Oman & Emirates Investment Holding CoOG (MUS:OEIO) Return-on-Tangible-Asset: 7.99% (As of Mar. 2018)

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What is Oman & Emirates Investment Holding CoOG Return-on-Tangible-Asset?

Oman & Emirates Investment Holding CoOG MUS:OEIO -2.61% Return-on-Tangible-Asset is 7.99% as of Mar. 2018.

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. Oman & Emirates Investment Holding CoOG's annualized Net Income for the quarter that ended in Mar. 2018 was ر.ع4.82 Mil. Oman & Emirates Investment Holding CoOG's average total tangible assets for the quarter that ended in Mar. 2018 was ر.ع60.24 Mil. Therefore, Oman & Emirates Investment Holding CoOG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2018 was 7.99%.

The historical rank and industry rank for Oman & Emirates Investment Holding CoOG's Return-on-Tangible-Asset or its related term are showing as below:

MUS:OEIO's Return-on-Tangible-Asset is not ranked *
in the Conglomerates industry.
Industry Median: 2.735
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Oman & Emirates Investment Holding CoOG  (MUS:OEIO) 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.


Oman & Emirates Investment Holding CoOG Return-on-Tangible-Asset Related Terms


Oman & Emirates Investment Holding CoOG Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Oman & Emirates Investment Holding 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.

Oman & Emirates Investment Holding CoOG Return-on-Tangible-Asset Chart

Oman & Emirates Investment Holding CoOG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 0.93 -5.31 5.40 -3.12

Oman & Emirates Investment Holding CoOG Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 -1.79 -5.33 -1.64 -3.69 7.99

MUS:OEIO vs DTSS, TGLO, SHRG: Return-on-Tangible-Asset Comparison

For the Conglomerates subindustry, Oman & Emirates Investment Holding 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.


Oman & Emirates Investment Holding CoOG Return-on-Tangible-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Oman & Emirates Investment Holding CoOG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Oman & Emirates Investment Holding CoOG's Return-on-Tangible-Asset falls into.



Oman & Emirates Investment Holding CoOG Return-on-Tangible-Asset Calculation

Oman & Emirates Investment Holding CoOG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-1.746/( (53.241+58.627)/ 2 )
=-1.746/55.934
=-3.12 %

Oman & Emirates Investment Holding CoOG's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=4.816/( (58.627+61.861)/ 2 )
=4.816/60.244
=7.99 %

* 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. 2018) net income data.

What does a Return-on-Tangible-Asset of 7.99% mean?
Oman & Emirates Investment Holding CoOG (MUS:OEIO) has a Return-on-Tangible-Asset of 7.99% as of Mar. 2018. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Oman & Emirates Investment Holding CoOG and its competitors.
Is Oman & Emirates Investment Holding CoOG's Return-on-Tangible-Asset too high?
Oman & Emirates Investment Holding CoOG's current Return-on-Tangible-Asset is 7.99%. The Conglomerates industry median Return-on-Tangible-Asset is 2.74. Oman & Emirates Investment Holding CoOG's value of 7.99% is 192.1% above this industry median.
How does Oman & Emirates Investment Holding CoOG's Return-on-Tangible-Asset compare to DTSS and TGLO?
Oman & Emirates Investment Holding CoOG's Return-on-Tangible-Asset of 7.99% can be compared against companies in the Conglomerates industry. The industry median Return-on-Tangible-Asset is 2.74. Oman & Emirates Investment Holding CoOG's value of 7.99% is 192.1% 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 Conglomerates company?
The median Return-on-Tangible-Asset among Conglomerates companies is 2.74, based on 568 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. Oman & Emirates Investment Holding CoOG's current Return-on-Tangible-Asset of 7.99% is 192.1% 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 Oman & Emirates Investment Holding CoOG and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Asset is 2.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oman & Emirates Investment Holding CoOG's current Return-on-Tangible-Asset is 7.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman & Emirates Investment Holding CoOG stock overvalued right now?
Oman & Emirates Investment Holding CoOG (MUS:OEIO) has a current Return-on-Tangible-Asset of 7.99%. The current Return-on-Tangible-Asset is 7.99% and 192.1% above the Conglomerates industry median of 2.74. 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 Oman & Emirates Investment Holding CoOG (MUS:OEIO), the current Return-on-Tangible-Asset is 7.99% as of Mar. 2018. 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.

Oman & Emirates Investment Holding CoOG Business Description

Address Ruwi, P.O. Box 2205, Muscat, OMN, 112
Oman & Emirates Investment Holding Co SAOG is an Oman-based company engaged in the provision of investment and related services. It operates through the Oman and United Arab Emirates geographical segments. The company also invests in companies with various industrial activities, such as food processing, livestock, and fishing, fiber optic products.