Anan Investment Holding PJSC (ADX:ANAN) Return-on-Tangible-Equity: 6.57% (As of Jun. 2019)

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What is Anan Investment Holding PJSC Return-on-Tangible-Equity?

Anan Investment Holding PJSC ADX:ANAN +0.88% Return-on-Tangible-Equity is 6.57% as of Jun. 2019.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Anan Investment Holding PJSC's annualized net income for the quarter that ended in Jun. 2019 was د.إ165 Mil. Anan Investment Holding PJSC's average shareholder tangible equity for the quarter that ended in Jun. 2019 was د.إ2,508 Mil. Therefore, Anan Investment Holding PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2019 was 6.57%.

The historical rank and industry rank for Anan Investment Holding PJSC's Return-on-Tangible-Equity or its related term are showing as below:

ADX:ANAN's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 4.26
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Anan Investment Holding PJSC  (ADX:ANAN) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Anan Investment Holding PJSC Return-on-Tangible-Equity Related Terms


Anan Investment Holding PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Anan Investment Holding PJSC's Return-on-Tangible-Equity 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.

Anan Investment Holding PJSC Return-on-Tangible-Equity Chart

Anan Investment Holding PJSC Annual Data
Trend Dec17 Dec18
Return-on-Tangible-Equity
-43.27 21.40

Anan Investment Holding PJSC Semi-Annual Data
Dec17 Jun18 Dec18 Jun19
Return-on-Tangible-Equity 0.00 268.23 12.97 6.57

Anan Investment Holding PJSC Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, Anan Investment Holding PJSC's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Anan Investment Holding PJSC Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Anan Investment Holding PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Anan Investment Holding PJSC's Return-on-Tangible-Equity falls into.



Anan Investment Holding PJSC Return-on-Tangible-Equity Calculation

Anan Investment Holding PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=276.098/( (85.168+2495.662 )/ 2 )
=276.098/1290.415
=21.40 %

Anan Investment Holding PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Dec. 2018 )(Q: Jun. 2019 )
=164.648/( (2495.662+2519.838)/ 2 )
=164.648/2507.75
=6.57 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jun. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 6.57% mean?
Anan Investment Holding PJSC (ADX:ANAN) has a Return-on-Tangible-Equity of 6.57% as of Jun. 2019. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Anan Investment Holding PJSC and its competitors.
Is Anan Investment Holding PJSC's Return-on-Tangible-Equity too high?
Anan Investment Holding PJSC's current Return-on-Tangible-Equity is 6.57%. The Real Estate industry median Return-on-Tangible-Equity is 4.26. Anan Investment Holding PJSC's value of 6.57% is 54.2% above this industry median.
How does Anan Investment Holding PJSC's Return-on-Tangible-Equity compare to competitors?
Anan Investment Holding PJSC's Return-on-Tangible-Equity of 6.57% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.26. Anan Investment Holding PJSC's value of 6.57% is 54.2% above this benchmark. 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-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.26, based on 1,713 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anan Investment Holding PJSC's current Return-on-Tangible-Equity of 6.57% is 54.2% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Anan Investment Holding PJSC and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anan Investment Holding PJSC's current Return-on-Tangible-Equity is 6.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anan Investment Holding PJSC stock overvalued right now?
Anan Investment Holding PJSC (ADX:ANAN) has a current Return-on-Tangible-Equity of 6.57%. The current Return-on-Tangible-Equity is 6.57% and 54.2% above the Real Estate industry median of 4.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Anan Investment Holding PJSC (ADX:ANAN), the current Return-on-Tangible-Equity is 6.57% as of Jun. 2019. 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.

Anan Investment Holding PJSC Business Description

Address Kan'ad Street, Zone 1, Fotouh Al Khair Center, Tower No. 1, Floor No. 0, Office No. 2, Abu Dhabi, ARE
Anan Investment Holding PJSC is engaged in developing, investing in, and managing real estate properties. The company's operations are focused on real estate development. investment and marketing in various sectors, including tourism, industry, and others. Its project profile includes Wahat Alzaweya, Aryaf, Nasayem, Shamma Centre, Waha Living, Marya Boutique, and others.