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Watani Iron Steel CoSAU:9513 66 Return-on-Tangible-Asset is 25.28% as of Jun. 2026, which is 342% above its 10-year median of 5.72. GuruFocus rates SAU:9513 with a GF Score™ of 66/100 and a GF Value™ of ﷼2.19 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 632 Steel companies, Watani Iron Steel Co ranks better than 52.22% 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. Watani Iron Steel Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ﷼93.8 Mil. Watani Iron Steel Co's average total tangible assets for the quarter that ended in Jun. 2026 was ﷼371.1 Mil. Therefore, Watani Iron Steel Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 25.28%.
The historical rank and industry rank for Watani Iron Steel Co's Return-on-Tangible-Asset or its related term are showing as below:
SAU:9513'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.29 Med: 5.72 Max: 14.26
Current: 2.73
During the past 6 years, Watani Iron Steel Co's highest Return-on-Tangible-Asset was 14.26%. The lowest was -4.29%. And the median was 5.72%.
SAU:9513's Return-on-Tangible-Asset is ranked better than 52.22% of 632
companies
in the Steel industry
Industry Median: 2.41
vs SAU:9513: 2.73
Watani Iron Steel Co (SAU:9513) 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.
Watani Iron Steel Co Return-on-Tangible-Asset Related Terms
Watani Iron Steel Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Watani Iron Steel 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.
Watani Iron Steel Co Return-on-Tangible-Asset Chart
SAU:9513 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Watani Iron Steel 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.
Watani Iron Steel Co Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Watani Iron Steel Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Watani Iron Steel 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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 25.28% mean?
Watani Iron Steel Co (SAU:9513) has a Return-on-Tangible-Asset of 25.28% 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 Watani Iron Steel Co and its competitors. This is 342% above median its historical median of 5.72. According to the industry distribution chart, Watani Iron Steel Co ranks #302 out of 632 companies in the Steel industry, placing it in the top 47.8%.
Is Watani Iron Steel Co's Return-on-Tangible-Asset too high?
Watani Iron Steel Co's current Return-on-Tangible-Asset of 25.28% is 342% above median its 10-year median of 5.72. The Steel industry median Return-on-Tangible-Asset is 2.41. Watani Iron Steel Co's value of 25.28% is 949% above this industry median. Based on the distribution chart, Watani Iron Steel Co ranks #302 out of 632 companies in the Steel industry, which is above the industry midpoint. Overall, Watani Iron Steel Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Watani Iron Steel Co's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Watani Iron Steel Co ranks #302 out of 632 companies for Return-on-Tangible-Asset. This puts Watani Iron Steel Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.41. Watani Iron Steel Co's value of 25.28% is 949% above this benchmark. While the company's 10-year median is 5.72 vs. the industry median of 2.41, Watani Iron Steel Co has consistently been above 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.41, based on 632 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. Watani Iron Steel Co's current Return-on-Tangible-Asset of 25.28% is 949% above 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 Watani Iron Steel Co and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watani Iron Steel Co's current Return-on-Tangible-Asset is 25.28%, which is 342% above median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watani Iron Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Watani Iron Steel Co (SAU:9513) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼2.19, compared to a current price of ﷼1.96 — trading 10.5% below its estimated fair value. The current Return-on-Tangible-Asset is 25.28%, which is 342% above median its 10-year median of 5.72 and 949% above the Steel industry median of 2.41. Watani Iron Steel Co's overall GF Score™ is 66/100 with 6 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 Watani Iron Steel Co (SAU:9513), the current Return-on-Tangible-Asset is 25.28% 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 Watani Iron Steel Co (SAU:9513) Overvalued in 2026?
Based on GuruFocus' analysis, Watani Iron Steel Co stock appears to be undervalued.
The current stock price of ﷼1.96 is trading 10.5% below its estimated GF Value™ of ﷼2.19.
GuruFocus considers Watani Iron Steel Co to be Modestly Undervalued.
Key valuation signals for SAU:9513:
Return-on-Tangible-Asset: 25.28% (342% above median its 10-year median of 5.72)
GF Value™: ﷼2.19 vs. price of ﷼1.96 (10.5% below fair value)
Industry Position: 949% above the Steel median (#302 of 632)
No single metric tells the full story. See the SAU:9513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Watani Iron Steel Co is engaged in the manufacture of primary iron products in the form of blocks of substrates and waste after being melted, as well as the manufacture of sheet plates, strip coils, bar bars, wire corners, and clips of all shapes.
66GF Score
Get the complete analysis for SAU:9513
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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