North European Oil Royalty TrustNRT -2.19%69 Return-on-Tangible-Equity is 437.99% as of Apr. 2026, which is 91% below its 10-year median of 5,101.89. GuruFocus rates NRT with a GF Score™ of 69/100 and a GF Value™ of $7.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 945 Oil & Gas companies, North European Oil Royalty Trust ranks better than 96.3% on this metric.
The historical rank and industry rank for North European Oil Royalty Trust's Return-on-Tangible-Equity or its related term are showing as below:
NRT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 452.21 Med: 5101.89 Max: 8710.64
Current: 503.81
During the past 13 years, North European Oil Royalty Trust's highest Return-on-Tangible-Equity was 8,710.64%. The lowest was 452.21%. And the median was 5,101.89%.
NRT's Return-on-Tangible-Equity is ranked better than 96.3% of 945
companies
in the Oil & Gas industry
Industry Median: 6.74
vs NRT: 503.81
North European Oil Royalty Trust (NYSE:NRT) 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.
North European Oil Royalty Trust Return-on-Tangible-Equity Related Terms
North European Oil Royalty Trust 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.
North European Oil Royalty Trust Return-on-Tangible-Equity Chart
NRT vs PROP, LRDC, PVL: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, North European Oil Royalty Trust'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.
North European Oil Royalty Trust Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, North European Oil Royalty Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where North European Oil Royalty Trust'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 437.99% mean?
North European Oil Royalty Trust (NRT) has a Return-on-Tangible-Equity of 437.99% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on North European Oil Royalty Trust and its competitors. This is 91% below median its historical median of 5,101.89. Over the past decade, North European Oil Royalty Trust's Return-on-Tangible-Equity has ranged from 452.21 to 8,710.64. According to the industry distribution chart, North European Oil Royalty Trust ranks #35 out of 945 companies in the Oil & Gas industry, placing it in the top 3.7%.
Is North European Oil Royalty Trust's Return-on-Tangible-Equity too high?
North European Oil Royalty Trust's current Return-on-Tangible-Equity of 437.99% is 91% below median its 10-year median of 5,101.89. Over the past 10 years, this metric has ranged from a low of 452.21 to a high of 8,710.64. The Oil & Gas industry median Return-on-Tangible-Equity is 6.74. North European Oil Royalty Trust's value of 437.99% is 6398.4% above this industry median. Based on the distribution chart, North European Oil Royalty Trust ranks #35 out of 945 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, North European Oil Royalty Trust has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does North European Oil Royalty Trust's Return-on-Tangible-Equity compare to PROP and LRDC?
According to the Oil & Gas industry distribution chart, North European Oil Royalty Trust ranks #35 out of 945 companies for Return-on-Tangible-Equity. This places North European Oil Royalty Trust in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.74. North European Oil Royalty Trust's value of 437.99% is 6398.4% above this benchmark. Historically, North European Oil Royalty Trust's own Return-on-Tangible-Equity has ranged from 452.21 to 8,710.64 over the past decade. While the company's 10-year median is 5,101.89 vs. the industry median of 6.74, North European Oil Royalty Trust 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 6.74, 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. North European Oil Royalty Trust's current Return-on-Tangible-Equity of 437.99% is 6398.4% 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 North European Oil Royalty Trust 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. North European Oil Royalty Trust's current Return-on-Tangible-Equity is 437.99%, which is 91% below median its own 10-year median of 5,101.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North European Oil Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, North European Oil Royalty Trust (NRT) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.94, compared to a current price of $7.15 — trading 10% below its estimated fair value. The current Return-on-Tangible-Equity is 437.99%, which is 91% below median its 10-year median of 5,101.89 and 6398.4% above the Oil & Gas industry median of 6.74. North European Oil Royalty Trust's overall GF Score™ is 69/100 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 North European Oil Royalty Trust (NRT), the current Return-on-Tangible-Equity is 437.99% as of Apr. 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 North European Oil Royalty Trust (NRT) Overvalued in 2026?
Based on GuruFocus' analysis, North European Oil Royalty Trust stock appears to be undervalued.
The current stock price of $7.15 is trading 10% below its estimated GF Value™ of $7.94.
GuruFocus considers North European Oil Royalty Trust to be Modestly Undervalued.
Key valuation signals for NRT:
Return-on-Tangible-Equity: 437.99% (91% below median its 10-year median of 5,101.89)
GF Value™: $7.94 vs. price of $7.15 (10% below fair value)
Industry Position: 6398.4% above the Oil & Gas median (#35 of 945)
No single metric tells the full story. See the NRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
North European Oil Royalty Trust Business Description
North European Oil Royalty Trust holds overriding royalty rights covering gas and oil production in certain concessions or leases in the Federal Republic of Germany. The properties of the trust are overriding royalty rights on sales of gas, sulfur, and oil under certain concessions or leases in the Federal Republic of Germany. The trust also holds other royalty rights, which are based on leases. It receives various percentages of royalties on the proceeds of the sales of certain products from the areas involved.
69GF Score
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