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. Tatneft PJSC's annualized net income for the quarter that ended in Jun. 2022 was $4,441 Mil. Tatneft PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $14,564 Mil. Therefore, Tatneft PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was 30.49%.
The historical rank and industry rank for Tatneft PJSC's Return-on-Tangible-Equity or its related term are showing as below:
OAOFY's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 6.73 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Tatneft PJSC Return-on-Tangible-Equity Related Terms
Tatneft PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tatneft PJSC'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.
OAOFY vs XOM, CVX: Return-on-Tangible-Equity Comparison
For the Oil & Gas Integrated subindustry, Tatneft PJSC'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.
Tatneft PJSC Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tatneft PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tatneft PJSC'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. 2022) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 30.49% mean?
Tatneft PJSC (OAOFY) has a Return-on-Tangible-Equity of 30.49% as of Jun. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tatneft PJSC and its competitors.
Is Tatneft PJSC's Return-on-Tangible-Equity too high?
Tatneft PJSC's current Return-on-Tangible-Equity is 30.49%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Tatneft PJSC's value of 30.49% is 353% above this industry median. Overall, Tatneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Tatneft PJSC's Return-on-Tangible-Equity compare to XOM and CVX?
Tatneft PJSC's Return-on-Tangible-Equity of 30.49% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Equity is 6.73. Tatneft PJSC's value of 30.49% is 353% 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 6.73, based on 944 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. Tatneft PJSC's current Return-on-Tangible-Equity of 30.49% is 353% 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 Tatneft PJSC and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tatneft PJSC's current Return-on-Tangible-Equity is 30.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatneft PJSC stock overvalued right now?
Tatneft PJSC (OAOFY) has a current Return-on-Tangible-Equity of 30.49%. The current Return-on-Tangible-Equity is 30.49% and 353% above the Oil & Gas industry median of 6.73. Tatneft PJSC's overall GF Score™ is 17/100. 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 Tatneft PJSC (OAOFY), the current Return-on-Tangible-Equity is 30.49% as of Jun. 2022. 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.
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.
17GF Score
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