Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) Return-on-Tangible-Equity: -263.62% (As of Dec. 2023)


What is Rum Group for Transportation & Tourism Investment PSC Return-on-Tangible-Equity?

Rum Group for Transportation & Tourism Investment PSC AMM:RUMM Return-on-Tangible-Equity is -263.62% as of Dec. 2023.

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. Rum Group for Transportation & Tourism Investment PSC's annualized net income for the quarter that ended in Dec. 2023 was JOD-3.00 Mil. Rum Group for Transportation & Tourism Investment PSC's average shareholder tangible equity for the quarter that ended in Dec. 2023 was JOD1.14 Mil. Therefore, Rum Group for Transportation & Tourism Investment PSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -263.62%.

The historical rank and industry rank for Rum Group for Transportation & Tourism Investment PSC's Return-on-Tangible-Equity or its related term are showing as below:

AMM:RUMM's Return-on-Tangible-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.615
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Rum Group for Transportation & Tourism Investment PSC  (AMM:RUMM) 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.

Rum Group for Transportation & Tourism Investment PSC Return-on-Tangible-Equity Related Terms

Rum Group for Transportation & Tourism Investment PSC Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Rum Group for Transportation & Tourism Investment PSC'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.

Rum Group for Transportation & Tourism Investment PSC Return-on-Tangible-Equity Chart

Rum Group for Transportation & Tourism Investment PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 -5.99 -5.08 -10.53 -78.51

Rum Group for Transportation & Tourism Investment PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.03 -13.53 -76.31 -87.94 -263.62

AMM:RUMM vs BKNG, ABNB, TCOM: Return-on-Tangible-Equity Comparison

For the Travel Services subindustry, Rum Group for Transportation & Tourism Investment PSC'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.

Rum Group for Transportation & Tourism Investment PSC Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rum Group for Transportation & Tourism Investment PSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Rum Group for Transportation & Tourism Investment PSC's Return-on-Tangible-Equity falls into.


Rum Group for Transportation & Tourism Investment PSC Return-on-Tangible-Equity Calculation

Rum Group for Transportation & Tourism Investment PSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-1.823/( (3.919+0.725 )/ 2 )
=-1.823/2.322
=-78.51 %

Rum Group for Transportation & Tourism Investment PSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-3/( (1.551+0.725)/ 2 )
=-3/1.138
=-263.62 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -263.62% mean?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a Return-on-Tangible-Equity of -263.62% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Rum Group for Transportation & Tourism Investment PSC and its competitors.
Is Rum Group for Transportation & Tourism Investment PSC's Return-on-Tangible-Equity too high?
Rum Group for Transportation & Tourism Investment PSC's current Return-on-Tangible-Equity is -263.62%.
How does Rum Group for Transportation & Tourism Investment PSC's Return-on-Tangible-Equity compare to BKNG and ABNB?
Rum Group for Transportation & Tourism Investment PSC's Return-on-Tangible-Equity of -263.62% can be compared against companies in the Travel & Leisure industry. The industry median Return-on-Tangible-Equity is 7.62. 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.62, based on 796 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 Rum Group for Transportation & Tourism Investment PSC and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rum Group for Transportation & Tourism Investment PSC's current Return-on-Tangible-Equity is -263.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rum Group for Transportation & Tourism Investment PSC stock overvalued right now?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a current Return-on-Tangible-Equity of -263.62%. The current Return-on-Tangible-Equity is -263.62%. 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 Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM), the current Return-on-Tangible-Equity is -263.62% as of Dec. 2023. 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.

Rum Group for Transportation & Tourism Investment PSC Business Description

Address Airport Street, Close to Maa'daba Bridge, P.O. Box 921513, Amman, JOR, 11192
Rum Group for Transportation & Tourism Investment PSC provides tour services. The company provides tourist land transportation Inside and Outside Jordan, owns and operates hotels, aircraft leasing, low-cost airlines, insurance and financial brokerage. The company's brands include Rum Trans, Rum Hotels, and RUM Aviation.