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Panama PetrochemNSE:PANAMAPET -0.22%85 Return-on-Tangible-Asset is 64.40% as of Jun. 2026, which is 413% above its 10-year median of 12.55. GuruFocus rates NSE:PANAMAPET with a GF Score™ of 85/100 and a GF Value™ of ₹571.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,035 Oil & Gas companies, Panama Petrochem ranks better than 97.68% 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. Panama Petrochem's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹12,356 Mil. Panama Petrochem's average total tangible assets for the quarter that ended in Jun. 2026 was ₹19,187 Mil. Therefore, Panama Petrochem's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 64.40%.
The historical rank and industry rank for Panama Petrochem's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PANAMAPET'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.43 Med: 12.55 Max: 28.3
Current: 28.3
During the past 13 years, Panama Petrochem's highest Return-on-Tangible-Asset was 28.30%. The lowest was 3.43%. And the median was 12.55%.
NSE:PANAMAPET's Return-on-Tangible-Asset is ranked better than 97.68% of 1035
companies
in the Oil & Gas industry
Industry Median: 2.49
vs NSE:PANAMAPET: 28.30
Panama Petrochem (NSE:PANAMAPET) 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.
Panama Petrochem Return-on-Tangible-Asset Related Terms
Panama Petrochem Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Panama Petrochem'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.
NSE:PANAMAPET vs MPC, VLO, PSX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Panama Petrochem'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.
Panama Petrochem Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Panama Petrochem's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Panama Petrochem'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 64.40% mean?
Panama Petrochem (NSE:PANAMAPET) has a Return-on-Tangible-Asset of 64.40% 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 Panama Petrochem and its competitors. This is 413% above median its historical median of 12.55. Over the past decade, Panama Petrochem's Return-on-Tangible-Asset has ranged from 3.43 to 28.30. According to the industry distribution chart, Panama Petrochem ranks #24 out of 1035 companies in the Oil & Gas industry, placing it in the top 2.3%.
Is Panama Petrochem's Return-on-Tangible-Asset too high?
Panama Petrochem's current Return-on-Tangible-Asset of 64.40% is 413% above median its 10-year median of 12.55. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 28.30. The Oil & Gas industry median Return-on-Tangible-Asset is 2.49. Panama Petrochem's value of 64.40% is 2486.3% above this industry median. Based on the distribution chart, Panama Petrochem ranks #24 out of 1035 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Panama Petrochem has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Panama Petrochem's Return-on-Tangible-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Panama Petrochem ranks #24 out of 1035 companies for Return-on-Tangible-Asset. This places Panama Petrochem in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.49. Panama Petrochem's value of 64.40% is 2486.3% above this benchmark. Historically, Panama Petrochem's own Return-on-Tangible-Asset has ranged from 3.43 to 28.30 over the past decade. While the company's 10-year median is 12.55 vs. the industry median of 2.49, Panama Petrochem 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 2.49, based on 1,035 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. Panama Petrochem's current Return-on-Tangible-Asset of 64.40% is 2486.3% 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 Panama Petrochem and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panama Petrochem's current Return-on-Tangible-Asset is 64.40%, which is 413% above median its own 10-year median of 12.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panama Petrochem stock overvalued right now?
Based on GuruFocus' analysis, Panama Petrochem (NSE:PANAMAPET) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹571.16, compared to a current price of ₹485.20 — trading 15.1% below its estimated fair value. The current Return-on-Tangible-Asset is 64.40%, which is 413% above median its 10-year median of 12.55 and 2486.3% above the Oil & Gas industry median of 2.49. Panama Petrochem's overall GF Score™ is 85/100 with 5 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 Panama Petrochem (NSE:PANAMAPET), the current Return-on-Tangible-Asset is 64.40% 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 Panama Petrochem (NSE:PANAMAPET) Overvalued in 2026?
Based on GuruFocus' analysis, Panama Petrochem stock appears to be undervalued.
The current stock price of ₹485.20 is trading 15.1% below its estimated GF Value™ of ₹571.16.
GuruFocus considers Panama Petrochem to be Modestly Undervalued.
Key valuation signals for NSE:PANAMAPET:
Return-on-Tangible-Asset: 64.40% (413% above median its 10-year median of 12.55)
GF Value™: ₹571.16 vs. price of ₹485.20 (15.1% below fair value)
Industry Position: 2486.3% above the Oil & Gas median (#24 of 1035)
No single metric tells the full story. See the NSE:PANAMAPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panama Petrochem Ltd manufactures and exports petroleum specialty products. Its products are white oil/liquid paraffin oil, petroleum jelly, transformer oil, rubber process oil, industrial oils and greases, drilling fluids, and others. The products are used in inks and resins, printing, textiles, rubber, pharmaceuticals, cosmetics, power, cables, and for other industrial purposes. The geographical segment of the sales is divided into two segments Domestic and Overseas.
85GF Score
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