View United Real Estate Development Co (SAU:9591) Return-on-Tangible-Asset: 17.95% (As of Dec. 2025) — 21% 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:9591 View United Real Estate Development Co SAU:9591
24 GF Score
Price ﷼2.46
! 2 Warning Signs
View Full Analysis

What is View United Real Estate Development Co Return-on-Tangible-Asset?

View United Real Estate Development Co SAU:9591 24 Return-on-Tangible-Asset is 17.95% as of Dec. 2025, which is 21% below its 10-year median of 22.64. GuruFocus rates SAU:9591 with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 1,801 Real Estate companies, View United Real Estate Development Co ranks better than 97.45% 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. View United Real Estate Development Co's annualized Net Income for the quarter that ended in Dec. 2025 was ﷼23.19 Mil. View United Real Estate Development Co's average total tangible assets for the quarter that ended in Dec. 2025 was ﷼129.17 Mil. Therefore, View United Real Estate Development Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 17.95%.

The historical rank and industry rank for View United Real Estate Development Co's Return-on-Tangible-Asset or its related term are showing as below:

SAU:9591' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 15.4   Med: 22.64   Max: 29.79
Current: 16.19

During the past 4 years, View United Real Estate Development Co's highest Return-on-Tangible-Asset was 29.79%. The lowest was 15.40%. And the median was 22.64%.

SAU:9591's Return-on-Tangible-Asset is ranked better than
97.45% of 1801 companies
in the Real Estate industry
Industry Median: 1.86 vs SAU:9591: 16.19

View United Real Estate Development Co  (SAU:9591) 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.


View United Real Estate Development Co Return-on-Tangible-Asset Related Terms


View United Real Estate Development Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for View United Real Estate Development 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.

View United Real Estate Development Co Return-on-Tangible-Asset Chart

View United Real Estate Development Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
29.79 26.26 19.02 15.40

View United Real Estate Development Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Asset Get a 7-Day Free Trial 35.30 8.92 26.80 15.29 17.95

View United Real Estate Development Co Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Development subindustry, View United Real Estate Development 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.


View United Real Estate Development Co Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, View United Real Estate Development Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where View United Real Estate Development Co's Return-on-Tangible-Asset falls into.


SAU:9591
24GF Score
View United Real Estate Development Co SAU:9591
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

View United Real Estate Development Co Return-on-Tangible-Asset Calculation

View United Real Estate Development 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 )
=21.569/( (141.322+138.754)/ 2 )
=21.569/140.038
=15.40 %

View United Real Estate Development Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=23.192/( (119.594+138.754)/ 2 )
=23.192/129.174
=17.95 %

* 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 17.95% mean?
View United Real Estate Development Co (SAU:9591) has a Return-on-Tangible-Asset of 17.95% 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 View United Real Estate Development Co and its competitors. This is 21% below median its historical median of 22.64. Over the past decade, View United Real Estate Development Co's Return-on-Tangible-Asset has ranged from 15.40 to 29.79. According to the industry distribution chart, View United Real Estate Development Co ranks #46 out of 1801 companies in the Real Estate industry, placing it in the top 2.6%.
Is View United Real Estate Development Co's Return-on-Tangible-Asset too high?
View United Real Estate Development Co's current Return-on-Tangible-Asset of 17.95% is 21% below median its 10-year median of 22.64. Over the past 10 years, this metric has ranged from a low of 15.40 to a high of 29.79. The Real Estate industry median Return-on-Tangible-Asset is 1.86. View United Real Estate Development Co's value of 17.95% is 865.1% above this industry median. Based on the distribution chart, View United Real Estate Development Co ranks #46 out of 1801 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, View United Real Estate Development Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does View United Real Estate Development Co's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, View United Real Estate Development Co ranks #46 out of 1801 companies for Return-on-Tangible-Asset. This places View United Real Estate Development Co in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.86. View United Real Estate Development Co's value of 17.95% is 865.1% above this benchmark. Historically, View United Real Estate Development Co's own Return-on-Tangible-Asset has ranged from 15.40 to 29.79 over the past decade. While the company's 10-year median is 22.64 vs. the industry median of 1.86, View United Real Estate Development 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.86, based on 1,801 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. View United Real Estate Development Co's current Return-on-Tangible-Asset of 17.95% is 865.1% 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 View United Real Estate Development Co and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. View United Real Estate Development Co's current Return-on-Tangible-Asset is 17.95%, which is 21% below median its own 10-year median of 22.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is View United Real Estate Development Co stock overvalued right now?
View United Real Estate Development Co (SAU:9591) has a current Return-on-Tangible-Asset of 17.95%. The current Return-on-Tangible-Asset is 17.95%, which is 21% below median its 10-year median of 22.64 and 865.1% above the Real Estate industry median of 1.86. View United Real Estate Development Co's overall GF Score™ is 24/100 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 View United Real Estate Development Co (SAU:9591), the current Return-on-Tangible-Asset is 17.95% 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.

View United Real Estate Development Co Business Description

Address Anas Bin Malik Road, P.O. Box 3839 - 6577, Al Yasmeen District, Riyadh, SAU, 13325
View United Real Estate Development Co is a real estate development company based in the Kingdom of Saudi Arabia. Its business activities consist of the construction of residential buildings, general construction of non-residential buildings such as schools, hospitals, and hotels, purchasing and selling land and properties, off-plan sales, and management and leasing of owned or leased residential and non-residential properties. Its reportable segments are: Real Estate Development and Sales and Marketing. Maximum revenue is generated from the Real Estate Development segment, which comprises all the properties under development that are acquired, developed, and sold. This includes residential properties, whether completed or under development (Residential Projects).
24GF Score

Get the complete analysis for SAU:9591

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

﷼2.46
Price