Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Star Group LPSGU -0.08%79 Return-on-Tangible-Asset is 50.83% as of Mar. 2026, which is 466% above its 10-year median of 8.98. GuruFocus rates SGU with a GF Score™ of 79/100 and a GF Value™ of $12.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,027 Oil & Gas companies, Star Group LP ranks better than 89.87% 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. Star Group LP's annualizedNet Income for the quarter that ended in Mar. 2026 was $354 Mil. Star Group LP's average total tangible assets for the quarter that ended in Mar. 2026 was $697 Mil. Therefore, Star Group LP's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 50.83%.
The historical rank and industry rank for Star Group LP's Return-on-Tangible-Asset or its related term are showing as below:
SGU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.39 Med: 8.98 Max: 17.32
Current: 12.86
During the past 13 years, Star Group LP's highest Return-on-Tangible-Asset was 17.32%. The lowest was 4.39%. And the median was 8.98%.
SGU's Return-on-Tangible-Asset is ranked better than 89.87% of 1027
companies
in the Oil & Gas industry
Industry Median: 2.04
vs SGU: 12.86
Star Group LP (NYSE:SGU) 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.
Star Group LP Return-on-Tangible-Asset Related Terms
Star Group LP Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Star Group LP'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.
SGU vs CLNE, FGPR, BDCO: Return-on-Tangible-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Star Group LP'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.
Star Group LP Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Star Group LP's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Star Group LP'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 50.83% mean?
Star Group LP (SGU) has a Return-on-Tangible-Asset of 50.83% 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 Star Group LP and its competitors. This is 466% above median its historical median of 8.98. Over the past decade, Star Group LP's Return-on-Tangible-Asset has ranged from 4.39 to 17.32. According to the industry distribution chart, Star Group LP ranks #104 out of 1027 companies in the Oil & Gas industry, placing it in the top 10.1%.
Is Star Group LP's Return-on-Tangible-Asset too high?
Star Group LP's current Return-on-Tangible-Asset of 50.83% is 466% above median its 10-year median of 8.98. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 17.32. The Oil & Gas industry median Return-on-Tangible-Asset is 2.04. Star Group LP's value of 50.83% is 2391.7% above this industry median. Based on the distribution chart, Star Group LP ranks #104 out of 1027 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Star Group LP has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Star Group LP's Return-on-Tangible-Asset compare to CLNE and FGPR?
According to the Oil & Gas industry distribution chart, Star Group LP ranks #104 out of 1027 companies for Return-on-Tangible-Asset. This places Star Group LP in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.04. Star Group LP's value of 50.83% is 2391.7% above this benchmark. Historically, Star Group LP's own Return-on-Tangible-Asset has ranged from 4.39 to 17.32 over the past decade. While the company's 10-year median is 8.98 vs. the industry median of 2.04, Star Group LP 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 2.04, based on 1,027 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. Star Group LP's current Return-on-Tangible-Asset of 50.83% is 2391.7% 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 Star Group LP and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Group LP's current Return-on-Tangible-Asset is 50.83%, which is 466% above median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Group LP stock overvalued right now?
Based on GuruFocus' analysis, Star Group LP (SGU) is currently considered Fairly Valued. The stock's GF Value™ is $12.68, compared to a current price of $12.54 — trading 1.1% below its estimated fair value. The current Return-on-Tangible-Asset is 50.83%, which is 466% above median its 10-year median of 8.98 and 2391.7% above the Oil & Gas industry median of 2.04. Star Group LP's overall GF Score™ is 79/100 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 Star Group LP (SGU), the current Return-on-Tangible-Asset is 50.83% 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 Star Group LP (SGU) Overvalued in 2026?
Based on GuruFocus' analysis, Star Group LP stock appears to be undervalued.
The current stock price of $12.54 is trading 1.1% below its estimated GF Value™ of $12.68.
GuruFocus considers Star Group LP to be Fairly Valued.
Key valuation signals for SGU:
Return-on-Tangible-Asset: 50.83% (466% above median its 10-year median of 8.98)
GF Value™: $12.68 vs. price of $12.54 (1.1% below fair value)
Industry Position: 2391.7% above the Oil & Gas median (#104 of 1027)
No single metric tells the full story. See the SGU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Group LP is a home heating oil and propane distributor and services provider with one reportable operating segment that principally provides heating related services to residential and commercial customers. It serves residential and commercial customers whose primary use is to heat their homes and buildings in the Northeast and Mid-Atlantic U.S. regions. The company derives the majority of revenue from Petroleum products, which consist of home heating oil and propane as well as diesel fuel and gasoline.
79GF Score
Get the complete analysis for SGU
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SGU has been successfully added to your 
