The Financial CoOG (MUS:FINC) Return-on-Tangible-Asset: 4.17% (As of Mar. 2023)

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What is The Financial CoOG Return-on-Tangible-Asset?

The Financial CoOG MUS:FINC +1.01% Return-on-Tangible-Asset is 4.17% as of Mar. 2023.

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. The Financial CoOG's annualized Net Income for the quarter that ended in Mar. 2023 was ر.ع0.34 Mil. The Financial CoOG's average total tangible assets for the quarter that ended in Mar. 2023 was ر.ع8.15 Mil. Therefore, The Financial CoOG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2023 was 4.17%.

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

MUS:FINC's Return-on-Tangible-Asset is not ranked *
in the Capital Markets industry.
Industry Median: 1.54
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

The Financial CoOG  (MUS:FINC) 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.


The Financial CoOG Return-on-Tangible-Asset Related Terms


The Financial CoOG Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for The Financial CoOG'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.

The Financial CoOG Return-on-Tangible-Asset Chart

The Financial CoOG Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec21 Dec22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.53 -2.17 -3.57 7.90 -6.63

The Financial CoOG Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 27.33 -40.74 -2.52 -11.93 4.17

MUS:FINC vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison

For the Capital Markets subindustry, The Financial CoOG'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.


The Financial CoOG Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Financial CoOG's Return-on-Tangible-Asset distribution charts can be found below:

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



The Financial CoOG Return-on-Tangible-Asset Calculation

The Financial CoOG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-0.541/( (8.357+7.967)/ 2 )
=-0.541/8.162
=-6.63 %

The Financial CoOG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=0.34/( (7.967+8.324)/ 2 )
=0.34/8.1455
=4.17 %

* 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. 2023) net income data.

What does a Return-on-Tangible-Asset of 4.17% mean?
The Financial CoOG (MUS:FINC) has a Return-on-Tangible-Asset of 4.17% as of Mar. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on The Financial CoOG and its competitors.
Is The Financial CoOG's Return-on-Tangible-Asset too high?
The Financial CoOG's current Return-on-Tangible-Asset is 4.17%. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. The Financial CoOG's value of 4.17% is 170.8% above this industry median.
How does The Financial CoOG's Return-on-Tangible-Asset compare to MS and GS?
The Financial CoOG's Return-on-Tangible-Asset of 4.17% can be compared against companies in the Capital Markets industry. The industry median Return-on-Tangible-Asset is 1.54. The Financial CoOG's value of 4.17% is 170.8% above this benchmark. 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 817 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. The Financial CoOG's current Return-on-Tangible-Asset of 4.17% is 170.8% 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 The Financial CoOG and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Financial CoOG's current Return-on-Tangible-Asset is 4.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Financial CoOG stock overvalued right now?
The Financial CoOG (MUS:FINC) has a current Return-on-Tangible-Asset of 4.17%. The current Return-on-Tangible-Asset is 4.17% and 170.8% above the Capital Markets industry median of 1.54. 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 The Financial CoOG (MUS:FINC), the current Return-on-Tangible-Asset is 4.17% as of Mar. 2023. 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.

The Financial CoOG Business Description

Address AlAthaiba - Way 48 AlAthaiba street, P.O.Box 782, Ruwi, OMN, 131
The Financial Corp Co SAOG is an Oman-based company engaged in the provision of investment banking and financial services. The company's operating segment includes Corporate Finance, Asset Management, Brokerage, and Corporate Research. Its Corporate Finance and advisory division offers the initial public offering, rights issues, private placement, private equity, mergers and acquisitions, divestments and others services. The Asset Management division manages two open-ended listed funds namely Al Amal Fund JIA and Majan Capital Fund JIA as well as discretionary portfolio management services. Brokerage division provides brokerage services. The Corporate Research division carries out research on the economy, financial markets, economic sectors, and corporations.