IRPC PCLFRA:TPIG +1.18%62 Return-on-Tangible-Equity is 45.33% as of Mar. 2026. GuruFocus rates FRA:TPIG with a GF Score™ of 62/100 and a GF Value™ of €0.03 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 947 Oil & Gas companies, IRPC PCL ranks better than 53.64% 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. IRPC PCL's annualized net income for the quarter that ended in Mar. 2026 was €846 Mil. IRPC PCL's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €1,867 Mil. Therefore, IRPC PCL's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 45.33%.
The historical rank and industry rank for IRPC PCL's Return-on-Tangible-Equity or its related term are showing as below:
FRA:TPIG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.81 Med: -2.6 Max: 17.96
Current: 8.15
During the past 13 years, IRPC PCL's highest Return-on-Tangible-Equity was 17.96%. The lowest was -7.81%. And the median was -2.60%.
FRA:TPIG's Return-on-Tangible-Equity is ranked better than 53.64% of 947
companies
in the Oil & Gas industry
Industry Median: 6.74
vs FRA:TPIG: 8.15
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.
IRPC PCL Return-on-Tangible-Equity Related Terms
IRPC PCL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for IRPC PCL'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.
FRA:TPIG vs VLO, MPC, PSX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, IRPC PCL'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.
IRPC PCL Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, IRPC PCL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where IRPC PCL'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 45.33% mean?
IRPC PCL (FRA:TPIG) has a Return-on-Tangible-Equity of 45.33% 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 IRPC PCL and its competitors. According to the industry distribution chart, IRPC PCL ranks #439 out of 947 companies in the Oil & Gas industry, placing it in the top 46.4%.
Is IRPC PCL's Return-on-Tangible-Equity too high?
IRPC PCL's current Return-on-Tangible-Equity is 45.33%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. IRPC PCL's value of 45.33% is 572.6% above this industry median. Based on the distribution chart, IRPC PCL ranks #439 out of 947 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, IRPC PCL has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IRPC PCL's Return-on-Tangible-Equity compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, IRPC PCL ranks #439 out of 947 companies for Return-on-Tangible-Equity. This puts IRPC PCL in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.74. IRPC PCL's value of 45.33% is 572.6% 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 6.74, 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. IRPC PCL's current Return-on-Tangible-Equity of 45.33% is 572.6% 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 IRPC PCL 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. IRPC PCL's current Return-on-Tangible-Equity is 45.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRPC PCL stock overvalued right now?
Based on GuruFocus' analysis, IRPC PCL (FRA:TPIG) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.04 — trading 43.3% above its estimated fair value. The current Return-on-Tangible-Equity is 45.33% and 572.6% above the Oil & Gas industry median of 6.74. IRPC PCL's overall GF Score™ is 62/100 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 IRPC PCL (FRA:TPIG), the current Return-on-Tangible-Equity is 45.33% 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 IRPC PCL (FRA:TPIG) Overvalued in 2026?
Based on GuruFocus' analysis, IRPC PCL stock appears to be overvalued.
The current stock price of €0.04 is trading 43.3% above its estimated GF Value™ of €0.03.
GuruFocus considers IRPC PCL to be Significantly Overvalued.
Key valuation signals for FRA:TPIG:
Return-on-Tangible-Equity: 45.33%
GF Value™: €0.03 vs. price of €0.04 (43.3% above fair value)
Industry Position: 572.6% above the Oil & Gas median (#439 of 947)
No single metric tells the full story. See the FRA:TPIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRPC PCL is a Thailand-based company. The Company is principally engaged in the petroleum and petrochemical business, with its products being refinery, lubricant, olefins, aromatics, plastic resins, and other petrochemical products. The company operates in three reportable segments: the Petroleum products segment, which produces and sells refinery, lubricant, and asphalt; the petrochemical products segment, which produces and sells olefins, aromatics, and related products, including special products; and Other business segments, includes divisions related to the Power plant, jetty, and other utilities. The majority of its revenue is derived from the Petroleum products segment. The Company operates its sales in Thailand, Singapore, and Others.
62GF Score
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