China Aviation Oil (Singapore)CAOLF 67 Return-on-Tangible-Equity is 11.61% as of Dec. 2025, which is 24% above its 10-year median of 9.37. GuruFocus rates CAOLF with a GF Score™ of 67/100 and a GF Value™ of $0.98. The stock has 1 warning sign investors should review. Among 944 Oil & Gas companies, China Aviation Oil (Singapore) ranks better than 60.49% 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. China Aviation Oil (Singapore)'s annualized net income for the quarter that ended in Dec. 2025 was $121 Mil. China Aviation Oil (Singapore)'s average shareholder tangible equity for the quarter that ended in Dec. 2025 was $1,042 Mil. Therefore, China Aviation Oil (Singapore)'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 11.61%.
The historical rank and industry rank for China Aviation Oil (Singapore)'s Return-on-Tangible-Equity or its related term are showing as below:
CAOLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.72 Med: 9.37 Max: 14.51
Current: 10.65
During the past 13 years, China Aviation Oil (Singapore)'s highest Return-on-Tangible-Equity was 14.51%. The lowest was 3.72%. And the median was 9.37%.
CAOLF's Return-on-Tangible-Equity is ranked better than 60.49% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs CAOLF: 10.65
China Aviation Oil (Singapore) (OTCPK:CAOLF) 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.
China Aviation Oil (Singapore) Return-on-Tangible-Equity Related Terms
China Aviation Oil (Singapore) Return-on-Tangible-Equity Historical Data
* 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.
China Aviation Oil (Singapore) Return-on-Tangible-Equity Chart
CAOLF vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, China Aviation Oil (Singapore)'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.
China Aviation Oil (Singapore) Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Aviation Oil (Singapore)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Aviation Oil (Singapore)'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.61% mean?
China Aviation Oil (Singapore) (CAOLF) has a Return-on-Tangible-Equity of 11.61% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Aviation Oil (Singapore) and its competitors. This is 24% above median its historical median of 9.37. Over the past decade, China Aviation Oil (Singapore)'s Return-on-Tangible-Equity has ranged from 3.72 to 14.51. According to the industry distribution chart, China Aviation Oil (Singapore) ranks #373 out of 944 companies in the Oil & Gas industry, placing it in the top 39.5%.
Is China Aviation Oil (Singapore)'s Return-on-Tangible-Equity too high?
China Aviation Oil (Singapore)'s current Return-on-Tangible-Equity of 11.61% is 24% above median its 10-year median of 9.37. Over the past 10 years, this metric has ranged from a low of 3.72 to a high of 14.51. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. China Aviation Oil (Singapore)'s value of 11.61% is 72.5% above this industry median. Based on the distribution chart, China Aviation Oil (Singapore) ranks #373 out of 944 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, China Aviation Oil (Singapore) has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does China Aviation Oil (Singapore)'s Return-on-Tangible-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, China Aviation Oil (Singapore) ranks #373 out of 944 companies for Return-on-Tangible-Equity. This puts China Aviation Oil (Singapore) in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.73. China Aviation Oil (Singapore)'s value of 11.61% is 72.5% above this benchmark. Historically, China Aviation Oil (Singapore)'s own Return-on-Tangible-Equity has ranged from 3.72 to 14.51 over the past decade. While the company's 10-year median is 9.37 vs. the industry median of 6.73, China Aviation Oil (Singapore) 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 6.73, 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. China Aviation Oil (Singapore)'s current Return-on-Tangible-Equity of 11.61% is 72.5% 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 China Aviation Oil (Singapore) 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. China Aviation Oil (Singapore)'s current Return-on-Tangible-Equity is 11.61%, which is 24% above median its own 10-year median of 9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aviation Oil (Singapore) stock overvalued right now?
China Aviation Oil (Singapore) (CAOLF) has a current Return-on-Tangible-Equity of 11.61%. The stock's GF Value™ is $0.98, compared to a current price of $1.74 — trading 77.6% above its estimated fair value. The current Return-on-Tangible-Equity is 11.61%, which is 24% above median its 10-year median of 9.37 and 72.5% above the Oil & Gas industry median of 6.73. China Aviation Oil (Singapore)'s overall GF Score™ is 67/100 with 1 warning sign 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 China Aviation Oil (Singapore) (CAOLF), the current Return-on-Tangible-Equity is 11.61% as of Dec. 2025. 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 China Aviation Oil (Singapore) (CAOLF) Overvalued in 2026?
Based on GuruFocus' analysis, China Aviation Oil (Singapore) stock appears to be overvalued.
The current stock price of $1.74 is trading 77.6% above its estimated GF Value™ of $0.98.
Key valuation signals for CAOLF:
Return-on-Tangible-Equity: 11.61% (24% above median its 10-year median of 9.37)
GF Value™: $0.98 vs. price of $1.74 (77.6% above fair value)
Industry Position: 72.5% above the Oil & Gas median (#373 of 944)
No single metric tells the full story. See the CAOLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Aviation Oil (Singapore) Business Description
China Aviation Oil (Singapore) Corp Ltd provides transportation fuels. With the core business involving the supply and trading of jet fuel across China and internationally, covering Asia-Pacific, North America, Europe, and the Middle East, the company also trades other oil products, which include fuel oil, gas oil, aviation gas, and crude oil in the Asia-Pacific region. The company operates in three segments: i) Middle Distillates: It engages in supplying and trading jet fuel and gas oil. ii) Other Oil Products: It involves the supply and trading of fuel oil, crude oil, and gasoline, and iii) Investments in Oil-Related Assets: Investments in oil-related assets through the Group's holdings in associates. The majority of the company's revenue is derived from the Middle distillates segment.
67GF Score
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