Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Fire & Gas Detection Technologies's Return-on-Tangible-Equity or its related term are showing as below:
XTAE:FGAS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -110.12 Med: -75.13 Max: -22.62
Current: -30.04
During the past 8 years, Fire & Gas Detection Technologies's highest Return-on-Tangible-Equity was -22.62%. The lowest was -110.12%. And the median was -75.13%.
XTAE:FGAS's Return-on-Tangible-Equity is ranked worse than 86.85% of 943
companies
in the Oil & Gas industry
Industry Median: 6.73
vs XTAE:FGAS: -30.04
Fire & Gas Detection Technologies (XTAE:FGAS) 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.
Fire & Gas Detection Technologies Return-on-Tangible-Equity Related Terms
Fire & Gas Detection Technologies 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.
Fire & Gas Detection Technologies Return-on-Tangible-Equity Chart
XTAE:FGAS vs SLB, BKR, FTI: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Fire & Gas Detection Technologies'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.
Fire & Gas Detection Technologies Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Fire & Gas Detection Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fire & Gas Detection Technologies'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 37.72% mean?
Fire & Gas Detection Technologies (XTAE:FGAS) has a Return-on-Tangible-Equity of 37.72% 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 Fire & Gas Detection Technologies and its competitors. According to the industry distribution chart, Fire & Gas Detection Technologies ranks #819 out of 943 companies in the Oil & Gas industry, placing it in the top 86.9%.
Is Fire & Gas Detection Technologies' Return-on-Tangible-Equity too high?
Fire & Gas Detection Technologies' current Return-on-Tangible-Equity is 37.72%. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. Fire & Gas Detection Technologies' value of 37.72% is 460.5% above this industry median. Based on the distribution chart, Fire & Gas Detection Technologies ranks #819 out of 943 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Fire & Gas Detection Technologies has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fire & Gas Detection Technologies' Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Fire & Gas Detection Technologies ranks #819 out of 943 companies for Return-on-Tangible-Equity. This places Fire & Gas Detection Technologies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.73. Fire & Gas Detection Technologies' value of 37.72% is 460.5% 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 943 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. Fire & Gas Detection Technologies's current Return-on-Tangible-Equity of 37.72% is 460.5% 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 Fire & Gas Detection Technologies 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. Fire & Gas Detection Technologies's current Return-on-Tangible-Equity is 37.72%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fire & Gas Detection Technologies stock overvalued right now?
Based on GuruFocus' analysis, Fire & Gas Detection Technologies (XTAE:FGAS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪13.69, compared to a current price of ₪9.81 — trading 28.4% below its estimated fair value. The current Return-on-Tangible-Equity is 37.72% and 460.5% above the Oil & Gas industry median of 6.73. Fire & Gas Detection Technologies' overall GF Score™ is 67/100 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 Fire & Gas Detection Technologies (XTAE:FGAS), the current Return-on-Tangible-Equity is 37.72% 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 Fire & Gas Detection Technologies (XTAE:FGAS) Overvalued in 2026?
Based on GuruFocus' analysis, Fire & Gas Detection Technologies stock appears to be undervalued.
The current stock price of ₪9.81 is trading 28.4% below its estimated GF Value™ of ₪13.69.
GuruFocus considers Fire & Gas Detection Technologies to be Modestly Undervalued.
Key valuation signals for XTAE:FGAS:
Return-on-Tangible-Equity: 37.72%
GF Value™: ₪13.69 vs. price of ₪9.81 (28.4% below fair value)
Industry Position: 460.5% above the Oil & Gas median (#819 of 943)
No single metric tells the full story. See the XTAE:FGAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fire & Gas Detection Technologies Business Description
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XTAE:FGAS has been successfully added to your 
