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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. Alinma Retail REIT Fund's annualizedNet Income for the quarter that ended in Jun. 2026 was ﷼-54.0 Mil. Alinma Retail REIT Fund's average total tangible assets for the quarter that ended in Jun. 2026 was ﷼1,430.9 Mil. Therefore, Alinma Retail REIT Fund's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -3.77%.
The historical rank and industry rank for Alinma Retail REIT Fund's Return-on-Tangible-Asset or its related term are showing as below:
SAU:4345'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.93 Med: -1.32 Max: 5.08
Current: -3.49
During the past 8 years, Alinma Retail REIT Fund's highest Return-on-Tangible-Asset was 5.08%. The lowest was -13.93%. And the median was -1.32%.
SAU:4345's Return-on-Tangible-Asset is ranked worse than 90.8% of 924
companies
in the REITs industry
Industry Median: 3.31
vs SAU:4345: -3.49
Alinma Retail REIT Fund (SAU:4345) 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.
Alinma Retail REIT Fund Return-on-Tangible-Asset Related Terms
Alinma Retail REIT Fund Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Alinma Retail 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.
Alinma Retail REIT Fund Return-on-Tangible-Asset Chart
SAU:4345 vs SPG, O, KIM: Return-on-Tangible-Asset Comparison
For the REIT - Retail subindustry, Alinma Retail 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.
Alinma Retail REIT Fund Return-on-Tangible-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Alinma Retail REIT Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Alinma Retail 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -3.77% mean?
Alinma Retail REIT Fund (SAU:4345) has a Return-on-Tangible-Asset of -3.77% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Alinma Retail REIT Fund and its competitors. According to the industry distribution chart, Alinma Retail REIT Fund ranks #839 out of 924 companies in the REITs industry, placing it in the top 90.8%.
Is Alinma Retail REIT Fund's Return-on-Tangible-Asset too high?
Alinma Retail REIT Fund's current Return-on-Tangible-Asset is -3.77%. Based on the distribution chart, Alinma Retail REIT Fund ranks #839 out of 924 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Alinma Retail REIT Fund has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alinma Retail REIT Fund's Return-on-Tangible-Asset compare to SPG and O?
According to the REITs industry distribution chart, Alinma Retail REIT Fund ranks #839 out of 924 companies for Return-on-Tangible-Asset. This places Alinma Retail REIT Fund in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.31. 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 3.31, based on 924 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. 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 Alinma Retail REIT Fund and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alinma Retail REIT Fund's current Return-on-Tangible-Asset is -3.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alinma Retail REIT Fund stock overvalued right now?
Based on GuruFocus' analysis, Alinma Retail REIT Fund (SAU:4345) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼9.22, compared to a current price of ﷼4.62 — trading 49.9% below its estimated fair value. The current Return-on-Tangible-Asset is -3.77%. Alinma Retail REIT Fund's overall GF Score™ is 67/100 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 Alinma Retail REIT Fund (SAU:4345), the current Return-on-Tangible-Asset is -3.77% as of Jun. 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 Alinma Retail REIT Fund (SAU:4345) Overvalued in 2026?
Based on GuruFocus' analysis, Alinma Retail REIT Fund stock appears to be undervalued.
The current stock price of ﷼4.62 is trading 49.9% below its estimated GF Value™ of ﷼9.22.
GuruFocus considers Alinma Retail REIT Fund to be Possible Value Trap.
Key valuation signals for SAU:4345:
Return-on-Tangible-Asset: -3.77%
GF Value™: ﷼9.22 vs. price of ﷼4.62 (49.9% below fair value)
No single metric tells the full story. See the SAU:4345 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The Fund owns a portfolio of investment properties comprising of hotels located in the Kingdom of Saudi Arabia. The fund invests in developed real estate assets that are ready for use. It may also opportunistically invest in real estate development projects in a value not exceeding 25% of the Fund's total asset value. The Fund's rental income from investment properties is concentrated within one operating segment and geographical region of the Kingdom of Saudi Arabia.
67GF Score
Get the complete analysis for SAU:4345
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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