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Sabine Royalty TrustSBR -0.80%73 Return-on-Tangible-Equity is 759.19% as of Mar. 2026, which is 10% below its 10-year median of 841.17. GuruFocus rates SBR with a GF Score™ of 73/100 and a GF Value™ of $50.16 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 942 Oil & Gas companies, Sabine Royalty Trust ranks better than 96.39% 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. Sabine Royalty Trust's annualized net income for the quarter that ended in Mar. 2026 was $52.17 Mil. Sabine Royalty Trust's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6.87 Mil. Therefore, Sabine Royalty Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 759.19%.
The historical rank and industry rank for Sabine Royalty Trust's Return-on-Tangible-Equity or its related term are showing as below:
SBR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 572.24 Med: 841.17 Max: 973.29
Current: 899.1
During the past 13 years, Sabine Royalty Trust's highest Return-on-Tangible-Equity was 973.29%. The lowest was 572.24%. And the median was 841.17%.
SBR's Return-on-Tangible-Equity is ranked better than 96.39% of 942
companies
in the Oil & Gas industry
Industry Median: 6.77
vs SBR: 899.10
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.
Sabine Royalty Trust Return-on-Tangible-Equity Related Terms
Sabine Royalty Trust Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sabine Royalty Trust'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.
SBR vs TEN, PBT, TK: Return-on-Tangible-Equity Comparison
For the Oil & Gas Midstream subindustry, Sabine 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.
Sabine Royalty Trust Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sabine Royalty Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sabine 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 (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 759.19% mean?
Sabine Royalty Trust (SBR) has a Return-on-Tangible-Equity of 759.19% 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 Sabine Royalty Trust and its competitors. This is 10% below median its historical median of 841.17. Over the past decade, Sabine Royalty Trust's Return-on-Tangible-Equity has ranged from 572.24 to 973.29. According to the industry distribution chart, Sabine Royalty Trust ranks #34 out of 942 companies in the Oil & Gas industry, placing it in the top 3.6%.
Is Sabine Royalty Trust's Return-on-Tangible-Equity too high?
Sabine Royalty Trust's current Return-on-Tangible-Equity of 759.19% is 10% below median its 10-year median of 841.17. Over the past 10 years, this metric has ranged from a low of 572.24 to a high of 973.29. The Oil & Gas industry median Return-on-Tangible-Equity is 6.77. Sabine Royalty Trust's value of 759.19% is 11114% above this industry median. Based on the distribution chart, Sabine Royalty Trust ranks #34 out of 942 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Sabine Royalty Trust has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sabine Royalty Trust's Return-on-Tangible-Equity compare to TEN and PBT?
According to the Oil & Gas industry distribution chart, Sabine Royalty Trust ranks #34 out of 942 companies for Return-on-Tangible-Equity. This places Sabine Royalty Trust in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.77. Sabine Royalty Trust's value of 759.19% is 11114% above this benchmark. Historically, Sabine Royalty Trust's own Return-on-Tangible-Equity has ranged from 572.24 to 973.29 over the past decade. While the company's 10-year median is 841.17 vs. the industry median of 6.77, Sabine 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 6.77, 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. Sabine Royalty Trust's current Return-on-Tangible-Equity of 759.19% is 11114% 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 Sabine Royalty Trust 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. Sabine Royalty Trust's current Return-on-Tangible-Equity is 759.19%, which is 10% below median its own 10-year median of 841.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sabine Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Sabine Royalty Trust (SBR) is currently considered Significantly Overvalued. The stock's GF Value™ is $50.16, compared to a current price of $73.49 — trading 46.5% above its estimated fair value. The current Return-on-Tangible-Equity is 759.19%, which is 10% below median its 10-year median of 841.17 and 11114% above the Oil & Gas industry median of 6.77. Sabine Royalty Trust's overall GF Score™ is 73/100 with 10 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 Sabine Royalty Trust (SBR), the current Return-on-Tangible-Equity is 759.19% 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 Sabine Royalty Trust (SBR) Overvalued in 2026?
Based on GuruFocus' analysis, Sabine Royalty Trust stock appears to be overvalued.
The current stock price of $73.49 is trading 46.5% above its estimated GF Value™ of $50.16.
GuruFocus considers Sabine Royalty Trust to be Significantly Overvalued.
Key valuation signals for SBR:
Return-on-Tangible-Equity: 759.19% (10% below median its 10-year median of 841.17)
GF Value™: $50.16 vs. price of $73.49 (46.5% above fair value)
Industry Position: 11114% above the Oil & Gas median (#34 of 942)
No single metric tells the full story. See the SBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sabine Royalty Trust formed to receive Sabine Corporation's royalty and mineral interests, including landowner's royalties, overriding royalty interests, minerals production payments and any other similar, non-participatory interests, in certain Royalty Properties. The trusts producing and proved undeveloped oil and gas royalty properties are located in Florida, Louisiana, Mississippi, New Mexico, Oklahoma, and Texas.
73GF Score
Get the complete analysis for SBR
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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