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Rockpoint Gas StorageTSX:RGSI +0.49%18 Return-on-Tangible-Asset is 8.34% as of Mar. 2026, which is 51% below its 10-year median of 17.04. GuruFocus rates TSX:RGSI with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 510 Utilities - Regulated companies, Rockpoint Gas Storage ranks better than 96.27% 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. Rockpoint Gas Storage's annualizedNet Income for the quarter that ended in Mar. 2026 was C$133.9 Mil. Rockpoint Gas Storage's average total tangible assets for the quarter that ended in Mar. 2026 was C$1,605.4 Mil. Therefore, Rockpoint Gas Storage's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.34%.
The historical rank and industry rank for Rockpoint Gas Storage's Return-on-Tangible-Asset or its related term are showing as below:
TSX:RGSI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 16.58 Med: 17.04 Max: 20.92
Current: 17.03
During the past 4 years, Rockpoint Gas Storage's highest Return-on-Tangible-Asset was 20.92%. The lowest was 16.58%. And the median was 17.04%.
TSX:RGSI's Return-on-Tangible-Asset is ranked better than 96.27% of 510
companies
in the Utilities - Regulated industry
Industry Median: 3.3
vs TSX:RGSI: 17.03
Rockpoint Gas Storage (TSX:RGSI) 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.
Rockpoint Gas Storage Return-on-Tangible-Asset Related Terms
Rockpoint Gas Storage Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Rockpoint Gas Storage'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.
Rockpoint Gas Storage Return-on-Tangible-Asset Chart
TSX:RGSI vs ATO, NI, UGI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, Rockpoint Gas Storage'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.
Rockpoint Gas Storage Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rockpoint Gas Storage's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rockpoint Gas Storage'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 8.34% mean?
Rockpoint Gas Storage (TSX:RGSI) has a Return-on-Tangible-Asset of 8.34% 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 Rockpoint Gas Storage and its competitors. This is 51% below median its historical median of 17.04. Over the past decade, Rockpoint Gas Storage's Return-on-Tangible-Asset has ranged from 16.58 to 20.92. According to the industry distribution chart, Rockpoint Gas Storage ranks #19 out of 510 companies in the Utilities - Regulated industry, placing it in the top 3.7%.
Is Rockpoint Gas Storage's Return-on-Tangible-Asset too high?
Rockpoint Gas Storage's current Return-on-Tangible-Asset of 8.34% is 51% below median its 10-year median of 17.04. Over the past 10 years, this metric has ranged from a low of 16.58 to a high of 20.92. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.30. Rockpoint Gas Storage's value of 8.34% is 152.7% above this industry median. Based on the distribution chart, Rockpoint Gas Storage ranks #19 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Rockpoint Gas Storage has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rockpoint Gas Storage's Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Rockpoint Gas Storage ranks #19 out of 510 companies for Return-on-Tangible-Asset. This places Rockpoint Gas Storage in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.30. Rockpoint Gas Storage's value of 8.34% is 152.7% above this benchmark. Historically, Rockpoint Gas Storage's own Return-on-Tangible-Asset has ranged from 16.58 to 20.92 over the past decade. While the company's 10-year median is 17.04 vs. the industry median of 3.30, Rockpoint Gas Storage 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 Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.30, based on 510 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. Rockpoint Gas Storage's current Return-on-Tangible-Asset of 8.34% is 152.7% 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 Rockpoint Gas Storage and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rockpoint Gas Storage's current Return-on-Tangible-Asset is 8.34%, which is 51% below median its own 10-year median of 17.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockpoint Gas Storage stock overvalued right now?
Rockpoint Gas Storage (TSX:RGSI) has a current Return-on-Tangible-Asset of 8.34%. The current Return-on-Tangible-Asset is 8.34%, which is 51% below median its 10-year median of 17.04 and 152.7% above the Utilities - Regulated industry median of 3.30. Rockpoint Gas Storage's overall GF Score™ is 18/100 with 5 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 Rockpoint Gas Storage (TSX:RGSI), the current Return-on-Tangible-Asset is 8.34% 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.
Rockpoint Gas Storage Inc independent operator of natural gas storage facilities in North America. The business has a single reportable segment, natural gas storage.
18GF Score
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