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Aradel HoldingsNSA:ARADEL 16 Return-on-Tangible-Asset is 2.76% as of Mar. 2026, which is 59% below its 10-year median of 6.66. GuruFocus rates NSA:ARADEL with a GF Score™ of 16/100. The stock has 6 warning signs investors should review. Among 1,028 Oil & Gas companies, Aradel Holdings ranks better than 80.93% 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. Aradel Holdings's annualizedNet Income for the quarter that ended in Mar. 2026 was ₦261,325 Mil. Aradel Holdings's average total tangible assets for the quarter that ended in Mar. 2026 was ₦9,484,125 Mil. Therefore, Aradel Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.76%.
The historical rank and industry rank for Aradel Holdings's Return-on-Tangible-Asset or its related term are showing as below:
NSA:ARADEL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.25 Med: 6.66 Max: 16.11
Current: 8.19
During the past 3 years, Aradel Holdings's highest Return-on-Tangible-Asset was 16.11%. The lowest was 6.25%. And the median was 6.66%.
NSA:ARADEL's Return-on-Tangible-Asset is ranked better than 80.93% of 1028
companies
in the Oil & Gas industry
Industry Median: 2.055
vs NSA:ARADEL: 8.19
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.
Aradel Holdings Return-on-Tangible-Asset Related Terms
Aradel Holdings Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Aradel Holdings'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.
NSA:ARADEL vs XOM, CVX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Integrated subindustry, Aradel Holdings'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.
Aradel Holdings Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Aradel Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Aradel Holdings'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 2.76% mean?
Aradel Holdings (NSA:ARADEL) has a Return-on-Tangible-Asset of 2.76% 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 Aradel Holdings and its competitors. This is 59% below median its historical median of 6.66. Over the past decade, Aradel Holdings' Return-on-Tangible-Asset has ranged from 6.25 to 16.11. According to the industry distribution chart, Aradel Holdings ranks #196 out of 1028 companies in the Oil & Gas industry, placing it in the top 19.1%.
Is Aradel Holdings' Return-on-Tangible-Asset too high?
Aradel Holdings' current Return-on-Tangible-Asset of 2.76% is 59% below median its 10-year median of 6.66. Over the past 10 years, this metric has ranged from a low of 6.25 to a high of 16.11. The Oil & Gas industry median Return-on-Tangible-Asset is 2.06. Aradel Holdings' value of 2.76% is 34.3% above this industry median. Based on the distribution chart, Aradel Holdings ranks #196 out of 1028 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Aradel Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Aradel Holdings' Return-on-Tangible-Asset compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Aradel Holdings ranks #196 out of 1028 companies for Return-on-Tangible-Asset. This places Aradel Holdings in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.06. Aradel Holdings' value of 2.76% is 34.3% above this benchmark. Historically, Aradel Holdings' own Return-on-Tangible-Asset has ranged from 6.25 to 16.11 over the past decade. While the company's 10-year median is 6.66 vs. the industry median of 2.06, Aradel Holdings 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 2.06, based on 1,028 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. Aradel Holdings's current Return-on-Tangible-Asset of 2.76% is 34.3% 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 Aradel Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aradel Holdings's current Return-on-Tangible-Asset is 2.76%, which is 59% below median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aradel Holdings stock overvalued right now?
Aradel Holdings (NSA:ARADEL) has a current Return-on-Tangible-Asset of 2.76%. The current Return-on-Tangible-Asset is 2.76%, which is 59% below median its 10-year median of 6.66 and 34.3% above the Oil & Gas industry median of 2.06. Aradel Holdings' overall GF Score™ is 16/100 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 Aradel Holdings (NSA:ARADEL), the current Return-on-Tangible-Asset is 2.76% 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.
Aradel Holdings PLC is an indigenous energy company in Nigeria. It engaged in the upstream, midstream, and downstream value chain of the oil and gas industry. Its operations include Energy Transition and Renewable Energy. The group's assets are OML 54, OML 53, OML 34, and OPL 227. The group's operations cover four segments: Crude Oil, Gas, Refinery & Investment Properties. The maximum revenue is from Crude Oil.
16GF Score
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