DHT HoldingsMEX:DHTN 61 Return-on-Tangible-Equity is 55.74% as of Mar. 2026, which is 694% above its 10-year median of 7.02. GuruFocus rates MEX:DHTN with a GF Score™ of 61/100 and a GF Value™ of MXN191.99 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 945 Oil & Gas companies, DHT Holdings ranks better than 86.56% 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. DHT Holdings's annualized net income for the quarter that ended in Mar. 2026 was MXN11,867 Mil. DHT Holdings's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN21,292 Mil. Therefore, DHT Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 55.74%.
The historical rank and industry rank for DHT Holdings's Return-on-Tangible-Equity or its related term are showing as below:
MEX:DHTN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.25 Med: 7.02 Max: 29.59
Current: 29.59
During the past 13 years, DHT Holdings's highest Return-on-Tangible-Equity was 29.59%. The lowest was -5.25%. And the median was 7.02%.
MEX:DHTN's Return-on-Tangible-Equity is ranked better than 86.56% of 945
companies
in the Oil & Gas industry
Industry Median: 6.71
vs MEX:DHTN: 29.59
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.
DHT Holdings Return-on-Tangible-Equity Related Terms
DHT Holdings Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for DHT Holdings'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.
MEX:DHTN vs TNK, NGL, SUNC: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, DHT Holdings'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.
DHT Holdings Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DHT Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DHT Holdings'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 55.74% mean?
DHT Holdings (MEX:DHTN) has a Return-on-Tangible-Equity of 55.74% 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 DHT Holdings and its competitors. This is 694% above median its historical median of 7.02. According to the industry distribution chart, DHT Holdings ranks #127 out of 945 companies in the Oil & Gas industry, placing it in the top 13.4%.
Is DHT Holdings' Return-on-Tangible-Equity too high?
DHT Holdings' current Return-on-Tangible-Equity of 55.74% is 694% above median its 10-year median of 7.02. The Oil & Gas industry median Return-on-Tangible-Equity is 6.71. DHT Holdings' value of 55.74% is 730.7% above this industry median. Based on the distribution chart, DHT Holdings ranks #127 out of 945 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, DHT Holdings has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Return-on-Tangible-Equity compare to TNK and NGL?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #127 out of 945 companies for Return-on-Tangible-Equity. This places DHT Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.71. DHT Holdings' value of 55.74% is 730.7% above this benchmark. While the company's 10-year median is 7.02 vs. the industry median of 6.71, DHT Holdings 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.71, 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. DHT Holdings's current Return-on-Tangible-Equity of 55.74% is 730.7% 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 DHT Holdings and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Return-on-Tangible-Equity is 55.74%, which is 694% above median its own 10-year median of 7.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (MEX:DHTN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN191.99, compared to a current price of MXN311.00 — trading 62% above its estimated fair value. The current Return-on-Tangible-Equity is 55.74%, which is 694% above median its 10-year median of 7.02 and 730.7% above the Oil & Gas industry median of 6.71. DHT Holdings' overall GF Score™ is 61/100 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 DHT Holdings (MEX:DHTN), the current Return-on-Tangible-Equity is 55.74% 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 DHT Holdings (MEX:DHTN) Overvalued in 2026?
Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued.
The current stock price of MXN311.00 is trading 62% above its estimated GF Value™ of MXN191.99.
GuruFocus considers DHT Holdings to be Significantly Overvalued.
Key valuation signals for MEX:DHTN:
Return-on-Tangible-Equity: 55.74% (694% above median its 10-year median of 7.02)
GF Value™: MXN191.99 vs. price of MXN311.00 (62% above fair value)
Industry Position: 730.7% above the Oil & Gas median (#127 of 945)
No single metric tells the full story. See the MEX:DHTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
61GF Score
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