MVO (MV Oil Trust) Return-on-Tangible-Asset: 314.68% (As of Mar. 2026) — 179% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

MVO MV Oil Trust MVO
64 GF Score
Price $0.68
GF Value $4.26
Valuation Possible Value Trap
! 3 Warning Signs
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What is MV Oil Trust Return-on-Tangible-Asset?

MV Oil Trust MVO -17.98% 64 Return-on-Tangible-Asset is 314.68% as of Mar. 2026, which is 179% above its 10-year median of 112.83. GuruFocus rates MVO with a GF Score™ of 64/100 and a GF Value™ of $4.26 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,024 Oil & Gas companies, MV Oil Trust ranks better than 99.51% 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. MV Oil Trust's annualized Net Income for the quarter that ended in Mar. 2026 was $6.44 Mil. MV Oil Trust's average total tangible assets for the quarter that ended in Mar. 2026 was $2.05 Mil. Therefore, MV Oil Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 314.68%.

The historical rank and industry rank for MV Oil Trust's Return-on-Tangible-Asset or its related term are showing as below:

MVO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 22.05   Med: 112.83   Max: 378.74
Current: 357.88

During the past 13 years, MV Oil Trust's highest Return-on-Tangible-Asset was 378.74%. The lowest was 22.05%. And the median was 112.83%.

MVO's Return-on-Tangible-Asset is ranked better than
99.51% of 1024 companies
in the Oil & Gas industry
Industry Median: 2.08 vs MVO: 357.88

MV Oil Trust  (NYSE:MVO) 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 company’s 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 company’s 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.


MV Oil Trust Return-on-Tangible-Asset Related Terms


MV Oil Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for MV Oil Trust'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.

MV Oil Trust Return-on-Tangible-Asset Chart

MV Oil Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.52 345.16 272.12 378.74 339.74

MV Oil Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 307.18 404.15 308.35 389.51 314.68

MVO vs MXC, BRN, NRIS: Return-on-Tangible-Asset Comparison

For the Oil & Gas E&P subindustry, MV Oil Trust'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.


MV Oil Trust Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MV Oil Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where MV Oil Trust's Return-on-Tangible-Asset falls into.


MVO
64GF Score
MV Oil Trust MVO
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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MV Oil Trust Return-on-Tangible-Asset Calculation

MV Oil Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=10.408/( (3.866+2.261)/ 2 )
=10.408/3.0635
=339.74 %

MV Oil Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6.44/( (2.261+1.832)/ 2 )
=6.44/2.0465
=314.68 %

* 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 314.68% mean?
MV Oil Trust (MVO) has a Return-on-Tangible-Asset of 314.68% 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 MV Oil Trust and its competitors. This is 179% above median its historical median of 112.83. Over the past decade, MV Oil Trust's Return-on-Tangible-Asset has ranged from 22.05 to 378.74. According to the industry distribution chart, MV Oil Trust ranks #5 out of 1024 companies in the Oil & Gas industry, placing it in the top 0.5%.
Is MV Oil Trust's Return-on-Tangible-Asset too high?
MV Oil Trust's current Return-on-Tangible-Asset of 314.68% is 179% above median its 10-year median of 112.83. Over the past 10 years, this metric has ranged from a low of 22.05 to a high of 378.74. The Oil & Gas industry median Return-on-Tangible-Asset is 2.08. MV Oil Trust's value of 314.68% is 15028.8% above this industry median. Based on the distribution chart, MV Oil Trust ranks #5 out of 1024 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, MV Oil Trust has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MV Oil Trust's Return-on-Tangible-Asset compare to MXC and BRN?
According to the Oil & Gas industry distribution chart, MV Oil Trust ranks #5 out of 1024 companies for Return-on-Tangible-Asset. This places MV Oil Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.08. MV Oil Trust's value of 314.68% is 15028.8% above this benchmark. Historically, MV Oil Trust's own Return-on-Tangible-Asset has ranged from 22.05 to 378.74 over the past decade. While the company's 10-year median is 112.83 vs. the industry median of 2.08, MV Oil Trust 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 2.08, based on 1,024 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. MV Oil Trust's current Return-on-Tangible-Asset of 314.68% is 15028.8% 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 MV Oil Trust and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MV Oil Trust's current Return-on-Tangible-Asset is 314.68%, which is 179% above median its own 10-year median of 112.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MV Oil Trust stock overvalued right now?
Based on GuruFocus' analysis, MV Oil Trust (MVO) is currently considered Possible Value Trap. The stock's GF Value™ is $4.26, compared to a current price of $0.68 — trading 84% below its estimated fair value. The current Return-on-Tangible-Asset is 314.68%, which is 179% above median its 10-year median of 112.83 and 15028.8% above the Oil & Gas industry median of 2.08. MV Oil Trust's overall GF Score™ is 64/100 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 MV Oil Trust (MVO), the current Return-on-Tangible-Asset is 314.68% 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 MV Oil Trust (MVO) Overvalued in 2026?

Based on GuruFocus' analysis, MV Oil Trust stock appears to be undervalued. The current stock price of $0.68 is trading 84% below its estimated GF Value™ of $4.26. GuruFocus considers MV Oil Trust to be Possible Value Trap.

Key valuation signals for MVO:

  • Return-on-Tangible-Asset: 314.68% (179% above median its 10-year median of 112.83)
  • GF Value™: $4.26 vs. price of $0.68 (84% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 15028.8% above the Oil & Gas median (#5 of 1024)

No single metric tells the full story. See the MVO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MV Oil Trust Business Description

Industry EnergyOil & Gas
Address 601 Travis Street, Floor 16, Houston, TX, USA, 77002
MV Oil Trust is a statutory trust. The trust was created to acquire and hold the net profits interest for the benefit of the Trust unitholders.
64GF Score

Get the complete analysis for MVO

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.68
Price
$4.26
GF Value