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. Rompetrol Rafinare's annualized net income for the quarter that ended in Sep. 2023 was €116 Mil. Rompetrol Rafinare's average shareholder tangible equity for the quarter that ended in Sep. 2023 was €385 Mil. Therefore, Rompetrol Rafinare's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was 30.20%.
The historical rank and industry rank for Rompetrol Rafinare's Return-on-Tangible-Equity or its related term are showing as below:
FRA:87R's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 6.715 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Rompetrol Rafinare Return-on-Tangible-Equity Related Terms
Rompetrol Rafinare Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Rompetrol Rafinare'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.
For the Oil & Gas Refining & Marketing subindustry, Rompetrol Rafinare'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.
Rompetrol Rafinare Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Rompetrol Rafinare's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rompetrol Rafinare'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 (Sep. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 30.20% mean?
Rompetrol Rafinare (FRA:87R) has a Return-on-Tangible-Equity of 30.20% as of Sep. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Rompetrol Rafinare and its competitors.
Is Rompetrol Rafinare's Return-on-Tangible-Equity too high?
Rompetrol Rafinare's current Return-on-Tangible-Equity is 30.20%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.72. Rompetrol Rafinare's value of 30.20% is 349.7% above this industry median.
How does Rompetrol Rafinare's Return-on-Tangible-Equity compare to ?
Rompetrol Rafinare's Return-on-Tangible-Equity of 30.20% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Equity is 6.72. Rompetrol Rafinare's value of 30.20% is 349.7% 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 6.72, based on 948 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. Rompetrol Rafinare's current Return-on-Tangible-Equity of 30.20% is 349.7% 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 Rompetrol Rafinare and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rompetrol Rafinare's current Return-on-Tangible-Equity is 30.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rompetrol Rafinare stock overvalued right now?
Rompetrol Rafinare (FRA:87R) has a current Return-on-Tangible-Equity of 30.20%. The current Return-on-Tangible-Equity is 30.20% and 349.7% above the Oil & Gas industry median of 6.72. 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 Rompetrol Rafinare (FRA:87R), the current Return-on-Tangible-Equity is 30.20% as of Sep. 2023. 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.
Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.
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