CactusWHD +3.38%97 Return-on-Tangible-Equity is 15.78% as of Mar. 2026, which is 40% below its 10-year median of 26.38. GuruFocus rates WHD with a GF Score™ of 97/100 and a GF Value™ of $64.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 944 Oil & Gas companies, Cactus ranks better than 77.97% 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. Cactus's annualized net income for the quarter that ended in Mar. 2026 was $132 Mil. Cactus's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $834 Mil. Therefore, Cactus's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.78%.
The historical rank and industry rank for Cactus's Return-on-Tangible-Equity or its related term are showing as below:
WHD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.36 Med: 26.38 Max: 82.17
Current: 19.16
During the past 11 years, Cactus's highest Return-on-Tangible-Equity was 82.17%. The lowest was 10.36%. And the median was 26.38%.
WHD's Return-on-Tangible-Equity is ranked better than 77.97% of 944
companies
in the Oil & Gas industry
Industry Median: 6.73
vs WHD: 19.16
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.
Cactus Return-on-Tangible-Equity Related Terms
Cactus Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Cactus'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.
WHD vs USAC, TDW, OII: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Cactus'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.
Cactus Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cactus's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Cactus'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 15.78% mean?
Cactus (WHD) has a Return-on-Tangible-Equity of 15.78% 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 Cactus and its competitors. This is 40% below median its historical median of 26.38. Over the past decade, Cactus' Return-on-Tangible-Equity has ranged from 10.36 to 82.17. According to the industry distribution chart, Cactus ranks #208 out of 944 companies in the Oil & Gas industry, placing it in the top 22%.
Is Cactus' Return-on-Tangible-Equity too high?
Cactus' current Return-on-Tangible-Equity of 15.78% is 40% below median its 10-year median of 26.38. Over the past 10 years, this metric has ranged from a low of 10.36 to a high of 82.17. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Cactus' value of 15.78% is 134.5% above this industry median. Based on the distribution chart, Cactus ranks #208 out of 944 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cactus has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cactus' Return-on-Tangible-Equity compare to USAC and TDW?
According to the Oil & Gas industry distribution chart, Cactus ranks #208 out of 944 companies for Return-on-Tangible-Equity. This places Cactus in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. Cactus' value of 15.78% is 134.5% above this benchmark. Historically, Cactus' own Return-on-Tangible-Equity has ranged from 10.36 to 82.17 over the past decade. While the company's 10-year median is 26.38 vs. the industry median of 6.73, Cactus 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 6.73, based on 944 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. Cactus's current Return-on-Tangible-Equity of 15.78% is 134.5% 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 Cactus 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. Cactus's current Return-on-Tangible-Equity is 15.78%, which is 40% below median its own 10-year median of 26.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cactus stock overvalued right now?
Based on GuruFocus' analysis, Cactus (WHD) is currently considered Modestly Undervalued. The stock's GF Value™ is $64.61, compared to a current price of $50.42 — trading 22% below its estimated fair value. The current Return-on-Tangible-Equity is 15.78%, which is 40% below median its 10-year median of 26.38 and 134.5% above the Oil & Gas industry median of 6.73. Cactus' overall GF Score™ is 97/100 with 4 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 Cactus (WHD), the current Return-on-Tangible-Equity is 15.78% 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 Cactus (WHD) Overvalued in 2026?
Based on GuruFocus' analysis, Cactus stock appears to be undervalued.
The current stock price of $50.42 is trading 22% below its estimated GF Value™ of $64.61.
GuruFocus considers Cactus to be Modestly Undervalued.
Key valuation signals for WHD:
Return-on-Tangible-Equity: 15.78% (40% below median its 10-year median of 26.38)
GF Value™: $64.61 vs. price of $50.42 (22% below fair value)
Industry Position: 134.5% above the Oil & Gas median (#208 of 944)
No single metric tells the full story. See the WHD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, conventional wellheads, and production valves among others. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production. It has two operating segments; Pressure Control, which generates key revenue and Spoolable Technologies.
97GF Score
Get the complete analysis for WHD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WHD has been successfully added to your 
