Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Dhofar Generating CoOGMUS:DGEN Return-on-Tangible-Asset is -2.38% as of Dec. 2025. The stock has 5 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Dhofar Generating CoOG ranks worse than 61.92% 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. Dhofar Generating CoOG's annualizedNet Income for the quarter that ended in Dec. 2025 was ر.ع-4.40 Mil. Dhofar Generating CoOG's average total tangible assets for the quarter that ended in Dec. 2025 was ر.ع184.99 Mil. Therefore, Dhofar Generating CoOG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -2.38%.
The historical rank and industry rank for Dhofar Generating CoOG's Return-on-Tangible-Asset or its related term are showing as below:
MUS:DGEN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.22 Med: 0.69 Max: 1.24
Current: 0.23
During the past 9 years, Dhofar Generating CoOG's highest Return-on-Tangible-Asset was 1.24%. The lowest was -0.22%. And the median was 0.69%.
MUS:DGEN's Return-on-Tangible-Asset is ranked worse than 61.92% of 449
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29
vs MUS:DGEN: 0.23
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.
Dhofar Generating CoOG Return-on-Tangible-Asset Related Terms
Dhofar Generating CoOG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Dhofar Generating CoOG'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.
MUS:DGEN vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Dhofar Generating CoOG'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.
Dhofar Generating CoOG Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Dhofar Generating CoOG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Dhofar Generating CoOG'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -2.38% mean?
Dhofar Generating CoOG (MUS:DGEN) has a Return-on-Tangible-Asset of -2.38% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Dhofar Generating CoOG and its competitors. According to the industry distribution chart, Dhofar Generating CoOG ranks #278 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 61.9%.
Is Dhofar Generating CoOG's Return-on-Tangible-Asset too high?
Dhofar Generating CoOG's current Return-on-Tangible-Asset is -2.38%. Based on the distribution chart, Dhofar Generating CoOG ranks #278 out of 449 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint.
How does Dhofar Generating CoOG's Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Dhofar Generating CoOG ranks #278 out of 449 companies for Return-on-Tangible-Asset. This places Dhofar Generating CoOG in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.29. 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 - Independent Power Producers company?
The median Return-on-Tangible-Asset among Utilities - Independent Power Producers companies is 1.29, based on 449 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. 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 Dhofar Generating CoOG and its competitors. For the Utilities - Independent Power Producers industry, the median Return-on-Tangible-Asset is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhofar Generating CoOG's current Return-on-Tangible-Asset is -2.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhofar Generating CoOG stock overvalued right now?
Based on GuruFocus' analysis, Dhofar Generating CoOG (MUS:DGEN) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع0.08, compared to a current price of ر.ع0.08 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is -2.38%. 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 Dhofar Generating CoOG (MUS:DGEN), the current Return-on-Tangible-Asset is -2.38% as of Dec. 2025. 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.
Dhofar Generating Co SAOG principal activity of the Company is electricity generation under a license issued by the Authority for Public Services Regulation (APSR), Oman. The company is to develop, finance, design, construct, operate, maintain, insure and own a net power generating station and other relevant infrastructure. The Company has only one segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:DGEN has been successfully added to your 
