Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Sui Northern Gas PipelinesKAR:SNGP -3.03%71 Return-on-Tangible-Equity is 15.20% as of Mar. 2026, which is 52% below its 10-year median of 31.55. GuruFocus rates KAR:SNGP with a GF Score™ of 71/100 and a GF Value™ of ₨70.36 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 498 Utilities - Regulated companies, Sui Northern Gas Pipelines ranks better than 75.1% 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. Sui Northern Gas Pipelines's annualized net income for the quarter that ended in Mar. 2026 was ₨11,714 Mil. Sui Northern Gas Pipelines's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₨77,047 Mil. Therefore, Sui Northern Gas Pipelines's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.20%.
The historical rank and industry rank for Sui Northern Gas Pipelines's Return-on-Tangible-Equity or its related term are showing as below:
KAR:SNGP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.49 Med: 31.55 Max: 122.32
Current: 19.72
During the past 13 years, Sui Northern Gas Pipelines's highest Return-on-Tangible-Equity was 122.32%. The lowest was 3.49%. And the median was 31.55%.
KAR:SNGP's Return-on-Tangible-Equity is ranked better than 75.1% of 498
companies
in the Utilities - Regulated industry
Industry Median: 10.91
vs KAR:SNGP: 19.72
Sui Northern Gas Pipelines (KAR:SNGP) 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.
Sui Northern Gas Pipelines Return-on-Tangible-Equity Related Terms
Sui Northern Gas Pipelines Return-on-Tangible-Equity Historical Data
* 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.
Sui Northern Gas Pipelines Return-on-Tangible-Equity Chart
KAR:SNGP vs ATO, NI, UGI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, Sui Northern Gas Pipelines'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.
Sui Northern Gas Pipelines Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Sui Northern Gas Pipelines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sui Northern Gas Pipelines'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 15.20% mean?
Sui Northern Gas Pipelines (KAR:SNGP) has a Return-on-Tangible-Equity of 15.20% 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 Sui Northern Gas Pipelines and its competitors. This is 52% below median its historical median of 31.55. Over the past decade, Sui Northern Gas Pipelines' Return-on-Tangible-Equity has ranged from 3.49 to 122.32. According to the industry distribution chart, Sui Northern Gas Pipelines ranks #124 out of 498 companies in the Utilities - Regulated industry, placing it in the top 24.9%.
Is Sui Northern Gas Pipelines' Return-on-Tangible-Equity too high?
Sui Northern Gas Pipelines' current Return-on-Tangible-Equity of 15.20% is 52% below median its 10-year median of 31.55. Over the past 10 years, this metric has ranged from a low of 3.49 to a high of 122.32. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. Sui Northern Gas Pipelines' value of 15.20% is 39.3% above this industry median. Based on the distribution chart, Sui Northern Gas Pipelines ranks #124 out of 498 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Sui Northern Gas Pipelines has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sui Northern Gas Pipelines' Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Sui Northern Gas Pipelines ranks #124 out of 498 companies for Return-on-Tangible-Equity. This places Sui Northern Gas Pipelines in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.91. Sui Northern Gas Pipelines' value of 15.20% is 39.3% above this benchmark. Historically, Sui Northern Gas Pipelines' own Return-on-Tangible-Equity has ranged from 3.49 to 122.32 over the past decade. While the company's 10-year median is 31.55 vs. the industry median of 10.91, Sui Northern Gas Pipelines has consistently been above the industry average. 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 Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 498 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. Sui Northern Gas Pipelines's current Return-on-Tangible-Equity of 15.20% is 39.3% 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 Sui Northern Gas Pipelines and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sui Northern Gas Pipelines's current Return-on-Tangible-Equity is 15.20%, which is 52% below median its own 10-year median of 31.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sui Northern Gas Pipelines stock overvalued right now?
Based on GuruFocus' analysis, Sui Northern Gas Pipelines (KAR:SNGP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨70.36, compared to a current price of ₨101.72 — trading 44.6% above its estimated fair value. The current Return-on-Tangible-Equity is 15.20%, which is 52% below median its 10-year median of 31.55 and 39.3% above the Utilities - Regulated industry median of 10.91. Sui Northern Gas Pipelines' overall GF Score™ is 71/100 with 12 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 Sui Northern Gas Pipelines (KAR:SNGP), the current Return-on-Tangible-Equity is 15.20% 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 Sui Northern Gas Pipelines (KAR:SNGP) Overvalued in 2026?
Based on GuruFocus' analysis, Sui Northern Gas Pipelines stock appears to be overvalued.
The current stock price of ₨101.72 is trading 44.6% above its estimated GF Value™ of ₨70.36.
GuruFocus considers Sui Northern Gas Pipelines to be Significantly Overvalued.
Key valuation signals for KAR:SNGP:
Return-on-Tangible-Equity: 15.20% (52% below median its 10-year median of 31.55)
GF Value™: ₨70.36 vs. price of ₨101.72 (44.6% above fair value)
Industry Position: 39.3% above the Utilities - Regulated median (#124 of 498)
No single metric tells the full story. See the KAR:SNGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sui Northern Gas Pipelines Ltd is principally engaged in the purchase, transmission, distribution and supply of natural gas. It has also expanded its activities like Engineering, Procurement, and Construction (EPC) contractor, undertaking the planning, design, and construction of pipeline projects. The company generates revenue from the sale of gas.
71GF Score
Get the complete analysis for KAR:SNGP
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
KAR:SNGP has been successfully added to your 
