The historical rank and industry rank for SandRidge Mississippian Trust I's Return-on-Tangible-Equity or its related term are showing as below:
SDTTU'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.
SandRidge Mississippian Trust I (OTCPK:SDTTU) 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 Mississippian Trust I Return-on-Tangible-Equity Related Terms
SandRidge Mississippian Trust I Return-on-Tangible-Equity Historical Data
* 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.
SandRidge Mississippian Trust I Return-on-Tangible-Equity Chart
SDTTU vs FECOF, MMEX, DBRM: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, SandRidge Mississippian Trust I'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 Mississippian Trust I Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SandRidge Mississippian Trust I's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SandRidge Mississippian Trust I'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 (Jun. 2021) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 259.60% mean?
SandRidge Mississippian Trust I (SDTTU) has a Return-on-Tangible-Equity of 259.60% as of Jun. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on SandRidge Mississippian Trust I and its competitors.
Is SandRidge Mississippian Trust I's Return-on-Tangible-Equity too high?
SandRidge Mississippian Trust I's current Return-on-Tangible-Equity is 259.60%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. SandRidge Mississippian Trust I's value of 259.60% is 3757.4% above this industry median. Overall, SandRidge Mississippian Trust I has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SandRidge Mississippian Trust I's Return-on-Tangible-Equity compare to FECOF and MMEX?
SandRidge Mississippian Trust I's Return-on-Tangible-Equity of 259.60% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Equity is 6.73. SandRidge Mississippian Trust I's value of 259.60% is 3757.4% 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 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. SandRidge Mississippian Trust I's current Return-on-Tangible-Equity of 259.60% is 3757.4% 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 Mississippian Trust I 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. SandRidge Mississippian Trust I's current Return-on-Tangible-Equity is 259.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SandRidge Mississippian Trust I stock overvalued right now?
SandRidge Mississippian Trust I (SDTTU) has a current Return-on-Tangible-Equity of 259.60%. The current Return-on-Tangible-Equity is 259.60% and 3757.4% above the Oil & Gas industry median of 6.73. SandRidge Mississippian Trust I's overall GF Score™ is 12/100. 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 SandRidge Mississippian Trust I (SDTTU), the current Return-on-Tangible-Equity is 259.60% as of Jun. 2021. 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.
SandRidge Mississippian Trust I Business Description
SandRidge Mississippian Trust I is a statutory trust which holds royalty interests in specified oil and natural gas properties located in the Mississippian formation in Alfalfa, Garfield, Grant, and Woods counties in Oklahoma. The royalty interests entitle the Trust to receive most of the proceeds from the sale of oil, natural gas, and natural gas liquids.
12GF Score
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