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Sea Oil PCLBKK:SEAOIL +1.89%83 Return-on-Tangible-Equity is 15.97% as of Mar. 2026, which is 120% above its 10-year median of 7.27. GuruFocus rates BKK:SEAOIL with a GF Score™ of 83/100 and a GF Value™ of ฿3.31 (Fairly Valued). The stock has 3 warning signs investors should review. Among 943 Oil & Gas companies, Sea Oil PCL ranks better than 60.02% on this metric.
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. Sea Oil PCL's annualized net income for the quarter that ended in Mar. 2026 was ฿434 Mil. Sea Oil PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ฿2,718 Mil. Therefore, Sea Oil PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.97%.
The historical rank and industry rank for Sea Oil PCL's Return-on-Tangible-Equity or its related term are showing as below:
BKK:SEAOIL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.39 Med: 7.27 Max: 23.57
Current: 10.49
During the past 13 years, Sea Oil PCL's highest Return-on-Tangible-Equity was 23.57%. The lowest was -8.39%. And the median was 7.27%.
BKK:SEAOIL's Return-on-Tangible-Equity is ranked better than 60.02% of 943
companies
in the Oil & Gas industry
Industry Median: 6.76
vs BKK:SEAOIL: 10.49
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.
Sea Oil PCL Return-on-Tangible-Equity Related Terms
Sea Oil PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sea Oil PCL'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.
BKK:SEAOIL vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Sea Oil PCL'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.
Sea Oil PCL Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sea Oil PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sea Oil PCL'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 15.97% mean?
Sea Oil PCL (BKK:SEAOIL) has a Return-on-Tangible-Equity of 15.97% 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 Sea Oil PCL and its competitors. This is 120% above median its historical median of 7.27. According to the industry distribution chart, Sea Oil PCL ranks #377 out of 943 companies in the Oil & Gas industry, placing it in the top 40%.
Is Sea Oil PCL's Return-on-Tangible-Equity too high?
Sea Oil PCL's current Return-on-Tangible-Equity of 15.97% is 120% above median its 10-year median of 7.27. The Oil & Gas industry median Return-on-Tangible-Equity is 6.76. Sea Oil PCL's value of 15.97% is 136.2% above this industry median. Based on the distribution chart, Sea Oil PCL ranks #377 out of 943 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Sea Oil PCL has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sea Oil PCL's Return-on-Tangible-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Sea Oil PCL ranks #377 out of 943 companies for Return-on-Tangible-Equity. This puts Sea Oil PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Sea Oil PCL's value of 15.97% is 136.2% above this benchmark. While the company's 10-year median is 7.27 vs. the industry median of 6.76, Sea Oil PCL 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-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.76, based on 943 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. Sea Oil PCL's current Return-on-Tangible-Equity of 15.97% is 136.2% 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-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 Sea Oil PCL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sea Oil PCL's current Return-on-Tangible-Equity is 15.97%, which is 120% above median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea Oil PCL stock overvalued right now?
Based on GuruFocus' analysis, Sea Oil PCL (BKK:SEAOIL) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.31, compared to a current price of ฿3.24 — trading 2.1% below its estimated fair value. The current Return-on-Tangible-Equity is 15.97%, which is 120% above median its 10-year median of 7.27 and 136.2% above the Oil & Gas industry median of 6.76. Sea Oil PCL's overall GF Score™ is 83/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Sea Oil PCL (BKK:SEAOIL), the current Return-on-Tangible-Equity is 15.97% 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 Sea Oil PCL (BKK:SEAOIL) Overvalued in 2026?
Based on GuruFocus' analysis, Sea Oil PCL stock appears to be undervalued.
The current stock price of ฿3.24 is trading 2.1% below its estimated GF Value™ of ฿3.31.
GuruFocus considers Sea Oil PCL to be Fairly Valued.
Key valuation signals for BKK:SEAOIL:
Return-on-Tangible-Equity: 15.97% (120% above median its 10-year median of 7.27)
GF Value™: ฿3.31 vs. price of ฿3.24 (2.1% below fair value)
Industry Position: 136.2% above the Oil & Gas median (#377 of 943)
No single metric tells the full story. See the BKK:SEAOIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sea Oil PCL engaged in the retail sale of fuel oil and lubricant oil. The company also provides service and supply management for clients in the oil industry's exploration and productions. The operating segments of the company are; Maritime sales of fuel oil and lubricant oil, Land sales and other channels' sales of fuel oil and lubricant oil, Catering service which provides service and supply management for clients in the oil industry's exploration and production, and Lease of solvent and petrochemical factory. The company derives the majority of its revenue from the Maritime sales of fuel oil and lubricant oil segment. The Group operates in both Thailand and foreign countries.
83GF Score
Get the complete analysis for BKK:SEAOIL
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