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VOC Energy TrustVOC -2.08%77 Return-on-Tangible-Asset is 68.76% as of Jun. 2026, which is 105% above its 10-year median of 33.62. GuruFocus rates VOC with a GF Score™ of 77/100 and a GF Value™ of $2.45 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,034 Oil & Gas companies, VOC Energy Trust ranks better than 98.74% 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. VOC Energy Trust's annualizedNet Income for the quarter that ended in Jun. 2026 was $6.46 Mil. VOC Energy Trust's average total tangible assets for the quarter that ended in Jun. 2026 was $9.39 Mil. Therefore, VOC Energy Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 68.76%.
The historical rank and industry rank for VOC Energy Trust's Return-on-Tangible-Asset or its related term are showing as below:
VOC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.42 Med: 33.62 Max: 139.6
Current: 67.43
During the past 13 years, VOC Energy Trust's highest Return-on-Tangible-Asset was 139.60%. The lowest was 5.42%. And the median was 33.62%.
VOC's Return-on-Tangible-Asset is ranked better than 98.74% of 1034
companies
in the Oil & Gas industry
Industry Median: 2.69
vs VOC: 67.43
VOC Energy Trust (NYSE:VOC) 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.
VOC Energy Trust Return-on-Tangible-Asset Related Terms
VOC Energy Trust Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for VOC Energy Trust'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.
VOC vs LRDC, GLND, PVL: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, VOC Energy Trust'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.
VOC Energy Trust Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, VOC Energy Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where VOC Energy Trust'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 68.76% mean?
VOC Energy Trust (VOC) has a Return-on-Tangible-Asset of 68.76% 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 VOC Energy Trust and its competitors. This is 105% above median its historical median of 33.62. Over the past decade, VOC Energy Trust's Return-on-Tangible-Asset has ranged from 5.42 to 139.60. According to the industry distribution chart, VOC Energy Trust ranks #13 out of 1034 companies in the Oil & Gas industry, placing it in the top 1.3%.
Is VOC Energy Trust's Return-on-Tangible-Asset too high?
VOC Energy Trust's current Return-on-Tangible-Asset of 68.76% is 105% above median its 10-year median of 33.62. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 139.60. The Oil & Gas industry median Return-on-Tangible-Asset is 2.69. VOC Energy Trust's value of 68.76% is 2456.1% above this industry median. Based on the distribution chart, VOC Energy Trust ranks #13 out of 1034 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, VOC Energy Trust has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VOC Energy Trust's Return-on-Tangible-Asset compare to LRDC and GLND?
According to the Oil & Gas industry distribution chart, VOC Energy Trust ranks #13 out of 1034 companies for Return-on-Tangible-Asset. This places VOC Energy Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.69. VOC Energy Trust's value of 68.76% is 2456.1% above this benchmark. Historically, VOC Energy Trust's own Return-on-Tangible-Asset has ranged from 5.42 to 139.60 over the past decade. While the company's 10-year median is 33.62 vs. the industry median of 2.69, VOC Energy Trust 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 2.69, based on 1,034 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. VOC Energy Trust's current Return-on-Tangible-Asset of 68.76% is 2456.1% 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 VOC Energy Trust and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VOC Energy Trust's current Return-on-Tangible-Asset is 68.76%, which is 105% above median its own 10-year median of 33.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VOC Energy Trust stock overvalued right now?
Based on GuruFocus' analysis, VOC Energy Trust (VOC) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.45, compared to a current price of $3.29 — trading 34.3% above its estimated fair value. The current Return-on-Tangible-Asset is 68.76%, which is 105% above median its 10-year median of 33.62 and 2456.1% above the Oil & Gas industry median of 2.69. VOC Energy Trust's overall GF Score™ is 77/100 with 7 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 VOC Energy Trust (VOC), the current Return-on-Tangible-Asset is 68.76% 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 VOC Energy Trust (VOC) Overvalued in 2026?
Based on GuruFocus' analysis, VOC Energy Trust stock appears to be overvalued.
The current stock price of $3.29 is trading 34.3% above its estimated GF Value™ of $2.45.
GuruFocus considers VOC Energy Trust to be Significantly Overvalued.
Key valuation signals for VOC:
Return-on-Tangible-Asset: 68.76% (105% above median its 10-year median of 33.62)
GF Value™: $2.45 vs. price of $3.29 (34.3% above fair value)
Industry Position: 2456.1% above the Oil & Gas median (#13 of 1034)
No single metric tells the full story. See the VOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VOC Energy Trust is a statutory trust. It is created to acquire and hold a term net profits interest for the benefit of the Trust unitholders. The underlying properties include VOC Brazos' net interests which are located in the states of Kansas and Texas. The trust is entitled to receive the net proceeds from the sale of production of oil and natural gas attributable to the underlying properties. The business and affairs of the Trust are managed by the Trustee, and neither VOC Brazos nor any of its affiliates has the ability to manage or influence the operations of the Trust. It operates in a single operating and reportable segment.
77GF Score
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