GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jordan Petroleum Refinery Co Ltd (AMM:JOPT) » Definitions » Return-on-Tangible-Equity

Jordan Petroleum Refinery Co (AMM:JOPT) Return-on-Tangible-Equity : 10.68% (As of Mar. 2025)


View and export this data going back to 1978. Start your Free Trial

What is Jordan Petroleum Refinery Co Return-on-Tangible-Equity?

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. Jordan Petroleum Refinery Co's annualized net income for the quarter that ended in Mar. 2025 was JOD70 Mil. Jordan Petroleum Refinery Co's average shareholder tangible equity for the quarter that ended in Mar. 2025 was JOD656 Mil. Therefore, Jordan Petroleum Refinery Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 10.68%.

The historical rank and industry rank for Jordan Petroleum Refinery Co's Return-on-Tangible-Equity or its related term are showing as below:

AMM:JOPT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.14   Med: 19.93   Max: 37.69
Current: 12.99

During the past 13 years, Jordan Petroleum Refinery Co's highest Return-on-Tangible-Equity was 37.69%. The lowest was -7.14%. And the median was 19.93%.

AMM:JOPT's Return-on-Tangible-Equity is ranked better than
66.5% of 982 companies
in the Oil & Gas industry
Industry Median: 6.855 vs AMM:JOPT: 12.99

Jordan Petroleum Refinery Co Return-on-Tangible-Equity Historical Data

The historical data trend for Jordan Petroleum Refinery Co'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.

* Premium members only.

Jordan Petroleum Refinery Co Return-on-Tangible-Equity Chart

Jordan Petroleum Refinery Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.14 24.59 37.69 24.69 14.59

Jordan Petroleum Refinery Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 31.33 13.14 10.98 18.45 10.68

Competitive Comparison of Jordan Petroleum Refinery Co's Return-on-Tangible-Equity

For the Oil & Gas Refining & Marketing subindustry, Jordan Petroleum Refinery Co'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.


Jordan Petroleum Refinery Co's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jordan Petroleum Refinery Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Jordan Petroleum Refinery Co's Return-on-Tangible-Equity falls into.


;
;

Jordan Petroleum Refinery Co Return-on-Tangible-Equity Calculation

Jordan Petroleum Refinery Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=72.415/( (345.684+646.876 )/ 2 )
=72.415/496.28
=14.59 %

Jordan Petroleum Refinery Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=70.024/( (646.876+664.793)/ 2 )
=70.024/655.8345
=10.68 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Jordan Petroleum Refinery Co  (AMM:JOPT) 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.


Jordan Petroleum Refinery Co Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Jordan Petroleum Refinery Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Jordan Petroleum Refinery Co Business Description

Traded in Other Exchanges
N/A
Address
Rainbow Street, First Circle, P.O Box 3396, Jabal, Amman, JOR, 11181
Jordan Petroleum Refinery Co Ltd engages in refining, producing, distributing, and transporting petroleum products in Jordan. The company provides asphalt products, such as blown and liquid asphalt; and fuels, including liquefied petroleum gas (LPG), gasoline, kerosene, aviation fuel, diesel, and fuel oils. It also provides lube oils; and white spirits and sulphur. In addition, it is involved in sale of oil derivatives and gas cylinders; marketing of oils; maintaining and operating stations and warehouses of Aqaba; and loading various petroleum derivatives comprising LPG, gasoline, normal/special diesel and avtur, fuel oil, white spirit, and asphalt in tankers. Further, the company repairs and requalifies gas cylinders. It serves electricity, transportation and industry sectors.

Jordan Petroleum Refinery Co Headlines

No Headlines