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Ras Al Khaimah National Insurance Company PSC (ADX:RAKNIC) 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 companys 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 companys 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.
Ras Al Khaimah National Insurance Company PSC Return-on-Tangible-Asset Related Terms
Ras Al Khaimah National Insurance Company PSC Return-on-Tangible-Asset 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.
Ras Al Khaimah National Insurance Company PSC Return-on-Tangible-Asset Chart
Ras Al Khaimah National Insurance Company PSC Annual Data
ADX:RAKNIC vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, Ras Al Khaimah National Insurance Company PSC'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.
Ras Al Khaimah National Insurance Company PSC Return-on-Tangible-Asset vs Insurance Industry
* 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 5.42% mean?
Ras Al Khaimah National Insurance Company PSC (ADX:RAKNIC) has a Return-on-Tangible-Asset of 5.42% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ras Al Khaimah National Insurance Company PSC and its competitors. This is 134% above median its historical median of 2.32.
Is Ras Al Khaimah National Insurance Company PSC's Return-on-Tangible-Asset too high?
Ras Al Khaimah National Insurance Company PSC's current Return-on-Tangible-Asset of 5.42% is 134% above median its 10-year median of 2.32. The Insurance industry median Return-on-Tangible-Asset is 2.79. Ras Al Khaimah National Insurance Company PSC's value of 5.42% is 94.6% above this industry median. Overall, Ras Al Khaimah National Insurance Company PSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Ras Al Khaimah National Insurance Company PSC's Return-on-Tangible-Asset compare to BRK.A and AIG?
Ras Al Khaimah National Insurance Company PSC's Return-on-Tangible-Asset of 5.42% can be compared against companies in the Insurance industry. The industry median Return-on-Tangible-Asset is 2.79. Ras Al Khaimah National Insurance Company PSC's value of 5.42% is 94.6% above this benchmark. While the company's 10-year median is 2.32 vs. the industry median of 2.79, Ras Al Khaimah National Insurance Company PSC 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-Asset for an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.79, based on 502 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. Ras Al Khaimah National Insurance Company PSC's current Return-on-Tangible-Asset of 5.42% is 94.6% 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 Ras Al Khaimah National Insurance Company PSC and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ras Al Khaimah National Insurance Company PSC's current Return-on-Tangible-Asset is 5.42%, which is 134% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ras Al Khaimah National Insurance Company PSC stock overvalued right now?
Ras Al Khaimah National Insurance Company PSC (ADX:RAKNIC) has a current Return-on-Tangible-Asset of 5.42%. The stock's GF Value™ is د.إ3.32, compared to a current price of د.إ3.02 — trading 9% below its estimated fair value. The current Return-on-Tangible-Asset is 5.42%, which is 134% above median its 10-year median of 2.32 and 94.6% above the Insurance industry median of 2.79. Ras Al Khaimah National Insurance Company PSC's overall GF Score™ is 55/100 with 3 warning signs to review. 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 Ras Al Khaimah National Insurance Company PSC (ADX:RAKNIC), the current Return-on-Tangible-Asset is 5.42% as of Jun. 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 Ras Al Khaimah National Insurance Company PSC (ADX:RAKNIC) Overvalued in 2026?
Based on GuruFocus' analysis, Ras Al Khaimah National Insurance Company PSC stock appears to be undervalued.
The current stock price of د.إ3.02 is trading 9% below its estimated GF Value™ of د.إ3.32.
Key valuation signals for ADX:RAKNIC:
Return-on-Tangible-Asset: 5.42% (134% above median its 10-year median of 2.32)
GF Value™: د.إ3.32 vs. price of د.إ3.02 (9% below fair value)
Industry Position: 94.6% above the Insurance median
No single metric tells the full story. See the ADX:RAKNIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ras Al Khaimah National Insurance Company PSC operates as an insurance company in the UAE. Its principal activity is to undertake all classes of the insurance business, including life assurance, saving, and accumulation of funds. It operates in two segments: Life & Medical and General & Motor. The majority of its revenue comes from the General & Motor segment.
55GF Score
Get the complete analysis for ADX:RAKNIC
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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