Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Northern Region Cement CoSAU:3004 +6.49%69 Return-on-Tangible-Asset is 1.48% as of Mar. 2026, which is 57% below its 10-year median of 3.43. GuruFocus rates SAU:3004 with a GF Score™ of 69/100 and a GF Value™ of ﷼10.32 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 413 Building Materials companies, Northern Region Cement Co ranks worse than 54.24% 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. Northern Region Cement Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ﷼46.7 Mil. Northern Region Cement Co's average total tangible assets for the quarter that ended in Mar. 2026 was ﷼3,159.6 Mil. Therefore, Northern Region Cement Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 1.48%.
The historical rank and industry rank for Northern Region Cement Co's Return-on-Tangible-Asset or its related term are showing as below:
SAU:3004'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.47 Med: 3.43 Max: 4.74
Current: 1.93
During the past 13 years, Northern Region Cement Co's highest Return-on-Tangible-Asset was 4.74%. The lowest was 0.47%. And the median was 3.43%.
SAU:3004's Return-on-Tangible-Asset is ranked worse than 54.24% of 413
companies
in the Building Materials industry
Industry Median: 2.43
vs SAU:3004: 1.93
Northern Region Cement Co (SAU:3004) 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.
Northern Region Cement Co Return-on-Tangible-Asset Related Terms
Northern Region Cement Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Northern Region Cement 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.
Northern Region Cement Co Return-on-Tangible-Asset Chart
SAU:3004 vs CRH, VMC, MLM: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, Northern Region Cement 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.
Northern Region Cement Co Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Northern Region Cement Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Northern Region Cement 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.48% mean?
Northern Region Cement Co (SAU:3004) has a Return-on-Tangible-Asset of 1.48% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Northern Region Cement Co and its competitors. This is 57% below median its historical median of 3.43. Over the past decade, Northern Region Cement Co's Return-on-Tangible-Asset has ranged from 0.47 to 4.74. According to the industry distribution chart, Northern Region Cement Co ranks #224 out of 413 companies in the Building Materials industry, placing it in the top 54.2%.
Is Northern Region Cement Co's Return-on-Tangible-Asset too high?
Northern Region Cement Co's current Return-on-Tangible-Asset of 1.48% is 57% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 4.74. The Building Materials industry median Return-on-Tangible-Asset is 2.43. Northern Region Cement Co's value of 1.48% is 39.1% below this industry median. Based on the distribution chart, Northern Region Cement Co ranks #224 out of 413 companies in the Building Materials industry, which is below the industry midpoint. Overall, Northern Region Cement Co has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Region Cement Co's Return-on-Tangible-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, Northern Region Cement Co ranks #224 out of 413 companies for Return-on-Tangible-Asset. This places Northern Region Cement Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.43. Northern Region Cement Co's value of 1.48% is 39.1% below this benchmark. Historically, Northern Region Cement Co's own Return-on-Tangible-Asset has ranged from 0.47 to 4.74 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 2.43, Northern Region Cement Co has consistently been below 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 a Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.43, based on 413 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. Northern Region Cement Co's current Return-on-Tangible-Asset of 1.48% is 39.1% below 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 Northern Region Cement Co and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Region Cement Co's current Return-on-Tangible-Asset is 1.48%, which is 57% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Region Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Northern Region Cement Co (SAU:3004) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼10.32, compared to a current price of ﷼7.06 — trading 31.6% below its estimated fair value. The current Return-on-Tangible-Asset is 1.48%, which is 57% below median its 10-year median of 3.43 and 39.1% below the Building Materials industry median of 2.43. Northern Region Cement Co's overall GF Score™ is 69/100 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 Northern Region Cement Co (SAU:3004), the current Return-on-Tangible-Asset is 1.48% as of Mar. 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 Northern Region Cement Co (SAU:3004) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Region Cement Co stock appears to be undervalued.
The current stock price of ﷼7.06 is trading 31.6% below its estimated GF Value™ of ﷼10.32.
GuruFocus considers Northern Region Cement Co to be Possible Value Trap.
Key valuation signals for SAU:3004:
Return-on-Tangible-Asset: 1.48% (57% below median its 10-year median of 3.43)
GF Value™: ﷼10.32 vs. price of ﷼7.06 (31.6% below fair value)
Industry Position: 39.1% below the Building Materials median (#224 of 413)
No single metric tells the full story. See the SAU:3004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Region Cement Co. manufactures Ordinary Portland cement, manufacturing of white cement, manufacturing of Clinker, rock cutting using explosive materials, and retail sale of building materials, including cement, concrete blocks, gypsum, cement tiles, and other related materials. The company and its subsidiaries are managed as a single operational segment in the manufacture and production of cement of all kinds, and the company and its subsidiaries operate in Saudi Arabia, the Hashemite Kingdom of Jordan, and the Iraqi Republic.
69GF Score
Get the complete analysis for SAU:3004
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SAU:3004 has been successfully added to your 
