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Rockpoint Gas StorageTSX:RGSI +1.37%18 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates TSX:RGSI with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 497 Utilities - Regulated companies, Rockpoint Gas Storage ranks better than 99.8% 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. Rockpoint Gas Storage's annualized net income for the quarter that ended in Mar. 2026 was C$133.9 Mil. Rockpoint Gas Storage's average shareholder tangible equity for the quarter that ended in Mar. 2026 was C$-448.2 Mil. Therefore, Rockpoint Gas Storage's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Rockpoint Gas Storage's Return-on-Tangible-Equity or its related term are showing as below:
TSX:RGSI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 116.31 Med: 7453.36 Max: 14790.41
Current: Negative Tangible Equity
During the past 4 years, Rockpoint Gas Storage's highest Return-on-Tangible-Equity was 14,790.41%. The lowest was 116.31%. And the median was 7,453.36%.
TSX:RGSI's Return-on-Tangible-Equity is ranked better than 99.8% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.9
vs TSX:RGSI: Negative Tangible Equity
Rockpoint Gas Storage (TSX:RGSI) 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.
Rockpoint Gas Storage Return-on-Tangible-Equity Related Terms
Rockpoint Gas Storage Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Rockpoint Gas Storage'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.
Rockpoint Gas Storage Return-on-Tangible-Equity Chart
TSX:RGSI vs ATO, NI, UGI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, Rockpoint Gas Storage'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.
Rockpoint Gas Storage Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rockpoint Gas Storage's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rockpoint Gas Storage'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 Negative Tangible Equity% mean?
Rockpoint Gas Storage (TSX:RGSI) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Rockpoint Gas Storage and its competitors. Over the past decade, Rockpoint Gas Storage's Return-on-Tangible-Equity has ranged from 116.31 to 14,790.41. According to the industry distribution chart, Rockpoint Gas Storage ranks #1 out of 497 companies in the Utilities - Regulated industry, placing it in the top 0.2%.
Is Rockpoint Gas Storage's Return-on-Tangible-Equity too high?
Rockpoint Gas Storage's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 116.31 to a high of 14,790.41. Based on the distribution chart, Rockpoint Gas Storage ranks #1 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Rockpoint Gas Storage has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rockpoint Gas Storage's Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Rockpoint Gas Storage ranks #1 out of 497 companies for Return-on-Tangible-Equity. This places Rockpoint Gas Storage in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.90. Historically, Rockpoint Gas Storage's own Return-on-Tangible-Equity has ranged from 116.31 to 14,790.41 over the past decade. 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 497 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. 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 Rockpoint Gas Storage 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. Rockpoint Gas Storage's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rockpoint Gas Storage stock overvalued right now?
Rockpoint Gas Storage (TSX:RGSI) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Rockpoint Gas Storage's overall GF Score™ is 18/100 with 5 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 Rockpoint Gas Storage (TSX:RGSI), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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.
Rockpoint Gas Storage Inc independent operator of natural gas storage facilities in North America. The business has a single reportable segment, natural gas storage.
18GF Score
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