. Based on the distribution chart, Expand Energy ranks #153 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Expand Energy has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Expand Energy's Return-on-Tangible-Asset compare to PR and OVV?
According to the Oil & Gas industry distribution chart, Expand Energy ranks #153 out of 1027 companies for Return-on-Tangible-Asset. This places Expand Energy in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Expand Energy's value of 7.13% is 249.5% above this benchmark. 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 2.04, 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. Expand Energy's current Return-on-Tangible-Asset of 7.13% is 249.5% 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 Expand Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expand Energy's current Return-on-Tangible-Asset is 7.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expand Energy stock overvalued right now?
Based on GuruFocus' analysis, Expand Energy (MEX:EXE) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,124.92, compared to a current price of MXN1,619.00 — trading 23.8% below its estimated fair value. The current Return-on-Tangible-Asset is 7.13% and 249.5% above the Oil & Gas industry median of 2.04. Expand Energy's overall GF Score™ is 62/100 with 3 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 Expand Energy (MEX:EXE), the current Return-on-Tangible-Asset is 7.13% as of Jun. 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 Expand Energy (MEX:EXE) Overvalued in 2026?
Based on GuruFocus' analysis, Expand Energy stock appears to be undervalued.
The current stock price of MXN1,619.00 is trading 23.8% below its estimated GF Value™ of MXN2,124.92.
GuruFocus considers Expand Energy to be Modestly Undervalued.
Key valuation signals for MEX:EXE:
Return-on-Tangible-Asset: 7.13%
GF Value™: MXN2,124.92 vs. price of MXN1,619.00 (23.8% below fair value)
Industry Position: 249.5% above the Oil & Gas median (#153 of 1027)
No single metric tells the full story. See the MEX:EXE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Expand Energy is a North American natural gas producer in the Haynesville and Appalachian basins, formed by the combination of Chesapeake and Southwestern. Its largest operation by volume is the Haynesville basin in Louisiana, which is heavily exposed to nearby LNG production. Appalachia benefits from its proximity to population centers in the Northeast and mid-Atlantic regions.
62GF Score
Get the complete analysis for MEX:EXE
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