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Al Manar Financing & Leasing CoKUW:ALMANAR 35 Return-on-Tangible-Asset is 4.63% as of Jun. 2026, which is 41% above its 10-year median of 3.29. GuruFocus rates KUW:ALMANAR with a GF Score™ of 35/100 and a GF Value™ of KWD0.10 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 547 Credit Services companies, Al Manar Financing & Leasing Co ranks better than 75.69% on this metric.
The historical rank and industry rank for Al Manar Financing & Leasing Co's Return-on-Tangible-Asset or its related term are showing as below:
KUW:ALMANAR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.17 Med: 3.29 Max: 4.58
Current: 4.48
During the past 8 years, Al Manar Financing & Leasing Co's highest Return-on-Tangible-Asset was 4.58%. The lowest was -9.17%. And the median was 3.29%.
KUW:ALMANAR's Return-on-Tangible-Asset is ranked better than 75.69% of 547
companies
in the Credit Services industry
Industry Median: 2.01
vs KUW:ALMANAR: 4.48
Al Manar Financing & Leasing Co (KUW:ALMANAR) 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.
Al Manar Financing & Leasing Co Return-on-Tangible-Asset Related Terms
Al Manar Financing & Leasing Co 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.
Al Manar Financing & Leasing Co Return-on-Tangible-Asset Chart
KUW:ALMANAR vs V, MA, AXP: Return-on-Tangible-Asset Comparison
For the Credit Services subindustry, Al Manar Financing & Leasing Co'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.
Al Manar Financing & Leasing Co Return-on-Tangible-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Al Manar Financing & Leasing Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Al Manar Financing & Leasing Co'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 4.63% mean?
Al Manar Financing & Leasing Co (KUW:ALMANAR) has a Return-on-Tangible-Asset of 4.63% 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 Al Manar Financing & Leasing Co and its competitors. This is 41% above median its historical median of 3.29. According to the industry distribution chart, Al Manar Financing & Leasing Co ranks #133 out of 547 companies in the Credit Services industry, placing it in the top 24.3%.
Is Al Manar Financing & Leasing Co's Return-on-Tangible-Asset too high?
Al Manar Financing & Leasing Co's current Return-on-Tangible-Asset of 4.63% is 41% above median its 10-year median of 3.29. The Credit Services industry median Return-on-Tangible-Asset is 2.01. Al Manar Financing & Leasing Co's value of 4.63% is 130.3% above this industry median. Based on the distribution chart, Al Manar Financing & Leasing Co ranks #133 out of 547 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Al Manar Financing & Leasing Co has a GF Score™ of 35/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Manar Financing & Leasing Co's Return-on-Tangible-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Al Manar Financing & Leasing Co ranks #133 out of 547 companies for Return-on-Tangible-Asset. This places Al Manar Financing & Leasing Co in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.01. Al Manar Financing & Leasing Co's value of 4.63% is 130.3% above this benchmark. While the company's 10-year median is 3.29 vs. the industry median of 2.01, Al Manar Financing & Leasing Co 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 2.01, based on 547 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. Al Manar Financing & Leasing Co's current Return-on-Tangible-Asset of 4.63% is 130.3% 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 Al Manar Financing & Leasing Co and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Manar Financing & Leasing Co's current Return-on-Tangible-Asset is 4.63%, which is 41% above median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Manar Financing & Leasing Co stock overvalued right now?
Based on GuruFocus' analysis, Al Manar Financing & Leasing Co (KUW:ALMANAR) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.10, compared to a current price of KWD0.12 — trading 16% above its estimated fair value. The current Return-on-Tangible-Asset is 4.63%, which is 41% above median its 10-year median of 3.29 and 130.3% above the Credit Services industry median of 2.01. Al Manar Financing & Leasing Co's overall GF Score™ is 35/100 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 Al Manar Financing & Leasing Co (KUW:ALMANAR), the current Return-on-Tangible-Asset is 4.63% 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 Al Manar Financing & Leasing Co (KUW:ALMANAR) Overvalued in 2026?
Based on GuruFocus' analysis, Al Manar Financing & Leasing Co stock appears to be overvalued.
The current stock price of KWD0.12 is trading 16% above its estimated GF Value™ of KWD0.10.
GuruFocus considers Al Manar Financing & Leasing Co to be Modestly Overvalued.
Key valuation signals for KUW:ALMANAR:
Return-on-Tangible-Asset: 4.63% (41% above median its 10-year median of 3.29)
GF Value™: KWD0.10 vs. price of KWD0.12 (16% above fair value)
Industry Position: 130.3% above the Credit Services median (#133 of 547)
No single metric tells the full story. See the KUW:ALMANAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Al Manar Financing & Leasing Co is Kuwait based company that operates as an Islamic financing institution. It provides all credit facilities, Leasing services, and investments in Real estate, Industrial, Agricultural, and Economic sectors. Its operating segments are Finance, Investments, and others. The majority of its revenue comes from the Finance segment.
35GF Score
Get the complete analysis for KUW:ALMANAR
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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