Fujairah Building Industries PJSC (ADX:FBI) Return-on-Tangible-Asset: 4.40% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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ADX:FBI Fujairah Building Industries PJSC ADX:FBI
10 GF Score
Price د.إ3.11
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What is Fujairah Building Industries PJSC Return-on-Tangible-Asset?

Fujairah Building Industries PJSC ADX:FBI 10 Return-on-Tangible-Asset is 4.40% as of Dec. 2023. GuruFocus rates ADX:FBI with a GF Score™ of 10/100.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Fujairah Building Industries PJSC's annualized Net Income for the quarter that ended in Dec. 2023 was د.إ18.0 Mil. Fujairah Building Industries PJSC's average total tangible assets for the quarter that ended in Dec. 2023 was د.إ408.1 Mil. Therefore, Fujairah Building Industries PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 4.40%.

The historical rank and industry rank for Fujairah Building Industries PJSC's Return-on-Tangible-Asset or its related term are showing as below:

ADX:FBI's Return-on-Tangible-Asset is not ranked *
in the Construction industry.
Industry Median: 3.04
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Fujairah Building Industries PJSC  (ADX:FBI) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Fujairah Building Industries PJSC Return-on-Tangible-Asset Related Terms


Fujairah Building Industries PJSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Fujairah Building Industries PJSC's Return-on-Tangible-Asset 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.

Fujairah Building Industries PJSC Return-on-Tangible-Asset Chart

Fujairah Building Industries PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.93 8.40 5.46 3.94 4.40

Fujairah Building Industries PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset 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 10.93 8.40 5.46 3.94 4.40

ADX:FBI vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison

For the Building Products & Equipment subindustry, Fujairah Building Industries PJSC's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Fujairah Building Industries PJSC Return-on-Tangible-Asset vs Construction Industry

For the Construction industry and Industrials sector, Fujairah Building Industries PJSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fujairah Building Industries PJSC's Return-on-Tangible-Asset falls into.


ADX:FBI
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Fujairah Building Industries PJSC ADX:FBI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Fujairah Building Industries PJSC Return-on-Tangible-Asset Calculation

Fujairah Building Industries PJSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=17.968/( (418.567+397.729)/ 2 )
=17.968/408.148
=4.40 %

Fujairah Building Industries PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=17.968/( (418.567+397.729)/ 2 )
=17.968/408.148
=4.40 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Dec. 2023) net income data.

What does a Return-on-Tangible-Asset of 4.40% mean?
Fujairah Building Industries PJSC (ADX:FBI) has a Return-on-Tangible-Asset of 4.40% as of Dec. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fujairah Building Industries PJSC and its competitors.
Is Fujairah Building Industries PJSC's Return-on-Tangible-Asset too high?
Fujairah Building Industries PJSC's current Return-on-Tangible-Asset is 4.40%. The Construction industry median Return-on-Tangible-Asset is 3.04. Fujairah Building Industries PJSC's value of 4.40% is 44.7% above this industry median. Overall, Fujairah Building Industries PJSC has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Fujairah Building Industries PJSC's Return-on-Tangible-Asset compare to TT and JCI?
Fujairah Building Industries PJSC's Return-on-Tangible-Asset of 4.40% can be compared against companies in the Construction industry. The industry median Return-on-Tangible-Asset is 3.04. Fujairah Building Industries PJSC's value of 4.40% is 44.7% 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-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.04, based on 1,783 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fujairah Building Industries PJSC's current Return-on-Tangible-Asset of 4.40% is 44.7% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fujairah Building Industries PJSC and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujairah Building Industries PJSC's current Return-on-Tangible-Asset is 4.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujairah Building Industries PJSC stock overvalued right now?
Fujairah Building Industries PJSC (ADX:FBI) has a current Return-on-Tangible-Asset of 4.40%. The current Return-on-Tangible-Asset is 4.40% and 44.7% above the Construction industry median of 3.04. Fujairah Building Industries PJSC's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Fujairah Building Industries PJSC (ADX:FBI), the current Return-on-Tangible-Asset is 4.40% as of Dec. 2023. 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.

Fujairah Building Industries PJSC Business Description

Address Al Hayl Industrial Area, P.O. Box 383, Fujairah, ARE
Fujairah Building Industries PJSC is engaged in the construction sector. The products of the company are Concrete products, Rockwool products, Quarry products, and Marbles and tiles. Geographically, the company derives maximum revenue from UAE.
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ3.11
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