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. Paper Middle East (SIMO)'s annualized net income for the quarter that ended in . 20 was E£ Mil. Paper Middle East (SIMO)'s average shareholder tangible equity for the quarter that ended in . 20 was E£ Mil. Therefore, Paper Middle East (SIMO)'s annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.
The historical rank and industry rank for Paper Middle East (SIMO)'s Return-on-Tangible-Equity or its related term are showing as below:
CAI:SIMO's Return-on-Tangible-Equity is not ranked *
in the Forest Products industry.
Industry Median: 2.17 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Paper Middle East (SIMO) (CAI:SIMO) 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.
Paper Middle East (SIMO) Return-on-Tangible-Equity Related Terms
Paper Middle East (SIMO) Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Paper Middle East (SIMO)'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.
Paper Middle East (SIMO) Return-on-Tangible-Equity Chart
Paper Middle East (SIMO) Annual Data
Trend
Return-on-Tangible-Equity
Paper Middle East (SIMO) Quarterly Data
Return-on-Tangible-Equity
Paper Middle East (SIMO) Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Paper Middle East (SIMO)'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.
Paper Middle East (SIMO) Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Paper Middle East (SIMO)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Paper Middle East (SIMO)'s Return-on-Tangible-Equity falls into.
* 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 (. 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?
Paper Middle East (SIMO) (CAI:SIMO) 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 Paper Middle East (SIMO) and its competitors.
Is Paper Middle East (SIMO)'s Return-on-Tangible-Equity too high?
Paper Middle East (SIMO)'s current Return-on-Tangible-Equity is 0.00%.
How does Paper Middle East (SIMO)'s Return-on-Tangible-Equity compare to competitors?
Paper Middle East (SIMO)'s Return-on-Tangible-Equity of 0.00% can be compared against companies in the Forest Products industry. The industry median Return-on-Tangible-Equity is 2.17. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.17, based on 279 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 Paper Middle East (SIMO) and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paper Middle East (SIMO)'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 Paper Middle East (SIMO) stock overvalued right now?
Paper Middle East (SIMO) (CAI:SIMO) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Paper Middle East (SIMO) (CAI:SIMO), 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.
Paper Middle East (SIMO) manufactures paper products. Its product portfolio includes duplex cartons, thick cardboard, paper containers and different kinds of tapes and cardboard products.
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