Oceana GroupOCGPF 83 Return-on-Tangible-Asset is 11.93% as of Mar. 2026, which is 3% above its 10-year median of 11.55. GuruFocus rates OCGPF with a GF Score™ of 83/100 and a GF Value™ of $2.87. The stock has 10 warning signs investors should review. Among 1,988 Consumer Packaged Goods companies, Oceana Group ranks better than 78.42% 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. Oceana Group's annualizedNet Income for the quarter that ended in Mar. 2026 was $50.6 Mil. Oceana Group's average total tangible assets for the quarter that ended in Mar. 2026 was $424.5 Mil. Therefore, Oceana Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 11.93%.
The historical rank and industry rank for Oceana Group's Return-on-Tangible-Asset or its related term are showing as below:
OCGPF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.73 Med: 11.55 Max: 17.97
Current: 9.03
During the past 13 years, Oceana Group's highest Return-on-Tangible-Asset was 17.97%. The lowest was 7.73%. And the median was 11.55%.
OCGPF's Return-on-Tangible-Asset is ranked better than 78.42% of 1988
companies
in the Consumer Packaged Goods industry
Industry Median: 3.38
vs OCGPF: 9.03
Oceana Group (OTCPK:OCGPF) 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.
Oceana Group Return-on-Tangible-Asset Related Terms
Oceana Group Return-on-Tangible-Asset Historical Data
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The historical data trend for Oceana Group'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.
OCGPF vs KHC, GIS, HRL: Return-on-Tangible-Asset Comparison
For the Packaged Foods subindustry, Oceana Group'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.
Oceana Group Return-on-Tangible-Asset vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Oceana Group'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 11.93% mean?
Oceana Group (OCGPF) has a Return-on-Tangible-Asset of 11.93% 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 Oceana Group and its competitors. This is near median its historical median of 11.55. Over the past decade, Oceana Group's Return-on-Tangible-Asset has ranged from 7.73 to 17.97. According to the industry distribution chart, Oceana Group ranks #429 out of 1988 companies in the Consumer Packaged Goods industry, placing it in the top 21.6%.
Is Oceana Group's Return-on-Tangible-Asset too high?
Oceana Group's current Return-on-Tangible-Asset of 11.93% is near median its 10-year median of 11.55. Over the past 10 years, this metric has ranged from a low of 7.73 to a high of 17.97. The Consumer Packaged Goods industry median Return-on-Tangible-Asset is 3.38. Oceana Group's value of 11.93% is 253% above this industry median. Based on the distribution chart, Oceana Group ranks #429 out of 1988 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Oceana Group has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Oceana Group's Return-on-Tangible-Asset compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Oceana Group ranks #429 out of 1988 companies for Return-on-Tangible-Asset. This places Oceana Group in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.38. Oceana Group's value of 11.93% is 253% above this benchmark. Historically, Oceana Group's own Return-on-Tangible-Asset has ranged from 7.73 to 17.97 over the past decade. While the company's 10-year median is 11.55 vs. the industry median of 3.38, Oceana Group 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 a Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.38, based on 1,988 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. Oceana Group's current Return-on-Tangible-Asset of 11.93% is 253% 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 Oceana Group and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceana Group's current Return-on-Tangible-Asset is 11.93%, which is near median its own 10-year median of 11.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceana Group stock overvalued right now?
Oceana Group (OCGPF) has a current Return-on-Tangible-Asset of 11.93%. The stock's GF Value™ is $2.87, compared to a current price of $3.00 — trading 4.5% above its estimated fair value. The current Return-on-Tangible-Asset is 11.93%, which is near median its 10-year median of 11.55 and 253% above the Consumer Packaged Goods industry median of 3.38. Oceana Group's overall GF Score™ is 83/100 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 Oceana Group (OCGPF), the current Return-on-Tangible-Asset is 11.93% 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 Oceana Group (OCGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Oceana Group stock appears to be overvalued.
The current stock price of $3.00 is trading 4.5% above its estimated GF Value™ of $2.87.
Key valuation signals for OCGPF:
Return-on-Tangible-Asset: 11.93% (near median its 10-year median of 11.55)
GF Value™: $2.87 vs. price of $3.00 (4.5% above fair value)
Industry Position: 253% above the Consumer Packaged Goods median (#429 of 1988)
No single metric tells the full story. See the OCGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oceana Group Ltd is a diversified, international fish and food company engaged in the responsible catching, procuring, processing, marketing and distribution of fish and food products. Its products and services include canned fish (notably pilchards), other canned foods such as tuna, sardines and canned meats, fishmeal and fish oil for the aquaculture, animal feed and pet food industries, as well as wild-caught seafood including horse mackerel, hake, squid and lobster. The Group operates through three main segments: Lucky Star Foods, Fishmeal and Fish Oil, and Wild Caught Seafood, with the majority of its revenue generated from the Lucky Star Foods segment. Geographically, the Group operates in South Africa, Namibia, other parts of Africa, Europe, the Americas and the Far East.
83GF Score
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