Ashtead Technology HoldingsCHIX:ATL -0.73%63 Return-on-Tangible-Equity is 693.97% as of Dec. 2025, which is 322% above its 10-year median of 164.64. GuruFocus rates CHIX:ATL with a GF Score™ of 63/100 and a GF Value™ of £8.82 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 947 Oil & Gas companies, Ashtead Technology Holdings ranks better than 99.89% 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. Ashtead Technology Holdings's annualized net income for the quarter that ended in Dec. 2025 was £36.7 Mil. Ashtead Technology Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2025 was £5.3 Mil. Therefore, Ashtead Technology Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 693.97%.
The historical rank and industry rank for Ashtead Technology Holdings's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:ATl'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 45.04 Med: 164.64 Max: 691.62
Current: Negative Tangible Equity
During the past 9 years, Ashtead Technology Holdings's highest Return-on-Tangible-Equity was 691.62%. The lowest was 45.04%. And the median was 164.64%.
CHIX:ATl's Return-on-Tangible-Equity is ranked better than 99.89% of 947
companies
in the Oil & Gas industry
Industry Median: 6.74
vs CHIX:ATl: Negative Tangible Equity
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.
Ashtead Technology Holdings Return-on-Tangible-Equity Related Terms
Ashtead Technology Holdings 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.
CHIX:ATL vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Ashtead Technology Holdings'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.
Ashtead Technology Holdings Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ashtead Technology Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ashtead Technology Holdings'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 693.97% mean?
Ashtead Technology Holdings (CHIX:ATL) has a Return-on-Tangible-Equity of 693.97% 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 Ashtead Technology Holdings and its competitors. This is 322% above median its historical median of 164.64. Over the past decade, Ashtead Technology Holdings' Return-on-Tangible-Equity has ranged from 45.04 to 691.62. According to the industry distribution chart, Ashtead Technology Holdings ranks #1 out of 947 companies in the Oil & Gas industry, placing it in the top 0.099999999999994%.
Is Ashtead Technology Holdings' Return-on-Tangible-Equity too high?
Ashtead Technology Holdings' current Return-on-Tangible-Equity of 693.97% is 322% above median its 10-year median of 164.64. Over the past 10 years, this metric has ranged from a low of 45.04 to a high of 691.62. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. Ashtead Technology Holdings' value of 693.97% is 10196.3% above this industry median. Based on the distribution chart, Ashtead Technology Holdings ranks #1 out of 947 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ashtead Technology Holdings has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashtead Technology Holdings' Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Ashtead Technology Holdings ranks #1 out of 947 companies for Return-on-Tangible-Equity. This places Ashtead Technology Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.74. Ashtead Technology Holdings' value of 693.97% is 10196.3% above this benchmark. Historically, Ashtead Technology Holdings' own Return-on-Tangible-Equity has ranged from 45.04 to 691.62 over the past decade. While the company's 10-year median is 164.64 vs. the industry median of 6.74, Ashtead Technology Holdings 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 6.74, based on 947 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. Ashtead Technology Holdings's current Return-on-Tangible-Equity of 693.97% is 10196.3% 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 Ashtead Technology Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashtead Technology Holdings's current Return-on-Tangible-Equity is 693.97%, which is 322% above median its own 10-year median of 164.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashtead Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ashtead Technology Holdings (CHIX:ATL) is currently considered Significantly Undervalued. The stock's GF Value™ is £8.82, compared to a current price of £4.11 — trading 53.5% below its estimated fair value. The current Return-on-Tangible-Equity is 693.97%, which is 322% above median its 10-year median of 164.64 and 10196.3% above the Oil & Gas industry median of 6.74. Ashtead Technology Holdings' overall GF Score™ is 63/100 with 2 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 Ashtead Technology Holdings (CHIX:ATL), the current Return-on-Tangible-Equity is 693.97% 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 Ashtead Technology Holdings (CHIX:ATL) Overvalued in 2026?
Based on GuruFocus' analysis, Ashtead Technology Holdings stock appears to be undervalued.
The current stock price of £4.11 is trading 53.5% below its estimated GF Value™ of £8.82.
GuruFocus considers Ashtead Technology Holdings to be Significantly Undervalued.
Key valuation signals for CHIX:ATL:
Return-on-Tangible-Equity: 693.97% (322% above median its 10-year median of 164.64)
GF Value™: £8.82 vs. price of £4.11 (53.5% below fair value)
Industry Position: 10196.3% above the Oil & Gas median (#1 of 947)
No single metric tells the full story. See the CHIX:ATL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashtead Technology Holdings PLC is a subsea equipment rental and solutions organization supporting the installation, inspection, maintenance, repair, and decommissioning of infrastructure across the offshore energy industry. Its service offering is applicable across the lifecycle of offshore wind farms and offshore oil and gas infrastructure. The company operates in the following four geographic regions, which have been determined as the Group's reportable segments. The operations of each geographic region are similar: Europe, which generates maximum revenue, the Americas, Asia-Pacific, and the Middle East.
63GF Score
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