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Naqi Water Co (SAU:2282) Return-on-Tangible-Asset : 4.80% (As of Mar. 2025)


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What is Naqi Water Co Return-on-Tangible-Asset?

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. Naqi Water Co's annualized Net Income for the quarter that ended in Mar. 2025 was ﷼14.6 Mil. Naqi Water Co's average total tangible assets for the quarter that ended in Mar. 2025 was ﷼303.3 Mil. Therefore, Naqi Water Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 4.80%.

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

SAU:2282' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.63   Med: 16.51   Max: 31.29
Current: 8.63

During the past 4 years, Naqi Water Co's highest Return-on-Tangible-Asset was 31.29%. The lowest was 8.63%. And the median was 16.51%.

SAU:2282's Return-on-Tangible-Asset is ranked better than
58.77% of 114 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 6.855 vs SAU:2282: 8.63

Naqi Water Co Return-on-Tangible-Asset Historical Data

The historical data trend for Naqi Water 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.

* Premium members only.

Naqi Water Co Return-on-Tangible-Asset Chart

Naqi Water Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
31.29 18.14 14.87 10.25

Naqi Water Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 10.77 14.80 13.34 1.76 4.80

Competitive Comparison of Naqi Water Co's Return-on-Tangible-Asset

For the Beverages - Non-Alcoholic subindustry, Naqi Water 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.


Naqi Water Co's Return-on-Tangible-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Naqi Water Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Naqi Water Co's Return-on-Tangible-Asset falls into.


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Naqi Water Co Return-on-Tangible-Asset Calculation

Naqi Water Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=30.185/( (287.599+301.381)/ 2 )
=30.185/294.49
=10.25 %

Naqi Water Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=14.56/( (301.381+305.188)/ 2 )
=14.56/303.2845
=4.80 %

* 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. 2025) net income data.


Naqi Water Co  (SAU:2282) 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.


Naqi Water Co Return-on-Tangible-Asset Related Terms

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Naqi Water Co Business Description

Traded in Other Exchanges
N/A
Address
Al Absah District, P.O. Box 5228, Qassim, Unaizah, SAU, 56226-6812
Naqi Water Co engages in the production and bottling of pure filtered water, the wholesale of all kinds of bottled water, the wholesale of soft drinks and juices, and the retail sale of beverages in Specialized stores, land transportation of goods. and rearing and producing broiler breeder hens, operating their hatcheries, and producing eggs. The segments of the company are Local Sales Water, Export Sales Water, Logistic Sales, and Egg Sales. The company generates maximum revenue from Central Saudi region.

Naqi Water Co Headlines

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