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Saudi Arabian Oil CoSAU:2222 -0.45%84 Return-on-Tangible-Asset is 19.23% as of Jun. 2026, which is 4% below its 10-year median of 20.09. GuruFocus rates SAU:2222 with a GF Score™ of 84/100 and a GF Value™ of ﷼28.03 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,038 Oil & Gas companies, Saudi Arabian Oil Co ranks better than 93.45% 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. Saudi Arabian Oil Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ﷼486,024 Mil. Saudi Arabian Oil Co's average total tangible assets for the quarter that ended in Jun. 2026 was ﷼2,527,762 Mil. Therefore, Saudi Arabian Oil Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 19.23%.
The historical rank and industry rank for Saudi Arabian Oil Co's Return-on-Tangible-Asset or its related term are showing as below:
SAU:2222'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.16 Med: 20.09 Max: 34.21
Current: 16.78
During the past 10 years, Saudi Arabian Oil Co's highest Return-on-Tangible-Asset was 34.21%. The lowest was 5.16%. And the median was 20.09%.
SAU:2222's Return-on-Tangible-Asset is ranked better than 93.45% of 1038
companies
in the Oil & Gas industry
Industry Median: 2.38
vs SAU:2222: 16.78
Saudi Arabian Oil Co (SAU:2222) 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.
Saudi Arabian Oil Co Return-on-Tangible-Asset Related Terms
Saudi Arabian Oil Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Saudi Arabian Oil Co'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.
Saudi Arabian Oil Co Return-on-Tangible-Asset Chart
SAU:2222 vs XOM, CVX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Integrated subindustry, Saudi Arabian Oil 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.
Saudi Arabian Oil Co Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saudi Arabian Oil Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Saudi Arabian Oil 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 19.23% mean?
Saudi Arabian Oil Co (SAU:2222) has a Return-on-Tangible-Asset of 19.23% 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 Saudi Arabian Oil Co and its competitors. This is near median its historical median of 20.09. Over the past decade, Saudi Arabian Oil Co's Return-on-Tangible-Asset has ranged from 5.16 to 34.21. According to the industry distribution chart, Saudi Arabian Oil Co ranks #68 out of 1038 companies in the Oil & Gas industry, placing it in the top 6.6%.
Is Saudi Arabian Oil Co's Return-on-Tangible-Asset too high?
Saudi Arabian Oil Co's current Return-on-Tangible-Asset of 19.23% is near median its 10-year median of 20.09. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 34.21. The Oil & Gas industry median Return-on-Tangible-Asset is 2.38. Saudi Arabian Oil Co's value of 19.23% is 708% above this industry median. Based on the distribution chart, Saudi Arabian Oil Co ranks #68 out of 1038 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Saudi Arabian Oil Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Arabian Oil Co's Return-on-Tangible-Asset compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Saudi Arabian Oil Co ranks #68 out of 1038 companies for Return-on-Tangible-Asset. This places Saudi Arabian Oil Co in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.38. Saudi Arabian Oil Co's value of 19.23% is 708% above this benchmark. Historically, Saudi Arabian Oil Co's own Return-on-Tangible-Asset has ranged from 5.16 to 34.21 over the past decade. While the company's 10-year median is 20.09 vs. the industry median of 2.38, Saudi Arabian Oil 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.38, based on 1,038 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. Saudi Arabian Oil Co's current Return-on-Tangible-Asset of 19.23% is 708% 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 Saudi Arabian Oil Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Arabian Oil Co's current Return-on-Tangible-Asset is 19.23%, which is near median its own 10-year median of 20.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Arabian Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Arabian Oil Co (SAU:2222) is currently considered Fairly Valued. The stock's GF Value™ is ﷼28.03, compared to a current price of ﷼26.48 — trading 5.5% below its estimated fair value. The current Return-on-Tangible-Asset is 19.23%, which is near median its 10-year median of 20.09 and 708% above the Oil & Gas industry median of 2.38. Saudi Arabian Oil Co's overall GF Score™ is 84/100 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 Saudi Arabian Oil Co (SAU:2222), the current Return-on-Tangible-Asset is 19.23% 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 Saudi Arabian Oil Co (SAU:2222) Overvalued in 2026?
Based on GuruFocus' analysis, Saudi Arabian Oil Co stock appears to be undervalued.
The current stock price of ﷼26.48 is trading 5.5% below its estimated GF Value™ of ﷼28.03.
GuruFocus considers Saudi Arabian Oil Co to be Fairly Valued.
Key valuation signals for SAU:2222:
Return-on-Tangible-Asset: 19.23% (near median its 10-year median of 20.09)
GF Value™: ﷼28.03 vs. price of ﷼26.48 (5.5% below fair value)
Industry Position: 708% above the Oil & Gas median (#68 of 1038)
No single metric tells the full story. See the SAU:2222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saudi Aramco is the national oil company of Saudi Arabia and holds the exclusive right to explore for, produce, and refine the country's hydrocarbons. It is the largest oil and gas producer in the world with a production volume of 12.9 mmboe/d in 2025, including 10.7 mmboe/d of liquids. Its 4.2 mmb/d in net refining capacity makes it the world's fourth-largest refiner. It also owns 59.3 million metric tons of chemical manufacturing capacity, placing it among the top five global chemical companies.
84GF Score
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