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. SED Energy Holdings's annualized net income for the quarter that ended in Mar. 2026 was kr841 Mil. SED Energy Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was kr3,105 Mil. Therefore, SED Energy Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 27.08%.
The historical rank and industry rank for SED Energy Holdings's Return-on-Tangible-Equity or its related term are showing as below:
CHIX:ENHo'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -282.22 Med: -35.5 Max: 11.56
Current: 11.04
During the past 13 years, SED Energy Holdings's highest Return-on-Tangible-Equity was 11.56%. The lowest was -282.22%. And the median was -35.50%.
CHIX:ENHo's Return-on-Tangible-Equity is ranked better than 61.9% of 945
companies
in the Oil & Gas industry
Industry Median: 6.71
vs CHIX:ENHo: 11.04
SED Energy Holdings (CHIX:ENHo) 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.
SED Energy Holdings Return-on-Tangible-Equity Related Terms
SED Energy Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SED Energy Holdings'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.
SED Energy Holdings Return-on-Tangible-Equity Chart
CHIX:ENHO vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, SED Energy 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.
SED Energy Holdings Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SED Energy Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SED Energy 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 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 27.08% mean?
SED Energy Holdings (CHIX:ENHO) has a Return-on-Tangible-Equity of 27.08% 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 SED Energy Holdings and its competitors. According to the industry distribution chart, SED Energy Holdings ranks #360 out of 945 companies in the Oil & Gas industry, placing it in the top 38.1%.
Is SED Energy Holdings' Return-on-Tangible-Equity too high?
SED Energy Holdings' current Return-on-Tangible-Equity is 27.08%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.71. SED Energy Holdings' value of 27.08% is 303.6% above this industry median. Based on the distribution chart, SED Energy Holdings ranks #360 out of 945 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, SED Energy Holdings has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does SED Energy Holdings' Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, SED Energy Holdings ranks #360 out of 945 companies for Return-on-Tangible-Equity. This puts SED Energy Holdings in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.71. SED Energy Holdings' value of 27.08% is 303.6% above this benchmark. 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 6.71, based on 945 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. SED Energy Holdings's current Return-on-Tangible-Equity of 27.08% is 303.6% 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 SED Energy Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SED Energy Holdings's current Return-on-Tangible-Equity is 27.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SED Energy Holdings stock overvalued right now?
SED Energy Holdings (CHIX:ENHO) has a current Return-on-Tangible-Equity of 27.08%. The stock's GF Value™ is kr5.37, compared to a current price of kr8.39 — trading 56.2% above its estimated fair value. The current Return-on-Tangible-Equity is 27.08% and 303.6% above the Oil & Gas industry median of 6.71. SED Energy Holdings' overall GF Score™ is 53/100 with 4 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 SED Energy Holdings (CHIX:ENHO), the current Return-on-Tangible-Equity is 27.08% 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 SED Energy Holdings (CHIX:ENHO) Overvalued in 2026?
Based on GuruFocus' analysis, SED Energy Holdings stock appears to be overvalued.
The current stock price of kr8.39 is trading 56.2% above its estimated GF Value™ of kr5.37.
Key valuation signals for CHIX:ENHO:
Return-on-Tangible-Equity: 27.08%
GF Value™: kr5.37 vs. price of kr8.39 (56.2% above fair value)
Industry Position: 303.6% above the Oil & Gas median (#360 of 945)
No single metric tells the full story. See the CHIX:ENHO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SED Energy Holdings PLC is focused on the energy space and invests in and operates assets within tender-assisted drilling and the seismic acquisition shipping segment. The Group operates through two main verticals and reporting segments: Energy Drilling and Seabird Exploration. Energy Drilling, which generates maximum revenue, provides tender-assisted drilling services mainly in Southeast Asia, while Seabird Exploration provides marine seismic data acquisition services and source vessel operations for the oil and gas industry. Its fleets include EDrill-1, EDrill-2, Guo Hai Tai He, T-15, T-16, and Vencedor. The Group generates revenue mainly from time-charter contracts for rigs and service contracts for vessels, with maximum revenue generated from Thailand.
53GF Score
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