Seplat EnergySEPLF -1.08%63 Return-on-Tangible-Asset is 2.43% as of Mar. 2026, which is 18% below its 10-year median of 2.95. GuruFocus rates SEPLF with a GF Score™ of 63/100 and a GF Value™ of $6.91 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,025 Oil & Gas companies, Seplat Energy ranks better than 55.9% 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. Seplat Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was $135 Mil. Seplat Energy's average total tangible assets for the quarter that ended in Mar. 2026 was $5,569 Mil. Therefore, Seplat Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.43%.
The historical rank and industry rank for Seplat Energy's Return-on-Tangible-Asset or its related term are showing as below:
SEPLF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.69 Med: 2.95 Max: 11.07
Current: 3.04
During the past 13 years, Seplat Energy's highest Return-on-Tangible-Asset was 11.07%. The lowest was -6.69%. And the median was 2.95%.
SEPLF's Return-on-Tangible-Asset is ranked better than 55.9% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.99
vs SEPLF: 3.04
Seplat Energy (OTCPK:SEPLF) 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.
Seplat Energy Return-on-Tangible-Asset Related Terms
Seplat Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Seplat Energy'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.
SEPLF vs COP, EOG, FANG: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Seplat Energy'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.
Seplat Energy Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Seplat Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Seplat Energy'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 2.43% mean?
Seplat Energy (SEPLF) has a Return-on-Tangible-Asset of 2.43% 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 Seplat Energy and its competitors. This is 18% below median its historical median of 2.95. According to the industry distribution chart, Seplat Energy ranks #452 out of 1025 companies in the Oil & Gas industry, placing it in the top 44.1%.
Is Seplat Energy's Return-on-Tangible-Asset too high?
Seplat Energy's current Return-on-Tangible-Asset of 2.43% is 18% below median its 10-year median of 2.95. The Oil & Gas industry median Return-on-Tangible-Asset is 1.99. Seplat Energy's value of 2.43% is 22.1% above this industry median. Based on the distribution chart, Seplat Energy ranks #452 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Seplat Energy has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seplat Energy's Return-on-Tangible-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Seplat Energy ranks #452 out of 1025 companies for Return-on-Tangible-Asset. This puts Seplat Energy in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.99. Seplat Energy's value of 2.43% is 22.1% above this benchmark. While the company's 10-year median is 2.95 vs. the industry median of 1.99, Seplat Energy 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 1.99, based on 1,025 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. Seplat Energy's current Return-on-Tangible-Asset of 2.43% is 22.1% 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 Seplat Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seplat Energy's current Return-on-Tangible-Asset is 2.43%, which is 18% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seplat Energy stock overvalued right now?
Based on GuruFocus' analysis, Seplat Energy (SEPLF) is currently considered Fairly Valued. The stock's GF Value™ is $6.91, compared to a current price of $6.90 — trading 0.1% below its estimated fair value. The current Return-on-Tangible-Asset is 2.43%, which is 18% below median its 10-year median of 2.95 and 22.1% above the Oil & Gas industry median of 1.99. Seplat Energy's overall GF Score™ is 63/100 with 9 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 Seplat Energy (SEPLF), the current Return-on-Tangible-Asset is 2.43% 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 Seplat Energy (SEPLF) Overvalued in 2026?
Based on GuruFocus' analysis, Seplat Energy stock appears to be undervalued.
The current stock price of $6.90 is trading 0.1% below its estimated GF Value™ of $6.91.
GuruFocus considers Seplat Energy to be Fairly Valued.
Key valuation signals for SEPLF:
Return-on-Tangible-Asset: 2.43% (18% below median its 10-year median of 2.95)
GF Value™: $6.91 vs. price of $6.90 (0.1% below fair value)
Industry Position: 22.1% above the Oil & Gas median (#452 of 1025)
No single metric tells the full story. See the SEPLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seplat Energy PLC is a Nigerian independent upstream oil and gas company that focuses on production and development opportunities in Nigeria. The company has two reportable segments, namely Oil and Gas. Geographically, it derives a key revenue from India, Spain, the Netherlands, and the USA. The company's exploration assets include OMLs 4, 38, and 41, which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.
63GF Score
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