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Flynas CoSAU:4264 -0.81%11 Return-on-Tangible-Asset is 3.11% as of Mar. 2026. GuruFocus rates SAU:4264 with a GF Score™ of 11/100. The stock has 3 warning signs investors should review. Among 1,011 Transportation companies, Flynas Co ranks worse than 88.03% 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. Flynas Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ﷼472 Mil. Flynas Co's average total tangible assets for the quarter that ended in Mar. 2026 was ﷼15,161 Mil. Therefore, Flynas Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 3.11%.
The historical rank and industry rank for Flynas Co's Return-on-Tangible-Asset or its related term are showing as below:
SAU:4264'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.94 Med: -0.09 Max: 3.76
Current: -3.65
During the past 2 years, Flynas Co's highest Return-on-Tangible-Asset was 3.76%. The lowest was -3.94%. And the median was -0.09%.
SAU:4264's Return-on-Tangible-Asset is ranked worse than 88.03% of 1011
companies
in the Transportation industry
Industry Median: 3.75
vs SAU:4264: -3.65
Flynas Co (SAU:4264) 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.
Flynas Co Return-on-Tangible-Asset Related Terms
Flynas Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Flynas 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.
SAU:4264 vs DAL, UAL, LUV: Return-on-Tangible-Asset Comparison
For the Airlines subindustry, Flynas 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.
Flynas Co Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Flynas Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Flynas 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 3.11% mean?
Flynas Co (SAU:4264) has a Return-on-Tangible-Asset of 3.11% 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 Flynas Co and its competitors. According to the industry distribution chart, Flynas Co ranks #890 out of 1011 companies in the Transportation industry, placing it in the top 88%.
Is Flynas Co's Return-on-Tangible-Asset too high?
Flynas Co's current Return-on-Tangible-Asset is 3.11%. The Transportation industry median Return-on-Tangible-Asset is 3.75. Flynas Co's value of 3.11% is 17.1% below this industry median. Based on the distribution chart, Flynas Co ranks #890 out of 1011 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Flynas Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Flynas Co's Return-on-Tangible-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, Flynas Co ranks #890 out of 1011 companies for Return-on-Tangible-Asset. This places Flynas Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.75. Flynas Co's value of 3.11% is 17.1% below 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.75, based on 1,011 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. Flynas Co's current Return-on-Tangible-Asset of 3.11% is 17.1% 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 Flynas Co and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flynas Co's current Return-on-Tangible-Asset is 3.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flynas Co stock overvalued right now?
Flynas Co (SAU:4264) has a current Return-on-Tangible-Asset of 3.11%. The current Return-on-Tangible-Asset is 3.11% and 17.1% below the Transportation industry median of 3.75. Flynas Co's overall GF Score™ is 11/100 with 3 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 Flynas Co (SAU:4264), the current Return-on-Tangible-Asset is 3.11% 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.
Flynas Co licensed activities include the purchase, sale, and rental of aircraft, air transportation of passengers and goods, and the operation, management, and maintenance of aircraft. The Company operates under an air operating certificate issued by the General Authority of Civil Aviation (GACA), KSA. Its segments include Flynas LCC, which generates maximum revenue and covers low-cost scheduled flights; Flynas Hajj, which serves seasonal Hajj pilgrims; and Flynas General Aviation, which provides aircraft management services, including crew, maintenance, ancillary services, and charter flights for private customers. Flynas LCC generates maximum revenue from international operations.
11GF Score
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