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. Clean Energy Fuels's annualized net income for the quarter that ended in Mar. 2026 was €-42.9 Mil. Clean Energy Fuels's average shareholder tangible equity for the quarter that ended in Mar. 2026 was €471.8 Mil. Therefore, Clean Energy Fuels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -9.10%.
The historical rank and industry rank for Clean Energy Fuels's Return-on-Tangible-Equity or its related term are showing as below:
HAM:WIQ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -37.25 Med: -10.82 Max: 4.49
Current: -17.43
During the past 13 years, Clean Energy Fuels's highest Return-on-Tangible-Equity was 4.49%. The lowest was -37.25%. And the median was -10.82%.
HAM:WIQ's Return-on-Tangible-Equity is ranked worse than 82.59% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs HAM:WIQ: -17.43
Clean Energy Fuels (HAM:WIQ) 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.
Clean Energy Fuels Return-on-Tangible-Equity Related Terms
Clean Energy Fuels Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Clean Energy Fuels'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.
Clean Energy Fuels Return-on-Tangible-Equity Chart
HAM:WIQ vs SGU, FGPR, HEOL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels'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.
Clean Energy Fuels Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Clean Energy Fuels'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 -9.10% mean?
Clean Energy Fuels (HAM:WIQ) has a Return-on-Tangible-Equity of -9.10% 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 Clean Energy Fuels and its competitors. According to the industry distribution chart, Clean Energy Fuels ranks #778 out of 942 companies in the Oil & Gas industry, placing it in the top 82.6%.
Is Clean Energy Fuels' Return-on-Tangible-Equity too high?
Clean Energy Fuels' current Return-on-Tangible-Equity is -9.10%. Based on the distribution chart, Clean Energy Fuels ranks #778 out of 942 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Clean Energy Fuels has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Return-on-Tangible-Equity compare to SGU and FGPR?
According to the Oil & Gas industry distribution chart, Clean Energy Fuels ranks #778 out of 942 companies for Return-on-Tangible-Equity. This places Clean Energy Fuels in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.77. 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 6.77, based on 942 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. 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 Clean Energy Fuels and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Energy Fuels's current Return-on-Tangible-Equity is -9.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Clean Energy Fuels (HAM:WIQ) has a current Return-on-Tangible-Equity of -9.10%. The stock's GF Value™ is €2.59, compared to a current price of €1.91 — trading 26.3% below its estimated fair value. The current Return-on-Tangible-Equity is -9.10%. Clean Energy Fuels' overall GF Score™ is 67/100 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 Clean Energy Fuels (HAM:WIQ), the current Return-on-Tangible-Equity is -9.10% 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 Clean Energy Fuels (HAM:WIQ) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued.
The current stock price of €1.91 is trading 26.3% below its estimated GF Value™ of €2.59.
Key valuation signals for HAM:WIQ:
Return-on-Tangible-Equity: -9.10%
GF Value™: €2.59 vs. price of €1.91 (26.3% below fair value)
No single metric tells the full story. See the HAM:WIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
67GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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