Ocean Power TechnologiesOPTT -5.74%44 Return-on-Tangible-Equity is -491.50% as of Jan. 2026. GuruFocus rates OPTT with a GF Score™ of 44/100 and a GF Value™ of $0.14 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,971 Industrial Products companies, Ocean Power Technologies ranks worse than 99.16% 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. Ocean Power Technologies's annualized net income for the quarter that ended in Jan. 2026 was $-45.46 Mil. Ocean Power Technologies's average shareholder tangible equity for the quarter that ended in Jan. 2026 was $9.25 Mil. Therefore, Ocean Power Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was -491.50%.
The historical rank and industry rank for Ocean Power Technologies's Return-on-Tangible-Equity or its related term are showing as below:
OPTT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -289.55 Med: -111.85 Max: -27.68
Current: -289.55
During the past 13 years, Ocean Power Technologies's highest Return-on-Tangible-Equity was -27.68%. The lowest was -289.55%. And the median was -111.85%.
OPTT's Return-on-Tangible-Equity is ranked worse than 99.16% of 2971
companies
in the Industrial Products industry
Industry Median: 6.72
vs OPTT: -289.55
Ocean Power Technologies (AMEX:OPTT) 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.
Ocean Power Technologies Return-on-Tangible-Equity Related Terms
Ocean Power Technologies Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ocean Power Technologies'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.
Ocean Power Technologies Return-on-Tangible-Equity Chart
OPTT vs LASE, HYOR, CVV: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Ocean Power Technologies'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.
Ocean Power Technologies Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ocean Power Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ocean Power Technologies'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 (Jan. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -491.50% mean?
Ocean Power Technologies (OPTT) has a Return-on-Tangible-Equity of -491.50% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ocean Power Technologies and its competitors. According to the industry distribution chart, Ocean Power Technologies ranks #2946 out of 2971 companies in the Industrial Products industry, placing it in the top 99.2%.
Is Ocean Power Technologies' Return-on-Tangible-Equity too high?
Ocean Power Technologies' current Return-on-Tangible-Equity is -491.50%. Based on the distribution chart, Ocean Power Technologies ranks #2946 out of 2971 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ocean Power Technologies has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Power Technologies' Return-on-Tangible-Equity compare to LASE and HYOR?
According to the Industrial Products industry distribution chart, Ocean Power Technologies ranks #2946 out of 2971 companies for Return-on-Tangible-Equity. This places Ocean Power Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.72. 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,971 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. 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 Ocean Power Technologies and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Power Technologies's current Return-on-Tangible-Equity is -491.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Power Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ocean Power Technologies (OPTT) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.14, compared to a current price of $0.26 — trading 83% above its estimated fair value. The current Return-on-Tangible-Equity is -491.50%. Ocean Power Technologies' overall GF Score™ is 44/100 with 8 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 Ocean Power Technologies (OPTT), the current Return-on-Tangible-Equity is -491.50% as of Jan. 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 Ocean Power Technologies (OPTT) Overvalued in 2026?
Based on GuruFocus' analysis, Ocean Power Technologies stock appears to be overvalued.
The current stock price of $0.26 is trading 83% above its estimated GF Value™ of $0.14.
GuruFocus considers Ocean Power Technologies to be Significantly Overvalued.
Key valuation signals for OPTT:
Return-on-Tangible-Equity: -491.50%
GF Value™: $0.14 vs. price of $0.26 (83% above fair value)
No single metric tells the full story. See the OPTT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
44GF Score
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