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Ajman Bank PJSCDFM:AJMANBANK 54 Return-on-Tangible-Asset is 1.40% as of Jun. 2026, which is 89% above its 10-year median of 0.74. GuruFocus rates DFM:AJMANBANK with a GF Score™ of 54/100 and a GF Value™ of د.إ1.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,526 Banks companies, Ajman Bank PJSC ranks better than 79.82% on this metric.
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. Ajman Bank PJSC's annualizedNet Income for the quarter that ended in Jun. 2026 was د.إ467.4 Mil. Ajman Bank PJSC's average total tangible assets for the quarter that ended in Jun. 2026 was د.إ33,347.0 Mil. Therefore, Ajman Bank PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.40%.
The historical rank and industry rank for Ajman Bank PJSC's Return-on-Tangible-Asset or its related term are showing as below:
DFM:AJMANBANK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.7 Med: 0.74 Max: 1.79
Current: 1.63
During the past 13 years, Ajman Bank PJSC's highest Return-on-Tangible-Asset was 1.79%. The lowest was -1.70%. And the median was 0.74%.
DFM:AJMANBANK's Return-on-Tangible-Asset is ranked better than 79.82% of 1526
companies
in the Banks industry
Industry Median: 1.03
vs DFM:AJMANBANK: 1.63
Ajman Bank PJSC (DFM:AJMANBANK) 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.
Ajman Bank PJSC Return-on-Tangible-Asset Related Terms
Ajman Bank PJSC Return-on-Tangible-Asset Historical Data
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The historical data trend for Ajman Bank 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.
Ajman Bank PJSC Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, Ajman Bank 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.
Ajman Bank PJSC Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Ajman Bank PJSC's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ajman Bank PJSC's Return-on-Tangible-Asset 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-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 1.40% mean?
Ajman Bank PJSC (DFM:AJMANBANK) has a Return-on-Tangible-Asset of 1.40% 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 Ajman Bank PJSC and its competitors. This is 89% above median its historical median of 0.74. According to the industry distribution chart, Ajman Bank PJSC ranks #308 out of 1526 companies in the Banks industry, placing it in the top 20.2%.
Is Ajman Bank PJSC's Return-on-Tangible-Asset too high?
Ajman Bank PJSC's current Return-on-Tangible-Asset of 1.40% is 89% above median its 10-year median of 0.74. The Banks industry median Return-on-Tangible-Asset is 1.03. Ajman Bank PJSC's value of 1.40% is 35.9% above this industry median. Based on the distribution chart, Ajman Bank PJSC ranks #308 out of 1526 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Ajman Bank PJSC has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ajman Bank PJSC's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Ajman Bank PJSC ranks #308 out of 1526 companies for Return-on-Tangible-Asset. This places Ajman Bank PJSC in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.03. Ajman Bank PJSC's value of 1.40% is 35.9% above this benchmark. While the company's 10-year median is 0.74 vs. the industry median of 1.03, Ajman Bank PJSC 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 a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.03, based on 1,526 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. Ajman Bank PJSC's current Return-on-Tangible-Asset of 1.40% is 35.9% 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 Ajman Bank PJSC and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajman Bank PJSC's current Return-on-Tangible-Asset is 1.40%, which is 89% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajman Bank PJSC stock overvalued right now?
Based on GuruFocus' analysis, Ajman Bank PJSC (DFM:AJMANBANK) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.93, compared to a current price of د.إ1.42 — trading 26.4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.40%, which is 89% above median its 10-year median of 0.74 and 35.9% above the Banks industry median of 1.03. Ajman Bank PJSC's overall GF Score™ is 54/100 with 2 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 Ajman Bank PJSC (DFM:AJMANBANK), the current Return-on-Tangible-Asset is 1.40% 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 Ajman Bank PJSC (DFM:AJMANBANK) Overvalued in 2026?
Based on GuruFocus' analysis, Ajman Bank PJSC stock appears to be undervalued.
The current stock price of د.إ1.42 is trading 26.4% below its estimated GF Value™ of د.إ1.93.
GuruFocus considers Ajman Bank PJSC to be Modestly Undervalued.
Key valuation signals for DFM:AJMANBANK:
Return-on-Tangible-Asset: 1.40% (89% above median its 10-year median of 0.74)
GF Value™: د.إ1.93 vs. price of د.إ1.42 (26.4% below fair value)
Industry Position: 35.9% above the Banks median (#308 of 1526)
No single metric tells the full story. See the DFM:AJMANBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajman Bank PJSC provides banking products and services in the United Arab Emirates, Gulf countries, and internationally. The principal activities of the bank are to undertake banking, financing and investing activities through various Islamic financing and investment products such as Murabaha, Ijarah, Mudaraba, Musharaka, Wakala and Sukuk. Its business segments are: Consumer banking, Wholesale banking an Treasury. The majority of the company's revenue is derived from the Consumer banking segment, which comprises personal banking and priority banking where various products are offered like private customer current accounts, savings accounts, deposits, credit and debit cards, personal finance and house mortgage.
54GF Score
Get the complete analysis for DFM:AJMANBANK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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