Jet Contractors (CAS:JET) Return-on-Tangible-Equity: 15.58% (As of Dec. 2025) — 108% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAS:JET Jet Contractors SA CAS:JET
30 GF Score
Price MAD2,100.00
GF Value MAD1,233.29
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Jet Contractors Return-on-Tangible-Equity?

Jet Contractors CAS:JET +1.50% 30 Return-on-Tangible-Equity is 15.58% as of Dec. 2025, which is 108% above its 10-year median of 7.49. GuruFocus rates CAS:JET with a GF Score™ of 30/100 and a GF Value™ of MAD1,233.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 397 Building Materials companies, Jet Contractors ranks better than 85.14% 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. Jet Contractors's annualized net income for the quarter that ended in Dec. 2025 was MAD2,160 Mil. Jet Contractors's average shareholder tangible equity for the quarter that ended in Dec. 2025 was MAD13,866 Mil. Therefore, Jet Contractors's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 15.58%.

The historical rank and industry rank for Jet Contractors's Return-on-Tangible-Equity or its related term are showing as below:

CAS:JET' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.03   Med: 7.49   Max: 19.13
Current: 18.8

During the past 7 years, Jet Contractors's highest Return-on-Tangible-Equity was 19.13%. The lowest was 0.03%. And the median was 7.49%.

CAS:JET's Return-on-Tangible-Equity is ranked better than
85.14% of 397 companies
in the Building Materials industry
Industry Median: 5.06 vs CAS:JET: 18.80

Jet Contractors  (CAS:JET) 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.


Jet Contractors Return-on-Tangible-Equity Related Terms


Jet Contractors Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Jet Contractors'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.

Jet Contractors Return-on-Tangible-Equity Chart

Jet Contractors Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 1.16 2.76 7.49 12.03 19.13

Jet Contractors Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.70 16.63 7.70 22.31 15.58

CAS:JET vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison

For the Building Materials subindustry, Jet Contractors'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.


Jet Contractors Return-on-Tangible-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Jet Contractors's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Jet Contractors's Return-on-Tangible-Equity falls into.


CAS:JET
30GF Score
Jet Contractors SA CAS:JET
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jet Contractors Return-on-Tangible-Equity Calculation

Jet Contractors'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 )
=2459.296/( (11173.217+14544.796 )/ 2 )
=2459.296/12859.0065
=19.13 %

Jet Contractors's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=2159.948/( (13186.633+14544.796)/ 2 )
=2159.948/13865.7145
=15.58 %

* 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 two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 15.58% mean?
Jet Contractors (CAS:JET) has a Return-on-Tangible-Equity of 15.58% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Jet Contractors and its competitors. This is 108% above median its historical median of 7.49. Over the past decade, Jet Contractors' Return-on-Tangible-Equity has ranged from 0.03 to 19.13. According to the industry distribution chart, Jet Contractors ranks #59 out of 397 companies in the Building Materials industry, placing it in the top 14.9%.
Is Jet Contractors' Return-on-Tangible-Equity too high?
Jet Contractors' current Return-on-Tangible-Equity of 15.58% is 108% above median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 19.13. The Building Materials industry median Return-on-Tangible-Equity is 5.06. Jet Contractors' value of 15.58% is 207.9% above this industry median. Based on the distribution chart, Jet Contractors ranks #59 out of 397 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Jet Contractors has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jet Contractors' Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, Jet Contractors ranks #59 out of 397 companies for Return-on-Tangible-Equity. This places Jet Contractors in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.06. Jet Contractors' value of 15.58% is 207.9% above this benchmark. Historically, Jet Contractors' own Return-on-Tangible-Equity has ranged from 0.03 to 19.13 over the past decade. While the company's 10-year median is 7.49 vs. the industry median of 5.06, Jet Contractors has consistently been above the industry average. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.06, based on 397 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. Jet Contractors's current Return-on-Tangible-Equity of 15.58% is 207.9% above the industry median. 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 Jet Contractors and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Contractors's current Return-on-Tangible-Equity is 15.58%, which is 108% above median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Contractors stock overvalued right now?
Based on GuruFocus' analysis, Jet Contractors (CAS:JET) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD1,233.29, compared to a current price of MAD2,100.00 — trading 70.3% above its estimated fair value. The current Return-on-Tangible-Equity is 15.58%, which is 108% above median its 10-year median of 7.49 and 207.9% above the Building Materials industry median of 5.06. Jet Contractors' overall GF Score™ is 30/100 with 5 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 Jet Contractors (CAS:JET), the current Return-on-Tangible-Equity is 15.58% as of Dec. 2025. 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 Jet Contractors (CAS:JET) Overvalued in 2026?

Based on GuruFocus' analysis, Jet Contractors stock appears to be overvalued. The current stock price of MAD2,100.00 is trading 70.3% above its estimated GF Value™ of MAD1,233.29. GuruFocus considers Jet Contractors to be Significantly Overvalued.

Key valuation signals for CAS:JET:

  • Return-on-Tangible-Equity: 15.58% (108% above median its 10-year median of 7.49)
  • GF Value™: MAD1,233.29 vs. price of MAD2,100.00 (70.3% above fair value)
  • GF Score™: 30/100 with 5 warning signs
  • Industry Position: 207.9% above the Building Materials median (#59 of 397)

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


Jet Contractors Business Description

Address Industrial District of Oued Ykkem, Skhirate, MAR, CP 12040
Jet Contractors SA is a general contractor. The company is engaged in general contracting, construction of complex architectural projects, wood and metallic structures, fiber-reinforced concrete architecture, and production of solar panels. The company handles feasibility studies, consulting, design, manufacturing, delivery, and installation of building projects.
30GF Score

Get the complete analysis for CAS:JET

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

MAD2,100.00
Price
MAD1,233.29
GF Value