The historical rank and industry rank for Zamil Industrial Investment Co's Return-on-Tangible-Asset or its related term are showing as below:
SAU:2240'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.93 Med: -2.45 Max: 4.28
Current: -0.78
During the past 13 years, Zamil Industrial Investment Co's highest Return-on-Tangible-Asset was 4.28%. The lowest was -4.93%. And the median was -2.45%.
SAU:2240's Return-on-Tangible-Asset is ranked worse than 76.51% of 1720
companies
in the Construction industry
Industry Median: 2.765
vs SAU:2240: -0.78
Zamil Industrial Investment 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.
* Premium members only.
Zamil Industrial Investment Co Return-on-Tangible-Asset Chart
Competitive Comparison of Zamil Industrial Investment Co's Return-on-Tangible-Asset
For the Building Products & Equipment subindustry, Zamil Industrial Investment 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.
Zamil Industrial Investment Co's Return-on-Tangible-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Zamil Industrial Investment Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Zamil Industrial Investment Co's Return-on-Tangible-Asset falls into.
Zamil Industrial Investment Co Return-on-Tangible-Asset Calculation
Zamil Industrial Investment Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 (Sep. 2024) net income data.
Zamil Industrial Investment Co (SAU:2240) 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.
Zamil Industrial Investment Co Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Zamil Industrial Investment Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zamil Industrial Investment Co Business Description
Zamil Industrial Investment Co is engaged in the development of design and engineering solutions for use in the construction industry. It designs and manufactures pre-engineered steel buildings, steel structures, air conditioning and climate control systems, telecom and transmission towers, process equipment, precast concrete building products, rock wool, fiberglass and engineered plastic foam insulations, and solar power projects. Its operating segments are the Air conditioners industry; the Steel industry; the Insulation industry; and Corporate and others. The key revenue is derived from the Air conditioners industry and the Steel industry. The company has a business presence in Saudi Arabia, Africa, and Other Asian countries, of which key revenue is derived from Saudi Arabia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SAU:2240 has been successfully added to your 