FeniksoLEKOF Return-on-Tangible-Equity is 15.04% as of Jun. 2025. The stock has 1 warning sign investors should review. Among 945 Oil & Gas companies, Fenikso ranks better than 66.24% 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. Fenikso's annualized net income for the quarter that ended in Jun. 2025 was $3.16 Mil. Fenikso's average shareholder tangible equity for the quarter that ended in Jun. 2025 was $21.00 Mil. Therefore, Fenikso's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2025 was 15.04%.
The historical rank and industry rank for Fenikso's Return-on-Tangible-Equity or its related term are showing as below:
LEKOF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -130.43 Med: -6.83 Max: 12.55
Current: 12.55
During the past 13 years, Fenikso's highest Return-on-Tangible-Equity was 12.55%. The lowest was -130.43%. And the median was -6.83%.
LEKOF's Return-on-Tangible-Equity is ranked better than 66.24% of 945
companies
in the Oil & Gas industry
Industry Median: 6.74
vs LEKOF: 12.55
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.
Fenikso Return-on-Tangible-Equity Related Terms
Fenikso Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Fenikso'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.
LEKOF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Fenikso'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.
Fenikso Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Fenikso's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fenikso'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 two times the semi-annual (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.04% mean?
Fenikso (LEKOF) has a Return-on-Tangible-Equity of 15.04% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Fenikso and its competitors. According to the industry distribution chart, Fenikso ranks #319 out of 945 companies in the Oil & Gas industry, placing it in the top 33.8%.
Is Fenikso's Return-on-Tangible-Equity too high?
Fenikso's current Return-on-Tangible-Equity is 15.04%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. Fenikso's value of 15.04% is 123.1% above this industry median. Based on the distribution chart, Fenikso ranks #319 out of 945 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Fenikso's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fenikso ranks #319 out of 945 companies for Return-on-Tangible-Equity. This puts Fenikso in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.74. Fenikso's value of 15.04% is 123.1% 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 6.74, based on 945 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. Fenikso's current Return-on-Tangible-Equity of 15.04% is 123.1% 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 Fenikso 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. Fenikso's current Return-on-Tangible-Equity is 15.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenikso stock overvalued right now?
Fenikso (LEKOF) has a current Return-on-Tangible-Equity of 15.04%. The current Return-on-Tangible-Equity is 15.04% and 123.1% above the Oil & Gas industry median of 6.74. 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 Fenikso (LEKOF), the current Return-on-Tangible-Equity is 15.04% as of Jun. 2025. 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.
Fenikso Ltd is functional in the upstream oil and gas industry in Nigeria. The company earns its income from proceeds of oil sales at Otakikpo field in Nigeria.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LEKOF has been successfully added to your 