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Flex LNGSTU:0QQA +0.18%64 Return-on-Tangible-Asset is 6.98% as of Jun. 2026, which is 247% above its 10-year median of 2.01. GuruFocus rates STU:0QQA with a GF Score™ of 64/100 and a GF Value™ of €22.39 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,037 Oil & Gas companies, Flex LNG ranks better than 58.53% 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. Flex LNG's annualizedNet Income for the quarter that ended in Jun. 2026 was €155.7 Mil. Flex LNG's average total tangible assets for the quarter that ended in Jun. 2026 was €2,229.8 Mil. Therefore, Flex LNG's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.98%.
The historical rank and industry rank for Flex LNG's Return-on-Tangible-Asset or its related term are showing as below:
STU:0QQA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.32 Med: 2.01 Max: 7.16
Current: 3.93
During the past 13 years, Flex LNG's highest Return-on-Tangible-Asset was 7.16%. The lowest was -2.32%. And the median was 2.01%.
STU:0QQA's Return-on-Tangible-Asset is ranked better than 58.53% of 1037
companies
in the Oil & Gas industry
Industry Median: 2.57
vs STU:0QQA: 3.93
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.
Flex LNG Return-on-Tangible-Asset Related Terms
Flex LNG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Flex LNG'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.
STU:0QQA vs GLP, PBT, GEL: Return-on-Tangible-Asset Comparison
For the Oil & Gas Midstream subindustry, Flex LNG'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.
Flex LNG Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Flex LNG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Flex LNG'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 6.98% mean?
Flex LNG (STU:0QQA) has a Return-on-Tangible-Asset of 6.98% 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 Flex LNG and its competitors. This is 247% above median its historical median of 2.01. According to the industry distribution chart, Flex LNG ranks #430 out of 1037 companies in the Oil & Gas industry, placing it in the top 41.5%.
Is Flex LNG's Return-on-Tangible-Asset too high?
Flex LNG's current Return-on-Tangible-Asset of 6.98% is 247% above median its 10-year median of 2.01. The Oil & Gas industry median Return-on-Tangible-Asset is 2.57. Flex LNG's value of 6.98% is 171.6% above this industry median. Based on the distribution chart, Flex LNG ranks #430 out of 1037 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Flex LNG has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's Return-on-Tangible-Asset compare to GLP and PBT?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #430 out of 1037 companies for Return-on-Tangible-Asset. This puts Flex LNG in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.57. Flex LNG's value of 6.98% is 171.6% above this benchmark. While the company's 10-year median is 2.01 vs. the industry median of 2.57, Flex LNG 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 2.57, based on 1,037 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. Flex LNG's current Return-on-Tangible-Asset of 6.98% is 171.6% 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 Flex LNG and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flex LNG's current Return-on-Tangible-Asset is 6.98%, which is 247% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex LNG stock overvalued right now?
Based on GuruFocus' analysis, Flex LNG (STU:0QQA) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.39, compared to a current price of €27.20 — trading 21.5% above its estimated fair value. The current Return-on-Tangible-Asset is 6.98%, which is 247% above median its 10-year median of 2.01 and 171.6% above the Oil & Gas industry median of 2.57. Flex LNG's overall GF Score™ is 64/100 with 8 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 Flex LNG (STU:0QQA), the current Return-on-Tangible-Asset is 6.98% 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 Flex LNG (STU:0QQA) Overvalued in 2026?
Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued.
The current stock price of €27.20 is trading 21.5% above its estimated GF Value™ of €22.39.
GuruFocus considers Flex LNG to be Modestly Overvalued.
Key valuation signals for STU:0QQA:
Return-on-Tangible-Asset: 6.98% (247% above median its 10-year median of 2.01)
GF Value™: €22.39 vs. price of €27.20 (21.5% above fair value)
Industry Position: 171.6% above the Oil & Gas median (#430 of 1037)
No single metric tells the full story. See the STU:0QQA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The company's fleet consists of several LNG carriers on the water, and all of its vessels are of the latest generation equipped with two-stroke propulsion. Its fleet consists of M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers and Generation X Dual Fuel (X-DF) LNG carriers, offering improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. The company has one reportable segment: vessel operations, which generates revenue from the chartering of vessels to customers.
64GF Score
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