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. Tenaz Energy's annualized net income for the quarter that ended in Mar. 2026 was $-323.9 Mil. Tenaz Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $278.1 Mil. Therefore, Tenaz Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -116.43%.
The historical rank and industry rank for Tenaz Energy's Return-on-Tangible-Equity or its related term are showing as below:
ATUUF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -52.92 Med: 5.91 Max: 119.05
Current: 72.3
During the past 13 years, Tenaz Energy's highest Return-on-Tangible-Equity was 119.05%. The lowest was -52.92%. And the median was 5.91%.
ATUUF's Return-on-Tangible-Equity is ranked better than 94.6% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs ATUUF: 72.30
Tenaz Energy (OTCPK:ATUUF) 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.
Tenaz Energy Return-on-Tangible-Equity Related Terms
Tenaz Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tenaz Energy'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.
ATUUF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Tenaz Energy'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.
Tenaz Energy Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tenaz Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tenaz Energy'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -116.43% mean?
Tenaz Energy (ATUUF) has a Return-on-Tangible-Equity of -116.43% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tenaz Energy and its competitors. According to the industry distribution chart, Tenaz Energy ranks #51 out of 944 companies in the Oil & Gas industry, placing it in the top 5.4%.
Is Tenaz Energy's Return-on-Tangible-Equity too high?
Tenaz Energy's current Return-on-Tangible-Equity is -116.43%. Based on the distribution chart, Tenaz Energy ranks #51 out of 944 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Tenaz Energy has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tenaz Energy's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tenaz Energy ranks #51 out of 944 companies for Return-on-Tangible-Equity. This places Tenaz Energy in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. 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 6.73, based on 944 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 Tenaz Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenaz Energy's current Return-on-Tangible-Equity is -116.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Tenaz Energy (ATUUF) is currently considered Possible Value Trap. The stock's GF Value™ is $44.66, compared to a current price of $32.29 — trading 27.7% below its estimated fair value. The current Return-on-Tangible-Equity is -116.43%. Tenaz Energy's overall GF Score™ is 69/100 with 10 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 Tenaz Energy (ATUUF), the current Return-on-Tangible-Equity is -116.43% 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 Tenaz Energy (ATUUF) Overvalued in 2026?
Based on GuruFocus' analysis, Tenaz Energy stock appears to be undervalued.
The current stock price of $32.29 is trading 27.7% below its estimated GF Value™ of $44.66.
GuruFocus considers Tenaz Energy to be Possible Value Trap.
Key valuation signals for ATUUF:
Return-on-Tangible-Equity: -116.43%
GF Value™: $44.66 vs. price of $32.29 (27.7% below fair value)
No single metric tells the full story. See the ATUUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenaz Energy Corp is an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. Tenaz has domestic operations in Canada along with offshore natural gas and midstream assets in the Netherlands. The group produces crude oil and natural gas from several formations within the Mannville Group at Leduc-Woodbend in central Alberta. It has two operating segments Canadian business unit and the Netherlands business unit, and it derives revenue from the sale of petroleum and natural gas products such as heavy crude oil, light crude and medium crude oil, natural gas, and natural gas liquids of which key revenue is derived from the sale of heavy crude oil.
69GF Score
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