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Derayah REIT FundSAU:4339 +0.76%76 Return-on-Tangible-Asset is 0.24% as of Dec. 2025, which is 81% below its 10-year median of 1.29. GuruFocus rates SAU:4339 with a GF Score™ of 76/100 and a GF Value™ of ﷼5.86 (Fairly Valued). The stock has 8 warning signs investors should review. Among 927 REITs companies, Derayah REIT Fund ranks worse than 74.76% 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. Derayah REIT Fund's annualizedNet Income for the quarter that ended in Dec. 2025 was ﷼3.5 Mil. Derayah REIT Fund's average total tangible assets for the quarter that ended in Dec. 2025 was ﷼1,474.7 Mil. Therefore, Derayah REIT Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.24%.
The historical rank and industry rank for Derayah REIT Fund's Return-on-Tangible-Asset or its related term are showing as below:
SAU:4339'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.59 Med: 1.29 Max: 2.87
Current: 0.59
During the past 8 years, Derayah REIT Fund's highest Return-on-Tangible-Asset was 2.87%. The lowest was 0.59%. And the median was 1.29%.
SAU:4339's Return-on-Tangible-Asset is ranked worse than 74.76% of 927
companies
in the REITs industry
Industry Median: 3.29
vs SAU:4339: 0.59
Derayah REIT Fund (SAU:4339) 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.
Derayah REIT Fund Return-on-Tangible-Asset Related Terms
Derayah REIT Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Derayah REIT Fund'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:4339 vs VICI, WPC: Return-on-Tangible-Asset Comparison
For the REIT - Diversified subindustry, Derayah REIT Fund'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.
Derayah REIT Fund Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Derayah REIT Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Derayah REIT Fund'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 0.24% mean?
Derayah REIT Fund (SAU:4339) has a Return-on-Tangible-Asset of 0.24% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Derayah REIT Fund and its competitors. This is 81% below median its historical median of 1.29. Over the past decade, Derayah REIT Fund's Return-on-Tangible-Asset has ranged from 0.59 to 2.87. According to the industry distribution chart, Derayah REIT Fund ranks #693 out of 927 companies in the REITs industry, placing it in the top 74.8%.
Is Derayah REIT Fund's Return-on-Tangible-Asset too high?
Derayah REIT Fund's current Return-on-Tangible-Asset of 0.24% is 81% below median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.87. The REITs industry median Return-on-Tangible-Asset is 3.29. Derayah REIT Fund's value of 0.24% is 92.7% below this industry median. Based on the distribution chart, Derayah REIT Fund ranks #693 out of 927 companies in the REITs industry, which is below the industry midpoint. Overall, Derayah REIT Fund has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Derayah REIT Fund's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Derayah REIT Fund ranks #693 out of 927 companies for Return-on-Tangible-Asset. This places Derayah REIT Fund in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.29. Derayah REIT Fund's value of 0.24% is 92.7% below this benchmark. Historically, Derayah REIT Fund's own Return-on-Tangible-Asset has ranged from 0.59 to 2.87 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 3.29, Derayah REIT Fund 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 REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.29, based on 927 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. Derayah REIT Fund's current Return-on-Tangible-Asset of 0.24% is 92.7% 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 Derayah REIT Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Derayah REIT Fund's current Return-on-Tangible-Asset is 0.24%, which is 81% below median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Derayah REIT Fund stock overvalued right now?
Based on GuruFocus' analysis, Derayah REIT Fund (SAU:4339) is currently considered Fairly Valued. The stock's GF Value™ is ﷼5.86, compared to a current price of ﷼5.31 — trading 9.4% below its estimated fair value. The current Return-on-Tangible-Asset is 0.24%, which is 81% below median its 10-year median of 1.29 and 92.7% below the REITs industry median of 3.29. Derayah REIT Fund's overall GF Score™ is 76/100 with 8 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 Derayah REIT Fund (SAU:4339), the current Return-on-Tangible-Asset is 0.24% as of Dec. 2025. 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 Derayah REIT Fund (SAU:4339) Overvalued in 2026?
Based on GuruFocus' analysis, Derayah REIT Fund stock appears to be undervalued.
The current stock price of ﷼5.31 is trading 9.4% below its estimated GF Value™ of ﷼5.86.
GuruFocus considers Derayah REIT Fund to be Fairly Valued.
Key valuation signals for SAU:4339:
Return-on-Tangible-Asset: 0.24% (81% below median its 10-year median of 1.29)
GF Value™: ﷼5.86 vs. price of ﷼5.31 (9.4% below fair value)
Industry Position: 92.7% below the REITs median (#693 of 927)
No single metric tells the full story. See the SAU:4339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Derayah REIT Fund operates as a real estate investment company in Saudi Arabia. Its aim is to generate income on the invested capital by acquiring a number of diverse, completed, and income-generating real estate assets in Saudi Arabia with the exception of Mecca and Medina. The company services include Real Estate, Unified Trading, Margin Financing, Asset Management, Equity, and Alternative investment funds.
76GF Score
Get the complete analysis for SAU:4339
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