SandRidge EnergySD +2.15%73 Return-on-Tangible-Equity is 14.41% as of Mar. 2026, which is 13% above its 10-year median of 12.73. GuruFocus rates SD with a GF Score™ of 73/100 and a GF Value™ of $15.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 948 Oil & Gas companies, SandRidge Energy ranks better than 71.2% 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. SandRidge Energy's annualized net income for the quarter that ended in Mar. 2026 was $74.7 Mil. SandRidge Energy's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $518.4 Mil. Therefore, SandRidge Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.41%.
The historical rank and industry rank for SandRidge Energy's Return-on-Tangible-Equity or its related term are showing as below:
SD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -104.56 Med: 12.73 Max: 66.05
Current: 15.32
During the past 13 years, SandRidge Energy's highest Return-on-Tangible-Equity was 66.05%. The lowest was -104.56%. And the median was 12.73%.
SD's Return-on-Tangible-Equity is ranked better than 71.2% of 948
companies
in the Oil & Gas industry
Industry Median: 6.71
vs SD: 15.32
SandRidge Energy (NYSE:SD) 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.
SandRidge Energy Return-on-Tangible-Equity Related Terms
SandRidge Energy Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for SandRidge Energy'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.
SD vs WTI, EGY, ZNOG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, SandRidge Energy'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.
SandRidge Energy Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SandRidge Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SandRidge Energy'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 14.41% mean?
SandRidge Energy (SD) has a Return-on-Tangible-Equity of 14.41% 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 SandRidge Energy and its competitors. This is 13% above median its historical median of 12.73. According to the industry distribution chart, SandRidge Energy ranks #273 out of 948 companies in the Oil & Gas industry, placing it in the top 28.8%.
Is SandRidge Energy's Return-on-Tangible-Equity too high?
SandRidge Energy's current Return-on-Tangible-Equity of 14.41% is 13% above median its 10-year median of 12.73. The Oil & Gas industry median Return-on-Tangible-Equity is 6.71. SandRidge Energy's value of 14.41% is 114.8% above this industry median. Based on the distribution chart, SandRidge Energy ranks #273 out of 948 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, SandRidge Energy has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SandRidge Energy's Return-on-Tangible-Equity compare to WTI and EGY?
According to the Oil & Gas industry distribution chart, SandRidge Energy ranks #273 out of 948 companies for Return-on-Tangible-Equity. This puts SandRidge Energy in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.71. SandRidge Energy's value of 14.41% is 114.8% above this benchmark. While the company's 10-year median is 12.73 vs. the industry median of 6.71, SandRidge Energy 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 6.71, based on 948 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. SandRidge Energy's current Return-on-Tangible-Equity of 14.41% is 114.8% 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 SandRidge Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SandRidge Energy's current Return-on-Tangible-Equity is 14.41%, which is 13% above median its own 10-year median of 12.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SandRidge Energy stock overvalued right now?
Based on GuruFocus' analysis, SandRidge Energy (SD) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.81, compared to a current price of $13.80 — trading 12.7% below its estimated fair value. The current Return-on-Tangible-Equity is 14.41%, which is 13% above median its 10-year median of 12.73 and 114.8% above the Oil & Gas industry median of 6.71. SandRidge Energy's overall GF Score™ is 73/100 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 SandRidge Energy (SD), the current Return-on-Tangible-Equity is 14.41% 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 SandRidge Energy (SD) Overvalued in 2026?
Based on GuruFocus' analysis, SandRidge Energy stock appears to be undervalued.
The current stock price of $13.80 is trading 12.7% below its estimated GF Value™ of $15.81.
GuruFocus considers SandRidge Energy to be Modestly Undervalued.
Key valuation signals for SD:
Return-on-Tangible-Equity: 14.41% (13% above median its 10-year median of 12.73)
GF Value™: $15.81 vs. price of $13.80 (12.7% below fair value)
Industry Position: 114.8% above the Oil & Gas median (#273 of 948)
No single metric tells the full story. See the SD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SandRidge Energy Inc is a United States-based oil and natural gas company. It is engaged in the exploration, development, and production of crude oil, natural gas, and Natural gas liquids. Business activities of the group include Exploration and Production, Drilling and Oil Field Services, and Midstream Gas Services. The company's primary areas of operation are the Mid-Continent in Oklahoma and Kansas.
73GF Score
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