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Pure Health Holding PJSC (ADX:PUREHEALTH) Return-on-Tangible-Asset : 5.10% (As of Mar. 2025)


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What is Pure Health Holding PJSC Return-on-Tangible-Asset?

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. Pure Health Holding PJSC's annualized Net Income for the quarter that ended in Mar. 2025 was د.إ2,015 Mil. Pure Health Holding PJSC's average total tangible assets for the quarter that ended in Mar. 2025 was د.إ39,487 Mil. Therefore, Pure Health Holding PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 5.10%.

The historical rank and industry rank for Pure Health Holding PJSC's Return-on-Tangible-Asset or its related term are showing as below:

ADX:PUREHEALTH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.34   Med: 5.37   Max: 37.97
Current: 4.34

During the past 4 years, Pure Health Holding PJSC's highest Return-on-Tangible-Asset was 37.97%. The lowest was 4.34%. And the median was 5.37%.

ADX:PUREHEALTH's Return-on-Tangible-Asset is ranked better than
62.5% of 688 companies
in the Healthcare Providers & Services industry
Industry Median: 1.64 vs ADX:PUREHEALTH: 4.34

Pure Health Holding PJSC Return-on-Tangible-Asset Historical Data

The historical data trend for Pure Health Holding 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.

* Premium members only.

Pure Health Holding PJSC Return-on-Tangible-Asset Chart

Pure Health Holding PJSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
- 37.97 4.45 5.37

Pure Health Holding PJSC Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.16 5.14 4.30 2.78 5.10

Competitive Comparison of Pure Health Holding PJSC's Return-on-Tangible-Asset

For the Medical Care Facilities subindustry, Pure Health Holding 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.


Pure Health Holding PJSC's Return-on-Tangible-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Pure Health Holding PJSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pure Health Holding PJSC's Return-on-Tangible-Asset falls into.


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Pure Health Holding PJSC Return-on-Tangible-Asset Calculation

Pure Health Holding PJSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=1711.64/( (23791.598+39930.822)/ 2 )
=1711.64/31861.21
=5.37 %

Pure Health Holding PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2015.392/( (39930.822+39043.082)/ 2 )
=2015.392/39486.952
=5.10 %

* 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 four times the quarterly (Mar. 2025) net income data.


Pure Health Holding PJSC  (ADX:PUREHEALTH) 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.


Pure Health Holding PJSC Return-on-Tangible-Asset Related Terms

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Pure Health Holding PJSC Business Description

Traded in Other Exchanges
N/A
Address
Al Rahah Street, Aldar Headquarters Building, Abu Dhabi, ARE
Pure Health Holding PJSC is an integrated healthcare company in the United Arab Emirates with a cross-category ecosystem covering hospitals, clinics, diagnostics, insurance, pharmacies, research, health tech, and procurement along with an international footprint in the United States and the United Kingdom. The company's reportable segments are Hospital and Related Services, Health Insurance Services, Procurement and Supply, Diagnostic Services and Technology Services and Others. Key revenue is derived from its Hospitalisation and other related services segment through which it provides general healthcare operations including hospitalization, clinical, isolation/quarantine, vaccinations, and other services.

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