Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Atlas Energy Solutions's annualized net income for the quarter that ended in Jun. 2026 was $-100 Mil. Atlas Energy Solutions's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $821 Mil. Therefore, Atlas Energy Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -12.23%.
The historical rank and industry rank for Atlas Energy Solutions's Return-on-Tangible-Equity or its related term are showing as below:
AESI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.64 Med: 4.11 Max: 51.06
Current: -13.64
During the past 6 years, Atlas Energy Solutions's highest Return-on-Tangible-Equity was 51.06%. The lowest was -13.64%. And the median was 4.11%.
AESI's Return-on-Tangible-Equity is ranked worse than 81.68% of 955
companies
in the Oil & Gas industry
Industry Median: 7.43
vs AESI: -13.64
Atlas Energy Solutions (NYSE:AESI) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Atlas Energy Solutions Return-on-Tangible-Equity Related Terms
Atlas Energy Solutions Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Atlas Energy Solutions's Return-on-Tangible-Equity 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.
Atlas Energy Solutions Return-on-Tangible-Equity Chart
AESI vs HLX, PUMP, VTOL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Atlas Energy Solutions's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Atlas Energy Solutions Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Atlas Energy Solutions's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Atlas Energy Solutions's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -12.23% mean?
Atlas Energy Solutions (AESI) has a Return-on-Tangible-Equity of -12.23% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Atlas Energy Solutions and its competitors. According to the industry distribution chart, Atlas Energy Solutions ranks #780 out of 955 companies in the Oil & Gas industry, placing it in the top 81.7%.
Is Atlas Energy Solutions' Return-on-Tangible-Equity too high?
Atlas Energy Solutions' current Return-on-Tangible-Equity is -12.23%. Based on the distribution chart, Atlas Energy Solutions ranks #780 out of 955 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Atlas Energy Solutions has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Energy Solutions' Return-on-Tangible-Equity compare to HLX and PUMP?
According to the Oil & Gas industry distribution chart, Atlas Energy Solutions ranks #780 out of 955 companies for Return-on-Tangible-Equity. This places Atlas Energy Solutions in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.43. 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 7.43, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Atlas Energy Solutions and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Energy Solutions's current Return-on-Tangible-Equity is -12.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Atlas Energy Solutions (AESI) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.84, compared to a current price of $12.82 — trading 19.1% below its estimated fair value. The current Return-on-Tangible-Equity is -12.23%. Atlas Energy Solutions' overall GF Score™ is 88/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Atlas Energy Solutions (AESI), the current Return-on-Tangible-Equity is -12.23% 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 Atlas Energy Solutions (AESI) Overvalued in 2026?
Based on GuruFocus' analysis, Atlas Energy Solutions stock appears to be undervalued.
The current stock price of $12.82 is trading 19.1% below its estimated GF Value™ of $15.84.
GuruFocus considers Atlas Energy Solutions to be Modestly Undervalued.
Key valuation signals for AESI:
Return-on-Tangible-Equity: -12.23%
GF Value™: $15.84 vs. price of $12.82 (19.1% below fair value)
No single metric tells the full story. See the AESI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the active oil and natural gas basin in North America. Proppant is necessary to facilitate the recovery of hydrocarbons from oil and natural gas wells. One hundred percent of its sand reserves are located in Winkler and Ward Counties, Texas, within the Permian Basin, and its operations consist of proppant production and processing facilities, including two facilities near Kermit, Texas, and a third facility near Monahans, Texas.
88GF Score
Get the complete analysis for AESI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AESI has been successfully added to your 
