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. NG Energy International's annualized net income for the quarter that ended in Mar. 2026 was $223.73 Mil. NG Energy International's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $55.54 Mil. Therefore, NG Energy International's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 402.80%.
The historical rank and industry rank for NG Energy International's Return-on-Tangible-Equity or its related term are showing as below:
GASXF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -597.93 Med: -99.84 Max: 89.94
Current: 89.94
During the past 13 years, NG Energy International's highest Return-on-Tangible-Equity was 89.94%. The lowest was -597.93%. And the median was -99.84%.
GASXF's Return-on-Tangible-Equity is ranked better than 95.02% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs GASXF: 89.94
NG Energy International (OTCPK:GASXF) 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.
NG Energy International Return-on-Tangible-Equity Related Terms
NG Energy International Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NG Energy International'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.
NG Energy International Return-on-Tangible-Equity Chart
GASXF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, NG Energy International'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.
NG Energy International Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NG Energy International's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NG Energy International'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 402.80% mean?
NG Energy International (GASXF) has a Return-on-Tangible-Equity of 402.80% 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 NG Energy International and its competitors. According to the industry distribution chart, NG Energy International ranks #47 out of 944 companies in the Oil & Gas industry, placing it in the top 5%.
Is NG Energy International's Return-on-Tangible-Equity too high?
NG Energy International's current Return-on-Tangible-Equity is 402.80%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. NG Energy International's value of 402.80% is 5885.1% above this industry median. Based on the distribution chart, NG Energy International ranks #47 out of 944 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, NG Energy International has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NG Energy International's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NG Energy International ranks #47 out of 944 companies for Return-on-Tangible-Equity. This places NG Energy International in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. NG Energy International's value of 402.80% is 5885.1% 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 6.73, 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. NG Energy International's current Return-on-Tangible-Equity of 402.80% is 5885.1% 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 NG Energy International 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. NG Energy International's current Return-on-Tangible-Equity is 402.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NG Energy International stock overvalued right now?
Based on GuruFocus' analysis, NG Energy International (GASXF) is currently considered Fairly Valued. The stock's GF Value™ is $0.97, compared to a current price of $0.94 — trading 3.1% below its estimated fair value. The current Return-on-Tangible-Equity is 402.80% and 5885.1% above the Oil & Gas industry median of 6.73. NG Energy International's overall GF Score™ is 22/100 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 NG Energy International (GASXF), the current Return-on-Tangible-Equity is 402.80% 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 NG Energy International (GASXF) Overvalued in 2026?
Based on GuruFocus' analysis, NG Energy International stock appears to be undervalued.
The current stock price of $0.94 is trading 3.1% below its estimated GF Value™ of $0.97.
GuruFocus considers NG Energy International to be Fairly Valued.
Key valuation signals for GASXF:
Return-on-Tangible-Equity: 402.80%
GF Value™: $0.97 vs. price of $0.94 (3.1% below fair value)
Industry Position: 5885.1% above the Oil & Gas median (#47 of 944)
No single metric tells the full story. See the GASXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas. The company's principal oil and natural gas properties include Maria Conchita Block, SN-9 Block, Tiburon Block, and VMM39 Block in Colombia.
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