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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. Barnwell Industries's annualized net income for the quarter that ended in Mar. 2026 was $-4.60 Mil. Barnwell Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $8.15 Mil. Therefore, Barnwell Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -56.48%.
The historical rank and industry rank for Barnwell Industries's Return-on-Tangible-Equity or its related term are showing as below:
BRN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -143.89 Med: -10.64 Max: 167.78
Current: -78.04
During the past 13 years, Barnwell Industries's highest Return-on-Tangible-Equity was 167.78%. The lowest was -143.89%. And the median was -10.64%.
BRN's Return-on-Tangible-Equity is ranked worse than 93.32% of 943
companies
in the Oil & Gas industry
Industry Median: 6.76
vs BRN: -78.04
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.
Barnwell Industries Return-on-Tangible-Equity Related Terms
Barnwell Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Barnwell Industries'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.
BRN vs MXC, NRIS, TPET: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Barnwell Industries'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.
Barnwell Industries Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Barnwell Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Barnwell Industries'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 -56.48% mean?
Barnwell Industries (BRN) has a Return-on-Tangible-Equity of -56.48% 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 Barnwell Industries and its competitors. According to the industry distribution chart, Barnwell Industries ranks #880 out of 943 companies in the Oil & Gas industry, placing it in the top 93.3%.
Is Barnwell Industries' Return-on-Tangible-Equity too high?
Barnwell Industries' current Return-on-Tangible-Equity is -56.48%. Based on the distribution chart, Barnwell Industries ranks #880 out of 943 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Barnwell Industries has a GF Score™ of 27/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barnwell Industries' Return-on-Tangible-Equity compare to MXC and NRIS?
According to the Oil & Gas industry distribution chart, Barnwell Industries ranks #880 out of 943 companies for Return-on-Tangible-Equity. This places Barnwell Industries in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.76. 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. 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 Barnwell Industries 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. Barnwell Industries's current Return-on-Tangible-Equity is -56.48%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barnwell Industries stock overvalued right now?
Based on GuruFocus' analysis, Barnwell Industries (BRN) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.93, compared to a current price of $1.05 — trading 12.9% above its estimated fair value. The current Return-on-Tangible-Equity is -56.48%. Barnwell Industries' overall GF Score™ is 27/100 with 7 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 Barnwell Industries (BRN), the current Return-on-Tangible-Equity is -56.48% 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 Barnwell Industries (BRN) Overvalued in 2026?
Based on GuruFocus' analysis, Barnwell Industries stock appears to be overvalued.
The current stock price of $1.05 is trading 12.9% above its estimated GF Value™ of $0.93.
GuruFocus considers Barnwell Industries to be Modestly Overvalued.
Key valuation signals for BRN:
Return-on-Tangible-Equity: -56.48%
GF Value™: $0.93 vs. price of $1.05 (12.9% above fair value)
No single metric tells the full story. See the BRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barnwell Industries Inc is an oil and gas company engaged in the acquisition, development, production, and sale of crude oil and natural gas. The Company operates through two segments: the Oil and Natural Gas segment, which focuses on oil and natural gas development, production, acquisitions, and sales in the United States and Canada; and the Land Investment segment, which owns leasehold land interests in Hawaii. The Company generates the majority of its revenue from the Oil and Natural Gas segment. The company operates in two geographic regions, the United States and Canada, with Canada contributing the majority of revenue.
27GF Score
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