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Phoenix Power CoOGMUS:PHPC +1.57%66 Return-on-Tangible-Asset is -2.31% as of Mar. 2026. GuruFocus rates MUS:PHPC with a GF Score™ of 66/100 and a GF Value™ of ر.ع0.07 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 449 Utilities - Independent Power Producers companies, Phoenix Power CoOG ranks better than 77.51% 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. Phoenix Power CoOG's annualizedNet Income for the quarter that ended in Mar. 2026 was ر.ع-11.3 Mil. Phoenix Power CoOG's average total tangible assets for the quarter that ended in Mar. 2026 was ر.ع487.7 Mil. Therefore, Phoenix Power CoOG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -2.31%.
The historical rank and industry rank for Phoenix Power CoOG's Return-on-Tangible-Asset or its related term are showing as below:
MUS:PHPC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.63 Med: 2.86 Max: 5.25
Current: 5.25
During the past 12 years, Phoenix Power CoOG's highest Return-on-Tangible-Asset was 5.25%. The lowest was 1.63%. And the median was 2.86%.
MUS:PHPC's Return-on-Tangible-Asset is ranked better than 77.51% of 449
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.29
vs MUS:PHPC: 5.25
Phoenix Power CoOG (MUS:PHPC) 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.
Phoenix Power CoOG Return-on-Tangible-Asset Related Terms
Phoenix Power CoOG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Phoenix Power 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:PHPC vs CEG, VST, NRG: Return-on-Tangible-Asset Comparison
For the Utilities - Independent Power Producers subindustry, Phoenix Power 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.
Phoenix Power CoOG Return-on-Tangible-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Phoenix Power CoOG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Phoenix Power 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -2.31% mean?
Phoenix Power CoOG (MUS:PHPC) has a Return-on-Tangible-Asset of -2.31% 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 Phoenix Power CoOG and its competitors. Over the past decade, Phoenix Power CoOG's Return-on-Tangible-Asset has ranged from 1.63 to 5.25. According to the industry distribution chart, Phoenix Power CoOG ranks #101 out of 449 companies in the Utilities - Independent Power Producers industry, placing it in the top 22.5%.
Is Phoenix Power CoOG's Return-on-Tangible-Asset too high?
Phoenix Power CoOG's current Return-on-Tangible-Asset is -2.31%. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 5.25. Based on the distribution chart, Phoenix Power CoOG ranks #101 out of 449 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Phoenix Power CoOG has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phoenix Power CoOG's Return-on-Tangible-Asset compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Phoenix Power CoOG ranks #101 out of 449 companies for Return-on-Tangible-Asset. This places Phoenix Power CoOG in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.29. Historically, Phoenix Power CoOG's own Return-on-Tangible-Asset has ranged from 1.63 to 5.25 over the past decade. 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 Phoenix Power 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. Phoenix Power CoOG's current Return-on-Tangible-Asset is -2.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Power CoOG stock overvalued right now?
Based on GuruFocus' analysis, Phoenix Power CoOG (MUS:PHPC) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.07, compared to a current price of ر.ع0.26 — trading 268.6% above its estimated fair value. The current Return-on-Tangible-Asset is -2.31%. Phoenix Power CoOG's overall GF Score™ is 66/100 with 10 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 Phoenix Power CoOG (MUS:PHPC), the current Return-on-Tangible-Asset is -2.31% 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 Phoenix Power CoOG (MUS:PHPC) Overvalued in 2026?
Based on GuruFocus' analysis, Phoenix Power CoOG stock appears to be overvalued.
The current stock price of ر.ع0.26 is trading 268.6% above its estimated GF Value™ of ر.ع0.07.
GuruFocus considers Phoenix Power CoOG to be Significantly Overvalued.
Key valuation signals for MUS:PHPC:
Return-on-Tangible-Asset: -2.31%
GF Value™: ر.ع0.07 vs. price of ر.ع0.26 (268.6% above fair value)
No single metric tells the full story. See the MUS:PHPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phoenix Power Co SAOG is an Oman-based power plant operator. The principal activities of the Company are to develop, finance, design, construct, operate, maintain, insure and own a power generating station and associated gas interconnection facilities and other relevant infrastructure. The company derives its revenue from capacity charges, electrical energy charges, and fuel charges. It operates in one business segment, that of the generation of power.
66GF Score
Get the complete analysis for MUS:PHPC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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