Gulf Keystone PetroleumOSL:GKP +1.56%64 Return-on-Tangible-Equity is 9.35% as of Dec. 2025, which is 216% above its 10-year median of 2.96. GuruFocus rates OSL:GKP with a GF Score™ of 64/100 and a GF Value™ of kr22.12 (Fairly Valued). The stock has 6 warning signs investors should review. Among 942 Oil & Gas companies, Gulf Keystone Petroleum ranks worse than 59.87% 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. Gulf Keystone Petroleum's annualized net income for the quarter that ended in Dec. 2025 was kr452 Mil. Gulf Keystone Petroleum's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr4,831 Mil. Therefore, Gulf Keystone Petroleum's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 9.35%.
The historical rank and industry rank for Gulf Keystone Petroleum's Return-on-Tangible-Equity or its related term are showing as below:
OSL:GKP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -9.6 Med: 2.96 Max: 51.02
Current: 3.06
During the past 13 years, Gulf Keystone Petroleum's highest Return-on-Tangible-Equity was 51.02%. The lowest was -9.60%. And the median was 2.96%.
OSL:GKP's Return-on-Tangible-Equity is ranked worse than 59.87% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs OSL:GKP: 3.06
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.
Gulf Keystone Petroleum Return-on-Tangible-Equity Related Terms
Gulf Keystone Petroleum Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gulf Keystone Petroleum'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.
OSL:GKP vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Gulf Keystone Petroleum'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.
Gulf Keystone Petroleum Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gulf Keystone Petroleum's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gulf Keystone Petroleum'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.35% mean?
Gulf Keystone Petroleum (OSL:GKP) has a Return-on-Tangible-Equity of 9.35% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Gulf Keystone Petroleum and its competitors. This is 216% above median its historical median of 2.96. According to the industry distribution chart, Gulf Keystone Petroleum ranks #564 out of 942 companies in the Oil & Gas industry, placing it in the top 59.9%.
Is Gulf Keystone Petroleum's Return-on-Tangible-Equity too high?
Gulf Keystone Petroleum's current Return-on-Tangible-Equity of 9.35% is 216% above median its 10-year median of 2.96. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Gulf Keystone Petroleum's value of 9.35% is 38.1% above this industry median. Based on the distribution chart, Gulf Keystone Petroleum ranks #564 out of 942 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Gulf Keystone Petroleum has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gulf Keystone Petroleum's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Gulf Keystone Petroleum ranks #564 out of 942 companies for Return-on-Tangible-Equity. This places Gulf Keystone Petroleum in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.77. Gulf Keystone Petroleum's value of 9.35% is 38.1% above this benchmark. While the company's 10-year median is 2.96 vs. the industry median of 6.77, Gulf Keystone Petroleum 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 6.77, 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. Gulf Keystone Petroleum's current Return-on-Tangible-Equity of 9.35% is 38.1% 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 Gulf Keystone Petroleum 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. Gulf Keystone Petroleum's current Return-on-Tangible-Equity is 9.35%, which is 216% above median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Keystone Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Gulf Keystone Petroleum (OSL:GKP) is currently considered Fairly Valued. The stock's GF Value™ is kr22.12, compared to a current price of kr22.80 — trading 3.1% above its estimated fair value. The current Return-on-Tangible-Equity is 9.35%, which is 216% above median its 10-year median of 2.96 and 38.1% above the Oil & Gas industry median of 6.77. Gulf Keystone Petroleum's overall GF Score™ is 64/100 with 6 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 Gulf Keystone Petroleum (OSL:GKP), the current Return-on-Tangible-Equity is 9.35% as of Dec. 2025. 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 Gulf Keystone Petroleum (OSL:GKP) Overvalued in 2026?
Based on GuruFocus' analysis, Gulf Keystone Petroleum stock appears to be overvalued.
The current stock price of kr22.80 is trading 3.1% above its estimated GF Value™ of kr22.12.
GuruFocus considers Gulf Keystone Petroleum to be Fairly Valued.
Key valuation signals for OSL:GKP:
Return-on-Tangible-Equity: 9.35% (216% above median its 10-year median of 2.96)
GF Value™: kr22.12 vs. price of kr22.80 (3.1% above fair value)
Industry Position: 38.1% above the Oil & Gas median (#564 of 942)
No single metric tells the full story. See the OSL:GKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gulf Keystone Petroleum Ltd is a holding company that is engaged in the oil and gas exploration, development, and production business. The company mainly operates in the Kurdistan Region of Iraq, which consists of the Shaikan and the Erbil office, which provide support to the operations in Kurdistan. The firm has a Production Sharing Contract with the Kurdistan Regional Government. The company generates revenue from oil sales.
64GF Score
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