Mulkia Investment Co (SAU:9585) Return-on-Tangible-Asset: 12.51% (As of Jun. 2026) — 40% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SAU:9585 Mulkia Investment Co SAU:9585
33 GF Score
Price ﷼33.00
GF Value ﷼21.91
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Mulkia Investment Co Return-on-Tangible-Asset?

Mulkia Investment Co SAU:9585 +10.00% 33 Return-on-Tangible-Asset is 12.51% as of Jun. 2026, which is 40% below its 10-year median of 20.97. GuruFocus rates SAU:9585 with a GF Score™ of 33/100 and a GF Value™ of ﷼21.91 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,618 Asset Management companies, Mulkia Investment Co ranks better than 74.1% 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. Mulkia Investment Co's annualized Net Income for the quarter that ended in Jun. 2026 was ﷼15.32 Mil. Mulkia Investment Co's average total tangible assets for the quarter that ended in Jun. 2026 was ﷼122.52 Mil. Therefore, Mulkia Investment Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 12.51%.

The historical rank and industry rank for Mulkia Investment Co's Return-on-Tangible-Asset or its related term are showing as below:

SAU:9585' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 12.35   Med: 20.97   Max: 22.06
Current: 12.35

During the past 4 years, Mulkia Investment Co's highest Return-on-Tangible-Asset was 22.06%. The lowest was 12.35%. And the median was 20.97%.

SAU:9585's Return-on-Tangible-Asset is ranked better than
74.1% of 1618 companies
in the Asset Management industry
Industry Median: 4.525 vs SAU:9585: 12.35

Mulkia Investment Co  (SAU:9585) 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 company’s 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 company’s 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.


Mulkia Investment Co Return-on-Tangible-Asset Related Terms


Mulkia Investment Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Mulkia Investment 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.

Mulkia Investment Co Return-on-Tangible-Asset Chart

Mulkia Investment Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
19.87 22.06 22.06 14.26

Mulkia Investment Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial 16.23 28.80 17.63 12.04 12.51

SAU:9585 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, Mulkia Investment 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.


Mulkia Investment Co Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Mulkia Investment Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mulkia Investment Co's Return-on-Tangible-Asset falls into.


SAU:9585
33GF Score
Mulkia Investment Co SAU:9585
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mulkia Investment Co Return-on-Tangible-Asset Calculation

Mulkia Investment Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=16.677/( (113.48+120.408)/ 2 )
=16.677/116.944
=14.26 %

Mulkia Investment Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=15.324/( (120.408+124.633)/ 2 )
=15.324/122.5205
=12.51 %

* 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 12.51% mean?
Mulkia Investment Co (SAU:9585) has a Return-on-Tangible-Asset of 12.51% 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 Mulkia Investment Co and its competitors. This is 40% below median its historical median of 20.97. Over the past decade, Mulkia Investment Co's Return-on-Tangible-Asset has ranged from 12.35 to 22.06. According to the industry distribution chart, Mulkia Investment Co ranks #419 out of 1618 companies in the Asset Management industry, placing it in the top 25.9%.
Is Mulkia Investment Co's Return-on-Tangible-Asset too high?
Mulkia Investment Co's current Return-on-Tangible-Asset of 12.51% is 40% below median its 10-year median of 20.97. Over the past 10 years, this metric has ranged from a low of 12.35 to a high of 22.06. The Asset Management industry median Return-on-Tangible-Asset is 4.53. Mulkia Investment Co's value of 12.51% is 176.5% above this industry median. Based on the distribution chart, Mulkia Investment Co ranks #419 out of 1618 companies in the Asset Management industry, which is above the industry midpoint. Overall, Mulkia Investment Co has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mulkia Investment Co's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Mulkia Investment Co ranks #419 out of 1618 companies for Return-on-Tangible-Asset. This puts Mulkia Investment Co in the upper half of its industry. The industry median Return-on-Tangible-Asset is 4.53. Mulkia Investment Co's value of 12.51% is 176.5% above this benchmark. Historically, Mulkia Investment Co's own Return-on-Tangible-Asset has ranged from 12.35 to 22.06 over the past decade. While the company's 10-year median is 20.97 vs. the industry median of 4.53, Mulkia Investment 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.53, based on 1,618 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. Mulkia Investment Co's current Return-on-Tangible-Asset of 12.51% is 176.5% 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 Mulkia Investment Co and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mulkia Investment Co's current Return-on-Tangible-Asset is 12.51%, which is 40% below median its own 10-year median of 20.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulkia Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Mulkia Investment Co (SAU:9585) is currently considered Significantly Overvalued. The stock's GF Value™ is ﷼21.91, compared to a current price of ﷼33.00 — trading 50.6% above its estimated fair value. The current Return-on-Tangible-Asset is 12.51%, which is 40% below median its 10-year median of 20.97 and 176.5% above the Asset Management industry median of 4.53. Mulkia Investment Co's overall GF Score™ is 33/100 with 2 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 Mulkia Investment Co (SAU:9585), the current Return-on-Tangible-Asset is 12.51% 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 Mulkia Investment Co (SAU:9585) Overvalued in 2026?

Based on GuruFocus' analysis, Mulkia Investment Co stock appears to be overvalued. The current stock price of ﷼33.00 is trading 50.6% above its estimated GF Value™ of ﷼21.91. GuruFocus considers Mulkia Investment Co to be Significantly Overvalued.

Key valuation signals for SAU:9585:

  • Return-on-Tangible-Asset: 12.51% (40% below median its 10-year median of 20.97)
  • GF Value™: ﷼21.91 vs. price of ﷼33.00 (50.6% above fair value)
  • GF Score™: 33/100 with 2 warning signs
  • Industry Position: 176.5% above the Asset Management median (#419 of 1618)

No single metric tells the full story. See the SAU:9585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulkia Investment Co Business Description

Address 8565 Prince Abdul Aziz Bin Musaid Bin Jalawi Street, 1st floor, The Elite Mall, P.O Box 52775, Al Sulaimaniayah District, Riyadh, SAU, 12234
Mulkia Investment Co is engaged in securities business including: Dealing, Custody Securities, Managing investments and operating funds Managing investments, Arranging Financial advisor or corporate finance advisor and Advising Investment Advisor. It provides diversified and integrated financial and investment services tailored to suit the goals of individuals and institutions of different types and sizes. It operates in the field of asset management, arranging corporate finance, financial advice and research. KSA, USA and Europe represents the geographical concentration of assets, liabilities, revenues, and expenses of the company.
33GF Score

Get the complete analysis for SAU:9585

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼33.00
Price
﷼21.91
GF Value