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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.
Coal EnergyWAR:CLE +0.49%43 Return-on-Tangible-Asset is -66.78% as of Mar. 2026. GuruFocus rates WAR:CLE with a GF Score™ of 43/100 and a GF Value™ of zł2.52 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 185 Other Energy Sources companies, Coal Energy ranks better than 99.46% 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. Coal Energy's annualizedNet Income for the quarter that ended in Mar. 2026 was zł-1.59 Mil. Coal Energy's average total tangible assets for the quarter that ended in Mar. 2026 was zł2.38 Mil. Therefore, Coal Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -66.78%.
The historical rank and industry rank for Coal Energy's Return-on-Tangible-Asset or its related term are showing as below:
WAR:CLE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -173.18 Med: -9.71 Max: 432.24
Current: 141.16
During the past 13 years, Coal Energy's highest Return-on-Tangible-Asset was 432.24%. The lowest was -173.18%. And the median was -9.71%.
WAR:CLE's Return-on-Tangible-Asset is ranked better than 99.46% of 185
companies
in the Other Energy Sources industry
Industry Median: -0.51
vs WAR:CLE: 141.16
Coal Energy (WAR:CLE) 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.
Coal Energy Return-on-Tangible-Asset Related Terms
Coal Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Coal 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.
WAR:CLE vs CNR: Return-on-Tangible-Asset Comparison
For the Thermal Coal subindustry, Coal 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.
Coal Energy Return-on-Tangible-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Coal Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Coal 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 -66.78% mean?
Coal Energy (WAR:CLE) has a Return-on-Tangible-Asset of -66.78% 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 Coal Energy and its competitors. According to the industry distribution chart, Coal Energy ranks #1 out of 185 companies in the Other Energy Sources industry, placing it in the top 0.5%.
Is Coal Energy's Return-on-Tangible-Asset too high?
Coal Energy's current Return-on-Tangible-Asset is -66.78%. Based on the distribution chart, Coal Energy ranks #1 out of 185 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Coal Energy has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coal Energy's Return-on-Tangible-Asset compare to CNR?
According to the Other Energy Sources industry distribution chart, Coal Energy ranks #1 out of 185 companies for Return-on-Tangible-Asset. This places Coal Energy in the top 1% of its industry — outperforming the majority of peers. 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 Other Energy Sources company?
A good Return-on-Tangible-Asset depends on the Other Energy Sources industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Coal Energy and its competitors. Coal Energy's current Return-on-Tangible-Asset is -66.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coal Energy stock overvalued right now?
Based on GuruFocus' analysis, Coal Energy (WAR:CLE) is currently considered Modestly Undervalued. The stock's GF Value™ is zł2.52, compared to a current price of zł2.06 — trading 18.3% below its estimated fair value. The current Return-on-Tangible-Asset is -66.78%. Coal Energy's overall GF Score™ is 43/100 with 4 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 Coal Energy (WAR:CLE), the current Return-on-Tangible-Asset is -66.78% 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 Coal Energy (WAR:CLE) Overvalued in 2026?
Based on GuruFocus' analysis, Coal Energy stock appears to be undervalued.
The current stock price of zł2.06 is trading 18.3% below its estimated GF Value™ of zł2.52.
GuruFocus considers Coal Energy to be Modestly Undervalued.
Key valuation signals for WAR:CLE:
Return-on-Tangible-Asset: -66.78%
GF Value™: zł2.52 vs. price of zł2.06 (18.3% below fair value)
No single metric tells the full story. See the WAR:CLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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