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. Transocean's annualized net income for the quarter that ended in Mar. 2026 was MXN5,121 Mil. Transocean's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN146,857 Mil. Therefore, Transocean's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.49%.
The historical rank and industry rank for Transocean's Return-on-Tangible-Equity or its related term are showing as below:
MEX:RIG N'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.7 Med: -7.37 Max: 5.1
Current: -31.46
During the past 13 years, Transocean's highest Return-on-Tangible-Equity was 5.10%. The lowest was -31.70%. And the median was -7.37%.
MEX:RIG N's Return-on-Tangible-Equity is ranked worse than 87.47% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs MEX:RIG N: -31.46
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.
Transocean Return-on-Tangible-Equity Related Terms
Transocean Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Transocean'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:RIG N vs VAL, NE, PTEN: Return-on-Tangible-Equity Comparison
For the Oil & Gas Drilling subindustry, Transocean'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.
Transocean Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Transocean's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Transocean'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 3.49% mean?
Transocean (MEX:RIG N) has a Return-on-Tangible-Equity of 3.49% 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 Transocean and its competitors. According to the industry distribution chart, Transocean ranks #824 out of 942 companies in the Oil & Gas industry, placing it in the top 87.5%.
Is Transocean's Return-on-Tangible-Equity too high?
Transocean's current Return-on-Tangible-Equity is 3.49%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Transocean's value of 3.49% is 48.4% below this industry median. Based on the distribution chart, Transocean ranks #824 out of 942 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Transocean has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transocean's Return-on-Tangible-Equity compare to VAL and NE?
According to the Oil & Gas industry distribution chart, Transocean ranks #824 out of 942 companies for Return-on-Tangible-Equity. This places Transocean in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.77. Transocean's value of 3.49% is 48.4% below 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 6.77, 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. Transocean's current Return-on-Tangible-Equity of 3.49% is 48.4% below 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 Transocean 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. Transocean's current Return-on-Tangible-Equity is 3.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transocean stock overvalued right now?
Based on GuruFocus' analysis, Transocean (MEX:RIG N) is currently considered Fairly Valued. The stock's GF Value™ is MXN91.47, compared to a current price of MXN89.67 — trading 2% below its estimated fair value. The current Return-on-Tangible-Equity is 3.49% and 48.4% below the Oil & Gas industry median of 6.77. Transocean's overall GF Score™ is 55/100 with 3 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 Transocean (MEX:RIG N), the current Return-on-Tangible-Equity is 3.49% 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 Transocean (MEX:RIG N) Overvalued in 2026?
Based on GuruFocus' analysis, Transocean stock appears to be undervalued.
The current stock price of MXN89.67 is trading 2% below its estimated GF Value™ of MXN91.47.
GuruFocus considers Transocean to be Fairly Valued.
Key valuation signals for MEX:RIG N:
Return-on-Tangible-Equity: 3.49%
GF Value™: MXN91.47 vs. price of MXN89.67 (2% below fair value)
Industry Position: 48.4% below the Oil & Gas median (#824 of 942)
No single metric tells the full story. See the MEX:RIG N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The company provides mobile offshore drilling rigs, related equipment, and crews to support the drilling of oil and gas wells. Its fleet mainly consists of offshore rigs, including drillships, semisubmersibles, and jackups.
55GF Score
Get the complete analysis for MEX:RIG N
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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