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The historical rank and industry rank for Reconnaissance Energy Africa's Return-on-Tangible-Asset or its related term are showing as below:
RECAF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -320.35 Med: -63.25 Max: 24.65
Current: -6.98
During the past 13 years, Reconnaissance Energy Africa's highest Return-on-Tangible-Asset was 24.65%. The lowest was -320.35%. And the median was -63.25%.
RECAF's Return-on-Tangible-Asset is ranked worse than 75.88% of 1028
companies
in the Oil & Gas industry
Industry Median: 2.055
vs RECAF: -6.98
Reconnaissance Energy Africa (OTCPK:RECAF) 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.
Reconnaissance Energy Africa Return-on-Tangible-Asset Related Terms
Reconnaissance Energy Africa Return-on-Tangible-Asset Historical Data
* 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.
Reconnaissance Energy Africa Return-on-Tangible-Asset Chart
RECAF vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Reconnaissance Energy Africa'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.
Reconnaissance Energy Africa Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Reconnaissance Energy Africa's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Reconnaissance Energy Africa'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 -6.35% mean?
Reconnaissance Energy Africa (RECAF) has a Return-on-Tangible-Asset of -6.35% 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 Reconnaissance Energy Africa and its competitors. According to the industry distribution chart, Reconnaissance Energy Africa ranks #780 out of 1028 companies in the Oil & Gas industry, placing it in the top 75.9%.
Is Reconnaissance Energy Africa's Return-on-Tangible-Asset too high?
Reconnaissance Energy Africa's current Return-on-Tangible-Asset is -6.35%. Based on the distribution chart, Reconnaissance Energy Africa ranks #780 out of 1028 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Reconnaissance Energy Africa has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reconnaissance Energy Africa's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Reconnaissance Energy Africa ranks #780 out of 1028 companies for Return-on-Tangible-Asset. This places Reconnaissance Energy Africa in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.06. 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. 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 Reconnaissance Energy Africa 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. Reconnaissance Energy Africa's current Return-on-Tangible-Asset is -6.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reconnaissance Energy Africa stock overvalued right now?
Based on GuruFocus' analysis, Reconnaissance Energy Africa (RECAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.55 — trading 225.5% above its estimated fair value. The current Return-on-Tangible-Asset is -6.35%. Reconnaissance Energy Africa's overall GF Score™ is 28/100. 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 Reconnaissance Energy Africa (RECAF), the current Return-on-Tangible-Asset is -6.35% 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 Reconnaissance Energy Africa (RECAF) Overvalued in 2026?
Based on GuruFocus' analysis, Reconnaissance Energy Africa stock appears to be overvalued.
The current stock price of $0.55 is trading 225.5% above its estimated GF Value™ of $0.17.
GuruFocus considers Reconnaissance Energy Africa to be Significantly Overvalued.
Key valuation signals for RECAF:
Return-on-Tangible-Asset: -6.35%
GF Value™: $0.17 vs. price of $0.55 (225.5% above fair value)
No single metric tells the full story. See the RECAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reconnaissance Energy Africa Ltd is a junior oil and natural gas company with a focus on exploration and development in Namibia, Botswana, Gabon and Angola. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; and the corporate segment. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.
28GF Score
Get the complete analysis for RECAF
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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