Repsol (XMAD:REP) Return-on-Tangible-Asset: 6.26% (As of Mar. 2026) — 80% Above Median


XMAD:REP Repsol SA XMAD:REP
59 GF Score
Price €22.01
GF Value €14.23
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Repsol Return-on-Tangible-Asset?

Repsol XMAD:REP +2.04% 59 Return-on-Tangible-Asset is 6.26% as of Mar. 2026, which is 80% above its 10-year median of 3.48. GuruFocus rates XMAD:REP with a GF Score™ of 59/100 and a GF Value™ of €14.23 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,028 Oil & Gas companies, Repsol ranks better than 69.36% 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. Repsol's annualized Net Income for the quarter that ended in Mar. 2026 was €3,716 Mil. Repsol's average total tangible assets for the quarter that ended in Mar. 2026 was €59,322 Mil. Therefore, Repsol's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.26%.

The historical rank and industry rank for Repsol's Return-on-Tangible-Asset or its related term are showing as below:

XMAD:REP' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.99   Med: 3.48   Max: 7.68
Current: 5.26

During the past 13 years, Repsol's highest Return-on-Tangible-Asset was 7.68%. The lowest was -6.99%. And the median was 3.48%.

XMAD:REP's Return-on-Tangible-Asset is ranked better than
69.36% of 1028 companies
in the Oil & Gas industry
Industry Median: 1.965 vs XMAD:REP: 5.26

Repsol  (XMAD:REP) 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 company’s 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 company’s 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.


Repsol Return-on-Tangible-Asset Related Terms


Repsol Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Repsol'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.

Repsol Return-on-Tangible-Asset Chart

Repsol Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.06 7.68 5.41 2.95 3.26

Repsol Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.47 1.65 4.12 9.27 6.26

XMAD:REP vs XOM, CVX: Return-on-Tangible-Asset Comparison

For the Oil & Gas Integrated subindustry, Repsol'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.


Repsol Return-on-Tangible-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Repsol's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Repsol's Return-on-Tangible-Asset falls into.


XMAD:REP
59GF Score
Repsol SA XMAD:REP
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Repsol Return-on-Tangible-Asset Calculation

Repsol's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1899/( (60061+56508)/ 2 )
=1899/58284.5
=3.26 %

Repsol's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3716/( (56508+62136)/ 2 )
=3716/59322
=6.26 %

* 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 6.26% mean?
Repsol (XMAD:REP) has a Return-on-Tangible-Asset of 6.26% 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 Repsol and its competitors. This is 80% above median its historical median of 3.48. According to the industry distribution chart, Repsol ranks #315 out of 1028 companies in the Oil & Gas industry, placing it in the top 30.6%.
Is Repsol's Return-on-Tangible-Asset too high?
Repsol's current Return-on-Tangible-Asset of 6.26% is 80% above median its 10-year median of 3.48. The Oil & Gas industry median Return-on-Tangible-Asset is 1.97. Repsol's value of 6.26% is 218.6% above this industry median. Based on the distribution chart, Repsol ranks #315 out of 1028 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Repsol has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Repsol's Return-on-Tangible-Asset compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Repsol ranks #315 out of 1028 companies for Return-on-Tangible-Asset. This puts Repsol in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.97. Repsol's value of 6.26% is 218.6% above this benchmark. While the company's 10-year median is 3.48 vs. the industry median of 1.97, Repsol 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 1.97, based on 1,028 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. Repsol's current Return-on-Tangible-Asset of 6.26% is 218.6% 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 Repsol and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Repsol's current Return-on-Tangible-Asset is 6.26%, which is 80% above median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Repsol stock overvalued right now?
Based on GuruFocus' analysis, Repsol (XMAD:REP) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.23, compared to a current price of €22.01 — trading 54.7% above its estimated fair value. The current Return-on-Tangible-Asset is 6.26%, which is 80% above median its 10-year median of 3.48 and 218.6% above the Oil & Gas industry median of 1.97. Repsol's overall GF Score™ is 59/100 with 3 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 Repsol (XMAD:REP), the current Return-on-Tangible-Asset is 6.26% 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 Repsol (XMAD:REP) Overvalued in 2026?

Based on GuruFocus' analysis, Repsol stock appears to be overvalued. The current stock price of €22.01 is trading 54.7% above its estimated GF Value™ of €14.23. GuruFocus considers Repsol to be Significantly Overvalued.

Key valuation signals for XMAD:REP:

  • Return-on-Tangible-Asset: 6.26% (80% above median its 10-year median of 3.48)
  • GF Value™: €14.23 vs. price of €22.01 (54.7% above fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 218.6% above the Oil & Gas median (#315 of 1028)

No single metric tells the full story. See the XMAD:REP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Repsol Business Description

Industry EnergyOil & Gas
Address Calle Mendez Alvaro, 44, Madrid, ESP, 28045
Repsol is a Spanish integrated oil and gas firm. In 2025, production was 548,000 barrels of oil equivalent a day (34% liquids), and proven reserves stood at 1.75 billion barrels of oil equivalent (36% oil). It also operates a downstream segment with refining capacity of 1.0 million barrels a day and holds 6 GW of installed renewable power generation capacity.
59GF Score

Get the complete analysis for XMAD:REP

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€22.01
Price
€14.23
GF Value