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Dr Sulaiman Al Habib Medical Services Group (SAU:4013) ROE % : 32.61% (As of Dec. 2023)


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What is Dr Sulaiman Al Habib Medical Services Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dr Sulaiman Al Habib Medical Services Group's annualized net income for the quarter that ended in Dec. 2023 was ﷼2,100 Mil. Dr Sulaiman Al Habib Medical Services Group's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ﷼6,439 Mil. Therefore, Dr Sulaiman Al Habib Medical Services Group's annualized ROE % for the quarter that ended in Dec. 2023 was 32.61%.

The historical rank and industry rank for Dr Sulaiman Al Habib Medical Services Group's ROE % or its related term are showing as below:

SAU:4013' s ROE % Range Over the Past 10 Years
Min: 19.81   Med: 26.86   Max: 33.1
Current: 32.99

During the past 5 years, Dr Sulaiman Al Habib Medical Services Group's highest ROE % was 33.10%. The lowest was 19.81%. And the median was 26.86%.

SAU:4013's ROE % is ranked better than
93.93% of 610 companies
in the Healthcare Providers & Services industry
Industry Median: 4.115 vs SAU:4013: 32.99

Dr Sulaiman Al Habib Medical Services Group ROE % Historical Data

The historical data trend for Dr Sulaiman Al Habib Medical Services Group's ROE % 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.

* Premium members only.

Dr Sulaiman Al Habib Medical Services Group ROE % Chart

Dr Sulaiman Al Habib Medical Services Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
19.81 22.68 26.86 29.43 33.10

Dr Sulaiman Al Habib Medical Services Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.47 32.79 31.79 34.62 32.61

Competitive Comparison of Dr Sulaiman Al Habib Medical Services Group's ROE %

For the Medical Care Facilities subindustry, Dr Sulaiman Al Habib Medical Services Group's ROE %, along with its competitors' market caps and ROE % 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.


Dr Sulaiman Al Habib Medical Services Group's ROE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr Sulaiman Al Habib Medical Services Group's ROE % distribution charts can be found below:

* The bar in red indicates where Dr Sulaiman Al Habib Medical Services Group's ROE % falls into.



Dr Sulaiman Al Habib Medical Services Group ROE % Calculation

Dr Sulaiman Al Habib Medical Services Group's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=2046.014/( (5878.693+6485.485)/ 2 )
=2046.014/6182.089
=33.10 %

Dr Sulaiman Al Habib Medical Services Group's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=2100.04/( (6392.83+6485.485)/ 2 )
=2100.04/6439.1575
=32.61 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Dr Sulaiman Al Habib Medical Services Group  (SAU:4013) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2100.04/6439.1575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2100.04 / 9945.956)*(9945.956 / 15463.2355)*(15463.2355 / 6439.1575)
=Net Margin %*Asset Turnover*Equity Multiplier
=21.11 %*0.6432*2.4014
=ROA %*Equity Multiplier
=13.58 %*2.4014
=32.61 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=2100.04/6439.1575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2100.04 / 2122.7) * (2122.7 / 2191.888) * (2191.888 / 9945.956) * (9945.956 / 15463.2355) * (15463.2355 / 6439.1575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9893 * 0.9684 * 22.04 % * 0.6432 * 2.4014
=32.61 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Dr Sulaiman Al Habib Medical Services Group ROE % Related Terms

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Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 301578, Al Olaya District, Riyadh, SAU, 11372
Dr Sulaiman Al Habib Medical Services Group is a healthcare operator. The company is engaged in establishing, operating, and managing hospitals, general and specialized medical complexes, dispensaries, health care centers, diagnostics centers as well as radiology centers. It is also involved in import, wholesale and retail sales of medicines, medical products, cosmetics, and medical supplies and equipment. The company reports in three segments are Hospitals/ Healthcare Facilities, Pharmacies, and HMG Solutions / Others. The majority of the revenue is earned from the Hospitals/ Healthcare Facilities segment.

Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Headlines

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