National Steel Industry Co (AMM:NAST) Return-on-Tangible-Equity: 0.00% (As of . 20)


AMM:NAST National Steel Industry Co AMM:NAST
12 GF Score
Price JOD0.83
! 1 Warning Sign
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What is National Steel Industry Co Return-on-Tangible-Equity?

National Steel Industry Co AMM:NAST 12 Return-on-Tangible-Equity is 0.00% as of . 20. GuruFocus rates AMM:NAST with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 615 Steel companies, National Steel Industry Co ranks worse than 162601.46% 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. National Steel Industry Co's annualized net income for the quarter that ended in . 20 was JOD Mil. National Steel Industry Co's average shareholder tangible equity for the quarter that ended in . 20 was JOD Mil. Therefore, National Steel Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for National Steel Industry Co's Return-on-Tangible-Equity or its related term are showing as below:

AMM:NAST's Return-on-Tangible-Equity is not ranked *
in the Steel industry.
Industry Median: 3.93
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

National Steel Industry Co  (AMM:NAST) 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.

National Steel Industry Co Return-on-Tangible-Equity Related Terms

National Steel Industry Co Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for National Steel Industry 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.

National Steel Industry Co Return-on-Tangible-Equity Chart

National Steel Industry Co Annual Data
Trend
Return-on-Tangible-Equity

National Steel Industry Co Semi-Annual Data
Return-on-Tangible-Equity

National Steel Industry Co Return-on-Tangible-Equity Competitor Comparison

For the Steel subindustry, National Steel Industry 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.

National Steel Industry Co Return-on-Tangible-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, National Steel Industry Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where National Steel Industry Co's Return-on-Tangible-Equity falls into.


AMM:NAST
12GF Score
National Steel Industry Co AMM:NAST
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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National Steel Industry Co Return-on-Tangible-Equity Calculation

National Steel Industry Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

National Steel Industry Co's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
National Steel Industry Co (AMM:NAST) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on National Steel Industry Co and its competitors. According to the industry distribution chart, National Steel Industry Co ranks #999999 out of 615 companies in the Steel industry.
Is National Steel Industry Co's Return-on-Tangible-Equity too high?
National Steel Industry Co's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, National Steel Industry Co ranks #999999 out of 615 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, National Steel Industry Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does National Steel Industry Co's Return-on-Tangible-Equity compare to competitors?
According to the Steel industry distribution chart, National Steel Industry Co ranks #999999 out of 615 companies for Return-on-Tangible-Equity. This places National Steel Industry Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 3.93. 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.93, based on 615 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 National Steel Industry Co and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Steel Industry Co's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Steel Industry Co stock overvalued right now?
National Steel Industry Co (AMM:NAST) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. National Steel Industry Co's overall GF Score™ is 12/100 with 1 warning sign 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 National Steel Industry Co (AMM:NAST), the current Return-on-Tangible-Equity is 0.00% as of . 20. 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.

National Steel Industry Co Business Description

Address Riad Saeed Al-Mufleh Street, Wadi Al-Ash, Zarqa, JOR, 31332
National Steel Industry Co is a Jordon based company engaged in the activities of the manufacture of iron and steel of all kinds and forms; marketing the company's products in the internal and external markets and practicing all types of trade related to steel.
12GF Score

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

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