Emirates Telecommunications Group Co PJSC (ADX:EAND) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


ADX:EAND Emirates Telecommunications Group Co PJSC ADX:EAND
83 GF Score
Price د.إ19.66
GF Value د.إ22.78
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Emirates Telecommunications Group Co PJSC Return-on-Tangible-Equity?

Emirates Telecommunications Group Co PJSC ADX:EAND +1.65% 83 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates ADX:EAND with a GF Score™ of 83/100 and a GF Value™ of د.إ22.78 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 326 Telecommunication Services companies, Emirates Telecommunications Group Co PJSC ranks better than 99.69% on this metric.

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. Emirates Telecommunications Group Co PJSC's annualized net income for the quarter that ended in Mar. 2026 was د.إ11,530 Mil. Emirates Telecommunications Group Co PJSC's average shareholder tangible equity for the quarter that ended in Mar. 2026 was د.إ-2,903 Mil. Therefore, Emirates Telecommunications Group Co PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Emirates Telecommunications Group Co PJSC's Return-on-Tangible-Equity or its related term are showing as below:

ADX:EAND' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 40.66   Med: 53.58   Max: 105.36
Current: Negative Tangible Equity

During the past 13 years, Emirates Telecommunications Group Co PJSC's highest Return-on-Tangible-Equity was 105.36%. The lowest was 40.66%. And the median was 53.58%.

ADX:EAND's Return-on-Tangible-Equity is ranked better than
99.69% of 326 companies
in the Telecommunication Services industry
Industry Median: 14.005 vs ADX:EAND: Negative Tangible Equity

Emirates Telecommunications Group Co PJSC  (ADX:EAND) 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.


Emirates Telecommunications Group Co PJSC Return-on-Tangible-Equity Related Terms


Emirates Telecommunications Group Co PJSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Emirates Telecommunications Group Co 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.

Emirates Telecommunications Group Co PJSC Return-on-Tangible-Equity Chart

Emirates Telecommunications Group Co PJSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.86 48.02 53.58 105.36 Negative Tangible Equity

Emirates Telecommunications Group Co PJSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 709.62 832.83 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

ADX:EAND vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, Emirates Telecommunications Group Co 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.


Emirates Telecommunications Group Co PJSC Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Telecommunications Group Co PJSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Emirates Telecommunications Group Co PJSC's Return-on-Tangible-Equity falls into.


ADX:EAND
83GF Score
Emirates Telecommunications Group Co PJSC ADX:EAND
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emirates Telecommunications Group Co PJSC Return-on-Tangible-Equity Calculation

Emirates Telecommunications Group Co PJSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=14360.205/( (1872.644+-2591.658 )/ 2 )
=14360.205/-359.507
=Negative Tangible Equity %

Emirates Telecommunications Group Co PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=11529.916/( (-2591.658+-3214.493)/ 2 )
=11529.916/-2903.0755
=Negative Tangible Equity %

* 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 four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Emirates Telecommunications Group Co PJSC (ADX:EAND) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Emirates Telecommunications Group Co PJSC and its competitors. Over the past decade, Emirates Telecommunications Group Co PJSC's Return-on-Tangible-Equity has ranged from 40.66 to 105.36. According to the industry distribution chart, Emirates Telecommunications Group Co PJSC ranks #1 out of 326 companies in the Telecommunication Services industry, placing it in the top 0.3%.
Is Emirates Telecommunications Group Co PJSC's Return-on-Tangible-Equity too high?
Emirates Telecommunications Group Co PJSC's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 40.66 to a high of 105.36. Based on the distribution chart, Emirates Telecommunications Group Co PJSC ranks #1 out of 326 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Emirates Telecommunications Group Co PJSC has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emirates Telecommunications Group Co PJSC's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Emirates Telecommunications Group Co PJSC ranks #1 out of 326 companies for Return-on-Tangible-Equity. This places Emirates Telecommunications Group Co PJSC in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 14.01. Historically, Emirates Telecommunications Group Co PJSC's own Return-on-Tangible-Equity has ranged from 40.66 to 105.36 over the past decade. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.01, based on 326 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. 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 Emirates Telecommunications Group Co PJSC and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emirates Telecommunications Group Co PJSC's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emirates Telecommunications Group Co PJSC stock overvalued right now?
Based on GuruFocus' analysis, Emirates Telecommunications Group Co PJSC (ADX:EAND) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ22.78, compared to a current price of د.إ19.66 — trading 13.7% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Emirates Telecommunications Group Co PJSC's overall GF Score™ is 83/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Emirates Telecommunications Group Co PJSC (ADX:EAND), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 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 Emirates Telecommunications Group Co PJSC (ADX:EAND) Overvalued in 2026?

Based on GuruFocus' analysis, Emirates Telecommunications Group Co PJSC stock appears to be undervalued. The current stock price of د.إ19.66 is trading 13.7% below its estimated GF Value™ of د.إ22.78. GuruFocus considers Emirates Telecommunications Group Co PJSC to be Modestly Undervalued.

Key valuation signals for ADX:EAND:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: د.إ22.78 vs. price of د.إ19.66 (13.7% below fair value)
  • GF Score™: 83/100 with 8 warning signs

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


Emirates Telecommunications Group Co PJSC Business Description

Address Intersection of Zayed, The 1st Street and Sheikh Rashid Bin Saeed Al Maktoum Street, P.O. Box 3838, Etisalat Building, Abu Dhabi, ARE
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over sixteen countries in Asia and Africa. It specializes in fixed-line services, voice communication, wireless communication, and data communication services. The majority of the company's revenues profits and assets relates to its operations in the UAE.
83GF Score

Get the complete analysis for ADX:EAND

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

د.إ19.66
Price
د.إ22.78
GF Value