Towngas Smart Energy CoTGASF -15.69%52 Return-on-Tangible-Equity is 8.38% as of Dec. 2025, which is 16% below its 10-year median of 9.98. GuruFocus rates TGASF with a GF Score™ of 52/100 and a GF Value™ of $0.46 (Fairly Valued). The stock has 6 warning signs investors should review. Among 499 Utilities - Regulated companies, Towngas Smart Energy Co ranks worse than 61.92% 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. Towngas Smart Energy Co's annualized net income for the quarter that ended in Dec. 2025 was $213 Mil. Towngas Smart Energy Co's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $2,535 Mil. Therefore, Towngas Smart Energy Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 8.38%.
The historical rank and industry rank for Towngas Smart Energy Co's Return-on-Tangible-Equity or its related term are showing as below:
TGASF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.94 Med: 9.98 Max: 15.93
Current: 8.19
During the past 13 years, Towngas Smart Energy Co's highest Return-on-Tangible-Equity was 15.93%. The lowest was 5.94%. And the median was 9.98%.
TGASF's Return-on-Tangible-Equity is ranked worse than 61.92% of 499
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs TGASF: 8.19
Towngas Smart Energy Co (OTCPK:TGASF) 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.
Towngas Smart Energy Co Return-on-Tangible-Equity Related Terms
Towngas Smart Energy Co Return-on-Tangible-Equity Historical Data
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The historical data trend for Towngas Smart Energy Co'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.
Towngas Smart Energy Co Return-on-Tangible-Equity Chart
TGASF vs ATO, NI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, Towngas Smart Energy Co'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.
Towngas Smart Energy Co Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Towngas Smart Energy Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Towngas Smart Energy Co'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 8.38% mean?
Towngas Smart Energy Co (TGASF) has a Return-on-Tangible-Equity of 8.38% 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 Towngas Smart Energy Co and its competitors. This is 16% below median its historical median of 9.98. Over the past decade, Towngas Smart Energy Co's Return-on-Tangible-Equity has ranged from 5.94 to 15.93. According to the industry distribution chart, Towngas Smart Energy Co ranks #309 out of 499 companies in the Utilities - Regulated industry, placing it in the top 61.9%.
Is Towngas Smart Energy Co's Return-on-Tangible-Equity too high?
Towngas Smart Energy Co's current Return-on-Tangible-Equity of 8.38% is 16% below median its 10-year median of 9.98. Over the past 10 years, this metric has ranged from a low of 5.94 to a high of 15.93. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.90. Towngas Smart Energy Co's value of 8.38% is 23.1% below this industry median. Based on the distribution chart, Towngas Smart Energy Co ranks #309 out of 499 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Towngas Smart Energy Co has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towngas Smart Energy Co's Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Towngas Smart Energy Co ranks #309 out of 499 companies for Return-on-Tangible-Equity. This places Towngas Smart Energy Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 10.90. Towngas Smart Energy Co's value of 8.38% is 23.1% below this benchmark. Historically, Towngas Smart Energy Co's own Return-on-Tangible-Equity has ranged from 5.94 to 15.93 over the past decade. While the company's 10-year median is 9.98 vs. the industry median of 10.90, Towngas Smart Energy Co has consistently been below 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 Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.90, based on 499 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. Towngas Smart Energy Co's current Return-on-Tangible-Equity of 8.38% is 23.1% below 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 Towngas Smart Energy Co and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Towngas Smart Energy Co's current Return-on-Tangible-Equity is 8.38%, which is 16% below median its own 10-year median of 9.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towngas Smart Energy Co stock overvalued right now?
Based on GuruFocus' analysis, Towngas Smart Energy Co (TGASF) is currently considered Fairly Valued. The stock's GF Value™ is $0.46, compared to a current price of $0.43 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Equity is 8.38%, which is 16% below median its 10-year median of 9.98 and 23.1% below the Utilities - Regulated industry median of 10.90. Towngas Smart Energy Co's overall GF Score™ is 52/100 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 Towngas Smart Energy Co (TGASF), the current Return-on-Tangible-Equity is 8.38% 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 Towngas Smart Energy Co (TGASF) Overvalued in 2026?
Based on GuruFocus' analysis, Towngas Smart Energy Co stock appears to be undervalued.
The current stock price of $0.43 is trading 6.8% below its estimated GF Value™ of $0.46.
GuruFocus considers Towngas Smart Energy Co to be Fairly Valued.
Key valuation signals for TGASF:
Return-on-Tangible-Equity: 8.38% (16% below median its 10-year median of 9.98)
GF Value™: $0.46 vs. price of $0.43 (6.8% below fair value)
Industry Position: 23.1% below the Utilities - Regulated median (#309 of 499)
No single metric tells the full story. See the TGASF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Towngas Smart Energy Co Ltd is an investment holding company engaged in the sales of piped gas, renewable energy, and other types of energy, the construction of gas pipelines, the sale of gas appliances and related products, and other value-added services in the People's Republic of China. The operating segment of the company are Gas business and Renewable energy business. The Renewable energy business is engaged in Sales of renewable energy (mainly photovoltaic power) and other related energy and services and the Gas business is further categorized in Sales of piped gas, Gas connection, Gas-related products and services. The company derives maximum revenue from the Sales of piped gas and other gas-related energy. All of the Group' s revenue is generated in the PRC.
52GF Score
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