ALEC Holdings PJSCDFM:ALEC -0.65%33 Return-on-Tangible-Equity is 83.56% as of Dec. 2025, which is 125% above its 10-year median of 37.20. GuruFocus rates DFM:ALEC with a GF Score™ of 33/100. The stock has 2 warning signs investors should review. Among 1,711 Construction companies, ALEC Holdings PJSC ranks better than 91.47% 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. ALEC Holdings PJSC's annualized net income for the quarter that ended in Dec. 2025 was د.إ897 Mil. ALEC Holdings PJSC's average shareholder tangible equity for the quarter that ended in Dec. 2025 was د.إ1,073 Mil. Therefore, ALEC Holdings PJSC's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 83.56%.
The historical rank and industry rank for ALEC Holdings PJSC's Return-on-Tangible-Equity or its related term are showing as below:
DFM:ALEC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 27.75 Med: 37.2 Max: 67.46
Current: 67.46
During the past 4 years, ALEC Holdings PJSC's highest Return-on-Tangible-Equity was 67.46%. The lowest was 27.75%. And the median was 37.20%.
DFM:ALEC's Return-on-Tangible-Equity is ranked better than 91.47% of 1711
companies
in the Construction industry
Industry Median: 8.23
vs DFM:ALEC: 67.46
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.
ALEC Holdings PJSC Return-on-Tangible-Equity Related Terms
ALEC Holdings PJSC Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for ALEC Holdings PJSC'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.
DFM:ALEC vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, ALEC Holdings PJSC'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.
ALEC Holdings PJSC Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, ALEC Holdings PJSC's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where ALEC Holdings PJSC'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 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 83.56% mean?
ALEC Holdings PJSC (DFM:ALEC) has a Return-on-Tangible-Equity of 83.56% 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 ALEC Holdings PJSC and its competitors. This is 125% above median its historical median of 37.20. Over the past decade, ALEC Holdings PJSC's Return-on-Tangible-Equity has ranged from 27.75 to 67.46. According to the industry distribution chart, ALEC Holdings PJSC ranks #146 out of 1711 companies in the Construction industry, placing it in the top 8.5%.
Is ALEC Holdings PJSC's Return-on-Tangible-Equity too high?
ALEC Holdings PJSC's current Return-on-Tangible-Equity of 83.56% is 125% above median its 10-year median of 37.20. Over the past 10 years, this metric has ranged from a low of 27.75 to a high of 67.46. The Construction industry median Return-on-Tangible-Equity is 8.23. ALEC Holdings PJSC's value of 83.56% is 915.3% above this industry median. Based on the distribution chart, ALEC Holdings PJSC ranks #146 out of 1711 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, ALEC Holdings PJSC has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does ALEC Holdings PJSC's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, ALEC Holdings PJSC ranks #146 out of 1711 companies for Return-on-Tangible-Equity. This places ALEC Holdings PJSC in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.23. ALEC Holdings PJSC's value of 83.56% is 915.3% above this benchmark. Historically, ALEC Holdings PJSC's own Return-on-Tangible-Equity has ranged from 27.75 to 67.46 over the past decade. While the company's 10-year median is 37.20 vs. the industry median of 8.23, ALEC Holdings PJSC 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.23, based on 1,711 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. ALEC Holdings PJSC's current Return-on-Tangible-Equity of 83.56% is 915.3% 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 ALEC Holdings PJSC and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ALEC Holdings PJSC's current Return-on-Tangible-Equity is 83.56%, which is 125% above median its own 10-year median of 37.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ALEC Holdings PJSC stock overvalued right now?
ALEC Holdings PJSC (DFM:ALEC) has a current Return-on-Tangible-Equity of 83.56%. The current Return-on-Tangible-Equity is 83.56%, which is 125% above median its 10-year median of 37.20 and 915.3% above the Construction industry median of 8.23. ALEC Holdings PJSC's overall GF Score™ is 33/100 with 2 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 ALEC Holdings PJSC (DFM:ALEC), the current Return-on-Tangible-Equity is 83.56% 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.
ALEC Holdings PJSC is a diversified engineering and construction group in the UAE and KSA, specializing in large-scale, complex, and iconic projects across various sectors including commercial, hospitality, retail, and infrastructure. The company offers comprehensive turnkey solutions encompassing construction, MEP, fit-out, energy, and data center solutions, with a focus on innovation, quality, and sustainability. The management of the Group assess the Group into four key business units: Building and Infrastructure Construction Services, Energy, Related Businesses and Corporate Activities.
33GF Score
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