Aramex PJSC (DFM:ARMX) Return-on-Tangible-Asset: 1.76% (As of Mar. 2026) — 68% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DFM:ARMX Aramex PJSC DFM:ARMX
75 GF Score
Price د.إ1.70
GF Value د.إ2.76
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Aramex PJSC Return-on-Tangible-Asset?

Aramex PJSC DFM:ARMX +1.19% 75 Return-on-Tangible-Asset is 1.76% as of Mar. 2026, which is 68% below its 10-year median of 5.43. GuruFocus rates DFM:ARMX with a GF Score™ of 75/100 and a GF Value™ of د.إ2.76 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,009 Transportation companies, Aramex PJSC ranks worse than 77.11% 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. Aramex PJSC's annualized Net Income for the quarter that ended in Mar. 2026 was د.إ68 Mil. Aramex PJSC's average total tangible assets for the quarter that ended in Mar. 2026 was د.إ3,865 Mil. Therefore, Aramex PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.76%.

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

DFM:ARMX' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.54   Med: 5.43   Max: 16.99
Current: 0.54

During the past 13 years, Aramex PJSC's highest Return-on-Tangible-Asset was 16.99%. The lowest was 0.54%. And the median was 5.43%.

DFM:ARMX's Return-on-Tangible-Asset is ranked worse than
77.11% of 1009 companies
in the Transportation industry
Industry Median: 3.78 vs DFM:ARMX: 0.54

Aramex PJSC  (DFM:ARMX) 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.


Aramex PJSC Return-on-Tangible-Asset Related Terms


Aramex PJSC Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Aramex 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.

Aramex PJSC Return-on-Tangible-Asset Chart

Aramex PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.03 4.03 3.32 3.80 0.55

Aramex PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 1.83 -0.99 0.56 0.79 1.76

DFM:ARMX vs UPS, FDX, JBHT: Return-on-Tangible-Asset Comparison

For the Integrated Freight & Logistics subindustry, Aramex 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.


Aramex PJSC Return-on-Tangible-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Aramex PJSC's Return-on-Tangible-Asset distribution charts can be found below:

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


DFM:ARMX
75GF Score
Aramex PJSC DFM:ARMX
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aramex PJSC Return-on-Tangible-Asset Calculation

Aramex PJSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=20.582/( (3695.819+3847.909)/ 2 )
=20.582/3771.864
=0.55 %

Aramex PJSC's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=68.016/( (3847.909+3881.881)/ 2 )
=68.016/3864.895
=1.76 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of 1.76% mean?
Aramex PJSC (DFM:ARMX) has a Return-on-Tangible-Asset of 1.76% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aramex PJSC and its competitors. This is 68% below median its historical median of 5.43. Over the past decade, Aramex PJSC's Return-on-Tangible-Asset has ranged from 0.54 to 16.99. According to the industry distribution chart, Aramex PJSC ranks #778 out of 1009 companies in the Transportation industry, placing it in the top 77.1%.
Is Aramex PJSC's Return-on-Tangible-Asset too high?
Aramex PJSC's current Return-on-Tangible-Asset of 1.76% is 68% below median its 10-year median of 5.43. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 16.99. The Transportation industry median Return-on-Tangible-Asset is 3.78. Aramex PJSC's value of 1.76% is 53.4% below this industry median. Based on the distribution chart, Aramex PJSC ranks #778 out of 1009 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Aramex PJSC has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aramex PJSC's Return-on-Tangible-Asset compare to UPS and FDX?
According to the Transportation industry distribution chart, Aramex PJSC ranks #778 out of 1009 companies for Return-on-Tangible-Asset. This places Aramex PJSC in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.78. Aramex PJSC's value of 1.76% is 53.4% below this benchmark. Historically, Aramex PJSC's own Return-on-Tangible-Asset has ranged from 0.54 to 16.99 over the past decade. While the company's 10-year median is 5.43 vs. the industry median of 3.78, Aramex PJSC has consistently been below 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 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. Aramex PJSC's current Return-on-Tangible-Asset of 1.76% is 53.4% below 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 Aramex PJSC and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aramex PJSC's current Return-on-Tangible-Asset is 1.76%, which is 68% below median its own 10-year median of 5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aramex PJSC stock overvalued right now?
Based on GuruFocus' analysis, Aramex PJSC (DFM:ARMX) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ2.76, compared to a current price of د.إ1.70 — trading 38.4% below its estimated fair value. The current Return-on-Tangible-Asset is 1.76%, which is 68% below median its 10-year median of 5.43 and 53.4% below the Transportation industry median of 3.78. Aramex PJSC's overall GF Score™ is 75/100 with 5 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 Aramex PJSC (DFM:ARMX), the current Return-on-Tangible-Asset is 1.76% as of Mar. 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 Aramex PJSC (DFM:ARMX) Overvalued in 2026?

Based on GuruFocus' analysis, Aramex PJSC stock appears to be undervalued. The current stock price of د.إ1.70 is trading 38.4% below its estimated GF Value™ of د.إ2.76. GuruFocus considers Aramex PJSC to be Significantly Undervalued.

Key valuation signals for DFM:ARMX:

  • Return-on-Tangible-Asset: 1.76% (68% below median its 10-year median of 5.43)
  • GF Value™: د.إ2.76 vs. price of د.إ1.70 (38.4% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 53.4% below the Transportation median (#778 of 1009)

No single metric tells the full story. See the DFM:ARMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aramex PJSC Business Description

Address Plot WF 07, Jebel Ali, P.O. Box: 95946, Dubai Logistics City, Dubai, ARE, 2302A
Aramex PJSC is a logistics company domiciled in the United Arab Emirates. The company organizes itself into four segments: Courier, Freight Forwarding, Logistics, and Other operations. The Courier segment, which contributes the majority of revenue, delivers small packages across the globe. Freight forwarding is the forward freight through air, land, and ocean transport. The Logistics segment offers warehousing, supply-chain management, and inventory management. The Other operations segment includes catalog shipping services, document storage, airline ticketing and travel, and visa services. The company operates globally, especially in Gulf Cooperation Council (GCC), Middle East, North Africa and Turkey, East and South Africa, Europe, North America, South Asia, North Asia and Oceania.
75GF Score

Get the complete analysis for DFM:ARMX

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.70
Price
د.إ2.76
GF Value